Group GOT7 is leaving JYP Entertainment.
JYP Entertainment said on the 11th, "We had in-depth discussions with the members ahead of the expiration of the exclusive contract with our artist GOT7 on January 19th. As a result, both sides decided not to renew the contract under an agreement."
They added, "We sincerely thank all the fans, including GOT7, who have been with the growth of K-pop and JYP, and 'I GOT7' who have driven GOT7's activities with generous support with their debut."
JYP Entertainment said, "The official relationship is ending, but JYP will sincerely support the new future that GOT7 members will move forward."
The following is the full text of official announcement:
Hello, we're JYP Entertainment.
JYP had an in-depth discussion with the members on January 19 ahead of the expiration of their exclusive contract with their artist GOT7.
As a result, the two sides agreed not to renew their contract, hoping for a new future.
GOT7 has been a global idol group representing K-pop for 7 years since its debut on January 16, 2014.
GOT7, who has been with the growth of K-pop and JYP, and our fans, including I GOT7, who have been the driving force behind GOT7's activities with generous support with their debut, thank you very much.
Although the official relationship is over, JYP will sincerely support the new future that GOT7 members will move forward.
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