YG Entertainment’s stock price proceeds to drop further. On June 12, Dispatch reported on B.I allegedly attempting to purchase illegal drugs. The rapper then personally announced his departure from iKON, and YG confirmed that he will be leaving both his group and agency. As of June 12, YG’s stocks are priced at 31,950 won (approximately $27), which… Continue reading YG’s Stocks Continue To Fall Following B.I’s Departure From iKON
Tag: YG Entertainment
YG Confirms B.I’s Departure From iKON And Agency
Following Dispatch’s report and B.I’s post on Instagram, YG Entertainment has released an official statement regarding the drug purchase allegations and B.I’s departure from iKON. YG Entertainment’s statement is as below: This is YG Entertainment. We bow our heads and apologize for disappointing everyone with our artist Kim Han Bin’s problem. Kim Han Bin is… Continue reading YG Confirms B.I’s Departure From iKON And Agency
Lee Hi Is Asked About Making A Comeback Amidst Controversies Surrounding YG Entertainment
On May 30, Lee Hi sat down for an interview to talk about her new mini album “24℃.” The new album is her first comeback in three years, with “Seoulite” having been released in 2016. During the interview, she was asked about the recent controversies surrounding her agency, YG Entertainment. WINNER was asked a similar question when… Continue reading Lee Hi Is Asked About Making A Comeback Amidst Controversies Surrounding YG Entertainment
Yang Hyun Suk Reportedly Emails YG Employees And Denies Involvement In Prostitution Mediation
Yang Hyun Suk has personally addressed reports about his attendance to a dinner meeting where prostitution was allegedly mediated. On May 27, MBC’s investigative journalist program “Straight” aired an episode about Yang Hyun Suk’s alleged involvement in prostitution solicitation from the past. The program reported that in July 2014, several high-ranking figures from YG Entertainment accompanied… Continue reading Yang Hyun Suk Reportedly Emails YG Employees And Denies Involvement In Prostitution Mediation
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
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
More Details Reported On YG’s New Hip Hop Show Featuring Song Mino, Zion.T, And More
Further details have been reported on a new hip hop program by YG Entertainment! On May 23, a source from the entertainment industry stated that YG Entertainment is currently preparing a hip hop audition program called “My Major is Hip Hop” (literal title). Initial reports about the program were first released in August 2018 with more details in… Continue reading More Details Reported On YG’s New Hip Hop Show Featuring Song Mino, Zion.T, And More
Yoo Byung Jae Confirmed To Leave YG Entertainment
Yoo Byung Jae will be parting ways with YG Entertainment. On May 21, the agency shared the following statement: Hello. This is YG Entertainment. After discussion with Yoo Byung Jae ahead of the expiration of his contract with YG, the mutual agreement was made to conclude our management activities in early June. We express gratitude… Continue reading Yoo Byung Jae Confirmed To Leave YG Entertainment