Popular South Korean girl group BLACKPINK is reportedly waving goodbye to YG Entertainment for the sake of the company’s subsidiary label ‘THE BLACK LABEL’.
According to Korean media, BLACKPINK will be changing their managing company to THE BLACK LABEL after leaving their existing agency YG Entertainment.
It is a subsidiary company of YG Entertainment, which means that YG Entertainment controlled over 50 percent of THE BLACK LABEL. A YG Entertainment official has stated that they cannot confirm the news, but the BLACKPINK members still have time left on their contracts.
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Previously, Taeyang also left YG Entertainment to transfer to THE BLACK LABEL. BLACKPINK is the world’s famous South Korean female band of four members consisting of four members: Jisoo, Jennie, Rose, and Lisa. The group debuted in 2016 with their first album Square One under the music label YG Entertainment.
Blackpink has broken numerous online records throughout its career. Their music videos for “Kill This Love” (2019) and “How You Like That” (2020) each set a record for the most-viewed music video within the first 24 hours of release, with the latter breaking three and setting two Guinness World Records.
