All four members of Blackpink to leave YG Entertainment.

According to industry insiders, discussions have been ongoing since the begining of 2022 over the changing the maangement label of blackpink. 

According to KpopHerald (the K-Pop subdivision of media outlet The Korea Herald), BLACKPINK will be leaving YG Entertainment and changing their management label to THE BLACK LABEL, which is an associate company under YG Entertainment.

THE BLACK LABEL which began as a subsidiary of YG Entertainment, with YG Entertainment controlling over 50 percent of the label. Has, since November 2020, been an associate company under YG Entertainment.This means that YG Entertainment now controls only between 20-50 percent of THE BLACK LABEL.

When asked about the move, a YG Entertainment official told KpopHerald that they cannot confirm the news, because the BLACKPINK members still have time left on their contracts.He stated, "I’m not in the position to confirm the news, but our contracts with the members have not yet ended. It’s hard to confirm whether they will sign with The Black Label or not after their contracts end".

Source: Kpop Herald