YG officially responded to the news about Jennie and Jisoo leaving and opening their own company
YG Entertainment’s reaction to the news that Jennie and Jisoo opened their own management company made netizens confirm their assumption that BLACKPINK members did not renew their contracts.
Currently, one of the most popular topics in the Kpop entertainment industry is whether BLACKPINK members will renew their contracts with YG Entertainment or not.
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While the noise related to rumors that only Rosé remains at the old company has not ended, News1 (Korea) on September 25 once again stirred up public opinion with an exclusive report that both Jennie and Jisoo are in the process of establish your own company.
Specifically, they continue to negotiate the possibility of re-signing a contract with YG for BLACKPINK’s general activities, and at the same time creating their own management company to operate and handle solo activities.
Jennie and Jisoo are said to have set up their own management company to run their solo activities.
Not long after News1 reported the news, YG quickly responded: “There is no confirmation regarding BLACKPINK’s contract extension and future activities.”
The new announcement from YG is no different from the previous answer to the rumor that only Rosé would stay. Previously, Korea’s leading entertainment company said there had been no official decision about BLACKPINK because it was still negotiating.
Despite efforts to reassure fans and shareholders, many netizens believe that YG’s vague response is a sign that the contract negotiations with the 4 BLACKPINK members have “failed!”
Many comments were left on online forums: “They do not deny that Jennie and Jisoo are setting up their own company”, “From the current developments it seems that the members will not re-sign the contract”, “I I think what they mean is that the rumors of setting up their own company are true, but no decision has been made about the group’s promotion. The members need to negotiate with YG about music copyright and the right to use the name BLACKPINK”, “They just trying to buy time before making an official announcement”, “There have been many similar articles so this news is definitely true”, “The negotiations have definitely failed” …
In addition, despite being shocked, a part of fans expressed their support for their idol’s decision and sent congratulations to the members.
“Congratulations on leaving YG”, “I think there is nothing wrong with starting your own company”, “Many artists still sign contracts with other companies after owning their own companies”, “Congratulations to girl the best things”…
Before new information about Jennie and Jisoo surfaced, netizens focused their attention on Lisa’s actions on Instagram.
On September 23, the youngest member of BLACKPINK posted a series of photos on Instagram showing off her sexy figure, along with the caption: “You are not invited.”
The confusing message caused a stir in the Korean media. Many people believe that Lisa was referring to contract renewal negotiations with YG.
Kpop entertainment news sites simultaneously posted articles “decoding” Lisa’s post, with headlines attracting readers like Lisa, who refused 50 billion won (37.4 million USD), uploaded a difficult post. understand “You are not invited”, BLACKPINK’s Lisa wrote a cryptic message amid the contract noise with YG: “You are not invited”, will BLACKPINK disband? Lisa replied: “You are not invited”…
Currently, Lisa’s post has received more than 8 million Likes. Fans are still waiting for official information about BLACKPINK’s contract with YG. Many people were depressed and angry when the story lasted unusually long.
Lisa caused a stir because of a strange message on Instagram.
According to Koreaboo
