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YG Entertainment Strives to Renew Contracts with BLACKPINK Before Expiration

news.naver reports that Giant entertainment label YG Entertainment are doing their best to renew their contracts with BLACKPINK. Earlier it was reported in the media that all the members were deciding whether to renew or not. (BP contract expires Aug 2023)

BLACKPINK and YG’s exclusive contract will expire in August. Attention is focused on whether BLACKPINK and YG will renew their contracts before it expires. Earlier, the investment industry released a positive analysis of the contract renewal between BLACKPINK and YG.

In January, NH Investment & Securities said

“It is not necessary to assume and react negatively in advance regarding the new contract. BLACKPINK’s contract renewal is expected to be carried out easily, so it’s time to let go of the excessive worries.

in February Hana Securities said
“If BLACKPINK’s contract has already been renewed, There is still room for the likelihood that Baby Monster will be highly reflected in the stock price all at once. Once BLACKPINK renews its contract, the stock price is expected to rise. which is the highest level after SM Entertainment. in the agency this year.”

BLACKPINK’s solo activities, which have recently done well. It has raised expectations for positive trends as well.

Researchers from Yuanta Securities said:
“The performance of the members who were assessed as lagging behind in the group’s singing and acting skills proved the right balance in the team. Therefore, it is good for contract renewal. It looks like long-term monetization is possible when renewing the contract with BLACKPINK.”

have a positive outlook But there is still a lot of tension as the contract renewal with BLACKPINK continues to be variable. BLACKPINK members have shown outstanding talent in their fields as well as group activities. Some speculate that BLACKPINK members may focus on individual activities rather than group activities.

Jenny released her solo album ‘SOLO’ in 2018 and had a huge impact on the domestic and international music industry. and recently debuted as an actress in HBO’s ‘Diadol’. Jisoo received a good response with the release of her first solo album ‘ME’ on March 31st. 24 hour cycle surpassed 159,800 copies in 24 hours after pre-order. In 2021, he appeared in the JTBC drama ‘Snowfall’.

Lisa is attracting attention worldwide for her great dancing skills. In 2020 and 2021, she is working as a dance consultant in the girl group creation project ‘Youth Uni’ organized by Aichii platform. chinese video The solo album ‘LALISA’ released in 2021 also has a huge ripple effect along with its release.

Rose has a unique voice and singing ability. and achieved remarkable results with her solo album ‘R’, which was released in 2021, selling over 280,000 copies on its first day and reaching number one for a female solo in a short time. Rosé is listed on Guinness World Records. ‘Most viewed K-Pop Solo music video online in 24 hours’ and ‘The first artist to reach number one on the Billboard Global Chart as a group and solo’.

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