“Empty Spaces” — YG Causes Stir by Removing BLACKPINK Profiles from Website
YG confirmed that BLACKPINK had only signed a collective contract for group operations and that none of the members renewed their individual contracts with the company. This led to the removal.
Following the failure in the renegotiation of BLACKPINK's contract, the price of YG's stock dropped.
The securities company thought that YG's revenue for the previous year, which came to 121 billion won, would drop by 3% year-over-year.
It was expected that operating profit would drop by a big 50%, to 78 billion won.
Experts, on the other hand, said that YG's current stock price shows that the market is too worried, which means that the drop might have been too big, ruling out any future actions by BLACKPINK.
The agreement for BLACKPINK's group operations is still in place.
Now, only their own activities are separate from YG Entertainment.
Hwanhee’s Agency Hits Back Against Shocking Claims of Favoritism on ‘King of Singers Season 2’—Vows to Defend His Reputation
Hwanhee's agency, BT Entertainment, is firing back after serious fairness allegations were raised regarding the popular show ‘King of Singers Season 2’. They’ve denied all accusations and promised strong legal action for defamation.
On February 5th, the agency issued a statement through their official fan cafe, saying, “We want to correct the false claims.”
They explained that Hwanhee was initially approached to join the show in August 2024 by the production team. However, after checking with the event planning company, Dion Communication, they confirmed Hwanhee had no connection to the show or any related performances.
Despite this, the agency pointed out that certain media outlets published unverified articles, wrongly suggesting that Hwanhee’s involvement could compromise the fairness of the program.
BT Entertainment was quick to defend their artist, stressing the damage done to both Hwanhee's reputation and the agency itself due to these false claims. They added, "This has caused great harm to Hwanhee, who joined the program after careful consideration."
The statement didn’t stop there. BT Entertainment made it clear that they won’t stand for any further defamation. They said, “We are taking legal action against these baseless reports” and emphasized their commitment to protecting Hwanhee from any further harm.
They also reassured their fans, stating, “We will take swift action against any future misinformation to avoid any further harm to Hwanhee and his supporters.”
This controversy started after a media outlet raised concerns on January 23rd about Hwanhee’s participation in the show. The report claimed that BT Entertainment’s CEO, who is also a director at Dion Communication, had invested 1.1 billion KRW in the ‘King of Singers Season 2’ concert, leading to suspicions of favoritism towards certain contestants.
In the meantime, ‘King of Singers Season 2’ continues its intense competition, with Hwanhee making it to the semifinals. Fans are watching closely as he currently holds 1st place in the first round of the semifinals, cementing his position as a strong contender to represent Korea in the Korea-Japan King of Kings battle.
