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Blackpink Were Allegedly Paid 7.5M USD Each for Contract Renewal With YG

10 billion won or 7.5 million USD per individual!

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Blackpink Were Allegedly Paid 7.5M USD Each for Contract Renewal With YG

Blackpink were allegedly paid millions of dollars each by their company to renew their contract.

Blackpink is a South Korean girl group founded by YG Entertainment and comprised of Jisoo, Jennie, Rosé, and Lisa. They are regarded as the most successful Korean female group abroad and a driving force in the Korean Wave, having been dubbed the biggest girl group in the world.

They debuted in August 2016 with their song ‘BOOMBAYAH’ and had a seven-year contract with YG Entertainment. With Blackpink’s contracts with YG Entertainment set to expire in August 2023, the label issued a statement to South Korean media in July 2023 confirming that contract renewals were currently being discussed.

This was followed by another statement in November 2023 confirming that they were still negotiating with the artists regarding their exclusive contracts. On December 5, 2023, YG Entertainment stated that all four Blackpink members had extended their contracts for group activities and promised a new album and globe tour in the future. 

However, they did not sign contracts for their solo activities. Instead, Jisoo signed with her brother’s label, Blissoo, whereas Jennie and Lisa, opened their labels Odd Atelier and LLOUD, respectively. 

Rosé has not revealed her solo endeavors yet, but it is believed that she has also left YG Entertainment in terms of solo activities. Many believe that, like her members, she will also open her own labels or entertainment agency.

Blackpink

Blackpink. (Source: Twitter)

However, at the time of writing, Rosé has not made any announcement as such.

Since the contract renewal, netizens have often wondered what the negotiation terms were and how much YG Entertainment paid to Blackpink members to renew their group contracts.

On March 21, 2024, YG Entertainment released its 2023 financial statement. Immediately, netizens focused on the hefty bill of 41 billion won in the “contract down payment” category. 

This is the amount that an entertainment agency must pay when signing an exclusive deal with an artist. YG Entertainment signed no new artists or renewed contracts with any of their current musicians in 2023, with the exception of Blackpink. 

In the case of BABYMONSTER, their debut project had already been planned, hence the expenditure in training and introducing the rookie female group did not fall under the category mentioned. 

As a result, netizens theorized that Blackpink’s contract down payment is 41 billion won, with each member receiving around 10 billion won, which is almost 7.5 million USD, for agreeing to extend the group contract. 

YG Entertainment released a statement claiming that the contract down payment was not just for Blackpink but many others.  “Last year, there were renewals and new contracts not only for Blackpink but also for many IPs,” they said “Although we cannot disclose all contract details, the amount cannot be viewed as Blackpink’s only down payment.”

Regardless of their statement, given the scale of the contract down payment of roughly 41.2 billion won (30.6 million USD), it is believed that even if other IP contracts were included, the deal with the Blackpink members, whose down payment is extremely large, would have cost close to 10 billion won or 7.5 million USD, per individual.

At the time of writing, YG Entertainment has not clarified the amount paid to each member of Blackpink for the contract renewal.

Just a young girl passionate about journalism, pop culture, and drama. She writes Hollywood stories for Glamour Buff and GB Issue at present.

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YouTube Star Ben Potter AKA Comicstorian Passed Away at the Age of 40

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YouTube Star Ben Potter AKA Comicstorian Passed Away at the Age of 40

Ben Potter, known as YouTube star Comicstorian, has sadly passed away. 

His wife, Nathalie, confirmed the news of his death at the age of 40 as she wrote on X (formerly known as Twitter). Her message read, “Two days ago, on June 8th, my husband, Ben Potter, passed away in an unfortunate accident.”

“To many of you, he was Comicstorian, voicing stories from across multiple different mediums. To his loved ones, he was one of the best and most supportive individuals anyone could ask for. As a husband, a son, a brother, a friend, or even just a stranger, Ben was loving and genuine. He was someone who would listen and make time for his loved ones. He would do his best to make everyone laugh and make sure they were okay. He was our rock and he’d reassure his loved ones whenever they needed it.”

She further added, “He was my world and I need time to be with friends and family. I have so many things I need to figure out but firstly, I need to grieve. I ask that you respect my privacy as well as everyone else’s. Right now my priority is preserving everything he’s built and I don’t have any plans beyond that.”

On YouTube, Potter mostly created audio dramas of comic books on his Comicstorian account, regularly discussing the Marvel and DC Universes. He shared his last upload, titled “Why DC’s Reboots Beat Marvel,” just a day before his death.

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Millie Bobby Brown and Jake Bongiovi Tie the Knot in Secret Ceremony

“It was a very small, family wedding,” Jake Bongiovi’s father Jon Bon Jovi shared.

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Millie Bobby Brown and Jake Bongiovi Tie the Knot in Secret Ceremony

In a delightful surprise to fans and friends alike, actress Millie Bobby Brown and her longtime boyfriend Jake Bongiovi have tied the knot in a secret ceremony last weekend. The newlyweds were spotted looking blissful while out shopping in the Hamptons on Friday, May 24, in a series of candid photographs taken by paparazzi. 

Brown, 20, and Bongiovi, 21, were dressed casually in T-shirts and jeans, both sporting matching black sunglasses. Adding a touch of classic romance, Bongiovi was seen driving his new bride around in a Ford convertible with the top down, epitomizing a carefree and joyous newlywed spirit.

