As the contract between BLACKPINK and YG Entertainment expires, fans and the public are paying close attention to the movements of the four members.
In the past two days, photos of member Rosé meeting Ron Penny, chairman of the large American record company Columbia Records, appeared on multiple forums on the Korean Internet. Due to the uncertainty of BLACKPINK’s contract, Rosé’s independent move has attracted the attention of fans and netizens.
Columbia Records is the oldest existing record company and currently owns the world’s top singers such as Adele and Beyoncé. In the exposed photos, Rosé and Ron Penny were concentrating on something in a cafe, and Ron Penny in particular seemed to be talking about something passionately. It is reported that after the meeting, the president of Columbia Records also followed the SNS of all members Rosé, Jennie, Jisoo and Lisa.
During PFW #ROSÉ #Rosé pic.twitter.com/0wnNDoJiTt
— Wild_roses (@roise_e) October 15, 2023
After the photo was exposed, many fans speculated that Rosé might no longer renew her contract with YG Entertainment, but planned to switch to a new owner to start solo activities. However, many people feel that Columbia Records executives follow all members’ SNS accounts, and it is very likely that everyone in BLACKPINK will leave YG Entertainment. Industry insiders believe that Ron Penny will not meet Rosé for no reason, which will largely determine Rosé’s future trends.
The management contract between BLACKPINK and YG Entertainment expired in July this year. Although three months have passed, no accurate news has been released. All kinds of uncertain information are flying around. YG only said, “It is still under discussion.””Response. Earlier, the media broke the news that Lisa rejected YG Entertainment’s huge contract payment of 50 billion (KRW) and that Jisoo and Jennie would establish their own studios.
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