THE BOYZ Trademark Rights Granted for Free, Discrepancy Between IST Entertainment and One Hundred

As the trademark issue of THE BOYZ becomes a hot topic, IST Entertainment has decided to grant the trademark rights to THE BOYZ members for free. This decision contrasts with the claims made by their new agency, One Hundred, drawing attention.

On the 4th, IST Entertainment released an official statement expressing regret over the spread of false information related to trademark rights and announced that they have decided to provide free trademark usage rights to all 11 members of THE BOYZ. IST has already conveyed this decision to the members and will support the free use of the trademark for all activities they agree to.

The agency emphasized that providing free trademark usage rights was the right choice for the continuity of the team and seamless communication with fans. They also explained that they had moved up the contract termination date to support the members’ activities. IST stated, “Although there are still six months left on the exclusive contract, we terminated it early to support their activities with the new agency.”

IST refuted the claim that they demanded excessive trademark fees, stating it was untrue and that they were open to various proposals regarding trademark rights. While the relationship with THE BOYZ concludes regretfully, they promised to support the members’ future activities without inconvenience and sincerely cheered them on.

In response, One Hundred previously claimed that the former agency, IST Entertainment, presented unreasonable conditions during the trademark negotiation process, which were unacceptable. There is growing interest in how the opposing stances of the two companies will impact future developments.

The contract termination date between THE BOYZ and IST is scheduled for the 5th, adding curiosity to their future endeavors. Fans are eagerly anticipating THE BOYZ’s future activities and supporting their new beginning.

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.