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All BLACKPINK members renew contracts with label YG

A man walks past a bus used for promotion for the BlackPink band on the eve of their two day concert in Hanoi on July 28.//AFP

Seoul, South Korea – All members of the megastar girl group BLACKPINK renewed their contracts with YG Entertainment on Wednesday, the company said, ending speculation around their future and driving up shares in the leading K-pop label by over 20 percent.

Rumours surrounding BLACKPINK — one of K-pop’s most successful girl groups — and their potential future plans have abounded since the quartet’s original contracts expired in August, with local reports even claiming in September that member Lisa rejected YG’s renewal offer.

But YG announced on Wednesday that all members — Jenny, Lisa, Jisoo and Rose — had renewed their contracts with the company for “group activities”.

“After careful discussion with BLACKPINK, we signed an exclusive…

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