GOT7 Ends Contract With JYP Entertainment

GOT7 is trending number 1 on Twitter after South Korea's popular news website Dispatch reported that all seven members of the Kpop group GOT7 have chose to end their contract with JYP Entertainment.

"After multiple discussions with (JYP Entertainment), they made a decision to part ways", said the source, based on translations by Soompi.

Meanwhile, JYP Entertainment said they will release a full statement once the status of GOT7's contract renewal is confirmed. "We deliver our gratitude to fans who have cheered along the journey of GOT7's growth". Though so far there is a trend of one agency managing one Kpop group, GOT7 might be an exception and continue to remain and perform as a group despite each member being managed by different agency.

Following Dispatch's report, JYP Entertainment issued a statement about GOT7's contract renewal on January 11.

The official statement from JYP Entertainment came a few days after it was reported that Jin Young, Yugyeom and Youngjae would be signing with new labels. The seven members were thoroughly seen enjoying themselves on stage and ensured that they leave no stone unturned.

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According to reports, Jinyoung will be signing with BH Entertainment.

Where Are the GOT7 Members Going?

Along with him, Yugyeom was also rumored to move to the hip-hop label, AOMG. Youngze has reportedly been approached for well-known names such as Sublime Artist Agency, Song Kang Ho, Ren, Exids Hani, and more.

The group's beloved leader, JB, has reportedly received offers from various music labels. A close representative of the agency stated that the band has a close relationship with the agency, and they are only separating and not renewing their contract due to minor conflicts between the two teams. Henceforth his Korean schedules will be taken care of by his company. Mark will return to his hometown in Los Angeles to reunite with his family. For his actions in Korea, he'll obtain the assistance of a content material manufacturing company, and he's reportedly in talks to signal a contract with with MakeUs Entertainment. He plans to launch his YouTube channel and work on his solo music in the United States. Mark left a heartfelt message on his Twitter handle assuring the fans that the GOT7 members will stay together as a group.