Okay-pop boyband THE BOYZ will be capable of proceed utilizing their group title after a latest transfer to new company ONE HUNDRED.
Final week, Okay-pop group THE BOYZ’s contract with IST Leisure formally expired, marking the top of their seven-year partnership. Forward of the group’s transfer to their new company, ONE HUNDRED, it claimed that negotiations with IST for the band’s trademark rights had fallen by way of because of its “unreasonable” circumstances.
IST Leisure later refuted ONE HUNDRED’s assertion, sharing that it had determined to offer all 11 members of THE BOYZ with the precise to make use of the trademark freed from cost, which it had already conveyed to the group.
On Friday (December 5), ONE HUNDRED launched a follow-up assertion that it had concluded discussions with IST Leisure, confirming that the group will be capable of proceed selling beneath the identical title.
“We’ve got put aside previous grievances and had open, trustworthy discussions, prioritising THE BOYZ and their followers in reaching a decision that advantages everybody. We sincerely thank IST Leisure for his or her willingness to cooperate with an open thoughts,” mentioned the brand new company per The Korea Herald.
ONE HUNDRED went on to apologise for “inflicting followers discomfort throughout this course of,” promising to “do our utmost to help THE BOYZ in reaching new heights and defending their legacy.”
In different Okay-pop information, the Golden Disc Awards has introduced the line-up for its upcoming thirty ninth ceremony going down in January. Set to happen throughout two nights, the ceremony will function performances by prime acts like aespa, NewJeans, BIBI and extra.
