Official: All 4 BLACKPINK members did not renew their individual contracts with YG

After a waiting period, YG has made an official statement about the individual contracts of BLACKPINK members. Accordingly, all four members did not continue to renew their solo contracts with YG. This information is causing a stir in the media and fan community.

After nearly a month of announcing the re-signing of the group contract with BLACKPINK, on the morning of December 29, YG officially announced the group's individual contract. Specifically, YG Entertainment announced to the media that BLACKPINK will only sign group contracts and will not have individual contracts.

Specifically, YG said: "We recently signed a contract to extend BLACKPINK's group activities and agreed not to conduct separate additional contracts for individual activities."

YG representative added: "We will try our best to support BLACKPINK's activities and we will support the members' individual activities with the most sincerity."

In fact, this announcement is not too surprising to the media and the public. Recently, Jennie (BLACKPINK) surprised the public when she confirmed the establishment of her own company called ODDATELIER. Besides still working as a group with BLACKPINK, this company will focus on supporting Jennie to develop her personal career.

Along with Jennie, Jisoo is also a member rumored to be establishing her own company to develop her singing and acting career. Meanwhile, "Australian rose" - Rosé and member Lisa are expected to sign a contract with a foreign company. Previously, the two members were discovered by fans to have interacted with America's leading record label - Columbia Records.

Specifically, Rosé was seen having a private appointment with CEO Ron Penny. Meanwhile, both the company's CEO, digital marketing director and creative expert all simultaneously pressed the follow button on Lisa on their personal social networking sites. However, this information has not yet been confirmed by 3 members.

In addition, recently, the beauty born in 1997 is currently being questioned about living together and preparing to marry her rumored boyfriend, billionaire Frédéric Arnault. It is not difficult to realize that from July until now, the youngest member of BLACKPINK has spent most of her time living in France - Frédéric's hometown.

According to industry experts, it has now become a trend for members of music groups to separate individual and group contracts, when in addition to music, idols are also active in dramas and movies. , musicals, plays and variety shows. In addition to group activities, idols are looking for more opportunities to express their individuality.

"Although signing two different contracts at the same time can be burdensome and challenging, this is the best way for each member to build their own career while still maintaining their careers. their group dynamics. In the future, such dual exclusive contract systems are expected to be more common" - the expert said.

Many netizens predict that YG stocks will continue to decline in the near future after Jisoo, Lisa, and Rosé officially announced their individual contract statuses. At the present time, the public's attention is focused on the movements of the remaining 3 members of BLACKPINK.

Blackpink debuted on August 8, 2016 with the title songs "Whistle" and "Boombayah". After that, the group became famous both inside and outside of Korea, while the four members Jisoo, Jennie, Rosé and Lisa all made a name for themselves in both the music and fashion fields.

In fact, it is not an exaggeration to say that Blackpink is a girl group that is "dominating" the Kpop music industry. The group also achieved a remarkable achievement when topping the US Billboard 200 chart and the UK's Top 100 official album chart and were the first Kpop girl group to do so.

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