YG Entertainment has officially announced that their girl group, 2NE1 is disbanding.
Although the group will no longer be together, CL and Sandara Park will stay with the company on solo contracts but Park Bom has not re-signed.
In an official press release YG said that as of May 2016, 2NE1’s exclusive contract with YG was over. Seeing as Minzi was no longer able to continue with the group, YG, along with the members, decided to officially disband 2NE1 after many discussions.
The statement said that as 2NE1 has been the representing girl group of YG for the last seven years, they cannot express how sad they are. However they have decided that it would be too hard for them to stay as a group. Rather than waiting on 2NE1’s uncertain return as a group, YG has decided to focus on the members’ solo careers.
"We would like to thank everyone for their love and support for 2NE1 and their music," the statement said. "As of May 2016 we have signed solo artist contracts with CL and Sandara Park and Park Bom has not resigned with YG."
WINNER also announced in breaking news that Nam Taehyun would be leaving the group permanently. However, the group will continue on without him.
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