On April 20th, IST Entertainment announced, "As the exclusive contracts of Victon members Do Hanse, Choi Byungchan and Subin expired on the 20th, we have terminated our management duties."
It was said that the two sides had in-depth discussions for a long time ahead of the contract's expiration and recently decided not to renew out of mutual respect for each other's wishes.
Meanwhile, Han Seungwoo, Kang Seungsik, and Lim Sejun will maintain their exclusive contracts with IST Entertainment for the time being as their exclusive contracts have partially changed due to their military service. In particular, Han Seungwoo was recently discharged, Seungsik is currently serving, and Lim Sejun is about to enlist.
To this, the agency said, "The three will continue their schedules such as solo activities and musicals, and will actively support them in various ways so that they can continue to greet fans."
They added, "Victon is the best artist and partner who has always been sincere and working hard since their debut in 2016. We will always bless and support the members who are preparing for a new start. Thank you."
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