After Rain’s contract ended with his previous management company, JYP, all eyes were on Rain as he followed another direction with an unknown office somewhere in Cheongdam-dong, Seoul, and has captivated the interests of the entertainment industry as he held a good luck ritual ceremony on the past 20th.
Rumors of large entertainment management companies to spend tens of billions of Korean won on Rain began receiving even more attention when the world began to expect him to create his own entertainment company.
Still, the official company name and questions if Rain is to personally participate in the business himself is left to be answered sometime in mid-August.
Of course, Rain’s decision is still not 100% certain. Rain recently explained, “I prepared an office to continue on with my work, temporarily. The good luck ritual was held because business was not going as planned.”Rain’s contract with JYP ended this May. His presence in a large entertainment company is one to multiply the company’s assets and substantially raise its stock value as well.
His world tour management company Star M also stated, “We have intentions of welcoming Rain”. Although the statement grabbed the world’s attention, with the recent cancellation of his concert in LA, the press conference revealed that it would be difficult for them to take in Rain.
Currently, Rain is concentrated on filming a movie by the Wachowski brothers in Berlin, Germany, called ‘Speed Racer’. He is with an English instructor in Berlin, and his managers are known to be in Korea.
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