Although all four members of BLACKPINK recently renewed their contracts with YG Entertainment for group activities, they will not be renewing their individual contracts for solo activities.
On December 29, YG Entertainment officially announced that the BLACKPINK members would not be signing exclusive contracts with the agency for their solo activities outside of the group.
Several days before the announcement, Jennie personally confirmed that she had launched a new label called OA (ODD ATELIER) for her solo activities outside of BLACKPINK.
YG Entertainment’s full statement is as follows:
"Hello, this is YG Entertainment.
BLACKPINK recently renewed their contracts with YG for their group activities, and we have agreed not to proceed with additional contracts for [the members’] individual activities.
We will do our utmost to support BLACKPINK’s activities, and we will cheer on the members’ individual activities with warm hearts.
Thank you."
cr: Soompi