BLACKPINK has been one of the biggest K-pop acts in recent years, and fans are curious about when their contract with YG Entertainment will expire. The group members, which debuted in 2016, have been under YG Entertainment since the beginning of their careers.
When is BLACKPINK Contract Expiring with YG Entertainment?
According to reports, Blackpink’s contract with YG Entertainment is set to expire in 2023. Recently, there are a lot of rumors surrounding the contract renewal. It is reported by many media outlets that the members and YG Entertainment are far apart on the terms of the contract renewal. This means that the group still has a couple of weeks left under the label. However, it’s not clear if the group will renew their contract with YG Entertainment or move to another label.
There were especially reports that suggested that Lisa may leave YG Entertainment. There were also rumors that if any of the members leave, the group may disband. We still have not heard anything from the horse’s mouth yet. As per sources, YG Entertainment is utilizing all its resources to renew its contract with BLACKPINK.
YG Entertainment is reportedly focusing all its capabilities on getting BLACKPINK to renew their contract with the agency.
“YG Entertainment doesn’t have any artists who have distinct results other than BLACKPINK. (…) YG Entertainment is currently focusing all its… pic.twitter.com/xTtpXw9W0q
— Pop Base (@PopBase) July 25, 2023
BLACKPINK is the only distinct K-pop group under the label and understandably, they would not want to let them go. It is reported that BLACKPINK is responsible for about 80% of YG Entertainment’s revenue. Well, fans have to wait at least two weeks to see if the popular K-pop group stays with YG Entertainment or not.
Blackpink has been successful under YG Entertainment, with hits such as “Kill This Love,” “DDU-DU DDU-DU,” and “How You Like That.” The group has also been making waves internationally, collaborating with artists such as The Weeknd, Lady Gaga, and Selena Gomez.
Fans of Blackpink are hoping that the group will renew their contract with YG Entertainment. However, some are also excited about the possibility of the group moving to another label. Regardless of what happens, it’s clear that BLACKPINK will continue to dominate the K-pop scene for years to come.
As of now, there has been no official announcement from BLACKPINK or YG Entertainment regarding the renewal of the group’s contract. Fans will have to wait and see what the future holds for the beloved K-pop group.