YG Entertainment

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YG Entertainment Inc. (Korea: YG ??????) is a South Korean entertainment company founded in 1996 by Yang Hyun-suk. The company operates as record labels, talent agencies, music production companies, event management and concert production companies, and music publishers. In addition, the company operates a number of subsidiary businesses under separate public trading companies - YG PLUS, which includes clothing lines, golf management agents, and cosmetic brands. Currently one of the largest entertainment companies in South Korea.

Formerly home to artists such as Wheesung, 1TYM, Gummy, Se7en, Minzy, Park Bom, 2NE1, Nam Tae-hyun, Lee Jong-suk, and PSY, the current artist list includes Big Bang, CL, Dara, Epik High, Akdong Musicians , Lee Hi, Winner, iKon, Sechskies, Jinusean, Black Pink and One as well as actors and actresses including Kang Dong-won, Choi Ji-woo, Cha Seung-won, Lee Sung-kyung, Nam Joo-hyuk, and Yoo In- na.

Video YG Entertainment

Histori

1996-2005: Hip -karet akar, kesuksesan awal dan generasi pertama K-pop

In March 1996, Yang Hyun-suk, a former member of the first-generation K-pop group Seo Taiji and Boys, founded YG Entertainment along with his younger brother Yang Min-suk. The company's first artist was a hip-hop trio, Keep Six. When they failed to attract popularity, Yang turned his focus to the Jinusean duo and in 1998 to the 1TYM debut. Both are successful artists who give credit to YG Entertainment, and hip hop genres, to the flow of Korean music.

In 1999, YG Entertainment artist released a collaborative album under the name YG Family. The label is followed by releases from artists such as Perry, Swi.T, Big Mama, Lexy, Gummy and Wheesung. It also formed the label "YG Underground", which housed 45RPM and Stony Skunk. In 2001, the second YG Family album was released. Among others, he features 13-year-old G-Dragon, who was a trainee at the time.

The agency found success in Korea and Japan with its first Se7en singer "idol" in 2003, which became the company's first artist to try to cross to the US music scene, although his US debut failed to gain momentum.

2006-2011: Mainstream interruption

After the success of Se7en, YG Entertainment formed their first idol group, Big Bang in 2006. Despite the warm initial reception, group breakthroughs of the following year and their consistent popularity have made them one of the biggest and most bankable boy bands in the world. This was followed by YN's first successful girl group 2NE1 in 2009, which, before their split in 2016, is considered one of the most successful and popular women's groups in South Korea. Similarly with Seven, both groups made a successful career in Japan.

In 2010, YG Entertainment made a highly publicized move into a new building, while its old headquarters became a training facility. In the same year, the company did not successfully register for listing on the stock exchange; it is suspected that this is because the company has too few active music groups and unstable cash flows, despite an increase in revenue in 2009. Later that year, the label signed artist Psy.

2012-2015: International recognition and business expansion

2012 brought YG international acknowledgments when Psy "Gangnam Style" gained worldwide popularity as a viral video. On August 21st, it was mapped at number one on the iTunes Music Video Ladder. This achievement is the first for South Korean artists. On November 24th, "Gangnam Style" has become the most watched video in YouTube history, and the first video to surpass a billion impressions. The song is credited as the main reason for YG Entertainment's share price rising by more than 60 percent, with record labels submitting its first annual report in 2012 with a profit of more than 50% after going public at KOSDAQ the previous year.

That same year, the label signed rapper and producer Tablo, hip hop group leader Epik High, relaunched his career after a musical hiatus after the Stanford controversy. Band Tablo, Epik High then transitioned into a record label after its success.

Increased Engagement on the competitive reality television series caused several recording contracts with the contestants, starting with the first star K-Pop Star, Lee Hi. The other participants on the show were signed as candidates for future male label groups. In the second season of the show, the two winners, siblings du Akdong Musician and runner-up Bang Ye-dam, were signed under the agency. In addition, WIN's reality program: Who is Next was later launched by YG Entertainment, where two teams of male trainees competed against each other for the chance to sign a contract with the label to debut as the next boy band company. The conclusions of the reality series see the formation of the Winner.

