BLACKPINK YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. also have real estate in this area. Recent rumors about a potential relationship between Blackpink's Ros and actor Kang Dong-Won have been circulating. BLACKPINK reportedly to leave YG and join The Black Label headed by Teddy? According to AllKpop, BLACKPINKs ongoing Born Pink World Tour is their last official activity under YG before their contracts expire. No official announcement has been made yet but the bands management company, YG Entertainment, has said that they are currently in negotiations. READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. 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. K-pop contracts typically have seven years, during which time members can renew them. 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. By India Today Entertainment Desk: BLACKPINK member Rose and actor Kang Dong-won have been rumoured to be dating for a while now. 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. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . This means that the group has three years left on their contract before they can choose to re-sign or go their separate ways. The quartet, comprising Jennie, Lisa,. 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 . 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. Fans will just have to wait and see what the final outcome of the negotiations is. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. 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. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. However, every K-pop artist has one thing in common- they are under a contract with their labels. 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. YG Entertainment is known to give such responses before revealing the final decision, and fans have cited a similar reply regarding iKON previously. Some viewers implied that "Shut Down" feels like a homage to being able to look back on BLACKPINK's all-time success. According to the MCs, the participants were informed that there were six contract restrictions. In 2023, BLACKPINK comprised of Jisoo, Jennie, Ros and Lisa is set to face a contract renewal discussion with YG Entertainment on their seventh year as a team. For any query, please feel free to contact the following departments respectively. Did You Know? . All six members of iKON departed with their group name intact, which was a rare sighting for the Yang Hyun Suk-founded label. NewJeans' Style Transformation: Rookie Girl Group Barely Recognizable in Airport Attire! 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. The group, formed in 2016, has since gained international success and recognition for their music, fashion and overall style. The Black Label is headed by producer Teddy Park, who produces music for the girl group. Meanwhile, Lisa Leave YG became a trending topic on social media after a number of Lisas fans urged her to leave YG Entertainment. 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. 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. An exclusive report from Star News on April 4 stated that all four members seem to have. A new group, Square One, released its first album, Square One, in August 2016. In South Korea and other countries, Blackpink is promoting its latest album Born Pink. Apply to AfreecaTV's "UP TO YOU Season 2" Global K-Pop Idol Audition Today! when his contract expired and he left the agency. 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 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. 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. Actor Kang Dong Won also parted ways at the same time. According to BlackPINK, its exclusive seven-year contract will expire in the second half of 2023. YG Entertainment has vehemently denied BLACKPINKs transfer to The Black Label. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. News surrounding BLACKPINKs possible transfer from the powerhouse YG Entertainment started flooding the internet earlier today. It was literally a movie-like moment for us, they said. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? BLACKPINK's contract is set to expire in 2023, and while everyone hopes they will choose to renew it and continue as a four-member group, some BLINKs are rumored to believe they will disband. Chaeyeon Responds To Comment She's 'Less Popular' As Soloist Compared To When She Was in IZ*ONE, SNSD Taeyeon, TWICE Nayeon, NewJeans Hyein Transcend K-pop Generations in Alluring Pictorial, BLACKPINK Jisoo Fashion: Idol's Fancy Styles to Dress Like Royalty. 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? YG Entertainment is a great company and has been that for many years until the last scandal. Not only among members, but the group members were also close to their dancers and producers including Teddy. YG Entertainment is shutting down claims that BLACKPINK is transferring to their subsidiary label, The Black Label. Updated April 17 KST: YG Entertainment has officially denied the dating rumors between BLACKPINK's Ros and Kang Dong Won. More from NextShark: Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding. So, at the moment, all of Blackpink's members have contracts with YG. He ended his contract with the agency in December 2022. For more K-Pop news and updates, keep your tabs open here at KpopStarz. 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. Amid rumours, BLACKPINK's label, YG . YG Entertainment has not made any official statements regarding BLACKPINKs contract at this time. (Saying might because sometime. 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. Lisa remains one of the most sought-after artists in the world with netizens reporting posts of there being interest from the Chinese companies who are ready to put in 100 billion KRW (about $81.2 million USD approximately) to get the Thai star to join them. WhileYG Entertainmentremains 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. "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. There are numerous scenes in the MV for Shut Down that pay homage to previous hit songs by Pitbull. