Yes, but with a nuanced understanding. While Blackpink did not entirely leave YG Entertainment, the members (Jennie, Jisoo, Rosé, and Lisa) opted not to renew their individual contracts with the agency. YG Entertainment confirmed this decision on December 29, 2023. This means that although the group activities will still be managed by YG, the members are now free to pursue their own solo careers with different agencies of their choosing.
Understanding Blackpink's Contract Situation with YG Entertainment
Here's a breakdown of Blackpink's current relationship with YG Entertainment:
- Group Activities: Blackpink will continue to operate as a group under YG Entertainment. This implies that YG will still manage and organize group comebacks, tours, and other activities.
- Individual Activities: The individual members have chosen not to renew their solo contracts with YG. This allows them to engage in solo work like acting, solo music releases, brand endorsements, and other projects with other agencies if they want to.
Key Takeaways
| Aspect | YG Entertainment Relationship |
|---|---|
| Group Activities | Management and promotion of group activities remain under YG. |
| Solo Activities | Members are free to pursue solo work independently of YG. |
- Flexibility: The new arrangement provides the members with greater flexibility and control over their individual careers.
- Dual Management: There will now be a dual management structure, with YG managing group activities and other agencies or self-management of the members' individual work.
In conclusion, while Blackpink, the group, remains with YG Entertainment, the individual members have parted ways with the agency's solo management, allowing them to seek new opportunities for their individual careers.
