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On May 14, Mirae Asset Daewoo Securities mentioned what YG Entertainment’s efficiency through the first quarter of 2018 was like.

The brokerage revealed how YG Entertainment’s efficiency for this era fell in need of market expectations, main their goal inventory worth to fall by 6.eight p.c to 30,000 received (roughly $28.04).


Published on May 11, YG Entertainment’s working revenue for the primary quarter of 2018 was revealed to be 2.three billion received (roughly $2.1 million), an 84.four p.c lower when evaluating YOY (Year Over Year). Their gross sales income totals 77.three billion received (roughly $72.2 million), additionally a 27.7 p.c lower YOY.

Researcher Park Jung Yeop defined, “While there have been expectations for this quarter’s outcomes because it displays BIGBANG’s final tour earlier than their enlistments, the preliminary efficiency of [YG’s] new selection present ventures was missing.”

He continued, “In order for them to see revenue as a content material producer, it would take extra time. While the [YG-produced] ‘MIXNINE’ and ‘Do the Right Thing’ aired throughout final yr’s fourth quarter and this yr’s first quarter, the company misplaced shut to eight billion received (roughly $7.5 million) over the 2 quarters in manufacturing prices.”

Although Mirae Asset Daewoo Securities projected that YG Entertainment will inevitably see a lower in income with nearly all of gross sales from BIGBANG’s home and worldwide actions primarily gone in the interim — resulting from 4 of them being enlisted and Seungri’s upcoming enlistment —, they regarded favorably upon the subsequent era of artists underneath the company.

Park Jung Yeop commented, “Overall, the expansion from YG’s subsequent era of WINNER, iKON, and BLACKPINK shouldn’t be unhealthy. These three groups’ mixed ticket gross sales for their Japanese live shows this yr come out to be 37 p.c of BIGBANG’s whole viewers final yr of 1.44 million.”

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