Tag: MLD Entertainment

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MLD Entertainment Struggles With Unpaid Wages

MLD Entertainment

MLD Entertainment, the agency behind the once-popular girl group Momoland, is dealing with major financial issues. These problems have led to significant unpaid wages for their employees. According to Maeil Business Newspaper’s Star Today, the company has repeatedly missed payroll deadlines, causing most staff members to resign. Now, fewer than five employees are still with the company.

Those who left due to unpaid wages haven’t received their severance pay either. Complaints filed with the Labor Office have resulted in only partial compensation.

MLD Entertainment over the years

MLD Entertainment, established in 2015, gained fame with Momoland’s hits like “Bboom Bboom,” “BAAM,” and “Yummy Yummy Love.” Unfortunately, Momoland disbanded on January 27, 2023. Besides Momoland, the company launched groups such as T1419 (rebranded as TFN), Lapillus, and Horizon. However, none have reached significant success. CEO Lee Hyung-jin is currently focusing on managing the Filipino group Horizon, which is based in the Philippines. TFN, which debuted in January 2021, started disbanding in February this year.

Last year, singer Gil joined the company as a producer and artist but has remained inactive. He was recently involved in a controversy related to singer Kim Ho-joong’s DUI incident in May. MLD clarified that Gil was only a witness and not involved in any wrongdoing. Veteran singer Lee Seung-chul also joined MLD Entertainment in 2022.

The financial instability and management problems at MLD Entertainment highlight the challenges the company faces. This situation raises serious concerns about its future operations and overall stability. Immediate intervention is necessary to resolve financial issues and protect the remaining employees’ welfare.

Despite these challenges, MLD Entertainment has introduced a new group, NewID. This group will bring fresh energy to the company, offering hope for a turnaround. Fans are eager to see if NewID can revive MLD’s reputation with their promising talent. Their debut is highly anticipated and may mark a new chapter for MLD Entertainment.

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TFN Officially Disbands 3 Years After Debut

The announcement of TFN’s disbandment three years after debut has left fans saddened and reflective on the group’s journey under MLD Entertainment.

TFN Disbands Only 3 Years After Debut

On February 29, the agency confirmed the news, stating that the exclusive contracts of TFN members had come to an end, effectively signaling the end of the group’s activities.

The news of TFN’s disbandment sparked strong reactions from netizens, who expressed disappointment and concern over the fate of groups under MLD Entertainment. Some pointed out a pattern of mismanagement within the agency, drawing comparisons to the disbandment of Momoland. However, MLD Entertainment has yet to address these concerns or provide further clarification regarding the situation.

TFN’s journey began with much anticipation and excitement, as they debuted under MLD Entertainment in January 2021 with the single album “Before Sunrise Part. 1”. Comprised of nine talented members—Noa, Sian, Kevin, Gunwoo, Leo, On, Zero, Kairi, and Kio—TFN captured the hearts of fans with their energetic performances and charismatic presence.

The Future for TFN Members

Despite the initial promise shown by TFN, the group’s disbandment underscores the challenges and uncertainties faced by artists in the competitive K-pop industry. As TFN members embark on their individual paths, fans are left to reminisce about the group’s achievements and cherish the memories created during their time together.

Looking back, TFN’s debut marked a significant moment in their careers, as they aimed to make an impact not only in Korea but also in Japan and the United States simultaneously. The ambitious goals set by MLD Entertainment reflected the agency’s commitment to promoting TFN on a global scale, yet the group’s journey ultimately took a different turn.

As fans bid farewell to TFN, they express gratitude for the music, performances, and memories shared by the members throughout their time together. While the future may hold uncertainties for TFN members, fans remain hopeful that they will find success and fulfillment in their respective endeavors.

With fond memories and best wishes, fans send their love and support to each member of TFN as they embark on new chapters in their lives. Though TFN may have come to an end, the impact of their music and the bond between members and fans will endure for years to come.

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Former MOMOLAND Member Nancy Joins Ex-NMIXX’s Jini’s New Company

Nancy is the second former MOMOLAND member to find a new company

Nancy is moving forward with a new company. The former MOMOLAND member has signed with a new agency and is expected to begin promoting as a solo artist. Interestingly, Nancy has also chosen to sign with the same label as former NMIXX member Jini!

Ex-MOMOLAND Member Nancy Signs With New Company

Former MOMOLAND member Nancy has found a new home in the entertainment industry following her departure from MLD Entertainment in January of this year. The talented artist has recently signed with ATOC, a burgeoning agency known for representing former NMIXX member Jini.

Nancy’s decision to join ATOC marks a fresh start in her career, aligning her with fellow former NMIXX member Jini, who is already part of the agency. Notably, Nancy is the second member of MOMOLAND to embark on a new journey with a different label, following Nayun’s recent move to the acting-focused label My Nest Company earlier this month.

Fans and industry enthusiasts eagerly anticipate Nancy’s future projects and contributions as part of ATOC’s artist lineup, as she continues to showcase her talent and versatility in the entertainment world. The new company is also set to be a great choice for Nancy as she prepares for a fresh start.

In April this year, Nancy celebrated her 23rd birthday by launching a YouTube channel where she will be posting new content. The first video uploaded to the channel followed the former MOMOLAND member as she prepared for her birthday celebration. She also debuted a TikTok account in the same week.

In January 2023, MLD Entertainment confirmed that the remaining six members of MOMOLAND refused to renew their contracts. The group’s disbandment was later confirmed less than a month.

ATOC is currently preparing for Jini’s solo debut with the mini album ‘An Iron Hand in a Velvet Glove’. The former NMIXX member left the group and JYP Entertainment in December 2022. Her solo debut is set for October 11, 2023.

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