YG Entertainment’s biggest shareholder Yang Hyun Suk recently sold 45,000 shares (5.8%) through after hours trading. He now holds 29.99% of shares, down from his previous 35.79%. Yang Min Suk, Yang Hyun Suk’s brother and YG’s CEO, also reduced his percentage ownership to 5.42%, disposing of 16,000 shares. The duo put a combined total of… Continue reading Why Did Yang Hyun Suk Sell 5.8% of His YG Shares?
Tag: YG Entertainment
Yang Hyun Suk Explains the Concept for 2NE1’s “Come Back Home” Music Video
2NE1 recently returned with music videos for the songs “Come Back Home” and “Happy” from their newly-released second album, and YG Entertainment head Yang Hyun Suk, who also edited the videos, personally explained the concept of the “Come Back Home” video. “Come Back Home” required a production cost of 500,000,000 won (approx. $467,000), and has… Continue reading Yang Hyun Suk Explains the Concept for 2NE1’s “Come Back Home” Music Video
WINNER Honored to be Guest Stars at 2NE1 Concert
The members of YG Entertainment’s new boy group, WINNER, said they were “very honored” to be the guest star at the 2NE1 concert. On March 2, WINNER performed as guest stars at the 2NE1 “All Or Nothing” concert held at the Olympic Park SK Olympic Handball Arena. The group performed, “Just Another Boy,” and “Go… Continue reading WINNER Honored to be Guest Stars at 2NE1 Concert
Actress Choi Ji Woo Joins YG Entertainment
On February 26, a representative of actress Choi Ji Woo stated, “Choi Ji Woo, who has been promoting under a one-man agency by herself, decided to join YG Entertainment. We are looking forward to expanding her career domestically and internationally.” With signing Choi Ji Woo, YG Entertainment set foot as an agency with a solid… Continue reading Actress Choi Ji Woo Joins YG Entertainment
Wishing a Happy Birthday to CL and Getting Ready for 2NE1!
“The Baddest Female” around, CL of 2NE1, celebrates her 23th birthday today (February 26 KST)! YG Entertainment uploaded a celebratory poster of the singer on its blog, yg-life.com, showing the diva looking like her usual fabulous self, decked out in a colorful two-piece dress. The words “New Album 2014 02.26” is also on the poster,… Continue reading Wishing a Happy Birthday to CL and Getting Ready for 2NE1!
Big Bang Wants to Release New Album in Summer
The members of Big Bang made a surprise visit to the exhibition put together by their label, YG Entertainment, and stated, “We want to release a new album this summer and perform as a group.” On February 21, four members of Big Bang minus T.O.P attracted attention as they visited the “YG Exhibition in Japan,”… Continue reading Big Bang Wants to Release New Album in Summer
G-Dragon Chosen as Cover Model for Global Lifestyle Magazine HYPEBEAST
Big Bang‘s G-Dragon has landed on the cover of men’s lifestyle magazine HYPEBEAST. YG Entertainment revealed on February 21, “HYPEBEAST has recognized G-Dragon as the representative icon of the synergy of music and fashion, and has thus been chosen as the cover model of the recently published first issue of 2014,” and continued, “He is also… Continue reading G-Dragon Chosen as Cover Model for Global Lifestyle Magazine HYPEBEAST
YG Entertainment Forms Alliance with Top Modeling Agency
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… Continue reading YG Entertainment Forms Alliance with Top Modeling Agency
SM and YG Become First Entertainment Companies to Join the Federation of Korean Industries
SM Entertainment and YG Entertainment have become the first entertainment companies to join the Federation of Korean Industries (FKI). On February 11, FKI held a board meeting at the FKI Tower Conference Center in Yeouido, Seoul. During the meeting, they announced that 54 companies, including SM and YG, have been approved as members of the… Continue reading SM and YG Become First Entertainment Companies to Join the Federation of Korean Industries
YG Invests 500 Million Won into Production for 2NE1’s Music Video
CEO Yang Hyun Suk invested approximately 500 million Won (roughly 470,000 USD) in 2NE1‘s music video, an amount comparable to the budget of a blockbuster flick! Although YG Entertainment has always produced music videos of sizable scale, the budget allocated for 2NE1’s music video production costs this time is an exceptional amount. In order to… Continue reading YG Invests 500 Million Won into Production for 2NE1’s Music Video