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors. Blackpink is also the same. Aside from this, BLACKPINK is also scheduled to perform as the headliner at the Coachella Valley Music and Arts Festival in the US this mid-April, then the fun will continue at the British Summer Time Festival Hyde Park in the United Kingdom in July. Thanks to their positive response, their fans have been reassured that the group will not fold anytime soon. Below are some reasons behind their firm belief: BLACKPINK will be occupied for the long-term with their world tour BORN PINK, which lasts from mid-October 2022 until mid-2023. Blackpink Contract Rules "We heard that there were six restrictions on the contracts," the . However, with their immense popularity, the group could possibly renegotiate their contract with YG Entertainment in the future. Refrain from bringing up fanwar drama/fighting from social media in any detail. When contract renewal comes up, some members are concerned that rumors of dating may affect Jennie. Will BLACKPINK renew its contract with YG Entertainment? 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. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". 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. In addition to the BORN PINK world tour schedule, BLACKPINK is confirmed to perform at the British Summer Time Festival on July 2, 2023. 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. As to how much truth there is to these talks, one can never know. 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. As of this writing, none of the parties involved have confirmed any of the reports. Recently, the girls have completed their concert in the capital Riyadh of Saudi Arabia, as well as in Abu Dhabi of the United Arab Emirates.They will be taking a break in the month of February, before gearing up again for various concerts from March to June in Asia, Oceania, and South America. Answer (1 of 9): I doubt "BLACKPINK" as a group would be able to leave YG for legal reasons. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! 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. Did You Know? To offer an artist that amount of money just to switch labels, a company would have to: 1. Meanwhile, BLACKPINK, which officially debuted on August 8, 2016, has been active for nearly seven years and has stood tall as a top global girl group. All Rights Reserved. She may be in demand, but the figure quoted is completely unbelievable. 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. . It is known that the Seongbuk area is famous for being the residence of the Korean elite. 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The concert started in Seoul, going to North America in seven cities, followed by its European tour in seven cities and now, they were embarking on its Asian leg. THIS Former K-pop Idol is Now University Professor! Another fan brought in the possibility of YG releasing a new girl group, in reference to 2NE1s disbanding. We will update you once we know the exact end date of the contract. First,. The girl group BLACKPINK is in their last year of contract with YG Entertainment. Members of Blackpink are currently under contract with YG. This is because it's a win-win situation for both sides. Fans have been awaiting word on their contract status since the end of the year. 3. 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. 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. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. With 2022 coming to an end, many K-netizens are concerned about the fate of K-pop groups whose contracts will expire in 2023. 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. YG entertainment remains to be their record label deal. All four members of BLACKPINK are expected to renew their contracts and stay with YG Entertainment . 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. Reports Claim Overseas Companies Are Willing To Pay Millions For BLACKPINKs Lisa, And Its Seen YG Entertainments Stocks Plummet, Netizens Are Left In Awe At BLACKPINK Jisoos Beauty In Recent Update, IVEs Jang Wonyoung Proves Her BLINK Status By Joining BLACKPINK Jisoos Flower Dance Challenge, BLACKPINK Lisas MONEY Outfit At Coachella 2023 Stole The Show Here Are All The Expensive Details Of Her Dazzling Look, BLACKPINK Gain Praise After Incorporating Korean Culture Into Their Historic Coachella 2023 Performance. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! Once their contract is over, each member might be offered to renew their contract. The two had been under YG Entertainment, but Gang ended his contract with the agency in . 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. music officials and insiders told the Korean media outlet Star News, Will BLACKPINK Renew Contract With YG? 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. ver 3 years now. Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. (PHOTO NOT FOR SALE) (Yonhap) By providing this information, you agree that we may process your personal But insiders still believe YG Entertainment would have to offer at least 20 billion KRW per member. 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. 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. According to music officials and insiders, BLACKPINK which comprised Jisoo, Jennie, Ros and Lisa expected to stay with YG Entertainment FOR THIS REASON. 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. Photo = YG Entertainment. 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. For more on BLACKPINK Lisas overseas contract offers, check out the article below! With their huge success, fans are now wondering if the members will renew their contract. To address the rumor, their current agency issued a statement stating that the girl group will not be leaving the company, that they will not change companies, nor will they be transferring. In addition, bands such as ASTRO and BLACKPINK, who debuted in 2016, are likely to have their contracts renewed or terminated in the following year. After a nearly two-year hiatus, the Black Punkz are back in action. 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. 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. Blackpink is one of the most popular K-pop girl groups of the moment. The members of the group have decided to part ways with YG Entertainment, according to a statement issued by the label. The fact that Lisa completed the payment for the villa in early 2023 shows that she has determined to live in Korea for a long time. Is because it brings in so much revenue told the Korean elite HORI7ON Concept... 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