2014-08-14

Louis Vuitton Moet Hennessy To Invest $97.2 Million in YG Entertainment

Source: TV Joseon via Naver, Star In via Nate, Instiz




"LVMH Moet Hennessy Louis Vuitton, the parent company of luxury fashion brands Louis Vuitton, Celine, Marc Jacobs and Givenchy, is expected to invest more than 100 billion won ($97.2 million) in the South Korean entertainment firm YG Entertainment."¹ 

"The two sides entered negotiations in June and have not yet reached an agreement.  Meanwhile, YG Entertainment's share prices rose around 15% from 40,550 won ($39 a share) to 46,600 won ($45 a share) after this news was released."²

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Source: TV Joseon via Naver

1. [+32, -1]  Their company isn't failing at all.  PSY will properly make a comeback this time around and a little while longer, Big Bang will come back too.

2. [+32, -6]  As expected with YG, it's all thanks to GD.

3. [+24, 0]  YG's becoming a luxury brand.  Anyway, this is incredible, YG.

4. [+24, 0]  An amazing feat for YG.

5. [+11, 0]  Wow~  just look at YG's class.

6. [+2, 0]  YG's class~  Winner fighting!

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Source: Star In via Nate

1. [+602, -45] Park Bom's scandal isn't her "private life"; it's a criminal "offence".  A case like Seo Taeji and Lee Ji Ah is private life but this baseless covering-up of drug smuggling is an offence.  It's undeniable with Park Bom but seeing Yang Hyun Suk look innocent, I feel annoyed just seeing any article from YG.  

2. [+489, -40]  Are you hiding that drug criminal overseas just to do this kind of media play?  Park Bom is apparently attending the YG Family Concert.  Their way of thinking is amazing, huh...  This garbage reporter writing these articles are a problem too.   YG pulling strings is incredible.

3. [+341, -30]  Whether it's establishing collaboration ventures or whatnot, does it have any actual ending outcome?  Is it ever more than just a simple rumour to catch attention?  They reported news about Yoo Jae Suk possibly joining before too and PSY 'possibly' making a comeback but nothing happened.  YG seems to only be trying to raise their stock prices rather than focusing on music promotions and I just can't rely on them.

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Source: Instiz

[1] Wow, 100 Billion Won...

[2] We'll probably be seeing a lot of Louis Vuitton in their MV's ㅋ

[3] Wow and I remember Park Bom walking around with Louis Vuitton stuff before she debuted.

[4] I wonder if YG knows who this is all thanks to...

[5] They're just on a different level now.

[6] And who do we have to thank for this... who is this company relying on...

[7] This is all thanks to GD.


33 comments :

gzbitch said...

If this means I'm going to see 2NE1 and WINNER dressed in LV then I am all for it.

滝津louise☁ said...

"YG seems to only be trying to raise their stock prices rather than focusing on music and I just can't rely on them."

I LAUGHED SO HARD AT THIS LOL

GaiaAero said...

Your faves could never. Scandal after scandal but they're still going strong.

aerin said...

they all sounds so butthurt coz they can't pull Bom & YG down lmao

MissusTabi said...

YG: Here use it to pick up your shit
/Throws LV trash bag to those Bom haters/

Bald Mr.Worldwide said...

I dont think this is just a mediaplay. The investment money is damn huge. Do you think YG will simply make this things up because this news involve LVMH(the company with 29.14billions euro revenue in 2012),not some random company.
And LVMH wants to buy 14% of YG shares, there is not small. Yang Hyun Suk definitely need to take time and think about it.

Bald Mr.Worldwide said...

those ignorant netizens strike again.They dont know what's up in the real business deal.

newaccounthere said...

lol. ikr. I don't know what this person is thinking when most of yg all m this year slayed so hard

macy_12 said...

I've honestly have been waiting for this. NATE cmnts seems like a bunch of pressed haters that can't accept that YG's a well recognized fashion forward company. lol w.e YG's making bank & "buying more prosecutors off" & "buying more drugs", they can hate all they want, LVMH aint investing in them. also this type of news isn't just a media play, y would YG mess w/such a known & respected brands. haters can't accept any of YG's achievements. YG class, can't hold them down.

macy_12 said...

this person probably thought WINNER & AKMu werent YG kids. lol 2nE1 & TY dominated the charts while AkMu killed it while WINNER is dominating rn, pressed KNate person.

