YG Entertainment
YG Entertainment Inc. (Korean: YG 엔터테인먼트) is a South Korean multinational entertainment agency established in 1996 by Yang Hyun-suk.[6] The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. In addition, the company operates a number of subsidiary ventures under a separate public traded company, YG Plus, which includes a clothing line, a golf management agency, and a cosmetics brand.[7]
Native name
YG 엔터테인먼트
YG enteoteinmeonteu
Various
February 24, 1996
Worldwide
- Yang Min-suk
- Yang Hyun-suk (19.3%)
- Naver Corporation (8.96%)
- National Pension Service (5.82%)
- Tencent (4.33%)
- Yang Min-suk (3.49%)
- Vanguard Group (2.06%)
- Others (56.04%)[2]
678 (2010)
Actor & Music
Current artists include Eun Ji-won, Akdong Musician, Winner, Blackpink, Treasure, and BabyMonster as well as actors and actresses including Cha Seung-won, Lee Sung-kyung, Jin Kyung, Jang Ki-yong, Yoo In-na, Son Na-eun and Yoo Seung-ho.
Former artists include Wheesung, Epik High, 1TYM, Big Mama, Gummy, Seven, 2NE1, Nam Tae-hyun, Lee Jong-suk, Psy, One, Lee Hi, Jinusean, Bang Yedam, iKon, Jisoo, Jennie, Rosé, Lisa, BigBang, and Sechs Kies.
Philanthropy[edit]
YG pledged to donate 100 won for every album sold, 1% of all merchandise sales, and 1,000 won for every concert ticket, to charities. In 2009, they raised US$141,000, and in 2010 $160,000.[133] The company has also directly delivered US$4,400 worth of charcoal to families in need during the winter season.[134] It announced that it would be donating around US$500,000 for disaster relief to Japan after the 2011 Tōhoku earthquake and tsunami.[135]
In 2013, Yang Hyun-suk made headlines when he donated all of the dividends he received as a shareholder of YG to help young children needing surgery. His dividends totalled around US$922,000.[136]
In 2015, YG donated a total of ₩100 million (US$92,450) to the Korean Committee for UNICEF in disaster relief following the earthquake in Nepal.[137]
In March 2022, YG donated ₩500 million to Hope Bridge Disaster Relief Association to help residents affected by wildfires in Uljin, Gyeongbuk, Samcheok, and Gangwon.[138]