YG Entertainment's stock price is showing a strong performance in the early hours of the market on the 19th, thanks to a brokerage report predicting a high possibility of renewing Blackpink's contract. 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 . The other members have not stated plans of making any comebacks yet however, Jennie will be making her acting debut as Anys in The Weeknds HBO program The Idol, also starring Lily-Rose Depp in the lead role. Now that they also have multiple groups coming up, we hope that BLACKPINK will resign with YG Entertainment in the future. However, with their immense popularity, the group could possibly renegotiate their contract with YG Entertainment in the future. We will update you once we know the exact end date of the contract. This comeback is expected to be the most spectacular yet as the result of a large-scale project and a concert tour. By India Today Entertainment Desk: BLACKPINK member Rose and actor Kang Dong-won have been rumoured to be dating for a while now. First,. Many rumours started floating about saying that the girls had moved to the companys subsidiary THEBLACKLABEL much like BIGBANGs Taeyang. Blackpink already completed discussing the terms with the firm associated with YG Entertainment, it added. Documentary about BTS' J-Hope gets official Disney Plus release date, Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding, VFX company behind 'Squid Game' reveals the surprising amount of CGI contained in the show, Simu Liu's new girlfriend is a digital marketing manager, Student with 2 published books, 4.2 GPA and 1560 SAT score rejected by Harvard, MIT, Yale and Princeton, Georgia teen 'was not tortured' during the house party that left him on a ventilator, DA says, adding that the teen 'voluntarily' drank until he blacked out, 3 Senate Republicans vow to block Feinstein's Judiciary replacement. Meanwhile, BLACKPINK, which officially debuted on August 8, 2016, has been active for nearly seven years and has stood tall as a top global girl group. In an interview with Bloomberg, the girl group talked about their historic performance as the headliner at the 2023 Coachella. YG Entertainment teases a new group.YG NEXT MOVEMENT pic.twitter.com/Nb4f9KNvrv. The Blackpink girl group was formed by YG Entertainment and is one of South Koreas most popular groups. Industry insiders have shared their two bits on this saying that the company is planning on spending a lot to be able to retain the group as well as the girls. In addition to the BORN PINK world tour schedule, BLACKPINK is confirmed to perform at the British Summer Time Festival on July 2, 2023. According to the MCs, the participants were informed that there were six contract restrictions. Blackpink's current contract Blackpink's first album, Square One, came out on August 18, 2016, which was their official start date. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. Actor Kang Dong Won also parted ways at the same time. Once their contract is over, each member might be offered to renew their contract. . Blackpinks disbandment is assured in 2022, and it appears that the girls have expressed their desire to extend their YG Entertainment contract. 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 . He also has a close relationship with BLACKPINK members. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay together despite their success as solo artists, seemingly hinting at contract renewal. She may be in demand, but the figure quoted is completely unbelievable. It is no secret that Blackpink is one of the most successful K-pop bands of all time. On October 23, YG Entertainment announced, "BLACKPINK recently signed a contract with Interscope, a label under Universal Music, the world's largest record company. Another fan brought in the possibility of YG releasing a new girl group. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. All Rights Reserved. Updated April 17 KST: YG Entertainment has officially denied the dating rumors between BLACKPINK's Ros and Kang Dong Won. He ended his contract with the agency in December 2022. 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. The two had been under YG Entertainment, but Gang ended his contract with the agency in December. BTS Jungkook flaunts irresistible charm that one cant escape. Meanwhile, BLACKPINK will wrap up its current world tour this June. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . Kylie Jenner 'lip filler undone' in Coachella photos? As such, many fans are looking forward to encore concerts of the girl group. In addition, regarding the rumor that BLACKPINK will join The Black Label company, YG has said "Unfounded". Some A-list artists such as Bae Yong Joon, Lee Seung Gi, etc. Artist Background: BLACKPINK's Previous Record Labels & Contracts Embed from Getty Images. Fans of the group, also known as BLINKS, appeared to be divided in face of all the rumors surrounding BLACKPINK. Jisoo's interview with Rolling Stone magazine is one of the causes behind this. (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT). This also means that their contract with YG as Blackpink officially started that year. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. Should celebrity couples with huge age gaps get criticized for dating despite being all adults? Through YG and. The Battle For The Best: Can Blackpink Beat BTS In The K-Pop Phenomenon? BLACKPINK was also announced as one of the headliners, the first for any K-pop girl group, at this years Coachella music festival where they will perform for 2 weekends. They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. With their huge success, fans are now wondering if the members will renew their contract. The agency had previously stated that they could not check their artists' private matters but have been . 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. Have that kind of cash to throw around 2. 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. Gang Dong-won was an actor at YG Entertainment until his contract ended last December and he chose to leave the agency. Reports Claim Overseas Companies Are Willing To Pay Millions For BLACKPINKs Lisa, And Its Seen YG Entertainments Stocks Plummet, Netizens Are Left In Awe At BLACKPINK Jisoos Beauty In Recent Update, IVEs Jang Wonyoung Proves Her BLINK Status By Joining BLACKPINK Jisoos Flower Dance Challenge, BLACKPINK Lisas MONEY Outfit At Coachella 2023 Stole The Show Here Are All The Expensive Details Of Her Dazzling Look, BLACKPINK Gain Praise After Incorporating Korean Culture Into Their Historic Coachella 2023 Performance. The YouTube live . 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. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? 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 announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. Another fan brought in the possibility of YG releasing a new girl group, in reference to 2NE1s disbanding. There are numerous scenes in the MV for Shut Down that pay homage to previous hit songs by Pitbull. 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. For any query, please feel free to contact the following departments respectively. However, another rumor is spread. 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. NewJeans' Style Transformation: Rookie Girl Group Barely Recognizable in Airport Attire! K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. Did You Know? Many wonders if all the BLACKPINK members will renew their contracts with YG as theyre set to expire in August this year. More from NextShark: Documentary about BTS' J-Hope gets official Disney Plus release date. They have released several hit singles and albums, with many of their songs reaching the top of the music charts. Drinking, smoking, going out, driving, plastic surgery, and dating are all prohibited as part of the policy. 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. 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. All Rights Reserved. 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. 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. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. 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. Aside from performing their greatest hits, like Boombayah and Kill This Love, the girls performed their solo songs. The posts reportedly come from Lisa fans who believe the company has mistreated the member several times in the past. BLACKPINK's Lisa | @lalalalisa_m/Instagram However, most fans are saying that there seems to be no reason for BLACKPINK to not renew their contracts with YG. 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. As of this writing, none of the parties involved have confirmed any of the reports. 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. 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. 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