'Controversy over Unauthorized Departure' Yoo Jun-wan Announces Re-debut with New Boy Group: "No Legal Issues" [Official]

*This content was translated by AI.

Singer Yoo Jun-wan has announced that he is joining a new agency and is set to begin full-scale activities.

The newly established agency, Conti, stated on the 4th, "We signed an exclusive contract with Yoo Jun-wan in March. Yoo Jun-wan is scheduled to debut as a member of our boy group, which is currently in preparation for its launch. We will spare no effort to provide comprehensive support so that he can focus solely on music and the stage."

Yoo Jun-wan decided to join the group after trusting the direction and future potential of the boy group presented by Conti Co., Ltd. The new boy group to be unveiled by Conti will be composed of talented participants who stood out in famous audition programs such as 'Boys Planet,' led by Yoo Jun-wan.

Yoo Jun-wan also confessed his feelings about this new beginning directly through his SNS. Yoo Jun-wan said, "For the past three years, there were many days when I wanted to speak but could not. Now, I have found a company that will genuinely help me and members to run with."

Meanwhile, regarding past issues related to his activities, Conti emphasized, "Before signing the contract with Yoo Jun-wan, we carefully reviewed the ongoing legal disputes together with our legal representatives. As a result, we clearly confirmed that there will be no legal issues in proceeding with future entertainment activities."

It further added, "We plan to actively support the artist regarding the current lawsuit for damages related to Yoo Jun-wan, and we will respond strictly, including taking legal action, against malicious defamation based on false facts and acts of interference with the activities of our artists in the future."

Previously, Yoo Jun-wan secured first place on MBC's 'Fantasy Boys' and was confirmed as a member of the Fantasy Boys debut group, but conflicts arose over demands to adjust the profit-sharing ratio and unauthorized departure from the team. Consequently, Yoo Jun-wan filed a petition to suspend the validity of his exclusive contract against Funky Studio but lost the case.

Thereafter, Funky Studio responded, "We will take strong legal action against Yoo Jun-wan, who violated the contract and was secretly preparing a fan meeting," and added that they would identify the producer of Yoo Jun-wan's fan meeting. They strongly criticized, "We plan to send a formal notice and apply for a performance injunction to the producer and production company, and such actions are a form devoid of even a shred of conscience for the Fantasy Boys members."

Funky Studio continued, "Since Yoo Jun-wan lost the petition to suspend the validity of his exclusive contract, holding events such as a fan meeting without our knowledge is a clear violation of the contract," and stated, "We also plan to submit a complaint to the Korea Entertainment Management Association (KEMA) and the Korea Entertainment Producers Association (KEPA)."

Despite this, PocketDol Studio Kim Gwang-su (CEO) extended a hand to Yoo Jun-wan, stating, "If Yoo Jun-wan returns, we will discuss it with the members and go together. Although there are legal issues, we will persuade the production company, Funky Studio." However, Yoo Jun-wan responded with silence until the end, and PocketDol Studio, judging that he had no intention of returning, filed a lawsuit for 3 billion won in damages against Yoo Jun-wan.

In this regard, Yoo Jun-wan's side emphasized, "Yoo Jun-wan, PocketDol, and Funky Studio only signed a broadcast appearance contract for 'After School Club Season 2' and have never signed a formal exclusive contract since then. It is simply that an exclusive contract was not concluded because mutual agreement could not be reached during the negotiation process to sign an exclusive contract after the MBC broadcast ended."

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*This content was translated by AI.