BLACKPINK and TREASURE are predicted to be groups that will contribute the most to YG’s earnings in 2022, according to a newly conducted research.
In particular, researcher Lee Hye In from the financial firm Yuanta Securities, recently wrote in a report, “Thanks to the activities of BLACKPINK and TREASURE, two groups which contribute the most profits, the revenue of YG Entertainment will increase by 31% year-on-year, amounting to 465.1 billion Korean won (377 million USD) in 2022, with ample grounds for further growth.”
BLACKPINK’s upcoming full-group comeback is also expected to be an important event for YG. Four members of this worldwide famous girl group have been focusing on their solo activities, including, music releases, acting, and brand ambassadors’ deals. As a result, BLACKPINK has not made any comeback as a group for over a year.
Meanwhile, YG’s new boy group, TREASURE, is seeing extremely fast growth. TREASURE made a successful album back in early 2022 and recently completed their first concert in Korea. They are also preparing for a Japanese tour this November.
Source: The Korea Economic Daily
