On December 27, Woollim Entertainment announced that the exclusive contracts with Golden Child and Rocket Punch have ended.

According to the agency, the exclusive contracts for five Golden Child members — Lee Da Yeol, Y, Bae Seung Min, Bong Jae Hyun, and Kim Dong Hyun — will officially end on December 31, 2024. In the same way, the exclusive contracts for four members of Rocket Punch—Yeonhee, Yunkyung, Sohee, and Dahyun—will officially end on December 31, 2024. All nine idols have agreed with the agency that they will not renew their contracts and will pursue their individual paths.

With the majority of their members departing, the future of Golden Child and Rocket Punch remains uncertain.

Korean netizens and fans have gathered in a popular online community to express their concerns for both groups. They commented:

"Rocket Punch members are still young so it's okay but I'm worried about Golden Child."

"Then which group is left at Woollim Entertainment?"

"Is Woollim going to disappear?"

"I wonder if Woollim Entertainment is going to close their business."

"This agency is really bad at acting."

"It's such a waste for these members."

"I can't believe Golden Child lasted this long, to be honest."

"Why did Golden Child renew their contracts?"

"I feel so bad."

"I think Kwon Eun Bi is the only one earning money for Woollim, lol."

"What're you going to do Woollim?"

"Woollim not working? What are they doing?"

"These talented members are going to waste, seriously."

"I thought Golden Child was kind of successful."

"Wait, didn't Golden Child renew their contracts?"

"This is so ridiculous."

"Woollim is so bad at doing the basic things to make an idol group successful."

"I can't believe they're leaving. What's going to happen to the groups?"

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