Will Blackpink renew contract as group?

Blackpink, certainly one of Okay-pop’s high teams, attended Tuesday a banquet at Buckingham Palace in honor of President Yoon Suk Yeol’s state go to to the UK.

The looks of all Blackpink members — Jisoo, Rose, Jennie and Lisa — raised the likelihood that the members may renew their contract with their label, YG Leisure.

The quartet’s unique contract with YG expired in August nevertheless it nonetheless stays unclear whether or not or not the group will renew their contract with the company.

Earlier this week, native stories mentioned that the group’s 4 members are within the remaining phases of renewing their contracts with the company for group actions, citing music trade sources.

Because of this particular person members won’t be renewing their unique contracts with YG however proceed their group obligations underneath the label.

However YG continued to reiterate that “nothing has been determined but” including that the contract renewal is “nonetheless underneath negotiation.”

In contrast to most Okay-pop bands’ contract renewals that happen with out a lot fanfare, Blackpink’s contract renewal is inflicting fairly a commotion, as not solely are they a globally famend Okay-pop woman group that has made a number of firsts in Okay-pop historical past but additionally, they’re the most important profit-maker at YG.

YG Leisure’s shares fell 9 % on Sep. 14 and 13 % on Sep. 21 when there have been native media stories that Jisoo, Lisa and Jennie weren’t renewing their contracts with the label.

However shares climbed over three % on Monday after stories that the group has agreed to proceed group actions underneath the label.

Blackpink continues to broaden its wings each as people and as a bunch.

Final Friday, Blackpink’s Rose attended a spousal occasion on the Asia-Pacific Financial Cooperation summit in California to debate efforts to boost psychological well being.

The quartet held the most important world tour in Okay-pop woman group historical past this yr garnering an viewers of 1.8 million around the globe.

In addition they made historical past by changing into the primary Okay-pop woman group to headline the Coachella Valley Music and Arts Pageant this yr and the primary Okay-pop group to headline London’s main music competition, BST Hyde Park.