J.Tune denies bankruptcy; MADTOWN left for GNI > K-POP

(Photo: J.Tune Camp @ Twitter)

According to xportsnews (February 20th), J.Tune Camp has closed down and is no longer an active company.  

The article further states that J.Tune Camp has rounded up contract issues with its artists and staff members.  MBLAQ are not active now as two of its members, G.O and Mir, are in the military.  MADTOWN, on the other hand, has already changed their labels to GNI Entertainment as of December 22, 2016.  

J.Tune Camp denies these allegations and say that they are waiting for MBLAQ to return and are preparing to debut new artists. However, both members enlisted in 2016, so they will not be able to make a comeback in the near future.  Furthermore, J.Tune Camp's Twitter and Facebook fanpages have not had any updates since November of last year.

Written by Korea.com's Christine