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SM, JYP, and YG maintain 1st, 2nd, and 3rd place in entertainment companies' market capitalization

By beansss   Monday, March 19, 2018   51,889   14,632   316
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According to Korea Exchange, the entertainment industry's big 3 companies have maintained the same market capitalization rankings since the beginning of 2018, as of analysis reported on March 19. 

SM Entertainment's aggregate market value as of March 19 was reportedly 965,000,000,000 KRW (897,450,000 USD). This is an increase of 27.98% since January. JYP Entertainment's aggregate market value was reported at 734,000,000,000 KRW (682,620,000 USD), showcasing an increase of 54.20% since January. YG Entertainment's aggregate market value, meanwhile, saw an aggregate market value increase of just 3.44%, says Korea Exchange. The current increase value of KOSDAQ is measured at 10.34%, indicating that YG's market value has failed to increase in comparison. 

Meanwhile, SM Entertainment revealed back on March 14 that it would be purchasing the largest stock within entertainment labels Key EAST and FNC Add Culture. Experts predict that the activities of JYP groups such as GOT7, TWICE, and Stray Kids throughout 2018 will continue to contribute in the growth of JYPE's overall market value, while for SM Entertainment, large contributing factors will include veteran groups' large-scale concert tours, such as in the case of TVXQ and Super Junior
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