An exclusive report by media outlet Munhwa Ilbo on November 20 revealed that BLACKPINK has agreed to continue their activities as a group, however, the individual exclusive contracts between the individual members and YG Entertainment remains unresolved. While maintaining their group activities, the members plan to pursue individual projects, coming together solely for BLACKPINK endeavors.

The report states that two members have already finalized their contracts with YG. However, the situation regarding individual contracts is still unclear, with Lisa most likely following an independent path. Here is the article by Munhwa Ilbo: The members of the globally acclaimed K-pop group BLACKPINK have recently agreed with YG Entertainment (YG) to continue their group activities.

Among the members, two have already finalized contracts with YG, affirming their commitment to continue with BLACKPINK's endeavors. YG has confirmed plans to formalize agreements with the remaining members once their contracts are signed. In its quarterly report released on the 14th, YG stated, “Negotiations for the renewal of the exclusive contract with the artist (BLACKPINK) are currently underway.

The final results will be disclosed later through a major announcement regarding investment-related management matters.” However, the status of exclusive contracts between all four members and YG remains uncertain. To date, no member has renewed their contract with YG. Lisa has previously decided to pursue an independent path, as reported by Munhwa Ilbo on July 12 in an article titled 'BLACKPINK Lisa's YG contract renewal uncertain', and other members are also exploring terms with various companies.

Nonetheless, some members are still considering individual activity contracts with YG. An industry official mentioned, “There are offers on the table with contract sums in the tens of billions of won (tens of millions US dollars) to recruit them. However, there are members who believe it is more efficient to continue collaborating with YG, which has supported BLACKPINK's activities so far, and are still in discussions with YG.” Meanwhile, BLACKPINK concluded their world tour 'Born Pink' last September.

The tour attracted 1.8 million attendees and generated close to 300 billion won (235 million USD) in revenue. Therefore, even if individual exclusive contracts are not finalized, YG and each member are expected to achieve astronomical sales through BLACKPINK's group activities alone.

Source(1)

Hwanhee's agency, BT Entertainment, is firing back after serious fairness allegations were raised regarding the popular show ‘King of Singers Season 2’. They’ve denied all accusations and promised strong legal action for defamation.

On February 5th, the agency issued a statement through their official fan cafe, saying, “We want to correct the false claims.”

They explained that Hwanhee was initially approached to join the show in August 2024 by the production team. However, after checking with the event planning company, Dion Communication, they confirmed Hwanhee had no connection to the show or any related performances.

Despite this, the agency pointed out that certain media outlets published unverified articles, wrongly suggesting that Hwanhee’s involvement could compromise the fairness of the program.

BT Entertainment was quick to defend their artist, stressing the damage done to both Hwanhee's reputation and the agency itself due to these false claims. They added, "This has caused great harm to Hwanhee, who joined the program after careful consideration."

The statement didn’t stop there. BT Entertainment made it clear that they won’t stand for any further defamation. They said, “We are taking legal action against these baseless reports” and emphasized their commitment to protecting Hwanhee from any further harm.

They also reassured their fans, stating, “We will take swift action against any future misinformation to avoid any further harm to Hwanhee and his supporters.”

This controversy started after a media outlet raised concerns on January 23rd about Hwanhee’s participation in the show. The report claimed that BT Entertainment’s CEO, who is also a director at Dion Communication, had invested 1.1 billion KRW in the ‘King of Singers Season 2’ concert, leading to suspicions of favoritism towards certain contestants.

In the meantime, ‘King of Singers Season 2’ continues its intense competition, with Hwanhee making it to the semifinals. Fans are watching closely as he currently holds 1st place in the first round of the semifinals, cementing his position as a strong contender to represent Korea in the Korea-Japan King of Kings battle.

Source: [1]