did red velvet's renewal ever come up??
-
-
I've asked this question too and it would seem that had remnants of the old 10 year contracts
-
-
(aka forced to sign the 10 year SM contract that's a little bit illegal but technically not)
I was wondering the same thing...Isn't it illegal to have a K-entertainment industry surpassing 7 years? It may just have been that all members renewed and no one said a thing. But then again, I have no idea how SM contracts work...to this day, I still don't understand them...
-
-
SM is actually the reason contracts can't surpass 7 years lmao.
From what I remember, members of TVXQ sued SM because they were basically forced to sign this ridiculously long contract, and they wanted out of it. Not sure how many years but people have referred to SM contracts as slave contracts.
The courts agreed with TVXQ and made it so that contracts can't be more than 7 years, but the rumor is that SM works around that by making newly debuting idols sign a 7 year contract as well as the 3 year extension at the same time. Which means, the idol is signing 2 separate contracts, but it's pretty much locking them into SM for 10 years.
This is the reason why people suspect SM groups always "renew". They were already forced to sign on for 3 additional years before they even debuted.
-
-
Ah, the extension would make sense...I thought the extension was issued like right before the actual contract expires...? 😳
It makes me wonder if Twice only signed for an extension now
-
Yeah that's what I mean. They dropped the pretenses for it after Soshi.
Likely gonna be silent for NCT and Soshi too
-
-
Display More
SM is actually the reason contracts can't surpass 7 years lmao.
From what I remember, members of TVXQ sued SM because they were basically forced to sign this ridiculously long contract, and they wanted out of it. Not sure how many years but people have referred to SM contracts as slave contracts.
The courts agreed with TVXQ and made it so that contracts can't be more than 7 years, but the rumor is that SM works around that by making newly debuting idols sign a 7 year contract as well as the 3 year extension at the same time. Which means, the idol is signing 2 separate contracts, but it's pretty much locking them into SM for 10 years.
This is the reason why people suspect SM groups always "renew". They were already forced to sign on for 3 additional years before they even debuted.
Oh, I heard about something like that and how that group is one of the longest standing ones in KPOP. But yeah, that's crazy...and the user before you told me about the extension as well but that's so strange...
SM's contracts have always been really strange and if the 3 year extension thing is true, then they really broke the system without breaking the rules, huh?
Evil geniuses...
-
-
Yeah that's what I mean. They dropped the pretenses for it after Soshi.
Likely gonna be silent for NCT and Soshi too
I think shinee confirmed they were renewing at the 7 year mark. Not sure what’s really true lol. I’d actually assume RV signed back tbh since they didn’t mention anything
With EXO we knew 2022 was their contract year because we saw Kris/luhan/Tao’s contract stipulations when they left lol. And exo later confirmed it.
-
-
-
Yeah, exactly...it's really sad to think about...but it's the sad reality 😞
-
Participate now!
Don’t have an account yet? Register yourself now and be a part of our community!
