BLACKPINK only renewed its contract with ROSÉ, but the group still maintains activities for 6 months a year, and Jisoo & Lisa signed with a new owner! YG responded quickly

The much-anticipated contract renewal issue of BLACKPINK seems to have come to an end.

On the 21st, Korean media “Sports Seoul”exclusively reported that according to multiple music industry insiders, only ROSÉ of BLACKPINK has agreed to renew its contract with YG Entertainment. The remaining three members Jennie, Jisoo and Lisa will sign with other companies, but in the future They will continue to perform under the name BLACKPINK for 6 months out of the year, which means that although the members are not in the same company, they will still perform as BLACKPINK. This is the same contract method as Super Junior, Donghae and Kyuhyun whose previous contracts with SM Entertainment expired.

Informed sources also revealed that Jisoo, who is gradually developing into an actor, and Lisa, a Thai member who is very popular overseas, will sign with a new owner after receiving tens of billions (KRW) in contract fees. Jisoo and Lisa are both members of the top idol group in the K-POP world. The former has unlimited potential as an actor, and the latter is extremely popular in Southeast Asia. Both of them have great influence and have attracted the attention of many foreign investors.. Although Jisoo and Lisa signed contracts with different new owners, they are still Korean companies.

As soon as the news was made public, it sparked heated discussions among fans. Soon YG Entertainment responded, saying: “It has not been confirmed yet and is still under discussion!”