JYP Entertainment has officially announced changes in its management department.
On July 24, the agency published a formal statement confirming that, together with the new company NPIO Entertainment (stylized npio), it will jointly manage its own action division led by Vice President JYP Entertainment Pyo Jong Rok.
The full statement from JYP Entertainment is as follows:
Hello, this is JYP Entertainment.
JYP Entertainment decided to run its campaign together with NPIO Entertainment as of September 1st.
It was founded by JYP Vice President Jyo Pong Jong Rok.
After discussions with all JYP players, it was decided that Yoon Park, Shin Eun Soo, Kang Hoon, Shin Ye Eun, Kim Dong Hee and Lee Chan Sun would jointly manage NPIO for the remainder of their contractual periods.
All our other players will terminate their contracts by mutual agreement and will be able to search freely for new agencies.
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