BLACKPINK is the highest-charting female K-pop group on the Billboard Hot 100 and the first K-pop girl group to play Coachella. After a record-breaking world tour, their contract with YG Entertainment has been the talk of the town recently.
Did Blackpink renew their contract to 2028? Well, nothing is confirmed about contract renewals yet. Group members and YG Entertainment hasn’t given any official statement regarding it.
Meanwhile, Blinks are eager to know the fate of their idols. Here, we’ll address the big question – will YG and BLACKPINK come to an agreement that satisfies both sides? Continue reading next.
Key Takeaways:
- BLACKPINK’s 7-year contracts with YG Entertainment expire in August 2023
- Renewal talks began in May 2022 but details are still unconfirmed
- Several factors like finances, creative control, and passion projects will decide outcome
- Most industry insiders predict BLACKPINK will re-sign with YG instead of changing labels
- Expect rumors until official renewal announcement from YG and BLACKPINK
BLACKPINK – The K-pop Group of YG Entertainment
BLACKPINK, a South Korean girl group, took the world by storm when they debuted in 2016. Korean pop (K-pop) girl group is reportedly in discussions to renew their contract with longtime agency YG Entertainment.
The four members debuted under YG in August 2016 and their original 7-year contracts are set to expire in August 2023.
- Kim Jisoo
- Jennie Kim
- Rosé
- Lisa
With the expiration date fast approaching, fans are eager to know if BLACKPINK will re-sign with YG or part ways.
Did Blackpink renew their contract to 2028? We will discuss and answer some of the most common questions that fans have about the group’s future.
BLACKPINK’s Current Contracts 2023
- BLACKPINK debuted under YG Entertainment on August 8, 2016 with the single album “Square One”
- As typical for K-pop idols, the members originally signed 7-year contracts with YG
- This means their current contracts are set to expire in August 2023
- The contracts cover the group’s music releases, performances, endorsements, and more
- BLACKPINK recently had a successful comeback with their 2nd studio album “Born Pink” in September 2022
When Did Contract Renewal Talks Start?
- According to South Korean news outlet Munhwa Ilbo, YG began renewal talks with each BLACKPINK member in May 2022
- This timing aligns with when BLACKPINK would typically start preparing for a comeback
- It’s believed YG wanted to begin negotiations well in advance of the August 2023 expiration
- The early start enables more time to work out new contract terms
What Factors Are Involved in the Blackpink Contract Renewal?
- BLACKPINK’s tremendous success & earning power globally
- Desire for artistic control & creative direction of music
- Passion projects & solo activities outside the group
- Potential for even higher income with newer terms
- Length of new contract (another 7 years?)
- Will entire group re-sign or go separate ways?
Possibilities for BLACKPINK Contract with YG
While YG hopes to retain BLACKPINK under its umbrella, the ball is in the members’ court to decide what’s best for them as artists. Their phenomenal popularity empowers BLACKPINK with more leverage at the negotiating table than ever before.
Trust that these four fierce and talented women will make the choice that allows their talents to continue shining bright well into the future.
They Re-Sign with YG Entertainment
- YG is keen to re-sign BLACKPINK and keep the group under their label
- Company would likely offer better terms to entice renewal
- BLACKPINK has a successful formula with YG that could continue
- Easier to re-sign than start fresh with a new agency
They Part Ways and Sign With Other Labels
- BLACKPINK members could argue they are established enough to go independent
- They may want to negotiate better revenue splits or more creative freedom
- Individual members could sign with other Korean agencies or US labels
- Parting ways would be a major pivot away from YG after 7 years
Group Disbands Entirely or Individual Members Depart
- Low possibility, but members could let contracts expire and disband
- Individual members could depart group & sign solo contracts
- Most likely only if major disputes arise with YG during talks
Contract Decision is Delayed Until 2023
- Renewal may not be finalized until close to expiration in Aug 2023
- Allows more time for negotiations to play out
- A short extension or temporary contract may happen first
What Factors Will Decide BLACKPINK’s Choice?
