YG zieht sich als CEO vom Label zurück nach B.I’s Drogenskandal. Earlier this year, however, the company was rocked when police in Seoul, South Korea “For the past 23 years have I devoted half of my entire life to grow YG [Entertainment],” Yang said in a statement. This resulted in Yang Hyun-Suk, founder of YG Entertainment and then-CEO Yang Min-Suk (who is Yang Hyun-Suk's brother) to ultimately step down from their respective positions within the … On the entertainment side, actors and actresses include Im Ye Jin, Kim Hee Ae… picture credit: 명곤 이. Your source for entertainment news, celebrities, celeb news, and ​celebrity gossip. Yang Hyun Suk has officially stepped down as the CEO of YG Entertainment amid the drug scandal involving the leader of boy band iKON, Kim Hanbin. Veröffentlicht am 14. The founder of YG Entertainment addressed all the reports personally by stating, "First of all, I am extremely apologetic for causing trouble to many people due to suspicions that are continuing to arise every day.Including the Dispatch report from today, all of the suspicions that have been brought up until now are only the one-sided claims of the informants and are not true at all.YG is refraining from taking media action or [releasing] statements regarding these matters. Following the Burning Sun scandal involving Big Bang's Seungri, accusations of corruption surrounding Yang Hyun-suk and a drug scandal involving iKon leader B.I, Yang Hyun-suk stepped down and resigned from all positions in YG Entertainment and his brother, Yang Min-suk, resigned as CEO on June 14, 2019. On the artist side, these include Blackpink, BTS, iKON, 2NE1, Big Bang, and Psy, among many others. Yang Hyun-suk, the head and co-founder of K-pop giant YG Entertainment, has resigned as the label remains engulfed in sex and drug scandals.

The accusation is that the political powers favored YG Entertainment and doled out unfair (and even illegal) benefits for YG Entertainment.

Yang Hyun-suk, founder of YG Entertainment has officially resigned from his role as CEO and chief producer as numerous artists have become involved in high-profile scandals. Am 12. Juni 2019 Bearbeitet & veröffentlicht von Barbara. © Copyright 2020 Rolling Stone, LLC, a subsidiary of Penske Business Media, LLC.
“But today I am leaving all my duties at YG. Last but not least, I believe the truth beneath all the rumors and what is currently being reported will be probed thoroughly.”Recently, Yang has been accused of trying to cover up allegations that B.I., the lead singer of YG outfit iKON, used illegal drugs. I will straighten out the basics in order for YG Entertainment to take a step forward. This resulted inThis news came as shock in South Korea's entertainment industry as Yang Hyun-Suk founded and lead the company for over 23 years. YG itself is also under investigation for tax evasion, while it’s believed the company fostered a corrupt relationship with local police, who knew about illegal activity but weren’t actively investigating it.The fallout from the Burning Sun scandal has caused YG’s stock to plummet, while Seungri was ultimately forced into Yang Hyun Suk founded the agency in 1996, and it became apart of what is known as the “Big Three” entertainment agencies in South Korea, alongside SM Entertainment and JYP Entertainment. This is due to the belief that it is proper to thoroughly reveal the exact truths through investigative agencies.We anticipate that the truths regarding the continuous false claims and suspicions will be revealed in the future.We earnestly make a request to all reporters so that speculative reports are not reproduced expansively. Yang Hyun-suk, the co-founder and head of the giant K-pop label, agency and production company, YG Entertainment, has resigned amid a series of scandals, Variety reports. The talent agency made several statements yesterday, first and foremost, announcing their newly appointed CEO, Hwang has been with YG Entertainment since 2001 and was previously an executive director and CFO of the company, prior to her recent appointment. Founder of K-Pop Label YG Entertainment Resigns, Here's Why The management agency has been shaken recently by numerous scandals. Check out the hottest fashion, photos, movies and TV shows! K*POP News . With that came the question of Yang's successor, and YG Entertainment answered those questions on 20 June. Entertainment company, multiple artists have faced allegations of drug use, prostitution, corruption, bribery, sexual assault YG being stabilized as soon as possible is what I am hoping from the bottom of my heart. Chadwick Boseman Talks Emotional Bond With Terminally Ill Kids "On top of a new CEO, YG Entertainment also announced that the board of directors have decided to launch a new business transformation committee in order to relook some of the current processes the company is practicing. We want to hear from you!

Send us a tip using our anonymous form. Yang Hyun-suk, the co-founder and head of the giant Founded in 1996, YG Entertainment has been home to some of the biggest K-pop acts of the past few decades including Psy, Big Bang, 2NE1 and Blackpink. Yang Hyun-suk has announced he is stepping down from his role as chief producer at K-Pop agency YG Entertainment, following a string of scandals in recent months.

Authorities in South Korea are reportedly also investigating claims that Yang provided prostitutes to potential investors. Check out the hottest fashion, photos, movies and TV shows!One of the "Big 3" talent management companies, YG Entertainment has been plagued with multiple scandals and controversies in the past few months.
Your source for entertainment news, celebrities, celeb news, and ​celebrity gossip. "As of writing this article, the newly appointed CEO, Hwang, has yet to make any statements addressing media reports and scandals surround YG Entertainment. With regards to her new CEO position, Hwang had this to say, "I feel heavy responsibility and a sense of duty during this difficult time.