Min Hee-jin Reflects on NewJeans Journey Amid Agency Disputes

Nov 16, 2024

Min Hee-jin, former CEO of Adorr, expressed his feelings that "If you smile, you will be blessed."

On the 16th, former CEO Min released a video of the fall camp of the members of the NewJeans. This part shows the members passionately shouting "Blessed if you laugh."

On the previous day, Min also shared a fan art called 'New Jeans Never Die.' It was similar to the photo sent by NewJeans member Hanni last month to support Min Hee-jin, who will give a lecture at the '2024 Hyundai Card Da Vinci Motel'. At the time, Hani said "Good luck today, CEO. Of course you will tear it, but..." he also left a letter.

Earlier, NewJeans sent a certificate of content to its agency, Ador. In the recent controversial Hive internal documents, clear explanation of the phrase 'You can throw away the NewJeans and create a new edition', as well as the disposition of the official concerned, ▲ Official apology from the manager who said 'Ignore you' to Hanni ▲ Delete data such as videos and photos that were exposed and used without consent ▲ Identify the damage suffered by the News Jeans due to 'Pushing the Record' ▲ Resolve the dispute with Director Shin Woo-seok of the Dolphin Mobilization Team and the resulting disappearance of existing works ▲ Protect the unique color and work of New Jeans.

Meanwhile, former CEO Min notified Hive of the put option exercise earlier this month. The calculation year is 2022-2023 because former CEO Min exercised his put option earlier this month. In 2022, when Newjeans debuted, Ador's operating profit was 4 billion won in deficit, and in 2023, it turned into a surplus with 33.5 billion won in operating profit. Former CEO Min's stake is 18%, and the amount he can receive is estimated to be 26 billion won.

olzllovely@sportschosun.com

Min Hee-jin Reflects on NewJeans Journey Amid Agency Disputes

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