NewJeans' Style Transformation: Rookie Girl Group Barely Recognizable in Airport Attire! Despite the rumors, YG Entertainment has remained tight-lipped, choosing not to confirm or deny the . Copyright 2023 KpopStarz.com. Be first to post one! Through YG and. Officials then continued that these things achieved and will be achieved as one by the quartet "seems to have further increased trust in YG Entertainment.". For these reasons, netizens all think that it is likely that BLACKPINK has re-signed with YG and they are just waiting for the time to announce it. All Rights Reserved. Fans may continuously see BLACKPINK perform together. The other members have not stated plans of making any comebacks yet however, Jennie will be making her acting debut as Anys in The Weeknds HBO program The Idol, also starring Lily-Rose Depp in the lead role. According to music officials and insiders, BLACKPINK which comprised Jisoo, Jennie, Ros and Lisa expected to stay with YG Entertainment FOR THIS REASON. YG Entertainment is said to be in the process of terminating their contract with the label, and Teddy Parks The Black Label is rumored to be in the process of signing them. The quartet, comprising Jennie, Lisa,. We think we create the biggest synergy when there are four of us, they stated. ADVERTISEMENT The disbanded of YGs senior girl group 2NE1 at the height of their popularity has been blamed on a lack of talent in the group. In what seems to be a week (or year) revolving around contract renewals and artists parting ways with their agencies, YG Entertainment closes it off with some surprising news: A . YG Entertainment's artist dating rumour response manual has been maintained this time as well. Actor Kang Dong Won also parted ways at the same time. In addition, Lisa recently bought a real estate property worth 7.5 billion won, proving that she will be staying in Korea in the long-term, and so may have renewed her contract with YG. With BLACKPINK's contract with YG Entertainment set to expire in August, the topic of whether the group members will renew their agreement with the talent agency has been the subject of much discussion on social media. Some viewers implied that "Shut Down" feels like a homage to being able to look back on BLACKPINK's all-time success. Some A-list artists such as Bae Yong Joon, Lee Seung Gi, etc. From Korean and international media to experts and fans, all have their own speculations about the BLACKPINKs contract status, especially with the girl group being a major earner under YG. READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. Fans have been awaiting word on their contract status since the end of the year. The news comes after top Korean brokerage firm NH Investment & Securities stated in a Jan. 19 analyst report that the K-pop girl group is likely to renew its contract with the label. Jisoo, Lisa, Ros, and Jennie are the four members of the group. pic.twitter.com/kWipu5xyuF. Second, some fans were worried about the "Shut Down" MV featuring a large number of scenes of their previous hit songs, such as "DDU DU DDU DU," "Whistle," and "BOOMBAYAH.". This is because it's a win-win situation for both sides. BLACKPINK currently has group activities scheduled well into 2023, with their BORN PINK world tour scheduled to end in late June, and the group slated to headline theBST Hyde Park 2023festival on July 2, 2023, in London. Sports World noted that many industry officials expressed concerns after some experts doubted if the agency could renew their contracts due to several issues. This will be two months out from the end of the contract, which is why YG Entertainment might feel anxious. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! This is not a credible rumor. Back in 2021, BLINKS will undoubtedly present a stunning show. Blackpink has become arguably the most successful and well-known South Korean girl group in the world as they enter the seventh year of their music career. Exploring Roses Relationship Status: Is Blackpinks Rose Dating Anyone? Blackpink is a South Korean girl group formed by YG Entertainment in 2016. Epicstream is supported by its audience. The Battle For The Best: Can Blackpink Beat BTS In The K-Pop Phenomenon? (Saying might because sometime. From what I understand, [agencies] in countries like China expressed their desire to offer guarantees around 100 billion KRW (about $81.2 million USD) won to Lisa, who has complete influence in not only her home country of Thailand but the Southeast Asian market. Following the agency's initial statement earlier the same day, YG . BLINKs Flooded TWICE Dahyun's Instagram With Hate Comments After Idol Did THIS, 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". This is also one of the reasons why many people believe that Lisa will not leave YG and continue to work in the Korean entertainment industry. It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. BLACKPINK was also announced as one of the headliners, the first for any K-pop girl group, at this years Coachella music festival where they will perform for 2 weekends. KPOP_MOD 25 min. Jennie, Lisa, Jisoo, and Rose received praise and acclaim for their incredible performance. