K-pop label YG Entertainment has provided an update on contract renewal negotiations with BLACKPINK, saying that they are still ongoing.The entertainment company made a brief statement to South Korean media, including Sports Chosun, yesterday (November 14) saying that it is “still negotiating with the artists regarding their exclusive contracts”, as translated by Koreaboo. No other details regarding the current status of the discussions were divulged, but YG Entertainment shared in the same statement that an announcement of the negotiations’ outcome “will be revealed through the document regarding major management issues related to investments.” An exact date for this report’s publication has yet to be announced.Negotiations surrounding the status of BLACKPINK’s expiring contracts with YG Entertainment have been underway since July, and their contracts were said to have expired in August.