[identity profile] goshipgurl.livejournal.com posting in [community profile] omonatheydid
Boy group BEAST might be planning to start their own independent agency.

On October 15, after BEAST’s seven-year contract with Cube Entertainment officially ended, a report revealed that the members discussed their options and decided to start their own agency.

According to multiple sources, while BEAST is very grateful for the agency debuting the group and helping them establish a foothold, they want to set up their own agency as a new challenge for themselves.

Usually, the discussions regarding the contract happen six months before the termination date, but BEAST and Cube Entertainment have not renewed the group’s contract as of October 16 KST.

BEAST’s contract has been receiving attention since the beginning of the year. There has yet to be an official statement from Cube Entertainment.


Update October 16 KST:

On October 16, Cube Entertainment spoke with Top Star News in regards to BEAST’s contract.

The agency spoke of the contract, saying, “In regards to the contract renewal, we’re still in the process of discussing. We have not received any information, therefore we are in a situation where we cannot speak on the matter.

sources: soompi sports donga nate

Date: 2016-10-16 04:47 pm (UTC)
From: [identity profile] bloodtaki2.livejournal.com
lol seems like Cube is trying to stretch it out as much as possible.

Tbh, it seems pretty obvious they are/Were not gonna renew. When you look at their latest insta/twitter messages for their 7th anniversary, they always talk about the future as Beast members and not the usual "I'll keep on working to show you a better image".

Yoseob: “For the past 7 years I have been truly happy, and thanks to all you guys, I was able to overcome all the hardships. I will work harder for my fans, and I will continue to sing for Beast. I am truly grateful for you guys, and I’m sorry that this is all I can say on such a meaningful day. I know I say this all the time, but I respect and love you all. I hope for only good things to come.”

Doojoon: “I was also awake at this time 7 years ago. I remember all the memories like it was just yesterday. It is the start to the second chapter of Beast’s story. Everyone, fighting. Thank you. I love you.”

Dongwoon: “It’s already been 7 years since we first met. Thank you for being with us every step of the road. I’m sorry and I know it’s a confusing time for you guys, but please wait a little. We can’t celebrate a 7 year anniversary this year, but we can celebrate later. Thank you.”

Kikwang: “Thank you for following and believing in us for the past 7 years. We will repay you guys by showing a more mature and better side. We will continue to work for you guys so please continue to support us. Thank you so much and enjoy the rest of your weekend.”
Edited Date: 2016-10-16 04:47 pm (UTC)

Date: 2016-10-16 06:51 pm (UTC)
From: [identity profile] pero, like (from livejournal.com)
but what about hyunseung

Date: 2016-10-16 09:44 pm (UTC)
From: [identity profile] juhli.livejournal.com
imagine the shitstorm if Hyunseung rejoined Beast ( i know, i know, not gonna happen..but IMAGINE!)

Date: 2016-10-16 10:39 pm (UTC)
From: [identity profile] niyarav.livejournal.com
Haha I almost wish they would all leave together and he would rejoin Beast just for the shitstorm it would cause but it seems impossible from what we know of his departure. Idk if he's better off staying with cube or not though

Date: 2016-10-17 12:24 am (UTC)
From: [identity profile] tsubaki874.livejournal.com
I honestly wouldn't be surprised if he rejoined, but I think the chance of that happening is only if BEAST pulls a Shinhwa

Like I know the members had issues, but if they're their own company it'd be much easier to express musical differences without CUBE constricting them to one sound/style per promo
Edited Date: 2016-10-17 12:26 am (UTC)

Date: 2016-10-16 07:18 pm (UTC)
jeliza: custom avatar by hexdraws (tentacles)
From: [personal profile] jeliza
I wonder if any of them know the Shinhwa men well enough to ask for help --- or Block B's people, for that matter, since they basically did the same thing.

If Hyunseung stays, how long until a Troublemaker comeback, do you think? Because they're running out of moneymakers.

#rip4minute

Date: 2016-10-16 08:11 pm (UTC)
From: [identity profile] xxhna.livejournal.com
i wish them the best of luck in this. i think it takes a lot of guts to set up their own company. i had wanted dbsk to pull a shinhwa years ago. i hope it works out for them!

Date: 2016-10-17 12:48 am (UTC)
From: [identity profile] jinkiestabi.livejournal.com
At least I wasn't off base with my thoughts. I may have my feelings about past behaviors, but I don't wish bad on any idols in a situation like this, even though it seems like they have a lot of pull. Especially since Cube curved their top money makers (4M) and only are left with one person who pulls in cash (Hyuna....and also BTOB since they do pretty well in Japan). I hope whatever decision they make is best for them.

As for Hyunseung, I don't get good vibes with him staying at Cube. I'm still very surprised at the thought of the company offering contract renewals for him as part of the group, too.
Edited Date: 2016-10-17 01:31 am (UTC)

Date: 2016-10-17 01:16 am (UTC)
From: [identity profile] reader17.livejournal.com
I thought Beast created their own label Beast Music for Japan releases. So it wouldn't surprise me if they created their own label for Korea. Wishing it would be all 6 of them in the group. I love Beast no matter what and their music, During Ribbon I just kept waiting for Hyunseung to sing.

Date: 2016-10-17 01:39 am (UTC)
From: [identity profile] jinkiestabi.livejournal.com
Nvm false alarm, lol.
Edited Date: 2016-10-17 03:32 am (UTC)

Date: 2016-10-17 06:14 pm (UTC)
From: [identity profile] winegums.livejournal.com
smh, Cube.

I hope the group gets through this and finds a way to stay together, Cube has been a mess all around and I don't blame them for wanting to gtfo. Plus they only have a couple years before army anyway.

Shame Hyunseung can't rejoin them.

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