On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract. As to how much truth there is to these talks, one can never know. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. Fans may continuously see BLACKPINK perform together. The quartet, comprising Jennie, Lisa,. Jennie started with her solo song You and Me, followed by Jisoos recently released Flower. Rose also sang On the Ground, while Lisa showed off her rap skills with her hit Money., ALSO READ: YG Entertainment Addresses BLACKPINKs Rose Drug Use Allegations, Threatens to Take Legal Action. The disbanded of YGs senior girl group 2NE1 at the height of their popularity has been blamed on a lack of talent in the group. Stay updated with the latest Hallyu news on: Instagram, YouTube, Twitter, Facebook and Snapchat, ALSO READ:BLACKPINKs Jisoo stuns at Dior Couture show at Paris Fashion Week: Fans call her Audrey Hepburn lookalike. The K-Pop groups discography is surprisingly short, with only two studio albums under their name, as opposed to their six years in the industry, though they have also been semi-active between ambassador work and their musical endeavors. Source: YG Entertainment BLACKPINK's headlining performance at Coachella 2023 proved their global appeal and massive popularity, drawing in a crowd of 125,000 at the main stage. Exploring The Reasons Behind Roses Low Popularity In Blackpink, Exploring The Dynamic Choreography Of Hamilton: The Musical A Behind The Scenes Look, What Happened To Lisa Manoban Of Blackpink: Details Of Her Injury And Recovery, Why Blackpink Has Taken The World By Storm: Exploring The Reasons Behind The Groups Passionate Fanbase. While YG Entertainment did deny any separation from BLACKPINK, the girl group is still not expected to have any possible comebacks in the near future considering their recent album release, Born Pink. But according to the new media report by Munhwa Ilbo on January 23rd, it won't be so easy for YG Entertainment as the members are being offered much higher guarantees elsewhere. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay. With a multitude of BLINKs demanding Jisoo, Jennie, Ros and Lisa to leave, what will the quartet decide as their exclusive contracts come to an end soon? Back in 2021, BLINKS will undoubtedly present a stunning show. If the rumors are true and they give each members 20.0 billion KRW (about $16.2 million USD), for a total of 80.0 billion KRW (about $65.0 million USD), YG will need to calculate if theyll be able to make a profit within that time period. The two had been under YG Entertainment, but Gang ended his contract with the agency in . An industry insider said the group's true all-rounder, Lalisa Manoban , is offered KRW 100 (approximately US$ 81.2 million) to leave YG Entertainment. ago. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? Industry insiders are anticipating that YG will offer a down payment of at least 20.0 billion KRW (about $16.2 million USD) per member to keep BLACKPINKContract renewals are usually for 2~3 years. Have an accounting department they can convince to spend that kind of money on this acquisition. "We . Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. With their huge success, fans are now wondering if the members will renew their contract. Although there are divided opinions from BLINKs (BLACKPINK fandom) on whether they want the members to stay in YG or move to a better company with a global-scale market, it is said that it's going to work best for both sides if the team will remain. It is likely that Blackpink will sign on for another contract as they have already achieved immense popularity in the industry. An earlier rumor has surfaced that while the members will remain as a group, they plan on following in the footsteps of BIGBANG member Taeyang, who signed a contract with agency The Black Label. As of now, the girls are on their BORN PINK World Tour which began in Seoul, South Korea last year and has moved over to the USA, Europe, and more recently Asia, strengthening the already present global status of the group. Yang founded YG Entertainment in 1996 and the label has harbored some of the biggest names in South Korea's music industry, including BIGBANG, 2NE1, Wheesung, Gummy, Psy and many others. As there is no update about Lisa's debut, her fans have started speculating that she. All Rights Reserved. Soompi: YG Entertainment Announces Strong Legal Action Against Rumors Regarding BLACKPINK's Ros. Born Pink can be found and streamed on Spotify. BLACKPINK expected to stay with YG Entertainment GELABAL News 2.37K subscribers Subscribe 2.3K views 1 day ago Girl group BLACKPINK (Jisoo, Jennie, Ros, Lisa) is expected to remain as a. This means that the group has three years left on their contract before they can choose to re-sign or go their separate ways. Internet users were especially concerned if BLACKPINK will end up like their senior group 2NE1, who disbanded in their seventh year as well in 2016 despite being at the peak of their popularity. Recent rumors about a potential relationship between Blackpink's Ros and actor Kang Dong-Won have been circulating. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. Dup ce zvonurile cu privire la o posibil relaie dintre Kang Dong Won i Rose din BLACKPINK au mpnzit internetul, mai multe informaii gsii n acest articol, companiile celor doi artiti au oferit n sfrit un rspuns!. YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. BLACKPINK member Rose is seen in this photo provided by her entertainment agency, YG Entertainment. YG Entertainment is shutting down claims that BLACKPINK is transferring to their subsidiary label, The Black Label. 2007 - 2023 6Theory Media, LLC. More from NextShark: Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding. Grid.ID - Tidak ingin ada lebih banyak spekulasi, YG Entertainment merevisi pernyataan terkait kabar kencan Rose BLACKPINK dan Kang Dong Won.. Sebelumnya pada tanggal 17 April 2023, YG Entertainment merilis sebuah pernyataan terkait informasi yang beredar bahwa Rose BLACKPINK berkencan dengan aktor Kang Dong Won. BLACKPINK named Time Entertainer of the Year 2022, BLACKPINK set to make history as Coachellas first K-pop headlining act, YG Entertainment announces new girl group to debut in 2023, that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered, An earlier rumor has surfaced that while the members will remain as a group, they plan on following in the footsteps of. BLACKPINK member Rose is seen in this photo provided by her entertainment agency, YG Entertainment. On September 17, the Korean media outlet Insightreported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. . On March 4, music officials and insiders told the Korean media outlet Star News about the high expectancy level of BLACKPINK renewing their contract with its agency, YG Entertainment. The . BLACKPINK made history as the first South Korean K-pop group to headline the 2023 Coachella, and they didnt fail their fans. Since the beginning of 2023, information surrounding the renewal of the contract between YG and BLACKPINK has always become hot topics on social network platforms. "I think they would renew but I wish they would go to better companies," one fan said. Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. For more K-Pop news and updates, keep your tabs open here at KpopStarz. Blackpink has become arguably the most successful and well-known South Korean girl group in the world as they enter the seventh year of their music career. in accordance with our Privacy Statement. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. T. The company was founded in 2015 as a YG associate label led by YG producers Teddy and Kush. Indeed, BLACKPINK members will not simply move with money if they want to continue using the group name 'BLACKPINK.' Kim Sae Ron to Appear in Netflixs Bloodhounds Despite DUI Controversy: Minimal Footage Expected, Yoo Yeon Seok to make a special appearance in Dr. There are no comments in this article yet. In context, seven years is the limit of most idol contracts with their agency and often, groups part ways or a member withdraws from the team during this time; hence the nickname. With this revelation, a solo album can be expected for Jisoo within this year. YG Entertainment lost multiple notable talents at the end of 2022, with all six members of iKON leaving to pursue a contract with another company to continue group promotions, BIGBANGs T.O.P and Daesang leaving to pursue their individual endeavors, while Taeyang moved to YGs subsidiary label THE BLACK LABEL, popular actor Kang Dong Won left to reportedly set up his own agency, and formerTREASUREs Mashiho concluded his contract to focus on his health while Bang Yedam left to focus on his career as a producer. Blackpinks contract with YG Entertainment was set to expire in 2021, however, after much anticipation, YG Entertainment extended the groups contract until 2023. The report contested that the foursome will sign with The Black Label, headed by producer Teddy who has been a main force behind the group since its debut, as its contract with YG Entertainment comes to an end next year. No official announcement has been made yet but the bands management company, YG Entertainment, has said that they are currently in negotiations. Similar to Chinese actress Tang Wei, I feel that the path of an actor is more suitable for jisoo. In particular, the quartet who debuted in 2016 will have their respective contracts expire at the end of August. Insiders have quoted that the agency is expected to put down at least 20 billion KRW (about $16.2 million USD approximately) per member to keep BLACKPINK going strong for about 2 to 3 more years. In South Korea and other countries, Blackpink is promoting its latest album Born Pink. The news comes after top Korean brokerage firm NH Investment & Securities stated in a Jan. 19 analyst report that the K-pop girl group is likely to renew its contract with the label. They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. By providing this information, you agree that we may process your personal This is not a credible rumor. Later in the interview, BLACKPINK assured fans that they would stick together amid the fears that they might not renew their contracts with YG. