C-JeS Studio, the entertainment agency that handles actor Ryu Jun Yeol, has acquired Creative Group ING.
According to industry sources on April 5, C-JeS Studio has recently purchased a full stake in Creative Group ING for 1.3 billion won.
Up to now, despite having the same largest shareholder, the two companies have been running independently. However, with this acquisition, they are anticipated to merge their management and jointly handle artists
Additionally, C-JeS Studio also bought a 51% share in J&Agent, another entertainment agency, for 1 billion won. This action is seen as a strategy to address C-JeS Studio’s recent financial struggles, as the company faced an operating loss of 6.5 billion won last year and has been in the negative for two years in a row.
C-JeS Studio represents actors Sol Kyeong Gu, Oh Dal Soo, Park Sung Woong, Moon Sori, Kim Jae Joong, Lee Jae Wook, Ryu Jun Yeol, Ra Miran, Gummy, and more.
On the other hand, Hyeri stands as the sole artist in Creative Group ING.
Hyeri and Ryu Jun-yeol ended their eight-year public relationship in November last year. Following this, My Roomate is a Gumiho actress sparked controversy by posting “It’s fun” on her account amidst Han Sohee and Ryu Jun Yeol dating rumors.
On another note, Ryu Jun Yeol is gearing up for the release of the Netflix series The 8 Show, while Hyeri is set to appear in the upcoming movie Victory.