World Courant
Rosé of Okay-pop lady group BLACKPINK smiles throughout an occasion to advertise her movie ‘Born Pink’, celebrating the group’s eight-year anniversary, in Seoul on August 9, 2024.
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Shares of South Korean media firm YG Plus rose to a seven-month excessive after the discharge of a collaboration observe between Blackpink member Rosé and Bruno Mars topping the streaming charts on October 18.
Shares of YG Plus rose practically 30% on Monday and as a lot as 29.8% on Tuesday after the music, titled APT, reached the highest of Spotify. High 50 World Playlist and positioned fourth on iTunes’ High 100: WorldI graph.
The music is a reference to a South Korean ingesting sport known as apartu, or house in English.
The official music video on YouTube has been considered greater than 82.9 million occasions, reportedly surpass Taylor Swift and Put up 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, underneath Kosdaq-listed YG Leisure.
She left YG Leisure in late 2023 and signed with The Black Label, a subsidiary of YG, and with American document label Atlantic Information to pursue her solo profession.
Information from The Black Label do distributed by YG Plusadditionally a subsidiary of YG Leisure.
Shares of YG Leisure rose as a lot as 3.53% on Tuesday.
Regardless of the rise, the dad or mum firm’s shares are down 22.5% this 12 months, weighed down by the unsure situations going through the worldwide music trade.
South Korean pop stars are breaking data, acting at main music festivals within the West and topping the charts – however that stratospheric success just isn’t mirrored within the long-term inventory efficiency of their administration businesses.
Rosé and Bruno Mars’ APT takes YG Plus shares to a seven-month excessive
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