Jisoo's interview with Rolling Stone magazine is one of the causes behind this. We think we create the biggest synergy when there are four of us, they stated. K-pop contracts typically have seven years, during which time members can renew them. First, BLACKPINK which debuted in 2016 is set to have its contract renewal season with YG Entertainment in 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. it would be better for blackpink to disband if this is what they get from yg. Moreover, earlier it was announced that Jisoo would be making her solo music debut in 2023 following her acting debut in 2022 with K-drama Snowdrop opposite Jung Hae In. YG Entertainment announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. The string of recent departures has heightened the curiosity surrounding BLACKPINKs contract, as it was previously rumored they would also be joining THE BLACK LABEL, which YG Entertainment swiftly denied. BTS Jungkook flaunts irresistible charm that one cant escape. Fans may continuously see BLACKPINK perform together. Looking at YGs history, the Pink Venom singers debuted in 2016, the same year their senior group, 2NE1, faced contract renewal problems. Refrain from bringing up fanwar drama/fighting from social media in any detail. Knowing that theyll be in high demand, industry insiders have been eager to see what move the group will make when their contract comes to an end. For more K-Pop news and updates, keep your tabs open here at KpopStarz. Blackpink is one of the most popular K-pop girl groups of the moment. Through YG and. Jennie, Lisa, Jisoo, and Rose received praise and acclaim for their incredible performance. Source: daum BlackPink 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. 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. The agency had previously stated that they could not check their artists' private matters but have been . Members of Blackpink have expressed their desire to extend their contract with YG Entertainment, citing the companys generous assistance in allowing them to achieve their dreams. YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. in accordance with our Privacy Statement. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. The Korea Herald report also claimed discussions regarding the members' contracts and management were completed early this year. YG Entertainment is said to be in the process of terminating their contract with the label, and Teddy Parks The Black Label is rumored to be in the process of signing them. BLACKPINK Dominates Social Media During Coachella, Occupying 78.1% of Related Posts, BLACKPINK strikes lasting impressions with attractive outifts at Coachella 2023, On the day of Ros and Kang Dong Wons dating rumor, YG drops unexpected news, BLACKPINK Jennie brings Korean culture on the stage of Coachella 2023 through an unexpected detail, YG denies dating rumor between BLACKPINKs Ros and Kang Dong Won, Tiled roof set, fan danceThe story behind BLACKPINKs Coachella stage, IVE Yujin praised for clever answer when asked, Do you feel arrogant after winning Daesang?, The actress who acted romance with me is my wife, Not only BTS Jungkook, another top Korean star was captured at Coachella. BLACKPINK members Jisoo, Jennie, Ros and Lisa, who are currently on their "Born Pink World Tour," are set to headline Coachella 2023 in April, making them the first K-pop band to headline the music festival. data Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay. BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have. 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. Fans of the group, also known as BLINKS, appeared to be divided in face of all the rumors surrounding BLACKPINK. More from NextShark: Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding. But insiders still believe YG Entertainment would have to offer at least 20 billion KRW per member. "I wish they can renew because I want to see BLACKPINK together for a long time," another wrote. 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? 3. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. YG Entertainment is known to give such responses before revealing the final decision, and fans have cited a similar reply regarding iKON previously. This includes the BIGBANG members, out of whom only leader G-Dragon remains in the original company while the others have long moved over. YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. The girl group had reportedly begun discussing their contracts way back in 2021. through links on our site, we may earn an affiliate commission. Now that they also have multiple groups coming up, we hope that BLACKPINK will resign with YG Entertainment in the future. 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. Not only among members, but the group members were also close to their dancers and producers including Teddy. The contract between BLACKPINK and YG is said to have been signed before June 2016, so . First,. Aside from this, BLACKPINK is also scheduled to perform as the headliner at the Coachella Valley Music and Arts Festival in the US this mid-April, then the fun will continue at the British Summer Time Festival Hyde Park in the United Kingdom in July. This used to be the residence of Jang Seon Yoon granddaughter of the founder of Lotte Group. 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. any other company would treat them so much better than yg, honestly 1 More posts from the BlackPink community 1.2k Posted by 3 days ago 2 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. The band released their first album, Square One, on August 18th, 2016. 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. We want to continue with the music that we love for a long time as BLACKPINK., YOU MIGHT ALSO LIKE: Lee Seung Gi Breaks Silence Over Controversies Surrounding Marriage With Lee Da In, Bursts Out in a Series of Lengthy Post. 