Important information about BlackPink and YG's contract in August

BlackPink is currently busy with their Born Pink world tour, the largest in the history of Kpop girl groups.

Important information regarding BlackPink's contract with YG in August 1

BlackPink celebrated their 7th anniversary since debut in August 2023, which was also the date their contract with YG Entertainment expired.

Around this time, the South Korean media and entertainment industry also focused their attention on the girls' contract renewal with YG Entertainment, as their 7-year term was approaching.

According to the latest information from Star News, BlackPink's contract with YG will expire on August 8, 2023. Currently, all four members are negotiating with YG to decide whether or not to renew their contracts.

Star News analyzed that 2023 was a turbulent year for YG Entertainment, especially with Big Bang – one of YG's top groups – on the verge of disbanding.

With all four members, TOP, Daesung, Taeyang, and G-Dragon, having left or having little connection with the company, TOP even explicitly stated that he is no longer a member of Big Bang. G-Dragon only collaborates with YG through short-term contracts.

At this time, YG is also focusing its efforts on preparing to debut a new 7-member girl group - Baby Monster.

However, South Korean media remains optimistic about the four girls' future contract with YG.

"It can be confirmed that contract extension negotiations are progressing well so far. Attention is focused on whether BlackPink, unlike Big Bang, can maintain their relationship with the contract extension," Star News commented.

Important information regarding BlackPink's contract with YG in August 2020.

BlackPink

Previously, experts believed that if BlackPink did not renew their contract, YG would suffer significant losses.

Compared to other major music companies, YG has a smaller roster of artists. Recently, many artists/groups have ended their contracts with YG and left, such as TOP and Daesung (Big Bang), and the group iKON…

If BlackPink, their "ace in the hole," leaves, YG will most likely try to minimize the damage by using Baby Monster as a replacement.

Currently, the contract between BlackPink and YG Entertainment remains an intriguing mystery, attracting significant attention from industry professionals and the media.

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