Korean agency YG Entertainment announced that all four members of K-pop group BLACKPINK will manage their own individual activities and not under the company.
“YG recently signed an extension contract for BLACKPINK's group activities and agreed not to proceed with a separate additional contract for individual activities,” the agency announced on Dec. 29.
BLACKPINK (Photo courtesy of Royal.UK)
It added, “We will do our best to support BLACKPINK's activities, and we will cheer for the individual activities of the members with a warm heart.”
This means that BLACKPINK’s Jennie, Lisa, Jisoo and Rosé will only be under YG Entertainment for activities involving the group.
The negotiations for individual contracts with BLACKPINK members appeared to have failed.
Last Dec. 6, YG Entertainment said, “After careful discussions with BLACKPINK, we have signed an exclusive contract for the group activities based on deep trust.”
But it said that "contracts for individual activities are being negotiated."
It said as a group, BLACKPINK will release a new album and hold a world tour.
The announcement came after Jennie confirmed that she has established her own label, Odd Atelier.
“This is Jennie. This year was filled with many accomplishments, and I'm so thankful for all the love I've received,” she said.
She added, “I’m also excited about what's to come, as I start my solo journey in 2024 with a company that I have established called OA. Please show lots of love for my new start with OA and of course, BLACKPINK. Thank you. @oddatelier.”