BLACKPINK's future is decided, individual contracts of 4 members are revealed, there are many surprises

After officially renewing the group contract with YG, BLACKPINK still makes fans worried because the individual contract has not yet been decided. Many Korean experts have also predicted the future of the attention-grabbing "four great beauties" of Kpop.

Although BLACKPINK has now re-signed a contract with YG, a part of fans cannot help but worry because the re-signed contract is only for the purpose of "group activities". As for individual contracts, on December 6, YG officials said that the company and the members are currently discussing.

Herald Economic reported on December 18 that, according to NH Investment & Securities, YG has resolved their biggest problem - which is Blackpink's contract extension and now there are no more concerns.

In a report on the same day, researcher Lee Hwa Jung revealed that YG's target stock price (87,000 won) has currently remained stable. "With Blackpink's official contract extension - the biggest uncertainty has been resolved.

Baby Monster's debut song was also successful, so there are no more worries. The rapid growth of Baby Monster and Treasure and the return of Blackpink will be an opportunity for YG to increase their stock price significantly" - researcher Lee added.

In addition, regarding the terms of Blackpink's new contract, the expert said: "It seems that the increase in profit distribution ratio for artists is limited and the advance payment has been determined within the scope capital can be recovered.

Meanwhile, with the issue of unconfirmed individual contracts of Blackpink members, researcher Lee said: "Individual contracts are expected to be flexible. In case individual activities require Asking for the name 'Blackpink', like a solo album, there is a high possibility that the members will cooperate with YG because the company holds the trademark rights."

"Independence will be guaranteed for individual activities, in which demonstrating members' individual skills is more important, such as participating in variety shows or launching brand businesses. However, all individual activities will be carried out within the scope of not interfering with group activities" - Lee Hwa Jung commented.

Previously, on the morning of December 7, Dispatch also reported that Yang Hyun Suk was the biggest beneficiary after BLACKPINK re-signed the contract. In particular, news site Dispatch also revealed in the article: "Although YG has renewed the contract with BLACKPINK regarding group activities, they are still discussing individual activities. It is known that some members have expressed intention to follow my own path rather than with YG when it comes to personal activities."

At the time the contract status was not announced, there was a lot of information circulating about the 4 BLACKPINK members negotiating terms with different companies. Rosé was caught having a private meeting with Ron Penny - President and CEO of American record label Columbia Records. Lisa was repeatedly emphasized by Korean media that she soon decided to follow her own path. As for Jisoo - Jennie, there was information reported by Korean media that they would both establish their own management company.

However, Korean newspaper Munhwa Ilbo once revealed that 2/4 members are considering continuing to sign individual contracts with YG. A leader in the entertainment industry said: "There are places that pay tens of billions of won in advance to recruit them. However, some members think that cooperating with YG will be more effective, because the company has a lot of experience supporting them." BLACKPINK's activities up to now, so they are still in contact with YG."

In response to the above information, YG Entertainment said: "Nothing has been confirmed and we are discussing."

BLACKPINK sets a comeback date, a shocking Kpop explosion in August, fans are excited Phúc Sen11:06:32 21/07/2024Fans of Korea's top girl group - BlackPink are extremely excited about the news that the group will return in an activity, taking place next August. This is a rare full combination of 4 members, after the members separated into their own companies.