Cube Entertainment co-founder and chairman, Hong Seung Sung, will be stepping down from his position.
On July 22, he announced he will be officially leaving Cube Entertainment.
Through his post on social media, he shows his gratitude to supporters of the agency and apologizes for his sudden departure.
He also apologizes for being unable to resolve internal issues with the company, and expresses hope that people will continuing supporting current and future artists, such as BEAST, BTOB, CLC, HyunA, and more.
Hong Seung Sung's departure is a unanimous decision between him and Cube Entertainment, who is in the midst of preparing for HyunA's comeback and Pentagon's debut.