South Korea's YG Entertainment hit by Blackpink uncertainty

Agency's shares sink on talk of departure by Thai member Lisa, others

20230921 Blackpink Lisa

Questions over the future of Lisa, above, a Thai member of South Korean K-Pop group Blackpink, and other members are weighing on YG Entertainment's shares. © Getty Images

KIM JAEWON, Nikkei staff writer

SEOUL -- Uncertainty over the future of K-pop girl group Blackpink is casting a shadow over its management agency, YG Entertainment, as investors worry the star ensemble's possible breakup will hurt the Seoul-listed company's value.

Speculation that Lisa, a Thai member of Blackpink, may not renew her contract with YG and leave the company is dragging down its share price on South Korea's Kosdaq index after what has been a stellar performance this year.

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