The Investment Surge: Some Age and The Black Label
In a remarkable turn of events within the IT and investment sectors, Some Age, a prominent investment firm, has made headlines with its strategic early backing of Rosé’s agency, The Black Label. This partnership has proven financially lucrative, particularly following the release of the hit duet “APT,”featuring Rosé and Bruno Mars.
Financial Success from Musical Collaborations
The popularity of “APT”is forecasted to generate profits exceeding 20 billion won (approximately 14.2 million USD) for Some Age. This impressive financial gain underscores the effective synergy between high-profile artists and savvy investment strategies.
Investment Details and Valuation Trends
Back in February 2021, Some Age invested 2 billion won (around 1.4 million USD) in The Black Label, which at that time valued the agency at 150 billion won (approximately 106.5 million USD). This investment was part of the Sehan Venture Fund No. 14, which had earmarked a substantial 47.5 billion won (about 33.7 million USD) specifically for The Black Label.
Current industry assessments indicate that The Black Label’s valuation has ballooned to a staggering 1 to 1.5 trillion won (approximately 710 million to 1.065 billion USD). Analysts suggest that this figure could increase even further should the agency decide to go public.
The Impact of Rosé’s Star Power
Investment experts state that The Black Label’s corporate value has surged by over tenfold, a testament to Rosé’s immense star power and global appeal. The success of “APT”plays a significant role in this valuation leap, highlighting the lucrative nature of celebrity-led investments.
For further insights into this development, refer to sources such as X and Naver.
Explore more about how Rosé’s influence is reshaping the financial landscape of entertainment through this source.
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