YG Entertainment is expected to announce whether BLACKPINK will renew their contract with the company or not in the next 3 weeks.

At the present time, it is still difficult to predict the outcome of BLACKPINK ‘s contract status with YG Entertainment as the company has not disclosed any further information. However, with previous rumors, the majority of audiences believed that the contract extension negotiations had failed.

According to sources from Kbizoom, YG is likely to reveal the members’ contract status in mid-November. The reason is because this company always discloses the status of exclusive contracts related to the artists in the group. Quarterly reports, semi-annual reports and business reports. Thus, the contracts of the four girls will likely be announced in the company’s third quarter report.

Judging by the 7-year exclusive contract term, BLACKPINK’s contract with YG ended in August. If the contract is renewed, the group will be included in the list of exclusive artists in the third quarter report. If the names of the member did not appear, this means BLACKPINK has decided not to re-sign with YG.

From August until now, after a series of rumors about the members not renewing their contracts, YG has only made vague and unconfirmed statements to help fans feel secure about the future of the big girl group. most K-Pop. That’s why many viewers believe that BLACKPINK has really left YG. Currently, the rumor that is considered most likely to be accurate is that Jisoo, Jennie and Lisa left the company, Rosé is the only member to continue to re-sign the contract.