Red Velvet's Full-Group Renewal Nears Completion as Joy Signs New Contract with SM Entertainment

Red Velvet, one of K-pop's leading groups, is on the verge of completing a full-group contract renewal with SM Entertainment. Following Seulgi and Irene, Joy has recently signed a new contract with SM, marking a significant step towards the group's continued success. With Wendy and Yeri's renewals still pending, the industry is optimistic about Red Velvet's future activities.

SM Entertainment expressed their excitement about continuing their journey with Joy, highlighting her potential not only as a member of Red Velvet but also as a solo artist and actress. Joy shared her thoughts on the renewal, emphasizing her desire to move forward positively with SM and to showcase her diverse talents to fans.

Since her debut with Red Velvet in August 2014, Joy has also made a name for herself as an actress, appearing in various dramas. Despite rumors of her considering a move to an acting-focused agency, Joy chose to stay with SM to continue her group activities.

Red Velvet recently demonstrated their commitment to SM by performing at the 'SM Town Live 2025' concert, further solidifying their bond with the agency. As Red Velvet approaches a new chapter, the K-pop community is closely watching the 'renewal trend' among groups, with acts like Stray Kids and (G)I-DLE also successfully renewing their contracts, signaling a strong future for their group activities.