[TRANS] Announcement regarding Girls' Generation Kwon Yuri Contract Expiration
Hello, this is SM Entertainment.
We sincerely thank all the fans who have consistently shown their love and support for Kwon Yuri.
After extensive and thoughtful discussions with Kwon Yuri, we have mutually agreed to conclude our 19-year journey together as of August 31.
Since her debut as a member of Girls' Generation in 2007, Kwon Yuri has helped lead the global KPop wave and grown into a representative artist of her generation. It has been an honor and a privilege for SM Entertainment to accompany her throughout that remarkable journey, including her successful career as an actress.
We would like to express our deepest gratitude to Kwon Yuri for her outstanding achievements as an all around artist excelling across music, acting, variety shows, and hosting.
Although the exclusive contract has come to an end, Yuri's activity as Girls' Generation will continue as before without any changes.
We wholeheartedly support Kwon Yuri as she embarks on this new chapter of her career.
Thank you.