EXO-CBX and SM Entertainment were unable to reach a compromise in their ongoing legal disputes.
The 15th Civil Division of the Seoul Eastern District Court, presided over by Judge Cho Yong Rae, held the first mediation session on September 23 regarding SM’s lawsuit against EXO-CBX for contract fulfillment. The court also reviewed EXO-CBX’s claim for unpaid settlements.
The private mediation lasted approximately 30 minutes and was attended only by the legal representatives of both parties. No agreement was reached. The court has scheduled the second mediation session for October 10.
In June 2023, EXO-CBX formally notified SM of their intention to terminate their exclusive contract, citing SM’s failure to provide accurate settlement data. They also filed a complaint with the Korea Fair Trade Commission.
Subsequently, the two sides agreed to maintain the exclusive contract for group activities with EXO, while EXO-CBX decided to pursue individual activities under their new agency, INB100. However, in April of last year, SM filed a lawsuit against EXO-CBX, alleging that EXO-CBX failed to pay 10% of earnings from individual activities as previously agreed.
EXO-CBX countered with a lawsuit of their own, seeking legal resolution on the settlement dispute. On October 1, the court consolidated both lawsuits and referred them to the mediation process.
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