[Official] Jang Dong-ju's unilateral retirement announcement... Management W: "Extremely irresponsible, will respond severely" (Full text)

*This content was translated by AI.

As actor Jang Dong-ju declared his retirement, his agency Management W issued an official statement four days later.

On the 17th, Management W stated, "We apologize to the fans who have cherished and supported Jang Dong-ju, as well as to those in the popular culture and arts industry, for the sudden news causing concern," and added, "Jang Dong-ju's retirement announcement was made unilaterally by the actor himself without any prior discussion or consultation with our agency."

It further stated, "We were not informed of this matter in advance and only became aware of the situation after the announcement. This incident is an extremely irresponsible act that betrayed the responsibility and trust expected of an actor under contract. We clearly state that all responsibility for the confusion and damage caused by this lies entirely with the actor himself," expressing their shock over Jang Dong-ju's unilateral retirement announcement.

It also emphasized, "We are doing our utmost to resolve the situation with those affected and partner companies due to the actor's unilateral decision, and we are responding to this matter with a serious stance. We have determined that the trust relationship with actor Jang Dong-ju has reached a point that is practically irrecoverable, and we will carefully review all matters, including whether to maintain the exclusive contract relationship in the future."

It then reiterated, "Once again, we deeply apologize to the fans and all concerned parties for causing concern."

Jang Dong-ju declared his retirement from the entertainment industry via his personal SNS on the 15th. His retirement announcement caused a stir as it was made without any discussion with Management W and at a time shortly after signing an exclusive contract.

Especially given that he had been engulfed in controversies over the hacking of HyuDaejeon and his unexplained disappearance, concerns from those around him grew even greater.

After remaining silent, Jang Dong-ju later explained the reason for his retirement, stating, "With the help of my family and acquaintances, I have repaid more than 3 billion won out of approximately 4 billion won in debt. Although about 700 million to 800 million won remains, I will do my best to repay it. Given the constant pressure of debt, I judged that normal acting activities were impossible."

◆ Full text of Management W's official statement.

Hello. This is Management W.

First, we apologize to the fans who have cherished and supported our actor Jang Dong-ju, as well as to those in the popular culture and arts industry, for the sudden news causing concern.

The recent announcement of actor Jang Dong-ju's retirement, known through various media and SNS, was made unilaterally by the actor himself without any prior discussion or consultation with our agency.

We were not informed of this matter in advance and only became aware of the situation after the announcement.

This incident is an extremely irresponsible act that betrayed the responsibility and trust expected of an actor under contract. We clearly state that all responsibility for the confusion and damage caused by this lies entirely with the actor himself.

We are doing our utmost to resolve the situation with those affected and partner companies due to the actor's unilateral decision, and we are responding to this matter with a serious stance.

Furthermore, we have determined that the trust relationship with actor Jang Dong-ju has reached a point that is practically irrecoverable, and we will carefully review all matters, including whether to maintain the exclusive contract relationship in the future.

Once again, we deeply apologize to the fans and all concerned parties for causing concern.

Thank you.

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*This content was translated by AI.