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YG Entertainment, a prominent entertainment entity, has recently made headlines with the launch of its latest venture, BABYMONSTER, on November 27th. This event has sparked conversations and speculations regarding the repercussions of BABYMONSTER's debut on the financial scenario of the company. Specifically, there has been a notable change in YG's target stock price, which was lowered from 75,000 to 65,000 won by Yuanta Securities. This development has raised questions about the impact of BABYMONSTER on YG's financial dynamics and public perception in the market.
According to Lee, YG's performance growth in the streaming sector in 2024 is expected to either slightly increase by 0.5% or show stability compared to the previous year. However, the annual total number of recruits is expected to be around 600,000, resulting in a significant decrease of 73.
According to Lee, YG's performance growth in the streaming sector in 2024 is expected to either slightly increase by 0.5% or show stability compared to the previous year. However, the annual total number of recruits is expected to be around 600,000, resulting in a significant decrease of 73.
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