AMID mounting speculation about the contractual futures of Blackpink members, YG Entertainment has officially put rumours to rest by announcing the renewal of exclusive group contracts with the four members.
The label has officially announced the renewal of exclusive group contracts with the four members - Jisoo, Lisa, Jennie and Rose.
In the official statement released on Dec 6, the entertainment powerhouse revealed that, after meticulous discussions with Blackpink, they have successfully finalised exclusive contracts for group activities, establishing a robust foundation of profound trust.
The declaration signifies a continuation of the globally acclaimed K-pop group’s collaborative journey with the entertainment powerhouse.
YG Entertainment executive producer Yang Hyun Suk expressed his enthusiasm for the renewal, highlighting the company’s commitment to overseeing Blackpink’s music production, concert management and promotional endeavours.
Hyun-suk conveyed his delight in sustaining the partnership with Blackpink and affirmed the dedication to guiding the mega-act towards even greater success on the global music stage.
While the group’s collective journey remains secure, discussions are still underway regarding individual pursuits. YG Entertainment clarified that negotiations are ongoing with members regarding solo ventures.
Blackpink, which debuted in 2016, has risen to unprecedented global stardom, captivating audiences with its unparalleled talent and infectious energy.
The group’s popularity and influence continue to resonate and the record label remains steadfast in its commitment to nurturing Blackpink’s luminous presence in the ever-evolving landscape of the music industry.