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YG Entertainment Chief Vows Full Cooperation with Investigations

YG Entertainment Chief Vows Full Cooperation with Investigations

SEOUL, Mar. 22 (Korea Bizwire) — The chief of the management agency of BIGBANG and other K-pop stars said Friday he will faithfully comply with the authorities investigating its suspected tax evasion and an alleged sex-for-favors scandal involving a former BIGBANG member. Yang Min-suk, chief executive of YG Entertainment, made the remarks to reporters before [...]

YG Ends Contract with BIGBANG’s Seungri in Wake of Scandal

YG Ends Contract with BIGBANG’s Seungri in Wake of Scandal

SEOUL, Mar. 13 (Korea Bizwire) — The management agency of K-pop band BIGBANG on Wednesday ended its contract with Seungri, a scandal-ridden star who is under probe for allegedly arranging sexual services for potential investors. The company, YG Entertainment, also apologized to the public for failing to properly manage the 29-year-old singer, who announced Monday [...]

Psy Sets Up Entertainment Agency

Psy Sets Up Entertainment Agency

SEOUL, Jan. 24 (Korea Bizwire) — Renowned South Korean singer-rapper Psy said Thursday he has established an entertainment agency to share his 19 years of experience in the industry related.  Psy disclosed the launch of his agency via Instagram, saying, “I’ve set up a company. The name of the company is ‘P Nation.’”   On the [...]

Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

Kakao Joins Hands with YG Entertainment for Japan ‘Webtoon’ Market

SEOUL, Jul. 30 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger, KakaoTalk, has joined forces with major talent agency YG Entertainment Inc. to tap deeper into the online comic market in Japan, industry sources said Monday. Although the two firms have not signed official tie-up deals, the collaboration is drawing [...]

K-Pop Entertainment Agencies Bulking Up Amid Fierce Competition

K-Pop Entertainment Agencies Bulking Up Amid Fierce Competition

SEOUL, March 16 (Korea Bizwire) — After reaching a breaking point in the music industry, major South Korean entertainment companies are now bulking up to gain a competitive edge in securing cultural content. At the forefront of this shift are SM Entertainment and YG Entertainment, two of the largest entertainment agencies in South Korea boasting the [...]

K-Pop Star Jung Yong-hwa to Enlist, Leaving Behind Cloud of Familiar Controversy

K-Pop Star Jung Yong-hwa to Enlist, Leaving Behind Cloud of Familiar Controversy

SEOUL, Feb. 8 (Korea Bizwire) – CNBLUE frontman Jung Yong-hwa is set to enlist in the armed forces come March 5, according to an announcement made on January 26 by his talent agency FNC Entertainment. The surprisingly sudden decision to fulfil his national duty, after it was revealed that Jung was investigated by police for [...]

BLACKPINK’s Japanese Album Tops Daily Oricon Chart

BLACKPINK’s Japanese Album Tops Daily Oricon Chart

SEOUL, Sept. 1 (Korea Bizwire) – Girl group BLACKPINK conquered Japan’s key music sales chart for the second consecutive day with its first album released in the neighboring country, its management agency said Friday. The team’s Japanese debut EP album titled “BLACKPINK” stood at No. 1 on Oricon’s Daily CD album chart as of Wednesday, [...]