Rumours have been spreading like wildfire today, claiming that South Korean popular entertainer Yoo Jae Suk (유재석) would be leaving his current label FNC Entertainment following the end of his contract this month.
A few hours ago, JTBC reported that Yoo Jae Suk’s contract is set to expire come 15th July. He first signed with the entertainment company on 16th July 2015, and renewed his contract for another 3 years in 2018.
During the recent round of contract renewal discussions, however, the “Running Man” star has reportedly decided not to stay with FNC. As both Jae Suk and the company have decided not to renew his contract, it’s most likely that he will become a free agent in the entertainment industry.
FNC Entertainment released the following statement:
“Hello. This is FNC Entertainment. This is an announcement that our exclusive contract with Yoo Jae Suk, a comedian who was part of our agency, expires on 15th July.
Following discussions with Yoo Jae Suk, who expressed his wish to take on a new challenge, we will conclude our management duties [for Yoo Jae Suk] and cheer on each other’s futures. We express gratitude to Yoo Jae Suk, who has carried out active promotions as a celebrity of FNC Entertainment through the long period of six years.
We also express gratitude to the fans who have sent constant love and support to Yoo Jae Suk, and we ask that you continue to send generous support. Thank you.”
Not long after the reports came out, several media outlets claimed that the 48-year-old MC is considering signing with either Kakao Entertainment or Antenna. In response, one representative from the agency revealed that they did meet up with Jae Suk. However, nothing has been decided between the two so far.
Whereas for FNC Entertainment, the label has yet to issue any statement on Jae Suk’s current contract status. No matter which agency he ends up signing to, we would like to wish the variety star all the best! ;)