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

-
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!

-
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.

-
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.


Pages 381234 »