Jeong Woo-sung resigns, Lee Jung-jae's Artist Studio changes company name… Shifting landscape [Star Issue]

*This content was translated by AI.View Original

Artist Company, the drama production company that actors Lee Jung-jae and Jeong Woo-sung are associated with, will change its company name.

According to recent disclosures on the Financial Supervisory Service's electronic disclosure system, Artist Studio will hold an extraordinary general meeting of shareholders on the 26th to discuss the change of company name.

According to the announcement, the shareholders' meeting will vote to amend the articles of incorporation to change the company name from Artist Studio to Studio Ssolssol. It is also expected that a proposal to add exhibition, convention and event management businesses, as well as art and art content-related businesses, along with all ancillary businesses related to these items, will be discussed regarding the business management objectives.

Artist Studio is a production company whose predecessor was Raemongraein, which produced the drama "The Penthouse: The New Empire." Following Lee Jung-jae's victory in a management rights dispute in 2024, the company changed its name to Artist Studio and appointed Lee Jung-jae, Jeong Woo-sung, and others as inside directors.

In this context, Lee Jung-jae sold his 408,345 shares of Artist Studio to Studio Jam for approximately 5.5 billion won on September 1, changing his individual shareholding ratio from 5.04% to 0.95%.

Jeong Woo-sung recently resigned midway from his position as an inside director at Artist Company, his affiliated agency, despite the fact that his term of office is set to continue until March 28, 2027.

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*This content was translated by AI.View Original