In yet another moment of 2016 staying totally on-brand with the rest of 2016, YG Entertainment announced today (Nov. 25) that beloved, globally influential K-pop troupe 2NE1 is no more. Officially.

Following the news of member Minzy's departure from the group back in April and CL's continued effort to slowly-but-surely break into the American market, the label issued a statement confirming that the group's contract came to end back in May, resulting in "a decision of 2NE1's official disbandment after long discussion."

To add insult to injury to devoted Blackjacks, the label confirms that while CL and Dara are still being represented by YG Entertainment for solo promotions, Park Bom "did not have a renewal."

The full statement, via Soompi (original statement in Korean):

"2NE1’s exclusive contract expired in May 2016, and with Minzy leaving 2NE1, we have come to the decision to officially disband after extensive discussion with the remaining members. For the past 7 years, 2NE1 was a representative group of YG. We, too, cannot express how upset and disappointed we are. However, we judge that it'll be difficult to continue promoting. We decided that instead of looking forward to 2NE1's unpredictable promotions, we should rather focus on the solo promotions of the members. We sincerely appreciate everyone who loved 2NE1 and their music. Meanwhile, in May, YG renewed the contract with CL and Dara. Unfortunately, we officially announce that Park Bom did not have a renewal."

Along with serving up smashes in South Korea since 2009 including "Fire," "I Am The Best" and "Come Back Home," 2NE1 made a splash stateside with their album Crush in 2014, which became the best-selling, highest-charting K-pop album on the Billboard 200 up until that point.

What a year.

To be fair, the group hadn't released new material in two years, so the disbandment doesn't entirely come as a shock — just disappointment. At least we have BLACKPINK now to lessen the blow slightly.

Despite not renewing with YG Entertainment, Park Bom also isn't giving up: right as the announcement hit the Internet, the newly solo singer updated her fans on Instagram with a video.

"Practicing singing to show you all a singing video. It might be because it's the first time I'm singing this song...repeated a lot...ah...," she wrote (translation via iTechPost).

Let us all gather and mourn by watching 2NE1's most major music videos over the years — and that show-stopping surprise reunion from last year's Mnet Asian Music Awards. Chills, still.

2NE1 4EVER.

2NE1 Through the Years: