Yang Hyun Suk buys more shares of YG Entertainment and says - “We are setting a goal to announce at least one new group within this year.”

"박진영보다 통 큰 사나이"…양현석 200억 줍줍에 '환호'

양현석 총괄 프로듀서가 200억원 규모 자사주를 매입했단 소식에 YG엔터테인먼트 주가가 23일 반등 중이다. 이날 오전 10시42분 기준 450원(1%) 오른 4만5400원에 거래 중이다. 이날 약세 출발한 주가는

n.news.naver.com

Executive producer YANG HYUN SUK's stake increased from 16.8 percent to 19.3 percent.

Executive Producer Yang explained that the buyback is not only aimed at enhancing shareholder value, but also expressing a firm commitment to the company's growth and the business it is preparing for this year.

YG Entertainment said, "We are aiming to announce one or more rookie groups within this year by launching a full-fledged project to discover and nurture global newcomers selected through local auditions not only in Korea but also overseas." He added, "This year, we will continue to enhance shareholder value by securing new growth engines through various activities of artists and targeting the global market," adding, "Executive producer YANG HYUN SUK's share buyback is the beginning of this commitment and effort."

Quote from Daisy_Queen

So the question is are they giving up on Baemon or Treasure

Well Ikon left

and no one knows what will happen with Winner

AKMU doesn't have plans for new music

this basically leaves just Blackpink, Babymonster, and Treasure in agency

pretty sure they can handle one comeback per year/year and a half for each of those groups

Quote from Kouss

Maybe a hip-hop focused BG. Hopefully a smaller group. Honestly a 4 person BG might go crazy if they’re good rappers and get good music.

they would need to be visuals too

and not being as controversial as Treasure's leader who is doing CA all the time, and poses as gangster

Quote from Daisy_Queen

Have higher expectations than I do

nah it was more on sarcastic side

there are much newer and smaller agencies which are doing much better job at promoting their artists than YG

YG is basically running on that hype train they've had in the past

but that train is old and at some point will run out of that coal, and steam and whatever...

Quote from Daisy_Queen

Id argue it already has

not yet miss not yet

just look at Babymonster youtube and IG subscribers/followers number

with one song they've build big international fanbase which will give them those views

and in future also CF's because those numbers will only rise

unless at some point we will learn that Ahyeon won't join and group will 'flop' in Korea in terms of digitals then situation might take an u-turn