YG Entertainment to withdraw from actor management business... ”Focus on music”

YG Entertainment (hereinafter referred to as YG) will withdraw from the actor management business in order to focus on its core business, the music industry.
YG said, "We are restructuring our business in order to focus on our core business, music.
"We would like to express our sincere gratitude to all the actors who have worked with us and the fans who have shown us so much love," YG said on the 17th.
We apologize for the inconvenience, and will provide all the necessary support until the end. Prior to this, YG had been gradually preparing to focus on the music business.
Last year, we integrated YGX into the Global Training Center, internalizing its expertise and capabilities, and reduced the number of internal staff from around 10 to 10.
The number of producers has also increased to about 50, further strengthening the production system. In addition, YG's new group "BABYMONSTER," which officially debuted in April last year,
Following the new mini album, they released their first full album in November, held a global fan meeting and started a global tour in their first year since debut, and successfully established themselves in the market at a rapid pace.
In addition, they drew enthusiastic responses with their outstanding talent, and achieved the remarkable result of recording album sales approaching 1.6 million copies in just their first year since debut.
Riding on this momentum, they are planning a world tour, starting with a concert in Seoul in January of this year.
In addition, YG has announced that Yang HYUNSUK's official account Naeun
Through this, the group has teased the more active activities of its artists than ever before this year. In fact, TREASURE will release a mini album and their third full album this year in April.
Through "TREASURE 2025 FIRST US TOUR [SPECIAL MOMENT]", the band will perform in New York, Washington DC, Oakland, Los Angeles, etc.
They are scheduled to perform in four cities. They will then continue their intensive activities with a world tour in October. In addition, "BLACKP" will start a world tour at the same time as their full comeback this year.
It is said that YINK has completed thorough preparations, including forming a separate project organization internally for the project.
G also plans to diversify its systematic support and collaborations for its mega IPs.