{"id":28729,"date":"2022-07-09T13:54:40","date_gmt":"2022-07-09T20:54:40","guid":{"rendered":"https:\/\/www.musicmundial.com\/en\/?p=28729"},"modified":"2022-07-09T13:54:40","modified_gmt":"2022-07-09T20:54:40","slug":"blackpink-hiatus-put-yg-entertainment-on-the-edge-of-bankruptcy-with-a-sales-slump","status":"publish","type":"post","link":"https:\/\/www.musicmundial.com\/en\/blackpink-hiatus-put-yg-entertainment-on-the-edge-of-bankruptcy-with-a-sales-slump\/","title":{"rendered":"BLACKPINK hiatus put YG Entertainment on the edge of bankruptcy with a sales slump"},"content":{"rendered":"<p>It was recently reported that BLACKPINK&#8217;s absence in the music industry negatively impacted <strong>YG Entertainment<\/strong>. In the first quarter of 2022 alone, BLACKPINK&#8217;s absence was reflected in both the company&#8217;s sales and profits.<\/p>\n<p>In the first quarter of 2022, YG Entertainment saw a 22% drop in company sales compared to the same period last year. Moreover, its profits dropped by 36% showing that the lack of <strong>BLACKPINK<\/strong> put the company on the verge of bankruptcy.<\/p>\n<p><strong><\/strong>.<\/p>\n<p>But as soon as it was announced that the girls will return this quarter, the situation has improved for the <strong>label<\/strong>. Since the beginning of the year, the girls have mentioned that they were working on new music for this year.<\/p>\n<p>However, no exact date was ever given. During a recent interview, YG&#8217;s <strong>CEO<\/strong> reported that the comeback is scheduled for the third quarter of 2022, causing fans to speculate that the group will finally return in August.<\/p>\n<figure class=\"wp-block-pullquote\">\n        <blockquote hcb-fetch-image-from=\"https:\/\/twitter.com\/BLACKPINKGLOBAL\/status\/1542692012343836680?s=20&amp;t=yK3Lqrcj2FEdabKo5lheWA\" class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The return of the former CEO Yang , also the beginning of the offline activities of YG Artist. <\/p>\n<p>\u201c<a href=\"https:\/\/twitter.com\/hashtag\/BLACKPINK?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#BLACKPINK<\/a> will start the WORLD TOUR in the 4th quarter (October-December) after the release of the ALBUM in the 3rd quarter(July-September). <a href=\"https:\/\/twitter.com\/hashtag\/%EB%B8%94%EB%9E%99%ED%95%91%ED%81%AC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#\ube14\ub799\ud551\ud06c<\/a> <a href=\"https:\/\/twitter.com\/ygofficialblink?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@ygofficialblink<\/a> <a href=\"https:\/\/twitter.com\/BLACKPINK?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@BLACKPINK<\/a> <a href=\"https:\/\/t.co\/G58U0AzyKB\">pic.twitter.com\/G58U0AzyKB<\/a><\/p>\n<p>&mdash; BL\u039bCKPI\u0418K GLOBAL FANBASE (@BLACKPINKGLOBAL) <a href=\"https:\/\/twitter.com\/BLACKPINKGLOBAL\/status\/1542692012343836680?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 1, 2022<\/a><\/p><\/blockquote>\n        <\/figure>\n        \n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It was also revealed that once the long-awaited comeback promotions are over, <strong>Jennie<\/strong>, <strong>Lisa<\/strong>, <strong>Ros\u00e9<\/strong> and <strong>Jisoo<\/strong> will have a world tour, the label&#8217;s CEO assured to Korean media.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was recently reported that BLACKPINK&#8217;s absence in the music industry negatively impacted YG Entertainment. In the first quarter of 2022 alone, BLACKPINK&#8217;s absence was reflected in both the company&#8217;s sales and profits. In the first quarter of 2022, YG Entertainment saw a 22% drop in company sales compared to the same period last year. [&hellip;]<\/p>\n","protected":false},"author":3106,"featured_media":28730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,7,950,1361],"tags":[17],"class_list":{"0":"post-28729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-kpop","8":"category-news","9":"category-showbiz","10":"category-social-network","11":"tag-blackpink"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/28729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/users\/3106"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/comments?post=28729"}],"version-history":[{"count":0,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/28729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media\/28730"}],"wp:attachment":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media?parent=28729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/categories?post=28729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/tags?post=28729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}