YG Entertainment Restructures to Focus on Music and Artist Growth
Jan 17, 2025
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YG announced on the 17th that it will end its actor management work.
YG said "We sincerely thank all the actors who have been with us and the fans who have sent us a lot of love. We will spare the necessary support to the end."
YG has been gradually preparing to focus on the music business. Last year, YGX was absorbed into the global training center and internalized its expertise and capabilities, and the production system was further reinforced by expanding the internal producers from around 10 to about 50.
As a result, Baby Monster, which made its official debut in April last year, successfully settled in the market at a rapid pace, with its first full-length release in November, global fan meetings, and global tours in its first year of debut. In addition, he drew enthusiastic responses with his outstanding capabilities, and at the same time achieved remarkable results, accumulating nearly 1.6 million album sales in his first year alone. With this momentum, he will start his world tour with a concert in Seoul in January this year.
YG also announced the active activities of its artists more than any other year this year through the official announcement of Yang Hyun-seok, the executive producer. In fact, TREASURE will continue its tight activities with a world tour in October, following performances in four cities, including New York, Washington, DC, Oakland, and Los Angeles in April, along with its third full-length album and third full-length release.
In addition, it has been fully prepared by setting up a separate project organization internally for BLACKPINK, which will begin its world tour at the same time as its comeback this year. It also plans to diversify systematic support and collaboration for YG's Mega IP, including 2NE1 activities that are successfully carrying out the 15th anniversary tour.
YG has been steadily working on restructuring its business to focus on its main job. 2025 is the first year in which the effort leads to results""While increasing the sustainability of existing IPs, we have added speed to the discovery and development of new IPs." We will continue to strengthen our core capabilities and solidify our leadership in the music industry, recording another growth history of YG."
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