Earning shock in the first quarter (84% loss compared to the previous quarter)
Ever since they listed their stock in 2011, they now hit the lowest stock price.
YG Plus in charge of cosmetics, clothing, restaurant businesses is in deficit for 6 years in a row + at a loss of $10M.
Loss of $11M from producing variety shows including MIXNINE

 

YG also needs to return the principal + Interest to Louis Vuitton who invested $61M if they don’t make any profit until next year

 

http://www.sisaweek.com
www.thebell.co.kr

Source

theqoo: The serious situation YG Entertainment is in at the moment

Comments

2
It’s because YG does all these useless things

5
Hul….. YG’s going to run out of business..

6
They’re also doing restaurant businesses? I only knew about the cosmetics

8
I’m so sorry for the Mixnine kids

11
They expanded too much… when they could only rely on Bigbang….ㅜ

13
tsk tsk

15

“Nothing is working out, but you are doing too many things”

16
I don’t know what he’s doing with the artists. Winner, iKON, Sechskies, Blackpink. There are so many artists he can earn money from. Stop doing useless things and let them work.

19
To be honest, YG’s nothing without GD ㅇㅇ

21
I don’t care. I just feel bad for the Mixnine guys

22
Where did he use all the money from Bigbang’s tours to end up in a deficit……? The bigbang members enlisted just a while ago. What did he do with all those money in the meantime?

23
Focus on the basics. Basics.

24
He’s getting punished. Look at Mixnine. F*ck

27
I can’t say his company should go flop because of the artists and celebrities in his company. I hope he sees the reality and pulls himself together.

33
Just go flop. He should realize this is how it is without Bigbang

34
If he let the artists make their comebacks, sell albums, and make money from the digitals, it wouldn’t have turned out this way

37
Be nice to Bigbang

42
YG’s nothing without Bigbang

45
Aigo….

48
It’s because he doesn’t work well

51
Where did he use the $61M investment from Louis Vuitton?

64
Winner’s performing in a lot of events too. They are working so hard these days..

69
Winner and iKON both spent too much time in Japan…

74
How can he do this bad with artists like Bigbang, Winner, iKON, Blackpink and AKMU ㄷㄷ

80
But seriously, why did he do Mixnine ㅋㅋ I don’t get it. I couldn’t even figure out if the trainees are the main characters or Yang is the main character of the show. There had to be my own pick after watching a few episodes, but I couldn’t even remember any of the trainees’ faces. There were a lot of good trainees near the end, but I guess the show flopped, because of the screen time Yang received near the beginning.

81
YG’s a flop without Bigbang

82
If you only look at Yang Hyunsuk, it doesn’t matter even if he runs out of business, but I feel bad for the artists.

83
I can’t say the company should run out of business because of the artists in that company. I just hope YG takes all the responsibilities and resign

95
He’s probably counting the days left until GD’s discharge

163
This is all because of Yang Hyunsuk