This agreement is for the purpose of contracting the Entertainer’s entertainment service. Every state has its own laws concerning Entertainment Services. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Yg Entertainment Contract With Blackpink In Kings
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State:
Multi-State
County:
Kings
Control #:
US-00007BG-I
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FAQ
Speculation reached a crescendo as the year drew to a close, and on the cusp of 2024, YG Entertainment confirmed that the quartet had chosen not to renew their contracts for individual activities.
BLACKPINK members have renewed their contracts with YG Entertainment for group activities. However, they have chosen not to renew their contracts for individual pursuits. Jennie, one of the members, has established her own label called ODD ATELIER.
“BLACKPINK recently renewed their contracts with YG for their group activities, and we have agreed not to proceed with additional contracts for the members' individual activities.” “We are happy to continue our relationship with BLACKPINK.
Yes they are still together as a group in 2024. It was announced at the end of 2023 that the group renewed their contract with YG Entertainment.
Following their contract expirations with YG, Jennie, Lisa, and Jisoo set up their own companies — ODD Atelier, LLOUD, and BLISSOO, respectively — while Rosé announced in June 2024 that she had joined YG subsidiary The Black Label, which was co-founded with long-time BLACKPINK producer Teddy Park.
Blackpink — the four-piece K-pop act comprised of Jisoo, Lisa, Jennie and Rose – are no longer working with YG Entertainment for their solo endeavors, the company announced in a press release on Friday.
Is Blackpink still together? The simple and straighforward answer is yes. Although all four members - Jisoo, Jennie, Rosé, and Lisa - declined renewing their solo contracts with the label, their group still remains signed to YG as an entity – hence the world tour announcement.
“BLACKPINK recently renewed their contracts with YG for their group activities, and we have agreed not to proceed with additional contracts for the members' individual activities.” “We are happy to continue our relationship with BLACKPINK.
What Is The 7-Year Curse? The 7-year curse refers to disbandment of a K-pop group 7 years after their debut due to expiration of their exclusive contracts. Very few groups have been able to beat this curse, with all the original members still being a part after contract renewals.
The combined net worth of BLACKPINK's members is estimated at 62 million USD, each member earns around 6 million USD annually from group activities alone. Their management company, YG Entertainment, takes a share of the group's annual earnings of 25 million USD.
