Cube Entertainment responds to rumors about internal management conflict

Cube Entertainment�addressed rumors about the company's internal management conflict leading to a series of employee resignations.�

Cube as well as its largest shareholder IHQ announced, "The rumors are completely false. IHQ is part of the company, but they did not influence detailed management in any form." IHQ clarified, "Cube Entertainment is mainly run by its CEO Hong Seung Sung, and he holds most power in terms of artist management and creative directing. IHQ does not interfere in detailed management plans. We are going to continue to respect the company's way of management and will work our best to actively support the promotion of its artists."�

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Ultimately, Cube Entertainment and IHQ strongly denied the rumors, and they also ensured there was sufficient promotion and support for their artists.