JYP’s stock drop might be due to various factors, including internal decisions and mismanagement. For example, Twice’s decline in popularity was inevitable as newer groups, like Stray Kids, have started to take precedence in JYP’s strategy. Some argue that JYP hasn’t diversified or innovated much beyond their existing assets, which may have impacted stock performance.For investors, a "maven trading offer" could be worth exploring if you're looking for fresh insights on stock performance in the entertainment industry. Companies can bounce back, but strategy shifts are essential.
JYP stocks are down 28% YTD
-
-
-
-
-
Album sales are tanking
It's a big loss in revenue for all kpop companies
-
Album sales are tanking
It's a big loss in revenue for all kpop companies
It only makes sense, I guess. Albums are really only valuable when you can't listen to songs any other way besides in-person. With streaming and YouTube, you really don't need to buy an album. You can just download the song from YouTube or torrent it (though the former is much easier to do for casuals). Eith downloading for offline play, it's even easier than downloading. Even the physicals like photobooks can just be scanned.
Touring and appearances really are the bread and butter for groups going forward.
Participate now!
Don’t have an account yet? Register yourself now and be a part of our community!