On January 23 KST, YG Entertainment disclosed that their Executive Producer, Yang Hyun Suk, has acquired 461,940 shares of the company's stock with an average price of 43,305 won per share, totaling 20 billion won. This transaction has raised Yang Hyun Suk's ownership stake in the company from 16.8% to 19.3%.

This significant investment reflects Executive Producer Yang Hyun Suk's unwavering dedication to the company's growth and its plans for the upcoming year. Through this stock purchase, he aims to enhance shareholder value while preparing for the exciting developments in store for YG Entertainment.

In December of the previous year, YG Entertainment renewed their contract with the globally renowned girl group, BLACKPINK, for their group activities. Furthermore, BABYMONSTER, a girl group that has been captivating fans worldwide since their debut, is set to release their first mini-album on April 1st, following the launch of their second new song on February 1st. YG Entertainment is committed to accelerating BABYMONSTER's domestic and international activities with a well-defined roadmap.

After concluding their extensive Japanese tour in early March, TREASURE, YG Entertainment's boy group, will embark on preparations for new songs and initiate various projects aimed at expanding their global presence by the end of this year.

As Executive Producer, Yang Hyun Suk, who played a pivotal role in discovering and nurturing world-class artists like Big Bang, 2NE1, and BLACKPINK, takes the lead in shaping a new era for the company, major projects are anticipated to gradually unfold.

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."

The official 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-seok's stock purchase marks the beginning of our collective determination and effort."