YG Entertainment, which faced a crisis starting with 'Burning Sun Incident' last year, is aiming for a rebound by releasing plans to comeback with artists including Big Bang.
Big Bang, which was considered to be YG's most cherished group, said on the 11th that it had finished its third contract. The unfortunate thing is that the US 'Cochella Valley Music & Arts Festival', which was scheduled for the first return stage in April, was postponed to October, but it is expected to resume activities within a short time, saying that it is preparing for a comeback this year.
Big Bang has been a significant player in YG sales for a long time with to tour, album and music revenue. Securities analysts expect the boy group to be able to achieve operating profit of up to 40 billion won in 2021 through a renewal contract.
Black Pink, which stands out as a global girl group, is also about to make a comeback. Black Pink, which is emerging as a cash cow for YG, earned a total of $ 3,813,43, or $ 43.43 million in world tours last year, according to touring data last year.
In addition, the news that Black Pink is participating in the new album of the world-famous pop star Lady Gaga is also raising expectations for global activities.
Written by Gong MinaTranslated by Lee So Yun
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