YG Entertainment's Statement Confirms BLACKPINK Won't Renew Individual Contracts For Solo Endeavors

Despite BLACKPINK 's four members recently renewing their contracts with YG Entertainment for their collective endeavors, they have decided not to extend their individual agreements for solo pursuits.

As of December 29, YG Entertainment made an official announcement stating that the members of BLACKPINK would not enter into exclusive contracts with the agency for their individual endeavors separate from the group.

Days prior to the announcement, Jennie personally confirmed the launch of her new label, OA (ODD ATELIER), dedicated to her solo ventures outside of BLACKPINK.

The complete statement issued by YG Entertainment reads as follows:

"Hello, this is YG Entertainment.

BLACKPINK recently renewed their contracts with YG for their group activities, and we have agreed not to proceed with additional contracts for [the members’] individual activities.

We will do our utmost to support BLACKPINK’s activities, and we will cheer on the members’ individual activities with warm hearts.

Thank you."

Earlier, Jennie unveiled her fresh beginning with her personal label, OA (ODDATELIER), whereas the other members of BLACKPINK have not disclosed detailed plans for their individual pursuits in 2024. Insiders within the industry suggest that Lisa is in negotiations with an international agency for a contract, while Jisoo is exploring avenues to further her acting career.

All About BLACKPINK

BLACKPINK, a South Korean girl group managed by YG Entertainment, officially debuted on August 8, 2016, with the release of their single album, "Square One". Comprising Jisoo, Jennie, Rosé, and Lisa, the group made an impactful entrance into the music scene with their lead singles, "Whistle" and "Boombayah", which quickly claimed the top two spots on the "Billboard" World Digital Songs chart. Notably, their debut music video garnered the highest views for a debut by a Korean act.

Since their debut, BLACKPINK has consistently dominated various music charts both in their home country and internationally. Their achievements include securing places on esteemed charts such as the "Billboard" Hot 100 and "Billboard" 200, as well as gaining recognition on the "Billboard" Emerging Artists chart. The group has accumulated numerous accolades and awards, attaining significant success by topping charts, embarking on sold-out stadium tours worldwide, and being acknowledged as influential figures in the entertainment industry.

Their widespread success extended beyond music, with "Forbes" Korea Power Celebrity listing them among the most influential celebrities in Korea for the year 2019. BLACKPINK's impact continues to resonate globally, cementing their status as a powerhouse in the K-pop scene and beyond.


(With AI Inputs)

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