BLACKPINK's Jennie, Jisoo, and Lisa are allegedly not renewing their contracts with their label YG Entertainment, but will remain with their group.
An exclusive report from Sports Seoul stated that only Rosé reportedly renewed her contract with YG Entertainment and that the other three members are moving to other agencies but are remaining as part of BLACKPINK.
The report also mentioned Lisa and Jisoo are allegedly transferring agencies for over ten billion won in down payment.
YG Entertainment has responded with a brief statement regarding the report. “BLACKPINK members' contracts have not been confirmed yet and are being discussed,” the agency said.
After the reports of BLACKPINK's possible departure from YG Entertainment, the label's stock prices dropped, decreasing by more than 13 percent. Data from the Korea Exchange on September 21 reveals that YG Entertainment's stock price fell to 69,200 KRW (51.59 USD) per share, a hefty decline of 13.28 percent from the prior day when the stock price was 79,800 KRW (59.50 USD) per share.
The exact future of BLACKPINK as a group under YG Entertainment remains unclear as the girls continue to negotiate their contracts.
IN THE MEANTIME, CHECK OUT WHAT HAPPENED AT THE BLACKPINK WORLD TOUR IN MANILA (BULACAN) LAST MARCH:
BLACKPINK members Jisoo, Jennie, Rosé, and Lisa flew all the way to the Philippines for their two-day “BLACKPINK WORLD TOUR [BORN PINK] MANILA (BULACAN)” concert. This marks the girl group's third visit to the country.
BLACKPINK were gifted by their Filo Blinks with lots of love and sweet banners during the said concert.
Filo BLINKS went the extra mile and even gifted BLACKPINK with extravagant welcome banners.
The entire Philippine Arena was surrounded by Filo BLINKS in their respective black and pink outfits. Of course, they wouldn't forget their cute BI-ping-bongs!
Filo BLINKS were also gifted life-size standees of BLACKPINK so they can take photos with them!
Once again going the extra mile, Filo BLINKS even set up a mascot for BLACKPINK.
Tons of photo areas were set up for Filo BLINKS to bask in!
Filo BLINKS also gifted their favorite girls with a beautiful message box that pays homage to the design of the infamous Burn Book from the film “Mean Girls.”
A few minutes before the concert started, the Philippine Arena is surrounded by bright beautiful lights.
Look at the number of people inside the Philippine Arena supporting BLACKPINK!
Kendra Kramer also graced the BLACKPINK concert with her family members Scarlett, Doug, and Cheska.
A certified BLINK, Cassy Legaspi also attended the first night of the "BLACKPINK WORLD TOUR [BORN PINK]" in Bulacan.
Celebrities Kakai Bautista and Sanya Lopez also graced the BLACKPINK concert!
Although Kapuso actress Yasmien Kurdi couldn't make it to the BLACKPINK concert, her daughter Ayesha graced the event in her best concert outfit!