YG confirms ongoing recontracting negotiations with BLACKPINK, jisso and other final outcome to be disclosed later

                                       

YG Entertainment (hereafter YG) has announced that it will disclose the decision regarding the re-contracting of BLACKPINK (Jisoo, Jennie, Rosé, Lisa, ) at a later date.

The final results will be announced through subsequent disclosures of key management matters related to investment decisions."

This marks YG's official statement on the re-contracting negotiations with BLACKPINK after a period of approximately two months. BLACKPINK, which debuted in August 2016, has been engaged in re-contracting negotiations with YG since August of this year, ahead of the expiration of their seven-year exclusive contract.

Here have been speculations in certain circles that three BLACKPINK members (Jisoo, Lisa, Jennie,  excluding Rosé) have decided not to renew their contracts with YG. 

There have also been rumors that  Jisoo  Jennie and plan to establish their own one-person agencies.Regarding these speculations, YG officially stated to Newsen on September 25th, "There is no confirmed decision regarding the re-contracting of BLACKPINK and their future activities."