Foreign media reported that BLACKPINK Lisa rejected YG’s “50 billion contract renewal” for the second time, and the company’s stock price plummeted and said: “Still under discussion.”

Foreign media reported that BLACKPINK Lisa rejected YG’s “50 billion contract renewal” for the second time, and the company’s stock price plummeted and said: “Still under discussion.”
(Cover image source: IG@lalalalisa_m)

Yesterday, foreign media reported that Lisa, a member of the popular girl group BLACKPINK, rejected YG Entertainment’s contract renewal for the second time. Even if she was offered a 50 billion won renewal fee, she would not be able to stop her from leaving.

The contract between BLACKPINK and YG expired in August this year. So far, YG has not given any confirmation on whether the four members will renew their contracts. Among them, Lisa first rejected YG’s offer of 20 billion won in contract renewal money, and recently rejected the sky-high contract renewal fee that was increased to 50 billion won. It seems that she has decided to leave.

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(Photo source: IG@lalalalisa_m)

As soon as the news came out, YG Entertainment’s stock price fluctuated sharply today. As of 2 p.m. (Korean time), it fell 5.14% from the previous day, from 80,000 won to 77,500 won. It experienced the largest drop since September 28 last year. Single day drop. Seeing the stock price shrinking significantly, YG Entertainment told Korean media today: “The contract with Lisa is still under discussion. There is no official confirmation on the relevant rumors (rejecting the contract twice).”

In fact, as early as early January this year, it was reported that a number of overseas companies hoped to sign Lisa at a high price of 100 billion won. In addition, the recent rumors of her romance with Frédéric Arnault, the third son of the world’s richest man, VMH Group CEO, are getting hotter. She has also been confirmed to star in the Crazy Horse Show in Paris., it is not impossible to develop in Europe and the United States as the next step, which makes people pay more attention to whether BLACKPINK will be unable to overcome the “7-year curse”.

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(Photo source: IG@lalalalisa_m)

In addition, BLACKPINK will hold the final concert of their second world tour “Born Pink”at the Gocheok Sky Dome in Seoul on the 16th and 17th of this month.

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