Hook Ent. reps told media outlets, "It's true that we met with Psy for a different objective, but we are not in talks with him about an artist contract." 

Previously, Psy left his former label of 8 years, YG Entertainment. His future plans are still unknown. Meanwhile, Hook Entertainment is home to Lee Sun Hee, Lee Seung Gi, Lee Seo Jin, Yoon Yeo Jung, Bora, and more.