The latest move of BLACKPINK’s Jennie after YG announced its financial report has garnered significant attention from the media
On November 14, YG released its financial report for the third quarter of 2024, but the current focus was on the contract renewal status of BLACKPINK. As of now, YG has not provided an official conclusion, continuing to state that the girl group is under discussion.
Following the Crazy Horse incident, Lisa has faced heavy backlash from Chinese and Korean fans, with many even demanding the female idol to be kicked out of the group. Therefore, the constant delay in contract renewal status keeps fans uneasy.
Amidst the attention, the Korean media revealed that Jennie purchased a 3.8 million USD house (5 billion won) in the UN Village complex. Specifically, according to Biz Korea, Jennie bought La Terrasse Hannam, a luxurious villa in UN Village, Yongsan-gu, Seoul, paying in cash without needing a loan in February 2021. This information immediately caused a media frenzy.
In addition, Jennie has bought the rights to the trademark of “JENNIE RUBY JANE.” On the KIPRIS information search page (providing information on intellectual property rights in South Korea), Jennie filed the application in Yongsan-gu, Seoul, where famous residential areas such as UN Village and Hannam The Hill are located. The categories registered by Jennie are related to business services and fashion.
This further affirms the likelihood of Jennie establishing her own brand. Previously, there were speculations that the idol would independently build a fashion brand. In the event of BLACKPINK not renewing their contracts, Jennie has a clear solo trajectory, showcasing influence in various fields and currently being the “number 1 IT Girl in South Korea.”
Moreover, Alison, who accompanied Jennie on the recent World Tour, ended her contract with YG Ent. USA in October this year. Close staff members Jaemin and Ho Sup also left YG in October. These pieces of information fuel rumors that Jennie will not go with YG in future projects, and Jennie’s team is also leaving YG to continue accompanying her independently. Korean media previously reported that Jennie has her own management company.
Jennie’s latest musical activity is the release of the song “You&Me”, produced and promoted by YG during the year-long World Tour. Details about the relationship between BLACKPINK members and their management company remain unclear to fans with the current information.
Source: k14
