TenAsia has reported that all 11 of The Boyz members have parted ways with IST and have signed exclusive contracts with MC Mong’s company, One Hundred. Artists affiliated with this company are Baekhyun, Chen and Xiumin, Taemin, Viviz, Badvillain, Lee Mujin, Be’O, Ha Sungwoon and Ren (formerly of Nu’Est).
The report claims that the 11 members will start operations under One Hundred as of December this year. It is unclear whether they will have the right to use the name “The Boyz” under their new company. It could also be possible that some of the members’ (namely, Q, New and Hyunjae for ex.) lose the rights to their stage names. If negotiations with IST surrounding names fall through, it is likely that The Boyz will have to promote under a new name. They would also lose the rights to their discography.
This news coming out right after IST issued a statement about the situation concerning Sunwoo is very interesting, but Ig not all too weird considering that their contracts with IST are up in less than a month (for ref, they debuted on December 6th, 2017).
As of writing this post, this is all unconfirmed by either party. I will edit when further updates are given.
Please correct me in the comments if you find other information!
edit: it seems that One Hundred had applied for trademarks for “The Boys” and 더 보이스 (The Voice, v pronounced as b in Korean) back in August. On November 13th, they applied trademarks for “The New Boyz” and “TNBZ”.
link: Naver
submitted by /u/angie_kiprevski
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