BTOB is at present in discussions with Dice Leisure concerning the trademark rights for the group’s title.
Earlier, Dice Leisure formally announced that BTOB has parted methods with the company after 11 years following the expiration of their contracts.
Again on November 1, reports emerged that as BTOB approached their second contract renewal with Dice, the group had been approached by different businesses who supplied them a bunch contract payment of 6 billion gained (roughly $4.6 million). By November 6, Sports activities Chosun reported that though all BTOB members have been dedicated to holding the group intact and had been negotiating contract phrases with Dice Leisure as much as the ultimate phases, the renewal negotiations fell aside when Dice requested a portion of the group’s whole income in trade for granting them the trademark rights to make use of the group’s title.
In response to the studies, Dice Leisure clarified, “The contract payment that has been repeatedly talked about within the articles was not a matter that was mentioned with us, and we additionally don’t know the supply of such data.” They additional defined, “Concerning the group title BTOB, we’re positively discussing with the members regarding trademark rights. We are going to present additional data as soon as we’ve got reached a last determination. Presently, we’re unable to offer particular particulars and confirm the supply of the knowledge talked about within the articles.”
BTOB debuted below Dice Leisure in 2012. In 2018, all of the BTOB members renewed their unique contracts with Dice Leisure.
Keep tuned for extra updates!
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