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Cube Entertainment comments on BTOB contract renewal

The agency responsible for BTOB commented on the renewal status with the boy group members

This Wednesday, the 1st, a media outlet reported that the members of BTOB are in negotiations with Cube Entertainment, the agency responsible for the boy group, for a second contract renewal. According to the news, to date, no agreement has been reached. The information is from Soompi.

The note also mentions that the BTOB idols are considering the possibility of moving to different agencies. They are currently in contact with several companies and have already been offered a contract fee of 6 billion won, which is equivalent to US$4.4 million.

After the report aired, Cube Entertainment spoke out in a statement that reads:

As some BTOB members’ contract periods have not yet ended, we plan to do our best until the contract terms are finalized. Members are also exploring various options and resolving the situation” (via Soompi).

At the end of the statement, the agency further clarified that “The reported contract fee of 6 billion won is not related to Cube Entertainment.”

BTOB debuted under Cube Entertainment in 2012 and has 6 members: Eunkwang, Minhyuk, Changsub, Hyunsik, Peniel It is Sungjae. In 2018, the boys renewed their exclusive contracts with the agency. The boy group’s last comeback took place in February 2022, with the release of the album “Be Together’, which marked the group’s 10th anniversary. Remember the title track:

Source: Recreio

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