Patrick Frater Asia Bureau Chief Blackpink, the multinational female music act that is the biggest girl group in the Korean pop (K-pop) firmament, may finally be close to renewing its collective contract with YG Entertainment.
The news was widely reported in Korea on Monday and comes after months of speculation that the four-piece act – Jisoo (real name Kim Ji-soo), Lisa (Lalisa Manobal), Jennie (Kim Jennie) and Rose (Roseanne Park) – would take their acts to another shop.
Blackpink’s previous contracts with YG expired in August. The Munhwa Ilbo (or Culture Daily) publication Monday claimed an exclusive with the information that Blackpink will re-up with YG, but the four individuals will not renew their exclusive contracts with the agency.
It also added that two of the four have signed the new Blackpink-YG contract. The information boosted YG’s KOSDAQ-listed shares by 3% on Monday morning.Read more on variety.com
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