Posts tagged ‘YG Entertainment’

News: Tencent and YG Entertainment Strike Deal for Exclusive Digital Distribution of Psy, Big Bang, 2NE1 and More K-Pop Stars

Tencent and YG Entertainment Strike Deal for Exclusive Digital Distribution of Psy, Big Bang, 2NE1 and More K-Pop Stars

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Korea and Japan aren’t the only countries in Asia with pop music markets, you know. The problem for China is that demand for its own homegrown Mandopop and Cantopop (Mandarin and Cantonese-language pop music, respectively) is not nearly as high at home as that for its more popular Korean neighbors and the music it produces. Chinese web giant Tencent stands to make a huge profit by entering a deal with Korean music label YG Entertainment—home to stars such as Psy, Big Bang and 2NE1—for sole distribution of some of Korea’s biggest acts online to the world’s largest population (from The Hollywood Reporter).

YG Entertainment has a talented portfolio of artists and this strategic partnership will instantly offer Korean fans in China a stream of high-quality music, songs and MVs [music videos],” said Tencent vice president Dowson Tong in a statement. “We look forward to launching exclusive YG content across our extensive services and raising our users’ experience to whole new levels.”

It’s a move similar to the deals that make Vevo the major provider of official music videos to services such as YouTube. The difference for YG is that China takes a much more hands-on approach to moderating content on video services such as YouTube, which helps prevent illegal versions of songs —which don’t result in royalty payments to performers—from being posted (but then again outright piracy in China is out of control).

Other hot products in China are Korean soap operas and fashions stemming from K-Pop. Tencent can’t do much about the clothes but be on the lookout for deals with Korean television producers with regards to streaming rights.

Credits: Music Times

Article: KpopStarz – “With Multiple Chart-Topping Hits, 2014 Is The Year Of YG Entertainment”

With Multiple Chart-Topping Hits, 2014 Is The Year Of YG Entertainment

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Korean media outlet OSEN recognized the recent accomplishments of YG Entertainment’s artists proclaiming “It’s Certainly YG’s Year!” The agency spotlighted the OSEN article through their company blog, YG Life, with the headline 2014 YG’s Year: 7-for-7.

The seven for seven aspect of the title refers to the achievements of YG Entertainment musicians at the MelOn Music Awards. Taeyang, Akdong Musician, WINNER, and 2NE1 were all award recipients as Top 10 Artists. Taeyang won Song of the Year for his hit “Eyes, Nose, Lips” while WINNER received the Best New Artist Award. Akdong Musician also received the Folk award for their song “200%” while 2NE1 were recognized with the Electronic award for their hit “Come Back Home.”

YG Entertainment artists are also leading in key categories for the upcoming Mnet Asian Music Awards.

In 2014, several YG artists made record-breaking comebacks, in addition to strong debuts from rookie artists. The success of YG has most recently been witnessed with G-Dragon and Taeyang’s unit single “Good Boy” which achieved an all-time on Korea’s real time charts while exceeding three million YouTube views in forty hours.

2014 kicked off with Crush, the second studio album from 2NE1, which was released in February 2014. In April, K-pop Star 2 champions Akdong Musician (AKMU) released the critically acclaimed debut album Play. Big Bang’s Taeyang released Rise in June to widespread commercial success, with the album achieving an all-kill on Korea’s real time charts and placing number one on iTunes in ten countries.

In addition to AKMU, rookie group WINNER had a strong debut in August 2014 with their album2014 S/S.

Epik High delivered a strong comeback in October with their album Shoebox. Shoebox has received widespread attention for its musical complexity and unparalleled collaborations on the track “Born Hater.”

“Born Hater” featured Bobby who was the champion of the hip-hop competition program Show Me The Money 3, who is set to debut with the upcoming group iKON. Bobby was also featured on unit release of Lee Hi and Lee Soo Hyun’s (Hi SuHyun) “I’m Different.”

 Do you think this is one of the best years YG has seen?

Why do you think 2014 has been such a strong year for the artists at YG Entertainment? Whose accomplishments are you most proud of?

Credits:

Article by: KpopStarz

Video: Elle Korea Shares Behind-The-Scenes of their “Share Happiness” Campaign Photoshoot with YG Stars

YAAAAAAAYYYYYYY! Finally, the behind-the-scenes video! Oh hello there gorgeous artists of YG! <3 “Hello, I’m YG Entertainment’s Park Sandara,” gah so so so cute! <3 And of course, watch her work that camera and you’ll find gorgeous, professional, kind Dara~! <3

Share Happiness with “YG Stars”!

