On January 6, it was announced that IU signed an exclusive contract with Edam Entertainment.
Edam Entertainment is a newly-established management agency that was founded by IU's manager Bae Jong-han.
Bae Jong-han had been working as IU's manager for the last 12 years since her debut in 2008.

Kakao M is where IU started out her career as a K-pop artist, and this means she will be leaving Kakao M after 12 years.

(Credit= 'dlwlrma' Instagram)
(SBS Star)