“Trust me and I trust you.” – Baekhyun
On August 8, 2023 at 3 A.M. KST, Baekhyun went on his personal Instagram and held a livestream to clarify rumors surrounding him about his contract with SM Ent. that were being made online.
One of the things he had revealed in his live was that he had founded a company named “One Signature” with his friend and EXO’s choreographer, Kasper. He said, “It’s a company I started with my friend Kasper at the thought of wanting to grow many good choreographers and dancers. It has yet to be made concrete, but I am researching a lot and trying different things to make good results with good purpose.” He also said that “One Signature” isn’t the final name of the company.
Towards the end of the live, Baekhyun apologized to EXO’s fans for making them go through a difficult time and stood firm about not tolerating those who are spreading malicious rumors. He had also said that SM Entertainment was in full support of his new endeavor. Baekhyun also hoped that his sincerity was “conveyed at least slightly.”
However, a day after Baekhyun’s live, SM Entertainment refuted Baekhyun’s claims and answered some questions that were still being asked about their resolved dispute with EXO’s Chen, Baekhyun, and Xiumin, and Baekhyun’s new album.
Their full statement is as reads (Soompi’s translation):
“1. Is [SM’s] contract with Chen, Baekhyun, and Xiumin ending?
- Their existing contract [with SM] has not expired. In Baekhyun’s case, his contract runs until January of next year.
- We have also been preparing a solo album for Baekhyun, with the goal of a release within the year.
- Their new contract is also valid. As was previously reported, part of the contract was amended through mutual agreement.
2. Why did SM come to an agreement with Chen, Baekhyun, and Xiumin?
- As we previously announced, we came to an agreement in order to preserve the group EXO and all of its members, and above all else, for the sake of the fans.
- As you are well aware, at the time, EXO was releasing a new album as a full group. If the dispute had continued, it would have been difficult to normally promote the album that all of the EXO members had worked hard on, and the future of EXO’s group activities would have become unclear, so we came to an agreement for the sake of the members’ activities as a full group.
3. Following the end of their exclusive contracts, will Chen, Baekhyun, and Xiumin only be pursuing individual activities through their own corporation?
- As we previously stated, our new exclusive contract [with the members] is valid, and EXO will continue their group activities.
- We cannot reveal the concrete details of their payment structure, but according to the agreement they made with our company, we made it possible for Chen, Baekhyun, and Xiumin to also pursue individual activities.
4. Was the company aware of Baekhyun’s new corporation called One Signature?
- Our company had never heard anything about this before, and we learned about it through the news.
- Although we are flustered [by the sudden news], we trust that [Baekhyun] will keep the promises he made during our mutual agreement.
- EXO-Ls still rally behind Baekhyun regardless of whatever SM Entertainment says, as this was the first time he (Baekhyun) had addressed something serious on his own.”
EXO-Ls still rally behind Baekhyun regardless of whatever SM Entertainment says, as this was the first time he (Baekhyun) had addressed something serious on his own.
remember to always believe on baekhyun's words only pic.twitter.com/ILjzfRKKI3
— ☁ (@wordsbybbh) August 9, 2023
We Love You Baekhyun pic.twitter.com/m4m75X0XEt
— ♡ (@BBHLOOK__) August 9, 2023
WHY are y'all panicking???? baekhyun literally said not even 48 hours ago that the media will be spreading lies and rumors and not to trust any of it.
HE came on instagram live to tell us in person what was happening. why would you believe anything that isn't coming from him???
— . (@bucheonsbabe) August 9, 2023
sm saying baekhyun will release a solo album this year, still under sm, even though baekhyun said himself on live 2 days ago that he didn’t feel like he was in the right mindset to release an album rn and it would be too hard / burdensome for him……. :/
— sally (@baekluvrs) August 9, 2023
these twitter posts announcing exo things and articles are so funny bc there are enough pics of them looking professional but its always
“baekhyun of exo has announced his own company” and then BOOM two of the most cunty pictures side by side pic.twitter.com/LlE6J1Rq1Q
— dew (@jonginsfilm) August 9, 2023
Chanbaek, 2017
BBH: Don't be misled by the words you saw on internet
PCY: We've agreed to only trust baekhyun's words! pic.twitter.com/FfUcgreY2H— Zoro's darling 🇵🇸 (@chanbluesky) August 9, 2023
SM released a statement saying that Baekhyun’s album is prepared to release this year, but Baekhyun said that his album is not ready yet. SM is making empty promises to create disappointment among fans… and he’ll have to suffer again because of SM…
— Nivi 😊 (@CUTEYLOEY) August 9, 2023
if baekhyun went on live at 3am for clarifying stuff thats because he knew abt all of this for sure…. y’all are not smart at all for believing random articles and not baekhyun 😭
— ً (@bbhloeys) August 9, 2023
your reassuring words, your courage, your honesty, your determination to prove over and over again you’re someone worth the trust.
i admire you and i will stand by you, baekhyun.
i trust you. i love you. pic.twitter.com/iOmQ4hBz3r— fran (@dalbyunee) August 9, 2023
Baekhyun about those who spread fake rumors about him and exo members:
"Listen to me carefully,that there will be no mercy because i don't want fans to get hurt anymore i don't want to ruin you my group name and i don't want the members to get hurt."pic.twitter.com/1JppjFThh1
— eri💎 (@sak__il9) August 7, 2023
“a company that values your opinion and communicates a lot” baekhyun is going to do everything that sm were not willing to do pic.twitter.com/XgnWUTRMus
— I&B100?? (@sbbhrina) August 7, 2023
I'm really tired Baekhyun said don't believe anything he doesn't say but you keep spreading rumors as usual without respecting his words, will you be happy like this? Please stop this and spreading lies it's becoming unbearable
— ♡ (@BBHLOOK__) August 9, 2023
Trust Baekhyun and the EXOs words only no matter what ^^
— 🍓AURA🌹큥됴 ♡ (@HeavenlyBaekSoo) August 9, 2023
if there's million ppl hate SM, me one of them
if there's thousand ppl hate SM, me still one of them
if there's hundred ppl hate SM, of course it's me one of them
if only two people hate SM, it's clearly me and baekhyun pic.twitter.com/Hk2Bt2v5Wd— pinoy (@puppiesbreads) August 9, 2023
I love you. I will always support you. My favorite person, Byun Baekhyun. 🤍 pic.twitter.com/Oz64wC3FYx
— C ⭐️ (@chanbaek_knows) August 8, 2023
not at SM releasing a statement contradictive with what Baekhyun has shared to us during his insta live.. such BS
┏┓
┃┃╱╲ in
┃╱╱╲╲ this
╱╱╭╮╲╲house
▔▏┗┛▕▔ we
╱▔▔▔▔▔▔▔▔╲
ONLY TRUST EXO
╱╱┏┳┓╭╮┏┳┓ ╲╲
▔▏┗┻┛┃┃┗┻┛▕▔ https://t.co/dLcPbRtBSs— 🐧🐯 (@CHANSOOperior) August 9, 2023
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