In the latest episode of the reality TV show “Hangout With Yoo” led by national MC Yoo Jae-suk, there are Korean stars with many familiar names such as HaHa, Joo Woo-jae, Park Jin-joo, Lee Yi-kyung, Lee Mijoo and Kim Seok-hoon visited YG Entertainment. Here, the stars made notable statements about Blackpink.

Specifically, when entering YG Entertainment, the “Hangout With Yoo” stars expressed surprise at the grandeur of the company’s headquarters. “How does YG make so much money?”, one of them asked and the others immediately answered: “Blackpink”. In fact, in the past few years, Blackpink has been the first name mentioned when talking about artists who can “carry YG Entertainment”.

As one of the most successful and famous idol groups in Korea, debuting in 2016, the four Blackpink girls have earned their management company hundreds of millions of dollars from music products and tours. shows around the world and blockbuster advertising contracts with luxury brands.

According to the latest financial report, revenue from Blackpink accounts for 85% of YG’s total revenue. Blackpink’s Born Pink World Tour is also one of the most epic tours in K-pop with revenue of more than 260 million USD for 66 performances.

Korean stars affirm that YG Entertainment makes a lot of money thanks to Blackpink

However, YG is currently facing many risks. Although Blackpink has renewed the group’s contract, the company has not yet succeeded in renewing the exclusive contracts with Jennie, Jisoo, Lisa and Rosé regarding personal schedules. Therefore, the group’s return schedule is difficult to determine.

After YG’s BabyMonster debut was not as expected, YG’s stock plummeted. BabyMonster is a new girl group launched by YG after 7 years, since Blackpink’s debut. However, BabyMonster’s debut was severely criticized. Along with the rapid development of rival HYBE, YG’s future is becoming more uncertain than ever.