Wendy and Yeri Depart from SM Entertainment but Remain with Red Velvet

On April 4, 2025, SM Entertainment announced that Wendy (웬디) and Yeri (예리) of the popular girl group Red Velvet (레드벨벳) will be leaving the company as their exclusive contracts have ended. The agency expressed gratitude for the time spent with the two members, highlighting their contributions both as part of the group and as solo artists. SM stated, "The time we spent with Wendy and Yeri has brought us great joy. We will cherish all the moments we've shared and sincerely support their new beginnings."
Despite their departure from SM, both Wendy and Yeri will continue to participate in group activities with Red Velvet, and the agency encouraged fans to look forward to the group's future endeavors. Previously, other Red Velvet members, Seulgi (슬기), Irene (아이린), and Joy (조이), had renewed their contracts with SM Entertainment.