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. However, it cant be denied that there are still questions about their future as a group under YG Entertainment. BTS' Jungkook donates 1 billion won to Seoul National University Children's Hospital, YG Entertainment updates original statement and denies that BLACKPINK's Rose is dating Kang Dong Won, BTS's J-Hope shares emotional last posts before military enlistment and reveals new buzz cut, (G)I-DLE confirms May 15 comeback with a new teaser poster, Park Bo Gum to participate as an audio docent for the Hangaram Art Museum, Cha Seung Won in talks to join the cast of the drama 'Guns & Talks', IVE's Rei reveals her special relationship with flowers in 'Cosmopolitan', NCT's Jaehyun sits out 'Cultwo Show' schedule due to poor health, BLACKPINK's Coachella 2023 Performance Draws High Viewership on YouTube, "It is the private matter of the artists", YG's response to BLACKPINK Ros & Kang Dong Won's dating rumors makes netizens think it may be true, BLACKPINK draws attention for bringing Korean traditional elements to Coachella. If the rumors are true and they give each members 20.0 billion KRW (about $16.2 million USD), for a total of 80.0 billion KRW (about $65.0 million USD), YG will need to calculate if theyll be able to make a profit within that time period. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. ELFs Heartbroken After Spotting THIS Idol 'Hiding' During Super Junior's Concert, Born Rich & Talented: Meet the 4th Generation K-Pop Queens With Wealthy Upbringings, Mnet Accused Of Favoring THIS 'Boys Planet' Trainee Here's What Happened. Girl group BLACKPINK (Jisoo, Jennie, Ros, Lisa) is expected to remain with YG Entertainment as their contract expiration approaches in August. On March 4, music officials and insiders told the Korean media outlet Star News about the high expectancy level of BLACKPINK renewing their contract with its agency, YG Entertainment. By India Today Entertainment Desk: BLACKPINK member Rose and actor Kang Dong-won have been rumoured to be dating for a while now. YG Entertainment Addresses BLACKPINKs Rose Drug Use Allegations, Threatens to Take Legal Action, Lee Seung Gi Breaks Silence Over Controversies Surrounding Marriage With Lee Da In, Bursts Out in a Series of Lengthy Post, Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. LOONA's Olivia Hye steps down from 'GIRL'S RE:VERSE' due to health issues, NewJeans tops the K-Pop idol group brand value rankings for January. Currently, BLACKPINK is still conducting its world tour, "BORN PINK," the largest world tour among K-pop girl groups expected to meet 1.5 million spectators around the globe. The . Fourth and last, Jennie, a member who has been rumored to be dating BTS V almost every day from May also sparked speculation if this would become a huge variable when she renews her contract. According to BlackPINK, its exclusive seven-year contract will expire in the second half of 2023. In addition to the BORN PINK world tour schedule, BLACKPINK is confirmed to perform at the British Summer Time Festival on July 2, 2023. Industry insiders have shared their two bits on this saying that the company is planning on spending a lot to be able to retain the group as well as the girls. BLACKPINK expected to stay with YG Entertainment GELABAL News 2.37K subscribers Subscribe 2.3K views 1 day ago Girl group BLACKPINK (Jisoo, Jennie, Ros, Lisa) is expected to remain as a. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . Initially, the rumors stated that the K-Pop group was joining The Black Label, a company known for housing some of K-Pops largest soloists, including Somi, Teddy Park, and Zion. remains one of the more widely recognized entertainment companies in South Korea, renewing BLACKPINK after theyve earned unprecedented success in all aspects of the entertainment world may not be a simple feat. First, BLACKPINK which debuted in 2016 is set to have its contract renewal season with YG Entertainment in 2023. Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. Stay updated with the latest Hallyu news on: Instagram, YouTube, Twitter, Facebook and Snapchat, ALSO READ:BLACKPINKs Jisoo stuns at Dior Couture show at Paris Fashion Week: Fans call her Audrey Hepburn lookalike. Kim Sae Ron to Appear in Netflixs Bloodhounds Despite DUI Controversy: Minimal Footage Expected, Yoo Yeon Seok to make a special appearance in Dr. YG Entertainment teases a new group.YG NEXT MOVEMENT pic.twitter.com/Nb4f9KNvrv. The two had been under YG Entertainment, but Gang ended his contract with the agency in December. This comeback is expected to be the most spectacular yet as the result of a large-scale project and a concert tour. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. YG gets to keep its strongest artist, while the team got to keep its name to continue promoting as a group. Feel confident that due to her activities alone, they will recoup that amount of profit on top of paying her whatever project-specific percentage she is due and no high-profile idol is going to accept a contract offering a small percentage. Many wonders if all the BLACKPINK members will renew their contracts with YG as they're set to expire in August this year. It is known that the contract for the group is set until August 2023 and any renewals or departures will have to be sorted out by then if the stars do not wish to become free agents. After completing her engineering, Ayushi followed her passion for journalism and has been a professional writer for over 3 years now. TXT Soobin & Yeonjun Fashionable Duo in Magazine Photoshoot And MOAs Can't Stop Raving About Their Visuals, aespa Winter Radiates Elegance in First Solo Pictorial for Vogue Korea. Did You Know? However, YG Entertainment has issued a statement denying these rumors, stating that Ros's dating rumors are untrue. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. However, fans have pointed out that BLACKPINK's contract with YGE ends in June of 2023, exactly when the BORN PINK world tour also ends. That amount is more than YGE's entire company-wide profit for 2022 (note that revenue and profit are different things). The girl group BLACKPINK is in their last year of contract with YG Entertainment. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. On September 17, the Korean media outlet Insight reported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. After a nearly two-year hiatus, the Black Punkz are back in action. The K-Pop groups discography is surprisingly short, with only two studio albums under their name, as opposed to their six years in the industry, though they have also been semi-active between ambassador work and their musical endeavors. YG Entertainment is shutting down claims that BLACKPINK is transferring to their subsidiary label, The Black Label. YG Entertainment Responds To The Ridiculous Drug Allegations Against BLACKPINK's Ros. All six members of iKON departed with their group name intact, which was a rare sighting for the Yang Hyun Suk-founded label. She is a K-drama binge-watcher and grooves to all genres of the K-music world. December 30, 2022. BLACKPINK YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. they could either sign with another company and re-debut with another group name and other stage names or they could go solo. Find Out Where To Buy Tickets For Blackpinks Upcoming Concerts! BLACKPINK's contract with the music label will be ending in August of this year and industry insiders recently reports claimed that Lisa is receiving an overseas offer of 81.2 million USD. K-pop girl band BLACKPINK's contract with YG Entertainment is going to end in August of this year, and whether the group will be renewing their contract with the music label again has emerged as a hot topic nowadays, BIZoom reported. Not only among members, but the group members were also close to their dancers and producers including Teddy. YG Entertainment is a great company and has been that for many years until the last scandal. As is standard for K-Pop contracts, it is reported that BLACKPINKs contract will be ending this year after seven years with YG Entertainment. This means that the group is set to remain under YG Entertainment for the next four years and will be able to continue to entertain their fans with their amazing music for years to come. On April 18th, an article titled "BLACKPINK to move to YG affiliate The Black Label" published by The Korean Herald reemerged amidst uncertainty about the contract renewal status of BLACKPINK. All four members of BLACKPINK are expected to renew their contracts and stay with YG Entertainment . Have that kind of cash to throw around 2. Later in the interview, BLACKPINK assured fans that they would stick together amid the fears that they might not renew their contracts with YG. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. Industry insiders are anticipating that YG will offer a down payment of at least 20.0 billion KRW (about $16.2 million USD) per member to keep BLACKPINKContract renewals are usually for 2~3 years. While YG Entertainment did deny any separation from BLACKPINK, the girl group is still not expected to have any possible comebacks in the near future considering their recent album release, Born Pink. In the case the four members decided to part ways with YG, it is expected that they will continue their respective jobs as global ambassadors and soloists whereas Jennie and Jisoo were speculated to expand their careers as actresses. In addition to the groups busy schedule, recently on a fan-only social networking platform, Jisoo said, Please look forward to Jisoos solo release in 2023, when asked about her solo album by fans. This used to be the residence of Jang Seon Yoon granddaughter of the founder of Lotte Group. Since the beginning of 2023, information surrounding the renewal of the contract between YG and BLACKPINK has always become hot topics on social network platforms. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors. 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