BEAST is reportedly planning to create their own label following the expiration of their contract from Cube Entertainment.
On October 15, the 7 year contract of the 6 members of Beast (minus Hyunseung) ended. The 5 current BEAST members are reported to not renewing their contract with their label Cube Entertainment and will soon create their own label together.
Also leader Doojoon hinted before that they will not stay in their agency and they want to start a new with the members and loyal fans.
Reports also stated that BEAST are grateful to Cube Entertainment for making their name and all but the members want to challenge themselves and start anew.
Cube Entertainment responded to the reports and stated that there’s no final decision yet if the members will renew or not.