In a recent Instagram live broadcast, Baekhyun from EXO addressed ongoing rumors and shed light on his plans for the future. The talented singer and actor began by discussing his past dispute with SM Entertainment over his exclusive contract. He expressed his long-standing curiosity about contract-related matters and attributed his interest to various circumstances, including Lee Soo Man’s absence. Baekhyun revealed, “I wanted to personally check myself because during the two years I was serving in the military, I worked hard on vocal lessons, gave a lot of opinions after my military service ended on how we can release an album for our fans who waited two years, and I took personal time to myself, so what happened then was like a bolt from the blue.”
Baekhyun then introduced his new venture, One Signature, a company he started with his friend Kasper. He explained that the company aims to nurture and develop talented choreographers and dancers. While the name is still in flux, Baekhyun is committed to achieving meaningful results through his company’s endeavors. Addressing the rumors of a substantial loan and his alleged connection to Chairman “C,” Baekhyun clarified that he took out a loan to ensure he maintains a strong work ethic while managing his company. He clarified, “I haven’t received this house. I am paying all the loans. I am not in an inappropriate relationship with Chairman ‘C.'”
Baekhyun’s journey in the entertainment industry has been eventful. A member of EXO and its sub-units EXO-K and EXO-CBX, he made his solo debut with the mini-album “City Lights” on July 10, 2019. Baekhyun, along with Xiumin and Chen, recently took legal action against SM Entertainment, citing issues with long-term contracts and lack of transparency. Despite initial claims by the company, a partial contract revision was eventually confirmed, allowing the trio to continue their involvement in EXO activities. With his new company, One Signature, Baekhyun aims to contribute to the growth and development of dancers and choreographers, marking a new chapter in his multifaceted career. Fans eagerly await his future endeavors and creative contributions.