Cube Entertainment
All six members of BTOB have chosen not to renew their contracts with Cube Entertainment, as confirmed by the management firm on Monday.
Following extensive deliberations, both parties reached a mutual decision to conclude their partnership after 11 years. BTOB originally debuted in 2012 and extended their contracts once in 2018.
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Regarding the band's name rights, Cube Entertainment has reported that discussions are ongoing, with a positive outlook on the matter.
Rumors have circulated since last week, suggesting that the band members have been offered 6 billion won (approximately $4.63 million) by another agency.
BTOB's most recent release was their 12th EP titled "Wind and Wish" in May. Additionally, a concert film capturing their 10th-anniversary concert held in January was recently screened in South Korean cinemas.
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