It seems that YG’s difficult situation has been pushed back after Blackpink renewed their contract. Many experts believe that the 4 girls will definitely have to prioritize group activities in the future.
Recently, according to opinions from Korean experts on economics and securities, YG Entertainment has solved the company’s biggest problem, which is the contract extension of “golden egg-laying hen” Blackpink and now Now there are no more concerns.
Also in reports at the same time, researcher Lee Hwa Jung revealed that the stock price will stabilize and the investment stance on buying the company’s shares will definitely remain the same.
The researcher said: “With Blackpink’s official contract extension, the biggest uncertainty has been resolved. Baby Monster’s debut song also achieved success so there are no more concerns. Development The rapid growth of rookie groups Baby Monster and TREASURE and the return of Blackpink will be an opportunity for YG to increase its stock price significantly.”
Besides, the expert also mentioned Blackpink’s unconfirmed personal contracts.
Mr. Lee emphasized: “Individual contracts are expected to be adjusted flexibly, especially in the case of personal activities that require the name “Blackpink” to accompany them, such as solo albums or music videos, the possibility of It is likely that the members will prioritize cooperation with YG because this company holds the trademark rights to the group’s name.
In addition, independence will be guaranteed for the personal activities of the 4 female idols in demonstrating personal skills that are considered more important, such as participating in variety shows or launching brands. business brand. However, all individual activities will be carried out within the scope of not interfering with group activities.”
Previously, Blackpink decided to continue group activities by extending the contract with YG Entertainment. In particular, YG also officially announced on December 6 that “The Board of Directors has completed a resolution related to exclusive group contracts for all 4 members.”
With this, YG has successfully protected its greatest intellectual property. Through the announcement released later, YG said: “After careful discussion with Blackpink, we have signed an exclusive contract for the group’s activities based on strong trust.”
After the renewal, the famous Korean girl group plans to continue group activities under the support of YG, including the release of a new album and a large-scale world tour. YG CEO Yang Hyun Suk expressed his joy saying, “I am happy to continue our relationship with Blackpink. We will do our best to help Blackpink shine even more brightly.” in the global music market”.
The 4 Blackpink girls debuted on August 8, 2016 with the duo title songs Whistle and Boombayah . Since then, the group has become famous both inside and outside of Korea, with each member also making a name for themselves in both the music and fashion fields.
In fact, Blackpink is the girl group that is “dominating” the K-pop music industry. The group also achieved the notable achievement of topping the US Billboard 200 chart, the UK Official Album Chart Top 100 and was the first K-pop girl group to do so.
