Blackpink will not renew their individual contracts with YG

The four members of K-pop girl group Blackpink will not renew their individual contracts with YG Entertainment.

However, they will retain the agreement that governs their activities as a group, the South Korean record company reported today.

“We have agreed not to renew our contracts regarding individual activities” with Blackpink members, YG said in a statement.

She added that the agency will continue to support the group while encouraging them to pursue independent projects, local news agency Yonhap reported.

Blackpink, which consists of Jisoo, Jennie, Rosé and Lisa, ended their contract with YG in August, seven years after their debut, and the lack of information on the details of the renewal has fueled all kinds of speculation about the band’s future. ., which renewed the contract with the company as a group at the beginning of the month.

This Friday’s announcement comes days after Jennie announced last Sunday that she has formed her own record label, OA (ODD ATELIER), for her solo activities.

The artist said she is excited for what’s to come when I begin my solo journey in 2024 and asked her followers to continue to support her both individually and with Blackpink.