News came out that Baekhyun had started his own record label called "I&B100."
There were rumors last year that the singer was going to start his own business, and he told his fans the truth through a live stream. Next, on January 3, Ten Asia revealed the name of the company that Baekhyun started.
According to reports, Baekhyun has done everything he needs to do to become CEO and is now officially listed as an internal director.
He had said before that he was going to do solo projects through his new business and keep working with SM Entertainment on EXO's group projects.
There are also rumors that Chen and Xiumin will join Baekhyun's new label.
A lot of commenters and fans are excited about Baekhyun's future projects and are supporting him with his new company.
They mentioned, "I don't care about the complexities, I just want him to quickly make a solo comeback," "While he's at it, I want him to file lawsuits against all the malicious commenters," "I'm excited about Baekhyun's solo album!" "I don't think it's a problem that he established his own company, I think the media just made a big deal," "I think Baekhyun wanted to be in the position where he can do what he wants to," "This is official now right?" "Please have more concerts and release more songs," "If Chen and Xiumin join, we can see more activities from the trio," "He's amazing," "I was wondering what he was doing since I wasn't able to see him for so long," and also "This is impressive."
Source(1)