YG Entertainment Has Renewed Its Contract With BLACKPINK's Four Members

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The company announced this on December 6, causing a surge in stock prices. Reports in September suggested that the agency had not yet renewed its contract with the group's members, leading to concerns about their future with the company. However, YG has now confirmed that the contract has been renewed. BLACKPINK is YG's most successful act and has had a significant impact on the US market, including performing at Coachella in 2019 and headlining the festival in 2023. In 2022, the group became the first K-pop girl group to top the Billboard 200 with their album Born Pink.

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'Blackpink sign new contract ensuring K-pop group will stay together - BBC News

K-pop superstars Blackpink have renewed their agency contract as a group, ensuring that the quartet will continue to perform together.

In a statement on Wednesday, YG Entertainment said "an exclusive contract for group activities based on strong trust" has been signed.

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'[BREAKING] All members of BLACKPINK renew contract with YG Entertainment | allkpop

On December 6 KST, YG Entertainment , the agency of K-pop sensation BLACKPINK , made an announcement stating, " We have successfully reached an agreement within our board of directors regarding the signing of exclusive group contracts for all four members of BLACKPINK, our esteemed artists. "

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Bullet Points:

YG Entertainment has renewed its contract with BLACKPINK's four members.

• The company announced this on December 6, causing a surge in stock prices.

• Reports in September suggested that the agency had not yet renewed its contract with the group's members, leading to concerns about their future with the company.

• BLACKPINK is YG's most successful act and has had a significant impact on the US market, including performing at Coachella in 2019 and headlining the festival in 2023.

• In 2022, the group became the first K-pop girl group to top the Billboard 200 with their album Born Pink.

• The renewal of BLACKPINK's contract is a positive development for YG Entertainment, which has been facing financial difficulties in recent months.

• The group's success has been a major factor in YG's growth and profitability, and their continued association with the ag [+]