Jisoo - Jennie were "formed" by fans to support opening a company, exposing the reason why YG hid BLACKPINK's contract

The K-Pop music community is once again abuzz with the news that Jisoo and Jennie will leave YG and establish their own company. Accordingly, the reason why the company is still keeping the group's contract in the dark is also "exposed".

All attention is currently focused on BLACKPINK's future after the group's contract with YG Entertainment expired.

While the entertainment company continuously affirmed that it was still discussing contracts with the members, related rumors exploded at breakneck speed. According to the latest news, Jennie and Jisoo will leave YG to establish their own company.

Faced with this information, unlike expectations, fans were extremely excited and completely supported the two idols. Accordingly, they believe that Jennie and Jisoo are both the biggest stars in K-Pop today.

Therefore, establishing your own company is understandable. They can also easily succeed when they have achieved many achievements and have a certain position in the hearts of the public.

Some fans pointed out that BLACKPINK members still have many limitations when under YG Entertainment. If they establish their own company, members can be free to be creative and take on projects to better develop themselves.

However, there are still some concerns about this separate company idea.

- I have never seen an idol be so successful after establishing their own company.

- What will happen to BLACKPINK? Owning a company takes a lot of time and it is difficult for them to continue group activities.

- I don't think this idea is a good one..., some other comments from the audience.

In response to this, YG once again stated: "Nothing has been confirmed about contract renewal or future activities."

In addition, many comments expressed confusion as YG Entertainment has remained vague about BLACKPINK's contract all this time.

Accordingly, BLACKPINK's exclusive contract with YG ended in August but up to this point, no official information has been released by the company. The audience clearly understands that BLACKPINK is YG's "trump card" at the moment. They have just conducted the biggest tour in Kpop girl group history. Many different theories have been raised after the group ended its contract.

The news that Lisa received contract offers worth tens of billions of won from foreign representative companies such as China and Thailand has been brewing for a long time. The latest news is that she has agreed to join an American record label with a larger amount of money than the amount offered by YG. Jisoo focuses on her role as an actress, starting her acting career, while Jennie is looking for a company that can fully support her solo career rather than YG. There have been many theories about whether the above information is true or not. After all, Rosé is said to be the only member of BLACKPINK to continue working under YG.

However, YG only repeats the opinion "nothing has been confirmed" every time Korean media reports on BLACKPINK's contract. Many fans were tired when YG was late in negotiating the contract.

Many experts have stated: "Of course it is difficult for YG to express its opinion." Currently, BIGBANG - the company's mainstay - and iKON are gone, and Winner is enlisting in the army. Treasure is growing year by year but is still just a rookie and the release of Baby Monster has been postponed.

After all, only BLACKPINK is responsible for YG. The company earned more than 350 billion won (about 265 million USD) in profits from the world tour, including product sales. During this time, if YG cannot convince BLACKPINK to renew their contract, the company will be severely affected.

In fact, YG's stock price plummeted because it was uncertain whether BLACKPINK members would renew their contracts or not" - Sports Chosun commented.

Sports Chosun said that BLACKPINK seems to still be hesitant or is gathering opinions on whether to "maintain the group": "In fact, love for BLACKPINK is not proportional to willingness to extend the contract with YG. They "If I want to leave the company, I can still work under the name BLACKPINK and promote as a complete group. But it's unclear whether YG will accept it or not."

According to Sports Seoul, Rosé confirmed her contract extension with YG, the remaining three members - Jennie, Jisoo and Lisa - are in the final stages of negotiations. The members agreed to a special deal if they were in different companies - to remain active as BLACKPINK for 6 months each year.

In Kpop, there are many groups that operate in this form, such as Mamamoo, Girls' Generation... They still maintain group activities even after they have moved to another company, but this can only happen. occurred when more than half of the members remained with the original management company. However, joint activities also gradually decreased.

In fact, the question that is being asked a lot these days is: Will YG release negative articles if BLACKPINK members refuse to renew their contracts?

Many netizens consider these rumors to be just media play. Some people even speculate that YG Entertainment may release negative articles about members who do not renew their contracts.

What will be the future of BLACKPINK if Jennie and Jisoo set up their own company? YG's response is "dizzying" fast. Uyển Đình10:30:49 26/09/2023Rumors of Jisoo and Jennie establishing their own company after their contract with YG ended made fans restless. Many questions have been raised about BLACKPINK's future. Quickly, YG responded to appease public opinion.