YG has made an official statement about the individual contracts of BLACKPINK members.

After nearly a month of announcing the re-signing of the group contract with BLACKPINK , on ​​the morning of December 29, YG officially announced the group’s individual contract. Specifically, YG Entertainment announced to the media that BLACKPINK will only sign group contracts and will not have individual contracts.

Specifically, YG said: “We recently signed a contract to extend BLACKPINK’s group activities and agreed not to conduct separate additional contracts for individual activities.”

YG representative added: “We will try our best to support BLACKPINK’s activities and we will support the members’ individual activities with the most sincerity.”

All BLACKPINK members will only sign group contracts and will not renew individual contracts with YG

Previously, BLACKPINK signed an exclusive contract for group activities on December 6. Not long after, Jennie announced on December 24 that she would establish her own management company, Odd Atelier (OA) and pursue individual activities together.

Original YG Entertainment official statement:

Hello, this is YG Entertainment.

YG recently signed a contract to extend BLACKPINK’s group activities and agreed not to sign a separate additional contract for individual activities.

We will do our best to support BLACKPINK’s activities and we will warmly support each member’s individual activities.

Thank you.