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Recently, THE BOYZ’s former agency, IST Entertainment, has been embroiled in a controversy regarding trademark rights. Some media outlets reported that IST Entertainment demanded excessive trademark fees from THE BOYZ’s new agency, but IST strongly denied these claims.
On the afternoon of the 4th, IST Entertainment issued an official statement expressing regret over “clearly incorrect information related to trademark rights” and announced that they have granted the 11 members of THE BOYZ the right to use the trademark for free, and have already communicated this. They also emphasized that they would support the use of the trademark for free in all activities that the members agree to, including unit and individual activities.
Specifically, despite one member having six months left on their exclusive contract, IST stated that they would support activities with the new agency and agreed to terminate the contract early. IST added that “providing the members with the right to use the trademark for free is the best decision for smooth communication and activities with fans.”
Regarding the reports that they “demanded excessive trademark fees,” IST refuted this as untrue and expressed an open attitude to considering various proposals. IST conveyed, “Although our association with THE BOYZ concludes with regret, we promise to support their future activities without inconvenience and sincerely cheer them on.”
THE BOYZ is set to leave IST Entertainment and move to One Hundred. Fans are keenly interested in how the trademark controversy that arose during this process will be resolved, and there is great anticipation for THE BOYZ’s new activities moving forward.
This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.
English (US) · 