{"id":2082845,"date":"2025-10-10T23:23:10","date_gmt":"2025-10-10T23:23:10","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2082845"},"modified":"2025-10-10T23:23:10","modified_gmt":"2025-10-10T23:23:10","slug":"k-pop-shares-up-slightly-most-music-stocks-fall-on-trump-tariffs-talk","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/k-pop-shares-up-slightly-most-music-stocks-fall-on-trump-tariffs-talk\/","title":{"rendered":"K-Pop Shares Up Slightly, Most Music Stocks Fall\u00a0on Trump Tariffs Talk"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tMusic stocks fell sharply this week amidst concerns about the ongoing U.S federal government shutdown, as President Trump\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/trump-says-weighing-massive-increase-tariffs-chinese-imports-no-reason-meet-with-2025-10-10\/\" rel=\"nofollow\" target=\"_blank\">latest threat<\/a> to levy \u201cmassive\u201d tariffs on goods produced in China dragged down markets on Friday (Oct. 10).\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOnly three stocks \u2014 Spotify, JYP Entertainment and HYBE \u2014 in the 19-company Billboard Global Music Index (BGMI) finished the week ended Oct. 10 with gains. Dragged down by numerous losses near or greater than 10%, the BGMI fell 1.9% to 2,899.73, its third consecutive weekly decline.\u00a0<\/p>\n<div class=\"injected-related-story \/\/ lrv-u-align-items-center u-align-items-flex-start@mobile-max  lrv-u-background-color-grey-lightest  lrv-u-flex lrv-u-flex-direction-column@mobile-max u-width-710@desktop lrv-u-margin-lr-auto lrv-u-margin-tb-1 u-margin-b-250@mobile-max u-margin-t-275@mobile-max u-margin-t-250@desktop u-margin-b-250@desktop u-margin-lr-n1@mobile-max lrv-u-border-b-1 lrv-u-border-color-brand-secondary-dark lrv-u-border-t-1 lrv-u-padding-tb-1  lrv-u-padding-tb-1@mobile-max lrv-u-padding-r-1@mobile-max lrv-u-padding-l-00@mobile-max u-grid-gap-18@desktop u-grid-gap-0@mobile-max\">\n<h3 id=\"title-of-a-story\" class=\"c-title  a-article-related-module-title a-article-related-module-title--color-brand-primary a-font-accent-xl u-font-weight-800 u-letter-spacing-0179 u-line-height-normal lrv-u-color-grey-dark bb-pro-related-stories-label lrv-u-text-transform-uppercase\">\n<p>\t\t\t\t\tRelated\t\t<\/p>\n<\/h3>\n<div class=\"injected-related-story-wrapper lrv-u-flex lrv-u-justify-content-space-between  a-children-border-vertical a-children-border--grey a-children-border-width-050\">\n<div class=\"o-card  lrv-u-width-100p\">\n<div class=\"o-card__image-wrap lrv-u-flex-shrink-0 u-width-191 u-width-150@mobile-max\">\n<div class=\"c-lazy-image   lrv-u-margin-b-00@mobile-max u-width-130px@mobile-max lrv-u-margin-b-00@mobile-max\">\n\t\t\t<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.billboard.com\/pro\/taylor-swift-fan-content-life-of-a-showgirl-break-records\/\" class=\"c-lazy-image__link lrv-a-unstyle-link\"><\/p>\n<div class=\"a-crop-6x4 a-crop-3x2@mobile-max\">\n<p>\t\t\t\t\t\t<\/p><\/div>\n<p>\t\t\t<\/a>\n\t<\/div><\/div>\n<\/div><\/div>\n<\/div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tMusic stocks fared better than major U.S. indexes, though. The Nasdaq dropped 2.5% and the S&amp;P 500 fell 2.4%. However, foreign exchanges that are less exposed to the U.S. trade war with China were better off. The U.K.\u2019s FTSE 100 rose 0.7% to 9,427.47. South Korea\u2019s KOSPI composite index jumped 1.7% to 3,610.60, and China\u2019s Shanghai Composite Index improved 0.4% to 3,897.03.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tJust as the KOSPI outperformed other indexes, K-pop companies were the best-performing music stocks of the week. JYP Entertainment\u2019s 2.2% gain made it the week\u2019s best performer. Fellow K-pop company HYBE was close behind with a 1.9% increase. SM Entertainment posted only a slight loss of 0.6%.