MOMOLAND’s agency MLD Entertainment faces unpaid employee wages? “Even severance pay not settled”
It has been reported that MLD Entertainment, the agency that created the girl group MOMOLAND, is experiencing financial difficulties and is facing issues with unpaid employee wages
On July 17th, Maeil Business Star Today reported that MLD Entertainment (MLD) has been struggling financially and has delayed paying its employees.
According to the report, most employees have resigned, and fewer than five employees remain with the company.
Employees who left due to unpaid wages have not received their severance pay. They reported MLD to the Labor Office, but it is reported that they only received partial payments.
MLD Entertainment was established in 2015 and gained public recognition as the agency of the girl group MOMOLAND.
MOMOLAND gained popularity with hit songs such as “BBoom BBoom”, “BAAM” and “Yummy Yummy Love”, but officially ended their activities on January 27th last year.
MLD launched idol groups such as TFN, Lapillus and HORI7ON but did not achieve significant success.
According to the report, MLD CEO Lee Hyung-jin is currently staying in the Philippines to focus on managing the Filipino group HORI7ON. Additionally, TFN, the younger brother group of MOMOLAND that debuted in January 2021, began the process of disbanding last February.
Last year, singer Gill signed with MLD as a general producer and artist, but he has not been active. Additionally, singer Lee Seung-chul signed with MLD in 2022.
Furthermore, the dance crew CocaNButter (Ri.hey, ZSun, Gaga, Bicki, Jillin), which appeared on Mnet’s “Street Woman Fighter”, also belongs to MLD Entertainment.
