''Worried about YG's reliance on BLACKPINK'' - Securities Analysts

3rd Quarter sales YG ENT:

Revenue: 114.6B

OP Profit: 15.53B

To the more interesting part...

SUMMARY REPORT

Securities companies are concerned that, in the absence of Big Bang, performance dependence on BLACKPINK is too high, and that there may be a performance gap if they do not renew their IP contracts.

Album sales in 3rd quarter were 2.78M copies. BP accounted for 92% of YG's album sales in the quarter. The initial sales of Treasure albums released in October recorded 400,000 copies, recording a negative growth compared to the previous album's 540,000 copies.

BLACKPINK's contribution to album sales is expected to be 61% this year, and music sales were driven by BLACKPINK and Bigbang. Both groups are set to renew their contracts next year, concerns are raised about a gap in their performance in the absence of these IPs (if none of those two Groupe renewed with YG).

There are not enough artists to contribute greatly to BLACKPINK's performance during BLACKPINK's inactive period. TREASURE's album growth has slowed recently, so expectations for BLACKPINK have risen.

Source: https://m.stock.naver.com/dome…/news/view/016/0002064741

Just saw the article on YG's stock market board. I follow the business/financial side of Kpop, so I thought I'd share.

Note: SM entertainment report on Nov. 14

Quote from One-and-only

I am curious about this how much 1 billion won equal to in dollars.

Just remove the 3 zeroes

Quote from the101

I'll be curious to see this. They've made some messy/poor decisions that seem would impact them financially (mistakes, errors, shipping delays, scheduling) but maybe they were doing well they didn't care.

It seems that all big ent companies have made these errors this year, but despite it all sales are on the upward. All stocks are also rising. More institutions are investing which is a good thing.

There was actually a big controversy in SM before regarding to Sooman and his 'alleged' paper company 'Like Planning' (a production company) this year. A bunch of SM's profits were found to be in his paper company angering investors. This uproar prompted to terminate the 'Like Planning' contract until this year. Analysts said to expect increase in profits by atleast 20B won next year due to this.

Sooman is the shadiest CEO (former) in kpop so far.