Wendy and Yeri of Red Velvet Conclude Their Contracts with SM Entertainment: What Lies Ahead?

6 days ago | 5 Views

Wendy and Yeri of Red Velvet have officially ended their contracts with SM Entertainment, although they will remain active as members of the group.

This development follows lengthy contract discussions that commenced in 2023. Among the five members, Seulgi renewed her contract with SM in August 2023, while Joy and Irene extended theirs in January and February 2024, respectively.

Red Velvet's Wendy and Yeri exit SM Entertainment after contract expiry; will they continue group activities? | PINKVILLA: Korean

In an official statement, SM Entertainment announced, “We would like to inform you that our exclusive contracts with Wendy and Yeri have concluded.”

The statement continued, “Since their debut with Red Velvet, Wendy and Yeri have been diligently promoting both as part of the group and as solo artists in various endeavors. We have cherished the time spent together.”

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