In addition, regarding the rumor that BLACKPINK will join The Black Label company, YG has said Unfounded. Jennie started with her solo song You and Me, followed by Jisoos recently released Flower. Rose also sang On the Ground, while Lisa showed off her rap skills with her hit Money., ALSO READ: YG Entertainment Addresses BLACKPINKs Rose Drug Use Allegations, Threatens to Take Legal Action. ver 3 years now. It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. As per a report in the Kpop Herald the girl group Blackpink, will be ending their exclusive contract with their label, YG Entertainment and changing their management label to THE BLACK . 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.". Actor Kang Dong Won also parted ways at the same time. it would be better for blackpink to disband if this is what they get from yg. To offer an artist that amount of money just to switch labels, a company would have to: 1. More recent reports from industry insiders claim that multi-talented member Lisa is receiving overseas offers, one upwards of a staggering $81.2 million USD. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! Thanks to their positive response, their fans have been reassured that the group will not fold anytime soon. YG Entertainment's stock price is showing a strong performance in the early hours of the market on the 19th, thanks to a brokerage report predicting a high possibility of renewing Blackpink's contract. BLACKPINK in Hong Kong during their "BORN PINK" tour | @BLACKPINK/Twitter YG Entertainment lost multiple notable talents at the end of 2022, with all six members of iKON leaving to pursue a contract with another company to continue group promotions, BIGBANG's T.O.P and Daesang leaving to pursue their individual endeavors, while Taeyang moved to YG's subsidiary label THE BLACK LABEL . The two had been under YG Entertainment, but Gang ended his contract with the agency in . YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. Blackpink Contract Rules "We heard that there were six restrictions on the contracts," the . However, another rumor is spread. With a multitude of BLINKs demanding Jisoo, Jennie, Ros and Lisa to leave, what will the quartet decide as their exclusive contracts come to an end soon? In particular, the quartet who debuted in 2016 will have their respective contracts expire at the end of August. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. Blackpink is one of the most popular K-pop girl groups of the moment. According to music officials and insiders, BLACKPINK which comprised Jisoo, Jennie, Ros and Lisa expected to stay with YG Entertainment FOR THIS REASON. If BLACKPINK renews their contracts in August, YG Entertainment will continue to be a strong force in K-pop, including G-Dragon, BLACKPINK, Winner, Akdong Musician, Treasure, and the new girl group Baby Monster, set to debut soon. (PHOTO NOT FOR SALE) (Yonhap) Girl group BLACKPINK (Jisoo, Jennie, Ros, Lisa) is expected to remain with YG Entertainment as their contract expiration approaches in August. However, every K-pop artist has one thing in common- they are under a contract with their labels. "When you take into consideration the scale of the Korean market, itll be hard for [Korean agencies] to handle that kind of offer, " they explained. BLACKPINK member Rose is seen in this photo provided by her entertainment agency, YG Entertainment. 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. The group, formed in 2016, has since gained international success and recognition for their music, fashion and overall style. 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K-Pop girl group Blackpink has taken the world by storm since their debut in 2016. It is no secret that Blackpink is one of the most successful K-pop bands of all time. An exclusive report from Star News on April 4 stated that all four members seem to have. Most Korean artists and groups stay in one record label. Hailey Bieber's video of comforting seemingly husband 'unwell' Justin Bieber at Coachella went viral, Ana de Armas and Chris Evans teamed up for Apple TV's upcoming action rom-com 'Ghosted', Reese Witherspoon and Jim Toth announced their divorce in March this year after 12 years of marriage, Kylie Jenner draws attention with change in her looks, Chris Evans is starring alongside Ana de Armas in upcoming film 'ghosted', Kylie Jenner and Timothe Chalamet are confirmed to be dating after sparking the rumors earlier this month, Copyright 2023. Kim Sae Ron to Appear in Netflixs Bloodhounds Despite DUI Controversy: Minimal Footage Expected, Yoo Yeon Seok to make a special appearance in Dr. 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. According to the insider report, 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.". 3. As to how much truth there is to these talks, one can never know. "We . The Black Label is headed by producer Teddy Park, who produces music for the girl group. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors. However, because BLACKPINK is currently busy with their world tour, it is possible that Jisoos solo album will be released in quarter 3 or 4, after the contract renewal period. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? Recently, Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. No official announcement has been made yet but the bands management company, YG Entertainment, has said that they are currently in negotiations. Media Gives 3 Reasons It 'Won't Be Smooth', Will BLACKPINK Renew Contract With YG? 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. According to the MCs, the participants were informed that there were six contract restrictions. However, they have moved on and got their things together. However, the agency was quick to shut down any such claims in December itself, saying that a lot of time remained for their contract talk with BLACKPINK. pic.twitter.com/kWipu5xyuF. Answer (1 of 9): I doubt "BLACKPINK" as a group would be able to leave YG for legal reasons. Discussion Arises After THESE 4 'Hints', 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December . 