Separate but together, the status of the four BLACKPINK girls after YG Entertainment made it clear that no one would renew their individual contracts.
News about renewing the contract of 4 girls groups Pink black With the camp agency YG Entertainment It's an issue that Thai Blinks and Blinks around the world have been paying attention to over the past few months. Since the contract expired in August 2023, many rumors have been raised. Even causing YG shares to fluctuate every time there is a problem renewing the contract.
Especially the rumor that says Lisa The only Thai idol in the group. She rejected an offer of up to $40 million, roughly 1,400 million baht, and also revealed that there are many famous record labels around the world. They all made Lisa several offers, including record labels from Thailand.
Meanwhile, a source within YG Entertainment briefly clarified this matter. Just a matter of uncertain timeline. Because BLACKPINK's concert tour and Lisa's solo activities are not related to contract renewal or non-renewal. The contract is still in the process of being discussed
Meanwhile, information revealed that the other three girls had their own paths. There was only one member who decided to renew his contract with YG. rose side Jisoo I want to turn to acting more. Therefore, he chose to sign a contract with another company in South Korea. Jenny At that time there was no additional information.
However, from these rumors, YG Entertainment's stock price was affected. They have been sold off heavily since the opening of the South Korean stock market. With prices falling to -9% It set a record for a single-day collapse in stock prices, the most since September 28, 2022, or in almost a year.
Until December 6, 2023, it was officially announced that YG Entertainment and the four girls from BLACKPINK held final discussions regarding contract renewal. Before we reach a conclusion we will make the contract in the form “Separate camps, not separate groups.” They plan to embrace the love of fans around the world through activities befitting their global status, such as releasing a new album fully supported by YG and a major world tour.
From the news of BLACKPINK's contract renewal This sent YG shares up as much as 29%. At some point in trading, at 9:25 a.m. on December 6, 2023 (Korean time), the stock price rose to KRW 61,900 per share. After market close on December 5, 2023 at KRW 48,000 (US$36.58) per share.
As for individual contracts, information was recently revealed (December 29th).YG Entertainment She said in an official statement, “Hello, this is YG Entertainment. YG recently signed an extended contract for BLACKPINK group activities. 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 will strongly support our members' individual activities.
In this regard, on Jenny One member herself confirmed that she has become the CEO of her own brand, ODD ATELIER, by informing fans that the news can be translated into Thai.
“Hi, this is Jennie. This year has been filled with so many successes. I'm grateful for all the love I've received. I'm still excited for what's to come.” I'm currently starting my journey as a solo artist in 2024 with the company I founded called OA. Please show lots of love to my new start with OA (ODD ATELIER) and of course BLACKPINK. Thank you all.”
Blackpink band It is a famous girl group, creating records and historical success for all four members. People in such circles including the K-Pop music industry around the world. She has completed her Born Pink World Tour, 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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