Jennie and Jisoo, two prominent members of the renowned girl group BLACKPINK, reportedly put up their own talent agencies, as reported by media outlet News1 on the 25th. However, discussions with the group’s agency, YG Entertainment, regarding BLACKPINK‘s activities continue. It seems that the agencies founded by these two members will focus primarily on their solo endeavors.

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The BLACKPINK members’ plans

According to an executive from Sports Seoul, multiple music insiders have revealed that another BLACKPINK member, Rosé, has renewed her contract with YG. The remaining three—Jennie, Jisoo, and Lisa—are in the final stages of discussing a “separate yet together” strategy. This would allow them to work with agencies other than YG but continue to participate in group activities for half the year. This strategy mirrors the agreement Super Junior members Donghae, Eunhyuk, and Kyuhyun have with SM Entertainment.

A previous report suggested that Lisa, the Thai member enjoying immense international popularity, is moving to a foreign agency. She was said to have received an offer worth billions of KRW. Others say she and Jisoo, who is reportedly interested in an acting career, signed with domestic (Korean) agencies. Insiders have mentioned that foreign investors have already poured significant funds, recognizing Jisoo‘s potential as an actress and Lisa‘s influence in the Southeast Asian market.

However, YG Entertainment was quick to respond to the Sports Seoul report. The agency issued a statement saying nothing is confirmed regarding BLACKPINK’s contracts or their future as a group, Interestingly, there was only a 13-minute gap between the News1 exclusive and YG’s response.

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An evolving story

BLACKPINK debuted in 2016 and spent the next seven years churning out hits. The girls captivated fans worldwide with “Boombayah,” “Ddu-Du Ddu-Du,” “How You Like That,” “Pink Venom,” and more. Given the group’s impact and popularity, all eyes are on the outcome of these negotiations.

In the year leading up to the contract renewal, BLACKPINK embarked on the BORN PINK tour. Spanning approximately a year, the tour covered 34 cities with 66 performances and attracted a staggering 1.8 million fans. This makes it the largest-scale tour for a K-pop girl group. They also headlined major festivals like the Coachella Festival in the US and Hyde Park in the UK.

Stay tuned for more updates on this evolving story. – K-Pop News Writer

Featured Image: What do you think of this news, BLINKs? Source: X/@globalmyeon.