YG Entertainment recently revealed that its Executive Producer, Yang Hyun Suk, has acquired 461,940 shares of the company's stock with an average price of 43,305 KRW per share, totaling 20 billion KRW (14.9 million USD).

Additionally, the company revealed its plans for the coming year for its existing artists such as TREASURE and BABYMONSTER, and also its plans for a new group.

An official from YG Entertainment stated, "Our goal is to introduce at least one new group this year by launching a project to identify and cultivate global talents through local auditions, not only domestically but also overseas."

They also emphasized, "In the upcoming year, we will seek to establish new growth drivers through diverse artist activities and target the global market to continually enhance shareholder value. Executive Producer Yang Hyun Suk's stock purchase marks the beginning of our collective determination and effort."

Korean netizens find themselves puzzled by the recent developments and are voicing their discontent. Many of them suggest that YG Entertainment should prioritize the management of their current talents, including TREASURE and BABYMONSTER, rather than introducing a new group.

They commented, "Have they gone crazy? Manage BABYMONSTER and TREASURE properly, seriously...YG, iKON is out, and Winner is practically on hiatus. There are only three idol groups, and even among them, BLACKPINK members are pursuing their own individual activities. They're seriously not handling things well," "YG should just open a restaurant... Expanding the company cafeteria and turning it into a dining business doesn't seem like a bad idea at all," "They always say they are releasing a new group but then it takes them 2 to 3 years to actually release them," "I heard they're releasing a boy group," and "I'm really questioning what's going on with BABYMONSTER. It's been already two months since they debuted but what are they doing? Even if they're waiting for Ahyeon...they even got a terrible song."