SM Entertainment has since commented on SBS’s report, denying their claims.
EXO‘s Sehun and Chanyeol will reportedly be signing with a new agency for their individual activities.
According to an exclusive report from SBS, Sehun and Chanyeol will be signing an exclusive contract with a new, unnamed agency for their individual activities.
Up until recently, both Sehun and Chanyeol have discussed the direction of their activities with SM Entertainment, and after long discussions, it was agreed that the two would move to a new company. Under this agreement, Sehun and Chanyeol will still be able to carry out group activities with EXO through SM Entertainment.
SBS has reported that the agency Sehun and Chanyeol will be signing with for their individual promotions is a new agency established by former iHQ CEO Jeong Hoon Tak. The agency has no name.
SM Entertainment has not yet commented on SBS’s report.