YG Entertainment’s biggest shareholder Yang Hyun Suk recently sold 45,000 shares (5.8%) through after hours trading.
He now holds 29.99% of shares, down from his previous 35.79%.
Yang Min Suk, Yang Hyun Suk’s brother and YG’s CEO, also reduced his percentage ownership to 5.42%, disposing of 16,000 shares.
The duo put a combined total of 61,000 shares up for sale after markets closed on February 28. At a price of 56,357 Korean won per share, Yang Hyun Suk and Yang Min Suk earned 25.3 billion Korean won (US$23.6 million) and 9 billion Korean won (US$8.4 million) respectively.
These funds are expected to be used for recapitalization.
YG Entertainment announced on February 14 that it would be raising capital by issuing new stock in order to prepare 51
"Forbes Korea" released their "2014 Korean Celebrity 40" list for which they selected and ranked the 40 top stars in the nation.
Girls" Generation ranked in first place, but this comes as no surprise as they had previously topped the list in both 2011 and 2012. As a matter of fact, they have always ranked in the top five since 2009, making them the only celebrity to have made the top 5 for 6 years straight.
For this year"s list, "Forbes Korea" chose about 100 candidates through name search rankings and then did a collaborative ranking based on four parts: sales, exposure in media, broadcasting activities, and professionalism. Girls" Generation are also the only ones that ranked in the top 10 this year in all four sections.
SEE ALSO: Big Bang reveal their intention of making a comeback this summer at the "YG Exhibition in Japan"
Other big name celebrities in the list include Big Bang in 2nd, Suzy in 3rd, EXO in 5th, TVXQ in 7th, SHINee in 8th, IU in 10th, Yoo Jae Suk and Psy in 12th, Lee Seung Gi and CNBLUE in 14th, and Lee Byung Hun in 16th
Seungri of Big Bang will appear in a Korean drama for the first time.
Seungri confirmed his role in a new SBS weekend drama, “Angel Eyes (working title),” which will begin airing in April.
According to an affiliate of the drama, “Seungri attended the first scrip reading for the drama on February 27 with other actors including Lee Sang Yoon, Goo Hye Sun, and Kang Ha Neul. The script reading completed in a harmonious mood.”
Seungri will be playing the role of a 119 (911) rescue worker who return to Korea after growing up overseas. He was raised by his grandmother, so he speaks Korean with a Choongcchung-do Province dialect and English with a Texan accent. He shows an obsession towards elders who live alone and suffer from dementia and causes problems because tries to exceed the bounds of his duties
While CNBLUE was waiting to go on “M!Countdown” on February 27, they had a brief interview with OSEN and spoke about a lot of things regarding their comeback including their thoughts on competing with 2NE1 and Girls’ Generation.
First, CNBLUE talked about what they would do if they won the #1 trophy for “Can’t Stop.” The band promised to release “Can’t Stop” in a different dialect or saturi version. They commented, “It’s already finished. We can release it anytime.”
CNBLUE commented, “While we were recording our album, we thought of recording a saturi version of the song. Even if we don’t win #1, we want to release it.”
CNBLUE also wants to do as many Korean promotions as they can
I’ve now been promoted as the official penguin of the Soompi network, hence why I have that awesome “Le Penguin Officiel” tag in the comment section. Thanks to our dear leader, soomp, for that amazing addition. You should start seeing the other editors and writers on the team getting their own unique tags over the coming weeks.
Anyway first point of business for the official penguin is to discuss the age old question of when to call it quits, because nothing really lasts forever.
Very Important Disclaimer Stuff: The writer is not really an expert at anything much and is just a mere casual fan of pretty much everything. The writer has been known to be rather weird and cynical at times. The writer’s opinions certainly DO NOT reflect the opinion of Soompi’s news team or Soompi as a whole. Trust me, the rest of the team is quite normal
Actor/singer Lim Chang Jung has released his first ever drama OST single “Goodbye” for the upcoming thriller drama “Three Days.” The track is bringing more attention to the big budget drama before its March 5 premiere.
The OST track “Goodbye” is an emotional ballad featuring an orchestra, and the soft voice of Lim Chang Jung. Listen to the track below and share your opinions on Lim Chang Jung’s first ever OST track.
The upcoming SBS drama “Three Days” is a thriller that follows the the attempts to kidnap and assassinate the South Korean president. It features a real time element similar to the American drama “24.” You can watch the drama when it premieres on March 5. Posters of drama were also recently released
As the 2014 Sochi Winter Olympics comes to an end, the world was shocked by the outcome of the ladies figure skating program when Yuna Kim took home the silver instead of the gold medal, which went to 17-year-old Adelina Sotnikova of Russia.
As expected, countless Korean celebrities reacted with a complicated mix of emotions that include joy, gratitude, pride, anger and frustration.
