Fnc Entertainment Addresses Suspicions Of Inventory Manipulation

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Cre.Ker Entertainment addresses reports of their new boy group + Joo Hak Nyun's inclusion in group
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Cre.Ker Entertainment addresses reports of their new boy group + Joo Hak Nyun's inclusion in group

On July 7, Cre.Ker Entertainment spoke up to address reports that their new boy group would be debuting soon. 

SEE ALSO: K-Pop idols everyone wants to kiss on #InternationalKissingDay

The label recently launched a project titled 'TRAINEE PAPARAZZI' in order to introduce the members of their upcoming boy group, currently being called Cre.kerz. So far, the project has introduced fans to Sunwoo and Younghoon. 

Cre.Ker Entertainment told new outlets, "It's true that the male trainees of Cre.Ker Entertainment are preparing to debut this September or October. We have not decided whether or not Joo Hak Nyun will be in this group or not. Joo Hak Nyun is also practicing hard. But his activities from here on have yet to be determined."

SM Entertainment addresses rumors about Sulli on the cover of 'Playboy's founding issue in Korea
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SM Entertainment addresses rumors about Sulli on the cover of 'Playboy's founding issue in Korea

SM Entertainmentdenied rumors that Sulliwould be posing on the founding issue of Korea's 'Playboy' magazine.

The Korean version of 'Playboy' will launch this September, and rumors have been going around that Sulli would be decorating the cover of it with a semi-nude photoshoot. Reports claimed the idol-turned-actress would be sporting a shocking concept for the magazine.

SEE ALSO: Netizens concerned about Sulli's mental well-being after seeing her bite her cat during Instagram live

SM Entertainment addresses Tiffany's study abroad reports
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SM Entertainment addresses Tiffany's study abroad reports

On August 17, SM Entertainment spoke up about reports that Tiffany would be leaving to study abroad in the U.S.A. 

Earlier today, an insider stated that Tiffany planned to go abroad to the U.S.A to study acting. Acting is a topic she's discussed before in an interview. 

SEE ALSO: SM Entertainment in talks with Girls' Generation about contract renewals

According to SME, studying acting is just one of many possible options, and that they "are discussing various things." Nothing has been confirmed as of now. 

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.