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Native name | YG 플러스 |
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Formerly | Phoenix Holdings Inc. |
Company type | Public |
KRX: 037270 | |
Industry | |
Founded | November 15, 1996 |
Headquarters | 07326 10, Gukjegeumyung, Yeongdeungpo, Seoul , South Korea |
Key people | Choi Sung-jun (CEO) Yang Min-seok (chairman of the board of directors) |
Products | |
Revenue | |
Total assets | |
Owner |
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Parent | YG Entertainment |
Subsidiaries | see list |
Website | ygplus |
Footnotes /references [2] [3] [4] |
YG Plus Inc. (previously Phoenix Holdings Inc.) is a South Korean publicly traded media and advertising company acquired by YG Entertainment in November 2014. In 2019, the company entered the music distribution industry and also engages in production, distribution, and licensing of merchandise related to music artists. In January 2021, Hybe Corporation and its technology subsidiary, Weverse Company, acquired 17.89% of the company in a merchandising and distribution deal that would see YG Entertainment's artists join Weverse in return.
YG Entertainment acquired Phoenix Holdings, a public relations company from Bongwan Group, in November 2014 and rebranded it as YG Plus. [5] [6] Yang Min-suk, the younger brother of YG Entertainment founder Yang Hyun-suk, was appointed as the company's CEO, with YG Entertainment owning 38.6% of the company's shares. [7] In 2019, the company entered the music distribution industry. On January 27, 2021, it was revealed that Hybe Corporation, and its technology subsidiary, Weverse Company (formerly beNX) invested 70B KRW (~63M USD) in the company, [8] acquiring 17.9% of the company in a merchandising and distribution deal that would see YG Entertainment's artists join Weverse in return. [9] In March 2021, Choi Sung-jun was appointed as the new CEO while Yang Min-suk was appointed as the executive director for the company. [10]
South Korean (as of 2021)
Moonshot (stylized in all lowercase) is a cosmetics brand launched by YG on October 2, 2016. [11] Developed with China's Huanya Group and in partnership with the cosmetics manufacturing company COSON, the brand is named after Apollo 11's historical 1969 landing on the Moon. Its cosmetics are manufactured in South Korea and sold online as well as in-store in Samcheong, where according to Paik Ho-jin, an employee of the brand, Chinese shoppers account for 40-50% of the customers. [12] As part of YG's partnership with French luxury conglomerate LVMH, Moonshot was launched at 11 Sephora stores in Singapore and at 13 Sephora stores in Malaysia on September 24, 2015.
Nona9on is a luxury street-wear brand founded in early 2012 by YG and Samsung’s textile subsidiary company Cheil Industries. [13] [14] It operates through secondary retailers and pop-up stores, such as its first pop-up at Apgujeong’s Galleria Department Store. Following its domestic success, the clothing line also quickly sold out in its first international pop-up stores in 10 Corso Como shops in Milan, as well as other locations in Shanghai and Hong Kong. The brand plans to open a pop-up store at JayCo in Taiwan. It often features Bobby & B.I from iKon and Lisa from Blackpink in their commercials and promotions. [12]
YG Golf Academy was established in March 2015, by acquisition of G-AD Communication, a golf agency that handled notable professional South Korean golfers such as Kim Hyo-joo, with YG Plus' aims to expand into golf businesses. [15] Leading golf coach Han Yeon-hee was recruited as the head instructor of the academy. In January 2017, it was renamed as YG Sports to expand into sports businesses. [16]
YG Studioplex (stylized in all caps) is a TV drama production company jointly established by YG and Barami Bunda Inc. in April 2017. The studio will "specialise in the production of Korean Wave contents" and enter the global market. [17] The studio was preceded by YG's attempts to get involved in the content production industry, following in the footsteps of SM Entertainment's SM C&C and CJ E&M (now CJ ENM)'s Studio Dragon. In 2016, YG participated in a joint production with NBCUniversal by investing in SBS's Moon Lovers: Scarlet Heart Ryeo . Since then, YG has also actively recruited program directors (PD) from various terrestrial broadcasters, including Producer Park Hong-kyun, who worked on MBC's Queen Seondeok and The Greatest Love .
SEOUL MUSIC (서울뮤직) is YG Plus' brand for music promotion and distribution, which started in June 2019 after it took over the operation of social media accounts of the now-defunct sister label HIGHGRND. [18]
Sephora is a French multinational retailer of personal care and beauty products with nearly 340 brands, along with its own private label, Sephora Collection, and includes beauty products such as cosmetics, skincare, fragrance, nail color, beauty tools, body lotions, and haircare.
Sandara Park, known mononymously as Dara (다라), is a South Korean singer, actress and television presenter. She rose to fame in the Philippines as a contestant on the talent show Star Circle Quest in 2004, after which she had a successful acting and singing career before returning to South Korea in 2007. She made her South Korean debut in 2009 as a member of the K-pop group 2NE1, which went on to become one of the best-selling girl groups of all time before their disbandment in 2016. Park is one of the most popular South Korean celebrities in the Philippines and is recognized as one of the leading figures in the spread of the Korean wave into the country.
