With word going around that BLACKPINK member Jisoo has signed with her older brother's company as an artist, Korean media outlets are uncovering the reason why she ultimately chose to depart from YG Entertainment. Keep on reading to learn why.
BLACKPINK Jisoo Reportedly Signs With Older Brother's Company
BLACKPINK member Jisoo has reportedly become business partners with her older brother after deciding not to renew her contract with YG Entertainment for solo activities.
Naturally, Jisoo may easily cut the commission to be paid to the company and change the profit structure to her advantage. Furthermore, Jisoo's management will be able to delegate a number of service charges to BioMom at the corporate level. With four recruits a year if the recruiting announcement is successful, she stands to save a total of 100 million won for each labor cost.
Therefore, it is a win-win situation for both Jisoo's individual entertainment activities and her older brother's business. Jisoo will be reaping major benefits by adhering to the "business expansion family enterprise" concept without founding her own agency.
CHECK THIS OUT : 2023 K-pop Year-End Special: MOMOLAND's Disbandment, BLACKPINK Jisoo's Breakup, SEVENTEEN's Historic Album Sales, More!
What do you think of the situation? Tell us in the comments below!
KpopStarz Owns This
Written by Alexa Lopez
