YG Entertainment shuts down acting management business; to end contracts with Lee Sung Kyung, Lee Soo Hyuk and others

YG Entertainment is making subsequent changes to its working structure to focal level on its precedence, which is tune. The South Korean artist administration company announced on January 17 KST that they’ll pause all their actor administration contracts and be conscious of gorgeous singers.

The tag parted ways with its plump roster of actors, which encompass Kim Hee Ae, Cha Seung Won, Jang Hyun Sung, Yoo In Na, Jung Hye Young, Yoo Seung Ho, Lee Sung Kyung, Jang Ki Yong, Lee Soo Hyuk, Kyung Soo Jin, Han Seungyeon, Son Na-Eun, Gal So Won, Park So Yi, and extra.

YG Entertainment thanked the actors for the time they had been with the entertainment company with an legitimate commentary asserting, “We’d desire to sincerely thank the actors and actresses who labored with us throughout the years, to boot because the followers, for their care for and red meat up.” They also talked about taking unbiased appropriate care of their artists and wrote, “We can make sure that to give our artists with the red meat up that they want till the head.”

YGE used to be at the birth beautiful a musician administration company. It came into enterprise in March 1996 with practising and launching of local tune producers and dancers. Founded by dilapidated K-pop idol Yang Hyun Suk, the tag produced many winning artists, along side BIGBANG, 2NE1, WINNER, iKON, AKMU, BLACKPINK, and TREASURE. YG then wished to expand to diverse sectors and commenced taking in actors in 2014 by acquiring T Entertainment’s actors and workers. They also took in objects by acquiring the modeling company KPlus.

Alternatively, they are in the mean time planning to restructure and transfer serve to being beautiful a tune-centered tag. In fresh situations, YG has been streamlining its operations by cutting less winning ventures and specializing in its predominant enterprise. Closing year, they brought YGX under their World Coaching Center, utilizing its experience to spice up their tune operations. They are internalizing the musician practising center YGX and expanding its in-residence production team from 10 to 50.

The motive in the serve of YG’s decision to change its ability of working is believed to be BLACKPINK’s upcoming 2025 comeback, followed by a world tour. They are also reported to be busy with the packed schedules of BABYMONSTER, TREASURE and 2NE1.