Despite the groups immense success, fans will still be devastated if the group decides to go their separate ways. The fact that Ros attended the VIP premiere for . Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. Through YG and. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? The posts reportedly come from Lisa fans who believe the company has mistreated the member several times in the past. when his contract expired and he left the agency. The string of recent departures has heightened the curiosity surrounding BLACKPINKs contract, as it was previously rumored they would also be joining THE BLACK LABEL, which YG Entertainment swiftly denied. 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. through links on our site, we may earn an affiliate commission. As of this writing, none of the parties involved have confirmed any of the reports. THIS Former K-pop Idol is Now University Professor! Still in August, the members would have to renew their deal with YG, which holds the legal rights to Blackpink, as South Korean government rules restrict idol contracts to a maximum of seven years. When contract renewal comes up, some members are concerned that rumors of dating may affect Jennie. The quartet, comprising Jennie, Lisa,. While some were relieved at the groups possible separation from YG Entertainment, derived from the companys constant delay in albums and comebacks, other fans werent nearly as supportive. BLACKPINK reportedly to leave YG and join The Black Label headed by Teddy? 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. Fans will just have to wait and see what the final outcome of the negotiations is. 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. Blackpink is also the same. Blackpinks contract with YG Entertainment was set to expire in 2021, however, after much anticipation, YG Entertainment extended the groups contract until 2023. While the exact details of their contract remain unknown, it is believed that the group has signed a seven-year contract with YG Entertainment. Amid constant noise regarding the disbandment and renewal of the contract, attention is being paid to whether BLACKPINK will be able to be reborn as a long-lived idol just like Girls' Generation as it succeeds in renewing its contract. For more K-Pop news and updates, keep your tabs open here at KpopStarz. 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. Indeed, BLACKPINK members will not simply move with money if they want to continue using the group name 'BLACKPINK.' It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. Well, it seems like the plans for BLACKPINK's renewal might not be as straightforward as expected, according to industry insiders, and it's because of member Lisa. 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. Many wonders if all the BLACKPINK members will renew their contracts with YG as they're set to expire in August this year. When BLACKPINK officially debuted, 2NE1s activities ended. As of now, the girls are on their BORN PINK World Tour which began in Seoul, South Korea last year and has moved over to the USA, Europe, and more recently Asia, strengthening the already present global status of the group. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. The girl group had reportedly begun discussing their contracts way back in 2021. 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. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. As one of the most popular girl groups of all time, fans are wondering how long their contract is with their label, YG Entertainment. In context, seven years is the limit of most idol contracts with their agency and often, groups part ways or a member withdraws from the team during this time; hence the nickname. Updated April 17 KST: YG Entertainment has officially denied the dating rumors between BLACKPINK's Ros and Kang Dong Won. Their concerts have also been highly acclaimed, drawing in thousands of fans from all over the world. Sports World noted that many industry officials expressed concerns after some experts doubted if the agency could renew their contracts due to several issues. YG Entertainment is a great company and has been that for many years until the last scandal. 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. Japan Has Millions of Empty Houses. Romantic 3Return after 6 years, Lim Ji Yeon Reveals Happy Daily Life After Confirming Relationship with Lee Do Hyun. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. BLACKPINK YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. The old-school group was let go by YG Entertainment in favor of debuting BLACKPINK instead. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! 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. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . The two had been under YG Entertainment, but Gang ended his contract with the agency in . YG entertainment remains to be their record label deal. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. 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. YG Entertainment has not made any official statements regarding BLACKPINKs contract at this time. The contract between BLACKPINK an YG Entertainment ends in 2023, since it lasts for 7 years since the debut of the idol group that happenned on 2016, so, it still has one year more and then we will know what will happen with the girl group after its agreement with the K-Pop agency ends. In South Korea and other countries, Blackpink is promoting its latest album Born Pink. 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, BIGBANGs T.O.P and Daesang leaving to pursue their individual endeavors, while Taeyang moved to YGs subsidiary label THE BLACK LABEL, popular actor Kang Dong Won left to reportedly set up his own agency, and formerTREASUREs Mashiho concluded his contract to focus on his health while Bang Yedam left to focus on his career as a producer. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. Despite the rumors, YG Entertainment has remained tight-lipped, choosing not to confirm or deny the . This is because it's a win-win situation for both sides. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. With this revelation, a solo album can be expected for Jisoo within this year. YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay. BLACKPINK is highly likely to renew their contract with YG Entertainment In other news, according to a source on April 4th, BLACKPINK members, who are four months away from the end of their contract with YG Entertainment, have expressed their intention to renew their contracts with the label. We think we create the biggest synergy when there are four of us, they stated. There are numerous scenes in the MV for Shut Down that pay homage to previous hit songs by Pitbull. Knowing that theyll be in high demand, industry insiders have been eager to see what move the group will make when their contract comes to an end. Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. If the band is committed to their fans, it indicates that they will be here for a long time, and fans can anticipate even more music from the band in the future. 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. (PHOTO NOT FOR SALE) (Yonhap) Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay together despite their success as solo artists, seemingly hinting at contract renewal. First,. Refrain from bringing up fanwar drama/fighting from social media in any detail. 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. Second, the group comprised of Jisoo, Jennie, Lisa and Ros already established a family-like relationship, which is not easy to be destroyed. Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. 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. (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT). More from NextShark: Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding. Recent rumors about a potential relationship between Blackpink's Ros and actor Kang Dong-Won have been circulating. YG Entertainment is known to give such responses before revealing the final decision, and fans have cited a similar reply regarding iKON previously. BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have mostly expressed support for the members should they decide to move to a different agency. 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. 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. So most likely, the contract between YG and BLACKPINK was signed before June instead of August. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". The agency had previously stated that they could not check their artists' private matters but have been . According to the MCs, the participants were informed that there were six contract restrictions. 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. Blackpink disbanding would be a sad day for many of their loyal fans. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. It is known that the Seongbuk area is famous for being the residence of the Korean elite. Fans have been awaiting word on their contract status since the end of the year. This also means that their contract with YG as Blackpink officially started that year. 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. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. Photo = YG Entertainment. 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. Answer (1 of 9): I doubt "BLACKPINK" as a group would be able to leave YG for legal reasons. BLACKPINK's Lisa | @lalalalisa_m/Instagram 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. It is likely that Blackpink will sign on for another contract as they have already achieved immense popularity in the industry. 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. 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. 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? These numbers on one hand are making netizens wonder if the company will in fact be able to earn back the money they invest in the said time or if it will be a no-brainer for them to sign with the girls as they are more likely to continue with the group promotions thanks to their massive fandom. Kang Dong-won and Rose have an age gap of 16 years between them. According to media reports, the quartet is all set to re-sign with the label once again. 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