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? With BLACKPINK's contract with YG Entertainment set to expire in August, the topic of whether the group members will renew their agreement with the talent agency has been the subject of much discussion on social media. Lalisa Manobals global influence thickening further in her homeland as well as other Southeast Asian countries is said to be the driving force behind this. If BLACKPINK renews their contracts in August, YG Entertainment will continue to be a strong force in K-pop, including G-Dragon, BLACKPINK, Winner, Akdong Musician, Treasure, and the new girl group Baby Monster, set to debut soon. LOONA's Olivia Hye steps down from 'GIRL'S RE:VERSE' due to health issues, NewJeans tops the K-Pop idol group brand value rankings for January. Epicstream is supported by its audience. The Blackpink are set to disband in 2023, according to reports. (Saying might because sometime. through links on our site, we may earn an affiliate commission. Be first to post one! It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. Currently, BLACKPINK is still conducting its world tour, "BORN PINK," the largest world tour among K-pop girl groups expected to meet 1.5 million spectators around the globe. Jisoo, Lisa, Ros, and Jennie are the four members of the group. At a press showcase for their seventh mini- album Chaos held at Yes24 Live Hall, Seoul, Blackpink members expressed their appreciation for YG Entertainment and their commitment to both their fans and the band. For any query, please feel free to contact the following departments respectively. ELFs Heartbroken After Spotting THIS Idol 'Hiding' During Super Junior's Concert, Born Rich & Talented: Meet the 4th Generation K-Pop Queens With Wealthy Upbringings, Mnet Accused Of Favoring THIS 'Boys Planet' Trainee Here's What Happened. YG stated that they would renew the contract with Blackpink. YG Entertainment shuts down dating rumors between BLACKPINK's Ros and actor Kang Dong Won By Melanie Uson Published Apr 18, 2023 11:41 am @roses_are_rosie / Instagram and The Movie Database YG Entertainment has denied dating rumors involving BLACKPINK' s Ros and its former artist, actor Kang Dang Won. BLACKPINK was initially known in the K-pop scene thanks to its agency, and YG was able to sustain its company position despite the disbandment of 2NE1 and BIGBANG hiatus, thanks BLACKPINK. However, attention is. THIS Former K-pop Idol is Now University Professor! We will update you once we know the exact end date of the contract. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. However, most fans are saying that there seems to be no reason for BLACKPINK to not renew their contracts with YG. In addition, bands such as ASTRO and BLACKPINK, who debuted in 2016, are likely to have their contracts renewed or terminated in the following year. BLACKPINK reportedly to leave YG and join The Black Label headed by Teddy? First, BLACKPINK which debuted in 2016 is set to have its contract renewal season with YG Entertainment in 2023. The concert started in Seoul, going to North America in seven cities, followed by its European tour in seven cities and now, they were embarking on its Asian leg. In addition, regarding the rumor that BLACKPINK will join The Black Label company, YG has said Unfounded. Sam Levinson who created Euphoria, which is a popular show led by Zendaya, is also behind it. First,. He also has a close relationship with BLACKPINK members. From what I understand, [agencies] in countries like China expressed their desire to offer guarantees around 100 billion KRW (about $81.2 million USD) won to Lisa, who has complete influence in not only her home country of Thailand but the Southeast Asian market. For more BLACKPINK news, stay tuned to EpicStream! This will be two months out from the end of the contract, which is why YG Entertainment might feel anxious. Many wonders if all the BLACKPINK members will renew their contracts with YG as they're set to expire in August this year. To address the rumor, their current agency issued a statement stating that the girl group will not be leaving the company, that they will not change companies, nor will they be transferring. Jisoo's interview with Rolling Stone magazine is one of the causes behind this. By Val M. Published on : 01:33 PST, Jun 13, 2022. Although BLACKPINK has been on the road to success since its debut, fans are still carefully mentioning the possible disbandment for various factors. This is also one of the reasons why many people believe that Lisa will not leave YG and continue to work in the Korean entertainment industry. Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. But insiders still believe YG Entertainment would have to offer at least 20 billion KRW per member. BLACKPINK member Ros and top star Kang Dong Won neither affirmed nor denied the dating rumours, and . We think we create the biggest synergy when there are four of us, they stated. The girl group had reportedly begun discussing their contracts way back in 2021. Recently, many people have speculated about the future of BlackPink, a Korean girl group rumored to be disbanded in 2022, with the rumor mill quickly spinning. April 3rd, 2023 BLACKPINK 's contracts with YG Entertainment end in August 2023, and K-Pop industry insiders believe that all four members will decide to stay with YG Entertainment. After a long wait, content from Blackpink has been released. This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. An exclusive report from Star News on April 4 stated that all four members seem to have. For these reasons, netizens all think that it is likely that BLACKPINK has re-signed with YG and they are just waiting for the time to announce it. Artist Background: BLACKPINK's Previous Record Labels & Contracts Embed from Getty Images. The fact that Ros attended the VIP premiere for . Still in August, the members would have to renew their deal with YG, which holds the legal rights to Blackpink, as South Korean government rules restrict idol contracts to a maximum of seven years. This is because it's a win-win situation for both sides. Although the majority of fans are positive that BLACKPINK will renew their contract with YG Entertainment, a media outlet highlighted four "hints," suggesting their disbandment. Notably, the word And More can be seen in BLACKPINKs originally released tour schedule, proving that additional dates may be announced. Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. YG Entertainment's artist dating rumour response manual has been maintained this time as well. Having similar jackets. TXT Soobin & Yeonjun Fashionable Duo in Magazine Photoshoot And MOAs Can't Stop Raving About Their Visuals, aespa Winter Radiates Elegance in First Solo Pictorial for Vogue Korea. While the reports were denied by the company, the fans theory hit the nail on the head: the company is indeed planning to debut a new girl group in the near future. Copyright 2007 - 2023 Pinkvilla Media Private Limited. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. If the rumors are true and they give each members 20.0 billion KRW (about $16.2 million USD), for a total of 80.0 billion KRW (about $65.0 million USD), YG will need to calculate if theyll be able to make a profit within that time period, they continued. allkpop is a registered trademark of 6Theory Media, LLC. YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. The record label that made them debut is their first and current record label. In 2023, BLACKPINK comprised of Jisoo, Jennie, Ros and Lisa is set to face a contract renewal discussion with YG Entertainment on their seventh year as a team. Exploring Roses Relationship Status: Is Blackpinks Rose Dating Anyone? The agency had previously stated that they could not check their artists' private matters but have been . Second, K-pop enthusiasts especially BLINKs (fandom of BLACKPINK) showed their concern about how the quartet is fast approaching the infamous "7-Year Curse." IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? The contract between BLACKPINK an YG Entertainment ends in 2023, since it lasts for 7 years since the debut of the idol group that happenned on 2016, so, it still has one year more and then we will know what will happen with the girl group after its agreement with the K-Pop agency ends. It is known that the contract for the group is set until August 2023 and any renewals or departures will have to be sorted out by then if the stars do not wish to become free agents. BLACKPINK's contract will end in 2023 | Twitter: @jenndynasty BLACKPINK debuted in 2016 and quickly became one of the top K-Pop girl groups, conquering the global market with their incredible talent, catchy songs, charming personalities, and trendsetting fashion. With 2022 coming to an end, many K-netizens are concerned about the fate of K-pop groups whose contracts will expire in 2023. Their concert shows were planned until the end of June, after which their performance at the BST Hyde Park 2023 festival in early July. Actor Kang Dong Won also parted ways at the same time. YG Entertainment's response to BLACKPINK member Ros and Kang . Naver, the popular South Korean news source, made the announcement that YG Entertainment had finally responded to the rumors, confirming that all the reports were false. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". Find Out Where To Buy Tickets For Blackpinks Upcoming Concerts! YG Entertainment announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. When BLACKPINK officially debuted, 2NE1s activities ended. Meanwhile, BLACKPINK will wrap up its current world tour this June. Photo = YG Entertainment.