Psy, Big Bang, other artists become YG shareholders
Apr 9, 2014
The decision allows the 18 YG artists to have a greater say in the agency’s recapitalization and business management process and become more prominent actors in YG’s operations. In February, YG Entertainment’s board of directors decided to increase the company’s capital by issuing new stocks worth 51.2 billion won. The new stocks will first be offered to existing shareholders, after which the fo...