The contracts of a number of YG Entertainment artists have been declared over. So, some of them decided not to continue the contract like BIGBANG's Taeyang and Daesung until all iKON members. But in the midst of news of the departure of a number of their idols, YG Entertainment surprisingly announced that it was ready to debut a new girl group.
On December 30, 2022, YG Entertainment released a poster with a red background that reads YG Next Movement. There are also silhouettes of seven women on the poster. There is no other information except a date, which is January 1, 2023. Until now it is still unknown what this date means, but it is certain that the silhouettes of the seven people are the number of members debuted by YG Entertainment.
The management is also still keeping the name of the girl group a secret. It is known that this new girl group is the first girl group to be debuted by YG Entertainment after 7 years. The last time they debuted a girl group was BLACKPINK in 2016. However, there are reports that BLACKPINK also plans to change management after their contract with YG Entertainment is completed.
Jisoo, Jennie, Lisa and Rose are said to be moving to The Black Label which is a subsidiary of YG. Regarding this news, YG Entertainment opened its voice. They emphasized that until now the contract with BLACKPINK is still running, so they cannot provide any comments. "I'm not in a position to confirm this news, but YG Entertainment's contract with BLACKPINK members still remains," said a source from YG Entertainment.
"It is difficult to confirm whether they will sign a contract with The Black Label after the contract with YG Entertainment is completed or not," he concluded. So far, there are only 4 idols under YG Entertainment. Apart from BLACKPINK , there is TREASURE, WINNER, and also BIGBANG's G-Dragon who is said to be still in discussion about a contract.
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