Korean Media Predicts BLACKPINK’s Official Comeback Schedule After Contract Renewal News
Recently, the South Korean media, specifically Sports Seoul, has provided the latest updates following BLACKPINK’s contract extension with YG. According to journalist Bae Woo Geun, after the news of the YG girl group renewing their contracts, the company’s stock prices have increased by approximately 30% in just one week.
In the case of YG Entertainment, Daishin Securities has expressed a positive evaluation, stating that the contract extension with BLACKPINK is expected to have an impact surpassing the initially estimated increase.
Bae Woo Geun continues: “The exclusive personal contracts of the members are still being negotiated, but this has largely been reflected in the stock prices. Therefore, the announcement of contract extensions for two or more members is likely to play a significant role in raising stock prices.
However, from a cautious perspective, BLACKPINK is likely to continue resting. It is expected to return with the release of an album and performances, earliest in the fourth quarter of the following year. Consequently, the increase in sales due to the group’s contract extension is expected to start seriously from 2025.”
With predictions from financial experts, although the individual contracts of BLACKPINK members are still under discussion at present, the group is anticipated to engage in activities to make an early comeback around the fourth quarter of 2024. If this becomes a reality, it will be joyful news for all BLACKPINK fans eagerly awaiting the group’s comeback after the contract renewal.
