SEOUL, Aug. 10 (Korea Bizwire) — For a group that debuted less than 72 hours ago, the hopes and anticipation riding on TREASURE, the new boy band under YG Entertainment, as well as the pressure it has come to bear, couldn’t be bigger or heavier. As arguably this year’s “monster rookie” in K-pop, the media [...]
SEOUL, Aug. 7 (Korea Bizwire) — Following in the footsteps of BIGBANG, WINNER and BLACKPINK, YG Entertainment’s ambitious boy band TREASURE officially debuted Friday, with its 12 members thanking fans who have waited for the launch since the group’s creation through an audition television show. TREASURE is YG’s first new K-pop act in four years [...]
SEOUL, March 11 (Korea Bizwire) — K-pop boy band BIGBANG has renewed its contract with the current agency, YG Entertainment, ahead of the band’s new music release planned for this year, YG said Wednesday. “The BIGBANG members, G-Dragon, Taeyang, T.O.P and Daesung, signed an exclusive contract with YG,” the management said in a press release. [...]
SEOUL, Aug. 30 (Korea Bizwire) — Yang Hyun-suk, the scandal-ridden former CEO of YG Entertainment, returned home early Friday morning after undergoing a daylong questioning by police about the allegations that he engaged in habitual gambling abroad and arranged sex services for foreign investors. The 49-year-old Yang emerged from the office of the Seoul Metropolitan [...]
SEOUL, Jun. 17 (Korea Bizwire) — Putting behind his personal history of growing from a sensational K-pop idol to an entertainment guru, Yang Hyun-suk recently resigned from his posts as CEO and chief producer of YG Entertainment over festering drug issues involving its artists. YG is one of South Korea’s big three K-pop agencies along [...]
SEOUL, Jun. 15 (Korea Bizwire) — The head of South Korean entertainment powerhouse YG Entertainment offered to resign Friday over rising drug allegations against its artists. “As of today, I want to put down all my titles and duties at YG Entertainment,” said Yang Hyun-suk, CEO and chief producer of YG Entertainment, which manages BIGBANG. [...]
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 [...]
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 [...]
SEOUL, Feb. 26 (Korea Bizwire) — YG Entertainment, the management agency that represents boy band BIGBANG, denied a media report Tuesday that member Seungri attempted to buy sexual services for foreign investors in his new business. “We asked him about the matter and want to confirm that the article is based on fabricated text messages [...]
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 [...]