"SM Is Pressuring Her?" Koreans React to Rumors That Red Velvet’s Irene Will Not Renew Contract With SM Entertainment

There are rumors that Red Velvet's Irene is not renewing her contract with SM Entertainment.

Many articles were published about the rumors, one mentioning:

Red Velvet members' contract periods are different due to issues such as the year they joined SM and the members they joined. In addition, since there are cases where the contract period is extended under agreement with the artist before the end of the contract period, the contract period is different for each member even in the same group.

In order to smoothly work as a whole, all members must renew their contracts with SM. Of course, even if you leave SM, you can keep Red Velvet by adding a clause to maintain group activities, but this requires a strong loyalty that continues without a beautiful breakup or renewal of contract with the original subsidiary.

The case of Red Velvet is ambiguous. Leader Irene is not renewing her contract. Therefore, it is rumored that SM is currently unable to confirm Red Velvet's activities such as albums, performances, and events.

Koreans reacted to the article on an online community sharing:

• What's with the pressure..
• What
• Oh, just get out..
• What?
• Oh, keep it the way it is
• Is SM pressuring her?
• Wow, but it's been a while since I saw such an explicit article about contract renewal
• There are a lot of times when group activities are open even without re-contracting
• It's a threat
• 222.... Public intimidation pressure...
• Hmm? They were recording the 3rd studio album. Is Irene the only one missing
• Irene's image will be much better if she goes out. She's so popular that she can't come out after being cut off the commercials Other than music shows or Wendy's radio show
• SM is at it again

Source