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'American Idol' judge Katy Perry shuts down the 'biggest lie' of the music industry

May 26, 2024

Katy Perry, renowned for her dynamic pop hits and vibrant persona, has revealed a new source of inspiration for her upcoming music. Speaking at the "American Idol"...

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G-Dragon's Anticipated Comeback: A New Chapter for BIGBANG in 2024

May 26, 2024

The music world is buzzing with excitement as G-Dragon, the frontman of the legendary K-pop group BIGBANG, announces his much-anticipated comeback in 2024....

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BTS: Gearing Up for a Mega World Tour Next Year

May 26, 2024

The global music phenomenon BTS is set to captivate the world once again with the news of their upcoming mega world tour scheduled for next year。。。

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Twenty-One Pilots' 'Clancy': A Triumphant Finale to a Decade-Long Saga

May 26, 2024

The end of an era has come for Twenty-One Pilots, and with the release of their latest album, "Clancy," the duo has brought their long-running narrative to a triumphant close...

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Lady Gaga Says Her New Music Is ‘Nothing Like Anything That I’ve Ever Made’

May 25, 2024

Lady Gaga has never shied away from pushing the boundaries of her music, and her recent announcement at the Los Angeles premiere of "Gaga Chromatica Ball" signals...

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Megan Thee Stallion's "Hiss" Climbs to No. 1 Amidst High-Profile Feud

May 25, 2024

Megan Thee Stallion's latest single, "Hiss," has catapulted to the top of the charts, reaching No. 1 as it capitalises on the buzz generated by her recent public feud...

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Kendrick Lamar’s Rise to the Top: Chart-Topping Success Amidst Rap Feud

May 25, 2024

Kendrick Lamar's recent success on the charts marks a significant milestone in his career, highlighting his influence and dominance in the music industry. His diss track "Not Like Us" debuted...

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The Fine Line Between Inspiration and Infringement: Beyoncé’s ‘Break My Soul’ Lawsuit

May 23, 2024

In the intricate world of music creation, inspiration often blurs the lines between originality and infringement. The recent lawsuit against Beyoncé over her hit song "Break My Soul"...

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Zayn Malik Embraces Minimalism and Rawness in 'Room Under the Stairs'

May 23, 2024

Since leaving One Direction in 2015, Zayn Malik has embarked on a journey of artistic exploration and self-discovery. His solo debut, Mind of Mine (2016), featured the global hit "Pillowtalk"...

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Sony Music Group warns more than 700 companies against using its content to train AI

May 23, 2024

Sony Music Group (SMG) has issued formal notices to over 700 generative AI companies and streaming platforms, prohibiting the unauthorized use of its content for AI model training...

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Joshua Bassett Announces Debut Album ‘The Golden Years’: Here’s When It Arrives

May 23, 2024

Joshua Bassett is going for gold. After years of making waves in the music industry, the 23-year-old singer-songwriter has finally announced the release of his debut studio album, The Golden Years...

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Static Dress Unleashes a Torrent of Emotion in New Single 'Crying’

May 23, 2024

In an explosive return to the music scene, UK-based post-hardcore band Static Dress has released their latest single, "Crying," capturing the raw energy and intense emotion that the band is renowned..

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How Black Pink Should Negotiate Their New Contract with YG Entertainment

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As the contract between Blackpink and YG Entertainment nears its end, fans of the popular South Korean girl group are wondering if the group will renew their contract with the agency.

Blackpink, consisting of members Jisoo, Jennie, Rosé, and Lisa, first signed with YG Entertainment in 2011 and made their debut in 2016 with the single "Boombayah." Since then, they have become one of the most successful girl groups in the world, with hit songs like "Ddu-Du Ddu-Du," "Kill This Love," and "Ice Cream" featuring Selena Gomez.

However, as the group's contract with YG Entertainment comes to a close, many are questioning if they will renew their contract with the agency or move on to other opportunities.

On one hand, YG Entertainment has been a major factor in Blackpink's success, providing the group with the resources and support needed to become one of the biggest girl groups in the world. The agency has also allowed the members to pursue individual endeavors, such as solo music projects and acting roles.

On the other hand, Blackpink has reached a level of success that could potentially allow them to branch out on their own. The members have already begun to establish themselves as solo artists, with Jennie releasing her debut solo single "Solo" in 2018 and Rosé releasing her debut solo single "Gone" in 2021.

Some speculate that they will be joining producer Teddy’s label called The Black Label due to the close relationship that was fostered in the studio when working on their albums.

It is uncertain what the future holds for Blackpink and their relationship with YG Entertainment. While the group has been successful with the agency, they may choose to explore other opportunities in the industry.

10 Factors for Artists & Creators When Negotiating a New Record Label Contract:

Whether Blackpink renews their contract with YG Entertainment or take their careers in a new direction, the following are 10 factors they should consider when negotiating with the other party:

When it comes to music business contract negotiations, there are several key factors that should be taken into consideration. Whether you're an artist, manager, or record label executive, it's important to be well-informed and aware of your rights and responsibilities. Here are the top 10 things to consider during music business contract negotiations:

  1. Royalty rates: This is one of the most important factors in any music contract negotiation. Royalty rates determine how much an artist will be paid for each album or single sold. It's important to negotiate a fair rate that is commensurate with the artist's level of success and popularity.
  2. Advance payments: An advance payment is a sum of money paid to an artist upfront, before any royalties are earned. This can be a significant factor in contract negotiations, as it can provide an artist with the financial stability they need to continue working on their music.
  3. Ownership rights: It's important to clearly define the rights and ownership of the music in the contract. This includes who owns the master recordings, the rights to use the music for different purposes, and who will get the revenue generated from the use of the music.
  4. Touring and merchandising: Many contracts include provisions for touring and merchandising. It's important to clearly define the rights and responsibilities of both the artist and the label in these areas.
  5. Promotion and marketing: A successful music career requires effective promotion and marketing. It's important to ensure that the contract includes provisions for promoting the artist and their music, as well as the budget for marketing and promotion.
  6. Length of contract: The length of the contract should be negotiated based on the artist's career goals. Some artists may want a shorter contract in order to have more control over their career, while others may prefer a longer contract for stability and security.
  7. Termination clauses: It's important to include termination clauses in the contract, in case either party wishes to end the contract early. This should be negotiated carefully to ensure that both parties are protected in the event of termination.
  8. Legal representation: It's important for both parties to have legal representation during contract negotiations. A lawyer can help to ensure that the contract is fair and legally binding, and can advise on any potential issues that may arise.
  9. Digital rights management: With the rise of streaming and digital music, it's important to include provisions in the contract for digital rights management. This includes how the music will be distributed and marketed online, as well as the revenue generated from digital sales.
  10. Flexibility: Finally, it's important to ensure that the contract is flexible and allows for changes as the artist's career develops. This includes the ability to renegotiate terms and make adjustments as needed, to ensure that both parties are satisfied with the agreement.

By considering these factors during music business contract negotiations, artists & music creators like Black Pink can ensure that they are protected and that the agreement is in the best interests of all parties involved. With a well-negotiated contract, an artist can focus on creating and performing music, while the label can focus on promoting and marketing the artist's work.