On June 18th, The Black Label, a subsidiary of YG Entertainment founded by renowned music producer Teddy, made an announcement about signing a management contract with Rosé. It was also disclosed that Rosé is currently working on new music under the agency.
The entire official statement from The Black Label can be found below:
“Hello.
This is The Black Label.
We have signed a management contract with artist Rosé.
Producer Teddy and artist Rosé, who have worked together for a long time as producer and artist, have recently signed a management contract with The Black Label based on their strong mutual trust.
Currently, Rosé is preparing to meet her global fans with new music, and she will continue her music activities worldwide in collaboration with global record labels.
We look forward to the best synergy between Rosé, who has a unique musical color, and The Black Label, which pursues the free activities of artists.
We promise to fully support Rosé so that she can thrive in various fields.
Thank you.”
Alternatively, The Black Label announced on June 17 that they were in talks for an exclusive contract with Rosé. This caused widespread concern among fans as several artists under the agency have been inactive.
The source of the information is from Daum.
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