Jung Woo-sung Resigns as Executive Director, Rumored Split from Lee Min-jung
SingTao · 1 SOURCES1 day ago2 MIN
Summary
Korean screen icon Jung Woo-sung has abruptly resigned from his role as executive director at Artist Company, the management agency he co-founded with fellow actor Lee Min-jung, triggering widespread speculation about a fallout between the celebrated "Cheongdam-dong Couple." According to a exclusive report by Sports Chosun published on October 9, 2026, Jung tendered his resignation on October 2, leaving his position approximately six months before his three-year term was set to conclude on March 28, 2027 .
Key Points
- Jung Woo-sung and Lee Min-jung established Artist Company in 2016, driven by their desire to build a rational and systematic entertainment management firm based on their extensive experience as actors .
- Both men were appointed as executive directors on March 29, 2024, with Jung holding 1,714,108 shares (10.99%) and Lee controlling 4,225,882 shares (27.10%) of the company .
- The two stars first crossed paths in 1999 through the film "Sun City" (known in Hong Kong as "Triple Twin Treasure"), forging a bond that would span decades of professional and personal friendship .
- In 2020, Jung and Lee jointly purchased a commercial building in Seoul's upscale Cheongdam-dong district for approximately 33 billion won (about 194 million HKD), demonstrating their substantial investment in the company's future .
- The 2022 spy action film "Hunt" marked another collaboration between the pair, with Lee both directing and starring alongside Jung .
Why It Matters
The departure of such a high-profile co-founder raises questions about potential shifts in Artist Company's strategic direction and could signal broader changes in how Korean entertainment agencies are structured, particularly regarding the balance between artistic collaboration and business management . For Hong Kong audiences who have followed Korean content through streaming platforms and cinema releases, the dissolution of this iconic partnership marks the end of an era in cross-border Korean entertainment synergy .
The departure of such a high-profile co-founder raises questions about potential shifts in Artist Company's strategic direction and could signal broader changes in how Korean entertainment agencies are structured, particularly regarding the balance between artistic collaboration and business management . For Hong Kong audiences who have followed Korean content through streaming platforms and cinema releases, the dissolution of this iconic partnership marks the end of an era in cross-border Korean entertainment synergy .