With the company he is known for having to help launch the careers of groups such as Big Bang. Founded in 1996, YG Entertainment has been home to some of the biggest K-pop acts of the past few decades including Psy, Big Bang, 2NE1 and Blackpink. YG Entertainment CEO Yang Min Suk resigns soon after K-pop star Yang Hyun Suk steps down from all positions in company. [BREAKING] YG Entertainment president and founder Yang Hyun Suk was arrested by police and charged with gambling for $ 335,460 in Las Vegas. Following YG’s brother, Yang Min Suk, stepping down from his position of YG Entertainment CEO, it was worth watching who they appointed to take over to see if anything was going to change or not. Due to recent controversies involving the Burning Sun scandal and other allegations, Yang Hyun-suk announced his plans to step down from all of his positions at YG Entertainment, and his brother Yang Min-suk announced his decision to resign as CEO of YG Entertainment on June 14, 2019. Earlier this year, however, the company was rocked when police in Seoul, South Korea charged Big Bang’s Seungri with operating a prostitution ring at a popular nightclub called Burning Sun, where he was also on staff as a publicity director. HIGHGRND (read as "high ground") was an independent sub-label headed by Epik High's Tablo. YG Entertainment CEO and Yang Hyun Suk’s brother Yang Min Suk has announced his decision to resign. Min-Suk Yang is Executive Director at YG Entertainment Inc. See Min-Suk Yang's compensation, career history, education, & memberships. After a series of scandals involving himself and his management artists, especially recent drug case involving B.I of iKON, Yang Hyun Suk and YG Entertainment CEO, his brother, Yang Min Suk, stepped down from the company on June 14 th, 2019. Entertainment company, multiple artists have faced allegations of drug use, prostitution, corruption, bribery, sexual assault. We want to hear from you! The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. His brother Yang Min-suk, the agency’s chief executive, also stepped down, according to a regulatory filing. A representative from YG Entertainment had stated they will be collaborating with China’s biggest game publisher company for a mobile app game called ‘We Moba’. “But today I am leaving all my duties at YG. Yang was indicted earlier this year for gambling overseas with three other associates from YG and its affiliate company YGX from 2015 to 2019. © FamousBirthdays.com - use subject to the information collection practices disclosed in our Privacy Policy. Theo báo cáo trước đó, cựu CEO YG Entertainment được cho là đã đặt cược hơn 1 tỷ won (20 tỷ đồng) và mất khoảng 600 triệu won (khoảng 12 tỷ đồng) trong 11 lần. The other big artist involved was singer Jung Joon-young, who also retired after admitting he filmed women without their consent and shared the footage with others. Yang Hyun Suk, founder and former CEO of YG Entertainment, is being taken to court. Yang Hyun-suk, the co-founder and head of the giant K-pop label, agency and production company, YG Entertainment, has resigned amid a series of scandals, Variety reports.. Yang Hyun Suk đã ghé thăm sòng bạc vào tháng 10 năm 2017 và tháng 2 năm 2018. In a decision on Nov. 27, Judge Park Soo-hyun of the Seoul Western District Court imposed the fine on Yang. With the company he is known for having to help launch the careers of groups such as Big Bang. South Korean business executive who is widely recognized for having co-founded the entertainment giant YG Entertainment with his older brother Yang Hyun-suk. His brother Yang Min-suk, who was serving as chief executive officer of YG Entertainment, also quit. 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