Entertainment

YG was vague about Blackpink’s contract information in its third quarter report

Recently, YG Entertainment Company announced its third quarter report on the performance of artists in the coming time. However, information about Blackpink ‘s contract has not yet been clarified.

Fans are worried about Blackpink’s future. Photo: YG

In the recently announced third quarter announcement of YG Entertainment Company, fans discovered that in the artist category, Blackpink was given a separate note.

Accordingly, YG said: “As of the time of publication, the exclusive contract with the artist is being negotiated to extend. The final result will be announced later through the disclosure of key management issues.” key factors related to investment decisions”.

Information about Blackpink’s contract has not been announced in YG’s new report. Photo: X

Fans said that this has never happened before in YG’s reports. Fans also compared it to the incident of groups iKon and G-Dragon when both artists ended their contracts with YG and left quietly without any ambiguity in the reports.

Previously, fans were excited when they discovered on search information at Kipris (a service providing information on intellectual property rights in Korea), that Kim Jennie had filed a copyright registration application for the trademark “Jennie Ruby”. Jane” through representative Shin Moo Yeon (Kiyul Law Firm) on January 27 and March 13, 2023 for many items.

This move by Jennie caused many people to speculate that the female idol had terminated her contract with YG and was preparing to debut as an independent artist.

Previously, Korean media also reported that two Blackpink members, Jennie and Jisoo, would establish their own management company.

In addition, many netizens discovered that Alison – Jennie’s manager and Alice Kang – Lisa’s manager – also updated their profiles on LinkedIn about their working time at YG from October 2018 – October 2023. Fans believe that both of them ended their contracts and left the company along with the Blackpink members.

Blackpink’s contract situation is still a mystery. Photo: YG

Faced with this information, the online community speculated that Blackpink’s contract had been completed, YG was just hiding it to keep the company’s stock price stable.

In recent times, YG has continuously denied the negative news reported by the media and affirmed that discussions are still continuing and nothing related to the group’s contract has been confirmed. Fans are fed up with the company’s unclear way of working on artists’ contract issues.

It’s been 3 months since Blackpink’s contract expired in August. Official information about Blackpink’s contract extension with YG has not yet been announced, making fans worried about the group’s future.

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