In a joint statement released on Monday, June 19, SM Entertainment and EXO’s Chen, Baekhyun, and Xiumin announced that the three artists have agreed to stay with the agency after resolving their misunderstandings.
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The statement said that the three artists and SM Entertainment had “thoroughly discussed the matter” and had reached a “mutually amicable agreement.” The statement did not specify what the misunderstandings were, but it said that the three artists were “open-minded” and “understood” SM Entertainment’s position on artist contracts.

As part of the agreement, the three artists will continue participating in EXO activities following necessary revisions in their contracts. The statement said that SM Entertainment and the three artists “promised to further solidify their relationship in the future by going through a process of mutually equal discussions and corrections.”

The news of Chen, Baekhyun, and Xiumin staying with SM Entertainment is a relief to fans of the group, who were concerned about the future of EXO after the artists filed for contract termination in June. The three artists are all core members of EXO, and their departure would have been a major blow to the group.
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