BLACKPINK Contract Dilemma Triggers YG Entertainment Stock Slump: Okay-pop firm YG Entertainment has skilled a big drop in market worth attributable to ongoing uncertainties concerning the contracts of the favored woman group BLACKPINK. Reports point out that YG Entertainment’s market worth has declined by practically 30 per cent year-to-date, a decline that follows hypothesis that BLACKPINK members could select to not renew their contracts with the corporate.

On Thursday, YG Entertainment‘s inventory worth dropped by roughly 13.3 per cent attributable to studies suggesting that Lisa, the Thai member of BLACKPINK, won’t renew her contract. Earlier this 12 months, YG Entertainment’s inventory had surged by 57.8 per cent, nevertheless it has declined by 12.3 per cent up to now two months since rumours of Lisa’s departure started circulating.

Rumours concerning her future with the corporate started circulating when she offered no indication of her plans through the conclusion of a world tour.  

There have been speculations in regards to the potential departure of different BLACKPINK members, Jisoo and Jennie, from YG as properly. Nevertheless, a consultant from YG talked about that negotiations concerning a contract renewal are nonetheless in progress. Starnews, a neighborhood media outlet, reported that Lisa turned down an alleged provide of fifty billion received from YG, though the corporate has not formally confirmed this quantity.

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Nonetheless, some consultants within the business assume that YG Entertainment has the monetary capability to cowl the bills and retain BLACKPINK. Lee Sun-hwa, an analyst at KB Securities, expressed the view that YG’s enhanced operational efficiency may nonetheless generate strong earnings, even when the group had been to depart.

BLACKPINK lately concluded their ‘BORN PINK’ world tour with a efficiency in Seoul. At the conclusion of the tour, they expressed their dedication to staying collectively for an prolonged interval. BLACKPINK contains 4 members: Rose, Jennie, Jisoo, and Lisa.