His dividends totalled around USD 922,000 In 2013, Yang Hyun Suk made headlines when he donated all of the devidends he received as a shareholder of YG Entertainment to help young children needing surgery. It announced that it would be donating around USD 500,000 for disaster relief to Japan after the 2011 Tohoku earthquake and tsunami. The company has also directly delivered USD 4,400 worth of charcoal to families in need during the winter time. YG Entertainment pledged to donate 100 won for every album sold, 1% of all merchandise sales, and 1,000 won for every concert ticket, to charities. General Manager of Live Nation Asia, Mats Brandt, said in an interview that the company considered Big Bang to have the most potential to become a 'global artist'Īsiana Airlines signed a deal with YG Entertainment in January 2013, providing transportation for its personnel to and form domestic and international destinations in return for advertising. Live Nation subsequently directed the 2NE1 New Evolution World Tour 2012 and the G-Dragon 2013 1st World Tour : One of a Kind. YG Entertainment first collaborated with Californian concert promotion company Live Nation to produce Big Bang Alive Galaxy Tour 2012. In April 2011, United Asia Management was formed as a joint talent management agency between YG, SM Entertainment, JYP Entertainment, KeyEast, AMENT, and Star J Entertainment WMG - rest of Asia (Taiwan, Singapore, Hong Kong, etc) YG later added Lee Jong Suk, Kang Dong Won and Kim Hee Jung to their list of actors. Weiying took a 8.2% stake in the company and Tencent a 4.5% stake. In the same month, Chinese technology enterprises Tecent and Weiying announced an investment of USD 85 million in YG. Sixteen years after the group's disbandement, first generation K-pop boy band Sechs Kies signed a contract with YG in May 2016 to relaunch their career. Additionally, the member of the losing team from the reality series WIN: Who Is Next, who were forced to disband after losing, regrouped and debuted as iKON, along with new member. In that year, the company also saw the creation of two sub-labels, the first led by Tablo and the second headed by YG producers Teddy Park of 1TYM and Kush of Stony Skunk. Real estate in Seoul worth KRW 16 billion (USD 14 million) was also purchased for the purpose of expanding their headquarters. The complex is slated to be complete by December 2018 In 2015, YG Entertainment invested nearly USD 100 million in a new Gyeonggi-do based industrial complex, housing recording studios and performance facilities, as well as a recreational tourism complex.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |