YG Entertainment has responded to rumors of BLACKPINK moving to THEBLACKLABEL.

Recently, it was announced that BLACKPINK will be transferring from YG Entertainment to THEBLACKLABEL, a branch of YG founded by Teddy.

However, YG Entertainment stated on December 30 that the reports were false.

BLACKPINK debuted under YG Entertainment in 2016. The girl group recently completed the European leg of their ‘BORN PINK‘ world tour and will kick off the Asian leg in Bangkok on January 7th.

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