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They are staying with YG Entertainment.
All 4 BLACKPINK members have formally renewed their contracts with YG Entertainment for group actions.
In a press release shared with media outlet Ilgan Sports, YG Entertainment confirmed the information of their contract renewal.
Following cautious discussions with BLACKPINK, we have now signed a brand new unique contract for the group’s actions, based mostly on the sturdy belief held in one another.
— YG Entertainment
With this, YG Entertainment has prmoised to repay BLINK all over the world with extra actions that match their world artist standing. This consists of new albums and extra world excursions.
Yang Hyun Suk additionally shared a touch upon BLACKPINK’s contract renewal.
I’m comfortable to have the ability to proceed my relationship with BLACKPINK. In the long run, BLACKPINK will do their finest to shine even brighter within the world music market and as a Ok-Pop artist. I’ll present them full assist and belief in what they do.
— Yang Hyun Suk
This affirmation comes after months of hypothesis on whether or not the BLACKPINK members can be leaving YG Entertainment. What has been famous is that this contract is just for group actions, leaving the likelihood that the members would be capable of signal with a special company for his or her particular person actions. YG Entertainment additionally shared a brief assertion relating to this to Yonhap.
We are nonetheless in discussions [regarding individual contracts].
— YG Entertainment
BLACKPINK
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Content Source: www.koreaboo.com