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27 November 2010

[NEWS] YGE partners with Universal Records for the Philippine Market


YG Entertainment, home to some K-Pop’s biggest acts, has partnered with Universal Records for the album release of two of its bestselling groups, 2NE1 and BIGBANG! Blackjacks and VIPs are eagerly awaiting the Philippine editions of 2NE1′s “The First Mini Album” and “To Anyone”, BIGBANG’s “Essential Big Bang”

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YG Entertainment is considered one of the top three talent agencies in Korea alongside SM Entertainment and JYP Entertainment. Their last year’s sales was reported at 35.69 billion won (around 30,946,443.227 U.S. Dollars), up a whopping 93 percent from the previous year. The increase can be attributable to the success of many of its artists including idol group Big Bang and girl band 2NE1, both of whom raked in significant income from their album sales, music downloads, commercials as well as earnings from the members’ individual activities.

YG, which stands for Yang Goon, was founded in 1996 by Yang Hyun-suk, a former member of popular Korean group Seo Tai-ji & Boys. Yang is credited with creating and managing the successful careers of many K-pop artists including 1TYM, Gummy, Jinusean, Se7en and Wheesung. The agency also manages several Korean actors including Kang Hye-jeong and Koo Hye-seon.

Universal Records is currently proud partners of both SM Entertainment and YG Entertainment!

source: 2NE1′s Philippine Fanpage FB

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