[NEWS] 130214 JYJ Looking to Sign a New Contract with a New Record Label in Japan

JYJ is currently out looking for a new partner in Japan to support its promotions in the country.

According to many media outlets in Japan, following its triumph in a long and winding legal case against its Japanese agency Avex in January, JYJ has received many love calls from pretigious local record labels.

One outlet reported, "Despite the fact that K-Pop′s popularity is at its lowest in Japan, JYJ can still make profit with its strong fan base. The group can draw audiences with its live performances."

A local official stated, "Large agencies have been sending offers, but we believe one agency is already a strong candidate."

A rep from C-JeS Entertainment told enews, "It is true that following the winning of the suit, the group has been meeting actively with Japanese companies. It′s been holding many talks to look them over carefully and strike a deal with a trustworthy and stable partner."

On January 18, the Tokyo District Court denied Avex the right to claim exclusive management rights over JYJ′s Japanese activities. It also ordered Avex to pay compensation of 660 million yen (approx. 7.8 billion won) to the group as well as 1 million yen (approx. 11 million won) to the C-JeS Ent. rep on defamation claims.

Photo credit: C-JeS Entertainment

Source : enewsworld