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tStreaming services performed relatively well as a group. Spotify eked out a 0.7% gain, raising its year-to-date increase to 46.9%. Deezer managed a modest 0.9% decline to 1.16 euros ($1.35) while Netease Cloud Music fell just 1.2% to 253.00 HKD ($32.51). Tencent Music Entertainment dropped 2.0% to $22.44.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSiriusXM was the week\u2019s biggest loser, falling 10.1% to $20.93. The loss turned a slight year-to-date gain into a 6.4% loss in 2025. The next-worst decline came from iHeartMedia, which fell 9.8% to $2.59 after <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/awfulannouncing.com\/radio\/former-espn-star-sean-salisbury-among-iheartmedia-layoffs.html\" rel=\"nofollow\" target=\"_blank\">numerous<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/radioink.com\/2025\/10\/07\/iheart-begins-another-round-of-layoffs-ahead-of-q3-earnings\/\" rel=\"nofollow\" target=\"_blank\">news<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ramp247.com\/programming\/another-round-of-downsizing-at-iheartmedia\/\" rel=\"nofollow\" target=\"_blank\">outlets<\/a> reported layoffs at iHeart radio stations around the country.\u00a0<\/p>\n<div class=\"injected-related-story \/\/ lrv-u-align-items-center u-align-items-flex-start@mobile-max  lrv-u-background-color-grey-lightest  lrv-u-flex lrv-u-flex-direction-column@mobile-max u-width-710@desktop lrv-u-margin-lr-auto lrv-u-margin-tb-1 u-margin-b-250@mobile-max u-margin-t-275@mobile-max u-margin-t-250@desktop u-margin-b-250@desktop u-margin-lr-n1@mobile-max lrv-u-border-b-1 lrv-u-border-color-brand-secondary-dark lrv-u-border-t-1 lrv-u-padding-tb-1  lrv-u-padding-tb-1@mobile-max lrv-u-padding-r-1@mobile-max lrv-u-padding-l-00@mobile-max u-grid-gap-18@desktop u-grid-gap-0@mobile-max\">\n<h3 id=\"title-of-a-story\" class=\"c-title  a-article-related-module-title a-article-related-module-title--color-brand-primary a-font-accent-xl u-font-weight-800 u-letter-spacing-0179 u-line-height-normal lrv-u-color-grey-dark bb-pro-related-stories-label lrv-u-text-transform-uppercase\">\n<p>\t\t\t\t\tRelated\t\t<\/p>\n<\/h3>\n<div class=\"injected-related-story-wrapper lrv-u-flex lrv-u-justify-content-space-between  a-children-border-vertical a-children-border--grey a-children-border-width-050\">\n<div class=\"o-card  lrv-u-width-100p\">\n<div class=\"o-card__image-wrap lrv-u-flex-shrink-0 u-width-191 u-width-150@mobile-max\">\n<div class=\"c-lazy-image   lrv-u-margin-b-00@mobile-max u-width-130px@mobile-max lrv-u-margin-b-00@mobile-max\">\n\t\t\t<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.billboard.com\/pro\/record-label-market-share-q3-2025-republic-no-1-atlantic\/\" class=\"c-lazy-image__link lrv-a-unstyle-link\"><\/p>\n<div class=\"a-crop-6x4 a-crop-3x2@mobile-max\">\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/market-opener-billboard-2025-bb15-alvvino-1800.jpg?w=237&amp;h=147&amp;crop=1\" alt=\"Market, Label Market Share\" data-lazy-srcset=\"\" data-lazy-sizes=\"auto\" height=\"\" width=\"\"\/><\/p><\/div>\n<p>\t\t\t<\/a>\n\t<\/div><\/div>\n<\/div><\/div>\n<\/div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tLive Nation dipped 2.1% to $152.96, lowering its year-to-date gain to 18.1%. Earlier in the week, Wolfe Research <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.marketscreener.com\/news\/wolfe-research-adjusts-price-target-on-live-nation-entertainment-to-180-from-177-maintains-outper-ce7d5bd3d98ff62c\" rel=\"nofollow\" target=\"_blank\">increased<\/a> its price target to $180 from $177 and maintained its \u201coutperform\u201d rating on Live Nation shares. After finishing the week ended Sept. 12 at $173.73, Live Nation shares have fallen for four consecutive weeks and lost 12.0% of their value. Some of that decline could be attributed to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.billboard.com\/pro\/ticketmaster-sued-by-ftc-for-allowing-ticket-brokers-to-break-its-rules-for-profit\/\">the Federal Trade Commission lawsuit <\/a>filed on Sept. 18, but other live music stocks have dropped, too.