HYBE and Woollim respond to rumors of Chaewon’s transfered contract

There were rumors that Kim Chaewon’s contract from Woollim Entertainment was transfered to HYBE

Both companies said they could not confirm the artist contract.

HYBE Label told Ten Asia on the 17th, “We can’t confirm the artist’s contract details. We ask for your understanding.” Woollim Entertainment said the same thing.

Earlier, it was reported that Kim Chaewon, a former member of IZ*ONE, transferred from her original agency Woollim to Source Music, a label under HYBE.

Kim Chaewon is rumored to join a girl group that the HYBE Label is preparing for, and the girl group is expected to include some members of IZ*ONE, including Kim Chaewon and Sakura.

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