Breathe: Blackpink hasn’t broken up.
After months of negotiations, South Korean K-pop band most popular girl bands Around the world at the moment – YG Entertainment signs exclusive contract for group activities based on ‘strong trust’ announced Wednesday (December 6), according to Reuters. The Seoul-based entertainment agency’s stock price rose more than 25% on the news.
In September, there were rumors that only Rosé would renew her contract with YG.That month, reports suggested that Lisa, perhaps the biggest international phenomenon of the four, was traveling alone in Paris without YG management. An American label wanted to sign her.. Around the same time, the media whispered that Jisoo might be taking the next step. Another Korean company. Jenny in October announced a solo comeback Four years have passed, and hopes that the group will not disband have faded further.
These rumors can now be put to rest. The South Korean quartet will not only record and release an album, but will also go on a world tour.
Chart: BLACKPINK boosts YG Entertainment stock price
Quote: BLACKPINK will “shine even brighter”
“We are happy to continue our relationship with BLACKPINK. BLACKPINK will continue to do our best to shine even more in the global music market, not only as a company but also as an artist representing K-Pop.”
One big number: The origins of K-Pop girl groups
2 billion to 3.2 billion won ($1.5 million to $2.4 million): The cost of forming a girl group.of Large production scale, starting from global auditions, to album recordings, music videos, and stage shows. Everything from choreography to stage makeup to backup dancers is added to the fee.
Fun fact: Blackpink avoided K-pop’s 7-year curse
K-pop artists usually join management companies as trainees, and some are selected to debut. These selected people sign her standardized seven-year contract. This is often referred to as the “seven-year curse” because the group disbands at the end of the contract period. A girl group of over 30 people Victims of this curse Includes 2NE1, 4 Minutes, Rainbow, missA, and more.
Founded in 2016, Blackpink has at least survived the cursed year 2023.