Seoul/Hong Kong CNN —All four members of K-pop supergroup Blackpink have renewed their contracts with label YG Entertainment, according to the label’s regulatory filing published Wednesday. “The board has completed a resolution about renewing the contracts with Blackpink’s four members,” YG Entertainment said in the filing. Since their debut in 2016, Blackpink have become one of the most successful girl groups in the world. In 2019, they became the first female K-Pop group to ever play at Coachella or any other US festival. YG Entertainment’s shares, which had been on the slide since mid September, soared 22% following the announcement.

---

Persons: – Jennie, Jisoo, Lisa, Rosé, ”, Blackpink, YG Entertainment’s Organizations: Hong Kong CNN, YG Entertainment, ” YG Entertainment, YouTube, Coachella, YG Locations: Seoul, Hong Kong