GRID Entertainment announces plans to debut new boy band, acquires 131 Label
GRID Entertainment announced the agency’s establishment and said it signed an exclusive contract with the Thai actor Yorchi in a press release on Monday.
“We plan on showcasing a new boy band, including Yorchi. We are currently preparing to meet our global fans,” said the agency.
The agency also said Monday that it acquired 131 Label, a hip-hop label and entertainment agency established by B.I in 2018.
“We have assigned 131 to one of the in-house labels of [GRID Entertainment], and we will strengthen the agency as a label that focuses on solo artists,” Sim Hyejin, CEO of GRID Entertainment, said. Sim was the co-CEO of 131 Label.
“Starting with Yorchi, we will also reveal a variety of information regarding the members of the upcoming boy band, including the name of the band,” Sim added.
Led by Sim, GRID Entertainment is a newborn entertainment agency founded by former directors of Y.G. Entertainment, S.M. Entertainment and other K-pop agencies.
BY CHO YONG-JUN [cho.yongjun1@joongang.co.kr]
with the Korea JoongAng Daily
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