South Korean idol group Blackpink has officially renewed their agency contract with YG Entertainment, putting an end to months of speculation about their future. The K-Pop stars, consisting of Jisoo, Lisa, Jennie, and Rosé, will continue to perform together, much to the joy of their dedicated fanbase.

The announcement came on Wednesday when YG Entertainment released a statement confirming that Blackpink had signed an exclusive contract for group activities. The details of the new contract were not disclosed, leaving fans curious about the specifics, including individual member contracts.

The renewal of their agency contract comes after their previous contracts expired in August, leading to widespread rumors that the members might pursue solo careers. However, the new deal reaffirms Blackpink's commitment to their global fanbase, promising new albums and world tours that reflect their massive status in the K-pop scene.

Fans rejoiced at the news, expressing their excitement on social media platforms. Many had anxiously awaited the contract renewal since August and were relieved to see the group continue as a unit. "It's so good seeing them still together; they must share a special bond," one fan gushed.

Blackpink's journey began in 2016 with their debut song, "Boombayah," which quickly soared to the top of the Billboard world digital song sales chart. Since then, their popularity has only grown, culminating in a prestigious visit to the UK last month. During their trip, they were even bestowed honorary MBEs by King Charles for their exceptional contributions to music.

The King expressed his delight at presenting the MBEs, praising Blackpink's accomplishments and expressing his hope to witness their live performances in the future. Jennie, on behalf of the group, expressed their gratitude for receiving the honor, calling it "the most honorable thing for us."

In addition to their royal recognition, Blackpink's music had its own moment at Buckingham Palace, as their hit song "Ddu-Du Ddu-Du" was played during the guard change. The Band of the Coldstream Guards also played other K-pop favorites, including Psy's "Gangnam Style" and the Korean folk song "Arirang."

During a banquet held with the South Korean President and first lady, Charles commended Blackpink for their efforts in raising awareness about environmental sustainability. As ambassadors for the UK's presidency of COP26 and advocates for the UN sustainable development goals, the group's dedication to these crucial issues impressed the King.

With their agency contract renewed, Blackpink is set to continue their musical journey together, bringing joy to their global fanbase with new projects and performances. Their enduring bond and undeniable talent have made them one of South Korea's most successful musical exports, and fans can look forward to exciting endeavors from the beloved K-Pop icons in the years to come.