According to Korean media, the extension of the group contract with YG Entertainment by the four members of Blackpink helped the company have strong stock growth. In addition, the group will soon release an album and hold a world tour.
YG stock price increased after Blackpink renewed the contract. Photo: AllKpop.
According to Yang Hyun Suk – YG’s Production Director, they are happy to be able to continue their relationship with Blackpink.
“Blackpink will continue to try our best to shine even more in the global music market as an artist representing not only the company but also Kpop. We will always support and have faith.” solid faith for the group’s future steps” – this director said.
According to Korean media, with YG’s support, Blackpink is expected to respond to the love of fans around the world by releasing a new music product and organizing a large-scale world tour.
This will help YG increase its revenue in the near future.
This information is currently making the audience and Blinks (Blackpink fans) happy because over the past few months, there have been a series of rumors related to Blackpink’s contract issues, while the management company has always chosen to silent.
In addition, the media said that YG will officially “save” the falling stock price after confirming the re-signing with Blackpink. Previously, many industry experts had hoped that Baby Monster’s debut would help the company’s stock prosper, but in reality, the group received mixed praise and criticism for their debut product, causing the company to face difficulties.
According to statistics from Korean media, stock prices are increasing rapidly from 20.63% to 23.13% and are currently at 26.67%. However, experts predict that this number will continue to increase further.
Blackpink is a girl group founded by YG with 4 members Jisoo, Jennie, Rosé and Lisa. With vibrant music and personality, Blackpink quickly established themselves as the world’s leading girl group, making every song the group released a “hit” since their debut in 2016.
Most recently, in September, the group ended the “Born Pink” world tour with 2 encore nights in Seoul (South Korea). Blackpink’s world tour attracted 1.8 million spectators and revenue of nearly 300 billion won (about 5,555 billion VND).
