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YG Entertainment officially terminates Seungri's exclusive contract, upon Seungri's request

AKP STAFF
Posted by Susan-Han Wednesday, March 13, 2019

YG Entertainment has terminated Big Bang member Seungri's exclusive contract, the label revealed on March 13. 

The agency relayed in an official statement, 


"Hello, this is YG Entertainment. 


We would like to bow our heads in apology for causing severe worry for many due to the numerous controversies and allegations, which began with the violence case at a club where Seungri participated as an advisor.

Shortly after announcing Seungri's retirement from the entertainment industry back on March 12, YG Ent. has accepted Seungri's request to terminate his exclusive contract.

As an artist management company, we admit our failure to manage our artist with stricter care; we are currently reflecting on our actions.

Finally, YG recognizes a need for a mass revision of the company's internal constitution, and we promise to work together with all employees of the company to make this happen."
  1. Seungri
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Blueblankety
Blueblankety997 pts Wednesday, March 13, 2019 4
Wednesday, March 13, 2019

I used to think seungri was really charming and I’m not in the BB fandom but I liked some of their songs, during the early days of the club controversy I was so busy I didn’t pay it any attention I thought it was just a misunderstanding then since yesterday I started to pay attention to it more.


What a sobering reminder about idols and their well crafted personas.

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Night94
Night94483 pts Wednesday, March 13, 2019 33
Wednesday, March 13, 2019

So pissed how 1 artist screwed up an entire company of artists srsly. Im a YG artist stan and literally Bigbang were my first kpop group that i got into back in 2009 but i aint blind enough to defend my favs IF he or she has commited a felony. YG needs to do something ASAP. Staying quiet this time will do more damage than good. Delaying BP, iKON, WINNER, Lee Hi comebacks will mean a continuing drop in stocks. And if somi and Treasure 13's debut is also delayed then the hype will all be gone Just like iKON being shipped to Japan right after debut. Furthermore with BP's case they need to release something before their planned coachella/US promotions or else it def wont benefit them in any aspect. Also with the free digital EP with tickets purchased if released after a long period of time after the actual concert i can bet you netizens are gonna say YG's a scam etc etc which leads to more unwanted drama. TBH I love iKON and WINNER but unless they release an extreme BOP like love scenario or really really YG's current and only hope will be with Blackpink, Somi and Treasure 13 and thats because of international fan support cause atm YG in all honesty isnt looking good in South Korea's eyes

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