Korean media reported the latest information about BlackPink’s contract with management company YG Entertainment

On November 20, Munhwa Ilbo reported that BlackPink agreed to maintain the group contract with YG Entertainment. However, the members have not agreed to sign a personal contract with this company.

Korean media reported that BlackPink agreed to maintain the group activities contract with YG Entertainment.

It is known that 2 of the 4 members have signed a contract with YG to continue working with BLACKPINK. It has been confirmed that YG will officially announce it after signing with the remaining members. However, currently no member has agreed to sign an individual contract with YG.

Regarding this information, YG Entertainment company responded: “We are still discussing, nothing has been confirmed yet.” 

The contract story of BlackPink members received attention from the public and media. Over the past several months, a series of rumors have shown that YG is having difficulty negotiating a contract with BlackPink.

Last September, there was information that three members Jisoo, Jennie, and Lisa were expected to leave the company and move to another company but would continue to participate in activities with the group 6 months/year. These three members are in the final stages of discussion with the goal of working ”individually and together”.

However, the members have not agreed to sign a personal contract with this company.

There is information that Jisoo and Lisa have both accepted offers of exclusive contracts worth tens of billions of won from Korean companies. The potential of both attracts interest from foreign investors. Jennie said she is working on a personal solo album that is “unique, Jennie-like and only Jennie can have it”.

This news shocked the entertainment industry and even affected YG Entertainment’s stock price at that time. The management company’s shares plummeted at the end of September.

Although the management company denies all baseless rumors, this still makes fans worried about BlackPink’s future activities.