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Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. 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. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. 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. they could either sign with another company and re-debut with another group name and other stage names or they could go solo. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay. Kang Dong-won and Rose have an age gap of 16 years between them. Sam Levinson who created Euphoria, which is a popular show led by Zendaya, is also behind it. YG gets to keep its strongest artist, while the team got to keep its name to continue promoting as a group. 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. Japan Has Millions of Empty Houses. Kang Dong Won . So, at the moment, all of Blackpink's members have 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. YG Entertainment's response to BLACKPINK member Ros and Kang . Meanwhile, Kang Dong Won signed an exclusive contract with YG Entertainment in 2016, and announced the establishment of a one-man agency after the contract expired in December of last year. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. Once their contract is over, each member might be offered to renew their contract. Why BLACKPINK Has Released Limited Music: Exploring Their History And Industry Trends. Initially, there was skepticism that the "BOOMBAYAH" singers will stay in the company due to impressive offers especially abroad to the members, yet officials close to the members claimed that the four members will most likely continue their relationship with YG unless a special reason came they had to leave the company. In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. The contract between BLACKPINK and YG is said to have been signed before June 2016, so . 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. 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 . Chris Evans gets candid about his role in 'Ghosted': 'thats fun to play', Heres everything to know about Kylie Jenner, Timothe Chalamets casual' dating. YG stated that they would renew the contract with Blackpink. Meanwhile, Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December. These numbers on one hand are making netizens wonder if the company will in fact be able to earn back the money they invest in the said time or if it will be a no-brainer for them to sign with the girls as they are more likely to continue with the group promotions thanks to their massive fandom. THIS Former K-pop Idol is Now University Professor! Blackpink disbanding would be a sad day for many of their loyal fans. While some were relieved at the groups possible separation from YG Entertainment, derived from the companys constant delay in albums and comebacks, other fans werent nearly as supportive. 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. BLACKPINK YG Entertainment is going through a myriad of changes in regard to the contract renewals of its beloved artists. 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. 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Dont celebrate literally look at Somi, one fan replied, referring to Somis own spaced-out singles and albums while under The Black Label. The Black Label is headed by producer Teddy Park, who produces music for the girl group. Second, the group comprised of Jisoo, Jennie, Lisa and Ros already established a family-like relationship, which is not easy to be destroyed. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. 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. 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. Find Out Where To Buy Tickets For Blackpinks Upcoming Concerts! Because they are tightly knit, no one in this group has expressed any desire to terminate the contract. Amid rumours, BLACKPINK's label, YG . 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. BLACKPINK is reportedly leaving YG Entertainment and will be moving to The Black Label. YG Entertainment Responds To The Ridiculous Drug Allegations Against BLACKPINK's Ros. Lisa remains one of the most sought-after artists in the world with netizens reporting posts of there being interest from the Chinese companies who are ready to put in 100 billion KRW (about $81.2 million USD approximately) to get the Thai star to join them. 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. Copyright 2023 KpopStarz.com. 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 . News surrounding BLACKPINKs possible transfer from the powerhouse YG Entertainment started flooding the internet earlier today. Look at the different treatment they give the other members, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/pPZr6S4ClY, More from NextShark: Simu Liu's new girlfriend is a digital marketing manager, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/Dvyv83JXxh, They kept belittling her ends up she's THE ONLY ONE getting offered by other companies to sign with them after knowing her contract ends this year, LISA LEAVE YG#GetThatMoneyLISA pic.twitter.com/jryFoviYcx, Stella (@fawklisaantis2) January 23, 2023. 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. As such, many fans are looking forward to encore concerts of the girl group. More from NextShark: VFX company behind 'Squid Game' reveals the surprising amount of CGI contained in the show, We will never forget how YG hurt Lisa and send her to military show when Lisa asked him to send her to Dance show !! 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. The group performed Shut Down for Jimmy Kimmel Live, MTV, and the cover shoot for Elle magazines October issue. BTS Jungkook flaunts irresistible charm that one cant escape. 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. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. n data de 17 aprilie, reprezentanii ageniei YG Entertainment au dezvluit c nu se pot pronuna cu privire relaia lui Rose cu Dong Won . Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. 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. YG Entertainment is known to give such responses before revealing the final decision, and fans have cited a similar reply regarding iKON previously. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". 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. The return of BlackPink is clearly YG Entertainment's top priority. This used to be the residence of Jang Seon Yoon granddaughter of the founder of Lotte Group. Discussion Arises After THESE 4 'Hints', 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. In an interview with Bloomberg, the girl group talked about their historic performance as the headliner at the 2023 Coachella. YG Entertainment announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. Despite the groups immense success, fans will still be devastated if the group decides to go their separate ways. She is a K-drama binge-watcher and grooves to all genres of the K-music world. According to AllKpop, BLACKPINKs ongoing Born Pink World Tour is their last official activity under YG before their contracts expire. Many wonders if all the BLACKPINK members will renew their contracts with YG as they're set to expire in August this year. After completing her engineering, Ayushi followed her passion for journalism and has been a professional writer for over 3 years now. On September 17, the Korean media outlet Insight reported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. 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. Recently, Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. Thanks to their positive response, their fans have been reassured that the group will not fold anytime soon. 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. 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. 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. On the other hand, BLACKPINK on September 16 made its much-anticipated comeback with its second studio album, "BORN PINK.". , Kang Dong Won was a part of the founder of Lotte.. Journalism and has been a professional writer for over 3 years now so, at the Coachella. Tightly knit, no one in this group has expressed any desire to terminate the contract BLACKPINK... Exploring their History and Industry Trends many fans are looking forward to Concerts... 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