How much did Big Hit invest in YG?
The company said Wednesday (Jan. 27) that it would invest 70 billion won ($63 million) in a subsidiary of one of its biggest competitors, fellow K-pop agency YG Entertainment, in a “strategic collaboration” meant to create synergy by leveraging artist IPs in a wide range of ventures.
Who is YG Entertainment owned by?
Yang Hyun-suk
YG Entertainment
| Logo used since March 2013. | |
|---|---|
| Native name | YG 엔터테인먼트 |
| Owner | Yang Hyun-suk (16.95%) National Pension Service (9.33%) Naver Corporation (8.94%) Tencent Mobility Ltd. (4.32%) Yang Min-suk (3.49%) YG Entertainment Inc. (0.78%) Others (56.20%) |
| Number of employees | 678 (2010) |
Is YG owned by Big Hit?
BTS’ label Big Hit now owns part of rival K-pop company YG, home to Blackpink, while also striking a major deal with online platform Naver.
Is Big Hit bigger than YG?
BTS’s agency is overtaking Big 3 after investing $63M in rival YG Entertainment. Is Big Hit Entertainment, the entertainment agency of the biggest boy group in the world BTS, bigger than the historic ‘Big 3’ of K-pop industry comprising of SM, JYP and YG Entertainment?
How do I invest in YG Entertainment?
How to buy shares in YG Entertainment
- Compare share trading platforms.
- Open and fund your brokerage account.
- Search for YG Entertainment.
- Purchase now or later.
- Decide on how many to buy.
- Check in on your investment.
Is Bighit and YG Friends?
YG Entertainment and Big Hit Entertainment have formed a joint strategic partnership to further improve both agencies. According to the press release shared by YG Entertainment, they have formed a strategic partnership with Big Hit Entertainment and will cooperate in various forms.
Is YG still part of the Big 3 2021?
YG Entertainment has officially lost their ‘Big 3’ status.