JYP Entertainment CONFIRMS GOT7 members not renewing their contracts: Our official relationship ends here

After weeks of reports surrounding GOT7 members choosing not to renew their exclusive contracts with JYP Entertainment, the agency has finally confirmed the popular boy group's departure post their contracts expiring on January 19.
JYP Entertainment CONFIRMS GOT7 members not renewing their contracts: Our official relationship ends here
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GOT7, one of the most influential boys group to spread the power of K-pop on an international level, made headlines recently when it was reported that the members had decided not to renew their contracts with JYP Entertainment. While JYP addressed these rumours stating that they will speak about it once the negotiation process was over, the agency has finally confirmed the speculations.

As per Star News and Soompi, in their statement, JYP explained how GOT7 members' exclusive contracts were expiring on January 19 and after thorough discussions, both parties agreed not to renew the contract. While acknowledging GOT7's impact as a global idol group, JYP thanked the boy group; which consists of JB, Jackson, Jinyoung, Mark, Yugyeom, BamBam and Youngjae, for being a part of K-pop and JYP's growth as well as Aghases for being GOT7's source of motivation. JYP ended the note stating how their official relationship with GOT7 has ended but that they're cheering for GOT7 members' future.

Read JYP Entertainment's full statement addressing GOT7's departure from the agency below:

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.

What do you have to say about GOT7's departure from JYP Entertainment? Share your honest thoughts with Pinkvilla in the comments section below.

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While Aghases are heartbroken over the news, they are also equal parts ecstatic for the members and their new journey and even trended #CongratulationsGOT7 on Twitter. Mark, in an earlier touching tweet also had assured the fandom to not worry as he penned, "The past 7 years have been the best years of my life. Nothing is coming to an end, just the beginning. The seven of us are going to continue to bring you guys the best version of us till the end. #GOT7FOREVER" All seven members even shared the same candid group selfie, leaving Aghases an emotional mess with the hashtag #GOT7FOREVER".

GOT7's last appearance as JYP artists was at the recently held 35th Golden Disc Awards where the boy group took home the Bonsang for Best Album for DYE.

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Anonymous 7 days ago

Got 7 is an active band who are famous globally. The fans of Got 7 are not too much happy because their contacts are ending in January 19, 2021....but the fans of Got 7, praying to get a great future for the members...Hope they all be happy and stay blessed.

Anonymous 1 week ago

I am happy for them, Jyp likes only young girls and boys not the one who are older. It is better to leave Jyp for them and settle in other.

Anonymous 1 week ago

I'm happy for them, because JYP is just a jealous pervert who is only interested in young girls, you can see the difference in treatment, between Itzy with Twice and Stray Kids with Got7. They keep the boy groups locked up so that they don't overshadow him: his disinterest when Stray Kids had released the hits Back Door and God's menu; the refusal that Got7 produce themselves; he never promoted Jackson's solo career; Stray Kids once participated in the 2020 awards to advertise him for Kingdom ; he had kept for many years (until it leaked into social networks) a member who mistreated other members of Stray Kids; he had rejected future members of Mamamoo because they didn't match his doll style to please old rich Koreans. In short, bravo got7.

Anonymous 1 week ago

I'm happy for them, because JYP is just a jealous pervert who is only interested in young girls, you can see the difference in treatment, between Itzy with Twice vs Stray Kids with Got7. He keep the boy groups locked up so that they don't overshadow him: the refusal that Got7 produce themselves; he never promoted Jackson's solo career; his disinterest when Stray Kids had released the hits Back Door and God's menu; Stray Kids once participated in the 2020 awards to advertise him for Kingdom ; he had kept for many years (until it leaked into social networks) a member who mistreated other members of Stray Kids; he had rejected future members of Mamamoo because they didn't match his doll style. In short, bravo Got7.