Bobby, a member of K-pop boy band iKon, will not renew his contract with the act's agency YG Entertainment and the industry and fans are left wondering about the future of the group and what the next steps are for the rapper. According to industry sources on Tuesday, Bobby of iKon will not extend his exclusive contract with YG Entertainment. An industry insider, who claims to be familiar with YG Entertainment and its artists, told the Korea Herald that Bobby has decided not to renew his con