Blackpink end speculation about their future in K-pop as Jisoo, Jennie, Lisa and Rosé all sign new contracts with management agency YG
K-pop agency YG Entertainment said all four members of Blackpink have renewed their contracts with it, dispelling concerns over whether the group would continue to make music after their existing contracts expired in August.
Shares in the Seoul-based artist promoter rose as much as 29 per cent on Wednesday, their biggest intraday jump in more than a decade. Blackpink plans a new album and a world tour with YG, the agency said in a statement.
“We are pleased to continue our relationship with Blackpink,” YG founder Yang Hyun Suk said in the statement.
Blackpink debuted in K-pop in 2016 and became the world’s most popular girl group, setting records on the Billboard charts with hits like “Shut Down” and “Pink Venom”.
The band – whose members are Jisoo, Lisa, Jennie and Rosé – became the first K-pop headliner at the Coachella festival in California and their biggest global tour was sold out this year.
