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In a significant change, YG Entertainment is restructuring to focus solely on music. This decision ends its actor management operations, resulting in the departure of notable actors like Kim Hee Ae and Cha Seung Won. The company expressed gratitude to these artists and fans for their support. YG promises to stand by them until the end of their contracts.
With this restructuring, YG Entertainment is intensifying its commitment to music. The integration of YGX into a global training center underscores this focus. The internal production team has grown from about 10 to over 50 members. This expansion aims to enhance the quality and reach of YG’s music productions.
The strategy is already yielding results. Baby Monster, which debuted in April 2022, has achieved remarkable success. They sold nearly 1.6 million albums in their first year and are currently engaging fans through global tours. This success highlights YG’s potential to cultivate new talent that resonates with audiences worldwide.
Looking ahead, YG has an ambitious schedule for 2023. Groups like Baby Monster and Blackpink are preparing for multiple album releases and world tours. The company also supports its established properties, such as the ongoing 15th-anniversary tour of 2NE1. This showcases YG’s dedication to a diverse yet focused portfolio.
As YG Entertainment aims for a landmark 2025, it will focus on sustaining existing properties while developing new ones. This strategic pivot is designed to strengthen YG’s leadership in the music industry. It also reflects a broader trend in entertainment, where companies prioritize musical talent and innovative production methods. Fans eagerly anticipate the future, as YG’s commitment to music is set to reshape its identity and impact within the global entertainment landscape.
Empowering New Talent: Baby Monster’s Remarkable Debut
- Baby Monster debuted in April 2022.
- They sold nearly 1.6 million albums in their first year.
- Engaging fans through global tours.
Global Phenomenon: Blackpink’s Innovative Projects
- Blackpink is preparing for multiple album releases.
- Upcoming world tours will enhance fan interactions.
In conclusion, YG Entertainment’s strategic shift towards music not only aims to boost its current artists but also to cultivate future stars. The company is poised to make a significant impact in the music industry, especially with the rising popularity of K-pop.
This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.
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