With the end of their contract approaching, K-pop septet GOT7 have reportedly parted ways with JYP Entertainment. According to the Soompi, a spokesperson for the entertainment conglomerate said in a statement, "JYP held in-depth discussions with members of GOT7 ahead of their exclusive contract termination on Jan. 19. As a result, the two sides agreed not to proceed with a contract renewal, hoping for a new future."
"GOT7 has performed exceptionally as a global idol group that represents K-pop since their debut on Jan. 16, 2014," the statement continued. "We genuinely thank GOT7 for being part of the growth of K-pop and JYP, as well as I GOT7 and all fans who have been a source of motivation to GOT7’s activities with their endless support since their debut. Our official relationship ends here, but JYP will sincerely cheer on the new future that the GOT7 members will advance into."
The group -- featuring Jinyoung, Youngjae, BamBam, Mark Tuan, JB, Jackson and Yugyeom -- debuted in 2014 and have scored a string of hits including "Breath," "You Calling My Name" and "100 Ways."