Gummy’s contract with YG Entertainment expires, will she renew her contract? “Still deciding”!
Just like her former label-mate Se7en, Gummy’s contract with YG Entertainment also expired in April domestically. While her contract with the company’s overseas company (YGEX) is expected to end 2-3 months after.
Gummy, who first debuted in 2003, signed a 5 year double contract with M-BOAT Entertainment (YG’s former sister company) & YG Entertainment.
In 2007, she was asked to choose between M Boat & YG Entertainment, since the partnership between two companies is ending (along with her contract expiring the same year). Gummy chose YG Entertainment and renewed her contract for another 4 years which eventually ended in 2011. Her contract was then renewed for another 2 years ending in April 2013 (domestically).
This time however, Gummy chose to take her time in signing a contract.
Rumors are floating around that Gummy will choose not to renew her contract with YG Entertainment and move on to another agency. An industry representative revealed, “Gummy recently held meetings with various agencies. Rather than renewing her contract, Gummy is leaning towards signing with a new agency.”
A YG Entertainment representative responded, "It is true that Gummy’s contract has expired. However, Gummy has been with YG Entertainment for over 10 years, and she’s part of the family. Gummy is a member of the YG Family just like Se7en and Jinusean are. Although Se7en and Jinusean’s contracts with YG Entertainment have expired, they are still considered members of the YG Family. We are currently in discussion with Gummy. We will respect whatever decision Gummy makes and continue to support her.”
Additional Info by: ygfamilyy
Translated by: AKP