After reports of Blackpink's agreement to continue as a group, YG Entertainment's stock price rises by 3%.

• The stock price of YG Entertainment, the management label of Blackpink, increased by 3% following news that the girl group has decided to continue working with the company.
• After reports emerged that YG members were not renewing their contracts, the stock price of the company plummeted.

On Monday, YG Entertainment's shares rose by more than 3% after news broke that Blackpink would continue performing under the label.

The exclusive contracts of individual members with YG have not been renewed, but the group has agreed to continue as Blackpink under the label.

According to a Google translation, Munhwa Ilbo reported that exclusive contracts between each member and YG Entertainment were not signed. In the future, they plan to carry out individual activities and come together only for Blackpink activities.

The report stated that two members had signed a contract to continue Blackpink's activities, without specifying the members involved.

The latest development in a long-standing contract dispute involving the four-member group consisting of Jisoo, Jennie, Rosé, and Lisa has been announced.

In September, YG's stock prices dropped by 9% and 13% on two separate occasions due to media reports stating that three members of the popular girl group would not renew their contracts with the label.

Last week, YG announced in its quarterly report that negotiations for Blackpink's contract are ongoing and the company will reveal the outcome "later."

YG's Blackpink is one of his most successful acts, with their recent world tour attracting 2.11 million people worldwide, across 66 performances in 34 cities.