Dispatch revealed BLACKPINK’s individual contract status on the morning of December 7.
Although BLACKPINK has now re-signed a contract with YG, a part of fans cannot help but worry because the re-signed contract is only for the purpose of “group activities”. As for individual contracts, on December 6 , YG officials said that the company and the members are currently discussing.
On the morning of December 7, Dispatch reported that Yang Hyun Suk was the biggest beneficiary after BLACKPINK re-signed the contract. In particular, news site Dispatch also revealed in the article: ”Although YG has renewed the contract with BLACKPINK regarding group activities, they are still discussing individual activities. It is known that some members have expressed their intention to follow their own path rather than YG when it comes to personal activities.
Dispatch said some BLACKPINK members expressed their intention to go their separate ways when it comes to individual contracts.
More specifically, if BLACKPINK signs a group contract but does not sign an individual contract with YG but moves to different companies, the 4 BLACKPINK members will only participate in group activities under YG such as group albums, concerts, world tour,…
This case has also happened to some Kpop groups such as SNSD, Super Junior or recently DO of the EXO group under SM Entertainment.
If they do not sign an individual contract, BLACKPINK will only participate in group activities under YG.
Previously, there was a lot of information circulating about the 4 BLACKPINK members negotiating terms with different companies. Rosé was caught having a private meeting with Ron Penny – President and CEO of American record label Columbia Records. Lisa was repeatedly emphasized by Korean media that she soon decided to follow her own path. As for Jisoo – Jennie, there was information reported by Korean media that they would both establish their own management company.
However, Korean newspaper Munhwa Ilbo once revealed that 2/4 members are considering continuing to sign individual contracts with YG. A leader in the entertainment industry said: “There are places that pay tens of billions of won in advance to recruit them. However, some members think that cooperating with YG will be more effective, because the company has a lot of experience supporting them.” BLACKPINK’s activities up to now, so they are still in contact with YG.”
Korean newspaper Munhwa Ilbo once revealed that 2/4 members are considering continuing to sign individual contracts with YG.