2014-08-20

Louis Vuitton Invests $60 Million in YG Entertainment, Becomes 2nd Largest Stockholder

Source: Joy News 24 via Naver



"YG Entertainment announced Wednesday it will sell new shares worth 61 billion won ($59.7 million USD) to the investment fund arm of French luxury group LVMH."¹

"YG Entertainment said it will issue 1.35 million convertible preferred shares, which are priced at 44,900 won (approximately $44 USD), through a third-party allotment with L Capital Asia, the Asian trading arm of LVMH."²

"Its shares closed at 46,000 won at the secondary-KOSDAQ market on Wednesday, up to 3.14 percent from the previous session."³

"LVMH is continuing talks with YG to purchase another $20 million USD in shares from YG's founder, Yang Hyun Suk.  Shares in YG Entertainment rose 3.1% prior to the news and is up 13% after reports of the investment made rounds in the media."

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1. [+14,765, -2079]  It's a win-win for Yang CEO.  If you want to become even bigger, ditch the druggie girl. 

2. [+12,939, -536]  Wow;;;;;  This is really amazing

3. [+12,838, -2908]  I like that YG chooses skill over looks.  SM is like an idol-producing factory.

3. [+9145, -465]  Holy crap, wow.

4. [+7869, -448]  Wow............ they must be pleased.

5. [+1838, -129]  The best thing Yang Hyun Suk has done in his life = Discovering G-Dragon

6. [+1617, -86]   They probably invested after seeing GD..  GD receives a lot of sponsored items from Louis Vuitton, Chanel, etc. ㅋㅋ 

7. [+1548, -87]  It wouldn't have happened if it wasn't for GD ㅋ

8. [+1544, -126]  It's not YG who should be praised.  It's Big Bang and GD who should be.

9. [+1259, -171]  They're that big of a company, you really think they can't control the head of prosecution and their personal connections?

10. [+1149, -77]  Daebak.  To think that Louis Vuitton is investing in a Korean company

11. [+1032, -54]  Honestly, this is all thanks to GD..  GD gets the most sponsors here in Korea and even in their company, he gets the most.  Big Bang only gets a little and some of the other YG artists barely get any sponsors...  I heard they've sold a lot because of him and that's why he gets a lot of sponsors..

12. [+1007, -76]  Well, first off, just by the looks of the amount of sponsors GD gets, there's nothing else to say....  Plus YG has a lot of connections overseas.....

13. [+1051, -230]  Heh, GD provides for a lot of people, doesn't he? ㅋㅋㅋㅋ Of course they invested because of GD ㅋㅋㅋㅋ Do you think they did it because of Epik High or something

14. [+737, -128]  Look at YG's class.  That's really incredible.

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61 comments :

KpopMusicLover said...

1. [+14,765, -2079] It's a win-win for Yang CEO. If you want to become even bigger, ditch the druggie girl.



Clearly Koreans are confused about what a drug user and a prescript user are. In the west you can really tell when a celebrity does drugs.


Happy for YG, Remember this is YG's year and I don't care about them haters bye bye

Isang pretty said...

I hate to say this but knetizens needs to be educated about the usage of prescription drugs and what depression means

KpopMusicLover said...

They need to be educated about a lot of thing to be honest smh. The country is so advanced in technology but their mentality is still medieval.

namutehyon said...

Is GD's impact really that big for this investment?

bitbig2 said...

i know it may happen because GD's influence there...
but just don't put other acts down...smh this netizen..

Isang pretty said...

agree with you 100% lolz

bitbig2 said...

about 50:50...YG has good people outside Korea that made connection with foreigner..like Jinu or other his employee that lived in USA..
and with GD's fame..they may be more interested to YG...
but i hate with these netz that put other acts down -.-"

KkumaRila said...

This means will we see CL wearing more LV than Chanel

Halo24 said...

No offense but seriously GD wouldn't be where he is now if it wasn't for that troll of a man Yang Hyun Suk so give the man a little credit aye

Nova_REMIX said...

I mean I know GD did a lot but geez, other acts like PSY and CL did a lot for the company too.

