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It has been revealed that solo artist IU has decided to maintain her loyalty to her current agency, LOEN Entertainment.

On June 3, a representative of LOEN Entertainment shared, “We have recently completed a contract renewal with IU, who has stayed with us for the past 7 years.”

IU’s exclusive contract with LOEN Entertainment will be expiring this coming June 9. However, the singer has already wrapped up the renewal of her contract early, and it is even said that she chose not to receive the deposit for her new contract.

Meanwhile, IU is currently appearing in KBS’ drama “Producer.”

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During a private showcase Jung Yong Hwa hosted for his first solo album “One Fine Day,” he was questioned whether there are other artists he wants to collaborate with in the future. He answered, “There are so many. For this album I didn’t have any [collaborations] with women artists. For my next album, I want to sing a sweet duet with a woman. I have a song prepared already.”

He then added, “The artists I want [to sing with] are IU and Ailee since I’m already close with them. Also, I really want to collaborate with an artist named Sunwoo Jung Ah because she has a unique voice....
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