According to multiple sources, it has been revealed that BEAST has decided not to renew their contract with CUBE.
According to multiple entertainment insiders on the 16th, BEAST is extremely thankful to CUBE who provided them with the basis of success and growth. However, they have decided to pursue new challenges and therefore decided not to renew their contract with them and have all agreed to establish an independent company.
The members have all hinted at what happened on their SNS>
Yoon Doo Joon was seen stating “BEAST’s 2nd chapter is now beginning. Fighting everyone.” and Song Dong Woon stated “I know this is all confusing and I am sorry but please be a little more patient.”
Source: Sports Donga