Sue said...

Thank you. I mean I know GD deserves praise but damn CL seems like she honestly has more connections then GD. That girl is gonna get far. But both of these leaders need praise for their connection/fashion sense.

gzbitch said...

Okay, okay. It's because of GD, netizens. Geez, some of them sounds really pressed.

macy_12 said...

#1 & #9, lol w.e YG's rolling in LV now. Haters can take a seat. YG's going worldwide baby. &&& they don't care about a minor drug "scandal".
But all in seriousness this is a really BIG deal for YG & one if not the biggest since the wave. They will have a steady or positive slope of cash income for years to come & be on top for a LONNNGGG time because the fashion industry is not one that will ever die out. HUGE deal for YG, i wont say for KPOp because at the end of the day it's YG bringing the money home & getting their artist's name out there not others so I'm not even going to lie.
Ever since BIGBANG 2007….. YG's rise to power has been nothing but historic, came to power super fast. their success rate is almost 100% w/5 monster rookies under their belt. While everyone is trying to break in2 China & Japan, YG puts their hands n2 the fashion market & well they have succeeded. Im not saying YG didnt try Japan but YG seems to be the only one taking the fashion industry seriously.
I hope they remain true to their image & continue to do what they do right now & not get sidetracked because of this money. I pray they continue to do what they do rn because not only will they then dominate the music scene in Korea, the fashion industry is theirs.

superhonest said...

I'm gonna say this. GD won't get most of his connections if it wasn't for CL. CL introduced him to fashion designers and some musicians as well. Its not all GD. PSY contributed bigger than him. I would give the credits to YG himself, PSY, GD and CL.

bitbig2 said...

maybe not CL too that give the connection to GD..
there are always Jinu, Danny, Teddy, and or other YG employees that live in US...
there are always people that work in behind that get those connection..not always the front acts...
just saying

soluizb said...

Actually. .. GDCL connection comes from the stylists. . Jieun and xin. That's how they get front rows etc. Then both made friends and expanded their connection. .. so.. yeah. Credits to yg to spend so much in the first place.

Bald Mr.Worldwide said...

Nah. GD is my top bias in kpop but I'll say CL has surpassed GD in term of connection.Her connection is not only limited in fashion world but also in western celeb circle.Some of the famous designers she got to know are introduced by her western celeb friends,eg CL was introduced to French designer Jean-Charles through Kanya West.
Not to forget that she hung out with Muse(this is like so random).

Yehet said...

Please we don't need people like you in here. Please leave now. Bye!

ykrunkg said...

???

-> biased netizen <- said...

louis vuiton doesnt care about the whole drug controversy. honestly, if i told the park bom story to my high school. they would "boo" me or tell me to stfu cuz it isnt a big deal to anybody but the antis and koreans. really. 3 pills and everything is over.

Mol Do said...

It's true that some GD's Korean stans sounds cocky sometimes. But let's talk about these reactions for this investment alone. Korean fans view it as some fashion thing, and in Korea/China you keep have articles about how fashion items selling out after GD uses them. It's a fact that other acts' "fashion image" doesn't have as big impact as GD's in Korea (it's not about who better, it's just the image impact in public's view). So it's not about connection, it's about popularity and sale-power (at least in Korea where these comments happen)

anonymouse said...

"stop being pressed and accept the facts" sounds like you need this advice more.

Mol Do said...

Though the reaction is more because of popularity and sale-power, not connection, like you keep having articles about how fashion items selling out after GD uses them : )

Nova_REMIX said...

Why are you here? We don't need trolls here?

Lala said...

GET OUTT NOWWW.. jk but seriously this is a yg related blog why the hell are you coming here to start with CL. There is is enough places for that NB, allKpop and many more so please this type of comments dont fly right here.

Lala said...

I would say everyone in that company have contributed to this. Netizen are effin hard heads but my girl Bom didnt even endorse that spray thing and it was flying off the shells, even after the scandal. All im saying is that everyone no matter how small have contributed to the growth of the company not only GD(its a lil annoying that they give all the credit to him).

Merci said...

