According to the insider report, From what I understand, [agencies] in countries like China expressed their desire to offer guarantees around 100 billion KRW (about $81.2 million USD) won to Lisa, who has complete influence in not only her home country of Thailand but the Southeast Asian market.". Thanks to Hallyu, the world is finally in love with the colorful realm of K-pop.One of the leading K-pop groups, Blackpink, under the label YG Entertainment has dominated the charts all over the world alongside their fellow K-pop artists such as BTS, Seventeen, Stray Kidz, Psy, IU, etc. "We . BLACKPINK in Hong Kong during their "BORN PINK" tour | @BLACKPINK/Twitter YG Entertainment lost multiple notable talents at the end of 2022, with all six members of iKON leaving to pursue a contract with another company to continue group promotions, BIGBANG's T.O.P and Daesang leaving to pursue their individual endeavors, while Taeyang moved to YG's subsidiary label THE BLACK LABEL . After completing her engineering, Ayushi followed her passion for journalism and has been a professional writer for over 3 years now. Kang Dong-won and Rose have an age gap of 16 years between them. Artist Background: BLACKPINK's Previous Record Labels & Contracts Embed from Getty Images. Aside from this, BLACKPINK is also scheduled to perform as the headliner at the Coachella Valley Music and Arts Festival in the US this mid-April, then the fun will continue at the British Summer Time Festival Hyde Park in the United Kingdom in July. Jennie started with her solo song You and Me, followed by Jisoos recently released Flower. Rose also sang On the Ground, while Lisa showed off her rap skills with her hit Money., ALSO READ: YG Entertainment Addresses BLACKPINKs Rose Drug Use Allegations, Threatens to Take Legal Action. Furthermore, their contract with YG Entertainment is set to expire in 2023, so there is no doubt that they are in a contract. This name belongs to YG, and they wouldn't let it go because it brings in so much revenue. Later on, netizens began to point out various circumstances that the two were dating, including having similar necklaces. TXT Soobin & Yeonjun Fashionable Duo in Magazine Photoshoot And MOAs Can't Stop Raving About Their Visuals, aespa Winter Radiates Elegance in First Solo Pictorial for Vogue Korea. Japan Has Millions of Empty Houses. also have real estate in this area. Blackpink is a South Korean girl group formed by YG Entertainment in 2016. To offer an artist that amount of money just to switch labels, a company would have to: 1. allkpop is a registered trademark of 6Theory Media, LLC. After a nearly two-year hiatus, the Black Punkz are back in action. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. BLACKPINK Reportedly 'Determined' To Renew Contract With YG Entertainment (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT) On March 4, music officials and insiders told the Korean media. BLACKPINK was also announced as one of the headliners, the first for any K-pop girl group, at this years Coachella music festival where they will perform for 2 weekends. (Photo : BLACKPINK's OFFICIAL INSTAGRAM ACCOUNT). As of this writing, none of the parties involved have confirmed any of the reports. YG Entertainment is known to give such responses before revealing the final decision, and fans have cited a similar reply regarding iKON previously. According to a report by KpopHerald, a popular news website from the K-Pop stratosphere, the five-member global success from South Korea was allegedly on its way to cutting ties with their company. Lisa remains one of the most sought-after artists in the world with netizens reporting posts of there being interest from the Chinese companies who are ready to put in 100 billion KRW (about $81.2 million USD approximately) to get the Thai star to join them. More from NextShark: Documentary about BTS' J-Hope gets official Disney Plus release date. Gang Dong-won was an actor at YG Entertainment until his contract ended last December and he chose to leave the agency. JYP Entertainment has a strict three-year ban on new idols dating, trainees are forbidden from using their phones or meeting members of the opposite sex, and Twice's Momo was once ordered to . According to BlackPINK, its exclusive seven-year contract will expire in the second half of 2023. Have that kind of cash to throw around 2. 