In this file photo, the five members of K-pop girl group NewJeans attend a press conference in Seoul on Nov. 28, 2024, to announce a decision to terminate their exclusive contracts with ADOR.
Ador argued that NewJeans' success was due to parent company HYBE's full support. "Ador received a total investment of 21 billion won ($14.5 million) from HYBE in two rounds (for NewJeans’ debut).