YG Entertainment founder and head Yang Hyun Suk shares his thoughts on BIGBANG and 2NE1’s contracts expiring next year.

In an interview with TV Report on April 26 after the BIGBANG “MADE” tour in Seoul, Yang Hyun Suk says, “BIGBANG and 2NE1’s contracts will expire next year. The time frame to renew their contracts is the same for all the members within each group.”

He continues, “We have been with BIGBANG for nine years. My personal desire is to be with BIGBANG for nine more. After the contract expires, I want them to continue their activities with the renewal of their contracts.”

Yang Hyun Suk also shares about his plans for 2NE1 after CL’s solo U.S. debut. “CL’s almost done with the album. Whether she will [succeed] or not is something that can only be known after she [debuts]. From my standpoint, we are proactively supporting CL’s solo activities. I am planning the release of 2NE1’s new album for after CL finishes her solo activities. 2NE1 will surely show you good work until the expiration of their contracts.”

Meanwhile BIGBANG and 2NE1 debuted through YG Entertainment in 2006 and 2009, respectively.

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