IU Re-signs with LOEN Entertainment
kpride, June 3, 2015, 12:20 p.m.
K pop solo artist IU has renewed her contract with LOEN Entertainment before the full expiration of her contract. LOEN Entertainment said, "Ahead of LOEN Entertainment's IU's upcoming contract expiration in September, we have completed the signing of her contract renewal."
They added, "Ahead of the contract expiration in September, we have been discussing her contract renewal since April. IU has agreed to continue as an artist under LOEN Entertainment for another three years. Based on the trust over the time together, we have renewed the contract without a contract deposit."
Lee Ji Eun, better known by her stage name IU, is a South Korean singer-songwriter and actress. Her stage name is derived from the phrase "I and You", symbolizing that people can become one through music. Her fan club name is Uaena, where each syllable has a different meaning: "U" is "You" from English, "ae" is Sino-Korean for "love", and "na" is Korean for "me".