On March 21, Woollim Entertainment revealed, "Even though Nell has been with Woollim Entertainment for the last 10 years, we've decided to undergo an elegant separation for the betterment of both sides. We may be stepping down as Nell's management label, but we promise to always cheer on Nell and maintain good relations with them. Please continue to show Nell much love and affection for their upcoming future."
Rather than looking for a new label, Nell will be creating their own special label, called 'SPACE BOHEMIAN', for their future releases. The band has also revealed plans to release a new full album by the 1st half of the year!
Best of luck to Nell and Woollim Entertainment!