YG Ends Actor Management..."Concentrating on music business".

YG Entertainment (hereinafter referred to as YG), an entertainment agency, announced today (17th) that it will reorganize its business structure to focus on its main job, music, and will end its actor management work as part of that.

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 until the end," he said.

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.Through the official announcement of Yang Hyun-seok, YG also announced that its artists will be more active than any other year this year. 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 through the "TREASURE 2025 FIRST US TOUR [SPECIAL MOMENT]" in April, along with its third full-length album this year.

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 said, "We have been steadily working on restructuring our business to focus on our main job. 2025 is the first year in which the efforts lead to results, he said. "While increasing the sustainability of existing IPs, we have added a sense of speed to discover and foster new IPs. We will continue to strengthen our core capabilities and solidify our leadership in the music industry, recording another growth history of YG," he said.

[Photo source = YG Entertainment]

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