Red Velvet’s Wendy & Yeri Leaving Sm Entertainment?(Photo Credit –Instagram)

Red Velvet’s Wendy and Yeri are set to embark on a new chapter of their lives. After over a decade of being under Sm Entertainment, the K-pop stars have decided to part ways with the agency. Although, they will continue to be part of Red Velvet. The decision came after their individual contracts expired with the agency. They have decided not to renew their contracts and hopefully will join a new agency to continue their solo activities.

On April 4, Sm Entertainment confirmed the news of their departure through an official statement. “We are informing you that our exclusive contracts with Wendy and Yeri have come to an end. The time we spent together with Wendy and Yeri, who—after debuting as Red Velvet—were not only active in group promotions but also as solo artists in various fields,...