In 2014, YG Entertainment acquired T Entertainment staff and actors including Cha Seung-won, Im Ye-jin, and Jang Hyun-sung. In addition, through the acquisition of the K-Plus model agency, he expanded his acting division through the acting debut of Lee Sung-kyung and Nam Joo-hyuk's models. YG also signed a contract with actress Choi Ji-woo. The giant private equity giant LVMH, L Capital Asia, later announced that it would invest up to US $ 80 million at YG Entertainment. Headquartered in Singapore, L Capital Asia will become the second largest investor in YG with 11.5% ownership, second only to Yang Hyun-suk 28%. In 2014 YG Entertainment also developed the beauty industry by creating the Moonshot brand of cosmetics.

In 2015, YG Entertainment invested nearly US $ 100 million in a new industrial complex based in Gyeonggi-do scheduled for completion in December 2018. Real estate in Seoul worth KRW16 billion (US $ 14 million) was also purchased for the purpose of expanding their headquarters. In that year, the company also saw the creation of two sub-labels, first led by Tablo and the second led by YG producer Teddy Park of 1TYM and Kush of Stony Skunk. In addition, the team members who lost to the reality series WINS: Who Next rejoins and debuts as iKON, along with new members.

2016-present: Recent developments

Sixteen years after the group's dissolution, K-pop's first-generation boy band Sechs Kies signed a contract with YG in May 2016 to relaunch their career. In the same month, Chinese technology company Tencent and Weiying Technology announced an investment of US $ 85 million in YG. Weiying took an 8.2% stake in the company and Tencent's 4.5% stake. YG then adds Lee Jong-suk, Kang Dong-won, and Kim Hee-jung to their actor list.

YG Entertainment debuted with four members of Black Pink in 2016, followed by a rapper solo One the following year. Later that year, YG launched a talent show titled Mix Nine , a contest between trainees from various agencies.

On May 15, 2018, it was announced that PSY would leave the company after 8 years.

Maps YG Entertainment

Partnership

Music distribution

YG Entertainment record is distributed by the following:

• Genie Music (Overall) , LOEN Entertainment (Specific release specific) - South Korea
• YGEX - Japanese
• BEC-TERO - Thailand
music
• Trinity Optima Production - Indonesia
• Tencent - China (online only)
• WMG - the rest of Asia (Taiwan, Singapore, Hong Kong, etc.)

Genie Music

In March 2010, seven record labels in Korea (including the three largest agencies: YG Entertainment, SM Entertainment, JYP Entertainment, Star Empire Entertainment, Medialine, CAN Entertainment and Music Factory) jointly founded KMP Holdings, a service platform aimed at providing digital music distribution and production of television programs. It is thought that this is a challenge for the duopoly of music distribution in Korea by Mnet Media and LOEN Entertainment. In November 2012, KMP Holdings was acquired by KT Music. In January 2014, seven institutions behind KMP Holdings formed a collective bond partnership and bought 13.48% of KT Music shares, leaving KT Corporation's holding company with 49.99%.

YGEX

YGEX was founded on April 12, 2011, as a partnership between AVEX and YG Entertainment for the promotion and release of all YG Entertainment materials in Japan. Prior to this, the Japanese release YG Entertainment had partnered with Nexstar Records, the Nippon Columbia label managing the Japanese release for Se7en, and Universal Music (which signed a three year exclusive contract in 2008 for the Big Bang Japanese release.)

Other partnerships

United Asia Management

In April 2011, United Asia Management was formed as a joint talent management agency between YG Entertainment, SM Entertainment, JYP Entertainment, KeyEast, AMENT, and Star J Entertainment.

