Korean superstar Rain to set up own agency

Korean singer and actor Rain will set up his own management agency, local news reported on Thursday.

The singer, whose two-year contract with Cube Entertainment expired recently, decided to create a one-man agency, an industry insider was quoted as saying in the report.

“After a long discussion with Hong Seung-sung, the head of Cube Entertainment who has been like a father figure to me, I decided to leave the agency,” he wrote on his Instagram earlier last week while sharing his decision to leave the label. “I want to thank him for all the support he has given.”

After finishing his mandatory military service in 2013, Rain joined Cube Entertainment, whose CEO Hong is the former president of JYP Entertainment where the singer-actor made his debut in 2002.

The 34-year-old recently starred in the Chinese TV drama “Diamond Lover.”