Credits: elle 엘르

Twitter: YG Family’s Official Twitter Greets Dara a “HAPPY BIRTHDAY” and Shares A Gorgeous Picture

Happy, happy birthday to our dearest Dara unnie! Thank you for inspiring us to reach our dreams and be the best person that we can be! We wish you all the good things in life, love and in your career! Let’s look forward to more years spent together! We will always be here for you, no matter what happens! ^_^ Enjoy and have lots of fun on your very special day! We love you! <3

We wish for a DARAMA soon!!! Pretty, pretty please!!!! Sorry guys, I just can’t help myself! ^^

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FireShot Capture - YG Family on Twit_ - https___twitter.com_ygent_official_status_532186276254855169

Credits:

Source: YG Life

Capped and Re-uploaded by: OhDara

News: Louis Vuitton Seeks Massive Investment in YG Entertainment

Louis Vuitton seeks massive investment in YG Entertainment

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The world’s top-notch luxury brand group LVMH Moet Hennessy Louis Vuitton is on track to make a large scale investment in the 100 billion won range ($1=KRW970) in South Korea’s one of the top three entertainment companies YG Entertainment. The deal, if materialized, will become the first-ever for overseas luxury brand group to invest in the nation’s entertainment company. Reportedly, Louis Vuitton seeks business partnership rather than attempting to acquire management rights or make profits.

LVMH Moet Hennessy Louis Vuitton is the world’s leading luxury group whose brands include Bulgari and TAG Heuer while YG Entertainment has led the Korean pop culture across Asia with famous singers like Psy, Big Bang and 2NEI. The deal will likely help the two to create significant synergies in expanding their business.

LCapital Asia, a private equity firm (PEF) backed by Louis Vuitton group, is in last-stage negotiations to invest in YG Entertainment, according to investment banking industry in Hong Kong Tuesday. LCapital will likely decide on new rights issue in a third party allocation and invest worth at least 100 billion won, representing around 20 percent of YG Entertainment’s market capitalization worth 571.4 billion won.

The two are fine-tuning how much and how Louis Vuitton will invest after beginning negotiations secretly around June. Reportedly, they will likely opt for a third party allotment rights issue involving redeemable cumulative preference shares (RCPS).

Credits: MK News

Photos: 2NE1 T-Shirts Among Those Featured in “YG M.V CLIP T PROJECT” Collaboration with 29CM

The “YG M.V CLIP T PROJECT” is a collaboration between clothing brand 29CM and YG Entertainment. It will show the designs made from scenes from YG artists’ MVs. ^^ Artists Jo In Hyuk, Buzcha, and Hwang Minsic worked together to create the artwork for the shirts. ^_^ I am not sure if they allow orders from outside Korea though.. T_T Each shirt costs around $37 each.. ^^

Here are the 2NE1 shits from the  “YG M.V CLIP T PROJECT”.. ^^

Missing You

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Come Back Home

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Happy

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(more…)

Video: Arirang Match-Up – SM vs YG Entertainment

YG vs SM! I like what they said about YG being the home of talented musicians.. <3

Showbiz Korea – SM vs. YG Entertainment

Credits: ARIRANG KPOP

Article: SM, YG, JYP Report Record Combined Sales of USD$106 Million for First Quarter 2014 ~ “2NE1’s Crush Contributes to YG’s Success”

SM, YG, JYP Report Record Combined Sales of USD$106 Million for First Quarter 2014

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It has been a few months since we last looked at the financial health of the three major entertainment agencies. Now seems like a good time to see how they are doing in 2014. In May 2014, SM Entertainment (KOSDAQ: 041510), YG Entertainment (KOSDAQ: 122870) and JYP Entertainment (KOSDAQ: 035900) posted their 1st quarter financial results (For the period 01/01/2014 to 31/03/2014).

The results were interesting to see the least and there is a lot of information to digest so here is a brief summary of all the information we are about to cover in the rest of the article

  • Total combined sales for first quarter 2014 from the three agencies was approximately USD$106 million, which is a USD$33 million increase compared to last year
  • SM Entertainment’s total sales revenue was approximately USD$60.19 millionoperating profit was approximately USD$4.27 million and net profit was approximately USD$2.59 million
  • YG Entertainment posted total sales revenue of approximately USD$39.5 million while operating profit was approximately USD$7.4 million, with net profit being approximately USD$5.2 million
  • JYP Entertainment posted a total sales revenue of approximately USD$6.79 million, with operating income finally back in the black at approximately USD$298,000 and net profit also in the positive at approximately USD$843,000
  • All three agencies posted percentage increases in total sales YOY (Year over Year) while both YG and JYP saw percentages increases for operating profit and net profit
  • YG Entertainment has broken their previous first quarter records, helped by the success of 2NE1
  • JYP Entertainment has finally manage to post positive operating profit thanks in part to their merger last year

The numbers

First off, let’s talk numbers. It will help if you read up on how the companies were doing during the first half of 2013 in our previous article.

