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All BLACKPINK Members Renew Contracts with Label YG

K-Pop band Blackpink's members, Lalisa "Lisa" Manoban, Roseanne "Rose" Park, Kim Ji-soo and Jennie Kim, pose with their medals following a special investiture ceremony to present them with Honorary MBEs (Member of the Order of the British Empire), at Buckingham Palace in London on November 22, 2023. (AFP)
K-Pop band Blackpink's members, Lalisa "Lisa" Manoban, Roseanne "Rose" Park, Kim Ji-soo and Jennie Kim, pose with their medals following a special investiture ceremony to present them with Honorary MBEs (Member of the Order of the British Empire), at Buckingham Palace in London on November 22, 2023. (AFP)
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All BLACKPINK Members Renew Contracts with Label YG

K-Pop band Blackpink's members, Lalisa "Lisa" Manoban, Roseanne "Rose" Park, Kim Ji-soo and Jennie Kim, pose with their medals following a special investiture ceremony to present them with Honorary MBEs (Member of the Order of the British Empire), at Buckingham Palace in London on November 22, 2023. (AFP)
K-Pop band Blackpink's members, Lalisa "Lisa" Manoban, Roseanne "Rose" Park, Kim Ji-soo and Jennie Kim, pose with their medals following a special investiture ceremony to present them with Honorary MBEs (Member of the Order of the British Empire), at Buckingham Palace in London on November 22, 2023. (AFP)

All members of the megastar girl group BLACKPINK renewed their contracts with YG Entertainment on Wednesday, the company said, ending speculation around their future and driving up shares in the leading K-pop label by over 20 percent.

Rumors surrounding BLACKPINK -- one of K-pop's most successful girl groups -- and their potential future plans have abounded since the quartet's original contracts expired in August, with local reports even claiming in September that member Lisa rejected YG's renewal offer.

But YG announced on Wednesday that all members -- Jenny, Lisa, Jisoo and Rose -- had renewed their contracts with the company for "group activities".

"After careful discussion with BLACKPINK, we signed an exclusive contract for group activities based on deep trust," the label said in a statement sent to AFP.

"With YG's full support, BLACKPINK plans to repay the love of fans around the world with activities commensurate with their global status, including the release of a new album and a large-scale world tour," it added.

BLACKPINK, who first emerged out of South Korea's wildly popular K-pop scene in 2016, has also been recognized for the group's efforts on climate advocacy.

Last month, the members were given one of Britain's most prestigious honors by King Charles III, for their work for the COP26 climate summit in 2021.

Their official YouTube channel has a staggering 92.3 million subscribers, making them one of the most subscribed artists in the world on the platform.

BLACKPINK's other achievements include being the first-ever K-pop girl group to reach the top of the US Billboard 200 chart, and the first Asian artists to headline prestigious music events such as Coachella.

YG, on the other hand, was at the center of the notorious "Burning Sun" entertainment and sex scandal -- which revolved around a Gangnam nightclub of the same name -- that rattled South Korea in 2018.

The label was hard hit when Seungri -- a former member of popular boyband BIGBANG and co-director of Burning Sun -- retired from show business in 2019 amid mounting criminal investigations.

He was later sentenced to 18 months in prison for offering women to potential investors for sexual services, among other charges.

YG Entertainment's shares were up 24.58 percent to 59,800 won in afternoon trading in Seoul.

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Entertainment

Where's Marty McFly's Guitar? Search Is on for ‘Back to the Future’ Prop 4 Decades Later 

Michael J. Fox arrives at “A Country Thing Happened on the Way to Cure Parkinson's” in Nashville, Tenn., on April 26, 2023. (AP) 
Michael J. Fox arrives at “A Country Thing Happened on the Way to Cure Parkinson's” in Nashville, Tenn., on April 26, 2023. (AP) 
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Where's Marty McFly's Guitar? Search Is on for ‘Back to the Future’ Prop 4 Decades Later 

Michael J. Fox arrives at “A Country Thing Happened on the Way to Cure Parkinson's” in Nashville, Tenn., on April 26, 2023. (AP) 
Michael J. Fox arrives at “A Country Thing Happened on the Way to Cure Parkinson's” in Nashville, Tenn., on April 26, 2023. (AP) 

Marty McFly grabbed a guitar in “Back to the Future” and rocked out with the band at a 1950s high school dance, helping him narrowly avoid blinking out of existence before time-traveling back to the 1980s.

The guitar, in real life, wasn't as lucky.

Filmmakers went looking for the instrument while making the movie's 1989 sequel, but even now it's nowhere to be found. Four decades after the blockbuster film debuted, the guitar's creator has launched a search for the iconic Cherry Red Gibson ES-345.

Gibson, which is based in Nashville, is asking the public for help tracking it down as the movie turns 40 and as the company produces a new documentary about the search and the film, “Lost to the Future.”

In a video by Gibson, with the movie's theme song playing in the background, “Back to the Future” stars such as Michael J. Fox, Christopher Lloyd, Lea Thompson and Harry Waters Jr. make a cinematic plea. There's also a surprise appearance by Huey Lewis, whose band Huey Lewis and the News performed the soundtrack's headliner song, “The Power of Love.”

Lloyd, in the cadence of Doc Brown, says in the video that the guitar has been “lost to the future.”

“It's somewhere lost in the space-time continuum,” says Fox, who played McFly. “Or it's in some Teamster's garage.”

In the film, McFly steps in for an injured band member at the 1955 school dance with the theme “Enchantment under the Sea,” playing the guitar as students slow dance to “Earth Angel.” He then leads Marvin Barry and the Starlighters in a rendition of “Johnny B. Goode,” calling it an oldie where he comes from even though the 1958 song doesn't exist yet for his audience.

Fox said he wanted McFly to riff through his favorite guitarists' signature styles — Jimi Hendrix behind the head, Pete Townshend's windmill and the Eddie Van Halen hammer. After digging and dancing to “Johnny B. Goode,” the students at the dance fall into an awkward silence as McFly's riffs turn increasingly wild.

“I guess you guys aren't ready for that yet,” McFly says. “But your kids are gonna love it.”