Attention is high on whether the female idol group BLACKPINK will renew its contract with its agency YG Entertainment. Some in Korea say that the renewal of the contract will be possible, but the prospect of failure is widely accepted.
Reasons for Expecting Difficulties in Renewal
BLACKPINK's renewal issue can be a hint considering what happened at YG during their debut. Soon after this group debuted in 2016, senior girl group 2NE1 ended their team activities. They didn't renew his contract.
YG plans to debut a new girl group 'Baby Monster' again this year. The entertainment industry predicts that the same thing could happen seven years ago.
In addition, it is pointed out that BLACKPINK's average age is 26.3 years, which is higher than other girl groups. Another disadvantage is that individual members may not be able to focus on team activities because their capabilities and activities are active. The ransom for each member has risen a lot, and large down payments in overseas markets may induce departure.
An opinion that it is possible to renew a contract
According to the media, a local brokerage recently released a stock analysis report on YG Entertainment. The report said, "BLACKPINK's renewal is expected to proceed smoothly."
Following the disbandment of the third-generation girl groups Momoland and Brave Girls this year, attention is being paid to what results Black Pink will produce.
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