YG Entertainment announced it will be ending its actor management operations as part of a business restructuring. The company aims to concentrate on its core focus of music. YG stated it will provide full support to its actors until the end of their contracts.
On January 17, YG Entertainment announced that they will be ending their actor management operations as part of a business restructuring to concentrate on its core focus of music.
In a statement, YG shared, “We sincerely thank all the actors who have been with us and fans who have shown them so much love. We will spare no effort in providing the necessary support until the very end.” YG explained that they had individual conversations with each actor regarding their personal contract situations.
In recent years, YG has been gradually streamlining its less profitable business sectors and preparing to focus on its music business. Last year, the company absorbed YGX into its Global Training Center, internalizing its expertise and capabilities. Additionally, YG expanded its in-house producer team from around 10 members to over 50, further strengthening its production system. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies.
YG Entertainment Actor Management Business Restructuring Music Industry K-Pop
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opry Entertainment Group Acquires Majority Interest in Live Events Producer Southern EntertainmentOEG has invested in Southern Entertainment, a company that oversees a slate of country music festivals.
Read more »
Ralph Fiennes and Gerard Butler Went Toe to Toe in This Criminally Underrated War Movie That's Now Streaming for FreeCoriolanus, played by actor Ralph Fiennes, stands beside Tullus Aufidius, played by actor Gerard Butler.
Read more »
Financial Reflection: Experts Share Tips for End-of-Year Money ManagementAs the year draws to a close, financial experts emphasize the importance of reflecting on your finances. They offer advice on managing money effectively, avoiding feelings of shame, and setting yourself up for success in the new year.
Read more »
Year-End Financial Reflection: Tips to Avoid Shame and Improve Money ManagementAs the year comes to a close, financial experts encourage taking stock of your finances and making a plan for improvement. They emphasize the importance of self-compassion and acknowledge that managing money is a learned skill, not an innate talent. Common feelings of shame about financial decisions are addressed, and practical tips are offered to help individuals make positive changes.
Read more »
Year-End Celebrations and Entertainment: A Weekender PreviewThis Weekender edition offers a glimpse into fun activities for the Christmas weekend and highlights some of the year's biggest entertainment offerings. From Oscar-hopeful films premiering on Christmas Day to upcoming concerts featuring popular artists like Sabrina Carpenter and The Cure, there's something for everyone. The edition also touches on local events, including a look at ways to celebrate the new year in the Bay Area and a concerning story about a homeless girl exploited in the sex trade.
Read more »
The End of the 'End of History'?The article explores the decline of democracy globally since the 2003 invasion of Iraq and the rise of new actors meddling in the political transitions of other countries.
Read more »