YG looking to the future
2011-11-08 01:47 pm
YG Entertainment made it official on November 8 that they have a new boy band and girl group waiting for debut next year. At a press conference held to address the label’s public listing on the KOSDAQ (Korean Securities Dealers Automated Quotations) stock market, the CEO of YGE, Yang Min Suk, said the company currently has two idol bands in training that are expected to be the next Big Bang and 2NE1.
The CEO said YGE has 32 trainees right now. The new girl group will only be comprised of members under 20 years old and is scheduled to debut in the first half of next year. Their new boy group, however, will be revealed in the second half of 2012.
Yang Min Suk also said YGE will open at least two more offices in the Greater China region. Much like their recent joint project, “YGEX,” with Japanese music label AVEX, YGE is looking to beef up their overseas business units.
“The Asian market (excluding Japan) is smaller than Korea in terms of music sales, but it’s a lucrative market for concerts and live events. Our strategy is to enhance our artists’ value through concerts and move from there,” Yang Min Suk said.
He also acknowledged the need for stronger crisis management skills following an array of negative incidents involving some of their top artists. As a result, YGE has recently formed a separate risk management team to take care of all negative publicity and damage to their overall brand.
He didn’t specify Big Bang’s comeback date as he even declined to answer if the group would ever return at all. But regardless of Big Bang, he sounded confident in YGE’s business for next year, as he said, “Even our most conservative estimates tell us we’ll make 100 billion won ($100 million USD) next year.”
“We’re also planning to hold at least three Japanese concerts with more than 150,000 people coming. Our newest artist Tablo has just released his new album too. We’ll continue to expand our artist lineup to diversify our revenue source,” he said.
This raises the possibility of seeing Mnet “Superstar K2” contestant Kang Seung Yoon in their new boy band. In September, YGE said Kang Seung Yoon would debut with a group next year, with the possibility of doing some solo activities as well.
Source: BBupdate
Soompi
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Date: 2011-11-08 02:35 pm (UTC)no subject
Date: 2011-11-08 02:48 pm (UTC)OMFG I feel old.
Lexy was my first YG love. "Aesongi" was the most epic single released by YG at that time. Whatever happened to her?
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Date: 2011-11-08 02:38 pm (UTC)i don't know how to feel about this
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Date: 2011-11-08 03:33 pm (UTC)(no subject)
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Date: 2011-11-08 02:43 pm (UTC)no subject
Date: 2011-11-08 03:39 pm (UTC)Seriously, multi-tasking is not their forte. :(
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Date: 2011-11-08 02:46 pm (UTC)i am already prepared to stan the boy group cos of Dony
as for the girl group, when i visted YG during the summer, i saw about 8 young female trainees walk out the building in one night.
i rmb seeing girls who looked similar to kiko (mixed, thick lips), hara, sohee, and that 'crazy' dancer SR wants to marry (the girl he teased on TOOK) - i wonder how many of them will make the cut?! the girls looked very small, shy and rather ordinary though. the male trainees on the other hand...walked around like they were already stars lol
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Date: 2011-11-08 02:56 pm (UTC)(no subject)
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Date: 2011-11-08 02:47 pm (UTC)no subject
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Date: 2011-11-08 02:50 pm (UTC)no subject
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Date: 2011-11-08 03:04 pm (UTC)(no subject)
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Date: 2011-11-08 03:03 pm (UTC)no subject
Date: 2011-11-08 03:07 pm (UTC)(no subject)
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Date: 2011-11-08 03:31 pm (UTC)no YG, you don't throw away your old groups just coz you have new groups debuting.
i'm just afraid this would happen. after seeing how 1TYM and Se7en both got cast aside when BB starts to get big :/ YG had better not play any tricks with BB and half-ass through their promotions even more.
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Date: 2011-11-08 03:36 pm (UTC)(no subject)
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Date: 2011-11-08 03:57 pm (UTC)no subject
Date: 2011-11-08 04:03 pm (UTC)the CEO of YGE, Yang Min Suk
who is this dude?
Have I been living under a rock!?
Last time I checked Seo Taiji's Yang Hyun Suk was the CEO of YGE.
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Date: 2011-11-08 04:07 pm (UTC)no subject
Date: 2011-11-08 04:12 pm (UTC)1: Get more producers, the sounds is getting a bit stale and unoriginal, they need new blood.
2: The girl group needs to be all out RnB goodness, I mean serious Destiny Child/Beyonce level of legs, music and I want awesome dance routines.
3: The Boy group needs to be unique. Imo YG needs a male dance group, like fierce ass hot stuff.
4: YG learn how to multi task and handle more than group at once, otherwise the groups won't do well.
5: FFS create some shows around these guys and get some variety experience, we don't want more painfully awkward idols.
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Date: 2011-11-08 04:24 pm (UTC)Things YG needs to do now:
1: Use his other producers. (he has way more than teddy/kush/GD)
2: Dance routines with All out RnB goodness?
3: How is a dance group unique in Kpop? Should make a Band and Have SBS KBS MBC etc let them play live.
4: YG learn how to multi task and handle more than one group at once, otherwise the groups won't do well.(Yes plz)
5: Already makes shows around his groups (be it 2ne1 kept their's) I'll give you the variety experience though.
6. Better fandom management/compromise
7. Promote more club/live shows (for everyone tbh)
Re: ??
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Date: 2011-11-08 04:29 pm (UTC)no subject
Date: 2011-11-08 04:50 pm (UTC)no subject
Date: 2011-11-08 05:00 pm (UTC)Still do not really want to see Seung Yoon in a group, i still didn't digest the fact that he is in YG with his style actually. But well, i mideo in YGE..?
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Date: 2011-11-08 05:20 pm (UTC)Send BB and 2NE1 on a long ...wondergirls type vacation :/
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Date: 2011-11-08 05:20 pm (UTC)(no subject)
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Date: 2011-11-08 06:08 pm (UTC)Their work with will.i.am was recorded like two years ago.
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Date: 2011-11-08 10:45 pm (UTC)no subject
Date: 2011-11-08 06:36 pm (UTC)someone needs to make a talented and good looking version of GNA
AND NOW!!!!
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Date: 2011-11-08 06:38 pm (UTC)so why don't Korean companies debut soloist who aren't singing dreary boring ballads?
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Date: 2011-11-08 06:49 pm (UTC)no subject
Date: 2011-11-08 06:52 pm (UTC)This award is good press for them, K-pop and S.Korea.
BB is now legend... wait for it... dary. LEGENDARY
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Date: 2011-11-08 06:57 pm (UTC)Do not troll us YGE.
Gonna stan these new groups regardless tho.
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Date: 2011-11-08 07:20 pm (UTC)I only truly care about BigBang =)