Dreamus is an electronics and entertainment company founded in 1999 originally as ReignCom. Currently headquartered in South Korea, it is the parent company of South Korean-based iRiver, Astell & Kern and FLO, as well as Yurion and Funcake Entertainment Services. Since 2014, it has been a subsidiary of SK Telecom when it was formerly known as iRiver.
CJ Group (Korean: 씨제이) is a South Korean conglomerate holding company, operating internationally. It is one of the largest chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of food and food service, logistics, pharmaceutics and biotechnology, entertainment and media, Pager and Telephone. CJ Group was originally a branch of Samsung.
Yang Hyun-suk is a South Korean music executive, rapper, dancer, songwriter, and record producer. He rose to fame as a member of Seo Taiji and Boys during the 1990s. After the group disbanded, he founded and became the executive producer and chairman of YG Entertainment, the fourth-largest record company in South Korea.
YG Entertainment Inc. is a South Korean multinational entertainment agency established in 1996 by Yang Hyun-suk. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. In addition, the company operates a number of subsidiary ventures under a separate public traded company, YG Plus, which includes a clothing line, a golf management agency, and a cosmetics brand.
CJ Entertainment is a South Korean film production and distribution company under CJ ENM Entertainment Division. The company operates as a film production company, film publishing house, investment and exhibition.
"The Baddest Female" is a song by South Korean rapper and singer CL. It was released through YG Entertainment on May 28, 2013, with the accompanying music video uploaded to YouTube simultaneously. The video reached more than one million views in less than 24 hours. Musically, "The Baddest Female" is a hip hop song that incorporates elements of dubstep and electro.
Hybe Co., Ltd. is a South Korean multinational entertainment company established in 2005 by Bang Si-hyuk as Big Hit Entertainment Co., Ltd. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. It has multiple subsidiaries, including Big Hit Music, Belift Lab, Source Music, Pledis Entertainment, KOZ Entertainment, and ADOR, collectively known as Hybe Labels.
The sixth and final season of the South Korean reality television competition show K-pop Star, also branded as K-pop Star 6: The Last Chance, that premiered in SBS on November 20, 2016, until April 9, 2017. It aired every Sunday evenings as part of the Good Sunday lineup. Yang Hyun-suk, Park Jin-young, and You Hee-yeol will return as judges.
Bang Si-hyuk, known professionally as "Hitman" Bang, is a South Korean record producer, songwriter, and record executive. He founded the record label Big Hit Music and entertainment company Hybe Corporation both in 2005, and is chairman of the latter.
V Live, sometimes referred to as V App, was a South Korean live video streaming service that allowed celebrities based in the country to broadcast live videos such as live chat sessions with fans, performances, reality shows and award shows on the internet. The service was available for streaming via web browsers on Windows, macOS, and Linux, as well as apps on iOS and Android devices. The company was launched by Naver Corporation in late August 2015, and transferred to Weverse Company on March 2, 2022. It was shut down after merging with Weverse on December 31, 2022.
ColourPop Cosmetics, also known as ColourPop, is an American cosmetics brand often found at dollar stores based in Los Angeles, California. The company was founded in 2014 by siblings Laura and John Nelson. ColourPop products are sold through their website and at Ulta Beauty. They predominantly make products for the eyes, lips, and face.
Love Alert is a 2018 South Korean television series based on the web novel of the same name by Seo Han-kyul. It stars Yoon Eun-hye and Chun Jung-myung. It aired on MBN's Wednesdays and Thursdays at 23:00 KST from October 31 to December 20, 2018.
Lalisa Manobal, known professionally as Lisa (Korean: 리사), is a Thai rapper, singer, and dancer. She is a member of the South Korean girl group Blackpink, which debuted under YG Entertainment in August 2016. She is set to make her acting debut in 2025 in the HBO television series The White Lotus.
The Black Label Inc. is a South Korean record label and an associate company of YG Entertainment. It was founded in 2015 by YG producer Teddy and Kush.
Enhypen is a South Korean boy band formed by Belift Lab. Formerly a joint venture between CJ ENM and Hybe Corporation, the group was formed through the 2020 survival competition show I-Land. The group consists of seven members: Heeseung, Jay, Jake, Sunghoon, Sunoo, Jungwon, and Ni-ki. They debuted on November 30, 2020, with the extended play (EP) Border: Day One.
Big Hit Music, formerly Big Hit Entertainment, is a South Korean record label established in 2005 by Bang Si-hyuk. It was re-branded and re-structured into an independent label under Hybe Corporation in March 2021. As of date, the label is home to soloist Lee Hyun, and boy groups BTS and Tomorrow X Together. It previously managed soloist Lim Jeong-hee, and groups 8Eight, 2AM, and co-managed Glam.
Kwangya Club was a Korean mobile application created by South Korean company SM Brand Marketing, a subsidiary of SM Entertainment. It provided a membership-based official fan club service that offered different community services for SM artists. The application was the first service provided by the metaverse brand, Kwangya. The platform was fully operational on September 1, 2022, after its pilot operations in July. It shut down on September 11, 2023, with all its users moving to Weverse.
Weverse is a South Korean mobile app and web platform created by South Korean entertainment company Hybe Corporation. The app specializes in hosting multimedia content, the sale of artist-related merchandise, content subscription, and artist-to-fan communications for artists.