It’s reported that YG Entertainment trainees, including some who appeared on “Treasure Box” and “Produce X 101,” have signed with new agencies or are aiming to do so.
On August 26, the outlet EDaily reported that according to sources in the industry, YG trainees aiming to be singers are currently in discussion with other agencies about potentially transferring from YG. It’s reported that some of them are trainees who appeared on YG’s survival show “Treasure Box,” which chose the 13 members of TREASURE 13 that were originally slated to debut in early July 2019, as well as Mnet’s “Produce X 101.”
A source stated, “There are currently people who have left YG and signed contracts with new agencies, as well as trainees who are in the final stages of agreements about their contracts.”
EDaily reports that while each agency has a different system for contracts, most trainees are signed on for the relatively short period of a year. It’s common for trainees to move to another agency after their contract period runs out. However, as the agency in this case is YG Entertainment, there are many who state that this case is indicative of YG’s current situation.
It’s reported that many in the music industry regard the postponement of TREASURE 13’s debut as related to the agency’s current situation as it deals with multiple controversies. Representatives said, “The postponement of TREASURE 13’s debut has led to a sense of loss for the trainees who have to wait for opportunities after that, and this is leading to transfers to other agencies.”
In late July, it was announced that plans for TREASURE 13’s debut have been postponed after YG founder Yang Hyun Suk, who was in charge of the group’s debut project, stepped down from his role at the agency in June. Soon after his departure, it was reported that some of the actors under YG Entertainment were seeking to terminate their contracts with the agency due to its reputation following several controversies, particularly those related to drug use among its artists.
source soompi 1 2, naver