The future of the 4th generation group in question after the company has declared bankruptcy

The future of the 4th generation group in question after the company has declared bankruptcy

The group has not returned for over a year.

In 2012, The Girl Group Exid debut, the first below AB EntertainmentWhich Banana culture subsequently acquired.

Exid-Fire-Song-Billboard-1548
Exid | BInlatable

CEO of AB Entertainment, the legendary producer Shinsadong tigerHe continued to work with the group after this, also in the popular song of the group “Up & Down”. In 2020, the producer, in collaboration with Universal musical groupHe announced that he would debut with a new group of girls the following year.

On February 17, 2021, TRIBE He made their debut as a group to seven members.

Tri.be_diamond_group_concept_photo_1
Tri.be | Tri -entertainment

Over the years, the group has remained active; However, Shinsadong Tiger died in February 2024, a few days after the group’s last musical release.

It stands
Shinsadong tiger

Since then, Tri.be has not returned, leading some to wonder what was going on with the group. On March 18, an unexpected update was given, with the media that reported that Tranteinment had failed.

Reports say that on March 13, the sixteenth bankruptcy division of the Soul bankruptcy court He declared a simplified bankruptcy for TranTainment. The simplified failure applies when the activities of a debtor amount to 500 million krw or not at the time of the declaration.

The reason for the failure declaration has been reported as financial difficulties, since the company has seen a drop in revenue and transactions suspended with investors following the disappearance of Shinsadong Tiger.

Tri.be suspends all the times after the disappearance of Shinsadong Tiger

With this news, some have expressed concern for Tri.be, as well as the other artists under entertainment (Exid‘S THE and singer U sung eun).

There have been no advertisements officially on what will happen to artists under entertainment as for writing.

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