YG Entertainment has recently signed an investment contract with one of Korea’s top model company, K Plus.
CEO Yang Min Suk announced, “Our country’s models are receiving attention from around the world as much as K-Pop or Hallyu dramas. We look forward to the potential and possibilities for this field.”
He continued, ” Through the strategic cooperation and investments with the modeling field, our company will be able to become diversified and create a synergy.”
K Plus has been the agency for many top models for the past twenty years including Cha Seung Won and Park Dool Sun. It has been involved with many big name events. Around 170 models are signed with this company at the moment.
Through this alliance, YG is hoping to expand the company. It has also been noticed that YG is expanding their acting management with the recent signing of Cha Seung Won, Jang Hyun Sung and others.
YG is also looking into expanding into the clothing market with Samsung’s Cheil Industries by creating the brand, “Natural 9.” Forming an alliance with K Plus is assumed to be helpful to the clothing market expansion.
Some of the most successful model celebrities of the moment include Kim Woo Bin, Lee Jong Suk, Lee Soo Hyuk, Hong Jong Hyun, Ahn Jae Hyun, Lee Som, Jang Yoon Joo and many more.