South Korean entertainment powerhouse YG Entertainment has addressed the ongoing speculation surrounding BLACKPINK Lisa and her contract status
Rumors vs. Reality: YG Entertainment Addresses BLACKPINK Lisa's Contract Renewal
According to YG Entertainment, discussions regarding BLACKPINK Lisa's contract renewal are still underway. They emphasized that the circulating rumors lack official confirmation, shedding light on the uncertainty surrounding the situation.
This statement follows prior reports suggesting that Lisa had turned down a contract offer from YG Entertainment valued at a staggering $40 million USD.
In a statement provided to the media outlet TV Report, the agency clarified its stance on the matter.
"We are still discussing contract renewals with Lisa.
The company also quashed the circulating reports are they are baseless.
Additionally, as early as July, there were indications of substantial differences in negotiations between Lisa and the entertainment company.
For now, all that remains is an air of anticipation as fans and industry observers keep a watchful eye on any updates that may shed light on the future trajectory of Lisa and BLACKPINK.
Until then, the world holds its breath, eagerly awaiting further news from YG Entertainment.
Meanwhile, BLACKPINK Lisa, one of the world's most renowned K-pop idols, has reportedly turned down a substantial contract offer from YG Entertainment, her current agency.
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Cassidy Jones wrote this.