iKON finish unique contract with YG Leisure

The remaining members of iKON have parted methods with longtime company YG Leisure.

In an announcement posted to Weverse earlier right now (December 30), YG Leisure introduced that the company and group have “mutually agreed” to finish iKON’s unique contract, following a “lengthy and cautious dialogue” with the group’s members.

As per a notification shared by Weverse, @YG_iKONIC has ended its contract with @ygent_official as a gaggle. They’re the newest Okay-pop crew to depart their foundational firm and declare intentions to stay lively, with out the most important authorized battles of the previous hindering them pic.twitter.com/VDyhzKCpYR

— Tamar Herman (@TamarWrites) December 30, 2022

The assertion added that iKON is not going to be disbanding following their departure from the company. As well as, the group will proceed to make use of iKON’s current official social media platforms, together with Weverse, for future group bulletins and correspondences with followers.

“We wish to specific honest appreciation to iKON for being with us as YG artist,” the company’s assertion reads. “YG Leisure will at all times look ahead to their actions in various fields and need the most effective for the members sooner or later.”

iKON debuted as a seven-member unit with album ‘Welcome Again’ in 2015, following appearances on actuality tv exhibits WIN: Who Is Subsequent and Combine & Match in 2013 and 2014, respectively. In 2019, B.I parted ways with the group and the agency following drug-related allegations in opposition to him.

Months earlier than their departure from YG Leisure, iKON had released their fourth mini-album ‘Flashback’, led by title track ‘But You’. The document was the follow-up to 2020’s ‘I Resolve’, and got here after a 12 months after the discharge of digital single ‘Why Why Why’ in 2021.