HYBE responds to ADOR CEO's press conference; dismisses her claims as 'distorted' and 'inaccurate'

Min Hee Jin defended her actions, asserting that she had no intention of seizing management rights and expressing bewilderment at HYBE's response.

On April 25, Min Hee Jin, the CEO of ADOR, took the stage at the Korea
Conference Center to address the ongoing conflict between her, ADOR,
and HYBE, offering her perspective on the matter. However, the
aftermath of her press conference saw HYBE, the parent company of BTS,
issuing an official statement in response to her claims, dismissing
them as distorted and inaccurate.

The root of this conflict stems from HYBE's initiation of an audit
into ADOR's management on April 22, reportedly due to suspicions of
ADOR's intentions to break away from the company. In response to this
audit, ADOR released a statement accusing NewJeans' concept being
copied.

HYBE swiftly responded to Min Hee Jin's press conference, asserting
that her claims were far from reality. They contended that many of her
assertions were inaccurate and distorted, making it impractical to
address each one individually. Instead, they opted not to engage in a
detailed rebuttal, deeming it unworthy of their time and effort.

While HYBE acknowledged possessing evidence to refute Min Hee Jin's
claims, they chose not to disclose it publicly. However, they pledged
to provide clear and factual information to the media upon inquiry.
Additionally, they urged Min Hee Jin to desist from spreading false
claims and to cooperate with the ongoing audit process promptly.

In a bold move, HYBE called for Min Hee Jin's immediate resignation
from her position, citing her actions as evidence of her unsuitability
for effectively managing ADOR. They also criticised her for involving
artists and their parents in the conflict, arguing that it undermined
the artists' reputation and value.

During her press conference, Min Hee Jin defended her actions,
asserting that she had no intention of seizing management rights and
expressing bewilderment at HYBE's response. She emphasised her role as
a salaried CEO and denied any breach of trust, accusing HYBE of
betrayal instead.

The conflict between HYBE and ADOR appears to be escalating, with both
parties steadfastly defending their positions. As the situation
unfolds, the future of their relationship and its implications for the
entertainment industry remain uncertain.