2024-01-01 21:22:00
Separated but together. Status of the 4 girls BLACKPINK following YG Entertainment made it clear that no one will renew their individual contracts.
News regarding the contract renewals of the 4 girl groups BLACKPINK with YG Entertainment. It’s an issue that Thai Blinks and Blinks around the world have been interested in over the past several months. Since the contract ended in August 2023 amidst many rumors that have arisen. Until causing YG shares to fluctuate every time there is a contract renewal issue.
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Especially the rumor that Lisa is the group’s only Thai idol. Has rejected an offer worth up to 40 million dollars, or approximately 1,400 million baht, and also revealed that there are many famous record labels around the world. They all offered Lisa many offers, including record labels from Thailand.
Meanwhile, a source inside YG Ent. briefly clarified this matter. Just a matter of an uncertain schedule. Because BLACKPINK’s concert tour and Lisa’s solo activities are not regarding renewing or not renewing the contract. and is still in the process of discussing the contract
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Meanwhile, information revealed that the other three girls had their own paths. The only member who decided to renew their contract with YG was Rose, while Jisoo wanted to turn to acting more. Therefore chose to sign a contract with another company in South Korea. As for Jenny, at that time there was no additional information.
However, from such rumors, the stock price of YG Entertainment Company has been affected. It has been heavily sold since the opening of the South Korean stock market. With the price diving to -9%, making the record for the biggest drop in stock prices in 1 day since September 28, 2022, or in almost 1 year.
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Until December 6, 2023, it was officially announced that YG Entertainment and the 4 girls of BLACKPINK held final discussions regarding contract renewal. Before reaching the conclusion that Will make a contract in the form They plan to respond to the love from fans around the world with activities worthy of their global status, such as releasing a new album fully supported by YG and Organize a big world tour
With the news of BLACKPINK’s contract renewal, YG’s shares jumped as much as 29% at one point in trading. As of 9:25 a.m. on December 6, 2023 (Korean time), the stock price shot up to 61,900 Korean won. per share After market close on December 5, 2023 at 48,000 South Korean won (36.58 USD) per share.
As for individual contracts, recently (Dec. 29) information was revealed that YG Entertainment stated in an official statement, “Hello, this is YG Entertainment. YG recently signed an extended contract for BLACKPINK’s group activities, and we have agreed not to enter into separate contracts for each member’s individual activities. We will do our best to support BLACKPINK’s activities, and we will warmly support our members’ individual activities.”
In this regard, Jenny, one of the members, has just confirmed herself that she has become the CEO of opening her own label, ODD ATELIER, by informing fans that the news can be translated into Thai.
“Hello, this is Jenny. This year has been filled with many successes. And I’m grateful for all the love I’ve received. I’m still excited regarding what’s to come. I am currently starting my journey as a solo artist in 2024 with the company I founded called OA. Please show lots of love for my new beginning with OA (ODD ATELIER) and of course BLACKPINK. Thank you. ”
Blackpink band which is a famous girl group and created records and historical success for all 4 members. People in such circles Including the K-pop music industry all over the world. It has completed its Born Pink World Tour around the world, performing in 41 cities around the world, attracting a total of 1.5 million visitors since the concert began in October 2022.
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