YG Entertainment confirms Blackpink’s contract renewals are ‘ongoing,’ denies Lisa is leaving the agency

YG Entertainment denies Blackpink’s Lisa is leaving the agency, says contract renewals are ‘ongoing’

/ 03:25 PM July 12, 2023

Lisa of Blackpink. Image: Instagram/@lalalalisa_m

Lisa of Blackpink. Image: Instagram/@lalalalisa_m

South Korean music label YG Entertainment said that discussions about Blackpink’s contract renewal are currently “ongoing,” as it refuted allegations of Lisa’s departure.

YG made the brief confirmation in response to a report from Korean media outlet Munhwa Ilbo on Wednesday, July 12, which said that there’s a “high chance” that Lisa will be leaving the agency after the expiration of her contract in August. Meanwhile, discussions on Jisoo, Jennie, and Rosé’s contracts are supposedly “going smoothly.”

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While citing a source from an undisclosed Chinese agency, the report also stated that the Thai singer is set to appear in a show, however, it’s “difficult to arrange scheduled activities after August” due to her schedules, as well as the “uncertainty” if she’ll renew her contract.

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YG then responded to the reports saying, “The [uncertain scheduling] is due to the tour schedule as well as her individually scheduled activities. It has nothing to do with the contract renewal,” per a Soompi translation.

The agency also confirmed that contract renewals for the quartet are “currently under discussion,” as of this writing.

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It can be noted that a standard K-pop contract lasts for seven years, which spawned the jargon “seven-year curse” among fans, as many groups disband or witness the departure of certain members after seven years.

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Blackpink debuted in August 2016 with the single album “Square One.”

The quartet, who’s currently on their “Born Pink” world tour is best known for their hit songs “How You Like That,” “Pink Venom,” “Ddu-du Ddu-du,” and “Shut Down,” among many others. EDV

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TAGS: Blackpink, K-Pop, Lisa of Blackpink

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