After a long wait, BTOB has finally made a decision about their contracts. All members of the idol group have decided not to renew their exclusive contracts with CUBE Entertainment. However, it has not yet been disclosed whether the group will continue to promote together with different companies.
CUBE Entertainment Confirm BTOB’s Departure
On November 6th, CUBE Entertainment disclosed that their longstanding contract with BTOB has reached its conclusion. After 11 years of collaboration, both parties have amicably decided not to renew the contract, marking the end of an era for BTOB’s journey under the agency.
“We discussed carefully with the members for a long time ahead of the expiration of our second exclusive contract with BTOB, and we made a mutual agreement to not renew our contract,” the statement read.
“With this, CUBE Entertainment and BTOB members Seo Eunkwang, Lee Minhyuk, Lee Changsub, Lim Hyunsik, Peniel, and Yuk Sungjae are wrapping up our 11-year work relationship,” it continued.
The company also expressed their appreciation for BTOB’s fans.
“We would like to thank BTOB for their proud achievements as a member of CUBE Entertainment for a long time, and we thank their fans MELODY for always being supportive of BTOB,” the statement added. “The relationship between CUBE Entertainment and BTOB has unfortunately come to an end here, but we will sincerely support the new growth and shining future of the BTOB members with endless possibilities.”
“Please show your unwavering love to BTOB who will be starting their new journey,” it concluded.
It was previously reported that the agency was hoping that all six members of BTOB would renew their contracts this year. On the other hand, it looks like the idols are ready to explore other possibilities.
The significant development reflects a bittersweet farewell for the group and the entertainment company, as they part ways with mutual respect and appreciation for the time spent together.
