YG Entertainment Responds To Rumors Of BLACKPINK Leaving The Company

It follows rumors surrounding the group’s departure!

On December 30, it was reported that BLACKPINK would be leaving YG Entertainment in favor of the company’s subsidiary label THE BLACK LABEL.

According to the outlet KpopHerald (the K-Pop subdivision of media outlet The Korea Herald), it was believed that BLACKPINK would be leaving YG Entertainment and changing their management label to THE BLACK LABEL, which is an associate company under YG Entertainment.

Following the initial rumors, a new statement has been released from YG Entertainment regarding BLACKPINK’s position within the company. In the statement regarding the reports of BLACKPINK moving to THE BLACK LABEL, YG Entertainment stated, “It’s not true.”

The statement regarding the rumors | SPOTVnews

Previously, Taeyang also left YG Entertainment to transfer to THE BLACK LABEL, and iKON had also chosen not to renew their contracts.

You can read the initial statement below.

BLACKPINK Will Reportedly Leave YG Entertainment In Favor Of THE BLACK LABEL

Source: SPOTV News

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