In the latest episode of the TV “Hangout with Yoo“, which was hosted by Yoo Jae-suk, various familiar names such as HaHa, Joo Woo-jae, Park Jin-joo, Lee Yi-kyung, Lee Mijoo, and Kim Seok-hoon visited YG. Here, the stars made noteworthy statements, particularly about BLACKPINK.
As they entered the YG building, the “Hangout with Yoo” cast expressed amazement at the impressive new company headquarters.
“How do they (YG) make so much money?” one of them asked, to which another responded immediately, “BLACKPINK”
In fact, in recent years, BLACKPINK is the first name that comes to mind when talking about artists who can “carry YG”.
The four girls have a profound influence on K-pop, achieving the status of the world’s number one girl group. According to the latest financial reports, revenue from BLACKPINK accounts for a whopping 85% of the total revenue of YG. BLACKPINK’s Born Pink World Tour is also one of the most spectacular tours in K-pop, reaching a revenue of over 260 million dollars for 66 performances.
However, YG is currently facing several risks. Despite BLACKPINK’s renewing their contract for group activities, the company has not succeeded in extending exclusive contracts with Jennie, Jisoo, Lisa, and Rosé regarding individual schedules. Therefore, the group’s comeback schedule is challenging to determine.
After the debut of YG’s new girl group BABYMONSTER fell short of expectations, YG’s stocks plummeted. Faced with HYBE’s rapid development, the future of YG is more uncertain than ever. Looking back at the past, fans can’t help but lament the golden era that the top K-pop entertainment empire has gone through.
Source: K14
