K-pop group (G)I-DLE. Photo from (G)I-DLE's X accountAll five members of (G)I-DLE have renewed their contracts with Cube Entertainment, the K-pop agency confirmed Monday, ending months of speculation about the chart-topping girl group's future with the company.

"We are pleased to announce the successful renewal of contracts with all members of (G)I-DLE," Cube said in a statement posted on the group's X account.

"We would like to express our sincere gratitude to (G)I-DLE for their trust and commitment, which have made this important step possible as we move forward into an exciting new chapter," it added.

Photo from (G)I-DLE's X accountWhile Cube did not disclose the length of the new contracts, the company assured fans of its commitment to "strengthening the brand that (G)I-DLE has built over the past seven years."

Cube's statement confirmed the announcement made by the five-member group at the Melon Music Awards (MMA) last Saturday, where they revealed that they had signed new contracts with the agency.

"My contract expired, and these days there are many articles being released that are like ‘(G)I-DLE is disbanding’ or ‘(G)I-DLE is over.’ However, not me alone, but the five of us all decided to renew our contracts together," leader Soyeon said, as translated by Soompi, during the group's acceptance of the Record of the Year award, one of the grand prizes at the MMA.

"The five of us will be together from now on, next year, the year after, and really forever, so I hope Neverland won't worry," Soyeon added, referring to the group's fans.

In K-pop, idol contracts typically last for seven years, after which artists must decide whether to renew with their agencies or sign with other companies.

Also consisting of Miyeon, Minnie, Yuqi and Shuhua, (G)I-DLE debuted in 2018, steadily garnering a large fan base with their self-produced songs that often tackle themes of empowerment and self-love.

In 2022, the group achieved domestic chart-topping success with their first studio album “I Never Die” and its single “Tomboy,” the latter garnering acclaim from Billboard as the best K-pop song of the year.

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