One Hundred Label denied allegations by nine THE BOYZ members that settlement payments were not made, saying it paid industry-leading advance payments.
On the 22nd, One Hundred Label issued an official press release saying "the agency One Hundred Label (hereinafter 'the company'), the agency of the group THE BOYZ, states that the artists' claims regarding the recent provisional injunction to suspend the effect of exclusive contracts filed by some members and the criminal complaint accusing the company's CEO of embezzlement fundamentally distort the essence of the matter," it said.
One Hundred Label said "the company has already paid exclusive contract payments of 1.5 billion won per person, totaling 16.5 billion won, to all 11 THE BOYZ members. The company made this decision so that the artists could focus solely on their activities in a stable environment without being swayed by financial temptation. The amount paid to the nine members participating in this lawsuit alone totals 13.5 billion won," it said.
It went on, "the total unpaid settlement amount claimed by the members is nearly 10 times the 13.5 billion won the company has already advanced, so the unpaid settlement amount is only a part. The contract payments the company made are advance payments that are deducted from future revenue. If the exclusive contract is terminated as the artists claim, by the nature of an advance payment the amount proportional to the remaining contract period must be returned to the company. Even after subtracting the unpaid amounts the members claim, the members have still taken an estimated 11.8 billion won in gains in advance," adding, "the members' social media posts and their legal representatives' claims that 'we received nothing' or 'settlements were not made' are a clear distortion of facts that misleads public opinion."
It also said the reason it could not immediately pay settlement money with the secured funds was "because the artists' legal representatives' malicious media play raised concerns that the large advance payments (exclusive contract payments) already made might not be recoverable," and "the company has faithfully fulfilled its settlement obligations to preserve trust with the artists, but the legal representatives' fact distortion and the false embezzlement complaint against the CEO are seriously obstructing the company's legitimate fund management. If the artists acknowledge receipt of exclusive contract payments (advance payments) on the premise of maintaining exclusive contracts, the company will immediately pay the secured settlement funds."
It added, "we deeply regret the behavior of attacking the company while claiming 'we received nothing' after receiving tens of billions of won in advance payments (exclusive contract payments) and settlement payments for the first and second quarters of 2025. The company will reveal all truths it has endured in the name of protecting the artists clearly in court," and expressed a firm intention to "fight to the end to protect the company's honor and the artists."
Meanwhile, THE BOYZ members Sangyeon, Jacob, Younghoon, Hyeonjae, Juyeon, Kevin, Q, Sunwoo, and Eric recently notified One Hundred Label of termination of their exclusive contracts and are pursuing legal action. They claimed, "the agency did not pay the artists proper settlement payments for all activities from July 2025 onward after paying settlement money for the second quarter of 2025. In addition, despite repeated requests by the artists to inspect basic documents such as the contract to confirm settlement transparency, the agency refused without justifiable reason, abandoning the basic and essential duties of a management company under the exclusive contract."
Below is the full text of One Hundred Label's statement.
One Hundred Label, the agency of the group THE BOYZ, announced the following official position, stating that the artists' claims regarding the recent provisional injunction to suspend the effect of exclusive contracts filed by some members and the criminal complaint accusing the company's CEO of embezzlement fundamentally distort the essence of the matter.
1. completed payment of extraordinary exclusive contract payments of 1.5 billion won per person, totaling 16.5 billion won
The company has already paid exclusive contract payments of 1.5 billion won per person, totaling 16.5 billion won, to all 11 THE BOYZ members.
This is a huge sum that ordinary citizens are unlikely to encounter in their lifetimes and is a level that places a significant burden on the company's finances.
The company made this decision so that the artists could focus solely on their activities in a stable environment without being swayed by financial temptation.
In particular, the amount paid to the nine members participating in this lawsuit alone totals 13.5 billion won.
2. "a level that destroyed industry common sense" ... more than 10 times the consideration compared with other artists
The contract payments the company provided far exceed industry norms when considering the artists' careers and recognition.
If the purpose had been simply to induce contract signing, an appropriate range would have been around 100 million to 300 million won, but the company set an amount more than 10 times that.
It was such wholehearted support that even other agencies and industry experts expressed concern, saying, "any price over 700 million won is an insane price that will certainly cause losses."
It even accepted and offered the amount to conclude the contract in order to protect the artists' activities, after understanding and tolerating the false claim that another company had offered 2 billion won during the exclusive contract signing process.
3. contradiction in claims of unpaid settlements: members are actually in a position to "return" money
The total unpaid settlement amount claimed by the members is nearly 10 times the 13.5 billion won the company has already advanced, so the unpaid settlement amount is only a part.
The contract payments the company made are advance payments that are deducted from future revenue.
If the exclusive contract is terminated as the artists claim, by the nature of an advance payment the amount proportional to the remaining contract period must be returned to the company.
Even after subtracting the unpaid amounts the members claim, the members have still taken an estimated 11.8 billion won in gains in advance.
Raising only some settlement issues while ignoring this essence is clearly misleading public opinion.
Therefore, the members' social media posts and their legal representatives' claims that "we received nothing" or "settlements were not made" are a clear distortion of facts that misleads public opinion.
4. reason for withholding payment of settlement money with secured funds: countermeasure against malicious media play
The reason the company could not immediately pay settlement money with the secured funds was that the artists' legal representatives' malicious media play raised concerns that the large advance payments (exclusive contract payments) already made might not be recoverable.
The company has faithfully fulfilled its settlement obligations to preserve trust with the artists, but the legal representatives' fact distortion and the false embezzlement complaint against the CEO are seriously obstructing the corporations' legitimate fund management.
The artists' legal representatives said on March 16, 2026, "if the company does not demand return of the exclusive contract payments (advance payments), under the major premise of mutually and amicably terminating the agreement and allowing THE BOYZ to carry on activities normally, they are willing to forgo the unpaid settlement money to date."
If the artists acknowledge receipt of the exclusive contract payments (advance payments) on the premise of maintaining exclusive contracts, the company will immediately pay the secured settlement funds.
We deeply regret the behavior of attacking the company while claiming 'we received nothing' after receiving tens of billions of won in advance payments (exclusive contract payments) and settlement payments for the first and second quarters of 2025. The company will reveal all truths it has endured in the name of protecting the artists clearly in court. The company will fight to the end to protect its honor and the artists.
[photo] One Hundred Label, OSEN DB
[OSEN]