The personal contract situation of Blackpink after renewing the contract with the management company has just been revealed by Korean media at noon December 18.

Kpop girl group Blackpink. Photo: AllKPop.

Herald Economic reported on December 18, according to NH Investment & Securities, YG has solved their biggest problem – which was Blackpink’s contract renewal and now there are no more concerns.

In a report on the same day, researcher Lee Hwa Jung revealed that YG’s target stock price (87,000 won) has currently remained stable. “With Blackpink’s official contract extension – the biggest uncertainty has been resolved.

Baby Monster’s debut song was also successful, so there are no more worries. The rapid growth of Baby Monster and Treasure and the return of Blackpink will be an opportunity for YG to increase their stock price significantly” – researcher Lee added.

In addition, regarding the terms of Blackpink’s new contract, the expert said: “It seems that the increase in profit distribution ratio for artists is limited and the upfront payment has been determined within en can recover capital”.

Meanwhile, with the issue of Blackpink members’ unconfirmed individual contracts, researcher Lee said: “Individual contracts are expected to be flexible. In the case of individual activities that require the name ‘Blackpink’, such as solo albums, there is a high possibility that members will cooperate with YG because the company holds the trademark rights”.

“Independence will be guaranteed for individual activities, in which the demonstration of members’ personal skills is more important, such as participating in variety shows or launching brand businesses . However, all individual activities will be carried out within the scope of not interfering with group activities” – Lee Hwa Jung commented.

Previously, on December 6, YG announced that Blackpink had decided to extend the group’s contract after a thorough discussion process. After the renewal, the 4 members are expected to continue their group activities under the support of YG, including the release of a new album and a large-scale world tour.

“I’m excited to continue our relationship with Blackpink. The company will try our best to help the group shine even more brightly in the global music market.” – YG CEO – Yang Hyun Suk added.

Blackpink debuted on August 8, 2016 with the title song “Whistle” and “Boombayah”. After that, the group became famous both inside and outside Korea, the four members Jisoo, Jennie, Rosé and Lisa all made a name for themselves in both the music and fashion fields.

In fact, it is not an exaggeration to say that Blackpink is a “dominating” girl group. Kpop music industry. The group also achieved notable achievement when topping the US Billboard 200 chart and the UK’s Top 100 official album chart and were the first Kpop girl group to do so.