SM Entertainment are taking heavy legal action against former EXO member Kris Wu for his solo activities in China.
Today, July 31, the Seoul-based agency revealed that they have filed an official lawsuit against the 24-year-old boy band star saying, “Kris breached the agreements with SM and EXO by illegally using the popularity he gained from EXO activities to participate in various films, commercials, award ceremonies and more.”
The EXO-M idol left the band in May 2014 and headed straight to his homeland China as well as firing off a lawsuit against his agency for unfair contract terms and demanding contract nullification. (He is reported to be bound by a 10-year contract with the agency).
While the dispute has since been ongoing, SM says, “Until the courts deliver a final verdict, the agreements between SM and Kris continue to remain in force. All unauthorized activities in business, commercial modeling and filming, among other celebrity activities, during the contract period are illegal actions that are clear breaches to the contract, hence the perpetrator will receive full legal accountability for it.”
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In June it was revealed by Forbes China that Wu had earned a spot on their annual celebrity rich list, with earnings of $42.6 million USD thanks to his advertising endorsements and movie roles.
SM Entertainment make it clear in their statements that they are hellbent on claiming major payback from Kris’ post-EXO career. The case continues.