📢 [IMPORTANT] As everyone knows, certain individuals, are running an organized defamation campaign against Baekhyun and CBX. They spread lies, twist narratives, and resort to character assassination, all while inserting themselves and the group into an issue that has nothing to do with them. Frankly, this behavior borders on criminal. Enough is enough.
With that being said, we appeal to fans: we all have our own free will, and we are old enough and smart enough to research and make our own discernment. Read both sides before drawing conclusions, instead of blindly following so‑called "hero fans" who hide behind malicious accounts and claim they alone hold the truth.
📌 Summary of PD Notebook Report
• In PD Notebook (0:30), tax accountant Yang Eun-jin said advance payments are for future projects (albums, tours, etc.), given by distributors or organizers to secure rights to upcoming activities.
• Investors don’t give billions of won based on old records; they pay advances through contracts for future activities (such as concerts and tours).
• The PD Notebook investigation raised different issues:
- Testimony from individuals linked to 100RED, INB100, BPM, and related entities alleged that funds meant for future activities using artists’ IP were not fully used as intended.
- Large amounts were reportedly diverted to the chairman’s personal account.
- Partner companies reportedly didn’t get enough funds to operate normally.
❗️ This has nothing to do with EXO, current members, or SM Entertainment.
• CBX vs SM dispute was about transparency of past earnings and access to their individual settlement data.
• In both disputes, the artists are victims, and that fact must not be ignored.
📌Please refrain from making uneducated assumptions
x.com/Boboholes2025/status/2…
In PD Notebook (), tax accountant Yang Eun-jin explains that advance payments are tied to future projects such as albums, tours, etc. The program states these funds are provided by distributors and organizers to secure rights to upcoming activities.
CBX's dispute with SM concerned access to settlement data and transparency of past earnings.
Investors do not provide billions of won based on a stack of historical internal settlement sheets from a previous agency. They pay advances based on binding contracts for future deliverables that the current entity is legally responsible for producing.
The actual allegations raised in the PD Notebook investigation concern something else entirely.
Testimony from individuals associated with 100RED, INB100, BPM and related entities claimed that funds secured for future activities using artists’ IP were allegedly not fully used for those activities.
Instead, substantial amounts were reportedly routed to the chairman’s personal account, and affiliated companies allegedly did not receive sufficient funds to operate normally.
This has nothing to do with EXO, current members, or SM Entertainment. The artists involved are victims in both cases. This should not be overlooked.