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Posted by beansss AKP STAFF Wednesday, January 16, 2019

Banna Culture responds to EXID members' upcoming contract expirations

EXID's management label Banana Culture Entertainment issued an official statement of response to ongoing reports which claimed that the members' contracts with the company expire this February. 

Banana Culture said on January 17, 

"Hello. This is Banana Culture Entertainment. We deliver our official statement regarding reports of EXID's contract expirations, coming up at the end of February. 
Currently, EXID's contract is set to last until May of 2019, with a Japanese tour scheduled throughout the month of February. We also have plans for the group to release a full album shortly after their Japanese tour.

The EXID members plan on carrying out the above schedules as planned, and by either the end of January or the middle of February, we plan to discuss each member's contract expirations in detail."

Earlier, reports alleged that the EXID members' contracts expire in order beginning at the end of February, after 7-years with Banana Culture. Insiders also stated that some members have already met with representatives from other companies. 

Stay tuned for updates.

  1. EXID
34 26,959 Share 88% Upvoted

24

changminbaby 30 days ago 2
30 days ago

"some members have already met with representatives from other companies. " thats not a good sign

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0

CarlaEHughes (Banned) 29 days ago 0
29 days ago

Comment has been deleted

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0

badajoze567 (Banned) 29 days ago 0
29 days ago

Comment has been deleted

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13

leolovechu 30 days ago 1
30 days ago

I wouldn’t mind if the members signed individually with other companies for other solo endeavours in the industry as long as they remained a group, comeback maybe every anniversary and continued to promote under Banana Culture.

I honestly feel like this company has really cared for the group and members and given them freedom and all the opportunities that they could offer. There seems to be no bad blood between anyone and hopefully this is the end outcome as I feel like this group is nowhere near the end of their run and all they can accomplish.

I defiantly see Jungwha wanting to drift into acting and Solji and LE promoting solo.

Hani might want to take a break and go back to study psychology as she once wanted to do.

This has happened before with other groups (Brown Eyed Girls ect.) so let’s hope this can happen to these girls as well! EXID FIGHTING!

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0

Ultimate_Keio 30 days ago 0
30 days ago

Well said - on point. I agree.

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8

edurance 30 days ago 0
30 days ago

That doesn't sound too good :(

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4

Uibyong 29 days ago 1
29 days ago

Read the headline. All K-Pop can't even spell banana correctly?


I just hope they stay together as a group. It seems like every time a group ascends to become my favorite, they disband shortly after. Hope they stay together even if they do some solos. The advantage of staying with the current label is that they'd still be the big group there. Moving to a larger agency might mean they get lost in the shuffle.

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0

Brown_Cream 29 days ago 0
29 days ago

It's supposed to add to the authenticity to being a Korean site but in reality just looks unprofessional, if they made such mistakes over there they'd have to post clips of apologies on knees and shave their heads in shame lol

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2

eager_beaver 29 days ago 0
29 days ago

It's quite tough to see one of my favourite K-pop groups coming to its end. Many groups I've liked have come to their ends resulting in an empty feeling, but dealing with EXID's demise will be really hard on me.

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2

stanloonaordie 29 days ago 0
29 days ago

on the bright side, a full album!

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1

GoldPen 28 days ago 0
28 days ago

Whether they remain EXID, what is important is how they are treated as artists by Banana Culture or new agency.

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1

One_Spider_Bee 29 days ago 0
29 days ago

I think they will renew, maybe on better terms for them. And, yay, full album.

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1

TheTgbx 30 days ago 0
30 days ago

i seriously hope they renew please don't let this be the endddddd im not ready for exid to disband yet!!!!

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0

hiroonakamura 29 days ago 0
29 days ago

why do kpop companies try to renew contracts so late? do it when there's 1 years left of the current contract.

Also - it would be madness from exid members to leave their label now that they are finally big. Why disband the group like that after all the shit you went through?

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0

jokbal_is_yum 29 days ago 0
29 days ago

Well, considering that the ladies recently got pretty shirty on TV (was it Weekly Idol, or Idol Room? I forget) about how they had a laundry list of stuff they felt BC wasn't doing appropriately for them, this shouldn't come as too much of a surprise.

That being said,...... it makes me sad even though I know no group lasts forever no matter how much their public wants them to continue (heck, even the Rolling Stones' latest upcoming tour will probably be their very last - I mean, 56 years for any performing organization is amazing). No matter how great the group, don't forget the average "lifetime" of a K-pop group is the length of their first contract, ~7 years or so.
Plus, each and every group member is in the end a human being, one who may certainly want to do all kinds of different things after being in the glare of hot onstage lights and publicity for close to a decade.

