SM Entertainment reaches agreement with Wu Yifan and Luhan

SM Entertainment reaches agreement with Wu Yifan and Luhan

Share on FacebookShare on TwitterAfter a longerlength of negotiations, SM Entertainment has after all reached a agreement amongst former EXO members Wu Yifan and Luhan

The two singers had firstly attempted to terminate their contract with SM Entertainment at the grounds of unfair financialreimbursement and loss of artist controlvia the agency. After many long months of arbitration and negotiation, however, Wu Yifan and Luhan have agreed to SM Entertainments terms.

According to reports, whilstthey are going tono longer exist returning to EXO, their contracts with SM Entertainment will be maintained till 2022, and will therefore need to share their in any other countrysource of revenue with the agency. Upon hearing the news, many Korean lovers accept rejoiced, congratulating the firm on achieving a right kind settlement.

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