![](https://www.allkpop.com/upload/2023/08/content/090607/1691575667-20230809-baekhyun.jpg)
SM Leisure denied being conscious of EXO Baekhyun’s new label.
On August 9, SM Leisure responded to reviews they had been supportive of Baekhyun’s new label as he himself said in a dwell stream. SME said, “We had not heard something and realized about it by the information. We’re bowled over, however we now have religion he’ll hold the settlement we made.”
SM Leisure additionally addressed EXO-CBX‘ (Chen, Baekhyun, Xiumin) contracts, clarifying, “The contract in place has but to run out. In Baekhyun’s case, his contract runs till January of subsequent 12 months.” The label continued, “As we talked about in earlier statements, the members’ contracts have been amended. As we additionally beforehand revealed, we negotiated with the followers’ curiosity in consideration first. As you recognize, EXO had been getting ready for a brand new album on the time. If the authorized feud continued, we felt we would not be capable to promote the album the members labored so exhausting for, and the way forward for EXO’s group promotions can be cloudy. That is why we negotiated for the sake of the group’s future promotions.”
Keep tuned for updates.