QuoteDisplay MoreFNC Entertainment (FNC Entertainment· FNC) will end its entertainment and broadcaster management business.
FNC said on the 16th, "We have been sharing opinions through in-depth discussions with our entertainment and broadcasters. Therefore, we plan to complete the management work sequentially without renewing the contract, and we will spare no effort to provide the necessary support until the end."
He added, "In 2026, we will accelerate growth by expanding profitability centered on our main businesses such as music business, actor management, and drama production, and we will continue to strengthen the competitiveness of our main business and build a more stable and reliable business structure."
Previously, FNC also attracted attention in entertainment and broadcaster management, such as signing an exclusive contract with Yoo Jae-seok in 2015, but in 2021, Yoo Jae-seok, Song Eun-yi, Ji Seok-jin, and other entertainers left, and entertainment and broadcaster management was reduced.
To think, ever since Yoo Jae suk joined them in the past, many variety stars were joining their roster. Like YG and C-JeS, they might close their actors sector in near future.