Kim Sungkyu becomes CEO of 100-pyeong Infinite Company “Establish by private money, Infinite 9 – company 1”

Kim Sungkyu delivered the news of the establishment of Infinite Company.

In episode 396 of JTBC’s entertainment show “Knowing Bros”, which aired on August 12th, Kim Sungkyu, Jang Dongwoo, Nam Woohyun, Lee Sungyeol, L and Lee Sungjong of boy group Infinite, who made a comeback as a whole after 5 years, transferred to Brother School.

Infinite members revealed that they established Infinite Company for team activities. Individual activities are carried out by their respective agencies.

Infinite Company’s CEO is leader Kim Sungkyu. When asked about the trademark rights issue with the former agency, he replied, “After discussing with the former agency’s CEO, all the members visited and greeted him. He gladly transferred the trademark rights.”

Nam Woohyun recalled, “I got a sudden phone call from Sungkyu in January. He said that we should establish a company and start our activities in earnest. Honestly, I thought, ‘What is he talking about? Is he going to be a puppet boss?’ But he suddenly established a company.“

To the question “Who paid for the company’s establishment?“, Sungkyu surprised everyone by saying, “I paid for it.“

When asked if he took most of the profits from activities to recover the initial amount of investment, Sungkyu answered, “It’s not like that. 9 for artists and 1 for the company. Profits are divided evenly among the members.” The members acknowledged Sungkyu’s sacrifice as “almost volunteer work”. Nam Woohyun boasted, “The company takes only 1, but it also has an office. Nearly 100 pyeong.”

Source: Daum