On Saturday, September 20, JYP Entertainment released a statement announcing that the K-pop girl group ITZY has renewed its contract with the agency. Following the group's debut back in 2019, their exclusive contract was set to expire early in the next year. However, prior to the same, JYP Entertainment revealed that all five members chose to re-sign with the agency.The agency's statement continued to explain that the renewal was possible due to the members' determination to work together and showcase various sides of themselves in their upcoming journey in the music industry. Therefore, JYP Entertainment added that they will continue to extend their support to ITZY for their future dreams and goals.However, when this news landed on the internet, fans and netizens were largely divided about the same. While many fans respected the members' decision and appreciated their renewal with the agency, some people also expressed that the group is allegedly wasting their potential by continuing to stay under JYP Entertainment.This backlash particularly surfaced as fans pointed out that the agency has allegedly not been paying enough attention to the group. They have reportedly not been receiving sufficient exposure and opportunities to grow in the industry because of their agency, and so, some expressed that it was an unwise decision to renew with JYP Entertainment. Here are a few fan reactions regarding the same:"I really wonder why... They are wasting their talent there. JYP only focuses on Skz right now (No hate, I love boys)," one fan said on X.BLACKPINK | Fanpage @blink_s22LINKI really wonder why... They are wasting their talent there. JYP only focuses on Skz right now (No hate, I love boys)More fans and netizens continued to share negative views on the K-pop girl group's recent contract renewal with JYP Entertainment.Yunaverse @igotyunandme_LINKHow stupid can you be to renew a contract with a company that clearly doesn’t care about you?MDNI yoshiki irl MDNI @xiurealzLINKDoes the contract say anything about properly promoting them againAutumn | ⚓️⁸ @NathansDaydreamLINKA couple more years of zero promotionhyunsace @hhjkarmaLINKI thought they'd be smartOn the other hand, some fans shared positive opinions about the same.erinluvsroha♡ @ChaeErinnnnLINKomg yess, my queens 👑Blue 🦋 ⁸ ⁶ ⁵ ⁴ @itzskznmixxLINK@AboutMusicYT I'm so happy rn, l knew they'd renew but now I can't really breathe ❣️nara ☯︎ @itzzmicy_LINKWE CHEEREDjia ⋆˚࿔ ia @prxsgyuLINK….well… ig i’ll trust the girls in their decision 💔More about JYP Entertainment's statement announcing contract renewal with ITZYOn September 20, JYP Entertainment released an official statement announcing their contract renewal with all five members of ITZY. Along with their excitement about the new chapter with the K-pop girl group, they also explained that they will be taking a more experimental dive into the members' careers, taking into consideration their unique talents and interests.Here's what the statement read:"We would like to inform you that, ahead of the expiration of their exclusive contracts early next year, we have successfully renewed contracts with all ITZY members (Yeji, Lia, Ryujin, Chaeryeong, and Yuna). With the united hearts of ITZY’s five members, who constantly strive to show fans their growth, we were able to promise a brighter future together."The statement continued,"JYP will continue to give its full support so that ITZY can remain a leading K-POP girl group and be loved by even more fans around the world. In addition, based on the members’ unique talents, we will spare no effort in creating new opportunities and challenges for them, and do our utmost to repay fans with even more inspiration and emotion."Therefore, JYP Entertainment concluded its statement by requesting fans and netizens to continue sharing their love and support for the K-pop girl group.