9 The Boyz Members Reportedly Notify One Hundred Of Contract Termination

Nine members of THE BOYZ person reportedly notified their agency ONE HUNDRED of statement termination.

On March 19, THE FACT reported that Sangyeon, Jacob, Younghoon, Hyunjae, Juyeon, Kevin, Q, Sunwoo, and Eric—nine members of THE BOYZ excluding New—sent a certificate of contents to ONE HUNDRED CEO Cha Ga Won backmost successful February, notifying her of termination of their exclusive contracts owed to breach of spot beyond repair owed to usurpation of their contracts. Negotiations were underway for astir 1 month, but nan efforts person fallen through.

Although THE BOYZ sent a petition to entree nan statement and costs specifications on pinch nan certificate of contents since February, CEO Cha Ga Won did not supply these for complete a period and did not supply an explanation. In nan process of negotiations, CEO Cha Ga Won counterclaimed nan members’ negligence, demanding to beryllium paid punishment fees for breach successful statement if they want to terminate their contracts.

THE FACT further reported that personnel New decided to enactment pinch ONE HUNDRED for undisclosed individual reasons. The outlet antecedently reported that ONE HUNDRED has yet to salary billions of won (millions of dollars) since nan 3rd 4th of past year, moreover taking retired and utilizing nan 150 cardinal won (approximately $100,000) successful deposit money for nan group’s dorm. Although THE BOYZ is scheduled to clasp a concert astatine nan KSPO Dome from April 24 to 26, nan agency did not supply a believe room, leaving nan members to rent retired believe rooms pinch their ain money and moreover paying nan costs for galore unit members.

In summation to ONE HUNDRED, CEO Cha Ga Won’s different euphony labels Big Planet Made and INB100 are each successful states of superior impairment pinch tens of billions of won (tens of millions of dollars) of unpaid settlement. Basic forms of support including proscription support for artists has halted, resulting successful artists attending scheduled activities successful their individual vehicles.

Stay tuned for updates.

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