On November 20, Munhwa Ilbo reported that BlackPink agreed to maintain their group contract with YG Entertainment. However, the members have not agreed to sign individual contracts with the company.
Korean media reported that BlackPink agreed to maintain their group activity contract with YG Entertainment.
It is known that 2 out of 4 members have signed contracts with YG to continue working with BLACKPINK. It has been confirmed that YG will officially announce after signing with the remaining members. However, no member has agreed to sign a personal contract with YG yet.
Regarding this information, YG Entertainment responded: "We are still discussing, nothing has been confirmed yet."
The contract story of BlackPink members has received attention from the public and the media. Over the past several months, a series of rumors have shown that YG is having difficulty negotiating a contract with BlackPink.
Last September, it was reported that three members Jisoo, Jennie, and Lisa were expected to leave the company and move to another company, but would continue to participate in group activities for 6 months a year. These three members are in the final stages of discussion with the goal of working "individually and together".
However, the members have not agreed to sign individual contracts with this company.
Jisoo and Lisa have both reportedly accepted exclusive contract offers worth tens of billions of won from Korean companies. Their potential has attracted the attention of foreign investors. Jennie said she is working on a solo album that is "unique, full of Jennie's style and only Jennie has".
The news shocked the entertainment industry and even affected YG Entertainment's stock price at the time. The management company's stock plummeted at the end of September.
Although the management company denied all baseless rumors, this still makes fans worried about BlackPink's future activities.
Le Chi
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