NewJeans also stated that, after their contract termination, they may no longer be able to use their group name going forward. In response, ADOR maintained that its agreement with

On, K-pop sensation NewJeans held an emergency press conference to announce their decision to terminate their contracts with HYBE subsidiary ADOR. The shocking announcement has sent ripples… The post NewJeans Exits HYBE’s ADOR: Here’s What Fans Need to Know appeared first on Where Is The Buzz | Breaking News,

The sudden exit of K-pop group NewJeans from ADOR has caused HYBE's market value to drop by over $423 million, according to CNBC.

Minji, Hanni, Danielle, Haerin, and Hyein – have officially announced the termination of their contracts with ADOR. This bold decision comes after the group’s emergency press conference on November 28,

"Our contracts with ADOR have ended as of Nov. 29, 2024, and the five of us will start our new activities, free from HYBE and ADOR," the members of NewJeans said in a statement on Friday afternoon.

K-pop girl group NewJeans members hold a press conference in Gangnam, southern Seoul, on Nov. 28, 2024. (Pool photo) (Yonhap) ▲ K-pop girl group NewJeans is shown in this photo provided by ADOR. (PHOTO NOT FOR SALE) (Yonhap) ADOR-NewJeans ADOR says NewJeans' contract valid until 2029 amid dispute SEOUL,

As NewJeans’ five members announce plans to terminate their exclusive contracts with ADOR and pursue independent activities, the agency has issued its official response. On November 29th, ADOR’s reply was made public,

Following CEO Min Hee Jin's resignation, NewJeans announced their exit from ADOR and HYBE, citing contract breaches. ADOR disputed the termination claims.