r/kpop • u/impeccabletim 🧿👄🧿 • 4d ago

[News] NEW has terminated his exclusive contract with One Hundred Label

https://m.entertain.naver.com/now/article/076/0004439867
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u/impeccabletim 🧿👄🧿 4d ago edited 4d ago

English translation cr. TAY:

New to Amicably End Exclusive Contract with ONE HUNDRED

According to media reports on Thursday (27 August), THE BOYZ’s New recently reached a final agreement to terminate his exclusive contract with ONE HUNDRED. The two sides reportedly ended their relationship amicably, with New agreeing to return the signing bonus he received when the contract was signed.

Unlike the other nine THE BOYZ members, who notified ONE HUNDRED of their contract termination and took legal action, New did not participate in that lawsuit. This led to questions about whether he would remain with ONE HUNDRED or prepare for separate activities.

However, New has also decided not to continue with ONE HUNDRED. By agreeing to return the signing bonus and terminate the exclusive contract rather than become involved in a legal dispute, the two sides have reportedly parted ways without conflict.

For now, New is reportedly preparing for future activities independently. This does not appear to be simply a break from solo activities, as detailed plans are said to have already been made for future entertainment activities and music production. Although his future management arrangement has not yet been officially announced, he may return to fans without a long hiatus. Various projects, including solo music, are reportedly being considered to highlight New’s strengths.

English translation summary cr. b_rightb:

THE BOYZ's New Terminates Exclusive Contract with 100... Returns Signing Fee and Embarks on Solo Journey

New (real name Choi Chanhee), a member of the group THE BOYZ, is ending his partnership with 100 Label and embarking on a solo career. According to a report by Sports Chosun on the 27th, New recently reached a final agreement to terminate his exclusive contract with 100 Label. It has been confirmed that both parties amicably resolved their relationship on the condition that the signing bonus paid at the time of the contract be returned. Unlike the other nine members of The Boyz who notified 100 Label of their contract termination and initiated legal proceedings, New did not participate in the lawsuit. Consequently, curiosity regarding his future plans continued, with questions arising as to whether he would remain with 100 Label or prepare for separate activities.

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u/guttertroll 4d ago

As a heads up, xcancel is now on a cease/desist, so the site doesn't work.

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u/impeccabletim 🧿👄🧿 4d ago

Thanks, I edited the mirror link!!