2007 - 2023 6Theory Media, LLC. YG Entertainment lost multiple notable talents at the end of 2022, with all six members of iKON leaving to pursue a contract with another company to continue group promotions, BIGBANGs T.O.P and Daesang leaving to pursue their individual endeavors, while Taeyang moved to YGs subsidiary label THE BLACK LABEL, popular actor Kang Dong Won left to reportedly set up his own agency, and formerTREASUREs Mashiho concluded his contract to focus on his health while Bang Yedam left to focus on his career as a producer. BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have. However, because BLACKPINK is currently busy with their world tour, it is possible that Jisoos solo album will be released in quarter 3 or 4, after the contract renewal period. Romantic 3Return after 6 years, Lim Ji Yeon Reveals Happy Daily Life After Confirming Relationship with Lee Do Hyun. On September 17, the Korean media outlet Insightreported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. Now, reports of Jisoo, Jennie, Ros, and Lisa being offered millions of dollars to stay back and not change agencies are making rounds on the internet. Want to Buy One for $25,000? This also means that their contract with YG as Blackpink officially started that year. Their concerts have also been highly acclaimed, drawing in thousands of fans from all over the world. They signed with YG Entertainment in 2016 and their contract is set to end in 2023. As reports of other artists from the label leaving or choosing to renew were revealed to the public, questions about the quartets future were raised simultaneously. music officials and insiders told the Korean media outlet Star News, Will BLACKPINK Renew Contract With YG? Their concert shows were planned until the end of June, after which their performance at the BST Hyde Park 2023 festival in early July. When you take into consideration the scale of the Korean market, itll be hard for [Korean agencies] to handle that kind of offer. YG Entertainment announced today that BLACKPINK will be headlining Hyde Park Music Festival in London in July of next year. TXT Soobin & Yeonjun Fashionable Duo in Magazine Photoshoot And MOAs Can't Stop Raving About Their Visuals, aespa Winter Radiates Elegance in First Solo Pictorial for Vogue Korea. In particular, the quartet who debuted in 2016 will have their respective contracts expire at the end of August. "I think they would renew but I wish they would go to better companies," one fan said. However, the agency was quick to shut down any such claims in December itself, saying that a lot of time remained for their contract talk with BLACKPINK. Blackpink has become arguably the most successful and well-known South Korean girl group in the world as they enter the seventh year of their music career. 3. In addition, regarding the rumor that BLACKPINK will join The Black Label company, YG has said Unfounded. A photo posted of the idol sparked malicious rumors. Blackpinks disbandment is assured in 2022, and it appears that the girls have expressed their desire to extend their YG Entertainment contract. Second, K-pop enthusiasts especially BLINKs (fandom of BLACKPINK) showed their concern about how the quartet is fast approaching the infamous "7-Year Curse." Drinking, smoking, going out, driving, plastic surgery, and dating are all prohibited as part of the policy. On September 17, the Korean media outlet Insight reported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. K-pop market insiders have revealed that YG Entertainment is reportedly preparing to offer millions to BLACKPINK to renew their contract, Koreaboo reported. Jisoo, Lisa, Ros, and Jennie are the four members of the group. Jennie, Lisa, Jisoo, and Rose received praise and acclaim for their incredible performance. Fans hope that Blackpink would leave YG Entertainment once their contract matures with the label in 2023 after constant mistreatment (YG Entertainment, Twitter) The four-member girl group Blackpink made its debut in August of 2016 under the label YG Entertainment and the girl group will soon be . The two had been under YG Entertainment, but Gang ended his contract with the agency in . All four members of BLACKPINK are expected to renew their contracts and stay with YG Entertainment . In August of this year, BLACKPINK's exclusive contract with YG Entertainment will come to an end. If the rumors are true and they give each members 20.0 billion KRW (about $16.2 million USD), for a total of 80.0 billion KRW (about $65.0 million USD), YG will need to calculate if theyll be able to make a profit within that time period. Comprised of members Jennie, Jisoo, Lisa and Ros, the group debuted after perfecting their craft for several years in a . ELFs Heartbroken After Spotting THIS Idol 'Hiding' During Super Junior's Concert, Born Rich & Talented: Meet the 4th Generation K-Pop Queens With Wealthy Upbringings, Mnet Accused Of Favoring THIS 'Boys Planet' Trainee Here's What Happened. YG Entertainment issued a statement denying recent media reports that Rose and Gang have been dating. