It seems that it is the end of things between the girl group MOMOLAND and their agency MLD Entertainment.
On January 27, the agency announced in a statement shared with the press that the exclusive contracts between the six remaining MOMOLAND members (Hyebin, Jane, Nayun, JooE, Ahin, and Nancy) will be terminated after the expiration of the said contracts.
The agency said that after a long discussion with the members, it was agreed with mutual respect that they will not renew and that they will support the future of the members.
They also thanked MOMOLAND for being their artist for a long time and asked the fans to support them in their journey as they make a new start.
It is unclear if MOMOLAND will completely halt all group activities and disband completely, or will continue with another agency or management company as of press writing.
MOMOLAND made their debut in November 2016 as a product of the reality show “Finding Momoland”, with the album “Welcome to Momoland”. They also have multiple smash-hits such as “Bboom Bboom!”, “BAAM”, “Thumbs Up”, and more. -HallyuLife.com