I wish them all the best and hope we can get at least one more great OT5 album from them before they go their separate ways, with some surprise group comebacks down the road to keep themselves (and the rest of us!) happy.

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0

sototallyrandom 29 days ago 4
29 days ago

"Insiders say..." will never ever be reliable. I'll wait for the official announcements, thank you.

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1

Doodles 29 days ago 2
29 days ago

More often that not, those insiders, whoever they are, tend to be right about this type of rumors. Whenever they tend to report about artists not renewing with their labels, they are right. Normally artists don't wait until last minute to sing a new contract if they are happy.


I've seen a lot of groups go through the same situation in the 14 years I've been into kpop (yes, I'm an oldie), and I don't remember any headline like this being untrue unfortunately. I hope that I, and the insiders, are wrong this one time though, I really like EXID and don't want them to disappear.

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0

hiroonakamura 29 days ago 0
29 days ago

and in most cases, when there's just a few months left for contracts to expire, they expire.

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-1

sototallyrandom 29 days ago 0
29 days ago

This is why people believe in fake news. :( A lot of people have selection bias, i.e. only recalling when insiders were right vs when they weren't. What I'm saying is if this site invents anything and preludes it with an "insiders say..." should we automatically believe it?

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0

Vaffangool 29 days ago 0
29 days ago

Banana Culture issued this reply precisely because those insiders nailed it in prior reports. Jeong-hwa is 23 and could have a long career in film or television without depending on EXID for continued relevance. Solji is a vocal master and is already a sought-after coach; LE will continue to get work on other artists' albums, and probably appear on shows like Unpretty Rap Star or Produce 101. I worry about Hyerin—I'm afraid she'll be overlooked. If she wants to go solo she may have to become a very good songwriter herself, and even though she's funny and smart it might be hard for her to fight her way into being a television MC. Heechul could help, if Hani told him to. Oops, I wasn't even going to mention Hani—she's God's own bias, she'll be just fine. I said she'll be fine, dammit. If she disappears from TV, I might lose all interest in hallyu.

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0

Anubis3356 29 days ago 0
29 days ago

EXID IS banana culture. But since they are debuting a new group... Who knows.

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0

tvxqEGY 30 days ago 0
30 days ago

oh my god no not exid

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0

HyperQ4 30 days ago 0
30 days ago

uh oh

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0

Archaic_Anjel 30 days ago 0
30 days ago

Whether they remain with BC or with other companies, as long as they still are EXID, I'm okay with that. They are literally the only reason I'm even still keeping an eye on Kpop.

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0

TamzidZ 30 days ago 0
30 days ago

F in the chat

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0

bichletmehavedis 30 days ago 0
30 days ago

I have a hinch that they won't disband since they have a successful comebacks every time, no beef among the members but if they decide to not then I guess it's fine. They'll be like SISTAR, disbanded but still have a beautiful bond with each other.

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0

MXKpopFan 30 days ago 0
30 days ago

No.no.FUCK NO 🥺

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-3

Sach007 30 days ago 5
30 days ago

Ok i have some tea to spill here guys. Now lets be honest and not pretend. If the group decides to disband then lets be honest the only member i can see doing well is Hani.

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6

TheTgbx 30 days ago 0
30 days ago

u being serious? LE produces and Solji has 1 of the top vocals out of all idols

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4

Valin 30 days ago 1
30 days ago

LOL. LE was doing well before Hani's viral video gave exposure to the rest of the group.

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-2

Sach007 29 days ago 0
29 days ago

Darling calm your teets down first. And let me explain. I only got into the KPOP world year and half ago and HANI was the only memebr that me aswell as many other international fans knew.

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0

Vaffangool 29 days ago 1
29 days ago

You're kidding, right? Jeong-hwa is 23 and could have a long career in film or television without depending on EXID for continued relevance. Solji is a vocal master and is already a sought-after coach; LE will continue to get work on other artists' albums, and probably appear on shows like Unpretty Rap Star or Produce 101. I only worry about Hyerin being overlooked. If she wants to go solo she may have to become a very good songwriter herself, and even though she's funny and smart it might be hard for her to fight her way into being a television MC—Heechul could help her, if Hani told him to.


Hani is God's own bias, she'll be just fine. If she disappears from variety, it'll be like losing Oshima Yuko all over again.

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0

Sach007 28 days ago 0
28 days ago

Hi there. My views were not from a perspective of someone who knows KPOP world inside out. I was on about popularity in a broad sense.

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-3

Kosmo_Lap (Banned) 30 days ago 0
30 days ago

Ah yeah.

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