YG's "BLACKPINK Group Activity Extension, No Additional Contract for Individual Activities"

YG Entertainment has revealed that there are no additional contracts for individual activities other than the team contract with the members of BLACKPINK.  

On the 29th, YG Entertainment said through an official statement, "We recently signed an extension contract for BLACKPINK's group activities, and we have agreed not to proceed with any additional contracts for individual activities." "We will continue to support BLACKPINK's activities to the best of our ability, and we will warmly support the members' individual activities."  

Previously, YG Entertainment signed an exclusive contract with BLACKPINK for group activities on June 6.  However, there was no additional contract for individual activities. On the 24th, Jenny established her own independent label, Eau de Atelier (OA), and will continue her solo career.  

Below is the full statement from YG Entertainment.  Hello, this is YG Entertainment. YG recently signed an extension contract for BLACKPINK's group activities, and we have agreed not to proceed with a separate additional contract for their individual activities.

We will continue to support BLACKPINK's activities with all our might, and we will warmly support the members' individual activities. Thank you.