Lol this is a public page about YG , I like bigbang but I hate CL , her disgusting face , her abstract body and her overrated talent . Anyway YG is all about BB , 2ne1 just take advantages of their fame . Who wants to be like CL? Eww gross

Merci said...

So what , Britney Spears also know Angelina Jolie 'a friends , but they are in different levels , same here , only blackjacks admire CL , ask anyone from other fandom , who wants to dress like CL ? Maybe someone who never wants to have a boyfriend

Merci said...

In Korea is an insult if someone's tells ' you resemble CL' stay pressed

Merci said...

Exactly , i like all YG artist but CL so why not . Is not like 2ne1 bring large money to the company .

sheedrix said...

Only haters hate her.
Do you think YG is THAT BIG to bribe Chanel to invite her to their event?

Filololo said...

HAHAHAHA love this

Ogisoo said...

This is a huge deal, i mean we talk about LVMH.

PSY's Gangnam Style, Big Bang + GD solo success, CL connection and GDxCL collabs are the impact for this investment; even 2ne1 contributes a lot (with this global adidas ad and recently Microsoft ad)

bitbig2 said...

yes..i agree with if point of view from popularity and sale-power above...
it just irks me because those netz bring other down... /sigh

mizukixt said...

I think CL has more part to play in this than GD lol.

disqus_bNjKCChRKf said...

CL probably has more connections than GD in the west but in some articles, it says LVMH are targeting the Asian youth market where GD's sale power is huge.

I hate that they netizens are comparing the artists achievements but just wanna point out where they might be coming from.

disqus_bNjKCChRKf said...

GD is your top bias in kpop.
I dunno >.>
I see you more defending Bom and 2ne1

and rarely praise GD tbh.
sorry but this "I'm a fan but" "I'm a guy but" comments irks me.

disqus_bNjKCChRKf said...

That's a bit presumptuos tbh.
What you're doing is no different from what Knets are doing.
And LVMH is targeting the Asian youth market where GD's sales power is huge. CL's connections are more in the west.

disqus_bNjKCChRKf said...

I don't like how the knets are putting the others too but damn many of y'all here are doing the same saying GD's connections only come from CL...?
seriously?
The only person I know that was ever confirmed GD knew through CL was Sky Ferreira. And GD knows how to make connections himself too y'know.

Y'all shouldn't act holier than knetz because y'all practically the same, just on opposite ends of the spectrum.

disqus_bNjKCChRKf said...

Wasn't it said that LVMH was targeting the Asian youth market through this deal?
CL's connections are more from the west. GD"s reach is in Asia.

The areticles about Gd are not only about him getting sponsors, connections. It's about the items' sales going up or selling out once he wore them.

I hate how Knets are putting others down too but some CL fans here are doing exactly what Knets are doing. Putting down GD saying his connections are all due to CL >.>

In Asia, GD's sales power is huge.

disqus_bNjKCChRKf said...

How do you know this ? Do you know a lot of them? I can't read Hangul so I seriously don't know...

disqus_bNjKCChRKf said...

Big impact in Korea's fashion, yes.
But in this investment, no one knows yet.
I think its all the artists' influences but since the others aren't as known as Gd when it comes to fashion, maybe Knets think its because of him.

Mol Do said...

Thank you. It's just some fact people should understand. Remember when the news about first "leaked", that tweets said it as "YG with big stars like PSY and G-Dragon" : )

Mol Do said...

Yeah, I was just add bonus to your point, cause I agree with it ^^

Sue said...

I am not putting GD down and neither did I say his connections are all due to CL. I don't know how you got that from my comment. I said they both should be praised for their fashion sense and connections.

Sue said...

You're commenting to the wrong person I didn't call GD fans cocky, I also acknowledged GD as a fashion icon and his connections. I was just agreeing with Nova cause honestly CL does deserve some love too, she also has great fashion sense and has a lot of connections with famous designers. She may not be doing millions of CF's like GD has but I'm pretty positive LV didn't just invest cause of GD. I am sure other acts from YG, like CL, had some something to do about it.

Bald Mr.Worldwide said...

