On June 14, Yang Hyun Suk announced his decision to step down from his position at YG Entertainment. YG’s CEO and Yang Hyun Suk’s brother, Yang Min Suk, also announced that he is resigning. Yang Hyun Suk is not the CEO of YG Entertainment, but is the founder of the agency and his official position was… Continue reading Industry Insiders Speculate On Yang Hyun Suk’s Possible Influence Even After Officially Leaving YG Entertainment
Tag: YG Entertainment
Yang Hyun Suk’s Brother Yang Min Suk To Resign As YG’s CEO
YG Entertainment CEO and Yang Hyun Suk’s brother Yang Min Suk has announced his decision to resign. On June 14, the CEO shared the news with the company’s internal staff through an official letter. The statement reads as follows: To YG Family: To all those who have all been putting in effort in this recent environment, I would… Continue reading Yang Hyun Suk’s Brother Yang Min Suk To Resign As YG’s CEO
YG Entertainment’s Stocks Drop Following Reports Of Agency’s Alleged Ties To Police
YG Entertainment’s stock price has dropped below 30,000 won (approximately $25.30). As of June 14, YG Entertainment’s stocks are priced at 29,500 won (approximately $24.90), which is a 5.60 percent decrease from the previous day as well as the third day of its decline. Previously on June 12, Dispatch reported on B.I allegedly attempting to purchase illegal drugs with an individual… Continue reading YG Entertainment’s Stocks Drop Following Reports Of Agency’s Alleged Ties To Police
ACRC Gives Warning After News Outlets Identify Whistleblower Involved In Exposing YG’s Alleged Ties With Police
The Anti-Corruption and Civil Rights Commission (ACRC) has revealed that it may be taking legal action against media outlets that have revealed the identity of informant “A,” who recently submitted a document exposing YG Entertainment’s alleged ties to the police. On June 14, the Anti-Corruption and Civil Rights Commission stated through a press release, “Recently, we informed… Continue reading ACRC Gives Warning After News Outlets Identify Whistleblower Involved In Exposing YG’s Alleged Ties With Police
Task Force Team To Investigate B.I And YG On Suspicions Of Drug Use And Ties To Police
The police will begin to look into various suspicions that arose from the recent controversies involving B.I and his alleged attempt to purchase drugs. On June 14, Director Na Won Oh of the detective division at Gyeonggi Southern Provincial Police Agency revealed, “We formed an exclusive team that will be in charge of investigating suspicions that have… Continue reading Task Force Team To Investigate B.I And YG On Suspicions Of Drug Use And Ties To Police
Breaking: Yang Hyun Suk Announces Plans To Step Down From YG Entertainment
On June 14, Yang Hyun Suk shared his official statement regarding the recent controversies surrounding YG Entertainment. While denying the allegations, he announced his plans to step down from his position at YG Entertainment. The founder of the agency said, “I am so sorry to the fans who love YG and our agency celebrities. I… Continue reading Breaking: Yang Hyun Suk Announces Plans To Step Down From YG Entertainment
Attention Shifts To YG Artists’ Remaining Contract Periods Amidst Continued Controversies
With YG Entertainment facing many controversies, interest has shifted to artists who are still signed on with the agency. In March, YG Entertainment terminated their contract with Seungri, who left BIGBANG and the agency after the Burning Sun controversy broke out. Most recently, they terminated their contract with B.I on June 12 as he left… Continue reading Attention Shifts To YG Artists’ Remaining Contract Periods Amidst Continued Controversies
Jeon Somi Talks About Solo Debut Amid YG Controversies + I.O.I’s Reported Reunion
Jeon Somi has officially made her solo debut! The singer held a showcase for the release of her first solo single “Birthday” today. She shared her thoughts on her debut saying “I’m greeting the public in three years. I’m very nervous.” Jeon Somi also talked about her new agency and said, “I moved from JYP… Continue reading Jeon Somi Talks About Solo Debut Amid YG Controversies + I.O.I’s Reported Reunion
Netizens Sign Petition Asking To Ban Activities Of YG Entertainment Artists
With the recent controversies at YG Entertainment, petitioners have spoken up to request the suspension of the activities of the agency’s artists. In a government petition that was posted on the Blue House’s petition bulletin board on June 12, the original petitioner wrote, “YG Entertainment celebrities are constantly getting involved in drug and marijuana cases… Continue reading Netizens Sign Petition Asking To Ban Activities Of YG Entertainment Artists
“A” Exposes YG’s Alleged Ties With Police And Involvement In B.I’s Case
“A” has reported to the Anti-Corruption and Civil Rights Commission on suspicions of YG Entertainment’s ties to the police. On June 12, it was reported that B.I allegedly attempted to purchase illegal drugs from an individual referred to as “A” in 2016. During an initial investigation, “A” testified that they had delivered the LSD to B.I,… Continue reading “A” Exposes YG’s Alleged Ties With Police And Involvement In B.I’s Case