The big question has finally been answered.  Will YG Entertainment's artists be participating in the 'KBS Music Festival' this year?  

A rep from the music festival told Star News, "Unfortunately, YG Entertainment's artists such as Big Bang and 2NE1 will not be a part of the music festival . . . As YG Entertainment won't be participating, the opportunity has opened up for other artists . . . We plan on having twenty groups and we are even planning on singers' joint stage performances."

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The rep also revealed who would be the MCs this year, "Suzy, Yoon Si Yoon, and Lee Hwi Jae will be the MCs for the music festival on the 27 . . . This year's festival will be a big event with many singers who have been active in music this year."

The 'KBS Music Festival' will take place on December 27 so mark your calendars!