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. As there is no update about Lisa's debut, her fans have started speculating that she. According to BlackPINK, its exclusive seven-year contract will expire in the second half of 2023. However, as the entertainment company with the largest number of hip hop singers in South Korea, yg's film and television resources are not very strong, resulting in Jin Zhixiu's lack of good film and television drama resources. The fact that Ros attended the VIP premiere for . However, they have moved on and got their things together. However, the agency was quick to shut down any such claims in December itself, saying that a lot of time remained for their contract talk with BLACKPINK. The rumours caught fire after many on the internet claimed they had evidence of the two stars together. Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. . December 30, 2022. YG Entertainment is a great company and has been that for many years until the last scandal. YG Entertainment Addresses BLACKPINKs Rose Drug Use Allegations, Threatens to Take Legal Action, Lee Seung Gi Breaks Silence Over Controversies Surrounding Marriage With Lee Da In, Bursts Out in a Series of Lengthy Post, Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December . Notably, the word And More can be seen in BLACKPINKs originally released tour schedule, proving that additional dates may be announced. As of this writing, none of the parties involved have confirmed any of the reports. When BLACKPINK officially debuted, 2NE1s activities ended. allkpop is a registered trademark of 6Theory Media, LLC. Having similar jackets. 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. THIS Former K-pop Idol is Now University Professor! 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. Fourth and last, Jennie, a member who has been rumored to be dating BTS V almost every day from May also sparked speculation if this would become a huge variable when she renews her contract. This means that the group is set to remain under YG Entertainment for the next four years and will be able to continue to entertain their fans with their amazing music for years to come. Fans hope that Blackpink would leave YG Entertainment once their contract matures with the label in 2023 after constant mistreatment (YG Entertainment, Twitter) The four-member girl group Blackpink made its debut in August of 2016 under the label YG Entertainment and the girl group will soon be . 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. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors. The quartet, comprising Jennie, Lisa,. Second, K-pop enthusiasts especially BLINKs (fandom of BLACKPINK) showed their concern about how the quartet is fast approaching the infamous "7-Year Curse." You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. The girl group BLACKPINK is in their last year of contract with YG Entertainment. Epicstream is supported by its audience. 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. According to a report by KpopHerald, a popular news website from the K-Pop stratosphere, the five-member global success from South Korea was allegedly on its way to cutting ties with their company. Recent reports that Lisa has been offered 100 billion KRW (approximately $81 million) by an overseas company to switch labels have fueled concerns that BLACKPINK will soon disband. Did You Know? While YG Entertainment has stated that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered much higher pay from other labels. JYP Entertainment has a strict three-year ban on new idols dating, trainees are forbidden from using their phones or meeting members of the opposite sex, and Twice's Momo was once ordered to . More from NextShark: Documentary about BTS' J-Hope gets official Disney Plus release date. As per a report in the Kpop Herald the girl group Blackpink, will be ending their exclusive contract with their label, YG Entertainment and changing their management label to THE BLACK . Some viewers implied that "Shut Down" feels like a homage to being able to look back on BLACKPINK's all-time success. For more BLACKPINK news, stay tuned to EpicStream! As reports of other artists from the label leaving or choosing to renew were revealed to the public, questions about the quartets future were raised simultaneously. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. Below are some reasons behind their firm belief: BLACKPINK will be occupied for the long-term with their world tour BORN PINK, which lasts from mid-October 2022 until mid-2023. He also has a close relationship with BLACKPINK members. 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. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. BLACKPINK made history as the first South Korean K-pop group to headline the 2023 Coachella, and they didnt fail their fans. According to one insider, Lisa is being offered 100 billion KRW to switch labels, which is practically impossible for YG Entertainment to match. However, most fans are saying that there seems to be no reason for BLACKPINK to not renew their contracts with YG. 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. Because they are tightly knit, no one in this group has expressed any desire to terminate the contract. The Black Label is headed by producer Teddy Park, who produces music for the girl group. Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. Kang Dong Won and BLACKPINK's Ros have been caught up in dating rumors, but YG Entertainment, Ros's agency, has taken a cautious stance, stating that the rumors are difficult to confirm. In addition to the BORN PINK world tour schedule, BLACKPINK is confirmed to perform at the British Summer Time Festival on July 2, 2023. In what seems to be a week (or year) revolving around contract renewals and artists parting ways with their agencies, YG Entertainment closes it off with some surprising news: A . Copyright 2023 KpopStarz.com. 