YG Entertainment has responded to reports of girl group BLACKPINK‘s move to The Black Label.
According to KpopHerald, BLACKPINK will leave YG Entertainment and join their founding agency THE BLACK LABEL, An associate company of YG Entertainment.
[Exclusive] @BLACKPINK will change their agency to YG affiliate @THEBLACKLABEL, founded by Teddy, according to our sources. The industry insider added that the discussions over changing the girls' management have been made since early this year. #BLACKPINK #블랙핑크 pic.twitter.com/dVup3zPfTC— KpopHerald (@Kpop_Herald) December 30, 2022
On the afternoon of the 30th, YG Entertainment told OSEN, “The rumor that BLACKPINK is moving to The Black Label is not true.”
On this day, it is known that BLACKPINK will join The Black Label after the contract with YG Entertainment ends.
However, YG side denied the report.