It was recently revealed that YG Entertainment‘s stock price will only be worth 80% of SM Entertainment‘s.
Shinyoung Securities reported on the 14th that once YG Entertainment is registered with KOSDAQ on the 23rd, their estimated stock price will be roughly $58 USD per share. Considering that YG has had less promotions overseas and restricted group member promotions, they inevitably came up 20% short in comparison to SM Entertainment.
However, it was also reported that YG was the second most successful entertainment agency, boasting a sales boost of 55.5% from 2008 to 2010, and a 173% increase in business profits. Their sudden jump in profit is mainly credited to their boy band, Big Bang. Reviewing the first half of 2011, Big Bang alone brought in 52% of YG Entertainment’s income; 60% if you include each member’s solo projects, and their albums are now selling over 4 times more compared to back in 2009. YG’s girl group 2NE1 currently brings in 40% of what Big Bang brings in for total earnings, but with their escalating fame, it is estimated that they will be able to bring that percentage up to 70% by this time next year.
Shinyoung Securities also reported that the agency managed to earn a high profitable income this year compared to their lack of artist promotions and credited their success to the bond between the YG Family artists. It’s beneficial but risky at the same time that manpower is the drive behind YG’s success, however, the chances of YG artists surviving competition were predicted to be high.
Source & Image: Herald via Nate
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On Lee Sora’s 2nd Proposal where Taeyang and Tablo were guests, Taeyang revealed, “Tablo hyung, I really envy you.”
On the show, Taeyang revealed that he was jealous of Tablo because of a text Tablo got from Yang Hun Suk. When Tablo’s new album got the 1st spot on iTunes’ Hip-Hop chart, Yang sent him a cute emoticon. Taeyang continued, “I still haven’t received any emoticons from Yang Hyun Suk. I envy him.”
This episode of Lee Sora’s 2nd Proposal will be on broadcast on the 15th at 12:10 AM.
Translated by: RICE @ bigbangupdates
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K-Pop has been laying down its foundation and quietly deepening its roots within the global music industry. SNSD and Kara in Japan, Wonder Girls in America, the whole SM Family and JYJ in Europe, it is without a doubt that K-Pop has increasingly globalized.
The driving force behind the mass accumulation of fans for K-Pop are the large entertainment companies that train and invest in their idol groups for a long period of time. Powerful performances and amazing vocal abilities have widely captured the hearts and ears of those who are tuned into mainstream K-Pop culture and have even contributed to the universal pop genre with new sounds and a distinct style. Social networking services have helped disperse K-Pop to different countries all over the world.
In the midst of the K-Pop diaspora all around the world, YG’s Big Bang and 2NE1 have made a big jump in receiving awards in renown American and British music award ceremonies. They have proven that other genres such as hip hop (a little different from general K-Pop market) are also making waves and becoming a competitive force in foreign countries.
Already known for their record selling music as a group and solo artists on iTunes, Big Bang received the award for “World Wide Act” at the MTV Europe Music Awards.
Cartier’s message of Love.
For the 5th straight year, Cartier will hold an exhibition with the International Vaccine Institute for the “Saving the Lives of the Children of the World” campaign. Donations and proceeds from the event will be donated to the International Vaccine Institute for the cause.
This exhibit will showcase pictures of 10 stars wearing the Cartier bracelet from the Cartier Love Collection.
The exhibition will be held from 12/2~12/31 from 11AM to 7:30 PM at the Cartier boutique store in Chungdam-dong, Seoul.
[ENGLISH SUBS] Block B Singapore Showcase 2011
Source : bontheblock
A new rookie idol member will be making his emergence on MBC Every1’s variety program, “Death Camp 24 Hours”.
The seven member team, which is also comprised of MC Ji Suk Jin, competes against each other in various complex missions and obstacles for ‘24 hours of death’ with charity donations on the line.
Fixed member Hanyoung was unable to attend the recording scheduled on November 11th due to an overseas schedule. To fill his place, producers have enlisted the help of a new rookie idol member.
Block B’s P.O. joined the members for the day’s recording. Not only is he the only teen on the panel, but he also earned the jealousy of the other male members, especially Ji Suk Jin, for his cute looks that could rival any girl group.