On May 15, 2025, Billboard officially reported that Stray Kids renewed their contracts with JYP Entertainment, coinciding with a significant 16.4% uptick in artist compensation by the agency. This revelation emerged from Billboard’s comprehensive analysis of JYP Entertainment’s recent financial outcomes.
The renewal of contracts for all eight members was revealed in July 2024, well before their initial agreements were set to expire in early 2025, signaling a strong commitment from both the artists and the agency.
Fans expressed their enthusiasm on various social media platforms, celebrating the group’s efforts that contributed to this increase in artist fees. An enthusiastic user on X, @delu_pisces, shared their excitement:
“AS THEY SHOULD!!!”
Many fans emphasized that this 16.4% increase demonstrates JYP’s dedication to investing in Stray Kids’ future. A fan noted:
“oh wow billboard gave us our first confirmation that the kids successfully negotiated for more money from the company!”a fan commented.
“Yep absolutely right, this is the way to go,”an X user mentioned.
“Get that bag skz. Yall work so hard,”a netizen wrote.
Other fans acknowledged that such raises were well-deserved, highlighting the group’s self-produced music and their vast contributions to the company’s revenue. A fan remarked:
“jype should have done this way earlier but thank god our skz deserves all the best,”a fan added.
“As the money makers of the, they absolutely should! !!”another person remarked.
“SUCH A GOOD NEWS. Not gonna lie, this comforts me a bit,”an X user commented.
Expanding Horizons: Stray Kids’ Global Impact and Future Endeavors
Since their debut under JYP Entertainment in March 2018, Stray Kids have skyrocketed to international fame after capturing audiences through the survival show that shared their name. Their contributions—ranging from chart-topping albums to sold-out tours—have significantly boosted JYP’s profile within the competitive K-pop industry.
In a recent announcement, Stray Kids were named the global ambassadors for Pepero, succeeding NewJeans. This partnership with Lotte Wellfood is designed to enhance the global appeal of Pepero products, with promotions leading up to the Pepero Day celebration on November 11.
Moreover, the group is set to release their third Japanese mini-album titled “Hollow”on June 18, 2025. This album will feature six compelling tracks, including titles like “Parade,””Never Alone,”and “Fate,”alongside special and member-specific editions.
To commemorate this album release, Stray Kids have planned exclusive fan engagement events in Japan, which will include a Public Sound Check and the WeZOO Two-Shot Photo Session, allowing fans to connect with the group in special ways.