Seventeen renews its management contracts with Pledis Entertainment for the second time, with all 13 members agreeing to continue working with the agency, Pledis said Monday. The agency states that members who are not currently serving in the military have completed the contract signing, while those enlisted will finalize their agreements after finishing or in line with their service schedules. The renewal follows earlier remarks by Seventeen leader S.Coups at the final encore concert of the group’s “New_” tour in April, when the leader teased the news.
Pledis and multiple reports describe the move as rare in the K-pop industry, noting that full-group contract renewals are uncommon. The groups’ first contract extension was completed in 2021. One outlet also frames the renewal within the wider context of standard entertainment contracts in South Korea, which often follow a multi-year structure under Fair Trade Commission guidelines, after which many groups change lineups or disband.
