K-Pop Group Disbands After Company Goes Completely Broke, Debuts Canceled

We wish them the best! Koreaboo 16 minutes ago Artists under the entertainment agency SPHERES will no longer be active. On September 28, SPHERES shared a notice stating that the agency had virtually no money due to investments being pulled and could not continue. The statement also shared that its future plans would no longer come to fruition, including the debut of its boy group BOY19ER and the planned solo debut of JNXSK, formerly a 24K member, Junseok. Hello, this is SPHERES. We would like to provide an update regarding the idol group our company had been newly preparing to launch. Although we had been continuing preparations amid much interest and anticipation, we regret to inform you that it has become difficult to proceed further as all investment funds in the company have been fully recovered. Our company considered various options in an effort to move forward as planned. However, given the current circumstances, we have determined that it would be difficult to maintain the activities and schedule that were originally planned. As a result, the employees and staff members who had been working with us throughout the preparation process will also unfortunately no longer be able...