Several key factors could determine what BLACKPINK decides regarding contract renewal:
Financial incentives – Will YG offer the group a bigger revenue split? More solo opportunities? The money on the table will be crucial. Understanding the full spectrum of BLACKPINK’s discography can provide insights into the group’s value and bargaining power.
Artistic control – BLACKPINK may want more creative input over their music, concepts, and visual direction. How they’ve evolved since debut can influence their need for control.
Passion projects – Members may want increased flexibility for solo songs, variety shows, acting, and other personal endeavors. This reflects the group’s individual member’s talents and interests outside the group.
Touring demands – Renewing contracts means committing to more physically grueling worldwide touring and promotion schedules. The experience of other groups like TWICE can shed light on the potential impact of such demands.
Relationship with YG – BLACKPINK has a close bond with YG after training and debuting together. But disputes over music or money could estrange them. The dynamics of such a relationship are complex and can be informed by looking at how other groups have navigated contract renewals.
Fan expectations – The BLINK fanbase will be eager for more group content together, especially after the recent comeback. Fan loyalty is essential, as seen with groups like TWICE, and meeting these expectations can be a decisive factor.
What’s YG’s Stance on Renewal?
YG Entertainment certainly wants to re-sign BLACKPINK and keep the successful group under their management.
As one of South Korea’s “Big 3” entertainment companies, YG has a reputation for retaining their popular idol acts. Some k-pop groups and idols have also re-signed with YG over the years. Like,
- BIGBANG
- WINNER
- iKON
CEO Yang Hyun-suk has said YG artists are like family. He will likely do all he can to keep BLACKPINK “in the family.”
What Are Industry Insiders Saying about Members of Blackpink?
K-pop industry executives surveyed by the Korea Herald in 2019 believe BLACKPINK will stay with YG:
- 87% said it’s unlikely BLACKPINK will move to another agency after their contracts end.
- Reasons cited include YG’s major role in BLACKPINK’s success, close senior-junior relationship with Yang Hyun-suk, and the time/effort needed to rebuild their brand elsewhere.
One insider said:
“It took seven years for BLACKPINK to cement its presence and identity as a YG girl group. If they leave now, they would have to start all over again with another agency.”
Will Lisa Renew Her Contract?
The enigmatic and talented Lisa, with her impeccable dance moves and unique rapping style, has captured hearts worldwide. Hailing from Thailand, Lisa’s journey from being a promising trainee to one of the pillars of BLACKPINK has been nothing short of awe-inspiring.
Her solo projects have further established her as a versatile artist, proving her mettle not just as a group member but also as an individual powerhouse.
A Glittering Solo Journey:
Lisa’s solo debut with “LALISA” was a testament to her immense popularity and talent. Breaking numerous records, the song was a hit globally, showcasing her versatility as both a singer and a dancer.
Given her thriving solo career, it’s no surprise that speculations ran wild about her contract renewal and whether she might branch out on her own.
Factors at Play:
Several factors were likely considered in Lisa’s decision:
BLACKPINK’s Group Dynamics: BLACKPINK is not just a group but a family. Their synergy on and off stage is palpable. For Lisa, the bond shared with Jennie, Jisoo, and Rosé is profound, going beyond professional commitments.
YG Entertainment’s Support: The agency has played a pivotal role in shaping Lisa’s career. Their commitment to her growth, both as a member of BLACKPINK and as a solo artist, would undoubtedly influence her decision.
Solo Ambitions: While Lisa has a flourishing career with BLACKPINK, her solo ventures have further demonstrated her potential. The possibility of pursuing solo projects while still being part of the group could be a significant consideration.
The Verdict
With BLACKPINK’s collective decision to renew their contract with YG Entertainment until 2028, it’s evident that the members, including Lisa, see their future aligned with the agency.
While the specifics of individual contracts might vary, the overarching sentiment is clear: BLACKPINK is here to stay, and that includes its mesmerizing maknae, Lisa.
Will BLACKPINK Disband or Go on Hiatus?
It’s very unlikely BLACKPINK would completely disband in 2023. Despite contract expirations, all signs point to the members wanting to continue the group’s success across music, endorsements, touring and more.
Going on hiatus is more plausible. They may not make a group comeback in late 2023 if renewal talks are still ongoing. Individual solo projects can continue during contract negotiations.
