'I&B100', the independent label of EXO, was officially launched on the 8th, with a range of activities promised by Baekhyun, Xiumin, and Chen (CBX).
Under this label, each of their particular endeavors will be determined by mutual consultation with SM Entertainment. Hence, 'I&B100' will oversee the individual and team operations of Baekhyun, Xiumin, and Chen as 'CBX', while 'SM Entertainment' will handle their group activities as 'EXO'.
According to the independent label "I&B100," the members' sincere efforts to reach out to their fans in a more original and real way led to the creation of this new challenge. They sought continuous support for EXO and its group activities, as well as warm encouragement and support for their challenge towards change and growth.
"I&B100" intends to engage in creative projects and experiments to interact with fans in a variety of ways, as well as to bring back the musical uniqueness and color of its members. As part of this, the members will be pursuing their long-held goals of producing and producing. They also intend to demonstrate the members' previously undisclosed production abilities and expertise.
Regarding the future course of EXO's operations, SM Entertainment made a statement indicating that the group will carry on with all eight members, showcasing fresh songs and live performances. They intend to interact with fans through a variety of events, such as the April EXO fan meeting.
They stated that the exclusive contracts with members who have finished resigning are still in effect with regard to the contracts. Additionally, D.O. (Do Kyungsoo), whose contract has expired, concurred
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