The group A.C.E is leaving their agency.
Bit Interactive officially announced on the 21st, "We inform you that the exclusive contract between A.C.E and Bit Interactive will end on March 31, 2025."
They continued, "Ahead of the contract's expiration, after careful discussions, we have agreed to terminate management duties without an extension contract. Unlike past practices, we aim to allow A.C.E to freely use the group name and content without any conditions for their continued and smooth activities after the contract ends."
Bit Interactive also stated, "We are honored to have had countless valuable moments working together with the artist over the past 10 years."
They added, "Ten years ago, we started Bit Interactive with two staff members and five members, meeting through a connection between a manager and a trainee. Our goal was to express the values desired by fans and the societal concerns of the times through music, based on A.C.E's unique color. We have worked hard to find A.C.E's unique musical style, building trust through numerous challenges, and have dreamed of tomorrow together after much intense contemplation."
Furthermore, they expressed, "We have recognized the relationship between the artist and the agency as an equal one, rather than a superior and subordinate relationship, and have shared the struggles and visions faced by the artist. In the face of the inevitable changes over the past 10 years, we hope our relationship has deepened and that we have grown together." They added, "I feel sorry for A.C.E, who have trusted and relied on a lacking representative until now, and at the same time, I sincerely thank them for being able to engage in the music activities we dreamed of together. Although there is great regret, as A.C.E has been a part of Bit Interactive, I wish to support them with more expectations than regrets for their higher aspirations."
All members of A.C.E, who have completed their military service, debuted in 2017. They have released songs such as 'Cactus', 'Under Cover', and 'Goblin'.
Below is the full official statement from Bit Interactive
Hello, this is Bit Interactive.
First of all, we sincerely thank the fans who love our artist A.C.E. We inform you that the exclusive contract between A.C.E and Bit Interactive will end on March 31, 2025.
Ahead of the contract's expiration, we have agreed to terminate management duties without an extension contract after careful discussions. Unlike past practices, we aim to allow A.C.E to freely use the group name and content without any conditions for their continued and smooth activities after the contract ends.
We are honored to have had countless valuable moments working together with the artist over the past 10 years.
Ten years ago, we started Bit Interactive with two staff members and five members, meeting through a connection between a manager and a trainee. Our goal was to express the values desired by fans and the societal concerns of the times through music, based on A.C.E's unique color. We have worked hard to find A.C.E's unique musical style, building trust through numerous challenges, and have dreamed of tomorrow together after much intense contemplation.
We have recognized the relationship between the artist and the agency as an equal one, rather than a superior and subordinate relationship, and have shared the struggles and visions faced by the artist. In the face of the inevitable changes over the past 10 years, we hope our relationship has deepened and that we have grown together.
I feel sorry for A.C.E, who have trusted and relied on a lacking representative until now, and at the same time, I sincerely thank them for being able to engage in the music activities we dreamed of together. Although there is great regret, as A.C.E has been a part of Bit Interactive, I wish to support them with more expectations than regrets for their higher aspirations.
We ask for your continued interest and support for A.C.E's new beginning.
Bit Interactive and I will return as a fan, and as always, we will support A.C.E's future just as consistently as we have. Thank you.
