Feb 12 • 10:34 UTC 🇰🇷 Korea Hankyoreh (KR)

Min Hee-jin, who won the lawsuit on put options, asserts, 'I will be a strong support for creators and artists'

Min Hee-jin, head of OK Records, expressed gratitude for the court's ruling in her favor regarding put options, emphasizing her commitment to support creators and the K-pop industry.

On December 12, Min Hee-jin, the head of OK Records and former leader of Ador, celebrated her victory in a trial regarding put options (stock purchase rights). In her statement, she expressed heartfelt gratitude to the judiciary for delivering a fair ruling. She highlighted the importance of the court's decision in affirming the legitimacy of shareholder contracts, hoping it would usher in positive changes within the K-pop industry. By emphasizing the significance of contracts and promises, she aims to advocate for the rights of creators in the sector.

Reflecting on the two-year conflict with HYBE, Min described her journey as valuable. Despite her relentless efforts prior to the dispute, she noted that she did not fully enjoy her work, but ironically realized her love for the industry through the challenges she faced. With a focus on moving past emotional conflicts with HYBE, she expressed a desire for collaboration to create a healthier environment for the industry, also extending her apologies for any distress caused to fans during the dispute. She acknowledged the support of fans, which helped her persevere through the difficulties and ultimately validate her position.

Looking ahead, Min stated her intention to return to her core mission not to compete against others but to inspire everyone and foster new cultural developments. Through OK Records, she plans to bring her long-cherished ideas to fruition. She concluded with a promise to be a strong support system for fellow creators and artists, vowing to deliver surprising music and performances in the future.

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