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7 Comments
For context:
•Park Chanyong – former Jellyfish trainee, Wild Idol and PROJECT 7 contestant
•MBK Company – a recently founded company with ties to TS Entertainment. They have 2 male trainees, Kim Gyugyeol & Moon Suhnbin, and have opened auditions for a new girl group (they claim Secret as part of their legacy)
On December 13 a few media outlets reported that Park Chanyong had signed a contract with MBK Company and was preparing to debut with their new boy group.
MBK Company posted a notice on their website denying it:
>Hello.This is MBK Company.
>
>We would like to inform you that the exclusive contract with PROJECT 7’s Park Chanyong reported in the media today is groundless and was a contract that was carried out by mistake by the person in charge.
>
>Thank you.
Park Chanyong shared the post in his Instagram (pic 2 & 3) with the caption:
>Hello, this is Park Chanyong.
>
>The news reported today is entirely groundless,
and I have not signed an exclusive contract with the mentioned agency.
>
>Thank you.
Today, December 14, MBK Company shared on their Instagram story a notice saying they have terminated their contract with him (pic 1):
>Hello, this is MBK Company.
>
>Due to company circumstances, we have decided to terminate our exclusive contract with trainee Park Chanyong as of December 13, 2024.
>
>We would like to express our gratitude to everyone who has supported Park Chanyong and will continue to cheer for his future endeavors.
Credit for the translation: [@Park Chanyong Global](https://x.com/CHANYONGGLOBAL/status/1867517375043477518?t=JTBlXkioCCRR4WYRx2RLhQ&s=19)
what are we doing. like what are we doing in k-pop as a whole right now. what is this.
Never getting over evil agency TST rebranding to steal the name of the other evil agency MBK.
?!
>We would like to inform you that the exclusive contract with PROJECT 7’s Park Chanyong reported in the media today is groundless and **was a contract that was carried out by mistake by the person in charge.**
How in the hell do you create and sign a contract ‘by mistake’? Like how is that physically possible hello
![gif](giphy|3tfZxGS8MzbFyBiZPx)
I’m so confused. If there isn’t a contract how is it terminated? What is happening in late 2024 kpop?
I mean I know this is TS and they’re known for literally being Total Shit but are they okay?????