SEOUL, Aug. 12 (Korea Bizwire) — Police said Tuesday they have launched an investigation into K-pop star G-Dragon and Yang Hyun-suk, the founder and chief producer of major agency YG Entertainment, over alleged violation of copyright law. Seoul’s Mapo Police Station began the probe after receiving a complaint in November from a composer who claimed [...]
SEOUL, Nov. 27 (Korea Bizwire) — Babymonster, YG Entertainment’s new girl group, made its debut Monday with its digital single “Batter Up.” YG Entertainment said the music and its video were released at midnight. Babymonster is the first girl group from the K-pop powerhouse in seven years since BLACKPINK. The rookie group consists of seven [...]
SEOUL, July 11 (Korea Bizwire) — YG Entertainment’s new girl group Babymonster will make its debut in September, the K-pop label said Tuesday. According to the agency, the group is now working on the choreography and music video for its debut song, which will be an intense hip-hop genre piece. It also said a lot [...]
SEOUL, June 6 (Korea Bizwire) — K-pop idol G-Dragon’s contract with YG Entertainment has expired, but the entertainment agency plans to discuss signing an additional contract with the singer when he resumes his music career, an agency official said Tuesday. “The exclusive contract with G-Dragon has expired,” a YG official told Yonhap News Agency, adding [...]
SEOUL, May 12 (Korea Bizwire) — K-pop powerhouse YG Entertainment said Friday it has confirmed seven members for new girl group Baby Monster and will debut it this fall. Baby Monster is YG’s first girl group project in seven years since BLACKPINK. The multinational septet is composed of three Koreans, two Japanese and two Thais. [...]
SEOUL, Dec. 30 (Korea Bizwire) — All six members of K-pop boy group iKON will leave YG Entertainment with the expiration of their seven-year contracts with the agency, the company said Friday. “After a long discussion about their future activities with iKON members (Bobby, Jay, June, Song, DK and Chan), we have agreed to end [...]
SEOUL, Feb. 8 (Korea Bizwire) — YG Entertainment, a leading K-pop management agency, said Tuesday it will jump into the burgeoning non-fungible tokens (NFTs) market in partnership with global blockchain and cryptocurrency infrastructure provider Binance. YG said it has signed a memorandum of understanding (MOU) to build a strategic partnership with Binance, under which both [...]
SEOUL, June 7 (Korea Bizwire) — Yang Hyun-suk, former CEO of K-pop powerhouse YG Entertainment, will face a criminal trial for allegedly attempting to cover up a drug scandal involving a singer-rapper, judicial sources said Monday. According to the sources, the Seoul Central District Prosecutors Office indicted Yang on May 28 on charges of having [...]
SEOUL, Feb. 10 (Korea Bizwire) – K-pop giants Big Hit Entertainment and YG Entertainment as well as global music powerhouse Universal Music Group have inked a partnership to nurture a streaming platform aimed at helping artists go global, the companies said Wednesday. Big Hit, the agency behind global sensation BTS, said YG and Universal have [...]
SEOUL, Jan. 27 (Korea Bizwire) — Big Hit Entertainment, the agency behind global star BTS, announced on Wednesday that it plans to invest 70 billion won (US$63 million) in YG Entertainment, one of the biggest K-pop agencies in South Korea. Under the deal, Big Hit and its affiliate beNX will invest 30 billion won and [...]