Whether or not BLACKPINK will extend their contract with YG Entertainment remains a topic of debate, with many fans wishing for the group to leave.
Even with Kpop’s 4th generation quickly emerging, BLACKPINK remains as popular as ever. As their fame continues to grow, whether BLACKPINK will extend their contract with YG becomes a hot topic. Many Chinese fans believe that the members should “escape” from their current company to seek new opportunities.
Following Jisoo’s solo performance, Korean media has continuously reported on negotiations between BLACKPINK and YG Entertainment regarding a contract extension. In particular, Star News claimed that all members are likely to stay with YG unless a special reason arises.
On the other hand, earlier in January, there were reports that the discussion between BLACKPINK and YG might not go smoothly. At the time, Munhwa Ilbo suggested that the management company would struggle to offer adequate terms to retain the popular girl group.
According to Munhwa Ilbo, with ever-increasing fame, each BLACKPINK member receives attractive offers from both domestic and foreign companies. For instance, Lisa was allegedly offered 100 billion KRW to switch companies. Industry insiders predict that YG will have to pay 20 billion KRW upfront to each member if they want the group to extend their contract.
Regarding YG’s contract extension, Chinese fans have expressed their opposition, even calling for their idols to quickly “escape” from their current management agency. According to these fans, YG never managed BLACKPINK properly, having “hindered” brands’ contact with Lisa, putting BLACKPINK in a long musical hiatus, hiding the sales of Rosé’s album, not protecting Jennie and Jisoo against malicious comments, and so on.
Below are some comments from these netizens:
- Lisa, run away quickly!
- Jisoo, join a new film crew!
- I don’t see why they should stay with YG with their top-tier status
- Rosé deserves better
- They never move a finger when Jennie was buried in criticisms
After 7 years of debut, BLACKPINK has gained insane international fame, with each member having made a name for themselves. Therefore, fans believe that even without YG, BLACKPINK can shine as both a group and individually. In fact, BLACKPINK members can earn a large sum of money from their current ambassador contracts alone.
Source: Yan
