YG speaks up about contract renewal with Lisa (BlackPink)
In recent days, the news that Lisa (BlackPink) is said to have refused to renew her contract of 50 billion won (more than 900 billion VND) with YG Entertainment has caused a stir in public opinion.
Lisa is said to have received an offer worth more than 900 billion VND from her management company YG Entertainment.
In the latest development, on September 15, YG Entertainment representative officially confirmed.
"We are still discussing the contract renewal with Lisa," Star News quoted a brief statement from YG.
In this context, YG Entertainment's stock plummeted in the latest trading session.
Specifically, YG Entertainment shares fell nearly 9% in the session on September 15. This is the deepest one-day drop of YG shares since September 28, 2022.
On the morning of September 15, Lisa (BlackPink) returned to Korea after a vacation in her hometown of Thailand.
Also on September 15, Lisa returned to Korea from her home country of Thailand to prepare for the last two shows of the Born Pink tour, held in Seoul, on September 16 and 17.
According to the recorded images, the Thai beauty wore simple, comfortable clothes with a T-shirt, long pants and a bucket hat. Lisa also went bare-faced, without makeup but still looked fresh, constantly waving to fans and reporters.
However, as Lisa was leaving the airport to get to her private car, she was constantly jostled by fans who wanted to get close to their idol. Some fans broke through the security guards and approached the BlackPink member to give her gifts.
Rumor has it that Lisa was offered a contract worth over 900 billion VND.
Lisa and the other three members of BlackPink all had contracts with YG that expired in August, but so far, it has not been announced whether they will disband or continue as a group.
BlackPink group.
Last August, a representative of YG Entertainment revealed to the media that the contract renewal of the four girls in BlackPink will be announced when the group's Born Pink world tour ends.
Previously, on September 14, Star News reported that Lisa had twice rejected YG's conditions to keep her in the group. Munhwa Ilbo reported that Lisa and YG had not yet reached an agreement to continue working together.
Some sources said the beauty was sought after by many companies, including entertainment companies in Thailand and China.
Newspaper 163 reported that entertainment companies in China are willing to offer 100 billion won (1,800 billion VND) to sign a contract with member Lisa.
According to Naver, the Thai-born female singer is the only member of the group BlackPink who has not reached an agreement to renew her contract with YG Entertainment.
Star News estimates that YG must pay at least 20 billion won (365 billion VND) to each member to continue renewing their contracts.
News about Lisa's contract renewal with the group BlackPink attracted much public attention.
Lisa was born in 1997. She has been with YG Entertainment since 2010 when she was only 13 years old. The Thai star beat out more than 4,000 other candidates to win the only opportunity to train at Korea's leading entertainment group.
Since 2016, Lisa has been a rapper and dancer for the Korean girl group Blackpink. In addition to her success with the group, Lisa released her own album "Lalisa" in 2021 and holds many impressive records.
Both her album "Lalisa" and single "Money" entered the top 10 of the Billboard Global 200 music chart (US).
BlackPink's youngest member is also the first female artist in the Korean entertainment industry to have an album reach more than 1 billion listens on the music listening app Spotify.
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