According to industry sources on Tuesday, Bobby of iKon will not extend his exclusive contract with YG Entertainment.
Bobby debuted as part of iKon in September 2015. Artists can be signed to contracts with agencies for only up to seven years, according to the rules stipulated by Fair Trade Commission, so the members of iKon have either passed or are nearing the end of their exclusive contracts with YG Entertainment.
Word has spread inside the industry that Bobby would not be renewing his contract with the agency for some time, but nothing had been confirmed about the status of his or any member of iKon’s contract renewals.
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