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Members of South Korean music band GOT7 (Getty Images)
All GOT7 members are leaving JYP Entertainment after both the band and the agency decided not to renew their contracts. Just days earlier, it was reported that Kim Yugyeom would not be renewing his contract with JYP Entertainment, leading to speculations about the band s future. The band debuted in January 2014 and has slowly become part of the global K-pop sensation.
On January 11, JYP Entertainment released a statement saying that all GOT7 members are leaving the agency, stating, JYP has held thorough discussions with the GOT7 members ahead of the expiration of their exclusive contract on January 19. As a result, both sides have agreed not to renew the contract while hoping for a fresh future.