Ador, the management agency of NewJeans, has rejected the group’s abrupt announcement of contract termination, asserting that their exclusive agreement remains valid until July 31, 2029. The K-pop label’s response came after NewJeans held a press conference Thursday to reveal their decision,

What’s next for NewJeans after their departure from ADOR? From new labels to going independent, here are some possible theories we explored.

Following their contract termination with ADOR, NewJeans will be supported by their parents for future decisions.

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,

This is the latest salvo in an ongoing battle between former NewJeans producer (and former ADOR CEO) Min Hee-Jin and HYBE chairman Bang Si-hyuk. From HYBE’s perspective, Min tried to do a hostile takeover of ADOR.

Earlier this month NewJeans demanded that their label Ador address a list of grievances. It having failed to do so, the K-pop group says their deal with the company has been terminated. Unsurprisingly,

NewJeans has publicly disclosed ADOR's response to their certification of contents. On November 29, NewJeans' media representative released the full

NewJeans' members announced the termination of their exclusive contracts with Ador Thursday, citing breaches of contract by the agency.

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.

After NewJeans announced contract termination with ADOR, a big financial blow hits HYBE, amounting to almost half a billion dollars.