
On March 22, KST, YG Entertainment (YG) took a proactive step to address the swirling speculations surrounding the reported hefty contract renewal fees allegedly offered to the members of BLACKPINK. The statement aimed to clarify misconceptions regarding the astronomical figures that had surfaced recently. Speculation arose from the disclosure of financial information through the Financial Supervisory Service’s electronic disclosure system business report. The report revealed that YG had accumulated a substantial sum…