According to various music industry insiders, Psy is even closer to setting up his very own independent label, called PSYG (pronounced P-S-Y-G).
Psy, who's been planning to establish his label for quite some time, is finally fulfilling his dream! Reportedly, the singer completed the process of legally registering his label this past June.
SEE ALSO: Fraudster indicted for selling fake discount tickets to Psy’s ‘Summer Swag’ concert
PSYG will operate much like HIGHGRND and The Black Label, independent yet still affiliated to and a subsidiary of YG.
Congrats to Psy, and all the best of luck; we're happy that his dream is realized!
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