YG continues to disclaim giving a transparent assertion on rumors of BLACKPINK’s contract renewal
On November twentieth, Munhwa Ilbo reported that the 4 BLACKPINK members had determined to proceed their group actions underneath YG Leisure. Though contracts for particular person actions are nonetheless undecided, the members don’t have any disagreement with persevering with to do BLACKPINK actions as a bunch.
On this regard, YG Leisure mentioned to Donga.com, “Nothing has been confirmed, We’re nonetheless in dialogue”.
It’s true that nothing has been determined but. If the members need to perform particular person actions in anywhere aside from YG, they need to determine on that first then organize the phrases of BLACKPINK contract by connecting firm with firm. The issue is that it’s not possible to signal BLACKPINK contract first. The revenue state of affairs for every firm varies relying on the precedence actions. Due to this fact, there are not any precedent circumstances of signing contracts for group exercise earlier than figuring out the person company.
This 12 months, probably the most essential concern for YG Leisure itself is the renewal of BLACKPINK’s contract. Whereas there are lots of idol IPs (mental properties) secured to date, among the many at the moment energetic idol teams, BLACKPINK is the one one with out an IP.
With BLACKPINK’s important influence on YG Leisure’s enterprise areas corresponding to inventory costs, the leisure company is placing effort into the renewal of BLACKPINK, aiming for the group’s continuity and common actions, not disbandment.
Nonetheless, the ideas of every BLACKPINK member are completely different. Whereas there are benefits to group actions, there’s additionally a powerful want for every member to model themselves, making it not straightforward to discover a compromise. Though the variety of members is comparatively small in comparison with different teams, discovering a consensus is equally difficult.
Due to this fact, YG Leisure’s dilemma is deep. They’re exploring methods to take care of BLACKPINK as a bunch, however it’s troublesome to succeed in a compromise and slender down opinions, making it difficult to substantiate renewal.