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. K-Pop Insiders Expect All 4 BLACKPINK Members To Renew Their Contracts With YG Entertainment https://t.co/mW72EXcTFp Koreaboo (@Koreaboo) April 4, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. BLACKPINK is a four member K-pop girl group under YG Entertainment. Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. The girl group BLACKPINK is in their last year of contract with YG Entertainment. They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. BLACKPINK Reportedly 'Determined' To Renew Contract With YG Entertainment (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT) On March 4, music officials and insiders told the Korean media. An exclusive report from Star News on April 4 stated that all four members seem to have. 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. T.O.P and Daesung have left the company and Taeyang has moved to THEBLACKLABEL. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract. The old-school group was let go by YG Entertainment in favor of debuting BLACKPINK instead. However, another rumor is spread. Second, the group comprised of Jisoo, Jennie, Lisa and Ros already established a family-like relationship, which is not easy to be destroyed. To offer an artist that amount of money just to switch labels, a company would have to: 1. Most Korean artists and groups stay in one record label. After a nearly two-year hiatus, the Black Punkz are back in action. Having similar jackets. 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. He ended his contract with the agency in December 2022. This means that the group has three years left on their contract before they can choose to re-sign or go their separate ways. Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. The agency of K-pop girl group BLACKPINK's Ros, 26, finally denied the dating rumors between her and actor Gang Dong-won, 42, after issuing a vague statement. BLACKPINK member Rose is seen in this photo provided by her entertainment agency, YG Entertainment. Not only among members, but the group members were also close to their dancers and producers including Teddy. In addition, regarding the rumor that BLACKPINK will join The Black Label company, YG has said "Unfounded". YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. Born Pink can be found and streamed on Spotify. As a result of this, the band will have to renew their contracts in 2023, but fans should not be concerned because the members have already stated their intent to do so. 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. All rumors were later on denied by YG. According to Nate News, 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 BLACKPINK Contract renewals are usually for 2~3 years.. However, most fans are saying that there seems to be no reason for BLACKPINK to not renew their contracts with YG. Initially, there was skepticism that the "BOOMBAYAH" singers will stay in the company due to impressive offers especially abroad to the members, yet officials close to the members claimed that the four members will most likely continue their relationship with YG unless a special reason came they had to leave the company. The band released their first album, Square One, on August 18th, 2016. 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. 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. According to the MCs, the participants were informed that there were six contract restrictions. According to AllKpop, BLACKPINKs ongoing Born Pink World Tour is their last official activity under YG before their contracts expire. 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. they could either sign with another company and re-debut with another group name and other stage names or they could go solo. April 3rd, 2023 BLACKPINK 's contracts with YG Entertainment end in August 2023, and K-Pop industry insiders believe that all four members will decide to stay with YG Entertainment. THIS Former K-pop Idol is Now University Professor! According to BlackPINK, its exclusive seven-year contract will expire in the second half of 2023. YG gets to keep its strongest artist, while the team got to keep its name to continue promoting as a group. 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. Have that kind of cash to throw around 2. 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. By providing this information, you agree that we may process your personal Moreover, earlier it was announced that Jisoo would be making her solo music debut in 2023 following her acting debut in 2022 with K-drama Snowdrop opposite Jung Hae In. As of this writing, none of the parties involved have confirmed any of the reports. 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. 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. YG Entertainment shuts down dating rumors between BLACKPINK's Ros and actor Kang Dong Won By Melanie Uson Published Apr 18, 2023 11:41 am @roses_are_rosie / Instagram and The Movie Database YG Entertainment has denied dating rumors involving BLACKPINK' s Ros and its former artist, actor Kang Dang Won. Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. In spite of the bittersweet response in celebration of BLACKPINKs possible transfer, YG denied all the reports a few hours later. This includes the BIGBANG members, out of whom only leader G-Dragon remains in the original company while the others have long moved over. We will update you once we know the exact end date of the contract. Should celebrity couples with huge age gaps get criticized for dating despite being all adults? It is no secret that Blackpink is one of the most successful K-pop bands of all time. BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have. As reports of other artists from the label leaving or choosing to renew were revealed to the public, questions about the quartets future were raised simultaneously. 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. Kang Dong Won . 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. This is not a credible rumor. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. music officials and insiders told the Korean media outlet Star News, Will BLACKPINK Renew Contract With YG? No official announcement has been made yet but the bands management company, YG Entertainment, has said that they are currently in negotiations. 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. It is known that the Seongbuk area is famous for being the residence of the Korean elite. Want to Buy One for $25,000? In South Korea and other countries, Blackpink is promoting its latest album Born Pink. Updated April 17 KST: YG Entertainment has officially denied the dating rumors between BLACKPINK's Ros and Kang Dong Won. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. . Despite the groups immense success, fans will still be devastated if the group decides to go their separate ways. As of 9:34 am on the same day, YG Entertainment is trading at 51,300 won, up 1,650 won (3.32%) from the previous day. 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 . 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. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. As to how much truth there is to these talks, one can never know. in accordance with our Privacy Statement. Apply to AfreecaTV's "UP TO YOU Season 2" Global K-Pop Idol Audition Today! 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. Chris Evans gets candid about his role in 'Ghosted': 'thats fun to play', Heres everything to know about Kylie Jenner, Timothe Chalamets casual' dating. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? Through YG and. (PHOTO NOT FOR SALE) (Yonhap) The rumours caught fire after many on the internet claimed they had evidence of the two stars together. it would be better for blackpink to disband if this is what they get from yg. 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. Once their contract is over, each member might be offered to renew their contract. "I wish they can renew because I want to see BLACKPINK together for a long time," another wrote. BLACKPINK is reportedly leaving YG Entertainment and will be moving to The Black Label. According to media reports, the quartet is all set to re-sign with the label once again. This will be two months out from the end of the contract, which is why YG Entertainment might feel anxious. By Val M. Published on : 01:33 PST, Jun 13, 2022. As such, many fans are looking forward to encore concerts of the girl group. Yang founded YG Entertainment in 1996 and the label has harbored some of the biggest names in South Korea's music industry, including BIGBANG, 2NE1, Wheesung, Gummy, Psy and many others. 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. 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. 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Drinking, smoking, going out, driving, plastic surgery, and dating are all prohibited as part of the policy. As there is no update about Lisa's debut, her fans have started speculating that she. 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. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. The . Answer (1 of 9): I doubt "BLACKPINK" as a group would be able to leave YG for legal reasons. Blackpink Contract Rules "We heard that there were six restrictions on the contracts," the . It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. YG Entertainment's artist dating rumour response manual has been maintained this time as well. 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. This also means that their contract with YG as Blackpink officially started that year. 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. We think we create the biggest synergy when there are four of us, they stated. This is because it's a win-win situation for both sides. All six members of iKON departed with their group name intact, which was a rare sighting for the Yang Hyun Suk-founded label. data Their concerts have also been highly acclaimed, drawing in thousands of fans from all over the world. The two had been under YG Entertainment, but Gang ended his contract with the agency in December. 3. YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. 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. 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. The members of the group have decided to part ways with YG Entertainment, according to a statement issued by the label. 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. 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. 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. Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. Now, several Korean media outlets reported that YG Entertainment is preparing to shell out 16.2 million USD per member as a bonus for BLACKPINK to renew their contract with them. The best thing they can do for their life is not to renew, Yg knows how to make you famous but they don't know how to make you a better artist, besides all the hate they receive is the company's fault. any other company would treat them so much better than yg, honestly 1 More posts from the BlackPink community 1.2k Posted by 3 days ago 2 BLACKPINK reportedly to leave YG and join The Black Label headed by Teddy? Meanwhile, BLACKPINK will wrap up its current world tour this June. Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December . 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. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. In an interview with Bloomberg, the girl group talked about their historic performance as the headliner at the 2023 Coachella. Indeed, BLACKPINK members will not simply move with money if they want to continue using the group name 'BLACKPINK.' THIS Former K-pop Idol is Now University Professor! Due to the fact that Blackpinks contract expires in 2023, it is highly unlikely that they will re-appear. Blackpinks contract with YG Entertainment was set to expire in 2021, however, after much anticipation, YG Entertainment extended the groups contract until 2023. Sports World noted that many industry officials expressed concerns after some experts doubted if the agency could renew their contracts due to several issues. 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. He also has a close relationship with BLACKPINK members. Discussion Arises After THESE 4 'Hints', 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract with the label in its analyst report. Fans may continuously see BLACKPINK perform together. Look at the different treatment they give the other members, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/pPZr6S4ClY, More from NextShark: Simu Liu's new girlfriend is a digital marketing manager, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/Dvyv83JXxh, They kept belittling her ends up she's THE ONLY ONE getting offered by other companies to sign with them after knowing her contract ends this year, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/jryFoviYcx, Stella (@fawklisaantis2) January 23, 2023. Months out from the end of the contract under YG before their contracts with YG Entertainment will! 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