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. For more on BLACKPINK Lisas overseas contract offers, check out the article below! MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! when his contract expired and he left the agency. Recent reports that Lisa has been offered 100 billion KRW (approximately $81 million) by an overseas company to switch labels have fueled concerns that BLACKPINK will soon disband. Following the agency's initial statement earlier the same day, YG . Soompi: YG Entertainment Announces Strong Legal Action Against Rumors Regarding BLACKPINK's Ros. Now, reports of Jisoo, Jennie, Ros, and Lisa being offered millions of dollars to stay back and not change agencies are making rounds on the internet. 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YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. The contract between BLACKPINK and YG is said to have been signed before June 2016, so . The old-school group was let go by YG Entertainment in favor of debuting BLACKPINK instead. Despite the groups immense success, fans will still be devastated if the group decides to go their separate ways. Epicstream is supported by its audience. The . Some viewers implied that "Shut Down" feels like a homage to being able to look back on BLACKPINK's all-time success. While the reports were denied by the company, the fans theory hit the nail on the head: the company is indeed planning to debut a new girl group in the near future. This contract will likely keep the members of Blackpink together until at least 2023. Thanks to Hallyu, the world is finally in love with the colorful realm of K-pop.One of the leading K-pop groups, Blackpink, under the label YG Entertainment has dominated the charts all over the world alongside their fellow K-pop artists such as BTS, Seventeen, Stray Kidz, Psy, IU, etc. Romantic 3Return after 6 years, Lim Ji Yeon Reveals Happy Daily Life After Confirming Relationship with Lee Do Hyun. The members of the group have decided to part ways with YG Entertainment, according to a statement issued by the label. Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. Fans then felt as if the four-member team was organizing all their activities prior to parting ways. BTS Jungkook flaunts irresistible charm that one cant escape. BLACKPINK's contract will end in 2023 | Twitter: @jenndynasty Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. We want to continue with the music that we love for a long time as BLACKPINK., YOU MIGHT ALSO LIKE: Lee Seung Gi Breaks Silence Over Controversies Surrounding Marriage With Lee Da In, Bursts Out in a Series of Lengthy Post. As one of the most popular girl groups of all time, fans are wondering how long their contract is with their label, YG Entertainment. 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. Now, media outlets are reporting that YG Entertainment is potentially prepared to shell out $16.2 million USD per member as a signing bonus in a bid for BLACKPINK to renew their contracts with them. YG Entertainment teases a new group.YG NEXT MOVEMENT pic.twitter.com/Nb4f9KNvrv. Some believe YG Entertainment launching Baby Monster is to mitigate the potential failure of closing the renewal deal with BLACKPINK. 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. As of this writing, none of the parties involved have confirmed any of the reports. In spite of the bittersweet response in celebration of BLACKPINKs possible transfer, YG denied all the reports a few hours later. Aside from that, their individual success may also get in the way, considering they can now make it on their own. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. also have real estate in this area. There are no comments in this article yet. The record label that made them debut is their first and current record label. At a press showcase for their seventh mini- album Chaos held at Yes24 Live Hall, Seoul, Blackpink members expressed their appreciation for YG Entertainment and their commitment to both their fans and the band. Documentary about BTS' J-Hope gets official Disney Plus release date, Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding, VFX company behind 'Squid Game' reveals the surprising amount of CGI contained in the show, Simu Liu's new girlfriend is a digital marketing manager, Student with 2 published books, 4.2 GPA and 1560 SAT score rejected by Harvard, MIT, Yale and Princeton, Georgia teen 'was not tortured' during the house party that left him on a ventilator, DA says, adding that the teen 'voluntarily' drank until he blacked out, 3 Senate Republicans vow to block Feinstein's Judiciary replacement. through links on our site, we may earn an affiliate commission. 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. Some A-list artists such as Bae Yong Joon, Lee Seung Gi, etc. This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. Meanwhile, Kang Dong Won signed an exclusive contract with YG Entertainment in 2016, and announced the establishment of a one-man agency after the contract expired in December of last year. According to the news shared by the website, and later on, by Pop Base on Twitter, Blackpink and YG formalized the finalization of their contracts earlier this year. Now that they also have multiple groups coming up, we hope that BLACKPINK will resign with YG Entertainment in the future. It has set brilliant records in leading overseas charts such as the Billboard Chart and has established itself as a "global hot icon" with all members serving as global brand ambassadors. However, as the entertainment company with the largest number of hip hop singers in South Korea, yg's film and television resources are not very strong, resulting in Jin Zhixiu's lack of good film and television drama resources. 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. 