Jo Kwon, Seulong, and Jinwoon's contracts with JYPE to expire in February + members in talks for renewal

SEE ALSO: J.Y. Park sells the JYP building, but will continue to use it under a lease with future plans for a new HQ

According to�Ilgan Sports, the three members' contracts are set to expire in February 2015. A music insider stated, "I think that they'll naturally renew their contracts. They still have things to show as 2AM and more as actors. I think the relationship between the artists and agency isn't bad either. They definitely have trust in each other so no other options come to mind."

Regarding the report, a JYP Entertainment rep told another media outlet TVDaily, "The contract with 2AM is reaching its expiration period, so we're currently in talks for a renewal."

Jo Kwon previously starred in the musical 'Priscilla', Seulong in the drama 'Hotel King', and Jinwoon in the drama 'Marriage, Not Dating'. Changmin remains under Big Hit Entertainment to carry out his activities for Homme and more. The group also recently released their 3rd full-length album 'Let's Talk'.