BLACKPINK is reportedly leaving YG Entertainment to help label THE BLACK LABEL, which is a branch of YG Entertainment. KpopHerald says that when BLACKPINK leaves their current management company, YG Entertainment, they will switch to THE BLACK LABEL.
Since it is a branch of YG Entertainment, YG Entertainment controlled more than half of THE BLACK LABEL. An official from YG Entertainment told KpopHerald that they can’t confirm the news, but the BLACKPINK members still have time on their contracts.
“I’m not in the position to confirm the news, but our contracts with the members have not yet ended. It’s hard to confirm whether they will sign with The Black Label or not after their contracts end.” Taeyang had also left YG Entertainment to join THE BLACK LABEL in the past.
🚨 YG Entertainment confirms BLACKPINK’s Jisoo is working on her solo debut album, coming out this year. pic.twitter.com/oivcxU1Zmk
— Pop Base (@PopBase) January 2, 2023
YG Entertainment Talks About the Rumors That BLACKPINK is Leaving
YG Entertainment has said something official about the girl band BLACKPINK’s decision to break up. The management film confirmed on January 1 to The Korea Herald that “BLACKPINK will not leave the label YG Entertainment.”
The official from the music agency also denied that BLACKPINK will join The Black Label, which is part of YG and is led by producer Teddy.
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Recently, a news source said that the K-pop girl group BLACKPINK will leave their current management company, YG Entertainment, and go with THE BLACK LABEL instead.
At that time, YG Entertainment official said that “I’m not in the position to confirm the news, but our contracts with the members have not yet ended. It’s hard to confirm whether they will sign with The Black Label or not after the end of their contract.”
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