The K-pop world is buzzing with the news that Lisa, a prominent member of the globally acclaimed group BLACKPINK, is contemplating a significant career move. A recent report from a foreign media outlet suggests that Lisa might lean towards signing with an American agency rather than renewing her contract with YG Entertainment.
According to an exclusive report from TV Report via Taiwan’s SETN, the unnamed American record label has made an enticing offer. The proposed contract guarantees over 50 billion KRW (37.7 million USD). This isn’t just about the money, though. The deal also promises many business and promotional opportunities spanning fashion, music, performances, and video content. Moreover, it includes the release of six albums.
A standout aspect of this offer is the freedom it promises Lisa. Should she sign with the unnamed American label, she would own the copyrights for her new songs. This would allow her to make music without external influences, ensuring she remains true to her artistic integrity and vision. Furthermore, this autonomy would enable her to reap the full financial benefits from her work, covering sales, streaming, and licensing revenues without significant deductions by intermediaries. Additionally, she would have the discretion to determine how her music is used across various media platforms, from movies to commercials.
Hell yeah! https://t.co/lMlGjQRwJL
— Red⁰³²⁷ (@redqueenlm) September 20, 2023
Why the offer might appeal to Lisa
Another intriguing part of the offer is the opportunity for Lisa to establish her own studio. This provides a platform for her creative pursuits and positions her as a potential industry leader. With the ability to sign artists, she can discover, guide, and nurture emerging talents, solidifying her influence in the music scene.
Given the comprehensive nature of this offer, it’s obvious why Lisa might find it appealing. It recognizes her not just as a performer but as a multifaceted artist and entrepreneur with the potential to change the direction of the industry. This decision could profoundly impact Lisa‘s legacy, benefiting her heirs or chosen beneficiaries in the long run.
For an artist of Lisa‘s stature, this move could change her career trajectory. However, the specifics of her contract might vary based on her agreement with the new label. As of now, YG Entertainment has not commented on these reports, but they have previously stated that they’re still in discussions with Lisa about renewing her exclusive contract. – K-Pop News Writer
Featured Image: Lisa may leave YGE for greener pastures. Source: Instagram/@lalalalisa_m.