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K-pop entrepreneurs are opening up shop for the new year. Lee Won-min, founder of girl group Oh My Girl's agency WM Entertainment, founded a new agency named MW Entertainment, the newly-formed company said Wednesday.

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K-pop entrepreneurs aim to redefine industry with new agencies this year

The remaining three members of boy band B1A4 have parted ways with WM Entertainment after their exclusive contracts expired, the agency said Tuesday.

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B1A4 members depart WM Entertainment after contracts end

Oh My Girl will release its new single, "Weather Diary," on Tuesday, WM Entertainment said Friday. The track was first unveiled during the group’s 10th anniversary concert, “Milky Way,” held in April.

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K-pop entrepreneurs aim to redefine industry with new agencies this year

B1A4 members depart WM Entertainment after contracts end

'Oh My Girl' to release new single 'Weather Diary' on Tuesday