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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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Statham’s 'A Working Man’ Upsets ‘Snow White’ to Take No. 1 at Box Office

This image released by Amazon MGM Studios shows Jason Statham in a scene from "A Working Man." (Dan Smith/Amazon MGM Studios via AP)
This image released by Amazon MGM Studios shows Jason Statham in a scene from "A Working Man." (Dan Smith/Amazon MGM Studios via AP)
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Statham’s 'A Working Man’ Upsets ‘Snow White’ to Take No. 1 at Box Office

This image released by Amazon MGM Studios shows Jason Statham in a scene from "A Working Man." (Dan Smith/Amazon MGM Studios via AP)
This image released by Amazon MGM Studios shows Jason Statham in a scene from "A Working Man." (Dan Smith/Amazon MGM Studios via AP)

In an unexpected upset, the Jason Statham thriller “A Working Man” took No. 1 at the box office, besting the rapidly declining “Snow White,” according to studio estimates Sunday.

Even after a lackluster debut, the Walt Disney Co.’s live-action remake was predicted to remain the top film in US and Canadian theaters over the weekend. Instead, “Snow White,” plagued by bad buzz and backlash, nosedived in its second weekend and dropped 66%, The Associated Press reported.

At the same time, Amazon MGM Studios’ “A Working Man,” directed by David Ayer, beat expectations with a $15.2 million debut. Co-written by Sylvester Stallone, “A Working Man” reteams Statham and Ayer following last year’s successful “The Beekeeper” ($162 million worldwide). This time around, Statham plays a construction worker with an elite military past.

While reviews have been mixed and audiences only gave “A Working Man” a “B” CinemaScore, showing Statham has carved out something rare in the movie industry today: bankability. “A Working Man” opened similarly to “The Beekeeper,” which launched with $16.5 million.

The bigger headline, though, might have been the fast erosion of ticket buyers' appetite for “Snow White.” The film, directed by Marc Webb and starring Rachel Zegler, had been hoped to lift movie theaters after a painful start to 2025. Produced for more $250 million, the film has turned into a poisoned apple, with a two-week global haul of $143.1 million.

Next weekend, Warner Bros.’ “A Minecraft Movie,” is expected to win the weekend and will, like “Snow White,” target family audiences.

A trio of newcomers – A24’s “Death of a Unicorn,” Universal and Blumhouse’s “The Woman in the Yard,” and the Fathom’s “Chosen: The Last Supper” – also opened over the weekend, though none made a big impact.
“The Chosen: The Last Supper,” fared the best, with $11.5 million in 2,235 theaters. The Christian TV series, now in its fifth season, has regularly driven ticket sales before streaming. More episodes will roll out in theaters through April.
“Death of a Unicorn,” a horror comedy starring Jenna Ortega and Paul Rudd, portrays a father and daughter who hit a unicorn on the road while they're driving. The movie collected a modest $5.8 million from 3,050 theaters.
The weekend’s more straightforward horror contender, Blumhouse’s “The Woman in the Yard,” starring Danielle Deadwyler, debuted with $9.4 million from 2,842 cinemas. In “Black Adam” director Jaume Collet-Serra’s film, a mysterious woman keeps appearing in a family’s front yard. Though it cost little to make, with a production budget of $12 million, it has been slammed by critics.
One of the weekend’s biggest successes was the 1997 Studio Ghibli classic “Princess Mononoke." The Hayo Miyazaki film grossed $4 million across just 347 IMAX screens. Distributor GKids touted that result as a victory for humanity over technology. Earlier in the week, a new version of ChatGPT allowed users to render images in Studio Ghibli-like animation.
Sony Pictures Classic’s “The Penguin Lesson,” starring Steve Coogan and Jonathan Pryce, opened with $1.2 million at 1,017 theaters. Coogan plays an Englishman teaching in Argentina in 1976 who rescues a penguin from an oil spill.
With flagging ticket sales overall, Hollywood marked the first quarter of 2025 with a sizeable box-office deficit. Sales are down 11% from the same point in 2024, and nearly 40% from 2019, according to Comscore.
“Hopefully ‘Minecraft’ can help the marketplace level up since after some underwhelming weekends at the box office we need to get some momentum back at the multiplex,” said Paul Dergarabedian, senior media analyst for Comscore.