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
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According to WealthyPersons.com, BLACKPINK's net worth as a whole is around $24 million a year, which would mean each of the members would take home $6 million. That number, however, is likely a little lower based on the cut that BLACKPINK's management company, YG Entertainment, takes out of the band's profits.
YG is always looking for new talent and if you think you have what it takes, the first thing to do is to submit an audition application via their website. The entertainment group is currently holding open auditions that started in May and will continue through December 2020.
But this cannot be avoided since they signed an exclusive contract with YG Entertainment for 7 years.
They are one of the most popular Korean bands right now. The band debuted in 2016 and that means their contract expires in 2023.
Similar to BTS, the base salary per year for BLACKPINK is estimated to be $8 million a year. Therefore, the group as a whole makes at least $32 million per year.
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Outside the fan wars, it is highly unlikely for the girl group to disband soon. The official statement from BLACKPINK's agency read, "This is YG Entertainment.When Blackpink contract ends with YG entertainment and now they choose their next step. In 2023, the contracts of the four members at YG will expire. According to news, Jisoo and Lisa do not really want to renew their contracts. YG Entertainment의 모든 컨텐츠는 저작권의 보호를 받고 있습니다. Copyright YG Entertainment All Rights Reserved. Whether or not they will is still up for debate. It is currently home to idol groups such as BIGBANG, WINNER, iKON, BLACKPINK, in addition to numerous non-idol groups and solo artists. BLACKPINK's Jennie made a highprofile entrance in The Game Caterers 2.