The concert started in Seoul, going to North America in seven cities, followed by its European tour in seven cities and now, they were embarking on its Asian leg. All four members of BLACKPINK are expected to renew their contracts and stay with YG Entertainment . This also means that their contract with YG as Blackpink officially started that year. This is also one of the reasons why many people believe that Lisa will not leave YG and continue to work in the Korean entertainment industry. Insiders have quoted that the agency is expected to put down at least 20 billion KRW (about $16.2 million USD approximately) per member to keep BLACKPINK going strong for about 2 to 3 more years. On January 19th, NH Investment & Securities predicted BLACKPINK will renew its contract with the label in its analyst report. BLACKPINK is highly likely to renew their contract with YG Entertainment In other news, according to a source on April 4th, BLACKPINK members, who are four months away from the end of their contract with YG Entertainment, have expressed their intention to renew their contracts with the label. He ended his contract with the agency in December 2022. With 2022 coming to an end, many K-netizens are concerned about the fate of K-pop groups whose contracts will expire in 2023. The old-school group was let go by YG Entertainment in favor of debuting BLACKPINK instead. . In addition to the BORN PINK world tour schedule, BLACKPINK is confirmed to perform at the British Summer Time Festival on July 2, 2023. Grid.ID - Tidak ingin ada lebih banyak spekulasi, YG Entertainment merevisi pernyataan terkait kabar kencan Rose BLACKPINK dan Kang Dong Won.. Sebelumnya pada tanggal 17 April 2023, YG Entertainment merilis sebuah pernyataan terkait informasi yang beredar bahwa Rose BLACKPINK berkencan dengan aktor Kang Dong Won. Second, some fans were worried about the "Shut Down" MV featuring a large number of scenes of their previous hit songs, such as "DDU DU DDU DU," "Whistle," and "BOOMBAYAH.". Exploring Roses Relationship Status: Is Blackpinks Rose Dating Anyone? Worth mentioning, although the debut product Boombayah was released in August, YG announced to the media about the BLACKPINK group in June 2018. In the case the four members decided to part ways with YG, it is expected that they will continue their respective jobs as global ambassadors and soloists whereas Jennie and Jisoo were speculated to expand their careers as actresses. Through YG and. Speaking of Ros, last week, YG Entertainment shut down baseless drug abuse allegations against the singer soon after the same picture from . Although there are divided opinions from BLINKs (BLACKPINK fandom) on whether they want the members to stay in YG or move to a better company with a global-scale market, it is said that it's going to work best for both sides if the team will remain. While all is said and done, and the ball is in YG Entertainment's court, netizens are wondering if they are even in a position to come up with a viable counteroffer. The contract between BLACKPINK and YG is said to have been signed before June 2016, so . Still in August, the members would have to renew their deal with YG, which holds the legal rights to Blackpink, as South Korean government rules restrict idol contracts to a maximum of seven years. YG Entertainment's artist dating rumour response manual has been maintained this time as well. "I wish they can renew because I want to see BLACKPINK together for a long time," another wrote. Many wonders if all the BLACKPINK members will renew their contracts with YG as they're set to expire in August this year. These numbers on one hand are making netizens wonder if the company will in fact be able to earn back the money they invest in the said time or if it will be a no-brainer for them to sign with the girls as they are more likely to continue with the group promotions thanks to their massive fandom. In addition, bands such as ASTRO and BLACKPINK, who debuted in 2016, are likely to have their contracts renewed or terminated in the following year. It was earlier reported that BLACKPINK's contracts with YG Entertainment are due to expire in 2023. Industry insiders have shared their two bits on this saying that the company is planning on spending a lot to be able to retain the group as well as the girls. READ MORE: Jung Chae Yul Dead at 26: Know More About the Zombie Detective Star. Recently, Korean media reported that Lisa became the owner of a luxury villa costing 7.5 billion won in Seongbuk district, Seoul. This contract will likely keep the members of Blackpink together until at least 2023. Meanwhile, BLACKPINK, which officially debuted on August 8, 2016, has been active for nearly seven years and has stood tall as a top global girl group. BLACKPINK Dominates Social Media During Coachella, Occupying 78.1% of Related Posts, BLACKPINK strikes lasting impressions with attractive outifts at Coachella 2023, On the day of Ros and Kang Dong Wons dating rumor, YG drops unexpected news, BLACKPINK Jennie brings Korean culture on the stage of Coachella 2023 through an unexpected detail, YG denies dating rumor between BLACKPINKs Ros and Kang Dong Won, Tiled roof set, fan danceThe story behind BLACKPINKs Coachella stage, IVE Yujin praised for clever answer when asked, Do you feel arrogant after winning Daesang?, The actress who acted romance with me is my wife, Not only BTS Jungkook, another top Korean star was captured at Coachella. Media Gives 3 Reasons It 'Won't Be Smooth', Will BLACKPINK Renew Contract With YG? The YouTube live . Yang founded YG Entertainment in 1996 and the label has