Sunday, May 13, 2007

UPDATE ON RAIN's CONTRACT WITH JYP

JYP's contract with Rain is set to expire at the end of this month, and according to the K-pop insiders many major recording companies are trying to lure Rain with lots of $$$. Some also speculate that Rain may create his own recording company to gain complete control of his career.

In a recent interview, JYP said that he wouldn't mind even if Rain chooses not to stay in JYP Entertainment. He said that Rain has already fulfilled his responsibility by abiding their contract, and that he is not obliged to stay in the company.

I personally hope he will renew his contract with JYP, but wouldn't be surprised if he doesn't. I'm sure he has already received a lot of very tempting offers.

Updates:
StarM, a major agency in Korea whose clients include Jang Dong-Gun, has announced its plans to invest 10,000,000,000 won (or approx. US$10,000,000) to try to get Rain under its wing.

Rain's contract with JYP expires tomorrow, and he apparently plans to stay without any contract for the foreseeable future. Interesting.

Updates 2:
JYP has announced that it will not renew its contract with Rain. That officially ends Rain's legal partnership with JYP, though JYP is said to continue offering his advice on Rain's careers.

Meanwhile, Rain has accepted Wachowski brothers' offer to star in their upcoming film in English.

credits: ZZOOzzoo@BoAjjang + mel@soompi.com/forums

1 Comments:

Anonymous Anonymous said...

TELL THEM TO GIVE US OUR MONEY BACK FOR THE CANCELLATION OF THE TORONTO CONCERT!!!!!!!!!

STARM/JYPE/RAIN IS BEING UNFAIR TO FANS!!!! TELL THEM TO GIVE US OUR MONEY BACK!!!!!!!!

STOP STEALING FROM INNOCENT FANS WHO ONLY WANTED TO SEE HIM IN CONCERT!!!

GIVE US OUR MONEY BACK!!!!!!!!!!!!

5:42 AM  

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