Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
The quest to extend human life is both fascinating and fraught with moral peril 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Disney’s ABC Pulls Jimmy Kimmel Live! After Controversial Remarks on Charlie Kirk Killing 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Netflix Shuts Down Boss Fight Entertainment, Developer of “Squid Game: Unleashed” Amid Gaming Strategy Shift 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
YG Entertainment Inc., one of the leading entertainment agencies in South Korea, experienced a sudden drop in its share prices after it was reported that three of the BLACKPINK members had decided to leave the company.
According to Reuters, just one member of the famous girl group has renewed her contract with YG Entertainment. Various media outlets in the country said that industry sources revealed that Lisa, Jennie, and Jisoo are all moving to another label for the management of their respective careers.
Due to this report that has been spreading like wildfire in Korea, shares of YG Entertainment fell more than 13% on Thursday, Sept. 21. Then again, it was said that the entertainment firm that also houses BIGBANG, Winner, and AKMU has denied the reports of the BLACKPINK members non-renewal of their contracts.
Through a statement, YG Entertainment clarified that the contract renewal of Lisa, Jennie, Jisoo, and Rose is still being discussed. The talks are ongoing, and they have not reached a decision, so there is nothing to confirm yet at this point. Then again, some local media mentioned that YGE is negotiating with Lisa, who allegedly rejected two contract offers last week worth KRW50 billion or $37.6 million.
Meanwhile, CNBC reported that the stock price drop that YG Entertainment experienced this week was its lowest level in almost five months. The decrease caused the company’s share price to close at KRW69,200 per share - the lowest since May.
The latest update so far alleged that since Rose already decided to renew her contract with YG Entertainment, Lisa, Jennie, and Jisoo are engaged in a last-minute discussion with the agency. They are said to be arranging for a contract that will allow them to sign with other labels but will work as part of BLACKPINK for six months per year.
Photo by: YG Entertainment Website
