According to Korean media reports on December 19, there is a high possibility that Blackpink will return in the fourth quarter of 2024.
Girl group Blackpink. Photo: AllKpop.
After Blackpink renewed their contract with YG, information about the girls was of interest to the media. Specifically, after the news of renewing the contract of the 4 YG girls, the company’s stock price increased by about 30% in just about 1 week.
Meanwhile, regarding Blackpink’s plan to return to the music track, experts analyze that there is a high possibility that the group has not yet released a new product right after re-signing the contract.
Accordingly, Blackpink can release albums and performances as early as the fourth quarter of 2024. The increase in sales due to the group contract extension is expected to begin in earnest from 2025.
Previously, Herald Economic reported on December 18, according to NH Investment & Securities, YG has solved their biggest problem – which was Blackpink’s contract renewal and now there are no more concerns.
In a report on the same day, researcher Lee Hwa Jung revealed that YG’s target stock price (87,000 won) has currently remained stable. “With Blackpink’s official contract extension – the biggest uncertainty has been resolved”.
In addition, regarding the terms of Blackpink’s new contract, the expert said: “It seems that the increase in profit distribution ratio for artists is limited and the upfront payment has been determined within en can recover capital”.
Meanwhile, with the issue of Blackpink members’ unconfirmed individual contracts, researcher Lee said: “Individual contracts are expected to be flexible. In the case of individual activities that require the name ‘Blackpink’, such as solo albums, there is a high possibility that members will cooperate with YG because the company holds the trademark rights”.
“Independence will be guaranteed for individual activities, in which the demonstration of members’ personal skills is more important, such as participating in variety shows or launching brand businesses . However, all individual activities will be carried out within the scope of not interfering with group activities” – Lee Hwa Jung commented.
Blackpink debuted on August 8, 2016 with the title song “Whistle” and “Boombayah”. After that, the group became famous both inside and outside Korea, the four members Jisoo, Jennie, Rosé and Lisa all made a name for themselves in both the music and fashion fields.
The group also achieved notable achievement when topping the US Billboard 200 chart and the UK’s Top 100 official album chart and were the first Kpop girl group to do so.