Just to make the comparisons between previous results contextually accurate, we will be assuming an exchange rate of 1000 KRW to 0.90 USD. Actual exchange rate is closer to1000:0.97 but given that these companies declare finances in KRW, there should be no major issues doing our general finance comparisons using the previous exchange rates.

YG Entertainment

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YG Entertainment has been all smiles for the last couple years, posting constant healthy increases in total sales, operating profits and net profits. They have seen plenty of success in the last year thanks to continued interest in PSY along with the relative success of  2NE1and Taeyang during the latter half of 2013.

In first quarter 2014, YG Entertainment posted total sales revenue of approximatelyUSD$39.5 million while operating profit was approximately USD$7.4 million, with net profit being approximately USD$5.2 million. These figures are also fairly impressive when compared YOY. Total sales revenue is up 36%, operating profit is up 31% and net profit isup 33%, which means that YG Entertainment has once again beaten their own records and has posted their best ever first quarter results.

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The success of “Crush” has helped YG Entertainment break their own records once again

These results were largely thanks to the success of 2NE1′s second album, “Crush,” which made up 13.5% of YG Entertainment’s total sales in first quarter 2014, bringing home approximately USD$5.35 million2NE1′s 2014 World Tour and Big Bang In Seoulconcerts also contributed positively to YG Entertainment’s first quarter results with total sales revenue of USD$4.57 million or 11.6% of total sales revenue.

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YG believes that performances like YG family family tour will help to maintain their momentum

YG Entertainment also expects to continue this momentum through the rest of this year with the 2NE1 world tour concertYG family world tour, PSY’s comeback and Big Bang’s comeback all scheduled to occur throughout the rest of the year.

(omitted parts not related to YG Entertainment)

Source: Soompi

Interview: Super Junior’s Heechul Mentions Sandara Park on M&B Magazine Interview ~ It’s All in the Perspective

Kang Yong Seok Meets Kim Heechul, From Stars to Idols

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After finishing your military duties, and seeing that YG has a more liberated image compared to SM, have you ever thought of moving to a different agency?

I think I’m more liberated (T/N: liberal/free-spirited) for even YG (laughs) I haven’t thought of it, I think that there’s dissatisfaction wherever company I made be, the dissatisfaction may be different for each company, but it exists all the same. For example, YG has this system wherein the YG artists only appear in only one or two broadcasts per week. In SM, artists appear in four broadcasts per week. To be honest, once or twice a week is more convenient, as it gives more time for preparation and sees to it that bodies are more comfortable. So in that aspect, I envy the YG kids. However, there was something funny that YG group, 2NE1’s Sandara Park once said to me, “Oppa, we envy the artists on SM for coming out on broadcasts a lot,” she revealed. So it made me think that it’s all about perspective.

*omitted parts not mentioning Dara or YG entertainment

Credits:

Source: M&B Magazine

Translated by: BlackjackBelle@OhDara/ SlaveTranslator@WeLoveDara

News: YG Life – “2NE1 To Appear on the Final Episode of ‘America’s Next Top Model'”

2NE1 TO APPEAR ON THE FINAL EPISODE OF “AMERICA’S NEXT TOP MODEL

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(서울=연합뉴스) 이은정 기자 = YG Entertainment’s girl group 2NE1 will appear on CW TV’s “America’s Next Top Model,” reality survival program in the U.S., for its season 21 finale.

According to several media outlets and fashion industry officials on March 26, 2NE1 was reportedly invited to appear on the show’s season finale as guests. Currently, a global supermodel and the host of “America’s Next Top Model Tyra Banks, along with the show’s participants, are filming in Seoul, Korea.

One of the officials explained, “2NE1 plans to appear as guests on the show’s season finale to watch the final participants to walk on the runway near the Banpo Riverside Park on April 2,” adding, “I heard that 2NE1 was invited to the show because they are not only a leading girl group of K-Pop, but also fashionistas with great sense of fashion.

“America’s Next Top Model” is a reality survival program in which participants compete with one another until the last winner remains in order to become the next top model. In Korea, the OnStyle channel aquired copyright of the show and aired it under the title, ”Top Model Korea.”

Tyra Banks and the production staff of the show has been traveling around the world to film every season. For the show’s final season to be filmed in Korea, the OnStyle channel submitted an application to a government-funded program, ”Location Incentive,” offered by the Korean Film Council (KOFIC) to make it possible.

Participants of “America’s Next Top Model” season 21 are filming five episodes in Seoul over the course of two weeks, experiencing Korean traditions and modern culture by visiting several places, such as Gyeongbok Palace, Gwanghwamun Square, Cheonggyecheon, Seoul City Hall, Gwangjang Market, Sinchon, and Dongdaemun.

Source: YG Life

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