GaiaAero said...

they're stupid as hell. This just shows that LV doesn't give a shit about the Bom scandal. They're investing that much money, they obviously did their research on YG (scandals and etc). The fact that they're going through just shows how impressive YG is

macy_12 said...

true, but i think even so LVMH investing into YG means they like what they see & want to help it continue on & not mess it up. it's still a luxury brand that has no knowledge of music industry & vice versa. but who knows, we'll see if they can negotiate something because LVMH seems serious & YG's not dumb enough to let such opportunity go, it's HUGE & once in a lifetime but very risky one. we'll see, both sides are keeping mum about it.

macy_12 said...

that's what I'm saying. it's obvious LVMH has been keeping an eye on YG for awhile & decided to make a move. Bom's scandal has nothing that they care about. they could care less about YG's scandal, they like what they see, YG's musical influence & use of fashion & knowledge of fashion. they like what they see.

SK said...

lol #staypressed

Apink chu said...

2. [+32, -6] As expected with YG, it's all thanks to GD.
Yes

yooniehelmethair said...

and not to mention YG's monster trainees slay the charts too. Just where the hell that commenter lives??????????

rhiaresa said...

Nate commenters are so ignorant and misinformed it's amazing. This isn't just Louis Vuitton, it's LMVH who has worked with various companies throughout America and Europe, is there really anything YG will do that will look scandalous to them??? knetz always make a big deal out of petty things. I heard they've been talking about this since June before Bom's scandal LMAO, that shows they don't give a fuck. Bom's scandal isn't even something to worry about for them and LMVH has probably dealt with worser scandals. And I wish people would stop saying "I wonder if YG knows who this is all thanks to..." cuz it's stupid af like as if YG forgot them. And NOT everything is a mediaplay smh it's 97.2 million dollars...that's a LOT of money so #staypressed

Nicola said...

calling LVMH mediaplay is hilarious; you don't fuck with a giant conglomerate like this to cover up a "scandal" that would be considered an uninteresting b-story in the west

Namju said...

she/he's obviously lying tho lol

Bella said...

Yes,scandals can't bring them down because they're not relying on their image only, fans love them because their songs are awesome so,they'll have fans & supporters as long as they release good music.

DirtyEyedGirl said...

If it's a criminal offence go protest in front of the police station or your mayor's office then, why are you leaving nasty comments online?

はじめましてよろしくお願いいたします said...

the sad thing about most of the negative comments is despite being factually incorrect with absolutely no evidence to back them up, too many people believe anything negative they read on the internet.

Saerhin said...

Woooooaaahhhh

dboy said...

Nate is always full of haters lol people said mostly 12-13 year olds go on it so that's why... Its okay kids, we're chill^^

Nova_REMIX said...

They're typing this while listening to the WINNER album. Liars. The lot of them.

They need Jesus.

commedesfuckdown said...

Despite Bom's mess, I dont see 2ne1 is over sort of comments. Fucking genius marketer Yang Hyun Suk is, he built the image of his artists based on their music, and no matter what, they can scrumble back as long as they release good music. Park Bom is soooo strong, its inspiring. I am waiting for your solo baby girl.

commedesfuckdown said...

Also, whoever you are, YG Press, thank you for doing this. Now we dont have to sweat our energy over NB's biased business. We are sincerely grateful.

hyunjungsh said...

i feel like the the netizens who wrote negative comments on every yg related articles are just pressed haters who have been looking for an opportunity to hate on bom and yg. once this scandal dies down and 2NE1 makes a comeback the table will be turned, though i doubt the negative comments will also die down (i think that's one of the reason yg is keeping quiet about the scandal). they still have huge number of fans anyway and their international fanbase is big.

soluizb said...

"This is all thanks to.."

SHUT UP
This is all thanks to all yg artists. All yg producers. All yg staffs since the beginning and YG himself because let's face it, he's the one that brought your faves together in the first place

saf said...

All, actually.

GaiaAero said...

Once Big Bang/Epik High make a comeback, they'll all be talking about how amazing YG is.

mkxxxxxxxx said...

"This is all thanks to GD."
I actually disagree.. I think that the whole yg family package as whole and their powerful influence is the main reason.. Obviously, BigBang & 2ne1 set trends therefore I don't think gd is the wholly the main reason (even tho he's my bias).. GD & CL probably has the most worldwide recognition (in yg/Kpop) in the fashion industry. SLAYYYY ALL DAY

TY said...

"This is all thanks to GD."

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