YG Entertainment responds to reports of PSY leaving and establishing a new agency.
On December 26th, a source from the industry reported that PSY is planning to establish a new independent agency of his own and is currently looking into investment from large enterprises.
In response to the reports, YG Entertainment stated, “Nothing has been decided yet. It appears that these reports came up because PSY is preparing to enter various fields of business right now.”
PSY joined YG Entertainment back in 2010 and re-signed with the agency in 2015 on a contract for three more years.
No official statement has yet been released, but PSY preparing to enter the business field, indicates that establishing an independent agency could be possible, maybe sometime in the near future.
What are your thoughts on PSY planning an independent agency?