Entertainment Insiders Claim Yoochuns Occupation Is Over Even Supposing Hes Cleared Of Charges

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Lee Jung-jae cleared of charges
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Lee Jung-jae cleared of charges

According to investigators, Lee Jung-jae and Lee Hye-kyeong allegedly caused harm to Dongyang Industries, but they were cleared of all charges.

In 2015, Dongyang Victims Council and the Speculation Capital Surveillance Center claimed that Dongyang Industries supported a company that belongs to Lee Jung-jae with 16 billion won in the process of constructing luxury villas in 2009.

Dongyang was the contractor and Seorim which belongs to Lee Jung-jae, was the developer. The Council stated that this financial support led to debt for Dongyang.

WINNER’s Lee Seung Hoon Is Actually Senior Manager At YG Entertainment
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WINNER’s Lee Seung Hoon Is Actually Senior Manager At YG Entertainment

WINNER members were recently invited to a new MBC's variety show "Brother's Thoughts" on May 20. Lee Seung Hoon caught everyone's attention at the program as he talked about his life as an idol, including his side job, which turns out to be pretty awesome.

During the broadcast, WINNER members revealed their hobbies and other things they're good at, Soompi reported. According to the members, Lee Seung Hoon is the idea bank of the group. He's the man behind every great dance moves that WINNER has. Because of his talent, Lee Sang Min jokingly said that one day Lee Seung Hoon could be the director of a company.

JYP Entertainment Upgrading and Relocating Their Office Thanks to TWICE
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JYP Entertainment Upgrading and Relocating Their Office Thanks to TWICE

JYP Entertainment will be moving to a bigger, better office thanks to the growing success of TWICE.

In 2015, TWICE debuted with Cheer Up and worked their way up with their chart-topping songs, TT and Knock Knock, and now with Signal. In 2017 alone, JYP Entertainment raked in ₩21.9 billion KRW (approximately $19.4 million USD) in sales and ₩3.8 billion KRW ($3.4 million USD) in business profits.

Furthermore, JYP Entertainments stocks increased by 44.77% over just 3 business days in the KOSDAQ stock market, especially after TWICEs new song Signal was predicted to becoming a mega hit.

TWICE's JYP Entertainment to Buy New Building Along with Group's Success
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TWICE's JYP Entertainment to Buy New Building Along with Group's Success

JYP Entertainment is getting a new building. And the label is mainly reaping the rewards of their artist TWICE's global earnings.

According to a report by Koreaboo, the value of the label's stocks exponentially along with the skyrocketing success of the nine-member K-pop girl group since they debuted in 2015. Based on records, the profits of JYPE doubled from last year's numbers and their business profits rose by 442 percent which is a tremendous achievement for any business.

Because of TWICE's growing popularity since they released their first single "Like OOH-AHH," "Cheer Up," "TT," "Knock Knock" and now "Signal", JYP Entertainment managed to cash in on the girls' success in the Korean and international markets. The first half of 2017 has not even finished but JYP has already net ₩21.9 billion KRW in sales profits and ₩3.8 billion KRW in business profits. This translates to a combined estimated total of almost $23 million USD.

SM Entertainment Release Special Goodbye Clip For Kyuhyun
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SM Entertainment Release Special Goodbye Clip For Kyuhyun

SM Entertainment released a special goodbye video for Super Juniors Kyuhyun a day before his military enlistment.

The SM Entertainment artist enlisted in the army as a public service worker on May 25 in the Nonsan Army Training Center. His fellow members, Eunhyuk, Donghae, Siwon, and Ryeowook are currently serving in the army and Kyuhyun will join them soon.

To send him off, SM Entertainment has released a special video to say goodbye. The clip, titled Adieu, includes scenes from important moments of his life, from his debut until now. It also includes a handwritten letter from Super Juniors fan club appearing throughout the video as Kyuhyun smiles on.