Lady group BLACKPINK plans to keep up group actions. Nevertheless, particular person unique contracts with YG Leisure (YG) for every member haven’t been finalized. The plan is to proceed as a bunch for BLACKPINK actions whereas pursuing particular person actions sooner or later
Just lately, the 4 members of BLACKPINK agreed to proceed “group actions” with YG. Two members have already agreed with the intention of constant BLACKPINK actions and have accomplished contracts with YG. YG is predicted to formalize this by signing contracts with the remaining members.
In a quarterly report on Nov 14th, YG said, “As of the disclosure date, unique contract negotiations with the artist (BLACKPINK) are in progress. The ultimate outcomes can be introduced later via the ‘Main Administration Issues Associated to Funding Choices’ disclosure.”
Nevertheless, whether or not the 4 members have unique contracts with YG stays unclear, as none of them have renewed contracts with YG but. The members are nonetheless exploring circumstances with numerous firms.
Nonetheless, some members are nonetheless contemplating signing particular person contracts with YG. A music business insider talked about, “There are locations providing tons of of billions of received in signing bonuses to amass them. Nevertheless, some members nonetheless see collaborating with YG, which has supported BLACKPINK actions, as extra environment friendly and are nonetheless in communication with YG.”
In the meantime, BLACKPINK concluded their world tour “Born Pink” in September, gathering 1.8 million attendees and producing practically 300 billion received in cumulative income. Even when particular person unique contracts don’t materialize, it’s anticipated that BLACKPINK’s group actions alone will lead to astronomical income for YG and every member.