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YG Entertainment confirms contract renewal with the group

Negotiations for contract renewal between BLACKPINK members and YG Entertainment lasted about four months

After about 4 months of negotiations, the contracts between BLACKPINK members and agency YG Entertainment have been renewed for group activities! The information was confirmed by the company this Wednesday, 6th, through a statement sent to the Ilgan Sports portal, as reported by the Koreaboo portal.

After careful discussions with BLACKPINK, we signed exclusive contracts for the group’s activities based on deep trust,” YG wrote.

Additionally, YG Entertainment’s executive producer, Yang Hyun Sukalso shared how he feels about the renewal of contracts, given that now, new albums and more world tours are once again part of the group’s plans.

We are happy to be able to continue our relationship with BLACKPINK. BLACKPINK will continue to do their best to shine even brighter in the global music market as artists who represent not only our agency but also K-pop, and we send our unwavering support and faith for their future steps.”

It is worth remembering that the BLACKPINK members’ exclusive contracts with YG expired in August this year and, since then, the renewal of the link between the group’s members and the company was under discussion.

Furthermore, it is worth highlighting that the new contract was signed so that Jisoo, Jennie, Lisa It is Rosé return to carrying out group activities, therefore, it is possible that the contracts for the members’ individual activities are still under discussion with YG, or even that they choose to sign with a different agency. The details have not yet been revealed to the public.

Source: Recreio

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