Rain transfer ownership of Ciipher Group to another agency? The agency replies ⋆ K selection

Rain transfer ownership of Ciipher Group to another agency? The agency replies ⋆ K selection

Ciipher is a group formed by singer Rain’s company under the RAIN Company. They debuted in 2021 with “I Like You” from the mini-album “I Don’t Care”.

Rain would sell ownership of Ciipher Group to another agency?  The agency responds

According to multiple media reports on November 28, Rain decided to transfer the group to another company. This would therefore mean that Rain would no longer be involved in Ciipher’s activities.

Rain would sell ownership of Ciipher Group to another agency?  The agency responds

However, Rain Company immediately refuted this. The Rain Company released an official statement the same day stating:

“The article published by a media outlet that day is completely unfounded. We haven’t discussed anything about the transfer of ‘Ciipher’. “It’s unclear why this report suddenly came out, but the agency flatly denied it anyway, so the controversy should die down sooner or later.”

Rain would sell ownership of Ciipher Group to another agency?  The agency responds

In addition, Rain has always actively encouraged the group and shown affection. Thanks to this, Cypher received wide attention even before its debut. Cypher also expressed his gratitude, saying: “Ji-hoon hyung really takes care of us like an older brother.”

Rain would sell ownership of Ciipher Group to another agency?  The agency responds

Meanwhile, on May 11th, the group made a comeback with their third mini-album, THE CODE, and the title track, Fame.

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