Kpop girl group Blackpink has finally signed renewed contracts with YG Entertainment. When members of the girl group were due to renew their contracts, shares of their label YG Entertainment went on a wild ride.You can audition for YG and become a K-pop idol if your talented but you can't become a Blackpink member. YG Entertainment has renewed its exclusive contract with all four members of BLACKPINK, the company announced Wednesday (Dec. 6). Blackpink's members have declined to sign solo contracts with YG Entertainment. As of November, it looks like the group will stay together under YG Entertainment pertaining to their actvities as Blackpink. Munhwa Ilbo reported then that "exclusive contracts between each member and YG Entertainment were not signed. 29), YG issued a statement announcing the decision. After previously renewing their group contract with YG, members Jennie, Jisoo, Lisa, and Rosé have chosen not to sign new individual contracts with the company. "The board has completed a resolution about renewing the contracts with Blackpink's four members," YG Entertainment said in the filing.