EXID's agency Yedang Entertainment will go by new name 'Banana Culture'!
A representative of Yedang Entertainment revealed,"The company plans to merge in a strategic partnership with Chinese media groupBanana Project. Ahead of the partnership, we have decided to change the label's name to Banana Culture."
Banana Project is a Chinese media group known for owning the famousPanda TV. It seems like Yedang Entertainment will become yet another label to join the line of K-pop companies forming partnerships with Chinese investors.