In its official statement, YG Entertainment stated, “After thorough discussions with BLACKPINK, we have successfully signed an exclusive contract to support the group’s activities, built upon a foundation of deep trust.”

Following the contract renewal, BLACKPINK is gearing up to express gratitude to their global fanbase by engaging in activities that match their international status. This includes the release of a new album, fully supported by YG Entertainment and the organization of a large-scale world tour.

Yang Hyun Suk, the general producer of YG Entertainment, expressed his delight at the continuation of their partnership with BLACKPINK, saying, “We are thrilled to extend our collaboration with BLACKPINK.” He went on to emphasize BLACKPINK’s commitment to shining even brighter in the global music industry, not only as representatives of YG Entertainment but also as prominent figures in the K-pop scene. Yang Hyun Suk concluded, “We offer our unwavering support and trust in their endeavors.”