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.



Pearl Jam Drummer Matt Cameron Says He’s Leaving the Band After Nearly 30 Years

Matt Cameron of Pearl Jam performs during BottleRock Napa Valley on Saturday, May 25, 2024, in Napa, Calif. (AP)
Matt Cameron of Pearl Jam performs during BottleRock Napa Valley on Saturday, May 25, 2024, in Napa, Calif. (AP)
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Pearl Jam Drummer Matt Cameron Says He’s Leaving the Band After Nearly 30 Years

Matt Cameron of Pearl Jam performs during BottleRock Napa Valley on Saturday, May 25, 2024, in Napa, Calif. (AP)
Matt Cameron of Pearl Jam performs during BottleRock Napa Valley on Saturday, May 25, 2024, in Napa, Calif. (AP)

Pearl Jam drummer Matt Cameron said Monday that he’s leaving the band after nearly 30 years.

The 62-year-old Cameron announced his departure in a social media post.

“After 27 fantastic years, I have taken my final steps down the drum riser for the mighty Pearl Jam,” Cameron said. “Much love and respect to Jeff, Ed, Mike and Stone for inviting me into the band in 1998 and for giving me the opportunity of a lifetime, filled with friendships, artistry, challenges and laughter.”

Cameron didn't give a reason for his departure.

“Matt Cameron has been a singular and true powerhouse of a musician and drummer. He has propelled the last 27 years of Pearl Jam live shows and studio recordings. It was a deeply important chapter for our group and we wish him well always,” Pearl Jam members said in a statement posted to the band's social media accounts.

They made no mention of a replacement.

Cameron, who played drums for Soundgarden for more than a decade before joining Pearl Jam, was not a founding member of the band and didn't play drums for the early albums that made them rock superstars.

But he provided some much-needed stability at the drum kit after the band had gone through four others since its inception. He first joined in 1998 as a temporary replacement for Jack Irons, playing on a long tour before making his studio debut with the group on 2000's “Binaural.”

He just finished a yearlong tour with the band in support of its 12th studio album, “Dark Matter.”

Cameron was born and raised in San Diego before moving to Seattle shortly before its music scene became a global phenomenon. He played in proto-grunge band Skin Yard before joining Soundgarden. He did double duty with Pearl Jam and a reunited Soundgarden from 2010 to 2017.