TWICE renews their contracts. Act 2 begins.

 All members of the group TWICE (Nayeon, Jeongyeon, Momo Sana, Jihyo, Mina, Dahyun, Chaeyoung, Tzuyu) renewed their contracts with JYP Entertainment (hereinafter referred to as JYP) to break the jinx of "The Seven Years of Magic" and open the second act of their group activities.

JYP said on the 12th, "We have renewed our contract with all members ahead of the expiration of TWICE's exclusive contract this fall."

The group TWICE, which debuted in October 2015, is a girl group composed of nine members selected through Mnet's survival program "SIXTEEN." At the same time as his debut, he became the best girl group in Korea by making hits such as "OOH-AHH," "Cheer Up," and "TT." Since then, it has emerged from overseas activities and established itself as a representative girl group of K-pop.

The record is unprecedented. Over the past seven years, it has been a hit with 10 million cumulative sales of albums in both Korea and Japan, as well as winning the prestigious K-pop awards.

In addition, it became the first K-pop girl group to enter the North American Stadium through the shortest period of time since its debut in Japan, third place on the "Billboard 200" chart in the United States, and world tour.

There is a jinx called "The Seven Years of the Devil" in the music world. In 2009, when the Fair Trade Commission prepared a standard contract that sets the exclusive contract period between celebrities and agencies for up to seven years, most idol groups were active based on a seven-year contract, and the group was often disbanded from this seven years.

Even if a number of idols are disbanded without exceeding "the magical seven years," or the team is maintained, some members sign contracts with new agencies. Or, there are many cases where some members leave the team and the group is reduced.

Nevertheless, the fact that the multi-person group TWICE has renewed its contracts with all members is drawing keen attention. Fans are also cheering for TWICE's next move, expressing their joy in renewing the full-length contract.

Regarding the renewal of the contract with TWICE, JYP said, "TWICE, which played a decisive role in establishing the status of K-pop entertainment company JYP, and JYP, which has been a strong support for TWICE's growth as a representative K-pop girl group, agreed to renew the contract."

TWICE is expected to start its second act with strong support from JYP. Expectations are high for the synergy that the nine TWICE members will create as they have recently completed their North American stadium tour and continued their popularity by recording more than 600,000 sales of their existing albums this year even though the group did not release a new album as a whole.