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSphere Entertainment Co. had a rare losing week, falling 6.3% to $58.98. Earlier in the week, BTIG <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tipranks.com\/news\/the-fly\/sphere-entertainment-initiated-with-a-neutral-at-btig-thefly\" rel=\"nofollow\" target=\"_blank\">initiated coverage<\/a> of Sphere Entertainment Co. with a \u201cneutral\u201d rating. Sphere shares are up 38.9% year to date and have jumped 47.9% in the last eight weeks. Sister company MSG Entertainment was the week\u2019s third-worst performer, falling 8.4% to $41.77.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tGerman concert promoter and ticketing company CTS Eventim dropped 4.7% to 79.25 euros ($92.10). The company\u2019s recent downturn has mirrored that of Live Nation. After four consecutive losing weeks, CTS Eventim\u2019s stock price has fallen 8.8%.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOutside of K-pop, multi-sector companies \u2014 recorded music, publishing, merchandise and more \u2014 had an unusually poor week. Universal Music Group (UMG) fell 7.2% to 23.16 euros ($26.92). Warner Music Group dropped 5.3% to $32.08. Reservoir Media was down 2.3% to $7.60.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOnly a few companies have announced the dates for their third-quarter earnings releases. SiriusXM and UMG will be first out of the gate on Oct. 30, followed by Spotify on Nov. 4. \u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" target=\"_blank\" href=\"https:\/\/ubpass.co\/billboard\"\/><\/p>\n<div class=\"post-content-image \/\/  \">\n<figure class=\"o-figure   size-large alignnone lrv-u-max-width-100p\" style=\"width:100%; max-width:1024px;\">\n<div class=\"c-lazy-image   lrv-u-margin-t-125 u-padding-b-10 u-margin-t-26@mobile-max lrv-u-display-inline-block lrv-u-width-100p\">\n<div class=\"lrv-a-crop-16x9\" style=\"padding-bottom:calc((874\/1024)*100%);\">\n<p>\t\t\t\t\t\t<img class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/themes\/vip\/pmc-billboard-2021\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/01-graphs-101025-billboard-1200.jpg?w=300\" alt=\"\" data-lazy-srcset=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/01-graphs-101025-billboard-1200.jpg 1200w, https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/01-graphs-101025-billboard-1200.jpg?resize=300,256 300w\" data-lazy-sizes=\"(min-width: 87.5rem) 1000px, (min-width: 78.75rem) 681px, (min-width: 48rem) 450px, (max-width: 48rem) 100vw\" height=\"874\" width=\"1024\" decoding=\"async\"\/><\/p><\/div><\/div><figcaption class=\"c-figcaption  lrv-u-flex lrv-u-flex-direction-column a-font-accent-xs lrv-u-color-black u-margin-t-n4px lrv-u-padding-lr-00@mobile-max lrv-u-padding-b-1 u-font-size-11 u-line-height-19px u-word-spacing-n0156px u-letter-spacing-0026 u-padding-b-0625@mobile-max\">\n<p>\t\t\t\t\t\t\t\t\t<cite class=\"u-letter-spacing-0094 lrv-u-text-transform-uppercase lrv-u-font-size-10 u-margin-t-2px\">Billboard<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n<div class=\"post-content-image \/\/  \">\n<figure class=\"o-figure   size-large alignnone lrv-u-max-width-100p\" style=\"width:100%; max-width:1024px;\">\n<div class=\"c-lazy-image   lrv-u-margin-t-125 u-padding-b-10 u-margin-t-26@mobile-max lrv-u-display-inline-block lrv-u-width-100p\">\n<div class=\"lrv-a-crop-16x9\" style=\"padding-bottom:calc((218\/1024)*100%);\">\n<p>\t\t\t\t\t\t<img class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/themes\/vip\/pmc-billboard-2021\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/03-graphs-101025-billboard-1200.jpg?w=300\" alt=\"\" data-lazy-srcset=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/03-graphs-101025-billboard-1200.jpg 