Fans rejoice as Blackpink end speculation about their future in K-pop, with Jisoo, Jennie, Lisa and Rosé all signing new contracts
- Seven years after their K-pop debut and four months after their contracts expired, the four members of Blackpink have re-signed with their management agency
- The world’s most popular girl group plan a new album and world tour, YG Entertainment says. Fans celebrate the news on social media
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.
The label is still in talks with Blackpink regarding an exclusive contract for their solo activities.
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 will continue to do its best to shine even brighter in the global music market as an artist representing K-pop, and we will give them constant support and unwavering trust in their actions.”
The news of Blackpink’s contracts renewal triggered a wave of excitement among fans who have been looking forward to their reunion.
