The sibling duo AKMU (Akdong musician) signed a contract with YG Entertainment for 5 years after completing a 7-year contract.
According to the news report on the 26th, on the same day, YG Entertainment signed a five-year renewal contract with two AKMU members, Lee Chan-hyuk and Lee Soo-hyun.
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Lee Chan-hyuk, who completed the renewal of the contract, said, “Honestly, it is hard to find a company that gives the singers to their affiliates as first as YG. For 7 years, it is a company that has supported us well in the direction we want to go without any small friction or disagreement. “I said. Lee Chan-hyuk’s younger brother Lee Soo-hyun also revealed the reason for signing a new contract with YG, saying, “We did it when we retire, but we have never thought of leaving YG.”
YG Entertainment said, “Akmu is still young friends, but it has a deep thought and a very mature side. It is true that all YG executives and employees were greatly moved by the news of AKMU’s long-term renewal.” As much as I confirmed, YG will not spare more support for AKMU in the future. I will do my best to help you grow as an artist.”
This contract between YG and AKMU stands out in that the renewal period is 5 years. Rookie celebrities, including idol groups, usually sign a 7-year exclusive contract with their agency according to the standard contract of the Fair Trade Commission. Most of them are transferred to another agency or signed a short-term contract of about two years after completing a 7-year contract, whereas AKMU has signed a long-term renewal.
Akdong Musician is a sibling duo singer composed of Lee Chan-hyuk and his younger sister Lee Soo-hyun as the winner of SBS’K-Pop Star Season 2’which aired in 2012. Akdong Musician, who signed an exclusive contract with YG Entertainment in 2013, gained popularity by reaching No. 1 on various music charts with ‘200%’,’A long night’,’Dinosaur’, etc.
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