Label Denies Reports of Departure, Confirms Validity of Existing Contracts

SM Entertainment

On Tuesday, SM Entertainment, the agency representing K-pop group EXO, refuted claims suggesting that members Chanyeol and Sehun were leaving the label to join a new management company. The company clarified that the contracts with the band's members remain intact. These contracts allow members to pursue individual ventures through companies they establish, while still being involved in group activities under SM Entertainment. 

▲ SM Entertainment
Contrary to recent local media reports, the two artists, who also form the subunit EXO-SC, are not currently in the process of transitioning to a new agency. EXO-SC notably participated in a music festival in Tokyo earlier this summer.

In a separate development, Chanyeol is set to release his solo single titled "Good Enough" on Oct. 20. This marks his first solo release in 2 1/2 years, signifying a significant moment in his solo career.

Sayart.net 

Kang In sig, insig6622@naver.com