“Min Hee-jin, I was coached by a shaman to manage my business” “The bastards are trying to kill me.”

Hive and Min Hee-jin enter into legal battle Min Hee-jin responds to Hive’s “Hive complaint” filed three days after the auditor

On the 25th, Hive, Korea’s largest music agency, filed a complaint with Yongsan Police Station in Seoul against CEO Min Hee-jin and Vice-CEO A of Adore, a label affiliated with the girl group New Genes, on charges of breach of trust. It has been three days since an audit of Adore was launched, saying, “There is an attempt to seize management rights.” Adore CEO Min held a press conference that day and announced his intention to launch a countersuit, saying, “We never intended or implemented any plan to usurp management rights.” The headquarters and subsidiaries of a global music agency have entered into a fierce legal battle.

● Hive “Securing physical evidence” vs. Min Hee-jin “It’s just an office worker’s complaint”

On this day, both sides engaged in a fierce battle over the truth. At around 10 a.m., Hive issued a press release saying, “During the investigation, one of the audit subjects submitted information assets containing plans to seize management rights and contacts with external investors as evidence, and also admitted to writing documents to attack Hive for this purpose.” He continued, “There was a detailed discussion (among Adore executives) on how to terminate the exclusive contract with the artist early and how to invalidate the contract between the Adore CEO and Hive.” At the same time, Adore executives also released a screenshot of the conversation, saying it was a KakaoTalk conversation they had on the 4th. Mr. A, whom Hive designated as the vice-president of Adore, wrote, ‘△Advised Hive to sell Adore △Sold at an appropriate price △CEO Min is the CEO of Adore + acquired shares of Adore with cash out money.’ Mr. B, who Hive described as CEO Min, responded, “Awesome.”

Adore CEO Min held a press conference at the Korea Conference Center in Seocho-gu, Seoul at 3 p.m. on this day, five hours after Hive’s statement, and expressed his position for 135 minutes. Representative Min said, “I have never planned or executed a usurpation of management rights,” and added, “It was a rare skit in which Hive forensically took the contents of the KakaoTalk conversation between Vice President A and I, obtained a portion of it, and then talked about various circumstances.” He also said, “It’s just a complaint shared while working,” and “It can’t be a breach of trust.” Even though it was an official appearance, CEO Min poured out profanity towards high-ranking Hive officials such as “Si He said, “Those bastards captured all kinds of KakaoTalk messages in a mean-spirited way, saying they were going to kill me.”

● There is also controversy over ‘witchcraft management’ in the management of idol companies.

A controversy over ‘magic management’ also arose. Hive released the transcript of a conversation between CEO Min and a shaman obtained through forensics and claimed to have captured the circumstances in which CEO Min carried out ‘shamanistic management’ under the coaching of a shaman. Hive disclosed the actual content of the conversation and the name of the shaman, and according to this, CEO Min discussed matters related to Adore management as well as Hive-related matters with a female shaman named ‘XX 0814’. Additionally, when CEO Min asked, “Should BTS go to the military or not?” the shaman responded, “I will go.” About 20 minutes before his press conference, CEO Min said that Hive had disclosed private conversations between him and a shaman, calling it “a private temple” and “I will sue Hive.” Representative Min said, “I wonder why Hive is trying to kick me out, saying that I am a shaman. This is an acquaintance of mine, but he is a shaman. “Can’t a person who is a shaman be considered an acquaintance?” he asked. He continued, “We have never implemented usurpation of management rights. I am a salaried boss and an office worker. “I don’t know why the salary boss worked so hard to create trouble,” he said. “Hive used me enough to use me.” I think of it as a snap-and-click frame. He argued, “Isn’t it a breach of trust to vote for me, who is helping shareholders?”

● ‘Attempted independence three years ago’ ‘Report filed after three days of audit’

Hive said that it believes that Adore management has been attempting to seize management rights since 3 years ago, given that CEO Min has been receiving and implementing advice on management issues from shamans since 2021. Considering that Representative Min took office as Representative Adoor in November 2021, it is said that he sought independence from the beginning of his inauguration.

Hive side claimed, “In fact, the time when CEO Min moved in earnest to seize management rights coincides with the time when the shaman coached him,” and “CEO Min also discussed with the shaman the timing of selling the Hive stocks he owned.” According to the transcript obtained by Hive, in 2021, the shaman gave CEO Min advice such as ‘Bring the company over in 3 years’, and CEO Min suggested a plan to establish a joint venture, stock options, and a plan to establish a new label. It was reviewed by a shaman.

Hive secured a lot of evidence related to the ‘intent to seize management rights’ from Vice President Adore’s computer obtained through an audit. The fact that a complaint was filed with the police three days after the audit showed that there was sufficient evidence. Hive CEO Park Ji-won also stated, “The incident has been concluded.” Hive had previously launched an audit on the 22nd and requested CEO Min’s resignation, claiming that he had conspired to illegally become independent from the headquarters by taking New Genes with Adore management and to take over management rights.

Reporter Kim Min [email protected]
Reporter Lee Ji-yoon [email protected]