With news that BIGBANG will be performing at U.S. music festival Coachella this year, interest is growing on whether the group will be renewing their contracts with YG Entertainment.

On January 3, reports emerged that though the four members had not renewed their contracts yet, they were allegedly in positive discussions with the agency regarding the issue. Speculations were fueled by the fact that T.O.P, G-Dragon, Taeyang, and Daesung have all completed their military service, and they are set to return to the stage at Coachella in April.

When asked for comment on the new reports, a source from YG Entertainment took a cautious approach as they stated, “It is difficult to confirm or deny any details at the current time.”

BIGBANG will be performing at Coachella on April 10 and 17.

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