It has been reported that TR Entertainment, where the late Shin Sa-dong-ho-raeng-i served as the chief producer, went bankrupt after failing to overcome management difficulties.

According to the music industry on the 18th, the Seoul Rehabilitation Court’s 16th division declared a simplified bankruptcy for TR Entertainment on the 13th. A simplified bankruptcy is a system that allows for an expedited procedure when the debtor's assets are less than 500 million won.

According to reports, TR Entertainment entered bankruptcy proceedings due to management difficulties, experiencing a lack of revenue following the death of the late Shin Sa-dong-ho-raeng-i.

TR Entertainment was established in 2020, and from 2021, the late Shin Sa-dong-ho-raeng-i served as the chief producer for TR Entertainment, launching the girl group TRI.BE.

Meanwhile, the late Shin Sa-dong-ho-raeng-i, who passed away in February last year, was known as a hitmaker who led K-pop in the late 2000s and early to mid-2010s.

[Photo] TR Entertainment

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