Why is yg entertainment called yg
This feat was a first for a South Korean artist. By November 24, "Gangnam Style" had become the most viewed video in YouTube history, and the first video to surpass a billion views. That same year, the label signed rapper and producer Tablo, leader of the hip hop group Epik High, relaunching his career after a musical hiatus following his Stanford controversy.
Tablo's band Epik High later transitioned into the record label following his success. Other participants on the show were signed as potential members of the label's future boy groups.
On the second season of the show, both the winners, sibling duo Akdong Musician as well as runner-up Bang Ye-dam, signed under the agency. Additionally, the reality program Win: Who is Next was later launched by YG Entertainment, in which two teams of male trainees competed against each other for the chance to sign a contract with the label to debut as the company's next boy band.
The conclusion of the reality series saw the formation of Winner. Additionally, through the acquisition of modelling agency K-Plus, it expanded its acting division through the acting debuts of models Lee Sung-kyung and Nam Joo-hyuk. YG also signed a contract with actress Choi Ji-woo. In YG Entertainment also expanded into the beauty industry with the creation of its cosmetics brand Moonshot. Additionally, the members of the losing team from the reality series WIN: Who is Next regrouped and debuted as iKon, along with a new member.
Sixteen years after the group's disbandment, first-generation K-pop boy band Sechs Kies signed a contract with YG in May to relaunch their career. Weiying took an 8. YG Entertainment debuted the four-member Blackpink in , followed by the solo rapper One the following year. Later that year, YG launched a talent show titled Mix Nine, a contest between trainees from different agencies. Although the winning team was scheduled to debut as idols, YG revealed that the debut for the male winning group had been cancelled.
In January , the seven agencies behind KMP Holdings formed a collective bond partnership and purchased Prior to this, YG Entertainment's Japanese releases had been in partnership with Nexstar Records, a Nippon Columbia label that managed Japanese releases for Seven, and Universal Music which signed a three-year exclusive contract in for Big Bang's Japanese releases.
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". Asiana Airlines signed a deal with YG Entertainment in January , providing transportation for its personnel to and from domestic and international destinations in return for advertising. Announced in March , the label was set up by Yang Hyun-suk under the YG Entertainment umbrella as part of a long-term goal to reach out to the Korean indie and alternative scene.
On June 21, , Tablo introduced the band Hyukoh via Instagram as the label's first official artist. As of the release of this article, the artists in the label soon revealed that they had signed in with other labels and had other companies to distribute their new releases that year.
The label currently houses Zion. T, Korea's second best selling artist of after Big Bang. The label is also home to Jeon So-mi, who was reported to have signed with the label in September , and will debut mid The label was registered as a corporate subsidiary in June and marked another chapter in the collaboration between Psy and long-time friend Yang Hyun-suk, as it was revealed that the YG CEO had implicitly promised the creation of a sub-label when Psy had signed on to the company in amidst personal difficulties, having been encouraged by his wife to work with the YG founder.
Since the partnership, K-Plus models have appeared in YG recording artists' music videos, as well as YG-owned brands' advertisement campaigns. Moonshot, stylized as moonshot, is a cosmetics brand launched by YG Entertainment on October 2, Developed with China's Huanya Group and in partnership with the cosmetics manufacturing company COSON, the brand is named after Apollo 11's historical landing on the moon.
Following its domestic success, the clothing line also quickly sold out in its first international pop-up stores in 10 Corso Como shops in Milan, as well as other locations in Shanghai and Hong Kong. The brand plans to open a pop-up store at JayCo in Taiwan.
I from iKon and Lisa from Blackpink in their commercials and promotions. Leading golf coach Han Yeon-hee acts as the head instructor of the academy, which aims to venture into acquisition of golf courses, scouting and nurturing of talent, hosting of golf tournaments, and retailing.
The studio will "specialise in the production of Korean Wave contents" and enter the global market. In , Yang Hyun-suk made headlines when he donated all of the dividends he received as a shareholder of YG Entertainment to help young children needing surgery. Yang Hyun-suk, YG Entertainment's founder, has a 28 percent stake.
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In terms of revenue contribution, Big Bang is the company's biggest act A prominent entertainment company in South Korea, its record label is also one of the three big record labels in the K-pop industry, alongside SM Entertainment and JYP Entertainment. Official contents by YG Entertainment and its artists have cumulatively garnered more than 7 billion views and are subscribed to by more than 18 million users on individual artists' YouTube channels The company officially became a publicly traded company on November 23, Sloth Mode Reacts 11 5.
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