Information was confirmed by Baekhyun live after rumors started circulating on the internet
After rumors surfaced online that Baekhyunfrom EXO, is reportedly planning to found his own company with the choreographer and dancer kasper, the idol held an Instagram live to clarify the situation to fans. On the broadcast, he said that the rumor is true, but that it won’t make him leave EXO or SM Entertainment, as reported by allkpop.
I will run my company but I will stay with SM and continue to promote with EXO members. I’m going to establish my own company, and if I don’t become complacent and I’m able to produce satisfying results, I shouldn’t be satisfied (but work harder),” stated the idol.
In the same chat with fans, he referred to the company as One Signature, in addition to having revealed that he did not want to break the news to the fandom at that time and in that way. He also reinforced that this will not be the official name of the agency, as well as explaining why he decided to found it with the help of his friend kasper.
It’s a company I started with my friend Kasper with the thought of wanting to develop a lot of good choreographers and dancers. It’s not done yet, but I’m researching a lot and trying different things to make good results with good purpose.”
On the live, he also clarified doubts about the recent dispute with SM Entertainment, established in June of this year, when he and his groupmates, Chen It is Xiumin, sent a notice to the agency announcing the end of their exclusive contracts by accusing the company of late payments and unreasonable agreements. However, the process was finalized with all idols remaining with their current SM contracts.
“Honestly, I’ve been curious about agreements and contract-related issues for a long time. In between, we were faced with various situations due to Lee Soo Man’s absence, and I think that made me more curious. I thought I wanted to check myself in person because during the two years I served in the military, I worked hard in vocal lessons, I gave a lot of opinions after my military service ended about how we can release an album to our fans who waited two years, and I took personal time for me, so what happened then was like a bolt from the blue.”
See full statements from Baekhyun in the thread below!
Source: Recreio
