He criticized Hive sharply, saying, "There is no clear reason to dismiss him," "Public execution of the president of the subsidiary for openly defying the feelings of the parent company," and "After winning the disposition, a negotiation proposal to receive money from Hive came in through a lawyer."
In response, Hive said, "There are many things that are not true," adding, "Hive has never offered a negotiation proposal that says, 'I'll give you money, so get out.' It is absurd for us to make such absurd and false claims in media interviews."
Regarding the audit of former CEO Min, he said, "The audit was conducted based on clear internal and external reports, and the police investigation is also underway. Director Min claimed that the audit was conducted "accidentally" and "illegally based on false facts," but the audit was not conducted accidentally. It was launched due to a series of external reports."
He then pointed out that he has been looking for ways to attack the company over a long period of time, and that he has met investors, adding, "Director Min himself is still not responding to the company's audit."
He also claimed that his promise to guarantee independence of Min Hee-jin's label was not true. "When he was CEO, Min was guaranteed full control over production and management than any other label. He has enjoyed greater benefits and support than any other label in terms of put options, annual salary, treatment, activity support, and promotion without any interference," Hive said.
The allegation that overseas PR agencies distributed slanderous data was also "false," Hive said. "The company has sent a reply saying, 'It is a lie if you have never distributed data on Min.' Also, Billboard columnist Jeff Benjamin sent a reply that he never told Min that he had received material full of slander."
Former CEO Min claimed that the current situation had halted the Newzins' surprise fan meeting and the next album. This was called Hive's obstruction of business against Newzins, which Hive countered by saying, "It is not because of Hive's obstruction of business, but because of Director Min's negligence and delay in decision-making."
Hive said, "Dore was considering the Seoul World Cup Stadium as the venue for the fan meeting in Korea, but the rental was rejected due to grass issues. The new leadership gathered working-level opinions to prepare alternatives and discuss new albums, and asked Min to meet several times and communicated by e-mail, but Min is causing disruptions by delaying his answer or suddenly taking a long vacation."
Regarding the dismissal of former CEO Min at a board meeting in August, he also pointed out, "The board's agenda is not subject to consultation and there is no obligation to notify in advance, but it was clearly notified three days before the meeting," adding, "There was no clear reason to accept the reason for the dismissal," but the board explained, "In addition to the breakdown of the trust relationship, it is a policy appropriate situation to separate the production and the CEO's work."
"Just by spreading false information through interviews, the reason for Min's disqualification as a manager is revealed. I hope he will return to his main job and focus on his work for artists and fans," he said.
I don't think the argument that production and management should be one in the first place is valid.
If that's the case, it means that every company has to be produced by a manager,
Such a thing is impossible in the current large-scale situation.
If so, it's a subsidiary of one enterprise in a few groups
If a subsidiary seeks to become independent from the parent company on the grounds of interference,
The parent company of the subsidiary becomes meaningless.
He has repeatedly made incoherent claims,
I don't know if you want to be guaranteed to be in charge of production and to be independent,
The thing that continues to cause the most damage to Newzins in terms of management rights and contracts is
Maybe it's you.
If you listen to both sides' arguments
Min Hee-jin says that Hive is interfering, and that Hive continues to be an act of self-harm in itself
It's hard to believe.
Hive's argument is that Min Heejin embraces the new jeans
It's about wanting independence, which I don't know much about, this is much more convincing.
If you look at the P.F.T scandal, it's important to be a successful idol group
Because it goes beyond just a medium-sized company, it can also lead to greed.
If you're a group that's already a big success and has a solid fandom like NU'EST GINS
It's a group that anyone would want.
Everyone claims no, but to convince you that it really is
You have to show something, but you didn't show anything, only the fight is left.
If you didn't know who would suffer if this happened,
It can be said that he is a manager who is not qualified.
Please let go of your greed and stand by each other's line
I hope the damage to Newzins will be minimal.