There’s a huge corporate move in K-ent to end the week as YG Entertainment founder Yang Hyun Suk and his current CEO brother Yang Min Suk both announced they are stepping down at the company. Of course they remain major shareholders but neither will hold a management position and be involved with the operation of the entertainment powerhouse going forward. … Continue reading →
There’s a new player in K-drama production as the field clearly must be lucrative enough to still get companies willing to invest despite the drops in advertisers and licensing revenue. Music agency powerhouse YG Entertainment, home of one of the top boy idol group Big Bang and now disbanded girl group 2NE1, is branching into drama production by forming the … Continue reading →
It’s impossible to dispute numbers and on this one the might of the Chinese government and reach of its economy has spoken. Five months after the Chinese government placed a Hallyu ban, basically a hex on Korean idols and dramas making money in Mainland China, the fallout can now be definitely measured by the precipitous fall in stock prices of … Continue reading →
