JYP Entertainment has finally released an official statement regarding the exclusive contract of GOT7.
On Monday, Jan. 11, GOT7's management agency JYP Entertainment has issued the final agreement between them and its seven-year boy group GOT7 after a careful discussion with the members prior to their contract expiration. And according to JYP, all seven members will leave the company.
In their statement, the record label said:
"Hello, this is JYP Entertainment.
We held an in-depth discussion with the members ahead of the expiration of their exclusive contract on January 19. As a result of the discussion, both the agency and the members have agreed not to renew a contract, instead, they are wishing for a new future.
GOT7 has been a global idol group representing K-pop for the last seven years since they debuted on Jan. 16, 2014. GOT7 has been together through the growth of both K-pop and JYP Entertainment, and we would like to thank fans, iGOT7s, who has been the driving force behind GOT7's promotions with the unending support they have shown since their debut.
Although our relationship with GOT7 has ended, JYP Entertainment will sincerely support the new future each member of GOT7 will move on to. Thank you."
Ahead of JYP's announcement, GOT7 Mark made a post on his personal Twitter account. In the post, he wrote, "The past 7 years have been the best years of my life. Nothing is coming to an end, just the beginning. The seven of us are going to continue to bring you guys the best version of us 'till the end." Along with the message is the hashtag "GOT7FOREVER."
READ MORE HERE: GOT7 Reportedly to Leave JYP Entertainment - What Will Happen to the Members?
GOT7, consisting of seven members namely JB, Mark, Jinyoung, Youngjae, Jackson, BamBam, and Yugyeom, debuted in January 2014 with the release of their first extended play titled "Got It?" The EP peaked at No. 2 on the Gaon Album Chart and No. 1 on the Billboard's World Albums Chart, marking the success of their debut.
The boy group's last release is their fourth studio album titled "Breath of Love: Last Piece," featuring 10 songs including the two title tracks: "Breath" and "Last Piece." This album is a special one as all members participated in writing the lyrics of certain songs.
According to an earlier report from Dispatch, each GOT7 member will be going on his own path following his departure from JYP Entertainment. Jinyoung will focus on his acting career with BH Entertainment as his management agency, while Yugyeom will join to AOMG to work on music. Youngjae is currently in talks with Sublime Artist Agency, while JB has received many offers from different hip hop labels, but he still hasn't decided on which one he will sign with.
As for Jackson, Team Wang will be the one to manage his future global activities as confirmed by the agency. He will continue to promote both in China and Korea. BamBam will promote in two countries as well - Thailand and Korea. He is rumored to join MAKEUS Entertainment. Lastly, Mark is said to be planning to go back to the United States, launch his personal YouTube channel, and gear up for his solo music.
For more news updates about other K-Pop news, always keep your tabs open here at Kpopstarz.
Owned by Kpopstarz
Written by Mhaliya Scott
