It can be that although they are still friends they feel already over that part of their lives. And on another note: releasing music takes a lot of time, work, discussions and money. If they are not backed by a company then it could be quite difficult to get everything in order. If they want to profit then they can't just release, they do have to promote and rally up enough fans from the past, have some direction and image, goals, etc. Not speaking about the technicalities, like: is it their goal to establish themselves again, or do they want just make music in the remembrance of old times? I feel like it's not that simple to release music just for fun or come back after many years passed. But these are only my thoughts.
Would they even be able to? I doubt YG gave them the rights to the name.
Kara still has Youngji who is still in DSP. The majority of SNSD is still in SM. Both of them make sense that they could regroup under the company that still owns the group name and have the backing of a large enough agency.
None of the 2NE1 members are still signed to YG, and I don't remember where Dara signed to, but aren't the other three either in tiny companies or their own self-managed agency?
Teddy, I guess?
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