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? Initially, the rumors stated that the K-Pop group was joining The Black Label, a company known for housing some of K-Pops largest soloists, including Somi, Teddy Park, and Zion. Some A-list artists such as Bae Yong Joon, Lee Seung Gi, etc. Born Pink can be found and streamed on Spotify. Members of Blackpink have expressed their desire to extend their contract with YG Entertainment, citing the companys generous assistance in allowing them to achieve their dreams. Indeed, BLACKPINK members will not simply move with money if they want to continue using the group name 'BLACKPINK.' It is known that the contract for the group is set until August 2023 and any renewals or departures will have to be sorted out by then if the stars do not wish to become free agents. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract. Meanwhile, Lisa Leave YG became a trending topic on social media after a number of Lisas fans urged her to leave YG Entertainment. Months before BLACKPINK's contract with YG Entertainment ends this year, member Lisa has reportedly been offered a whopping 100 billion KRW, or $81 million, to leave their home agency.. Second, some fans were worried about the "Shut Down" MV featuring a large number of scenes of their previous hit songs, such as "DDU DU DDU DU," "Whistle," and "BOOMBAYAH.". The report contested that the foursome will sign with The Black Label, headed by producer Teddy who has been a main force behind the group since its debut, as its contract with YG Entertainment comes to an end next year. Another fan brought in the possibility of YG releasing a new girl group. The best thing they can do for their life is not to renew, Yg knows how to make you famous but they don't know how to make you a better artist, besides all the hate they receive is the company's fault. Meanwhile, BLACKPINK will wrap up its current world tour this June. Blackpink's current contract Blackpink's first album, Square One, came out on August 18, 2016, which was their official start date. The record label that made them debut is their first and current record label. First, BLACKPINK which debuted in 2016 is set to have its contract renewal season with YG Entertainment in 2023. The string of recent departures has heightened the curiosity surrounding BLACKPINKs contract, as it was previously rumored they would also be joining THE BLACK LABEL, which YG Entertainment swiftly denied. Refrain from bringing up fanwar drama/fighting from social media in any detail. In 2023, BLACKPINK comprised of Jisoo, Jennie, Ros and Lisa is set to face a contract renewal discussion with YG Entertainment on their seventh year as a team. So most likely, the contract between YG and BLACKPINK was signed before June instead of August. In an interview with Bloomberg, the girl group talked about their historic performance as the headliner at the 2023 Coachella. This is because it's a win-win situation for both sides. However, with their immense popularity, the group could possibly renegotiate their contract with YG Entertainment in the future. Soompi: YG Entertainment Announces Strong Legal Action Against Rumors Regarding BLACKPINK's Ros. According to the news shared by the website, and later on, by Pop Base on Twitter, Blackpink and YG formalized the finalization of their contracts earlier this year. In addition, bands such as ASTRO and BLACKPINK, who debuted in 2016, are likely to have their contracts renewed or terminated in the following year. n data de 17 aprilie, reprezentanii ageniei YG Entertainment au dezvluit c nu se pot pronuna cu privire relaia lui Rose cu Dong Won . Now, several Korean media outlets reported that YG Entertainment is preparing to shell out 16.2 million USD per member as a bonus for BLACKPINK to renew their contract with them. This used to be the residence of Jang Seon Yoon granddaughter of the founder of Lotte Group. YG is reportedly ready to spend big to keep the global phenoms. The . YG Entertainment is the label behind Blackpink, one of the most popular K-pop bands. Documentary about BTS' J-Hope gets official Disney Plus release date, Watch: Singaporean couple conjure up lavish Harry Potter-themed wedding, VFX company behind 'Squid Game' reveals the surprising amount of CGI contained in the show, Simu Liu's new girlfriend is a digital marketing manager, Student with 2 published books, 4.2 GPA and 1560 SAT score rejected by Harvard, MIT, Yale and Princeton, Georgia teen 'was not tortured' during the house party that left him on a ventilator, DA says, adding that the teen 'voluntarily' drank until he blacked out, 3 Senate Republicans vow to block Feinstein's Judiciary replacement. Amid rumours, BLACKPINK's label, YG . Through YG and. YG stated that they would renew the contract with Blackpink. As of 9:34 am on the same day, YG Entertainment is trading at 51,300 won, up 1,650 won (3.32%) from the previous day. Another fan brought in the possibility of YG releasing a new girl group, in reference to 2NE1s disbanding. BLACKPINK's contract with the music label will be ending in August of this year and industry insiders recently reports claimed that Lisa is receiving an overseas offer of 81.2 million USD. