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Ros é and Bruno Mars’ chart-topping suitable drives YG Plus shares to seven-month high


Ros é of K-pop lady team BLACKPINK grins throughout an occasion to advertise her movie ‘Born Pink’, noting the team’s 8th wedding anniversary, in Seoul on August 9, 2024.

Anthony Wallace|Afp|Getty Images

Shares of South Korean media firm YG Plus skyrocketed to a seven-month high after the launch of a cooperation track in between Blackpink participant Ros é and Bruno Mars onOct 18 covered streaming graphes.

YG Plus shares climbed up nearly 30% on Monday, and as long as 29.8% on Tuesday, after the track, labelled APT, arrived of Spotify’s Top 50 Global playlist and was available in 4th on iTunes’ Top 100: Globa l graph.

The track is a referral to a South Korean alcohol consumption video game called aparteu, or apartment or condo in English.

The official music video on YouTube has actually amassed over 82.9 million sights, reportedly surpassing Taylor Swift and Post Malone’s Fortnight as the most significant male-female duet launching of 2024.

Ros é debuted in 2016 as one of the 4 participants of Blackpink, under Kosdaq- noted YG Entertainment.

She left YG Entertainment at the end of 2023, and authorized with The Black Label, a YG subsidiary, along with united state document tag Atlantic Records for her solo profession.

Records from The Black Label are distributed by YG Plus, additionally a YG Entertainment subsidiary.

YG Entertainment shares climbed up as long as 3.53% on Tuesday.

Despite the increase, the moms and dad firm’s supplies have actually gone down 22.5% year-to-date, dragged by unpredictable problems dealing with the international songs sector.

South Korean pop celebrities are shattering documents, executing at leading songs celebrations in the West and covering graphes– yet that dizzying success has actually not been mirrored in the long-term supply efficiency of their administration firms.



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