harbored some of the biggest names in South Korea's music industry, including BIGBANG, 2NE1, Wheesung, Gummy, Psy and many others. Blackpinks disbandment is assured in 2022, and it appears that the girls have expressed their desire to extend their YG Entertainment contract. A photo posted of the idol sparked malicious rumors. also have real estate in this area. BLACKPINK's contract is set to expire in 2023, and while everyone hopes they will choose to renew it and continue as a four-member group, some BLINKs are rumored to believe they will disband. The . For more on BLACKPINK Lisas overseas contract offers, check out the article below! Dup ce zvonurile cu privire la o posibil relaie dintre Kang Dong Won i Rose din BLACKPINK au mpnzit internetul, mai multe informaii gsii n acest articol, companiile celor doi artiti au oferit n sfrit un rspuns!. While the exact details of their contract remain unknown, it is believed that the group has signed a seven-year contract with YG Entertainment. Meanwhile, Lisa Leave YG became a trending topic on social media after a number of Lisas fans urged her to leave YG Entertainment. Actor Kang Dong Won also parted ways at the same time. While some were relieved at the groups possible separation from YG Entertainment, derived from the companys constant delay in albums and comebacks, other fans werent nearly as supportive. Sports World noted that many industry officials expressed concerns after some experts doubted if the agency could renew their contracts due to several issues. You can discuss unpopular opinions with Ayushi while she keeps looking for the next artist/show to dive deep into. On March 4, music officials and insiders told the Korean media outlet Star News about the high expectancy level of BLACKPINK renewing their contract with its agency, YG Entertainment. YG Entertainment shuts down claims BLACKPINK moving to subsidiary label. On October 23, YG Entertainment announced, "BLACKPINK recently signed a contract with Interscope, a label under Universal Music, the world's largest record company. It has set brilliant records in leading overseas charts such as the Billboard Chart and has established itself as a "global hot icon" with all members serving as global brand ambassadors. Did You Know? This used to be the residence of Jang Seon Yoon granddaughter of the founder of Lotte Group. This includes the BIGBANG members, out of whom only leader. Fourth and last, Jennie, a member who has been rumored to be dating BTS V almost every day from May also sparked speculation if this would become a huge variable when she renews her contract. They debuted on August 8th, 2016 with their single album Square One and have since released several successful singles and albums. YG Entertainment's response to BLACKPINK member Ros and Kang . The band released their first album, Square One, on August 18th, 2016. Hailey Bieber's video of comforting seemingly husband 'unwell' Justin Bieber at Coachella went viral, Ana de Armas and Chris Evans teamed up for Apple TV's upcoming action rom-com 'Ghosted', Reese Witherspoon and Jim Toth announced their divorce in March this year after 12 years of marriage, Kylie Jenner draws attention with change in her looks, Chris Evans is starring alongside Ana de Armas in upcoming film 'ghosted', Kylie Jenner and Timothe Chalamet are confirmed to be dating after sparking the rumors earlier this month, Copyright 2023. When you purchase BLACKPINK's contract with the music label will be ending in August of this year and industry insiders recently reports claimed that Lisa is receiving an overseas offer of 81.2 million USD. While YG Entertainment has stated that it intends to renew the group's contract, reports have surfaced that this would not be easy as the members are being offered much higher pay from other labels. YG Entertainment Responds To The Ridiculous Drug Allegations Against BLACKPINK's Ros. More from NextShark: Documentary about BTS' J-Hope gets official Disney Plus release date. Following the agency's initial statement earlier the same day, YG . ELFs Heartbroken After Spotting THIS Idol 'Hiding' During Super Junior's Concert, Born Rich & Talented: Meet the 4th Generation K-Pop Queens With Wealthy Upbringings, Mnet Accused Of Favoring THIS 'Boys Planet' Trainee Here's What Happened. Although BLACKPINK has been on the road to success since its debut, fans are still carefully mentioning the possible disbandment for various factors. Meanwhile, Kang Dong Won was a part of the YG Entertainment family, until his contract expired just last December. For more BLACKPINK news, stay tuned to EpicStream! For more K-Pop news and updates, keep your tabs open here at KpopStarz. BLACKPINK members Jisoo, Jennie, Ros and Lisa, who are currently on their "Born Pink World Tour," are set to headline Coachella 2023 in April, making them the first K-pop band to headline the music festival. On September 17, the Korean media outlet Insight reported on the four reasons why fans are considering the possibility of BLACKPINK's disbandment ahead of their contract renewal. Thankfully, Jennie, Lisa, Jisoo, and Rose are determined to stay. Republicans look to extend transgender restrictions to adults, April snow falls from the northern Plains to New England, Here's how the Topeka-area athletes finished at the KU Relays this weekend, Cindy McCain on her drive to fight hunger, I-43 was temporarily closed Sunday after shots were fired during a road rage incident. Despite the rumors, YG Entertainment has remained tight-lipped, choosing not to confirm or deny the . 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