Taemin's Contract Termination, Whereabouts with Big Planet?
Singer Taemin has terminated his contract with his agency, Big Planet Made Entertainment, after 1 year and 10 months. Despite having remaining contract duration, Taemin strongly requested contract termination, and significant negligence and financial issues by CEO Cha Ga-won are speculated as the background for the contract termination.
CEO Cha Ga-won leads One Hundred, Big Planet Made, and INB100, and is embroiled in various controversies, including allegations of non-payment of billions of won to external companies related to album production, rumors of an affair with MC Mong, suspicions of debt, allegations of unsettled payments related to EXO members Baekhyun, Chen, and Xiumin, as well as Taemin and The Boyz, and allegations of unpaid luxury shopping bills.
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Big Planet Made houses artists such as Lee Seung-gi, Lee Soo-geun, Lee Mu-jin, Ha Sung-woon, Ren, Eunha, SinB, and Umji, while INB100 includes Baekhyun, Chen, and Xiumin. Amidst ongoing suspicions surrounding the CEO, Taemin's departure has become a reality, drawing attention to the possibility of further changes among the agency's artists.