Kara‘s Park Gyu Ri tweeted, “Well, it’s meaningless to place a score on something that is textbook. Yuna, I love you.”
2PM‘s Jun.K tweeted, “Kim Yuna is the best. Best. The best! SHE GOT TRUE SWAG.”
Haha tweeted, “The best and the person who came in first place are completely different
Emergency Couple Episode 7 - 8 Recap by Couch-Kimchi:
This week, someone heard our prayers because not only is Jin Hee showing everyone what a great intern she is (girl haz mad skills) but there appears to be tiny flashes of jealousy from Chang Min. *hehehe* Are we going to get our wish and he falls for her first?
Tessieroo: What? Only one episode this week? Whyyyyy?
Leila: It’s because of the Sochi Winter Olympics. I bet every Korean are anticipating for Kim Yu Na’s performance in figure skating. One episode only this week and we know that hardcore fans of this series will savor this to pieces.
Tessieroo: I don’t know why I thought someone would catch her but nope, our girl falls flat on her face
Girl group 2NE1 held a press conference for their upcoming “All or Nothing” World Tour at the Ilsan Kintex on February 20, where they discussed the world tour, as well as talked about their second album, “Crush.” Concert directors, Travis Payne and Stacy Walker, who previously worked on 2NE1’s “New Evolution” Tour, as well as YG Entertainment director Jung Chi Young, were also present.
2NE1 revealed their feelings about being busy because of their world tour and comeback, with CL saying, “We’re meeting fans with a regular album after a long time. We really wanted to be busy, and we’re happy because we’re busy.”
Travis Payne stated, “I am really excited to be working with 2NE1 again after their first world tour in 2012
KBS America and the Los Angeles Korean Association will be joining together to host KBS’ music program, “Open Concert (L.A. K-Pop Festival)” to be held on April 12. It will be the biggest event in its history.
On February 10, KBS America and L.A. Korean Association held a press conference announcing the free “Open Concert” to be held at the Los Angeles Memorial Coliseum on April 12.
The hosts announced the event will be held in celebration of the “111th Anniversary of Koreans in America L.A. K-Pop Festival.”
The concert will begin at 5:30 PM PST and last for about three hours. It will be broadcasted in 88 different countries making it the largest scale event in KBS history. There will be a total of 14 guests including top K-Pop idol groups and singers
Worried you might have missed out any important news in the week of Korean entertainment? Get comfortable and ready to scroll as we go through the best news and articles of this week in music, drama, variety and fashion.
This is your Weekly High Five!
-= News =-
Ryang Hyun and Ryang Ha Plan to Make Their Comeback After 7 Years
DMTN’s Daniel Wins Appeal, Jail Sentence Changed to Probation
Ye Eun Celebrates Wonder Girls’ 7th Anniversary
Actor Oh Ji Ho to Tie the Knot with Girlfriend in April
Sohee Finds a New Home at Lee Byung Hun and Han Hyo Joo’s Agency
-= Music =-
STELLAR Criticized for Using Sexually Suggestive Marketing Tactics
[Gallery] Performances and Highlights from the Gaon Chart K-Pop Awards
YG Announces February 24 Comeback for 2NE1 with “CRUSH”
KBS Bans All H
BIGBANG’s T.O.P was chosen as “Most Wanted Boyfriend” on Mnet’s “Super Idol Chart Show.”
The Valentine’s Day episode, which aired on February 14, revealed the rankings of idols stars on the “Most Wanted Boyfriend” list.
The MCs, Super Junior‘s Ryeowook and Beast‘s Dong Woon, were given hints to guess the number 1 idol. Their first hint given was comments from survey participants, “I picked him as the ‘Perfect Male Idol Boyfriend’ because if we’re together, I get to feel superior too,” “Because of his stunning visuals, we’ll receive attention wherever we go,” and “He has looks that I want to show off to everyone.”
While all the MCs could guess from the first hint was that the idol had good looks, the second hint gave everything away
Daesung of Big Bang will be making a solo comeback in Korea after four years.
According to Osen News, YG Entertainment announced, “Daesung, who last had the solo single ‘Cotton Candy‘ in 2010, will be releasing a solo album in Korean to his fans. Along with the solo album, he will be releasing a solo album in Japan and doing an arena tour to hone his skills as a vocalist in both countries.”
The arena tour in Japan will begin this coming June and end in July. He will kick off the tour on June 11 at the Yokohama Arena and move on to the Fukuoka Convention Center, Zebio Arena Sendai, Hokkaido Sports Center, Nihon Kaishi Hall, and finish at Nippon Budukan on July 17. During this tour Daesang will perform for 125,000 fans and show them an improved performance since his last tour
After a long wait, Big Bang’s Daesung is finally releasing a solo album in Korea.
After releasing Cotton Candy in 2010, Daesung will be greeting fans with a solo album for the first time in four years. He will also be releasing a Japanese solo album as well as an arena tour, showing his full capacity as a vocalist in two countries.
