Wanna One will reportedly be disbanding after their Gocheok Dome concert in January without an extension to their contract.
Wanna One’s contract extension had been discussed for quite awhile now. While their contract was set to expire on December 31, 2018, it had been rumored that the contract could be extended by 1 or 2 months.
Fans were split on whether or not it would be better for Wanna One to extend their contract or not.
In the end, they have decided to stick to their original contract expiration date but continue promotions until January 2019 in order to attend the year-end award ceremonies and hold their farewell concert. Swing Entertainment, CJ E&M and the agencies of each member have agreed to disband Wanna One without any extensions.
Swing Entertainment announced the news through Wanna One’s official fan cafe. Read the full statement below:
“Hello, this is Swing Entertainment.
We announce that Wanna One’s contract is expected to be expired as of December 31, 2018. After the expiration date, (Wanna One) will continue to attend official promotions such as award ceremonies as planned and all official promotions of Wanna One will come to an end with their January concert.
We thank the 11 members of Wanna One, who have shown us great achievements for approximately 1 year and a half starting from August 2017.
Swing Entertainment and the related staff will do our best for Wanna One until the very end and we will support the new beginning and promotions of the members in the future.
We sincerely thank the Korean and international fans who have loved Wanna One until now and we ask that you continue to bless and support the remaining activities and the future of our Wanna One members.