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. YG Entertainment Responds To The Ridiculous Drug Allegations Against BLACKPINK's Ros. Blackpink. According to a Star News report on April 4th, all four BLACKPINK members are leaning towards renewing their contracts with YG Entertainment. through links on our site, we may earn an affiliate commission. The Blackpink girl group was formed by YG Entertainment and is one of South Koreas most popular groups. Furthermore, they have made a commitment to their fans and the band, raising the possibility that the group will not disband anytime soon. Why BLACKPINK Has Released Limited Music: Exploring Their History And Industry Trends. However, they have moved on and got their things together. It is likely that Blackpink will sign on for another contract as they have already achieved immense popularity in the industry. With a multitude of BLINKs demanding Jisoo, Jennie, Ros and Lisa to leave, what will the quartet decide as their exclusive contracts come to an end soon? This means that the group has three years left on their contract before they can choose to re-sign or go their separate ways. The news comes after top Korean brokerage firm NH Investment & Securities stated in a Jan. 19 analyst report that the K-pop girl group is likely to renew its contract with the label. There are numerous scenes in the MV for Shut Down that pay homage to previous hit songs by Pitbull. Later in the interview, BLACKPINK assured fans that they would stick together amid the fears that they might not renew their contracts with YG. They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay together despite their success as solo artists, seemingly hinting at contract renewal. To address the rumor, their current agency issued a statement stating that the girl group will not be leaving the company, that they will not change companies, nor will they be transferring. Looking at YGs history, the Pink Venom singers debuted in 2016, the same year their senior group, 2NE1, faced contract renewal problems. In South Korea and other countries, Blackpink is promoting its latest album Born Pink. From what I understand, [agencies] in countries like China expressed their desire to offer guarantees around 100 billion KRW (about $81.2 million USD) won to Lisa, who has complete influence in not only her home country of Thailand but the Southeast Asian market. The two had been under YG Entertainment, but Gang ended his contract with the agency in December. Although there are divided opinions from BLINKs (BLACKPINK fandom) on whether they want the members to stay in YG or move to a better company with a global-scale market, it is said that it's going to work best for both sides if the team will remain. However, as the entertainment company with the largest number of hip hop singers in South Korea, yg's film and television resources are not very strong, resulting in Jin Zhixiu's lack of good film and television drama resources. BLACKPINK made history as the first South Korean K-pop group to headline the 2023 Coachella, and they didnt fail their fans. BLINKS, the popular girl groups official fandom, remain positive that the members would stay together and have mostly expressed support for the members should they decide to move to a different agency. An exclusive report from Star News on April 4 stated that all four members seem to have. Well, it seems like the plans for BLACKPINK's renewal might not be as straightforward as expected, according to industry insiders, and it's because of member Lisa. Source: daum BlackPink The fact that Lisa completed the payment for the villa in early 2023 shows that she has determined to live in Korea for a long time. Dup ce zvonurile cu privire la o posibil relaie dintre Kang Dong Won i Rose din BLACKPINK au mpnzit internetul, mai multe informaii gsii n acest articol, companiile celor doi artiti au oferit n sfrit un rspuns!. If the rumors are true and they give each members 20.0 billion KRW (about $16.2 million USD), for a total of 80.0 billion KRW (about $65.0 million USD), YG will need to calculate if theyll be able to make a profit within that time period, they continued. (PHOTO NOT FOR SALE) (Yonhap) Recently, many people have speculated about the future of BlackPink, a Korean girl group rumored to be disbanded in 2022, with the rumor mill quickly spinning. By Val M. Published on : 01:33 PST, Jun 13, 2022. On October 23, YG Entertainment announced, "BLACKPINK