After parting with Blossom Entertainment, Park Bo Gum reportedly joined a number of large agencies such as YG Entertainment to HYBE. However, this news was denied by the management. Finally, Park Bo Gum officially announced his new 'home'. He joined the agency The Black Label which also houses Taeyang BIGBANG, Jeon Somi, to Zion.T.

The news was officially announced by The Black Label through a statement released a while ago. "We have signed a contract with Park Bo Gum, one of Korea's best actors who has earned the love and trust of the wider public during his career as a TV and big screen actor," said The Black Label.

"We are very happy to be working with actor Park Bo Gum whose influence can be felt globally," he continued. The Black Label promises to maximize Park Bo Gum 's potential to undergo promotions in the entertainment world. They promised to provide support to the actor for projects at home and abroad. "As an actor, Park Bo Gum has many talents as well as charms. 

We will maximize The Black Label's strength so that it can deepen its charms in various areas, including as an actor. We will try our best to support Park Bo Gum's career around the world," he concluded. Previously, Park Bo Gum parted ways with Blossom Entertainment after 10 years together. The actor chose not to renew the contract with management. 

"We decided to respect Park Bo Gum's decision, who has worked with us for a long time. We both agreed to wish the best for each other's future," Blossom Entertainment said in an official statement at the time. "We want to thank Park Bo Gum who has trusted us for a long time. We also thank the fans who continue to support Park Bo Gum," he concluded.

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