Red Velvet‘s Wendy and Yeri have officially left SM Entertainment but will remain part of the group.
In a statement shared on the group’s official social media accounts, SM Entertainment announced their departure from the company.
Hello, this is SM Entertainment.
We would like to inform you that our exclusive contracts with Wendy and Yeri have concluded.
Since their debut as part of Red Velvet, Wendy and Yeri have been actively promoting both as part of Red Velvet and as soloists in their various fields. We have had so much happiness during our time together.
We will cherish all of the moments we have spent together and we sincerely support Wendy and Yeri as they move on to the next chapters of their careers.
In addition, Wendy and Yeri will continue to participate in Red Velvet’s group activities so please look forward to Red Velvet’s bright future.
We sincerely appreciate the generous amounts of love and support you have shown to Wendy and Yeri. Please continue to support them in their new challenges in their respective fields.
Thank you.
— SM Entertainment
Dating back to 2023, the Red Velvet members have been in contract talks with SM Entertainment. Seulgi, Irene, and Joy renewed their contracts in August 2023, February 2024, and January 2025 respectively.
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