BLACKPINK’s Concert Revenue Reportedly Not Enough To Save YG Entertainment
BLACKPINK traveled the world for their In Your Area world tour. While it was highly publicized and received good reviews from those who attended, netizens pointed out that the concert revenue was smaller than how much YG Entertainment currently needs.
BLACKPINK reportedly earned around $65 million USD for their world tour.
While a significant amount, it is said to be hardly enough to cover the declining revenue of YG Entertainment.
They are already set to lose $60 million USD due to their lowering stock value, tax investigations, and recent court rulings. This puts a great burden on BLACKPINK who is their company’s top earner at the moment.
What do you think about the situation?
Source: Naver
Share This Post
No comments: