MLD Entertainment speaks up
MLD Entertainment, the agency of HORIZON and where MOMOLAND belonged, is in the process of normalizing its management.
MLD Entertainment said on the 17th, “It is true that COVID-19 has caused financial difficulties and delayed wages.” However, the CEO explained, “We are currently working to normalize our management, and we are also paying unpaid severance pay sequentially.”
On the same day, MLD Entertainment was claimed that it was experiencing financial difficulties and delayed employees’ wages. To read more about the agency’s financial crisis, CLICK HERE.
Led by CEO Lee Hyung-jin, MLD Entertainment is the predecessor of Double Kick Company, which was established in April 2015. The girl group “Momoland,” which debuted in 2016, attracted attention as it became a hit. The team disbanded last year.
The agency was earning concerns, as the people got worried about the future of the artists. However, the agency is explaining the background stories.
ANCHORS WILL DO ALL THEY CAN TO SUPPORT HORI7ON
We. Anchors, we will do our best to bring Hori7on to success! Please MLD take care of your artists, do your job properly and promote them in Korea mostly. Update us if Hori7on have some schedule so Anchors can support them. Also, please verify Hori7on social medias and upload some videos. We love Horiboys and we will protect them until the end!