South Korean boy group BTOB introduced on Wednesday, February 21, their new label “BTOB Company.”

Korean outlet Soompi reported that entertainment company DOD Entertainment said the "BTOB Company” was created for BTOB members Eunkwang, Minhyuk, Hyunsik, and Peniel.

A BTOB Company representative said it would support the members’ future activities.

“We plan to present the members being active in various fields in the future. As the members have strong will to work as a full group, we will support them so that they can prioritize group activities,” they said.

In the same report, “BTOB Company” had a deal with Cube Entertainment, which the K-pop boy group signed with for 11 years, concerning trademark rights for BTOB “so that they can continue their activities under the existing group name.”