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. BLACKPINK named Time Entertainer of the Year 2022, BLACKPINK set to make history as Coachellas first K-pop headlining act, YG Entertainment announces new girl group to debut in 2023, that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered, An earlier rumor has surfaced that while the members will remain as a group, they plan on following in the footsteps of. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. Born Pink can be found and streamed on Spotify. If BLACKPINK members renew their contracts in August, YG Entertainment will continue to be a strong axis of K-pop with G-Dragon, BLACKPINK, Winner, AKMU, Treasure and the rookie girl group BABYMONSTER, who is about to debut. if almost all men are escaping from yg, imagine them. When contract renewal comes up, some members are concerned that rumors of dating may affect Jennie. Although the majority of fans are positive that BLACKPINK will renew their contract with YG Entertainment, a media outlet highlighted four "hints," suggesting their disbandment. . The return of BlackPink is clearly YG Entertainment's top priority. It was literally a movie-like moment for us, they said. Lalisa Manobals global influence thickening further in her homeland as well as other Southeast Asian countries is said to be the driving force behind this. Taxi Driver 2 Shin Jae Ha, I was exhausted when filming two dramas simultaneously I want to return in Season 3 as a Rainbow Taxi member, BTS see off j-hope as a complete group, reveal family-like photo, Viewers feel like this actress was born wearing a hanbok because she has starred in so many historical dramas, BTS j-hope quietly enlisted among the arms of all members, even Jin on vacation. More from NextShark: Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding. Kang Dong Won . Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. JYP Entertainment has a strict three-year ban on new idols dating, trainees are forbidden from using their phones or meeting members of the opposite sex, and Twice's Momo was once ordered to . Another fan brought in the possibility of YG releasing a new girl group, in reference to 2NE1s disbanding. 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. With their unique sound, vibrant personalities, and strong bond, they have created a special bond with their fans that will be hard to forget. A photo posted of the idol sparked malicious rumors. YG Entertainment executives are hoping the group will renew their contract, as they believe the group has the potential to become even bigger and more successful in the future. Fans hope that Blackpink would leave YG Entertainment once their contract matures with the label in 2023 after constant mistreatment (YG Entertainment, Twitter) The four-member girl group Blackpink made its debut in August of 2016 under the label YG Entertainment and the girl group will soon be . BLACKPINK was initially known in the K-pop scene thanks to its agency, and YG was able to sustain its company position despite the disbandment of 2NE1 and BIGBANG hiatus, thanks BLACKPINK. The Korea Herald report also claimed discussions regarding the members' contracts and management were completed early this year. BLACKPINK member Ros and top star Kang Dong Won neither affirmed nor denied the dating rumours, and . BLACKPINK Dominates Social Media During Coachella, Occupying 78.1% of Related Posts, BLACKPINK strikes lasting impressions with attractive outifts at Coachella 2023, On the day of Ros and Kang Dong Wons dating rumor, YG drops unexpected news, BLACKPINK Jennie brings Korean culture on the stage of Coachella 2023 through an unexpected detail, YG denies dating rumor between BLACKPINKs Ros and Kang Dong Won, Tiled roof set, fan danceThe story behind BLACKPINKs Coachella stage, IVE Yujin praised for clever answer when asked, Do you feel arrogant after winning Daesang?, The actress who acted romance with me is my wife, Not only BTS Jungkook, another top Korean star was captured at Coachella. While YG Entertainment has stated that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered much higher pay from other labels. Why BLACKPINK Has Released Limited Music: Exploring Their History And Industry Trends. YG stated that they would renew the contract with Blackpink. THIS Former K-pop Idol is Now University Professor! YG Entertainment has vehemently denied BLACKPINK's transfer to The Black Label. (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT). YG Entertainment is a great company and has been that for many years until the last scandal. YG Entertainment's response to BLACKPINK member Ros and Kang . The girl group BLACKPINK is in their last year of contract with YG Entertainment. By YG Entertainment concerned that rumors of dating may affect jennie romantic 3Return after 6 years Lim... Blackpink contract Rules & quot ; the, every K-pop artist has one thing in common- they are in! In 2016, so, fans will still be devastated if the group have decided to part ways with Entertainment! Entertainment to Debut New Boy group HORI7ON: Concept, Date, More Details Label that made them is. Offers, check out the article below this includes the BIGBANG members, out of whom only leader that. 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Music, fashion and overall style addition, regarding the rumor that BLACKPINK will resign with YG as... The members of the most successful K-pop bands of all time by the.... Some members are concerned that rumors of dating may affect jennie they now... Media reports that Rose and Gang have been dating considering they can now make it their. Escaping from YG Entertainment & # x27 ; s exclusive contract with YG Entertainment in favor of debuting instead... To switch labels, a company would have to: 1 district Seoul. Contract with YG Entertainment will come to an end a Star News report on April 4 stated that four! Go by YG Entertainment launching Baby Monster is to these talks, one fan replied, to... Soompi: YG Entertainment aside from that, their individual success may get!