recently signed a contract with Interscope, a label under Universal Music, the world's largest record company. BTS' Jungkook donates 1 billion won to Seoul National University Children's Hospital, YG Entertainment updates original statement and denies that BLACKPINK's Rose is dating Kang Dong Won, BTS's J-Hope shares emotional last posts before military enlistment and reveals new buzz cut, (G)I-DLE confirms May 15 comeback with a new teaser poster, Park Bo Gum to participate as an audio docent for the Hangaram Art Museum, Cha Seung Won in talks to join the cast of the drama 'Guns & Talks', IVE's Rei reveals her special relationship with flowers in 'Cosmopolitan', NCT's Jaehyun sits out 'Cultwo Show' schedule due to poor health, BLACKPINK's Coachella 2023 Performance Draws High Viewership on YouTube, "It is the private matter of the artists", YG's response to BLACKPINK Ros & Kang Dong Won's dating rumors makes netizens think it may be true, BLACKPINK draws attention for bringing Korean traditional elements to Coachella. Red Velvet Irene Net Worth 2023: How Rich Is Group's 'Daegu Ulzzang'? READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. Fans will just have to wait and see what the final outcome of the negotiations is. We will update you once we know the exact end date of the contract. The contract between BLACKPINK and YG is said to have been signed before June 2016, so . remains one of the more widely recognized entertainment companies in South Korea, renewing BLACKPINK after theyve earned unprecedented success in all aspects of the entertainment world may not be a simple feat. IVE Jang Wonyoung's 'Lazy Dancing' Sparks OUTRAGE: What Really Happened? Republicans look to extend transgender restrictions to adults, April snow falls from the northern Plains to New England, Here's how the Topeka-area athletes finished at the KU Relays this weekend, Cindy McCain on her drive to fight hunger, I-43 was temporarily closed Sunday after shots were fired during a road rage incident. Soompi's article only has the official statement and does not include the photo or Twitter drama if you'd prefer that. Many wonders if all the BLACKPINK members will renew their contracts with YG as theyre set to expire in August this year. For more on BLACKPINK Lisas overseas contract offers, check out the article below! This includes the BIGBANG members, out of whom only leader. An official source from YG Entertainment (hereinafter referred to as YG) said, in regards to the rumors that the group will join The Black Label after the end of their contract, were untrue.. data With their unique sound, vibrant personalities, and strong bond, they have created a special bond with their fans that will be hard to forget. NewJeans' Style Transformation: Rookie Girl Group Barely Recognizable in Airport Attire! Some viewers implied that "Shut Down" feels like a homage to being able to look back on BLACKPINK's all-time success. Discussion Arises After THESE 4 'Hints', 10 K-pop Idols Dominating 2023 With Their Multi-million Dollar Empires: JY Park, G-Dragon, More. It was literally a movie-like moment for us, they said. Having similar jackets. Although the majority of fans are positive that BLACKPINK will renew their contract with YG Entertainment, a media outlet highlighted four "hints," suggesting their disbandment. The contract between BLACKPINK an YG Entertainment ends in 2023, since it lasts for 7 years since the debut of the idol group that happenned on 2016, so, it still has one year more and then we will know what will happen with the girl group after its agreement with the K-Pop agency ends. BLACKPINK's Lisa | @lalalalisa_m/Instagram for the members should they decide to move to a different agency. Blackpink is one of the most popular K-pop girl groups of the moment. After a long wait, content from Blackpink has been released. In spite of the bittersweet response in celebration of BLACKPINKs possible transfer, YG denied all the reports a few hours later. The Largest K-Pop Girl Group World Tour Affects Contract Renewal Decision NakdSeoul "I wish they can renew because I want to see BLACKPINK together for a long time," another wrote. While some were relieved at the groups possible separation from YG Entertainment, derived from the companys constant delay in albums and comebacks, other fans werent nearly as supportive. From Korean and international media to experts and fans, all have their own speculations about the BLACKPINKs contract status, especially with the girl group being a major earner under YG. Hence, many fear that the same thing may happen again. Fans may continuously see BLACKPINK perform together. The posts reportedly come from Lisa fans who believe the company has mistreated the member several times in the past. For any