South Korean music label YG Entertainment said that discussions about Blackpink's contract renewal are currently 'ongoing,' as it refuted allegations of Lisa's departure. YG made the brief confirmation in response to a report from Korean media outlet Munhwa Ilbo on Wednesday, July 12, which said that there's a 'high chance' that Lisa will be leaving the agency after the expiration of her contract in August. Meanwhile, discussions on Jisoo, Jennie, and Rosé's contracts are supposedly 'going smoothly.

https://entertainment.inquirer.net/508834/yg-entertainment-denies-lisa-of-blackpink-is-leaving-the-agency-says-contract-renewals-are-ongoing

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