Is BLACKPINK disbanding? Jennie, Jisoo, and Lisa to reportedly leave YG Entertainment

Although BLACKPINK has technically surpassed the often-discussed '7-year curse,' the uncertainty surrounding contract renewals has become a focal point in the entertainment industry. Now, the latest news that has come states that Rosé reportedly the only one to renew with YG Entertainment.

According to a report from Sports Seoul dated September 21 KST, YG Entertainment and the BLACKPINK members are currently in the final stages of negotiations for a distinctive contract arrangement.

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As detailed in the report, Rosé is the only member who has opted to renew her contract with YG Entertainment. Conversely, the remaining three members have declined renewal offers from their respective agencies but have expressed their dedication to continuing their collective activities as BLACKPINK.

The revised contract proposal from YG Entertainment outlines that members represented by external labels will participate in BLACKPINK's group endeavours for six months within a year. Negotiations for this adjusted contract are nearing completion, according to the report.

What are the other members up to?

Furthermore, it is disclosed that Jisoo, anticipated to advance her acting career, and Lisa, a prominent figure in the South Asian market, have both accepted exclusive contract offers valued in the tens of billions of KRW (roughly in the range of $10 million USD). 

Both Jisoo and Lisa have chosen to be represented by South Korean companies, as reported by Sports Seoul. However, the report did not provide further information about Jennie's contract status.

Meanwhile, at BLACKPINK's 'Born Pink' encore finale in Seoul on September 17, Jennie assured fans by stating, "We will continue to be the BLACKPINK you love," hinting at the group's determination to stay together.