However, according to Munhwa, the members' individual exclusive contracts with YG Entertainment have not been confirmed. According to Naver, member Lisa decided to go her own way, while the other members were also invited to sign contracts with other companies.
Regarding the above information, YG Entertainment said: "Nothing has been confirmed and we are discussing."
The results of the contract renewal between Blackpink members and entertainment company YG Entertainment (Photo: News).
Blackpink is a globally famous Korean girl group with 4 members. They officially debuted in 2016 and have gained an important position in the Korean entertainment industry with their influence in music and fashion.
After only 7 years of operation, the group has owned 5 songs with over 1.3 billion views on the YouTube platform.
On November 20, Blackpink received the Top K-pop Touring Artist award at the 2023 Billboard Music Awards (BBMAs). They won this award after defeating Suga of BTS and Twice.
Billboard commented that the large and loyal audience is the factor that brought Blackpink to the top. Fans help Blackpink always be hot on social networks, media, and own "hot" music products.
According to WealthyPersons.com, Blackpink's net worth is around $24 million/year, which means each member brings in $6 million/year.
Last September, Blackpink's Born Pink tour ended successfully. The tour included 66 shows and brought in $265 million in revenue for the management company, becoming the girl group with the highest touring revenue in the world .
When the Born Pink tour ended, fans of the Korean girl group paid special attention to the group's future. However, for nearly 2 months, YG Entertainment delayed announcing the results of contract renewals with 4 members of the group.
Since late September, the members of Blackpink have also focused on individual activities and have not had any comeback activities as a group. Recently, Rosé is the only name to have a Season's Greetings calendar released in the near future.
Many believe that YG Entertainment is trying to keep the ownership of the Blackpink name, especially when the company launches various paid content and products under the group's name. Because the Blackpink contract has not been announced, YG Entertainment's market capitalization has dropped by nearly 600 billion won (11,200 billion VND).
Video clip "How You Like That Dance Performance" by Blackpink ( Video : YG Entertainment).
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