Good for them, some people were insisting that it was YG that was blocking 2NE1 reunion and the Coachella performance had to done in secret because of that, this news seems to completely debunk that.
YG transfers trademark rights to iKON and lets them keep their name: Comeback in April w/ 143 Entertainment
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They're not obligated to. In fact it's uncommon that companies do this.
YG staff probably really like and have an attachment to them so this was a favor.
Business is Business and personal is personal. But it was nice of them.
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