Live Nation

YG Entertainment first collaborated with California Live concert promotional company Live Nation to produce Big Bang's Alive Galaxy Tour (2012). Live Nation next directed 2NE1 New Evolution World Tour (2012) and G-Dragon One of a Kind World Tour (2013). Live Nation Asia General Manager Mats Brandt said in an interview that the company considers Big Bang to have the potential to become a "global artist".

Asiana Airlines

Asiana Airlines signed an agreement with YG Entertainment in January 2013, providing transportation to its personnel from and to domestic and international destinations in exchange for advertising.

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Subsidiaries

Sub-label

HIGHGRND

HIGHGRND (read as "plateau") is an independent sub-label led by Epik High's Tablo. Announced in March 2015, the label was created by Yang Hyun-suk under the umbrella of YG Entertainment as part of its long-term goal to reach the Korean indie and alternative scenes. On June 21, 2015, Tablo introduced the band Hyukoh through Instagram as the first official label artist.

Black Label

Following the success of HIGHGRND, on September 22, 2015, YG Entertainment announced the creation of another independent sub-label, which will be led by YG Producer Teddy Park and Kush of Stony Skunk. The label currently overshadows Zion.T, the second best-selling Korean artist of 2015 after the Big Bang. On May 3, 2017, Okasian signed an exclusive contract with The Black Label. Danny Chung (formerly known as Decipher) has also signed a contract with The Black Label.

PSYG

On September 1, 2016, YG Entertainment's representative announced that Psy will lead an independent sub-label entitled PSYG, portmanteau "Psy" and "YG". The label was listed as a subsidiary in June and marked another chapter in the collaboration between Psy and Yang Hyun-suk's old friend, as it was revealed that the CEO of YG had implicitly promised the creation of a sub-label when Psy had signed on to the company in 2010 in the mid- amid personal difficulties, encouraged by his wife to work with YG founder.

YGX

Yang Hyun Suk announced in May 2018 a subsidiary named YGX, combining the Seungri DJ label, NHR. On June 4, in his official Instagram account he posted some business card drawings, indicating that BIGBANG's Seungri is the CEO of YGX. This label also includes a dance academy, called YGX ACADEMY.

YG PLUS

YG PLUS Inc., formerly Phoenix Holdings Inc., is a publicly traded media and advertising company acquired by YG Entertainment in October 2014. Yang Min-suk is appointed CEO of the company, with YG Entertainment owning 38.6% of the company's shares. Some famous clients include Coca-Cola, SK Telecom, and The Face Shop. YG PLUS currently has 100% YG K-Plus and YG Golf Academy, with minority interest in voyage to the Moon and NONAGON.

YG KPLUS

YG KPLUS (or YG K) is a partnership between YG Entertainment and Korean model management company K-Plus. The merger was announced on February 18, 2014 by co-CEO Yang Min-suk. In 2014, the K-plus model agency holds more than 170 models, including Kang Seung-hyun, Park Hyeong-seop, Lee Sung-kyung, Nam Joo-hyuk, and Choi Sora. Since the partnership, K-Plus models have appeared in YG artist music videos, as well as YG's brand advertising campaigns. YG Entertainment has also reportedly modeled YG K with roles in TV dramas, especially Nam Joo-hyuk at Who Are You: School 2015 and Lee Sung-kyung at It's Okay, That's Love > i>, and has officially transitioned the model to their acting division.

Moonshot

Moonshot, styled as a lunar launcher, is a cosmetics brand launched by YG Entertainment on October 2, 2014. Developed with Huanya China Group and in partnership with COSON cosmetics manufacturing company, the brand is named after the Apollo 11 lunar history in the moon. Cosmetics are manufactured in South Korea and sold online and in the store in Samcheong, where according to Paik Ho-jin, a brand employee, Chinese buyers account for 40-50% of subscribers. As part of YG's partnership with luxury French conglomerate LVMH, Moonshot was launched at 11 Sephora stores in Singapore and at 13 Sephora stores in Malaysia on September 24, 2015.

