Rosé of Okay-pop woman group BLACKPINK smiles throughout an occasion to advertise her movie ‘Born Pink’, marking the group’s eighth anniversary, in Seoul on August 9, 2024.
Anthony Wallace | Afp | Getty Pictures
Shares of South Korean media firm YG Plus soared to a seven month excessive after the discharge of a collaboration monitor between Blackpink member Rosé and Bruno Mars on Oct. 18 topped streaming charts all over the world.
YG Plus shares climbed virtually 30% on Monday, and as a lot as 29.8% on Tuesday, after the monitor, titled APT reached the highest of Spotify’s Prime 50 World playlist and got here in fourth on iTunes’ Prime 100: Global chart.
The monitor is a reference to a South Korean consuming sport known as aparteu, or condominium in English.
The official music video on YouTube has garnered over 82.9 million views, reportedly surpassing Taylor Swift and Publish Malone’s Fortnight as the most important male-female duet debut of 2024.
Rosé debuted in 2016 as one of many 4 members of Blackpink, below Kosdaq-listed YG Leisure.
She left YG Leisure on the finish of 2023, and signed with The Black Label, a YG subsidiary, in addition to U.S. document label Atlantic Information for her solo profession.
Information from The Black Label are distributed by YG Plus, additionally a YG Leisure subsidiary.
YG Leisure shares climbed as a lot as 3.53% on Tuesday.
Regardless of the increase, the mum or dad firm’s shares have dropped 22.5% year-to-date, dragged by unsure situations going through the worldwide music trade.
South Korean pop stars are smashing information, acting at premier music festivals within the West and topping charts — however that stratospheric success has not been mirrored in the long run inventory efficiency of their administration companies.
