Can Kpop Idols Renew Their Contract. This means any group debuted in 2014. Relating to the infamous 7-year jinx most K-pop groups will usually disband after their 7-year long contract concludes.
Contracts exist sure they do but we shouldnt be doubting every idol who wants an identity apart from their group. BIGBANG K-Pop idols will lose rights to their names if they dont renew contracts with YG Entertainment Wed Dec 25 2019 at 1220pm ET By War Omega. Netizens of a popular online community have been talking about whether these particular groups will either disband or renew their contracts with their agency.
Hence why theres a 7 year curse in the Kpop world.
January 21 2020 In 2009 the Korean government created a new law restricting all K-Pop idol contracts to a maximum of 7 years. Since the early days of Kpop many groups have fallen victim to this curse largely due to the period of their contracts as well as strong competition. If too many of these idols choose not to renew their contracts the end could be near for these 5 groups. Under most contracts trainees and K-pop idols are required to pay back their management agencies for the cost of singing and dancing lessons their wardrobes and living costs among other things.