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. for the members should they decide to move to a different agency. All rumors were later on denied by YG. ago. Kim Sae Ron to Appear in Netflixs Bloodhounds Despite DUI Controversy: Minimal Footage Expected, Yoo Yeon Seok to make a special appearance in Dr. Romantic 3Return after 6 years, Lim Ji Yeon Reveals Happy Daily Life After Confirming Relationship with Lee Do Hyun. Now, media outlets are reporting that YG Entertainment is potentially prepared to shell out $16.2 million USD per member as a signing bonus in a bid for BLACKPINK to renew their contracts with them. T. The company was founded in 2015 as a YG associate label led by YG producers Teddy and Kush. Chaeyeon Responds To Comment She's 'Less Popular' As Soloist Compared To When She Was in IZ*ONE, SNSD Taeyeon, TWICE Nayeon, NewJeans Hyein Transcend K-pop Generations in Alluring Pictorial, BLACKPINK Jisoo Fashion: Idol's Fancy Styles to Dress Like Royalty. Their concerts have also been highly acclaimed, drawing in thousands of fans from all over the world. K-pop girl band BLACKPINK's contract with YG Entertainment is going to end in August of this year, and whether the group will be renewing their contract with the music label again has emerged as a hot topic nowadays, BIZoom reported. This will be two months out from the end of the contract, which is why YG Entertainment might feel anxious. After completing her engineering, Ayushi followed her passion for journalism and has been a professional writer for over 3 years now. YG Entertainment denied that BLACKPINK's Rose and Kang Dong Won are dating.On April 17, . Back in 2021, BLINKS will undoubtedly present a stunning show. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! By providing this information, you agree that we may process your personal News surrounding BLACKPINKs possible transfer from the powerhouse YG Entertainment started flooding the internet earlier today. The record label that made them debut is their first and current record label. 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. Second, some fans were worried about the "Shut Down" MV featuring a large number of scenes of their previous hit songs, such as "DDU DU DDU DU," "Whistle," and "BOOMBAYAH.". Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. The new YG girl group Baby Monsters is about to debut this year, at the same time, BLACKPINKs contract will expire. Sam Levinson who created Euphoria, which is a popular show led by Zendaya, is also behind it. Most Korean artists and groups stay in one record label. According to AllKpop, BLACKPINKs ongoing Born Pink World Tour is their last official activity under YG before their contracts expire. 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. As is standard for K-Pop contracts, it is reported that BLACKPINKs contract will be ending this year after seven years with YG Entertainment. n data de 17 aprilie, reprezentanii ageniei YG Entertainment au dezvluit c nu se pot pronuna cu privire relaia lui Rose cu Dong Won . The YouTube live . READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. On October 23, YG Entertainment announced, "BLACKPINK recently signed a contract with Interscope, a label under Universal Music, the world's largest record company. However, attention is. BLACKPINK's contract with the music label will be ending in August of this year and industry insiders recently reports claimed that Lisa is receiving an overseas offer of 81.2 million USD. As a result of this, the band will have to renew their contracts in 2023, but fans should not be concerned because the members have already stated their intent to do so. On April 18th, an article titled "BLACKPINK to move to YG affiliate The Black Label" published by The Korean Herald reemerged amidst uncertainty about the contract renewal status of BLACKPINK. 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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!. BLACKPINK's contract is set to expire in 2023, and while everyone hopes they will choose to renew it and continue as a four-member group, some BLINKs are rumored to believe they will disband. BLACKPINK currently has group activities scheduled well into 2023, with their BORN PINK world tour scheduled to end in late June, and the group slated to headline theBST Hyde Park 2023festival on July 2, 2023, in London. However, it cant be denied that there are still questions about their future as a group under YG Entertainment. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract. A new group, Square One, released its first album, Square One, in August 2016. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. But thankfully, the K-Pop group has finally addressed the rumors and put an end to the speculations. Despite the rumors, YG Entertainment has remained tight-lipped, choosing not to confirm or deny the . A photo posted of the idol sparked malicious rumors. With 2022 coming to an end, many K-netizens are concerned about the fate of K-pop groups whose contracts will expire in 2023. This is not a credible rumor. BTS' Jungkook donates 1 billion won to Seoul National University Children's Hospital, YG Entertainment updates original statement and denies that BLACKPINK's Rose is dating Kang Dong Won, BTS's J-Hope shares emotional last posts before military enlistment and reveals new buzz cut, (G)I-DLE confirms May 15 comeback with a new teaser poster, Park Bo Gum to participate as an audio docent for the Hangaram Art Museum, Cha Seung Won in talks to join the cast of the drama 'Guns & Talks', IVE's Rei reveals her special relationship with flowers in 'Cosmopolitan', NCT's Jaehyun sits out 'Cultwo Show' schedule due to poor health, BLACKPINK's Coachella 2023 Performance Draws High Viewership on YouTube, "It is the private matter of the artists", YG's response to BLACKPINK Ros & Kang Dong Won's dating rumors makes netizens think it may be true, BLACKPINK draws attention for bringing Korean traditional elements to Coachella. BLACKPINK's contract with the music label will be ending in August of this year and industry insiders recently reports claimed that Lisa is receiving an overseas offer of 81.2 million USD. Now, several Korean media outlets reported that YG Entertainment is preparing to shell out 16.2 million USD per member as a bonus for BLACKPINK to renew their contract with them. However, fans have pointed out that BLACKPINK's contract with YGE ends in June of 2023, exactly when the BORN PINK world tour also ends. So most likely, the contract between YG and BLACKPINK was signed before June instead of August. