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Saturday, May 4, 2024

It’s a Thai starlet phenomenon – S. Korea’s entertainment outfit YG shares price drop on news Lisa Blackpink will not renew contract

THE THAIS lovingly call her La Lisa. This Thai starlet who is just about in every billboard in Thailand is proving to be a real powerhouse in the entertainment industry right now.

The YG Entertainment stock in South Korea dropped by nearly 9% on Friday after reports in South Korean media stated that Lisa Blackpink of the K-Pop girl group BLACKPINK has rejected a contract renewal offer from the agency.

The stock price of YG Entertainment experienced its most significant one-day drop since September 2022.

South Korean news agency Star News reported that Lisa, a Thai member of the K-Pop girl group, rejected the contract renewal offer from YG Entertainment. The reported value of the contract was approximately 50 billion Korean won (approximately US$37.6 million or 1.3 billion baht).

This report follows…

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