YG Entertainment shares end down 13% on report some BLACKPINK members leaving label

YG Entertainment

21/09/2023 07:36

SEOUL, Sept 21 (Reuters) - Shares of YG Entertainment
Inc  122870.KQ  closed down more than 13% on Thursday after a
media report that some members of South Korean K-pop girl group
BLACKPINK are not renewing their contracts with the label.
    Some BLACKPINK members have decided to leave YG
Entertainment, while only one member has renewed her contract
with the agency, a local media outlet reported, citing
unidentified entertainment industry sources. 
    

 (Reporting by Heekyong Yang; Editing by Kim Coghill)
 ((Heekyong.Yang@thomsonreuters.com;))