Previously, Korea’s top trot singer, Kim Ho Joong, was arrested after reportedly being involved in a hit-and-run DUI incident. He recently admitted to his crime, although he denied it for five days. A few days ago, his manager confessed to the absurd method he used to cover up Kim’s crime, swallowing Kim’s car’s black box memory card.
Now, his company, Think Entertainment, also home to K-Pop group TAN, has issued a statement regarding the incident.
It has been announced that the Think Entertainment CEO will be replaced, and the company will undergo several internal changes. There are also discussions with artists regarding their contracts.
Hello. This is Think Entertainment.
We apologize again for disappointing many people due to Kim Ho Hoong’s incident. Think Entertainment has decided to resign all executives and employees involved in this incident and replace the CEO of Think Entertainment.
We also apologize to our artists regarding this incident. We are considering whether the management business will continue in the future. With the opinions of our artists as the top priority, we intend to terminate the exclusive contract without any conditions in the consultation.
We will do our best to take follow-up measures so that there is no additional damage to all partners affected by this incident.
We would like to apologize once again to our company and to everyone who has suffered damage due to our company and Kim Ho Joong.
Sorry.
— Think Entertainment
Source: NATE (1) and (2)
