From J. Tune Camp to GNI Entertainment, MADTOWN just can’t seem to catch a break.
All of MADTOWN’s members have jointly filed a petition for suspension of their exclusive contract with the Seoul Central District Court. The group filed the petition against their new agency GNI Entertainment. Fortunately for them, a decision may be made as early as this month.
The petition is due to fraudulent activity at GNI that first came to light in March. Authorities arrested GNI’s CEO on suspicion of fraud, foreign exchange violations and other criminal charges.
This development put the newly signed group MADTOWN, who had joined the agency in January, at a crossroads. The group has not had many activities since September nor have been able to prepare for conceivable comeback.
Furthermore, workers formerly in charge of MADTOWN’s channels of communication including their homepage, social media, and phone lines have left, essentially paralyzing these channels. This is due to a deficit of workers who left the agency once the scandal unfolded.
Moreover, an aide of the group said that “The members are gathering their strength and thinking about their future if their petition is successful.”
MADTOWN is a seven-member group that first debuted in 2014 with ‘Mad Town’. They initially signed with J. Tune Camp Entertainment, the agency founded by singer and actor Rain. They released their last album, ‘Emotions’, in 2016 before transferring their contract to GNI Entertainment.