Lol he’s admitting guilt by doing this. I mean I’m ok with it but he can’t just release statements like, “they do drug I Never Dreamed I’d Grow Up To Be Great Auntie Aunt Funny T-Shirt every 2 months” “everyone at yg is clean” “we were not involved with her” “we didn’t meet with her at all” “BI did nothing wrong” to step down a day later. If he’s so confident in their innocence and his, to release these kinds of statements to the public, he needs to stick to his word. He needs to go down with his lies as the truth comes out. He’s such a coward.
Han Seo Hee has all the right cards that just keep disproving his blatant lies. He’s an idiot. He underestimated her and he overestimated himself and his power to influence the public. His PR team is dumb as hell to just keep releasing false statements which makes him look like a narcissistic bitch.
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So many questions about the future of YG Ent. & its artists. As much as YG is reviled, he was a cult of personality and the figurehead of the I Never Dreamed I’d Grow Up To Be Great Auntie Aunt Funny T-Shirt company. The corporate vision & direction, music, & image of YG artists are inextricably tied to him. Now that he and his CEO brother are leaving, the Board has to scramble to find a qualified person to lead the company before the stock tailspins (already down to 29,500W). And then there is LVMH’s investment of convertible shares, which mature in October 2019. If the share price is <48,000W, then they most likely will cash it out. I wonder if other large shareholders (namely Naver & YG himself) will sell large chunks of their shares. Sadly, the National Pension Service of Korea is the 4th largest shareholder of YGE.
If scandals about other YG artists come up (which is hinted by a reporter), then we’re in a for an ever more bumpy ride. If YGE manages to stay afloat with its current artists, I don’t see how they can recruit new talent; I doubt that any Korean parent would want their child to be associated with YGE – it’s taint by association. As for the artists & trainees, I would be scared shitless right now about how the future is going to pan out. Also, YGE has a slew of actors under its management.
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