Kang Daniel announces end of Konnect Entertainment
Singer Kang Daniel announced the closure of his agency, Konnect Entertainment, which he founded himself. Attention is also being paid to what kind of moves he will continue in the future.
Kang Daniel’s agency, Konnect Entertainment is known to have virtually started the process of closing its business on the 21st of last month. Sources in the music industry said that his singers, for examples Yuju from GFRIEND, and Dance Crew We Dam Boyz left the company without renewing their contracts.
In addition, most of Konnect Entertainment employees have been laid off and resigned, and they have virtually entered the process of closing their businesses.
Kang Daniel officially announced the closure of Konnect Entertainment on the 9th.
Closure of Konnect
“My journey with Konnect, which has been a fence for me over the past five years and taught me a sense of responsibility, has come to an end,” he said. “I want to say thank you to all the executives and staff who have led Konnect with me through crying and smiling. I will not forget this heart.”
“I’m sad and sad to finish my last journey with bad news, but I’m trying to work hard silently as I always have. I’ll also make sure that it’s a time to think a lot about a better future,” he said, promising to deliver good news to his fans as soon as possible.
First, Kang Daniel is expected to focus on the lawsuit against the major shareholder A. Earlier, Kang Daniel filed a criminal complaint against A, the major shareholder of Cutect Entertainment.
Kang Daniel belatedly learned that a 10 billion won advance distribution contract was signed by the shareholder, the shareholder stole his name and stamping the corporate seal without knowing the client. And confirmed that at least 2 billion won was withdrawn from the agency’s account by overseas remittance and business income processing without any due process such as approval of the CEO, resolution of the board of directors, and resolution of the general shareholders’ meeting.
Previous article about Kang Daniel, the timeline of the incident, CLICK HERE.