Starting 2014 with the Big Bang six dome tour that entertained 771,000 people, Daesung will push forward activities in Korea and Japan as a solo vocalist while showing a brand new image to fans abroad.
From June to July, he will hold an arena tour in Japan. Starting at the Yokohama Arena on June 11, Daesung will move onto Kobe World Memorial Hall, Marinemesse Fukuoka, Xebio Arena Sendai, Hokkaido Prefectural Sports Center, Nihon Gaishi Hall, and finally Nihon Budukan on July 17 in a seven city tour with a total of 12 concerts
Girl’s Day appeared on KBS 2TV’s “Yoo Hee Yeol’s Sketchbook” on February 7, where they performed their hit tracks “Expectation” and “Something,” and had a mini-interview with MC Yoo Hee Yeol.
Girl’s Day previously performed on “Sketchbook” two years ago at the end of the show, but without a talk segment. Hyeri noted that compared to then, the cheers were much louder this time and thanked fans for their support.
MC Yoo Hee Yeol asked them if they were satisfied with their group’s name. The girls replied that Girl’s Day was probably the best choice of the candidates, which included Ice cream and Diamond.
He also asked them about them about miss A and Sistar, two girl groups that debuted around the same time as Girl’s Day
Right, so there was actual news about Yeo Jin-gu, which I was reading before I got distracted by pretty pictures. This one is an update of a big-budget blockbuster that was in planning for years and then stalled due to production delays, titled Fist Fighting, and although it lost Jo In-sung (who was cast a few years ago as its original lead), now Yeo Jin-gu (Hwa-yi, I Miss You, The Moon That Embraces the Sun) is in the mix to step in.
You might wonder how it is that Yeo Jin-gu (16) would be up for the same role that Jo In-sung (32) once took, because while they are both very strong actors and both currently on upward trajectories, I can’t imagine that they’d overlap much in image or role choices. But it’s not quite as odd once I recall that Fist Fighting is a sci-fi fantasy movie set in the future (2050) centering around a high school student who fights back against oppressing forces
Ha Jung Woo and Ha Ji Won, both born in the year of the horse (1978), will be meeting on the big screen for the new film “Chronicle of a Blood Merchant.” Ha Jung Woo plays Heo Sam Kwan, a man who sells his blood to support his family, and Ha Ji Won plays Heo Ok Ran, Heo Sam Kwan’s wife and mother of three.
Ha Jung Woo, also the director for the film, personally sought out Ha Ji Won for the role of Heo Ok Ran. He had previously said, “I really want to work with Ha Ji Won, but it just never happened,” so he took steps to make it happen. One industry official said, “Preparing for his second film as director, Ha Jung Woo has been carrying out his duties quite well. From the script to the cast, he has been preparing everything with a lot of care. It’s the reason why I’m interested in this next project of his
2014 is already off to an explosive start - from Girl"s Day overtaking TVXQ and Rain on the charts to members of Girls" Generation confirmed to be dating, it looks like we"re in for an eventful year! Today, jennywill and contagion are here with our guesses and open ended questions for what else 2014 might just have in store for us! Remember, this is all just speculation!
SEE ALSO: 10 Bold Predictions in K-pop for 2013
1. What"s in store for the Wonder Girls?
Even though JYP Entertainment has reassured fans that Wonder Girls will not be breaking up, it"s also true that the girls" future plans are pretty uncertain right now
If asked “What is the first Korean music you were introduced to?” how would you respond? Fans from the 90′s might say H.O.T., Seo Taiji and Boys, g.o.d, Fin.k.l and etc. More recent fans may respond with Girls’ Generation, Big Bang, Wonder Girls, 2NE1, and etc. However, if you were to ask the same question to an American in the 1960′s, they would most likely respond with “The Kim Sisters.”
Wait, the Kim Sisters? Who in the world are they? “The Kim Sisters” was a popular female music trio from Korea composed of sisters Sook-ja, Ai-ja, and Mia (Mia is actually a cousin of the two, but was considered a sister) who battled poverty and hardships on their journey to becoming a top act in the glittering light filled city of Las Vegas, as well as becoming a favorite guest on the popular Sunday night variety show “Ed Sullivan Show
preview nextview 1/
8 preview nextview Super Junior′s Kyuhyun is taking the musical world by storm once again in The Moon That Embraces the Sun
, but today we′re celebrating the star for another reason.
Kyuhyun turns 27 (Korean age) today, and we′ve gathered a few of our favorite photos for his special day. It took some time for baby Kyuhyun to warm up to the camera Who didn′t take glamour shots seriously? Kyuhyun knows how to play on the playground But he′s since moved on to big boy bicycles We feel you Kyuhyun - getting older doesn′t get any easier But Kyuhyun seems to be doing a fine job And he′ll always be a kid at heart!