BLACKPINK's hiatus harms YG Entertainment's profits of 2022

BLACKPINK has been on hiatus for more than 1 year and a half. Its label, YG Entertainment has been affected by this decision.

We all are waiting to see all the members of BLACKPINK on stage again. These beautiful ladies are constantly working in collaboration with the most prestigious fashion brands in the world. However, the fans want more music from the group.

2021 was a great year for the Idols and BLINK. Rose dropped her first singles "On The Ground" and "Gone". Just a few months later, Lisa rocked the world with her solo debut. "LALISA" and "MONEY" were global sensations.

BLACKPINK memebers / Twitter @BPINKSPAIN

The Midas effect of the four Idols is out of this world. They are already superstars with massive popularity. So, why aren't they releasing more music? Well, apparently, not just the fans are suffering the consequences but YG Entertainment as well. 

YG Entertainment's finances are affected by BLACKPINK's hiatus

On July 4th Korean media reported the current financial status of YG Entertainment. During the first quarter of 2022, the label sales fell by 22% compared with the same period last year. Its profits also fell by 36%.

The hiatus of BLACKPINK harms the whole agency. The giant label had some important comebacks this year including BIGBANG. However, the K-Pop monster didn't have too many promotions, so there are no significant profits.

BLACKPINK for its latest single 'Lovesick Girls' / Twitter @BLACKPINKVNZL

The last project of the girl group was "The Album", its first full album. Since October 2020 the Idols haven't dropped more music. There are tons of rumors about a comeback, but the label hasn't confirmed the information.

Recently, the members have been sharing some hints about their upcoming project. Jisoo and Jennie said that they already recorded something new. We can't wait to have more news about the comeback! What do you think about it?

Lisa is one of the most important women in the fashion world. She just got a new nickname. We are telling you everything.

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