NONA9ON

NONA9ON is a luxury street-wear brand founded in early 2012 by YG Entertainment and a textile subsidiary of Samsung Cheil Industries. It operates through secondary retailers and pop-up stores, such as its first pop-up at Apgujeong's Galleria Department Store. Following its domestic success, the clothing line also quickly sold out at its first international pop-up store at 10 Corso Como stores in Milan, as well as other locations in Shanghai and Hong Kong. The brand is planning to open a pop-up shop in JayCo in Taiwan. It often features Bobby & amp; B. I am from iKon and Lisa from Black Pink in their ads and promotions.

YG Sports

YG Sports was formed by YG Entertainment in 2015 through the acquisition of G-AD Communication, a golf agency that handles popular South Korean professional golfers like Kim Hyo-joo, Lee Dong-min, Byun Jin-jae and Yoo Go-un. Leading golf coach Han Yeon-hee acts as an academy chief instructor, aiming to acquire golf course acquisitions, seek and nurture talent, organize golf tournaments, and retail.

YG STUDIOPLEX

YG STUDIOPLEX is a TV drama production company founded by YG Entertainment in April 2017. The studio will "specialize in Korean Wave content production" and enter the global marketplace. The studio was preceded by YG Entertainment's efforts to engage in the content production industry, following in the footsteps of SM C & amp; C and CJ E & amp; M's Studio Dragon. In 2016, YG participates in joint production with NBCUniversal by investing in SBS Moon Lovers: Scarlet Heart Ryeo. Since then, YG has also actively recruited program (PD) directors from various terrestrial broadcasters, including Producer Park Hong-gyun, who works on MBC Queen Seondeok (TV series) and The Greatest Love.

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Philanthropy

YG Entertainment promises to donate 100 won for every album sold, 1% of all merchandise sales, and 1,000 won for each concert ticket, for charity. In 2009, they raised US $ 141,000, and in 2010 $ 160,000. The company has also directly delivered charcoal worth US $ 4,400 to families in need during the winter. It announced that it would donate approximately US $ 500,000 for disaster relief to Japan after the 2011 T-hsu earthquake and tsunami.

In 2013, Yang Hyun-suk made headlines when she donated all the dividends she received as a shareholder of YG Entertainment to help children in need of surgery. The dividend amounts to approximately US $ 922,000.

In 2015, YG Entertainment donated a total of KRW100 million (US $ 92,450) to the Korean Committee for UNICEF in disaster relief after the earthquake in Nepal.

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Artist

Recording artist

Independent artist

Actor

Talent

Mantani artis

• 1996-1996: ENAM Jauhkan
• 2002-2004: Park Han-byul
• 2003-2004: XO
• 2002-2005: Swi.T
• 2003-2006: Wheesung
• 2004-2006: Dicari
• 2003-2007: Big Mama
• 2003-2007: Lexy
• 2005-2007: Soulstar
• 2005-2008: 45RPM
• 2004-2008: Brave Brothers
• 2007-2008: Kim Ji-EUN
• 2003-2008: STONY Skunk
• 20 ?? - 2011: Jung Sung IL
• 2003-2011: Digital Masta
• 2008-2011: YMGA
• 2009-2011: Huh E-jae ​​â € <â € <
• 2003-2013: Gummy
• 2003-2015: Se7en
• 2000-2016: Masta Wu
• 2009-2017: 2NE1
  • 2009-2016: Minzy
  • 2009-2016: Park Bom
    • 2013-2016: BOM HI
• Pemenang
  • 2014-2016: Nam Tae-hyun
• 2014-2017: Stephanie Lee
• 2014-2017: Lee Yong-woo
• 2003-2017: Ku Hye-sun
• 2016-2018: Jung Yoo-jin
• 2016-2018: Lee Jong-suk
• 2010-2018: Psy
• 2015-2018: Katie Kim

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discography

View YG Family

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See also

• Korean hip hop
• List of South Korean bands

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Note

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References

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External links

• Official website

Source of the article : Wikipedia