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In keeping with an unique by South Korean outlet Munhwa Ilbo, particular person members is not going to be renewing their unique contracts with YG however the group agreed to proceed group actions as Blackpink underneath the label.
Munhwa Ilbo mentioned “unique contracts between every member and YG Leisure weren’t signed. Sooner or later, they plan to hold out particular person actions and are available collectively just for Blackpink actions,” in response to a Google translation.
The report added that two members already signed a contract “agreeing to proceed Blackpink’s actions,” with out naming the members.
It is the most recent growth in a long-running contract saga involving the four-member group made up of members Jisoo, Jennie, Rosé, and Lisa.
On Tuesday final week, YG mentioned in its quarterly report that Blackpink’s contract is being negotiated, and the corporate will disclose the outcomes “later.”
Blackpink is arguably one in every of YG’s most profitable acts, with the corporate claiming the group’s latest world tour attracted 2.11 million individuals around the globe, spanning 66 performances in 34 cities.
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