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Golden Child and Rocket Punch, Disbandment Procedures… Exclusive Contracts with Woollim End in Large Numbers (Full Text)

The groups Golden Child and Rocket Punch are going through disbandment procedures.



Woollim Entertainment recently announced through an official press release, "The exclusive contracts of Lee Dae-yeol, Y, Bae Seung-min, Bong Jae-hyun, and Kim Dong-hyun will end on December 31st," and "We have had a long and in-depth discussion with the members of Golden Child about each individual's future and direction of activities, and after sufficient conversation, we have agreed to terminate the exclusive contracts."



Golden Child group image. [Photo = Woollim Entertainment]



Golden Child debuted in 2017 and has been active since. They were reorganized as a seven-member group in August when Tag, Kim Ji-beom, and Choi Bo-min withdrew, but with the news of the termination of the exclusive contracts of five members, they have effectively disbanded.



The only Golden Child members remaining at Woollim Entertainment are Lee Jang-jun and Hong Joo-chan.



The group Rocket Punch is having a photo time at the release showcase for their third single album 'BOOM' held at Sky Art Hall in Deungchon-dong, Seoul on the 6th. [Photo = Woollim Entertainment]



In addition, with the exclusive contracts of



Yeonhee, Yunkyoung, Sohee, and Dahyun of Rocket Punch expiring, the team has also entered the path of disbandment. Woollim Entertainment stated, "The exclusive contracts of Yeonhee, Yunkyoung, Sohee, and Dahyun will end on December 31st," and added, "We would like to express our gratitude to Yeonhee, Yunkyoung, Sohee, and Dahyun for being with us as our artists, and we will sincerely cheer them on in the future."



Below is the full text of Woollim Entertainment's official position regarding Golden Child and Rocket Punch.



Hello.

This is Woollim Entertainment.



First, we would like to thank the fans who have always loved Golden Child.



The exclusive contracts of Golden Child members Lee Dae-yeol, Y, Bae Seung-min, Bong Jae-hyun, and Kim Dong-hyun will end on December 31st. We have discussed the future and direction of each individual member of Golden Child for a long time, and after sufficient conversation, we have agreed to terminate the exclusive contract. We would like to



express our gratitude to Golden Child for presenting various music from 2017 to the present, and for always working with sincerity. We will sincerely cheer on the future of Golden Child members. We would also like to thank the fans who have always been with Golden Child.



We ask for your continued support and love for Golden Child members who are taking new steps in the future.



Thank you.



Hello.

This is Woollim Entertainment.



We would like to inform you that the exclusive contracts of our artist Rocket Punch members Yeonhee, Yunkyoung, Sohee, and Dahyun will end on December 31st.

We have discussed the future and direction of Rocket Punch members for a long time, and after sufficient conversation, we have decided to terminate the exclusive contracts.



I would like to express my gratitude to Yeonhee, Yunkyoung, Sohee, and Dahyun who have been with us as artists in the past, and I will sincerely cheer for the days ahead. I would also like to express my gratitude to the fans who have always been by my side, loving me and giving me strength.



Thank you.





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