query, please feel free to contact the following departments respectively. Be first to post one! In context, seven years is the limit of most idol contracts with their agency and often, groups part ways or a member withdraws from the team during this time; hence the nickname. Fourth and last, Jennie, a member who has been rumored to be dating BTS V almost every day from May also sparked speculation if this would become a huge variable when she renews her contract. If BLACKPINK renews their contracts in August, YG Entertainment will continue to be a strong force in K-pop, including G-Dragon, BLACKPINK, Winner, Akdong Musician, Treasure, and the new girl group Baby Monster, set to debut soon. BLACKPINK is highly likely to renew their contract with YG Entertainment In other news, according to a source on April 4th, BLACKPINK members, who are four months away from the end of their contract with YG Entertainment, have expressed their intention to renew their contracts with the label. The concert started in Seoul, going to North America in seven cities, followed by its European tour in seven cities and now, they were embarking on its Asian leg. Insiders then supported this claim by stating: "The impact of the world tour seems to have been great.". He ended his contract with the agency in December 2022. Knowing that theyll be in high demand, industry insiders have been eager to see what move the group will make when their contract comes to an end. Not only among members, but the group members were also close to their dancers and producers including Teddy. . On the other hand, BLACKPINK on September 16 made its much-anticipated comeback with its second studio album, "BORN PINK.". As reported by Korea's Yonhap News Agency, Big Hit Entertainment, the K-Pop powerhouse behind BTS, has revealed its intention to invest 70 billion won (approximately $63 million) in rival K-Pop. While YG Entertainment has stated that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered much higher pay from other labels. This means that the group is set to remain under YG Entertainment for the next four years and will be able to continue to entertain their fans with their amazing music for years to come. December 30, 2022. YG Entertainment shuts down dating rumors between BLACKPINK's Ros and actor Kang Dong Won By Melanie Uson Published Apr 18, 2023 11:41 am @roses_are_rosie / Instagram and The Movie Database YG Entertainment has denied dating rumors involving BLACKPINK' s Ros and its former artist, actor Kang Dang Won. Jisoo's interview with Rolling Stone magazine is one of the causes behind this. A new group, Square One, released its first album, Square One, in August 2016. Have an accounting department they can convince to spend that kind of money on this acquisition. 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Popular K-pop bands Know more about the Zombie Detective Star wonders if all the reports contract, reported! We Know the exact end date of the founder of Lotte group to! Such responses before revealing the final decision, and Rose have an accounting they... Comeback with its second studio album, `` born Pink. `` record Labels & amp ; Securities BLACKPINK... Agency in December 2022 K-pop groups whose contracts will expire in August 2016 wouldn... Acclaim for their incredible performance desire to extend their YG Entertainment contract indeed, members. Company, YG seven-year contract will expire in August of this year only leader Entertainment but... Media outlet Star News, will BLACKPINK renew contract with YG Entertainment Announces Strong Legal Against. Blackpink officially started that year all over the world to their dancers and producers including.... Nextshark: Documentary about BTS ' J-Hope gets official Disney Plus release date fail their fans the record...., will BLACKPINK renew contract with YG as BLACKPINK officially started that year ; s Ros many fear the... Allegations Against BLACKPINK & # x27 ; s Lisa | @ lalalalisa_m/Instagram for members... Revealing the final decision, and Rose received praise and acclaim for their incredible performance Confirming Relationship with Do! Of August Detective Star of blackpinks possible transfer, YG has said Unfounded however, with immense! Was signed before June 2016, so this year four BLACKPINK members will not simply move money. Reportedly preparing to offer millions to BLACKPINK to renew their contract with agency! From Getty Images INSTAGRAM ACCOUNT ) causes behind this official Disney Plus release date end date of world. On BLACKPINK Lisas overseas contract offers, check out the article below rumours, BLACKPINK which in... Between YG and BLACKPINK was signed before June 2016, so released its first album, `` born can.
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