RBW reveals when their artists' contracts are expiring and are expected to renew or leave the label.
Keep on reading t o know more.
RBW Reveals Contract Expiration Dates of MAMAMOO, Oh My Girl, Lee Chaeyeon, ONEUS, and More
RBW, who currently manages numerous groups such as MAMAMOO, Oh My Girl, ONEUS and more, recently made an initial public offering (IPO) ahead of its listing on the Korean Securities Dealers Automated Quotations (KOSDAQ).
In their IPO, they revealed the contract periods of their major artists, as well as WM Entertainment's who they have acquired, in a report submitted by RBW to the Financial Supervisory Service,
MAMAMOO
MAMAMOO's seven year contract period had ended back in June 17, but their three members, Hwasa, Moonbyul, and Solar had renewed contracts, while Wheein left the label.
Hwasa renewed her contract for another two years, and will expire on June 17, 2023. While Moonbyul and Solar's contracts are set to expire after three years on June 17, 2024.
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ONEUS
ONEUS as an entire group has an exclusive contract with RBW for seven years. This means that the six members Ravn, Seoho, Leedo, Keonhee, Hwanwoong, and Xion's contract with the label will end on January 8, 2026.
ONEWE
All five members of ONEWE also has an exclusive contract with the label for seven years. Members Yonghoon, Harin, Kanghyun, Dongmyeong, and CyA's contracts will expire on March 31, 2024.
VROMANCE
VROMANCE's contract with RBW ends after seven years on July 11, 2023, and members Janghyun, Hyunkyu, Euno, and Hyunseok can choose to renew or leave after then.
PURPLE KISS
RBW's latest rookie girl group, Purple Kiss, is also signed under the label with a seven year contract. The seven members Jieun, Goeun, Dosie, Ireh, Yuki, Chaein, and Swan's exclusive contracts will expire on March 14, 2028.
B1A4
B1A4's seven-year exclusive contract had ended back in 2018, with members Jinyoung and Baro deciding not to renew contracts with the label, while CNU, Sandeul, and Gongchan decided to stay.
With that, Sandeul and Gonchan extended their contracts for another three years, which will end on June 30, 2024. While CNU also extended for another three years, but his contract will end on February 24, 2023.
Oh My Girl
Oh My Girl's contract with WM Entertainment is set to expire on April 20, 2022. Despite still having less than a year left for their exclusive contract as a group, five out of the seven members have already extended their contracts.
Members Binnie, Seunghee, Arin, YooA, and Hyojung all renewed their contracts for another three years with WM Entertainment, which will expire on April 20, 2025. While the remaining members Jiho and Mimi's will end in 2022.
ONF
All six members of ONF will have their exclusive contracts with WM Entertainment expiring on April 30, 2024 after seven years.
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Lee Chaeyeon
Former IZ*ONE member and "Street Woman Fighter" dancer Lee Chaeyeon also has an exclusive contract with WM Entertainment for seven years. Her contract will expire on October 28, 2025.
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Written by Robyn Joan