Fantagio Artists Are In “All Stop” Mode After Yet Another Executive Gets Removed By Chinese Ownership

The representative director of Fantagio Entertainment, Wei Jie of the Chinese JC Group, unilaterally dismissed Woo Young Seung, the executive representative of Fantagio Music. They’ve reportedly replaced him with his Chinese secretary. Woo Young Seung submitted his letter of resignation on the morning of the 13th.

Fantagio Music is a subsidiary of Fantagio Entertainment and is responsible for the company’s music and audio business. Artists such as HELLOVENUS, Dave, ASTRO and Weki Meki all belong to the label.

One of the issues with this dismissal is the fact that the leaders of Fantagio and Fantagio Music now do not hold proper license to run a pop culture and arts business in Korea. In order to run a pop culture and arts business in Korea, a person with at least 4 years of experience in the business must be listed as the representative or a registered executive. However, since the dismissal of Na Byung Joon and now Woo Young Seung, the company no longer has any executives with the proper license. The company announced that they would be appointing a registered director within 45 days through a general meeting but apparently, it is essentially being run illegally at the moment.

With the dismissal of the former representative, activities of the artists may be halted and their future now lies in the hands of Wei Jie and the direction of his new management staff. Fans have began expressing their concerns about the future of their favorite artists.

Fans concern over Wanna One Ong Seongwoo‘s career as he had signed an acting contract with Fantagio. Thankfully, his schedules are currently managed by YMC Entertainment until the end of this year, so his activities will not be affected immediately.