From Feb 26~28, the stock price of YG had fallen to 764.7 billion won, which was a loss of 99.1 billion won (-11.5%) in 4 days. Yang Hyun Suk, who owns 16.12% of YG's stock, was reported to have 132.5 billion won on the 28th, which was decreased by 17.2 billion won.
From Feb 26~28, SM's stock fell by 3.4% and JYP's stock fell by 4.4%. SM's stock price on the 28th was 1071.7 billion won, surpassing JYP's (1008.7 billion won) and YG's.
On the 28th, Lee Soo Man (19.15% of SM) was reported to have 204.2 billion won, which was decreased by 7.3 billion won. At the same time, Park Jin Young (16.03% of JYP) was reported to have 159.4 billion won, which was decreased by 7.3 billion won.
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Researcher Han Sang Woong: "January and February are slow months for digital sales because not a lot of artists release albums or do promotions."
Researcher Park Sung Ho: "Last year, BTS was a huge success and it brought enormous international profits for domestic artists, which led to increased stocks. The same growth can be expected for this year as well."
Anonymous researcher: "Seungri was already planned to enlist and most of the Bigbang members are in the army. Seungri wasn't an important factor to YG's profit in the first place. His scandal won't be a big hit to YG's fundamental."
Anonymous researcher: "If the current accusations turn out to be true, people might lose their interest in Bigbang and it could damage the brand value of the agency. If the accusations are false, it could actually be a chance for a rally in stocks. It's too early to judge before the result of the ongoing investigation is out."
(Stocks of the big 3 from Feb 28, 2018 ~ Feb 25, 2019)
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Article: YG's stock price decreases by 99.1 billion won due to 'Seungri Katalk'... SM, JYP, and other entertainment agencies show a similar decrease
Source: JoongAng via Naver
1. [+206, -4] Isn't YG a drug manufacturer? If marijuana gets legalized, they'll be the leading stock company.
2. [+88, -5] What a joke. YG's Yang CEO, who is a delinquent that runs an adult entertainment establishment, deserves to flop. Boycotting YG.
3. [+43, -1] I also want Seungri to stop appearing in the media. Just live however you want instead of appearing on TV with your fake actions.
4. [+40, -0] Celebrities who do bad things socially and commit crimes need to be buried permanently!
5. [+25, -7] The whole country's a mess because of some male singer.
6. [+13, -0] It's these vulgar trashes that are sweeping money and power. These delinquent monsters will only keep coming out...
7. [+9, -0] He looks like an ajussi.
8. [+8, -0] Idol agencies ruined this country's culture in many ways.
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