Ryu Jun Yeol, Moon So Ri, and others at risk of losing homes as CJeS Studio undergoes major management restructuring

CJeS Studio, which is dwelling to actors cherish Ryu Jun Yeol, Moon So Ri and more, is discontinuing its actor administration alternate, as reported by Okay-media outlet JTBC on April 23. This resolution comes as segment of a major reorganization, focusing on core companies comparable to assert introduction, albums, and manufacturing. CJeS Studio’s switch got here four months after YG Entertainment decided to make the identical, hinting at a doable shake-up in Korea’s actor administration sector.

The resolution of CJeS Studio’s principal reorganization of the firm became as soon as taken for that reason of unavoidable repercussions of managing different actors and moreover investing in other sectors cherish song. A manual of the agency told Korean media shops, “We are at imprint focusing on our core companies centered on assert, albums, and manufacturing, and are within the strategy of enhancing our constitution and streamlining our structural effectivity by reorganizing pointless worth constructions.”

The abilities administration powerhouse at imprint properties over 30 actors, collectively with veterans cherish Moon So Ri, Ryu Jun Yeol, Sol Kyung Gu, Ra Mi Ran, and Oh Dal Su and reasonably younger actors cherish Oh Ha Ni, Park Kyung Hye and Kim Ye Eun. C-JeS Studio moreover properties groups comparable to Noeul and Whibe. With the firm shutting down its actor administration alternate, curiosity has been built regarding where the celebrities could well well stop up subsequent and how it could well well affect their careers.

In accordance with reviews, C-JeS Studio’s administration sector has viewed declining profits over the years, making it unsustainable, which could well well be the motive for the restructuring. A manual of the firm acknowledged, “Here is a strategic adjustment direction of for future suppose, and our sound assert funding and manufacturing capabilities are being maintained the identical as before.” It indicated that they’ll continue with the conventional operations of their other segments.

They added, “Preemptive funding and manufacturing of drama/entertainment/song assert are proceeding with out a hitch, and we’re within the strategy of extra strengthening alternate effectivity and profitability by structural improvements.” Confirming the reorganization data to be appropriate, they said, “C-JeS Studio will continue to make efforts for sustainable suppose sometime of the entertainment industry sometime.”