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YG Entertainment Stock Hits 15% Daily Limit on News of Louis Vuitton Investment

YG Entertainment Stock Hits 15% Daily Limit on News of Louis Vuitton Investment

SEOUL, Aug. 14 (Korea Bizwire) — Korea’s big-three talent agencies–SM Entertainment, YG Entertainment, and JYP Entertainment–are competing hard in launching new idol groups. Of these, however, only YG Entertainment has seen its share price soar recently while others are languishing in the market. According to financial investment sources on August 13, the top-three entertainment agencies have debuted [...]

Talent Agencies Recreate Themselves as Entertainment Groups

Talent Agencies Recreate Themselves as Entertainment Groups

SEOUL, Korea, Jan 27 (Korea Bizwire) –  Korea’s major talent management companies are transforming themselves into full-fledged entertainment groups. The pioneer in this move was SM Entertainment. In May 2012, the company changed its corporate name to SM C&C after acquiring a travel agency. In November in the same year, the newly named company took over [...]