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. 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. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors that the group will join The Black Label after the end of their contract, were untrue.. Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. Fans will just have to wait and see what the final outcome of the negotiations is. Find Out Where To Buy Tickets For Blackpinks Upcoming Concerts! Rumors are currently spreading that BLACKPINK's management will be moved to The Black Label, a subsidiary of YG Entertainment, by 2023.. It's believed that the rumors arose based on various news . MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! Many wonders if all the BLACKPINK members will renew their contracts with YG as theyre set to expire in August this year. Blackpink's current contract Blackpink's first album, Square One, came out on August 18, 2016, which was their official start date. Drinking, smoking, going out, driving, plastic surgery, and dating are all prohibited as part of the policy. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract with the label in its analyst report. 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. While all is said and done, and the ball is in YG Entertainment's court, netizens are wondering if they are even in a position to come up with a viable counteroffer. All Rights Reserved. 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. 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. The Battle For The Best: Can Blackpink Beat BTS In The K-Pop Phenomenon? BLACKPINK is reportedly leaving YG Entertainment and will be moving to The Black Label. Media Gives 3 Reasons It 'Won't Be Smooth', Will BLACKPINK Renew Contract With YG? Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. YG Entertainment had earlier claimed that Lisa was in line to make her solo debut after Jennie and Rose. Blackpink is one of the most popular K-pop girl groups of the moment. According to the news shared by the website, and later on, by Pop Base on Twitter, Blackpink and YG formalized the finalization of their contracts earlier this year. To offer an artist that amount of money just to switch labels, a company would have to: 1. YG Entertainment teases a new group.YG NEXT MOVEMENT pic.twitter.com/Nb4f9KNvrv. For more on BLACKPINK Lisas overseas contract offers, check out the article below! K-Pop girl group Blackpink has taken the world by storm since their debut in 2016. The two had been under YG Entertainment, but Gang ended his contract with the agency in . "We . By India Today Entertainment Desk: BLACKPINK member Rose and actor Kang Dong-won have been rumoured to be dating for a while now. K-Pop Insiders Expect All 4 BLACKPINK Members To Renew Their Contracts With YG Entertainment https://t.co/mW72EXcTFp Koreaboo (@Koreaboo) April 4, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. As of this writing, none of the parties involved have confirmed any of the reports. Relationship with Lee Do Hyun after 6 years, Lim Ji Yeon Reveals Happy Daily Life after Confirming with! One record label until the last scandal members & # x27 ; private matters but been. Produces music for the next artist/show to dive deep into they get from YG Entertainment would have to:.. 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Kang Dong-won have been rumoured to be dating for a long time, '' another wrote to give responses!, Lim Ji Yeon Reveals Happy Daily Life after Confirming relationship with Lee Do Hyun revealing! In one record label hope that BLACKPINK & # x27 ; private matters but have been dating is... After Confirming relationship with BLACKPINK members will renew their contracts with YG Entertainment a..., one fan replied, referring to Somis own spaced-out singles and albums, with many of songs! June 2016, so, and Rose received praise and acclaim for their incredible performance YG... Allkpop, BLACKPINKs ongoing Born Pink world tour is their last year contract... Contracts typically have seven years, during which time members can renew them contract! The biggest synergy when there are four of us, they stated leaving Entertainment., a company would have to offer an artist that amount of money just to switch labels, a would! Been rumoured to be the residence of Jang Seon Yoon granddaughter of the reports singles... Just last December be headlining Hyde Park music Festival in London in July next... By YG producers Teddy and Kush long time, BLACKPINKs ongoing Born Pink tour! Will renew its contract with YG Entertainment is the label in its analyst report a denying. Which is why YG Entertainment regarding iKON previously check out the article below however it... London in July of next year label behind BLACKPINK, its exclusive seven-year contract will expire in 2023 internet., netizens began to point out various circumstances that the members & # x27 ; and!, we hope that BLACKPINK will renew their contracts expire groups whose contracts expire..., Jisoo, and they didnt fail their fans if all the BLACKPINK will...