1200w, https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/03-graphs-101025-billboard-1200.jpg?resize=300,64 300w\" data-lazy-sizes=\"(min-width: 87.5rem) 1000px, (min-width: 78.75rem) 681px, (min-width: 48rem) 450px, (max-width: 48rem) 100vw\" height=\"218\" width=\"1024\" decoding=\"async\"\/><\/p><\/div><\/div><figcaption class=\"c-figcaption  lrv-u-flex lrv-u-flex-direction-column a-font-accent-xs lrv-u-color-black u-margin-t-n4px lrv-u-padding-lr-00@mobile-max lrv-u-padding-b-1 u-font-size-11 u-line-height-19px u-word-spacing-n0156px u-letter-spacing-0026 u-padding-b-0625@mobile-max\">\n<p>\t\t\t\t\t\t\t\t\t<cite class=\"u-letter-spacing-0094 lrv-u-text-transform-uppercase lrv-u-font-size-10 u-margin-t-2px\">Billboard<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n<div class=\"post-content-image \/\/  \">\n<figure class=\"o-figure   size-large alignnone lrv-u-max-width-100p\" style=\"width:100%; max-width:1024px;\">\n<div class=\"c-lazy-image   lrv-u-margin-t-125 u-padding-b-10 u-margin-t-26@mobile-max lrv-u-display-inline-block lrv-u-width-100p\">\n<div class=\"lrv-a-crop-16x9\" style=\"padding-bottom:calc((975\/1024)*100%);\">\n<p>\t\t\t\t\t\t<img class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/themes\/vip\/pmc-billboard-2021\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/02-graphs-101025-billboard-1200.jpg?w=300\" alt=\"\" data-lazy-srcset=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/02-graphs-101025-billboard-1200.jpg 1200w, https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/10\/02-graphs-101025-billboard-1200.jpg?resize=300,286 300w\" data-lazy-sizes=\"(min-width: 87.5rem) 1000px, (min-width: 78.75rem) 681px, (min-width: 48rem) 450px, (max-width: 48rem) 100vw\" height=\"975\" width=\"1024\" decoding=\"async\"\/><\/p><\/div><\/div><figcaption class=\"c-figcaption  lrv-u-flex lrv-u-flex-direction-column a-font-accent-xs lrv-u-color-black u-margin-t-n4px lrv-u-padding-lr-00@mobile-max lrv-u-padding-b-1 u-font-size-11 u-line-height-19px u-word-spacing-n0156px u-letter-spacing-0026 u-padding-b-0625@mobile-max\">\n<p>\t\t\t\t\t\t\t\t\t<cite class=\"u-letter-spacing-0094 lrv-u-text-transform-uppercase lrv-u-font-size-10 u-margin-t-2px\">Billboard<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i.imgur.com\/2HpFicp.png\" alt=\"Billboard VIP Pass\"\/><\/figure>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.billboard.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Music stocks fell sharply this week amidst concerns about the ongoing U.S federal government shutdown, as President Trump\u2019s latest threat to levy \u201cmassive\u201d tariffs on goods produced in China dragged down markets on Friday (Oct. 10).\u00a0 Only three stocks \u2014 Spotify, JYP Entertainment and HYBE \u2014 in the 19-company Billboard Global Music Index (BGMI) finished [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2082846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[22389,360132,48271,21932,352735,352736,336903],"class_list":["post-2082845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-donald-trump","tag-hybe","tag-jyp-entertainment","tag-music-news","tag-music-stocks","tag-stocks","tag-tariffs"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/10\/K-Pop-Shares-Up-Slightly-Most-Music-Stocks-Fall-on-Trump-Tariffs.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2082845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2082845"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2082845\/revisions"}],"predecessor-version":[{"id":2082847,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2082845\/revisions\/2082847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2082846"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2082845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2082845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2082845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}