I guess I dont have to list down how many times I have praised and posted positive comments about GD.I have beem on NB for two years and in these two years I have defended for GD countless times.When ppl call out his marijuanal scandal, I say I dont give a fuck about his life and he is adult enough to make choice.When ppl said his last Coup Detat album is mediocre, I said it is my most fav album from him and listed down the reason why i said it is one of the best album by him. When ppl said he is cocky, I defended him and posted numerous gifs of him bowing to juniors.
BUT that doesnt mean that I have to blindly stan him.It is true that sometimes he make mistakes and he isnt the best rapper in kpop so why would I sugar coat everything about him just bc Im his fan??
You are so ridiculous,judging me and calling me out for using that phrases. Please a lot of YG stans know im a vip.I have been a GD biased since 2011 and didnt leave the fandom despite he was caught in drug scandal.

Bald Mr.Worldwide said...

It is not a recent thing. His fandom in korea is indeed loyal but some of them also downplay Bigbang members contribution to the group, there were comment like Bigbang without GD is nothing, YG got big thanks to GD etc on Pann, Instiz and of course this article.I remember NB and KpopKfans have translated this kind of comments before.

GD stan said...

While K-netizens praise GD, international fans think he doesnt deserve that much, while K-netizens bash him, I-fans support him anyway
Lol pls, just stop talk shit abt GD, it's not him who states all these things. Just let it be, and be happy coz at least ppl appreciate how hard he's been trying

RWAN SAAD said...

You know CL is with him in the new brand they are making, but it seems YG is bribing them huh? Because he just got enough money from them to be able to bribe them lol

titan-kun said...

Gtfo

sansa180194 said...

I personally think CL has better and stronger connections than GD (at least in the west), but it's hard to say this outright because I don't really want to make fans mad lol.

GD's influence in Korea (or Asia) is no joke ofc, but then again he's been in the industry longer and has obviously been given chances to expand his brand more than CL has.

I'm quite excited for CL tbh; she learns quick (as seen with making music for example) and has a solid vision of what she wants to achieve. She really does have a big potential.

couer said...

Girl your delusion is real. Seems like gzbs are still as cocky as ever.

Lala said...

Listen girly we all have ppl I am sure we don't like in that company. However, Blackjacks in particular are getting hate from all angles if you haven't notice its open season for them, and everyone wants to take a jab. I see ppl being so negative everywhere when it comes to theses girls that it would be nice not to come here and see it to. That's all Im saying, of course this is an open forum and you are entitled to your opinion.

disqus_bNjKCChRKf said...

uh no. I wasn't talking about you but about some CL's fans. I replied to you because you seem to be the one replying that time who has a slightly similar opinion to them.

disqus_bNjKCChRKf said...

I'm sorry if I missed out all these comments you've made. I'm a regular at NB and I have a habit of taking note about who's who in the comments section. Tbh, from all the times in NB, I can only pinpoint a handful who stood up for GD when he gets bashed or made fun of.

Comments like "I'm a fan but seriously his fashion is trash" "I respect him but his music sucks" are always there. Sorry if I lumped you with them.

sheen said...

hey seriously only GD and CL? its BIGBANG, 2NE1 and PSY tbh. dont be too bias-centric. tsss

Nova_REMIX said...

Okay LBR, internationally who were the biggest helpers that brought attention to YGE fashion wise? I'm not denying all of BigBang and 2NE1 had a role, but the ones making the biggest connections to fashion designers and big names in the western world were GD & CL.

That's why THEY are the chosen endorsement models for Nona9on. It's not about being bias-centric. GD is the biggest fashion icon in BigBang and CL
is the biggest rising one out of all the 2NE1 members. SHE established those connections to all those designers not any other 2NE1 member.

klynb said...

Psy doesn't contribute much when it comes to fashion. Other than his Christian Louboutin shoes and some of his sunglasses, no one really knows/cares what brands he wears until now.

TY said...

Wow... It's a fact now to see that YGPress is becoming bigger and popular if there are fights in the comments' section already. Lol

xxxtwinkie said...

Amen to that. Haha so freaking true

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