Blackpink members renew contract, boosting shares in label YG Entertainment


By AGENCY
Last month, Blackpink received honours from Britain's King Charles III for its work in raising awareness about climate change. Photo: Reuters

South Korea's YG Entertainment Inc said on Wednesday that all four members of South Korean K-pop girl group Blackpink have renewed their contracts with the label, sending shares of the company up by nearly a third.

For months, there has been speculation that some members of Blackpink would not renew their contracts with the label, putting pressure on its shares.

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