Big Bang, whose contract with YG Entertainment is set to expire in mid-2016, is highly likely to stay with the agency, a local report said, citing an unidentified source at the music industry.

“Since the members have to renew their contract, it has been difficult to arrange their next year’s schedule,” said the source. “However, YG officials have hinted that they will stay with the agency.”

(OSEN)

Earlier this year, while celebrating the nine-year anniversary of the group’s debut under the label, YG chief Yang Hyun-suk publicly spoke of his desire to be with the group for the next 10 years. The members, too, have proclaimed their intention to stay.

A YG spokesperson, however, stayed cautious Tuesday, saying that it was “too early” to officially discuss the matter.

The five-member group has, since its debut in 2006, put out an array of hits including “Lies,” Last Farewell” and “Sunset Glow.”
This year, the quintet released its MADE series, dropping the small albums -- “M,” “A,” “D” and “E” -- each month from May to August.

The group is currently on a world tour, slated to perform in Melbourne, Australia on Oct. 21.

By Kim Yu-jin (kimyujin@heraldcorp.com)

Related article: More photos of Big Bang's U.S. concerts revealed