BLACKPINK have reportedly agreed to non-exclusive contract renewals with YG Entertainment.

According to an unique report from Munhwa Ilbo, BLACKPINK will preserve their group actions with YG Entertainment. However, the contracts that they are going to be signing with YG Entertainment are non-exclusive, which suggests they are going to be free to signal with a special company for his or her particular person promotions. It was additionally reported that two of the members have already signed this contract with YG Entertainment. The two members that did signal weren’t named.

The BLACKPINK members are a number of the extremely touted people within the free company market proper now, with rumors of firms providing down funds of as much as  ₩10 billion KRW (about $77.1 million USD) to safe their switch into their company. One Ok-Pop insider acknowledged that the BLACKPINK members are nonetheless in discussions with YG Entertainment as a result of they do consider it’s extra environment friendly to stick with YG Entertainment as they supported BLACKPINK’s actions.

YG Entertainment shared a brief assertion concerning this information.

We are nonetheless in discussions. Nothing has been determined but.

— YG Entertainment

Previously, it was reported that YG Entertainment would share their official stance on BLACKPINK’s contract renewal via a company doc.

YG Entertainment Shares New Update On BLACKPINK’s Contract Renewals

BLACKPINK

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