EXO has another 3 years left in BC, the crowd discussed the slave contract - The Length of EXO's Contract Period with SM Entertainment Apparently Becomes a Netter Talk on a Pann Online Community Site Where Some of Them Are Surprised.
Chen became EXO's first member who officially debuted solo in Korea. The 1992-born singer released her first mini album titled "April, and a Flower" which was released last April 1.
Chen was a guest star on the "Radio Star" program aired by MBC on Wednesday (10/4). Here, the owner of Kim Jongdae's full name revealed EXO's contract period with SM Entertainment.
Debuted in 2012, all EXO members signed a 10-year contract with SM. That is, there is still a period of 3 years before their contracts expire, namely in the coming 2022.
"Everything is the same," Chen said. "Actually there is some time left in our contract. About three years. We still have time, so I want to spend that time happily doing what I want to do. I have no problem with our contract."
The length of EXO's contract with SM Entertainment seems to be the talk of the netter on the online community site. Some netizens were surprised to know the length of the contract period considering the idol group contract with an agency is generally 7 years.
"It's good they have a profit sharing plan for singers who want to renew the contract but the singer who signed the 10-year contract didn't get that much," commented netter. "This is really a slave contract right? Isn't the standard contract 7 years?" said the other netter.
"I know the EXO contract is 10 years, but I know that they changed it to 7 years because it's the standard. I think this is an EXO contract and they changed the rules after that, but this is not certain," said Netter "They make a lot of money and live comfortably. Why do people call this a slave contract?" another comment.
"All fans know their contract is 10 years, but people make jokes about breaking up hahaha. They are really funny," said Netter. "So what are you doing about the D.O article (about him not extending the contract which was later denied by SM) that suddenly appeared?" added another.
Source: wowkeren.com
Chen became EXO's first member who officially debuted solo in Korea. The 1992-born singer released her first mini album titled "April, and a Flower" which was released last April 1.
Chen was a guest star on the "Radio Star" program aired by MBC on Wednesday (10/4). Here, the owner of Kim Jongdae's full name revealed EXO's contract period with SM Entertainment.
Debuted in 2012, all EXO members signed a 10-year contract with SM. That is, there is still a period of 3 years before their contracts expire, namely in the coming 2022.
"Everything is the same," Chen said. "Actually there is some time left in our contract. About three years. We still have time, so I want to spend that time happily doing what I want to do. I have no problem with our contract."
The length of EXO's contract with SM Entertainment seems to be the talk of the netter on the online community site. Some netizens were surprised to know the length of the contract period considering the idol group contract with an agency is generally 7 years.
Pann
"It's good they have a profit sharing plan for singers who want to renew the contract but the singer who signed the 10-year contract didn't get that much," commented netter. "This is really a slave contract right? Isn't the standard contract 7 years?" said the other netter.
"I know the EXO contract is 10 years, but I know that they changed it to 7 years because it's the standard. I think this is an EXO contract and they changed the rules after that, but this is not certain," said Netter "They make a lot of money and live comfortably. Why do people call this a slave contract?" another comment.
"All fans know their contract is 10 years, but people make jokes about breaking up hahaha. They are really funny," said Netter. "So what are you doing about the D.O article (about him not extending the contract which was later denied by SM) that suddenly appeared?" added another.
Source: wowkeren.com