According to The Sun, the couple’s nuptials were an intimate affair. The wedding was attended by Bongiovi’s parents, rock legend Jon Bon Jovi and Dorothea Bongiovi, as well as Brown’s parents. “It was a very low-key, romantic affair with their closest family with them as they said their vows,” an insider revealed. 

The couple, who have been together for several years, reportedly plan to host a larger ceremony later this year to celebrate with more friends and extended family.

Confirming the news to the BBC, Jon Bon Jovi expressed his joy over the union. “They are great, they are absolutely fantastic. It was a very small, family wedding and the bride looked gorgeous and Jake is happy as can be. It’s true,” Bon Jovi shared on Tuesday, addressing the swirling rumors about the wedding.

The young couple’s romance has been closely followed by fans, with their relationship making headlines since they were first spotted together in 2021. Brown, best known for her role as Eleven in the hit series Stranger Things, and Bongiovi, an aspiring actor and the son of the famous musician, have frequently shared glimpses of their relationship on social media, much to the delight of their followers.

As they embark on this new chapter together, Millie Bobby Brown and Jake Bongiovi’s secret wedding marks a heartwarming milestone in their love story, one that continues to captivate the hearts of fans around the world.

Brown has achieved significant acclaim for her role in Stranger Things, earning several award nominations and wins. She has also starred in films such as Enola Holmes and Godzilla: King of the Monsters. Meanwhile, Bongiovi, though still early in his career, is making his mark in the entertainment industry, following in the footsteps of his iconic father with aspirations in acting.

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‘Ms. Marvel’ Star Matt Lintz Gets Engaged to His Girlfriend Gracie Sapp

“I can’t wait to be your wife,” Gracie wrote.

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‘Ms. Marvel’ Star Matt Lintz Gets Engaged to His Girlfriend Gracie Sapp

Congratulations to Matt Lintz, aka Matthew Lintz, on his engagement to his longtime girlfriend, Gracie Sapp.

On Sunday, May 5, 2024, the Ms. Marvel star took to his Instagram handle to make a joint post with his now-fiancee, announcing that they had gotten engaged in an intimate ceremony with their close family members in attendance.

The newly engaged couple had shared a series of pictures, in which the first photo focused on Sapp’s beautiful diamond engagement ring. Other images from their Instagram post showed moments before and after Lintz’s engagement proposal.

Sapp added a short yet heartfelt caption, saying, “Unforgettable. This night. This man. Matthew Collins Lintz, I can’t wait to be your wife.” Additionally, the location tag revealed that their engagement took place at Botanic LLC, Opelika, Alabama.

Hours later, on the same day, Lintz took to his Instagram handle to share more memorable moments from his special day. Some pictures showed Lintz and Sapp standing alongside their family members, and some showed them walking alongside each other.

“Forever with you,” he wrote alongside a red heart emoji. Similarly, Sapp posted some images of her engagement featuring her and her future husband’s family members. One image in particular showed Sapp hugging her father, both of whom were emotional.

She wrote a lengthy caption this time, writing, “ To everyone involved in the magic that was yesterday – thank you. I gained a new family, a new favorite memory, and most importantly – a new ring (thanks @matt_lintz, you did REAL good). No I will never shut up about this.”

Matt Lintz proposing to his girlfriend Gracie Sapp

Matt Lintz proposing to his girlfriend Gracie Sapp (Photo: Instagram)

Following their announcement, friends and well-wishers took to the comment section to express their excitement and congratulate the couple on taking a new step in their relationship. For instance, one wrote, “Matty, a lifetime of happiness for you both.”

“I’m SO HAPPY for you both!!!!! Sooo beautiful!!! The #GoodnessOfGod,” one Instagram user commented, with one guest who attended the event adding, “Loved celebrating y’all love last night!!! Congrats to the happy couple!!”

Speaking a little of Lintz and Sapp’s relationship, The Walking Dead actor first started interacting with his future wife’s Instagram post on December 31, 2020. However, they officially began dating on December 9, 2021.

Matt Lintz and his fiancee Gracie Sapp after Gracie accepted Matt's engagement proposal

Matt Lintz and his fiancee Gracie Sapp after Gracie accepted Matt’s engagement proposal (Photo: Instagram)

Likewise, they started featuring each other on their respective social media handles on January 1, 2022. On that day, both of them posted similar pictures taken alongside each other. Since then, Lintz has featured his girlfriend multiple times.

On December 9, 2022, the couple celebrated their first dating anniversary by spending a romantic time in front of the Eiffel Tower in Paris, France. By that time, the actor had already introduced his girlfriend to his family members and had even taken her to his older sister’s wedding.

Both Lintz and Sapp had shared some snaps from that special day. Additionally, Sapp has tagged alongside her boyfriend to multiple red-carpet premieres of Marvel shows. The first was Moon Knight, and the second was Ms. Marvel, where Lintz was one of the leads.

The couple has also celebrated different occasions, including birthdays and festivals, alongside each other. Finally, on December 9, 2023, they marked their second dating anniversary, with Sapp sharing an Instagram post captioned, “730,” referring to the days in two years.

To conclude, Sapp has been an understanding and supportive partner to Lintz, and their adorable pictures prove that they are made for each other. Now, the love birds are engaged, and it might only be a matter of time before they walk down the aisle and share their wedding vows.

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