Source : GG@DCGD
Tuesday, September 6, 2011
[NEWS] YG SURPASSES SM’S MID-YEAR PROFITS FOR 2011
YG Entertainment stunned the industry when it was revealed that they’ve surpassed SM Entertainment in terms of sales for the first half of 2011! YG Entertainment is home to artists like 2NE1, Big Bang, and Psy, while SM Entertainment hosts artists likes SNSD, Super Junior, and TVXQ.
YG Entertainment has made 44,744,823,563 won (approximately $41,756,037 USD) from January 1st to June 30th. Meanwhile, SM Entertainment has made 40,592,465,358 won, which is approximately $37,867,691 USD, for that same period. It’s speculated that the profit leap for YG Entertainment came from GD&TOP‘s album, Seungri‘s solo activities, Big Bang‘s new album, and 2NE1‘s latest mini-album and concerts.
YG Entertainment maintained their sales numbers from last year; however, SM Entertainment made 6.9 million won less, since they recorded 47,527,869,269 won in the first half of 2010. YG Entertainment’s net profit is said to be around $6,718,774 USD, while SM Entertainment’s net profit is reported to be around $3,659,605 USD.
Source: EDaily via Naver (via allkpop)
[NEWS] G-DRAGON SET FOR SOLO RELEASE BUT DATE NOT FINALIZED
YG Entertainment has said Big Bang member G-Dragon will make a comeback as a solo but has yet to decide on a date for it.
The remark came from an official at the top talent agency who denied reports from earlier in the day which said that G-Dragon would make his comeback to the local music scene with a new album next month.
"The reports regarding G-Dragon’s comeback in October are not true," he told 10Asia over the phone on Monday. "It is true that he has been recording several songs but a date for his comeback has not been finalized."
She went onto explain that YG artists are always working on their music and a release date of one's album is subject to change depending on its progress.
If G-Dragon unveils a new album next month it will be his first solo release since "Shine a Light" which went on sale in March 2010.
G-Dragon, whose real name is Kwon Ji-young, is the leader of his five-member boy band Big Bang, who were discovered and trained by YG Entertainment.
As a group, Big Bang has been taking a break from their music activities and were recently named the new models of clothing brand New Face.
Source : asiae.co.kr
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