Min Hee-jin, who says he can't go out even if he pays, is the real reason why he's asking to return to the CEO position of Newzins
Sep 26, 2024
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Former representative Min publicly shot Hive in an interview with the JoongAng Ilbo. Former representative Min's position is that being dismissed from the representative position is an open execution, and that he should return as representative of Audor for the New Jeans he gave birth to.
Former CEO Min first said, `There is no clear reason to accept the dismissal of CEO," he said, emphasizing the performance of New Jeans. He said "Dore turned into a surplus in the first quarter of 2023 after Newzins debuted in 2022, and net profit at the end of 2023 was 26.5 billion won, exceeding the investment (16 billion won). It grew the most among the labels under Hive. Above all, it is completely different from the guarantee of independence for the Min Hee-jin label, which Chairman Bang Si-hyuk first proposed and promised when I joined Hive.
The essence of the situation is nothing more than an open execution of the subsidiary's president's blatant defiance of the parent company's feelings. Through this black comedy-like incident, the movie 'JSA' came to mind. It is a skit caused by accidental emotions stemming from human conflict.
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After winning the provisional injunction against the interim shareholders' meeting in May, Min said, `Some negotiations came in asking me to take money from Hib. I refused because the money was not my purpose. Newzins, parents, and I have suffered from constant bullying, but we have never said we would leave the Hive. They just told us to cut off our attention and leave it alone instead of disturbing us."
He was also dismissed during a surprise fan meeting planned for Korean fans, and work on the next album was also suspended. This was also Hive's obstruction of business against Newzins. "As a producer, I was worried about how it would be good for their lives to lead a young artist. Newzins, who came out of such worries, is like a child born from my head and heart. In addition to wanting to do everything good, I also wanted to present an alternative relationship to the new Mizness model as a producer."
Former CEO Min was dismissed through the board of directors last month. Kim Joo-young, an in-house director, was selected to replace former CEO Min. Then, the members of the Newzins broadcast an emergency live broadcast on the 11th and return former representative Min by the 25th. This is the way to stay without fighting Hive," he warned Hive.
However, Hive and Adore still stick to the policy of not returning to representative Min. Instead, he offered a compromise to guarantee the return of the in-house director and the production authority for the remaining five years of Newzins' contract. However, former CEO Min said that `The compromise of Dorr is a pun\\\\\\\\\\\\\\\\\\\\\\\\\\" raised his voice.
silk781220@sportschosun.com
