Source Music announced to media outlet MBN on March 14 KST that former IZ*ONE members Miyawaki Sakura and Kim Chaewon had officially joined the company.
Hello, this is Source Music.
We would like to inform you that Miyawaki Sakura and Kim Chaewon have signed exclusive contracts with Source Music, a subsidiary under HYBE.
The two artists have signed exclusive contracts based on a feeling of mutual trust with the company, and HYBE and Source Music will cooporate to launch our first girl group with them.
Please look forward to it and support the two artists who will show a new image at Source Music, who values good music and content.
— Source Music
HYBE founder and chairman Bang Si Hyuk (also known as Bang PD and Hitman Bang) is also welcoming Miyawaki Sakura and Kim Chaewon to the family! He shared a post of a couple of photos posing with the girls on Instagram in a “Fighting!” pose.
Miyawaki Sakura and Kim Chaewon previously debuted in Produce 48 project group IZ*ONE. They are to join together a new girl group under Source Music. Also, Produce 101 Season 2 trainee Huh Yunjin has been rumored to be the group’s third member.
Fans have speculated for a while that Miyawaki Sakura and Kim Chaewon would be joining HYBE. Now, it’s all confirmed to be true.