On November 23, 2018, it was announced that his contract with Seven Seasons had expired and he decided to not renew it. However, there was no decision about his future with Block B. On January 10, 2019, he officially opened his own label, called KOZ Entertainment, which stands for 'King of the Zungle'.
In 2020, the company became part of HYBE Labels. On May 30, 2023, the first boy group BOYNEXTDOOR debuted under KOZ Entertainment. Zico produced their title track.
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