230915 YG Entertainment denies that Lisa failed to renew her contract, citing that “Lisa’s contract renewal is still under discussion” [Official]

**YG and Lisa denied the rumor that they couldn’t renew their contracts. “Still discussing” [Official]**

Amid rumors that the renewal of the contract with BLACKPINK member Lisa has failed, YG Entertainment (hereinafter referred to as “YG”) has announced its position.

BLACKPINK celebrated its 7th anniversary this year since its debut in August 2016. The “Seven Years of Magic” is passing by, but there has been no official announcement about the renewal of members Ji-soo, Rose, Jennie, and Lisa.

However, as rumors of a romantic relationship between BLACKPINK Lisa and Louis Vuitton family tycoon Frederic Arnaud have recently emerged, Lisa’s renewal is drawing particular attention.

In July, a Chinese agency claimed that Lisa replied that it was difficult to digest the schedule due to uncertainty about her renewal with YG, and questions about Lisa’s future grew. However, YG said, “The failure of Lisa’s schedule in August is due to the tour and personal schedule, and it has nothing to do with the contract,” adding, “The re-contract is currently under discussion.”

Unfortunately, even in YG’s official position, rumors of Lisa’s failure to renew her contract did not die down. Rumors continued to be produced that Lisa had been offered tens of billions of won in down payments to other agencies and that she had turned down YG Entertainment’s offer.

However, **YG Entertainment said on the 15th, “We are discussing renewing the contract with Lisa. The rumors have not been officially confirmed,”** he reiterated.

Meanwhile, it is still unknown whether the rest of the members except Lisa will renew their contracts.

The group BLACKPINK has once again achieved success as a global music artist this year. BLACKPINK topped the Billboard 200 chart for the first time in a K-pop girl group with its second full-length album “THE ALBUM” this year and topped the UK’s official album chart.

In addition, BLACKPINK held the “BLACKPINK World Tour (Bone Pink),” the largest world tour of K-pop girl groups with about 1.5 million people. On the 16th and 17th, it will end with a two-day finale performance at Gocheok Sky Dome in Seoul.