Frater Asia Thailand Japan Indonesia Singapore Taiwan Philippines Entertainment film track actor CEO Booking Frater Asia Thailand Japan Indonesia Singapore Taiwan Philippines

Korea’s YG Entertainment Sets Yang Min-seok as CEO, Gives BabyMonster Official Debut – Global Bulletin

Reading now: 716
variety.com

Patrick Frater Asia Bureau Chief YG Entertainment, the firm behind K-pop sensation Blackpink, has appointed Yang Min-seok as its new, sole CEO.

The younger brother of company founder Yang Hyun-sun, he was previously joint CEO with Hwang Bo-kyun. The announcement was made shortly after YG’s annual shareholder meeting that closed the books on a year in which revenues climbed 65% to $430 million.

The firm, which recently denied that it had paid $30 million to retain its position with Blackpink (but saw the girl group’s individual members sign personal representation contracts with other agencies) is busily launching BabyMonster, another all-female act that is seen in some circles as a successor to Blackpink.

BabyMonster, which was formed late last year through reality TV show “Last Evaluation 2023,” is a seven part group with members from Korea, Thailand and Japan.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA