{"id":2117285,"date":"2023-12-06T11:27:02","date_gmt":"2023-12-06T16:27:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackpink-members-renew-contract-boosting-shares-in-label-yg-entertainment\/"},"modified":"2023-12-06T11:32:00","modified_gmt":"2023-12-06T16:32:00","slug":"blackpink-members-renew-contract-boosting-shares-in-label-yg-entertainment","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackpink-members-renew-contract-boosting-shares-in-label-yg-entertainment\/","title":{"rendered":"BLACKPINK members&#8217; contract renewal boosts YG Entertainment shares"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fblackpink-members-renew-contract-boosting-shares-in-label-yg-entertainment%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2117285&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<h2>BLACKPINK Members\u2063 Renew\u2062 Contracts, Boosting YG Entertainment\u2062 Shares<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Lisa (Lalisa Manoban), Rose\u200c (Roseanne Park), Jisoo Kim and Jennie Kim, from the K-Pop band BLACKPINK pose with\u200d their \u200dHonorary MBEs (Members of the\u200d Order \u2062of the British Empire) at Buckingham Palace,\u200b London, Britain November 22, 2023. Victoria Jones\/Pool \u200cvia REUTERS\/File Photo<\/figcaption><\/figure>\n<p>SEOUL \u2063(Reuters) \u2013 South Korea\u2019s YG \u2062Entertainment Inc (122870.KQ) announced on Wednesday that \u200dall four members of the \u2064popular\u200d K-pop girl group BLACKPINK have renewed their contracts with the label, causing a surge in the company&#8217;s shares.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Speculation \u200dhad been\u200b rife for months that some\u2064 BLACKPINK members might not renew their contracts, putting pressure on the label&#8217;s shares.<\/p>\n<p>&#8220;With a strong bond of trust, we \u200chave signed an exclusive\u200d contract for \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-celeste-maloy-wins-special-election-for-utah-house-seat\/\" title=\"Republican Celeste Maloy wins special election for Utah House seat\">group \u200bactivities<\/a> after engaging in\u2062 serious discussions with BLACKPINK,&#8221; stated YG Entertainment.<\/p>\n<p>An \u2062official from YG Entertainment \u200drevealed that negotiations were \u200dstill ongoing regarding an exclusive contract\u200b for \u200csolo activities.<\/p>\n<p>Following the announcement, YG Entertainment&#8217;s shares skyrocketed by up to 29%, reaching a three-week high of 61,900 won ($47.16).<\/p>\n<p>Other major South Korean entertainment labels also experienced\u200c a surge in their stock prices \u2013 HYBE \u200bCo (352820.KS), the\u2064 company behind K-Pop sensation BTS, saw a 7.3% jump, JYP Entertainment Corp (035900.KQ) rose \u200dby 5.7%, and\u200d SM Entertainment (041510.KQ) increased by\u200b 5.2% \u200cin morning trade.<\/p>\n<p>BLACKPINK achieved a Guinness World Record earlier this year for having \u200dthe most-viewed music channel on\u2064 YouTube,\u2062 boasting over \u200b90 million subscribers.<\/p>\n<p>Last month, the group received honors from \u2064Britain&#8217;s King Charles III for their efforts in raising awareness about climate change.<\/p>\n<p>BLACKPINK embarked on a worldwide Born Pink World Tour in October last year, \u200cwhich concluded in September after more\u2062 than 60 shows across the globe.<\/p>\n<p>($1=1,312.5300 won)<\/p>\n<p><sub>Reporting by\u2063 Heekyong Yang and Hyunsu Yim; Additional reporting\u200d by Youn Ah Moon; Editing by Ed Davies and \u2063Sonali \u200dPaul<\/sub><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>FBI&#8217;s Broad Surveillance and Epstein Flight Logs<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>House\u2063 Oversight Committee Reveals \u200cMore Receipts Linking \u2064Hunter Biden and Joe Biden<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Rise of Anti-Semitism and Biden Administration&#8217;s Focus\u200d on Islamophobia<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Supreme Court \u200bSkeptical of Purdue \u200bPharma Bankruptcy Settlement<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Spanish Media Outlets File \u2062$600 Million Lawsuit Against\u2064 Facebook Owner Meta Platforms<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Verizon Offers\u200c Streaming Subscriptions \u2062to Netflix and Warner Bros Discovery-owned Max Platforms<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Global Mega-Cap Companies\u2063 Experience Market Capitalization Surge<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Advertisers Likely to Abandon Elon Musk&#8217;s X Social Media Platform<\/h3>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> \u200cWhat\u200d are \u200bthe implications of BLACKPINK members potentially pursuing\u2062 solo activities while still being involved in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/massachusetts-dropping-statewide-k-12-mask-mandate-on-february-28\/\" title=\"Massachusetts Dropping Statewide K-12 Mask Mandate On February 28\">group activities<\/a>?<\/h2>\n<p><span>  BLACKPINK Members Renew Contracts, Boosting YG Entertainment Shares<\/p>\n<p>BYLINE: [Your Name]\n<p>DATE: [Date]\n<p>SEOUL (Reuters) &#8211; South Korea&#8217;s\u2062 YG Entertainment Inc (122870.KQ) announced\u200b on Wednesday that all four members\u2062 of the popular K-pop girl group\u200b BLACKPINK have renewed their contracts with the label, causing a surge in\u2063 the \u2063company&#8217;s shares.<\/p>\n<p>Speculation had \u2062been rife for months that some BLACKPINK members \u200dmight\u200b not\u2063 renew their contracts, putting pressure on\u2064 the label&#8217;s shares. However, with\u2062 a strong bond of trust, the\u200c members have now signed exclusive contracts for group activities after engaging in\u200d serious discussions with YG\u200c Entertainment.<\/p>\n<p>Although negotiations \u2063for solo activities are still ongoing, the commitment to continue as \u200ba group has already had a significant impact on the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/donald-trump-ends-negotiations-with-nancy-pelosi-on-coronavirus-relief\/\" title=\"Donald Trump Ends Negotiations with Nancy Pelosi on Coronavirus Relief\">stock market<\/a>. Following the announcement, YG Entertainment&#8217;s shares skyrocketed by up to 29%, \u2063reaching a three-week high of 61,900 won ($47.16).<\/p>\n<p>This\u200c positive news not only boosted YG Entertainment&#8217;s \u2064shares but also \u2064had\u2064 a\u200b ripple \u200beffect\u200c on other major South Korean \u200centertainment labels. HYBE \u200bCo (352820.KS), the company behind K-Pop sensation BTS, saw a 7.3% jump in their\u2062 stock prices.\u200d Similarly, JYP Entertainment Corp (035900.KQ) rose by 5.7%, and SM Entertainment (041510.KQ) increased by 5.2% \u200bin morning trade.<\/p>\n<p>The renewal of BLACKPINK&#8217;s\u200d contracts is seen as a significant win for YG Entertainment and \u200dthe broader K-pop\u200c industry. BLACKPINK has gained\u2064 immense popularity\u200b both within South Korea \u2064and internationally, with their music videos \u200camassing billions of views on\u2062 YouTube. The group&#8217;s members, Lisa (Lalisa Manoban), Rose\u200c (Roseanne Park), Jisoo Kim, and Jennie Kim, have become role \u200cmodels and fashion icons for many \u2062young fans around the world.<\/p>\n<p>YG\u2062 Entertainment&#8217;s ability to retain such a\u2062 successful\u200b group demonstrates \u2062the label&#8217;s\u200c strong management skills \u200band\u2062 ability \u200dto maintain\u200b relationships with its artists.\u200c By securing the future of BLACKPINK, YG Entertainment has not only reassured investors but also shown their commitment to \u200bcontinue promoting and nurturing talent within the\u2062 K-pop industry.<\/p>\n<p>The ongoing negotiations \u2063regarding solo\u200c activities for the BLACKPINK members indicate the label&#8217;s \u200bsupport for their individual aspirations. This suggests that we will continue to see BLACKPINK&#8217;s\u2062 members \u2064thrive both as \u2064a group and as individual artists in the future.<\/p>\n<p>In conclusion,\u2064 the announcement of BLACKPINK&#8217;s contract\u200c renewal has\u2062 resulted\u2063 in a surge in YG \u200dEntertainment&#8217;s\u200d shares and\u2064 has sent \u200bpositive\u200b ripples throughout the K-pop industry.\u200b It showcases the enduring popularity and value of K-pop groups\u200b and highlights the importance of\u200d strong management and artist-label relationships. As BLACKPINK continues to \u2062shine on \u2064the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-irreversible-consequences-of-school-closures\/\" title=\"The Irreversible Consequences of School Closures\">global stage<\/a>, fans can look forward to more\u200c exciting music\u2064 and performances from these talented artists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korean K-Pop group BLACKPINK&#8217;s members, Lisa, Rose, Jisoo, and Jennie, proudly display their Honorary MBEs at Buckingham Palace on November 22, 2023. The photo was taken by Victoria Jones\/Pool via REUTERS. YG Entertainment, based in Seoul, celebrates their achievement<\/p>\n","protected":false},"author":1911,"featured_media":2117286,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2117285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2117285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1911"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2117285"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2117285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2117286"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2117285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2117285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2117285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}