The CEO of BGent spoke up about 14U's disbandment.
On May 13, the CEO stated to E Daily, "It was decided after considering each members' opinions," and revealed, "I've clearly terminated (the contracts) without demanding penalty fees from the members... I told them they worked hard, and I even calculated their last payments and tried to deliver good vibes."
A former employee of BGent also stated 14U's earnings were actually at a deficit due to their short length of promotions. However, the CEO made the tough decision to disband the group upon the members' wish and sacrificed himself to provide more for them.
Regarding the reports claiming 14U disbanded due to a member's inappropriate sexual relationship with the head director and an international fan, the CEO stated, "I was on a business trip to Japan so I just came across the news and it's just shocking," and denied the reports, stating, "It's not true at all."
Meanwhile, 14U is a 14-member boy group that debuted with 'VVV' in July 2017.
SHARE
If you really beleive CEO's terminate contracts of artists that they spend that much money on and received no returns out of the goodness of there hearts your naive and gullible.