Got7's departure from JYP Entertainment; Read JYP Entertainment's official statement

Got7 is a South Korean boy band formed by JYP Entertainment in 2014. The group consist of seven members named JB, Mark, Jackson, Jinyoung, Youngjae, BamBam, and Yugyeom. Got7’s exclusive contract with JYP Entertainment is going to expire soon. But, Got7 would not be renewing their contract with JYP Entertainment anymore. 

Also read: What Happened To Yugyeom From GOT7? Is GOT7's Yugyeom Leaving JYP?

Recently, JP Entertainment has confirmed that all the members will be leaving the agency. Got7’s last project with JYP Entertainment will be 2021’s the Golden Disc Awards. Today, JYP Entertainment released a statement to officially announce GOT7’s departure. Read the statement below.

Also read: GOT7 Member Yugyeom Signs New Contract; Here's Where He Will Go After Leaving JYP

JYP Entertainment's official statement - 

‘Hello. This is JYP Entertainment.

JYP has held thorough discussions with the GOT7 members ahead of the expiration of their exclusive contract on January 19.

As a result, both sides have agreed not to renew the contract while hoping for a fresh future.

GOT7 has performed exceptionally as a global idol group that represents K-pop since their debut on January 16, 2014.

We genuinely thank GOT7 for being part of the growth of K-pop and JYP, as well as I GOT7 and all fans who have been a source of motivation to GOT7’s activities with their endless support since their debut.

Our official relationship ends here, but JYP will sincerely cheer on the new future that the GOT7 members will advance into.’

Also read: GOT7 Releases The 'Breath Of Love: Last Piece' Teaser Poster

The group has found fans worldwide and has gained attention for their performances. Although they are leaving the agency, they would remain as a band. Member's Mark Tuan took to Twitter and reassured their fans about the same. Sharing a selfie of all 7, Mark wrote that the past 7 years had been the best years of his life. He also wrote that nothing was coming to an end and this was just the beginning. He continued saying that the seven of them were going to continue to bring their fans the best version of themselves  till the end. In his hashtag, he mentioned that Got7 would stay forever. Fans commented in large numbers giving the band love and support.

Also read: GOT7’s Young-Jae Blamed For Bullying In School; JYP Entertainment Releases Statement