YG Entertainment has responded to a report that stated the agency will soon be receiving a special tax audit. A source from YG Entertainment told News1 on March 18, “We have not received a notice about a special tax audit.” Rumors had spread that YG Entertainment had recently received a notice from the Seoul Regional… Continue reading YG Entertainment Responds To Reports Of Tax Audit
Tag: YG Entertainment
YG To Take Legal Action Regarding Malicious Rumors About Female Artist
YG Entertainment is the next agency to step up in protection of a female celebrity. On March 13, the company released the following statement: This is YG Entertainment. As it has already been revealed via several reports, the rumors that were circulated online recently regarding our female artist are completely false and are malicious rumors. The… Continue reading YG To Take Legal Action Regarding Malicious Rumors About Female Artist
Breaking: YG Entertainment Announces Termination Of Seungri’s Contract
YG Entertainment and Seungri have parted ways. On March 13, the agency released the following statement: Hello, this is YG Entertainment. Starting with the assault case at the club that Seungri participated in, various suspicions and controversies have continuously arisen. We bow our heads and express deep apologies for causing trouble to many people including… Continue reading Breaking: YG Entertainment Announces Termination Of Seungri’s Contract
YG’s Stocks Drop After News Of Seungri Being Booked + Other Agencies’ Stocks Also Fall
YG Entertainment’s stocks plunged following news of the police booking BIGBANG member Seungri. On March 11 at 2:40 p.m. KST, YG’s stock prices fell 6700 won (approximately $5.90) and 15.61 percent to 36,850 won (approximately $32.47). YG’s stocks decreased for five days in a row starting February 26, when the first report about Seungri allegedly… Continue reading YG’s Stocks Drop After News Of Seungri Being Booked + Other Agencies’ Stocks Also Fall
Yang Hyun Suk Shares Documents Refuting Claims That YG Tried To Destroy Evidence Tied To Seungri
Yang Hyun Suk has personally stepped up to respond to allegations that YG Entertainment destroyed evidence related to Seungri’s Burning Sun incident. YG Entertainment had released a statement denying the accusations after the initial report, and Yang Hyun Suk has now provided more documentation. On March 4, he shared a series of photos to his… Continue reading Yang Hyun Suk Shares Documents Refuting Claims That YG Tried To Destroy Evidence Tied To Seungri
YG Responds To Allegations About Destroying Evidence Related To Seungri’s Burning Sun Controversy
YG has responded to a report that they had called in a document shredding service to destroy evidence regarding Seungri’s Burning Sun incident. According to a report from news outlet Chosun.com, on February 28 KST, two trucks from a document shredding service arrived at YG Entertainment’s headquarters. One truck driver arrived at 6:35 a.m. and… Continue reading YG Responds To Allegations About Destroying Evidence Related To Seungri’s Burning Sun Controversy
YG Entertainment Stock Prices Fall Following Reports About G-Dragon And Seungri
YG Entertainment’s stock prices have fallen following reports today about BIGBANG members Seungri and G-Dragon. On February 26 at 2:34 p.m. KST, YG’s stock prices fell 2,350 won (approximately $2.10) and 4.95 percent to 45,150 won (approximately $40.39). The report about Seungri speculated that he told employees to find prostitutes for potential business investors. These… Continue reading YG Entertainment Stock Prices Fall Following Reports About G-Dragon And Seungri
YG Entertainment Forwards Case Concerning Malicious Rumors To Prosecution
On February 12, YG Entertainment gave an update on the progress of the case against those who are making malicious comments and groundless rumors about YG artists. The first person to spread a specific groundless and malicious rumor of YG artists was a woman in her early 20s, and the suspect’s case was forwarded to the prosecutor’s office… Continue reading YG Entertainment Forwards Case Concerning Malicious Rumors To Prosecution
Yang Hyun Suk Shares Updates On New Music From iKON, WINNER, And More
As promised previously in a blog post last week, Yang Hyun Suk shared details regarding upcoming plans for iKON, WINNER, and more. His post begins, “I think this will be the final ‘FROM YG’ post of the first half of the year.” Regarding iKON, Yang Hyun Suk shared that B.I recently proposed a duo album with… Continue reading Yang Hyun Suk Shares Updates On New Music From iKON, WINNER, And More
Yang Hyun Suk Confirms Plans, Reveals Fan Club Name, And More For TREASURE 13
YG Entertainment is confirmed to debut a 13-member boy group! Earlier in the day, it was reported that the two new groups from “YG Treasure Box” will be promoting together and also separately. Yang Hyun Suk confirmed the news through a post on his blog FROM YG on February 7. At the beginning of the post, he… Continue reading Yang Hyun Suk Confirms Plans, Reveals Fan Club Name, And More For TREASURE 13