SM Entertainment has responded to the reports of EXO‘s Sehun and Chanyeol leaving the company for their solo activities.
In a statement shared with media outlet Herald Pop, SM Entertainment stated that SBS’s report was not true.
The reports about Sehun and Chanyeol’s transfer to a new agency are not true. The contract signed at the end of 2022 between SM Entertainment and the EXO members is still in place, and EXO’s activities will continue with SM.
However, should a member wish to proceed with their individual activities while under exclusive contract with SM Entertainment, we conditionally allow that to occur through an agency that the individual idol establishes on their own.
— SM Entertainment
Earlier today, SBS reported that Chanyeol and Sehun would be signing with a new agency for their solo promotions.