The industry is reeling as girl group VIVIZ, singer Lee Mujin, and rapper BE'O have reportedly notified Big Planet Made Entertainment of terminating their exclusive contracts.
According to The Fact on the 19th, they cited the agency's material breach of contract and a resulting breakdown of trust as reasons for ending their deals. They reportedly attempted to resolve the issues through discussions but decided to move forward after failing to receive a satisfactory explanation.
The agency, however, stated, "No final conclusion has been reached yet" and added, "We are doing our best to ensure the artists' normal activities." The two sides remain at odds over whether the contracts will be terminated.
The development draws even more attention amid a recent wave of artist departures from related labels. Earlier, some members of THE BOYZ under affiliate OneHundred also sought to terminate their contracts, sparking conflict. In addition, SHINee's Taemin wrapped up his deal with the label and moved to BIGBANG leader G-Dragon's agency, Galaxy Corporation.
With multiple contract disputes surfacing in quick succession, all eyes are on how the agency will respond.