SEE ALSO: 2AM to release new version of ‘Moment’ through DAWN TAPE project on March 30th

According to multiple music insiders in an exclusive by MyDaily, 2AM's contract with Big Hit Entertainment expires at the end of this month. An insider stated, "Even after his contract expires late-April, Changmin will continue as an artist under Big Hit Entertainment while the other three members will transfer their management from Big Hit Entertainment to JYP Entertainment. For their Japanese activities and concerts, Big Hit Entertainment will continue to take charge of that area of business."

A Big Hit Entertainment rep confirmed to Xports News on the 9th, "Jo Kwon, Jinwoon, and Seulong will move to JYP Entertainment starting today... Since Changmin has schedules for 'Shootdori 6' left under Big Hit Entertainment, he has decided to stay. Although there has been no specific contract made, he will carry out his activities for this year under Big Hit Entertainment."

Since JYP and Big Hit Entertainment have been co-managing 2AM together since 2010, fans can rest assured that things will most likely continue as normal concerning 2AM's activities.

Following the release of their third mini-album 'NOCTURNE' last year, 2AM have been focusing on their individual activities including musicals, variety shows, and acting with Seulong starring in 'Hotel King' and Jinwoon taking on variety show 'SNS Expedition'.