YG has reached the final conclusion on renewing the contract with global girl group BLACKPINK.

On the morning of December 6, YG reached the final conclusion on renewing the contract with global girl group BLACKPINK . After a long time of making the media and the public “half-trustful”, BLACKPINK’s future has finally been determined with a satisfactory ending for the BLINK fan community. Accordingly, YG has completed the re-signing and maintenance of the exclusive contract for group activities based on strong trust with 4 members Jennie, Jisoo, Rosé, Lisa.

BLACKPINK renews group contract with YG

Specifically, YG made an official announcement: “We have completed the board of directors’ resolution to sign an exclusive group contract including all 4 members of BLACKPINK.” Yang Hyun Suk added: “I am very happy to continue my relationship with BLACKPINK. In the future, BLACKPINK will try our best to shine even more brightly in the global music market as an artist. Artists representing Kpop as well as our company, we also give our firm support and trust in their series of actions.”

Fans can fully expect BLACKPINK’s new album or epic world tours with support from YG.

Thus, BLACKPINK’s future will continue to be maintained and developed under YG’s management. However, the 4 members’ personal contracts with the company have not yet been finalized. Even if the “scenario” of BLACKPINK maintaining group activities in parallel with independent individual activities happens, fans can fully expect to have a new album or epic world tours with support from YG.

The good news was shared, social networks exploded with reactions, BLINKs simultaneously congratulated. As expected of BLACKPINK, YG stock immediately grew in a “straight line” after announcing the re-signing.