KBS Reveals New Testimony About Allegations Against Yang Hyun Suk Regarding Mediation Of Prostitution

On May 29, KBS’s “9 O’Clock News” reported additional details about the allegations against Yang Hyun Suk regarding prostitution meditation. According to KBS, the police have launched an internal investigation in the wake of the allegations, and they obtained testimony from someone involved with YG confirming that adult entertainment workers were present at the dinner in question.… Continue reading KBS Reveals New Testimony About Allegations Against Yang Hyun Suk Regarding Mediation Of Prostitution

Businessman Jho Low Clarifies He Met Yang Hyun Suk Via PSY + Denies Receiving Prostitution Services

Malaysian businessman Jho Low has denied the reports that Yang Hyun Suk solicited prostitution services for him five years ago. On May 27, “Straight” reported that Yang Hyun Suk and several high-ranking figures from YG Entertainment had been involved in soliciting prostitutes for two Southeast Asian investors in July 2014. Several Malaysian news outlets reported that Jho Low… Continue reading Businessman Jho Low Clarifies He Met Yang Hyun Suk Via PSY + Denies Receiving Prostitution Services

Police Ask For MBC’s Cooperation Regarding Allegations Of Yang Hyun Suk Mediating Prostitution

The police plan to find out the facts about Yang Hyun Suk’s alleged prostitution mediation. On May 28, a source from Seoul Metropolitan Police Agency’s Metropolitan/Provincial Special Detective Division mentioned the report by MBC’s investigative journalism show “Straight,” saying, “We are trying to contact MBC. We are checking the facts, and the issue is how [MBC] will cooperate with… Continue reading Police Ask For MBC’s Cooperation Regarding Allegations Of Yang Hyun Suk Mediating Prostitution

YG Entertainment’s Stock Prices Plummet After Yang Hyun Suk Faces Allegations Of Prostitution Mediation

YG stock prices have taken a fall after reports of Yang Hyun Suk’s alleged prostitution mediation. On May 27, YG Entertainment’s stock prices fell as soon as trading began, and by 3 p.m. KST, fell 12.50 percent (4,100 won, approximately $3.46) and concluded the day at 28,700 won (approximately $24.24), a near 50 percent drop from its… Continue reading YG Entertainment’s Stock Prices Plummet After Yang Hyun Suk Faces Allegations Of Prostitution Mediation

MBC’s “Straight” Reports Details Of Allegations That Yang Hyun Suk Mediated Prostitution Services

On May 27, MBC’s “Straight” reported on Yang Hyun Suk’s alleged mediation of prostitution services. In the new report, the program alleged that Yang Hyun Suk had been involved in soliciting prostitutes for foreign investors. According to the program’s sources, back in July 2014, several high-ranking figures from YG Entertainment accompanied two Southeast Asian investors… Continue reading MBC’s “Straight” Reports Details Of Allegations That Yang Hyun Suk Mediated Prostitution Services

YG Entertainment Denies Allegations By MBC’s “Straight” That Yang Hyun Suk Mediated Prostitution Services

YG Entertainment has denied claims that the agency’s founder Yang Hyun Suk mediated sexual services for foreign investors. On May 26, MBC’s “Straight” released a teaser video for their upcoming episode where they brought forth allegations that Yang Hyun Suk had solicited prostitutes for foreign investors. “Straight” claims that they have obtained evidence in the form of… Continue reading YG Entertainment Denies Allegations By MBC’s “Straight” That Yang Hyun Suk Mediated Prostitution Services

WINNER Talks About Making A Comeback Amidst Ongoing Controversies Involving YG Entertainment

WINNER has shared their thoughts on how it felt to make their latest comeback despite the ongoing controversies surrounding YG Entertainment. The group’s latest hit “Ah Yeah” has already grabbed the No. 1 spot on various major realtime charts, and the album also topped iTunes album charts in at least 19 countries. During an interview… Continue reading WINNER Talks About Making A Comeback Amidst Ongoing Controversies Involving YG Entertainment

Park Jin Young’s Stock Holdings Rise In Value As Lee Soo Man’s And Yang Hyun Suk’s Fall

According to a new report, JYP Entertainment founder Park Jin Young has overtaken Lee Soo Man to become the Korean celebrity with the highest-valued stock holdings. On April 21, the Korean website chaebul.com published a new list of the celebrities who hold the highest-valued shares of stock in their companies. The report declared that as… Continue reading Park Jin Young’s Stock Holdings Rise In Value As Lee Soo Man’s And Yang Hyun Suk’s Fall

Entertainment Industry Experts Vote On Key Players Representing Hallyu

From March 25 through 31, media outlet Sports Seoul surveyed 100 entertainment industry experts to gather their thoughts on key players in the industry. Each representative wrote down their top three votes for each category. BTS was voted as the top K-pop representative of Hallyu with 90 votes and also as the top representative of… Continue reading Entertainment Industry Experts Vote On Key Players Representing Hallyu

Yang Hyun Suk Reported To Have Violated Building Act Again Following Past Violations

In the midst of allegations of tax evasion, it has been reported that Yang Hyun Suk built an unauthorized extension of Building “A” in the neighborhood of Seogyo in the Mapo District. The issue has been raised that Yang Hyun Suk illegally raised the building again less than one year after he made corrections to the same… Continue reading Yang Hyun Suk Reported To Have Violated Building Act Again Following Past Violations

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