YG Entertainment has issued a statement regarding G-Dragon’s contract with BIGBANG.

“G-Dragon’s exclusive contract with us has expired,” YG Entertainment announced on June 6, “but we are collaborating with him through a separate contract for his other activities such as advertisement, etc.”

“There will be discussions regarding additional contracts if he resumes his music activities,” YG Entertainment added. We will make every effort to assist with this.”

Previously, fans speculated that G-Dragon did not renew his contract with the agency after noticing his name was missing from the list of artists and actors under YG Entertainment as of March 31, according to a quarterly report released by YG Entertainment in April.

G-Dragon announced in January that he was working on a new album via his official YouTube channel. Later in March, he hinted that he’s working on a project and that several things are in the works.

Fellow BIGBANG members Taeyang and Daesung parted ways with YG Entertainment after their contracts with the agency expired in December 2022. Taeyang later joined THEBLACKLABEL, while Daesung signed with R&D Company under D-LABLE, a team dedicated to Daesung.

T.O.P, on the other hand, left YG Entertainment in February 2022. T.O.P will continue to participate in BIGBANG’s group activities when he is able, according to the agency. T.O.P, on the other hand, took to Instagram just a few days ago to personally announce his departure from BIGBANG.