All GOT7 members leave JYP | Due to the money conflict, the company was determined to "drain" and play tricks?

Team YouTubeJan 28, 2021 at 16:00

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In the early days of January, netizens couldn't help but be in an uproar at the news that all 7 GOT7 members did not renew their contracts, leaving JYP Entertainment at the same time. The members will sign contracts with different agencies and promise to spend time reuniting under the name GOT7. They officially became the first group this year not to overcome the "7-year curse".

Before that, there were many signs that GOT7 and the company had conflicts with each other such as Park Jin Young simultaneously unfollowing the members. In contrast, the boys also unfollowed the "boss" of the JYP family and deleted their photos together. Recently, on social networks, there have been shocking rumors: the reason GOT7 really left was due to a money dispute with the company, directly related to the new contract, and JYP tried everything to "sink" " members.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 1

Specifically, the press has reported that JYP is expected to grow more this year because they have changed the contract structure with artists, in order to bring more profits to the company. Previously, the remuneration of JYP artists was divided at the rate of 60% to the company and 40% to the artist for domestic activities. This rate for overseas activities is 30% for companies, 70% for artists.

GOT7 is a group with more international popularity than at home, so they enjoy a huge income, up to 70% of profits. GOT7 fans speculate that it is for this reason that JYP has made superficial promotional moves, neglecting the group to reduce popularity and always reduce the amount of money to be paid to the members.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 2

Even a clip in the past was also "digged" by netizens, showing that maybe money conflicts are the reason why GOT7 members chose to "quit their shirt" from the management company. In the program "Knowing Brothers", the "boss" of JYP even revealed that member Jinyoung earns even more money than him.

However, this is just a rumor and there is no guarantee of its accuracy. The real reason why all 7 GOT7 members left the company at the same time in the way "rice is not good, soup is not sweet" is still a mystery.

GOT7 debuted under JYP Entertainment in 2014, this year is the time when the group's contract expires. Previously, many people thought that this popular boygroup was easy to "open", because there were rumors that Yugyeom would sign a contract with AOMG, Jinyoung was said to move to BH Entertainment. In the end, everything happened as netizens guessed, however, not only a few members did not renew, but all 7 members of GOT7 decided to leave JYP Entertainment when their contracts expired. At noon on January 10, Dispatch officially confirmed the above information, and said that attending the Golden Disc Awards 2021 will be the group's last schedule.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 3

Immediately after Dispatch posted the news that the 7 members of GOT7 did not have their contracts expired, JYP responded, "It is difficult for us to confirm this". JYP side said that they are still in the process of discussing contracts with the members. After the final results are available, the company will make an official announcement as soon as possible.

It is known that JYP has discussed with the members about the direction of the group's activities, but only 1 or 2 members want to renew the contract. Even so, they still expressed their desire to be together as a group. An entertainment industry official revealed that GOT7 are very close to each other and want to continue working together. However, the members' views disagreed with the management company. After many meetings that did not come to a final result, the members decided to leave the company.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 4

However, while JYP side has not been able to announce whether GOT7 is going or staying, there have been 2 management / entertainment companies of the 2 pieces in the group speaking up about the incident.

The first is Sublime Entertainment - the company reported by the media as the place where member Youngjae decided to sign a contract. This is the company that currently manages actors Song Kang Ho, Bi Rain, Hani (EXID), etc. Youngjae is promised by Sublime to support activities not only in music but also in contracts. co-advertisement, photography.

After that, Sublime Entertainment's side gave a response through Newsen as follows: 'We confirm that Youngjae is in the process of discussing with the company.'

As such, this is considered an 'implicit' response confirming that Youngjae will not stay at JYP and has found a new direction in Sublime.

In another development, the media reported that Jackson would leave JYP and continue to work under Team Wang - Jackson's team in China. Previously, many people misunderstood that Team Wang was a subsidiary company established by JYP in 2017 to manage Jackson's activities in China, but this is actually a company founded by Jackson himself. The male idol also pays for music production costs, MV making, and staff salaries under Team Wang activities.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 5

After the news broke, Team Wang's side gave a response through Sina as follows:

'We can confirm Jackson did not renew his contract. He will return to the company Team Wang founded by him and expand his activities into many fields in 2021. Jackson's goal is to develop the global business.'

Thus, 2 out of 7 members have been confirmed to leave JYP Entertainment through another company.

The future of the members is of great interest to netizens. Reportedly, Jinyoung is discussing a contract with BH Entertainment and wants to pursue an acting career. Yugyeom is expected to return to AOMG - the hip-hop company founded by former "JYP chicken - Jay Park. There are rumors that BamBam is currently considering a contract with Makeus Entertainment - Sunmi's management company. The male idol will be active. in both Thailand and Korea, member Mark is expected to return to the US, rest with his family, open a YouTube channel and consider future activities.

The news of the 7 members leaving at the same time is almost certain and everyone is just waiting for an official statement from JYP.

All GOT7 members leave JYP | Due to money conflicts, the company is determined to drown and play tricks? - Figure 6

An acquaintance of the group revealed that the members all love each other very much and want to be a group. Although they are in different companies, they agree to spend time doing activities together when GOT7 reunites.

GOT7 emerged with the hit series Girls Girls Girls, Just Right, Hard Carry, Lullaby... However, after that, the group's fans kept booing the company for neglecting, unfair treatment, and poor promotion for GOT7. Currently, the news of all 7 GOT7 members leaving JYP is the focus of the newspapers.

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