BLACKPINK was predicted by Korean media about the official return date after the news of re-signing the contract.
Recently, Korean media, specifically Sports Seoul, updated the latest information after BLACKPINK renewed contract with YG. Accordingly, reporter Bae Woo Geun said that after the news of renewing the contracts of the four YG girls, the company’s stock price increased by about 30% in just about 1 week.
In the case of YG Entertainment, Daishin Securities gave a positive assessment stating that the contract extension with BLACKPINK is expected to have an impact far beyond the actual estimated increase.
YG’s stock value increased 30% after news of renewing the contract with BLACKPINK.
Bae Woo Geun continued: “The members’ individual exclusive contracts are still being negotiated but this has been largely reflected in the stock price. So it is very likely that the announcement of contract extensions for two or more members will actually act as an influencing factor in increasing the stock price.
However, from a cautious perspective, BLACKPINK will likely continue to rest. It is expected to return in order of album release and performance as early as the 4th quarter of next year. Accordingly, the increase in sales due to group contract extension is expected to begin in earnest from 2025.”
With predictions from financial experts, although at the present time the individual contracts of BLACKPINK members are still under discussion, in 2024, the group will have activities to return soon around the fourth quarter. 4 in the year. If this becomes true, this will be good news for all BLACKPINK fans who are looking forward to the group’s comeback after the contract renewal news.