But BLINKS can be reassured BLACKPINK as a group is not going anywhere for the foreseeable future.
BLACKPINK & BLINKS: A Journey Ahead
Since their debut in 2016, BLACKPINK has captivated millions with their unique sound, charismatic performances, and genuine connection with their fans, aptly named BLINKS.
Of course! Here’s a basic table format regarding BLACKPINK, highlighting key details about each member:
| Member Name | Birth Name | Position in Group | Birth Date | Birthplace | Notable Solo Projects |
|---|---|---|---|---|---|
| Lisa | Lalisa Manoban | Main Dancer, Rapper | March 27, 1997 | Bangkok, Thailand | “LALISA”, “MONEY” |
| Jennie | Jennie Kim | Main Rapper, Vocalist | January 16, 1996 | Seoul, South Korea | “SOLO” |
| Jisoo | Kim Ji-soo | Lead Vocalist, Visual | January 3, 1995 | Gunpo, South Korea | “Flower” “Snowdrop” (Acting) |
| Rosé | Park Chae-young | Main Vocalist, Lead Dancer | February 11, 1997 | Auckland, New Zealand | “On The Ground”, “GONE” |
From the energetic beats of “BOOMBAYAH” to the soulful melodies of “Lovesick Girls”, their music resonates across different emotions, binding fans into a global family.
But it’s not just the music; BLACKPINK’s commitment to connecting with BLINKS is evident. Be it behind-the-scenes vlogs, candid live streams, or heartwarming fan meet events – the relationship between BLACKPINK and BLINKS transcends the usual artist-fan dynamic.
The 2023 Speculation and Beyond:
2023 was rife with speculation regarding BLACKPINK’s contract with YG Entertainment. The potential end of their contract left many wondering if the bond between BLACKPINK and BLINKS would face a hiatus.
But with the contract renewal confirmed, it’s clear: the journey is far from over.
The Future – More than Just Music:
With this extended partnership until 2028, what can BLINKS expect?
New Music & Collaborations: As global icons, BLACKPINK will undoubtedly continue to explore new musical horizons, blending genres and possibly collaborating with international artists.
Expansive World Tours: Their stage performances are nothing short of electric. Fans worldwide can look forward to experiencing this electricity in person, with tours spanning continents.
Diverse Ventures: BLACKPINK members have always shown an interest in various fields, from fashion to acting. BLINKS might witness Lisa, Jennie, Jisoo, and Rosé delve deeper into individual projects while continuing to shine as a group.
Continuous Connection: With evolving digital platforms, BLACKPINK’s connection with BLINKS will only deepen. Fans can anticipate more candid moments, interactive sessions, and perhaps even ventures into newer platforms of engagement.
With the contract renewal, Blinks can expect more albums, world tours, and unforgettable moments with BLACKPINK. The bond between the group and their fans is only set to grow stronger.
FAQs
Will BLACKPINK renew their contracts with YG Entertainment?
It is still too early to say for sure whether or not BLACKPINK will renew their contracts with YG Entertainment. However, the reports that have come out so far suggest that all four members are likely to renew.
What would it mean for the K-pop industry if BLACKPINK were to disband?
If BLACKPINK were to disband, it would be a major loss for the K-pop industry. Their disbandment would also have a negative impact on YG Entertainment.
What can fans expect in the future from BLACKPINK?
With the renewed contract, fans can anticipate more albums, world tours, and diverse ventures spanning various aspects of entertainment.
Can BLACKPINK sign with a non-Korean entertainment company?
Yes, they have the option to sign with a US record label or agency outside Korea.
What Should Fans Expect in the Coming Months?
With BLACKPINK’s contract expiration fast approaching, fans can expect rumors to intensify during 2023 until an official announcement. YG is likely to remain silent until renewal deals are secured.
Conclusion
Did Blackpink renew their contract to 2028? It is still too early to say for sure whether or not BLACKPINK will renew their contracts with YG Entertainment. However, the reports that have come out so far suggest that all four members are likely to renew.
This would be great news for fans of BLACKPINK, as it would mean that the group would continue to make music and perform together for many years to come.
