YG Entertainment releases statement amid BLACKPINK's contract renewal speculations
What's the story
BLACKPINK is one of the most sought-after K-pop groups in the world. Ever since their contract renewal has been in the news, speculations are rife that the members are not keen to renew their contract with YG Entertainment. Now, YG Entertainment has released another statement quashing unverified media claims of members not renewing the contract. Fans are keeping their fingers crossed!
Details
Negotiations are underway
The agency responded to media speculation and said, "Currently, BLACKPINK's contract renewal has not been confirmed and is being discussed." As per new media reports, only Rosé has renewed her contract with the agency, whereas Jennie, Jisoo, and Lisa are keen to transfer to other agencies. However, they will participate in BLACKPINK activities for six months every year.
Contract
More about the contract renewal saga
The speculations are quite heated and fans are awaiting an official update on the same from the agency. The girl group's contract ended last month. Earlier, speculations regarding Lisa's contract renewal were ongoing and apparently, the dancing sensation turned down a $40M contract offer. Fans are monitoring every minute update regarding the same. Let's hope that the BLACKPINK aura remains intact!