BIGHIT did not "buy" YG....they have INVESTED.....INVESTED......money into YG....meaning (for all you dumb folks out here stating that bighit bought yg) bighit has put in money in yg ($63 million to be exact) with an expectation of receiving a profit. They didn't acquire anything.
Now, this will give 17.9% of stakes of YGPLUS to BIGHIT. YGPLUS is responsible for sports facilities, cosmetics line, merch distribution, advertising, and merchandising. BIGHIT most likely had another company do their merch for them which probably cost them a lot. YG is one of the few companies that manufactures and distributes it's own merch.
Also, articles state that the weverse deal is with ygplus acts.....and the only "acts" under ygplus are ygkplus acts, meaning only models and fashion industry professionals......DONT BE SURPRISED IF YOU DONT SEE YG ACTS ON WEVERSE
IN CONCLUSION COMPANY STANS ARE DUMB.....THIS DEAL IS FOR THE BENEFIT OF BOTH COMPANIES.....DONT TALK ABOUT BUSINESS WHEN YOU KNOW NOTHING CUZ IT MAKES YOU LOOK STUPID.....AND BIGHIT DID NOT BUY YG....K IM OVER THIS GOODBYE