On the 6th, news of the group's contract extension was announced.
Jenny launched her own label last month.
Source: YG Entertainment
[The Fact | [Reporter Gong Mina] Four members of the group Blackpink (Jisoo, Jennie, Rosé, Lisa) will leave the management company YG Entertainment. However, the group will continue to cooperate with YG Entertainment with a limited number of activities.
Management company YG Entertainment said on the 29th, "We recently signed a contract extension for Blackpink's group activities and agreed not to proceed with a separate additional contract for individual activities."
The company added, "We will do our best to support Blackpink's activities and will support the members' individual activities."
Previously, YG Entertainment announced on the 6th that they had signed an exclusive contract with Blackpink regarding group activities. Accordingly, Blackpink will release a new album and organize a world tour with YG Entertainment.
Meanwhile, YG Entertainment continuously stated that they are "discussing" the members' individual exclusive contracts and there are rumors in the industry that the 4 members will not sign individual exclusive contracts. Finally, YG Entertainment officially announced that no individual exclusive contracts were signed on this date.
Meanwhile, Jenny recently announced on social media that she launched her personal label ODD ATELIER last month. It is expected that the 3 members will also announce specific plans about personal activities in the near future.
Blackpink debuted in August 2016 and has received widespread love globally. They left behind various records, including being the first K-pop girl group to reach No. 1 on the Billboard 200, the main album chart of the US Billboard, the first Asian artist to top Coachella and Hyde Park, and the first pop girl group to enter a European stadium venue.
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