[Rumor] Red Velvet Irene next to leave SM Entertainment?

Fake news. The fact that they took the Suelgi clickbait tells you they don’t know anything.

i wouldnt be surprised if sm released that news to pressure her to resign

Quote from SooYoung

You need to explain me

how a news saying that she will not resign with the company can pressurre her to resign if she already planned to not resign ? -_-

theres article online saying that its unclear if they will have a comeback if she doesnt resign

Is Star News a credible source for things like this?

Article: Irene's contract renewal is at a crossroads.. Will we no longer be able to see Red Velvet?

Source: STAR News

Red Velvet's Irene is reportedly not renewing her contract with SM.

According to reports, Red Velvet's renewal is currently ambiguous. Leader Irene is not renewing her contract. Therefore, it's said that SM is currently unable to confirm Red Velvet's activities such as albums, performances, and events.

In order for the group to continue activities smoothly, all members must renew their contracts with SM. Of course, Red Velvet can be protected by adding a clause to maintain group activities even after leaving, but this requires strong loyalty that continues even without a beautiful farewell or renewal of contract with the original agency.

Red Velvet recently announced in a live broadcast last month that they are preparing their 3rd full-length album in the second half of this year. However, it's unclear whether the planned schedule can be properly implemented if the contract renewals go wrong.

In particular, after announcements of 'SM 3.0' era which broke away from Lee Soo-man's exclusive producing system, Lee Soo-man stepped down and many of his artists including Kim Min-jong, Super Junior's Kyunhyun, Eunhyuk, and Donghae, Girls' Generation Sunny, Shin Dong-yeop and Lee Hye-sung are leaving SM leading to Red Velvet's.

It remains to be seen whether the contract will be renewed. In addition, since SM is a listed company, the impact on the stock price cannot be avoided.

fake news...SM doesn't disband their groups...ever

Merge?

Thread

[Rumor] Red Velvet Irene next to leave SM Entertainment?

twitter.com/starnewskorea/status/1701869608628834387
twitter.com/gotpinkvelvets/status/1701872665378894122

soshixbang

Sep 13th 2023

Merge?

The thing is if the other 4 renew, they could continue as a group and do quite well, and even better in Korea than currently.

snsd had the kicking out of jessica. rv had irene's scandal. both were turning points for each group.

Quote from SooYoung

You need to explain me

how a news saying that she will not resign with the company can pressurre her to resign if she already planned to not resign ? -_-

This is typical sm style. Not saying this is true but not really the first time they doing this towards their idols. Because they simply knows some fans will treating her like a traitor.

Quote from 0ppar

fake news...SM doesn't disband their groups...ever

That’s true so maybe RV will be like FX

They will comeback this year 3th full album, i don't think this news is true. Fake news i guess

They've just joined weverse. Why would they do that if they are disbanding, makes zero sense

You can tell how many people want this to be true based on the number of threads it’s receiving. For shame.

I think there is a need to properly differentiate "re-sign" (signing again) and "resign" (terminating the contract) otherwise this thread starts getting really confusing...

interesting

I mean history and precedent are against all of them renewing but let's wait and see