Article: 'YG in crisis', struggling to prevent trainees from leaving
Source: edaily.co.kr
YG Entertainment is struggling to prevent trainees from leaving.
According to officials on the 26th, several trainees from YG are currently meeting and discussing with other agencies regarding transferring from the agency. Among those leaving are trainees from 'YG Treasure Box' who were expected to debut in July as well as YG trainees that made an appearance in Mnet's audition program 'Produce X 101.'
An official revealed, "I can confirm that there are trainees that have already left YG and have a contract with a new agency and some trainees are currently finalizing their agreements."
Trainee contracts vary from one agency to another but most contracts last about a year. It's normal for trainees to move agencies at the end of the contract period, however, in YG's situation, the reasons are due to the ongoing controversies involving the agency.
YG is one of the top rated agencies in Korea and was the envy of many trainees and singers. However after revelations of drugs, sexual assault and more in 'Burning Sun' gate involving former Big Bang member Seungri and allegations of prostitution and illegal gambling involving YG's former CEO Yang Hyun Suk, the agency has been in crisis.
According to industry officials, the postponement of 'Treasure 13' debut led to the loss of trainees as they'd have to wait for another opportunity to be given later and as a result many opted to move to other agencies.
Meanwhile, police revealed that they expect to summon Yang Hyun Suk this week for alleged illegal gambling overseas and suspected 'Hwanchigi'.
- [+127, -3] Wouldn't it be abnormal if they didn't escape YG in this situation?
- [+92, -11] From the beginning, the fact that people sent their kids to YG was insane....they've been accused of drugs and crimes for some years now why would you want to send your kids to a company like that? I'm glad people are finally waking up.
- [+52, -1] It's better to be active with another agency anyway where you're able to come out once or twice a week.
- [+45, -6] Isn't YG basically a criminal training school?
- [+39, -12] Yedam-ah Blackpink please terminate your contract too and sign with another agency
- [+17, -1] ㅋㅋㅋlook at the YG stock price right now...whew they're falling so fast it looks like they're about to close down the company ㅋㅋ
- [+9, -0] Hyun Suk-ah, if you have a conscience please let the trainees go. What if that was your child?