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KPOP_MOD 25 min. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. YG Entertainment is a great company and has been that for many years until the last scandal. Copyright 2023 KpopStarz.com. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. 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. Blackpinks disbandment is assured in 2022, and it appears that the girls have expressed their desire to extend their YG Entertainment contract. Republicans look to extend transgender restrictions to adults, April snow falls from the northern Plains to New England, Here's how the Topeka-area athletes finished at the KU Relays this weekend, Cindy McCain on her drive to fight hunger, I-43 was temporarily closed Sunday after shots were fired during a road rage incident. This includes the BIGBANG members, out of whom only leader G-Dragon remains in the original company while the others have long moved over. 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. Source: daum BlackPink YG Entertainment executives are hoping the group will renew their contract, as they believe the group has the potential to become even bigger and more successful in the future. However, another rumor is spread. Despite the rumors, YG Entertainment has remained tight-lipped, choosing not to confirm or deny the . The rumours caught fire after many on the internet claimed they had evidence of the two stars together. If the band is committed to their fans, it indicates that they will be here for a long time, and fans can anticipate even more music from the band in the future. An exclusive report from Star News on April 4 stated that all four members seem to have. In addition, Lisa recently bought a real estate property worth 7.5 billion won, proving that she will be staying in Korea in the long-term, and so may have renewed her contract with YG. 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. "I wish they can renew because I want to see BLACKPINK together for a long time," another wrote. For any query, please feel free to contact the following departments respectively. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. In South Korea and other countries, Blackpink is promoting its latest album Born Pink. The members of the group have decided to part ways with YG Entertainment, according to a statement issued by the label. Meanwhile, Lisa Leave YG became a trending topic on social media after a number of Lisas fans urged her to leave YG Entertainment. Now, reports of Jisoo, Jennie, Ros, and Lisa being offered millions of dollars to stay back and not change agencies are making rounds on the internet. The band released their first album, Square One, on August 18th, 2016. The two had been under YG Entertainment, but Gang ended his contract with the agency in December. While the exact details of their contract remain unknown, it is believed that the group has signed a seven-year contract with YG Entertainment. When you purchase This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. Be first to post one! Gang Dong-won was an actor at YG Entertainment until his contract ended last December and he chose to leave the agency. Initially, the rumors stated that the K-Pop group was joining The Black Label, a company known for housing some of K-Pops largest soloists, including Somi, Teddy Park, and Zion. Blackpink Contract Rules "We heard that there were six restrictions on the contracts," the . Japan Has Millions of Empty Houses. However, it cant be denied that there are still questions about their future as a group under YG Entertainment. Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. ver 3 years now. More recent reports from industry insiders claim that multi-talented member Lisa is receiving overseas offers, one upwards of a staggering $81.2 million USD. it would be better for blackpink to disband if this is what they get from yg. We think we create the biggest synergy when there are four of us, they stated. Their concert shows were planned until the end of June, after which their performance at the BST Hyde Park 2023 festival in early July. YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. All four members of BLACKPINK are expected to renew their contracts and stay with YG Entertainment . According to one insider, Lisa is being offered 100 billion KRW to switch labels, which is practically impossible for YG Entertainment to match. Fans then felt as if the four-member team was organizing all their activities prior to parting ways. However, they have moved on and got their things together. When you take into consideration the scale of the Korean market, itll be hard for [Korean agencies] to handle that kind of offer. 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. Apply to AfreecaTV's "UP TO YOU Season 2" Global K-Pop Idol Audition Today! Exploring Roses Relationship Status: Is Blackpinks Rose Dating Anyone? Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? According to music officials and insiders, BLACKPINK which comprised Jisoo, Jennie, Ros and Lisa expected to stay with YG Entertainment FOR THIS REASON. As reported by Korea's Yonhap News Agency, Big Hit Entertainment, the K-Pop powerhouse behind BTS, has revealed its intention to invest 70 billion won (approximately $63 million) in rival K-Pop. Discussion Arises After THESE 4 'Hints', 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. 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. YG Entertainment announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. Because they are tightly knit, no one in this group has expressed any desire to terminate the contract. BLACKPINK reportedly to leave YG and join The Black Label headed by Teddy? They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. YG Entertainment has vehemently denied BLACKPINK's transfer to The Black Label. The girl group had reportedly begun discussing their contracts way back in 2021. 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. Not only among members, but the group members were also close to their dancers and producers including Teddy. According to the insider report, 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.". BLACKPINK made history as the first South Korean K-pop group to headline the 2023 Coachella, and they didnt fail their fans. Aside from that, their individual success may also get in the way, considering they can now make it on their own. 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. "When you take into consideration the scale of the Korean market, itll be hard for [Korean agencies] to handle that kind of offer, " they explained. they could either sign with another company and re-debut with another group name and other stage names or they could go solo. 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. 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. YG Entertainment had earlier claimed that Lisa was in line to make her solo debut after Jennie and Rose. Have an accounting department they can convince to spend that kind of money on this acquisition. Did You Know? 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. However, attention is. Taxi Driver 2 Shin Jae Ha, I was exhausted when filming two dramas simultaneously I want to return in Season 3 as a Rainbow Taxi member, BTS see off j-hope as a complete group, reveal family-like photo, Viewers feel like this actress was born wearing a hanbok because she has starred in so many historical dramas, BTS j-hope quietly enlisted among the arms of all members, even Jin on vacation. The agency of K-pop girl group BLACKPINK's Ros, 26, finally denied the dating rumors between her and actor Gang Dong-won, 42, after issuing a vague statement. Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT). YG entertainment remains to be their record label deal. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. From Korean and international media to experts and fans, all have their own speculations about the BLACKPINKs contract status, especially with the girl group being a major earner under YG. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! It is known that the Seongbuk area is famous for being the residence of the Korean elite. Another fan brought in the possibility of YG releasing a new girl group, in reference to 2NE1s disbanding. 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 . 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. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. 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. data By providing this information, you agree that we may process your personal BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have. Girl group BLACKPINK (Jisoo, Jennie, Ros, Lisa) is expected to remain with YG Entertainment as their contract expiration approaches in August. 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. Fans of the group, also known as BLINKS, appeared to be divided in face of all the rumors surrounding BLACKPINK. 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. Jisoo's interview with Rolling Stone magazine is one of the causes behind this. With their unique sound, vibrant personalities, and strong bond, they have created a special bond with their fans that will be hard to forget. Meanwhile, Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. It is likely that Blackpink will sign on for another contract as they have already achieved immense popularity in the industry. Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. This also means that their contract with YG as Blackpink officially started that year. In general, Kpop contracts last about 7 years, and since they signed the contract in 2016, they are likely to end in 2023 as well. The Korea Herald report also claimed discussions regarding the members' contracts and management were completed early this year. The fact that Ros attended the VIP premiere for . 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. YG Entertainment has not made any official statements regarding BLACKPINKs contract at this time. Hailey Bieber's video of comforting seemingly husband 'unwell' Justin Bieber at Coachella went viral, Ana de Armas and Chris Evans teamed up for Apple TV's upcoming action rom-com 'Ghosted', Reese Witherspoon and Jim Toth announced their divorce in March this year after 12 years of marriage, Kylie Jenner draws attention with change in her looks, Chris Evans is starring alongside Ana de Armas in upcoming film 'ghosted', Kylie Jenner and Timothe Chalamet are confirmed to be dating after sparking the rumors earlier this month, Copyright 2023. Recently, the girls have completed their concert in the capital Riyadh of Saudi Arabia, as well as in Abu Dhabi of the United Arab Emirates.They will be taking a break in the month of February, before gearing up again for various concerts from March to June in Asia, Oceania, and South America. In spite of the bittersweet response in celebration of BLACKPINKs possible transfer, YG denied all the reports a few hours later. Born Pink can be found and streamed on Spotify. Drinking, smoking, going out, driving, plastic surgery, and dating are all prohibited as part of the policy. also have real estate in this area. Have that kind of cash to throw around 2. 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. 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. Sam Levinson who created Euphoria, which is a popular show led by Zendaya, is also behind it. This is not a credible rumor. After a long wait, content from Blackpink has been released. Although BLACKPINK has been on the road to success since its debut, fans are still carefully mentioning the possible disbandment for various factors. K-Pop girl group Blackpink has taken the world by storm since their debut in 2016. Updated April 17 KST: YG Entertainment has officially denied the dating rumors between BLACKPINK's Ros and Kang Dong Won. 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 old-school group was let go by YG Entertainment in favor of debuting BLACKPINK instead. 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. Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. As such, many fans are looking forward to encore concerts of the girl group. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract. THIS Former K-pop Idol is Now University Professor! YG Entertainment teases a new group.YG NEXT MOVEMENT pic.twitter.com/Nb4f9KNvrv. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? This contract will likely keep the members of Blackpink together until at least 2023. Blackpink is one of the most popular K-pop girl groups of the moment. 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 According to AllKpop, BLACKPINKs ongoing Born Pink World Tour is their last official activity under YG before their contracts expire. Once their contract is over, each member might be offered to renew their contract. This is because it's a win-win situation for both sides. 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. So, at the moment, all of Blackpink's members have contracts with YG. WhileYG Entertainmentremains one of the more widely recognized entertainment companies in South Korea, renewing BLACKPINK after theyve earned unprecedented success in all aspects of the entertainment world may not be a simple feat. Through YG and. MLD Entertainment To Debut New Boy Group HORI7ON: Concept, Date, More Details! 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. There are no comments in this article yet. A new group, Square One, released its first album, Square One, in August 2016. This comeback is expected to be the most spectacular yet as the result of a large-scale project and a concert tour. YG Entertainment is shutting down claims that BLACKPINK is transferring to their subsidiary label, The Black Label. . Notably, the word And More can be seen in BLACKPINKs originally released tour schedule, proving that additional dates may be announced. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. 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. 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. 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. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? 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. Meanwhile, BLACKPINK will wrap up its current world tour this June. Is a South Korean girl group BLACKPINK has been that for many years until the last scandal with..., & quot ; the in South Korea and other stage names or they could go solo by. In August 2016 deny the to see BLACKPINK together until at least 2023 that. In celebration of BLACKPINKs possible transfer, YG Entertainment until his contract ended last December and he chose to YG... K-Pop Idol Audition Today several successful singles and albums while under the Black.. Around 2 once their contract 'Lazy Dancing ' Sparks OUTRAGE: what Really Happened which is a company. Sign on for another contract as they have already achieved immense popularity in the industry & # x27 s... 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