SOURCE: 태민, 사비로 스태프 월급 지불…차가원과 계약 해지 '신뢰 파탄' 원인이었나 [엑's 이슈]
It has been revealed that Taemin paid some staff members’ monthly salaries with his own money. Amid this, there are claims that 'breakdown of trust' was the reason behind his split with CEO Cha Gawon.
On the 24th, Big Planet Made shared an official statement saying, "We inform you that our exclusive contract with Taemin has ended. We ask for your continued support and interest in his future activities."
With this, their short 1-year and 10-months journey came to an end. According to the music industry, there was still time remaining on Taemin’s exclusive contract with Big Planet Made. However, it is reported that Taemin strongly requested termination of the contract, and after discussions, both sides agreed to part ways.
Taemin’s side has not disclosed specific reasons for the separation. However, some media reports claim that CEO Cha Gawon failed to settle payments and committed a major mistake in the process of signing contracts with external companies without Taemin's consent. Reports further claim that Taemin used his own money to pay some staff members so he could keep working with them. As a result, many believe that 'breakdown of trust' caused by money issues was the main reason for the split.
CEO Cha Gawon, who leads One Hundred, Big Planet Made Entertainment, and INB100 recently has been suspected of failing to pay tens of billions of KRW to various companies involved in album production for their artists. Coincidentally, after transferring to Big Planet Made in March 2024, Taemin released his 5th mini-album, ETERNAL, that same year. However, last year he only released a special single 'Veil' rather than a physical album. Some have speculated that unpaid production costs may be the reason the album production did not go smoothly.
Additionally, there were reports that CEO Cha Gawon purchased multiple luxury items on credit from a department store and failed to pay for them, resulting to a legal freeze of a villa she owns in Hannam-dong. Regarding this, Cha Gawon's side stated, "The report contains incorrect facts and could hurt the reputation of the company and individuals," but doubts continue to grow as money problems are constantly mentioned.
Meanwhile, Big Planet Made Entertainment is a subsidiary of One Hundred, which CEO Cha Gawon and MC Mong founded in December 2023. Artists under this label include Lee Seunggi, Lee Soogeun, Lee Mujin, Ha Sungwoon, NU'EST's Ren, and VIVIZ's Eunha, SinB, and Umji.
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