YG Plans to Open a Company In China!

Following PSY’s recent global success, and Big Bang’s success on their world tour, YG Entertainment have announced plans to open up a new company in China.

A representative from the company had stated that “In order to expand our business ventures in greater China, we are planning to start a separate company there… We are currently cooperating with our partners to create a company, but we are unable to mention the specific details on what it will be like as of now.

Due to the fact that in China, there have been less profits with album sales and online downloads, YG also plan exapnd themselves by focusing on activities such as events and concerts in China.

More details to come soon!


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