G-Dragon officially leaves YG Entertainment following speculation about his contract renewal and recent drug abuse allegations, which he has been cleared of by the police. YG Entertainment released a statement expressing gratitude for their time together and wishing G-Dragon well in his new chapter. G-Dragon is now linked with the agency Galaxy Corporation.
Following the announcement of BLACKPINK's group contract renewal with YG Entertainment, member Jisoo shared a nostalgic photo on her Instagram, bringing fans to tears. The photo, featuring all four members jumping mid-air, holds significance as it was taken after they were confirmed as the group's final lineup. The news of the contract renewal has reassured fans that BLACKPINK will continue promoting together as a unified group, sparking excitement among their global fanbase.
YG Entertainment has responded briefly to reports about BLACKPINK's contract renewal, stating that all four members have signed exclusive contracts for group activities. However, details about individual contracts, comeback schedule, and contract duration remain uncertain. Discussions regarding the individual contracts are still ongoing.
K-pop girl group Blackpink has renewed their contracts with YG Entertainment, as confirmed by a regulatory filing. The news caused YG's shares to rise by 26%. Blackpink plans to release a new album and embark on a world tour. The individual contracts of the group members are still being negotiated. Blackpink's previous contracts with YG expired in August.
YG Entertainment has renewed its exclusive contract with all four members of BLACKPINK, causing the stock price of the K-pop agency to soar. The news comes after previous reports suggested that some members of the group might leave the agency. BLACKPINK is the most successful K-pop girl group in the U.S. market and has achieved significant milestones, including headlining Coachella and topping the Billboard 200. The terms of the new contract were not disclosed.
Shares of K-pop agency YG Entertainment surged 29% after announcing the renewal of exclusive group contracts with all four members of Blackpink. The terms of the new deal were not disclosed, but it is speculated that the members will continue group activities under the label. This development ends the contract saga that had caused fluctuations in YG's stock price. Blackpink is one of YG's most successful acts, having achieved numerous milestones and records in the K-pop industry.
Shares of YG Entertainment, the label of K-pop group Blackpink, experienced significant fluctuations when news broke that three members would not be renewing their contracts. While uncertainty surrounding the contract renewal has weighed on the stock, the release of solo material by two members suggests that the renewal is likely. Analysts have mixed sentiments, with some expressing concerns about YG's reliance on a few artists, while others maintain a positive outlook. Contract renewals are crucial for K-pop groups due to the standardized seven-year contracts and the high cost of training and debuting new groups.
BLACKPINK's recent appearance together at the Korean State Banquet in the United Kingdom has given fans hope amidst ongoing contract negotiations. Speculations about the group's future have been circulating, but seeing them together again has brought happiness to fans.
Ahyeon has left YG Entertainment's new girl group, Baby Monster, ahead of their debut due to personal reasons. The group will now debut as a 6-member group instead of 7. Ahyeon was known for resembling BLACKPINK's Jennie and was introduced as a talented trainee by YG Entertainment. Baby Monster is set to debut on November 27.
Speculation is growing as YG Entertainment provides an update on BLACKPINK's contract negotiations, stating that they are still in negotiations despite rumors of non-renewal. Korean netizens speculate that the label is withholding the results until the debut of their new group, BABYMONSTER, and question whether some members may have joined THEBLACKLABEL.
G-Dragon has reportedly been booked without detention on charges of drug abuse by the Incheon Metropolitan Police Agency, following their investigation of Lee Sun Kyun. YG Entertainment has stated that they were not aware of the investigation and are looking into the report.
Shares of K-pop agency YG Entertainment dropped over 13% after reports emerged that three members of the popular girl group Blackpink will not be renewing their contracts with the label. The stock closed at its lowest level in almost five months. While one member is reportedly set to renew her contract, the other three are said to be in discussions with other labels, potentially adopting a "separate yet together" strategy where they would sign with other labels but still be part of Blackpink for six months of the year. YG Entertainment stated that contract talks are ongoing and nothing has been decided.
Shares of K-pop agency YG Entertainment dropped nearly 9% after reports emerged that Blackpink member Lisa has rejected a contract renewal offer. The agency's stock experienced its largest one-day decline since September 2022. Lisa, a Thailand-born member of the popular K-pop group, has reportedly turned down two offers from YG, with the contract size estimated at 50 billion South Korean won ($37.6 million). Blackpink, consisting of Jisoo, Jennie, Rosé, and Lisa, has been one of YG's most successful groups. The news comes as Blackpink concludes its "Born Pink" world tour, and their contracts with YG are expected to expire soon.
Blackpink member Jennie had to leave the stage during the group's "Born Pink" tour stop in Australia due to her deteriorating condition, according to a statement from YG Entertainment. The agency apologized to fans and said Jennie had expressed a strong determination to carry on with the performance until the end but was advised by medical professionals to not continue. Blackpink has been on tour since October of last year and is slated to close the worldwide trek in Auckland later this month. Jennie is also fresh off an eventful Cannes appearance for her role in Sam Levinson's new HBO show "The Idol."
Blackpink's Jennie left the group's concert in Melbourne due to her "deteriorating condition," according to a statement from YG Entertainment. She did not return for the remainder of the performance, but the other members continued the show. Jennie had skipped soundcheck earlier in the day. The group's next shows are scheduled for June 16 and 17 in Sydney. Jennie had previously experienced health issues after the group's last world tour in 2020.