Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs 
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO 
Apple Turns 50: From Garage Startup to AI Crossroads 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
YG Entertainment's shares suddenly increased by as much as 29% not long after it was revealed that the four members of BLACKPINK have renewed their contracts with the agency. They are said to have signed an exclusive contract as a group.
YG Entertainment Inc. has been BLACKPINK's home agency for the past seven years, and Rose, Lisa, Jisoo, and Jennie decided to extend their contract. The announcement comes after months of speculations that the four members are leaving the company.
YG Entertainment's Stock Surge
According to CNBC, shares of the top K-pop talent agency soared after the four member's contract renewal. YG Entertainment's stock reportedly closed at KRW48,000 or about $36.58 per share on Tuesday, which is close to its low record this year of KRW47,000. But the next day, on Wednesday, Dec. 6, it increased at the open and reached an intraday high of KRW61,900 per share.
The confirmed renewal will now officially bring an end to the drama involving the BLACKPINK members and contract negotiations with YG Entertainment. Then again, the terms agreed by both parties were not revealed to the public. Plus, it is not clear if the new agreements are for long-term or short-term partnerships.
Global Popularity of BLACKPINK
Reuters reported that for months, YG Entertainment suffered unsteady share prices as reports stated that there is no assurance that BLACKPINK is renewing their contracts. Many publications said the four members may also sign with different talent agencies, putting their group promotion at risk.
These negative news reports put great pressure on YG Entertainment's stocks, which sent the number up and then suddenly declined. Now, fans will be relieved of worries as the girl group will continue to promote together under one agency.
"With strong trust, we signed an exclusive contract for group activities after having serious discussions with BLACKPINK," YG Entertainment said in a statement.
In any case, BLACKPINK is popular around the world, and it has also set a Guinness record for being the most-viewed channel on YouTube, with more than 90 million subscribers. Their concerts in various countries are always sold out as well.
Photo by: YG Entertainment Website
