Name: Nura Syazana Diyana BT Halmi STUDENT NUMBER: 2014267816 GROUP: AC220 5S Lecturer'S Name: Madam Noor
Name: Nura Syazana Diyana BT Halmi STUDENT NUMBER: 2014267816 GROUP: AC220 5S Lecturer'S Name: Madam Noor
Name: Nura Syazana Diyana BT Halmi STUDENT NUMBER: 2014267816 GROUP: AC220 5S Lecturer'S Name: Madam Noor
SUMMARY
YG ENTERTAIMENT
YG Entertainment is a South Korean entertainment company founded by Yang Hyunsuk based in Seoul, South Korea. YG Entertainment is diversifying its business areas, and
has been showing much potential in becoming the content leader of the global culture. Since
1996, YG Entertainment has produced and introduced leading artists, such as Jinusean,
1TYM, PSY, SE7EN, BIGBANG, 2NE1, Lee Hi, Akdong Musician, Winner, and others, to the
world of music. YG's current expansion has a significant impact on the stock market. YG was
listed on KOSDAQ in 2011, and recorded over $113M in revenues in 2013. YG also opened
an official channel on Youku, known as the Chinese version of Youtube, which recently
started working with Samsung. On this channel, K-pop will of course be featured, as well as
other Korean contents, making it the first of its kind. YG has consistently been able to
develop artists to lead the global market and aims to become a world-class, iconic brand in
entertainment. YG has been expanding across Asia as well as the rest of the world through
the establishment of YG Japan, YG Asia, and YG USA and also has been expanding its
business portfolio to include businesses such as fashion (NONA9ON), cosmetics
(MOONSHOT,NATURAL 9), modelling agencies (YG K-PUS) , golf business (YG GOLF
ACADEMY) and holograms among other business areas.
YG Entertainment has entered into definite agreements for an investment by L
Capital Asia, the Asian private equity firm sponsored by LVMH Mot Hennessy Louis Vuitton
S.A. (LVMH), The investment symbolizes the official fostering of a strategic partnership
between YG Entertainment and L Capital Asia and The investment in YG Entertainment will
be the 18th investment by L Capital Asia and its first in Korea. YG said that partnership with
L Capital Asia, the most influential player in the Lifestyle consumer market, will be an
exciting trigger in YGs growth in creating the newest trends.