{"id":87291,"date":"2023-09-26T13:17:23","date_gmt":"2023-09-26T20:17:23","guid":{"rendered":"https:\/\/www.musicmundial.com\/en\/?p=87291"},"modified":"2023-09-26T13:17:23","modified_gmt":"2023-09-26T20:17:23","slug":"yg-entertainment-shares-continue-to-decline-amid-concerns-over-blackpinks-contract-renewal","status":"publish","type":"post","link":"https:\/\/www.musicmundial.com\/en\/yg-entertainment-shares-continue-to-decline-amid-concerns-over-blackpinks-contract-renewal\/","title":{"rendered":"YG Entertainment shares continue to decline amid concerns over BLACKPINK&#8217;s contract renewal"},"content":{"rendered":"<p>In the middle of the great controversy that has caused the end of the contract of the girl group <strong>BLACKPINK<\/strong> with their agency, <strong>YG Entertainment<\/strong>, and after some time not having renewed it has caused this company to suffer a large drop in its shares.<\/p>\n<p>In recent days, various rumors have emerged about the future of BLACKPINK and each of its members and their solo career plans worrying fans, to which the agency has responded with the phrase &#8220;<em><strong>Nothing has been confirmed yet<\/strong><\/em>&#8220;.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-87294\" src=\"https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares.jpg\" alt=\"\" width=\"1200\" height=\"800\" title=\"\" srcset=\"https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares.jpg 1200w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares-300x200.jpg 300w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares-1024x683.jpg 1024w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares-768x512.jpg 768w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares-750x500.jpg 750w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/BLACKPINKs-contract-renewal-negotiations-with-YG-caused-great-consequences-to-their-shares-1140x760.jpg 1140w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>This ambiguous statement could be <strong>problematic<\/strong> for a typical publicly traded company, since this has been going on for a few months now, in addition to being a very important issue for the company and its <strong>investors<\/strong>, BLACKPINK.<\/p>\n<p>On September 25th, the agency&#8217;s share price closed at 65,500 won, marking its fourth consecutive day of <strong>decline<\/strong>. Furthermore, in recent times these had also decreased by <strong>18.43%<\/strong> due to the worrying news of the contract with the members of the girl group.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-87295\" src=\"https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract.jpg\" alt=\"\" width=\"1200\" height=\"800\" title=\"\" srcset=\"https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract.jpg 1200w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract-300x200.jpg 300w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract-1024x683.jpg 1024w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract-768x512.jpg 768w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract-750x500.jpg 750w, https:\/\/www.musicmundial.com\/en\/wp-content\/uploads\/2023\/09\/The-great-decline-in-the-shares-of-the-agency-behind-the-famous-girl-group-after-the-end-of-their-contract-1140x760.jpg 1140w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>YG also suffers a crisis of <strong>confidence<\/strong>, this September foreign investors sold a large number of shares, causing the foreign ownership rate to drop from 18% to 15%, in addition to <strong>irregularities<\/strong> in sales by foreigners and pension funds, facts that increased concern among institutional investors regarding the company&#8217;s <strong>financial<\/strong> health.<\/p>\n<p>Since BLACKPINK is an asset and property of the company, it is understandable that details of its ongoing <strong>negotiations<\/strong> are not revealed, however, this ambiguous <strong>response<\/strong> to the leaked information caused its shares to collapse by almost 20%, this being an <strong>irresponsible<\/strong> action towards shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the middle of the great controversy that has caused the end of the contract of the girl group BLACKPINK with their agency, YG Entertainment, and after some time not having renewed it has caused this company to suffer a large drop in its shares. In recent days, various rumors have emerged about the future [&hellip;]<\/p>\n","protected":false},"author":2817,"featured_media":87296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,7,1361],"tags":[17],"class_list":{"0":"post-87291","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-kpop","8":"category-news","9":"category-social-network","10":"tag-blackpink"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/87291","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\/2817"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/comments?post=87291"}],"version-history":[{"count":0,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/87291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media\/87296"}],"wp:attachment":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media?parent=87291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/categories?post=87291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/tags?post=87291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}