The agency clarified the rumor involving EXO’s Chanyeol and Sehun through a statement.
SM Entertainment has denied rumors involving Sehun It is Chanyeolof EXO, which stated that the artists had signed new contracts with other agencies to promote their careers as soloists. The information is from Soompi.
The idea came up this Tuesday, the 17th, when SBS Entertainment News reported that entertainment industry experts said that the idols would have settled in a new agency founded by Jung Hoon Takformer CEO of entertainment agency iHQ and consultant to the Korea Entertainment Management Association.
More than that, the news portal also announced that Sehun It is Chanyeol they would have promoted an agreement with SM Entertainment to be able to continue with group promotions in the company, even with their solo careers under a new label.
In response, SM stated through a statement:
It’s not true that Chanyeol It is Sehun moved to a new agency. The contracts that EXO members signed with SM Entertainment at the end of last year remain valid and EXO’s activities will continue under SM Entertainment.”
Even so, the company clarified that if members wish, there is the possibility of migrating to another agency following the pre-established agreements in the contract:
However, with regard to members’ individual activities, we conditionally allow them to proceed through their own established companies, if they wish, within the terms of their existing exclusive contracts with SM.”
Formed in April 2012 by SM Entertainment, EXO currently consists of nine members: Suho, Xiumin, Lay, Baekhyun, Chen, Chanyeol, OF, Kai It is Sehun. The group’s most recent comeback took place on July 10 of this year with the release of their seventh full-album “EXIST”, which was accompanied by an MV title track “Cream Soda”. Remember!
Source: Recreio
