B.I will probably be stepping down from his place as head of his company 131 Label.

On February 3, 131 Label formally introduced that B.I’d be leaving his place with the intention to give attention to his music, whereas the label could be managed by a brand-new group of “entertainment business professionals.”

The company additionally introduced that whereas B.I had initially deliberate to begin the yr by releasing his international album “Love or Loved Part.2,” he would now be altering his release schedule to return together with his second studio album first as an alternative. B.I beforehand launched “COSMOS,” the primary half of his second studio album, again in 2021.

According to 131 Label, B.I’s second studio album is due out within the first half of 2023, whereas “Love or Loved Part.2” will drop within the second half of the yr.

131 Label’s full English assertion (which bears minor variations to the Korean model) is as follows:

Hello everybody, that is 131.

We want to make an announcement concerning a shift happening in firm operations in addition to in B.I’s upcoming album release schedule. 

1. Change of Direction in Company Operations 

Started out as an impartial label by B.I, 131 has made vital progress and expansions in enterprise operations final yr by the recruitment of hip-hop artist Reddy and putting nice consideration to artist growth. With this as the idea, 131 is now set to restructure the label right into a administration system operated by leisure enterprise professionals, with the intention to absolutely assist B.I and his artistic endeavors as a producer and an artist. With this shift, our label will probably be joined by a various group of pros with experience in publishing, producing, artist administration and extra, which is able to stabilize 131’s enterprise growth and development, in addition to set up the perfect atmosphere for artists and producers to give attention to music and associated promotions. 

2. Change of Direction in B.I’s Album Release Schedule

B.I has been repeatedly working across the clock for a prolonged interval, finishing his international album mission sequence “Love or Loved.” Following the release and promotions of “Love or Loved PT.1” final yr, the artist has been giving his all on finishing his 2nd studio album in addition to “Love or Loved PT.2” concurrently. 

The determination to divide “Love or Loved” into two elements originated from the artist’s intention and want to precise his most clear ideas on the subject of affection. Additionally, he articulated an introductory story on the fearlessness and naiveté of youth in “COSMOS,” the half album of his 2nd studio album, grounded within the thought of everlasting love. After two entire years of putting his give attention to the subject, we’d prefer to announce at this time that after a protracted inside dialogue, B.I’ll now be transferring onto his tales on having “loved.” This is in order that we are able to higher ship his story on youth and like to the entire listeners together with our expensive ID’s. 

And so, as an alternative of our aforementioned plan of beginning the yr with the release of his international album “Love or Loved PT.2,” the artist will put forth his 2nd studio album and specific his tackle “love” to a full completion first, earlier than transferring onto its previous tense, which will probably be launched within the latter half of the yr. 

Please proceed your love and assist for B.I in his endeavor of rendering these two tales all year long. Thank you a lot.

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