BLINKs, are you ready? Korean media reports BLACKPINK could be making a comeback as early as July 2022!
Keep on reading for all the details.
BLACKPINK Reportedly Making Comeback in July
On May 19, Korean media outlet JTBC News reported that BLACKPINK could be making a comeback as early as July this year.
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BLACKPINK has been on hiatus for nearly two years since the release of their first studio album, "THE ALBUM," in October 2020. While the members have been active in the fashion industry and solo projects, the number of group comebacks is relatively low.
Even though the members have appeared on domestic and foreign broadcasts this year and repeatedly hinted that they are preparing for new music, BLINKs continue to wait for an official announcement.
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According to JTBC News, BLACKPINK will be making a comeback in the third quarter of 2022 and is expected to continue activities and embark on a tour in the fourth quarter of the year.
Considering the standard five-week pre-order period for an album release, BLACKPINK is expected to make a comeback in July at the earliest.
Researchers Affirm BLACKPINK's Comeback This Year
Lee Hye In, a researcher at Yuanta Group, stated that BLACKPINK is expected to make a comeback in the third quarter and tour in the fourth quarter.
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YG Entertainment's performance in the first half was sluggish. In the first quarter, YG Entertainment's sales garnered revenue of 75.5 billion won and an operating profit of 6.1 billion won. This time last year, YG Entertainment saw a profit of 22.4 billion won.
The company's digital content sales have declined significantly. It is reported that YG Entertainment saw a high profit last year due to BLACKPINK's online concert and the activities from late 2020.
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Lee Nam Soo, a researcher at Kiwoom Securities, predicts that BLACKPINK's comeback will directly contribute to YG Entertainment's profit margins improving. In addition, they are considered the most anticipated artists of the year due to their long period of inactivity. Because of that, BLACKPINK is expected to help improve the label's earnings in the third quarter.
Lee Hye In also pointed out that during the time BLACKPINK will likely come back, major artists may not be releasing music at the time. Because of that, the chances of profiting from BLACKPINK are higher, thus a more significant chance of a comeback for the group.
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What do you think of the situation? Tell us in the comments below!
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Written by Alexa Lewis
