K-pop group GFRIEND will be leaving their agency, Source Music, after six years.
On May 18, Source Music, a label under HYBE Corp. (formerly Big Hit Entertainment), made the announcement.
“The exclusive artist contract with GFRIEND and Source Music will be concluded on May 22. After careful consideration and extensive discussion, GFRIEND and Source Music have come to an agreement to follow separate paths to continued growth,” the agency said.
It added, “For the past six years, GFRIEND has won the boundless love of K-pop frans through a wide range of concepts, performances and songs that marked a new generation of girl group and music.”
“We would like to express our sincere and heartfelt gratitude to GFRIEND who has allowed Source Music to accompany them on their journey,” it said.
Source Music added, “We would like to deeply thank all BUDDY and fans who have shown your love for GFRIEND, and we ask that you give your unchanging love and support to the members who will begin their adventures in new and diverse areas. Source Music will always continue to cheer for the members as they take the first step towards new beginnings.”
GFRIEND debuted in January 2015. Source Music was acquired by HYBE in July 2019.
They released their third studio album “Walpurgis Night” last Nov. 9 containing the carrier track “Mago.”
GFRIEND is composed of Sowon, SinB, Yerin, Eunha, Yuju and Umji.