The K-pop industry is facing a massive shakeup! Following the recent departures of SHINee’s Taemin and The Boyz from associated agencies, more top-tier artists are taking a stand.

VIVIZ, Lee Mu Jin, and BE’O have formally notified Big Planet Made Entertainment of their intent to terminate their exclusive contracts. This sudden move has sent shockwaves through the entertainment world, raising serious questions about artist rights and label management.

Why Are VIVIZ, Lee Mu Jin, and BE’O Leaving?

The beloved trio VIVIZ, vocal powerhouse Lee Mu Jin, and rap star BE’O have reportedly reached their breaking point. According to official reports, these talented artists have cited several severe issues for their departure:

• Serious contractual violations by the agency.
• A complete breakdown of trust between the artists and management.
• Failure to receive settlement payments since the third quarter of last year.

Inside Big Planet Made’s Financial Crisis

Behind the scenes, Big Planet Made Entertainment is reportedly facing severe financial turmoil. Industry sources claim the agency is currently dealing with a state of complete capital impairment.

Furthermore, the financial mismanagement seems to extend far beyond the artists. There are reportedly tens of billions of won in unpaid fees owed to business partners and hardworking staff members.

CEO Cha Ga Won’s Response and Industry Impact

This is not the first time CEO Cha Ga Won’s connected labels have seen a major exodus. The situation closely follows the recent contract terminations of K-pop icons like SHINee’s Taemin and the hit group The Boyz.

Despite the artists’ firm stance, CEO Cha Ga Won is reportedly unwilling to accept these termination notices. Big Planet Made Entertainment has released an official statement claiming that no final decision has been made.

As this legal and financial drama unfolds, fans are sending their full support to the artists. What do you think about VIVIZ, Lee Mu Jin, and BE’O’s decision to leave Big Planet Made Entertainment? Let us know your thoughts in the comments below!