specifically, YG Entertainment announced on December 29: “YG recently signed a contract to extend group activities with Blackpink and did not sign a separate contract for individual activities. We will try our best.” to support Blackpink’s activities as well as the members’ personal activities.”

Thus, according to this announcement, YG Company is only in charge of Blackpink’s group activities and has no right to interfere with the solo activities of the 4 members in the future.

Previously, the fact that 4 Blackpink members renewed their group contract with YG Entertainment helped the company have strong stock growth. In addition, the group will soon release an album and hold a world tour.

Immediately after the news of Blackpink re-signing the contract, according to Korean media statistics, YG’s stock price skyrocketed from 20.63% to 23.13% and at one point reached 26.67%.

Blackpink is a girl group founded by YG with 4 members Jisoo, Jennie, Rosé and Lisa. With vibrant music and personality, Blackpink quickly established themselves as the world’s leading girl group, making every song the group released a “hit” since their debut in 2016.

Most recently, in September, the group ended the “Born Pink” world tour with 2 encore nights in Seoul (South Korea). Blackpink’s world tour attracted 1.8 million spectators and revenue of nearly 300 billion won (about 5,555 billion VND).