SM and YG confirm whether or not they will send trainees for the male version of 'Produce 101'

Will we see trainees from SM Entertainment and YG Entertainment for the male version of 'Produce 101'? 

On November 28, representatives from SM and YG announced that they would not be releasing their trainees for Mnet's 'Produce 101' that would feature male idol trainees. The decision seems to stem from the fact that the companies believe that there is little to be gained from the competitive show since the companies do a great job in making stars without outside help.  

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One insider from the industry commented, "SM and YG's not attending was expected, but JYP Entertainment who enjoyed success with Jeon So Mi is still debating about their attendance." He added, "There is some doubt about the success of the male version compared to the female version of the show. The first season was very successful, but I hear that it's not easy to gather 101 male trainees." 

It is also reported that the male version of 'Produce 101' is still in the planning stages. During the month of December, Mnet and different agencies will be negotiating the cast, and the earliest filming will begin in January. The first episode is expected to air around February or March of next year.