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YG Entertainment is shutting down claims that BLACKPINK is moving to its affiliate label The Black Label.
Thursday, from the K-Pop Herald and korea herald According to an inside source, it is claimed that BLACKPINK will be transferred to The Black Label for future management.
The Korea Herald report also said that discussions about the members’ contracts and management were completed early this year.
Black Label is helmed by producer Teddy Park, who has overseen BLACKPINK’s records from day one.
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Representative of YG Entertainment responded said to the report: “What I can say is that our contracts with the members are not over yet. It’s hard to tell if they’ll sign with The Black Label after their contract ends. “
This week, BLACKPINK news joins a string of YG entertainment announcements.
entertainment company thursday teased a picture The news of their new sextet girl group is scheduled for January 1, 2023 at 12AM KST.
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On that day, the members of YG boy group iKON terminated their contract Reached a mutual agreement with the label to end the seven-year partnership. They are reportedly in talks to operate under 143 Entertainment.
Earlier this week, BIGBANG’s Taeyang and Daeul left YG following their departure. contract expiresThe former is signed to The Black Label.
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