National Tax Service Sends Agents to YG Headquarters Without Prior Notice

Although Yang Hyun-suk, YG Entertainment’s executive producer, denied a special tax investigation, it seems such an audit is indeed underway.

Yang Hyun-suk
Yang Hyun-suk – OSEN News database

Earlier this week, YG Entertainment’s executive producer Yang Hyun-suk refuted news that the agency was subject to a tax audit at the hands of the National Tax Service(NTS). In an online post, Yang said that the reports were essentially fake news. He commented that what one person posted online is now being accepted as fact and that “it’s different from the truth.”

His statement now contradicts information from industry sources. On Wednesday, the NTS reportedly sent investigators to YG’s headquarters in Hapjeong, a neighborhood in the Mapo district. Furthermore, it is reported that NTS deployed these agents without prior notice to obtain financial and accounting data for their investigation.

Asked about the tax probe, an agency spokesperson that it will “sincerely” cooperate with the audit.

 

 

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By O.C

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Yang Hyun-Suk Directly Responds to Reports of a Special Tax Investigation

According to media reports, YG Entertainment is under pressures due to a special tax investigation conducted by the National Tax Service. However, Yang refutes the reports as fake news.

양현석 YG엔터테인먼트 대표.
Yang Hyun-Suk – YG Entertainment

Yang Hyun-suk, YG Entertainment’s (YG) head producer and founder, drew a line on reports the company is being investigated for tax evasion. The rumor, which appears to have spread through news reports, purports that four inspectors from the National Tax Service (NTS) are currently conducting a special audit of the agency. Furthermore, as a result, Yang and YG are reportedly taking countermeasures to derail the search.

In the post directly responding to the rumor, Yang says that what one person claimed online is now being accepted as fact when it’s not. “It’s different from the truth,” he wrote. Yang states that the company did not get any notice of a special tax audit.

Moreover, even if it did, it would report it. “We are regularly investigated for tax purposes, and every time it is reported. The special tax audit is nothing more than a theory,” he explained.

Seungri appears at the Seoul Metropolitan Police Agency for questioning – OSEN News

The rumor emerged on the heels YG terminating their contract with Seungri (real name Lee Seung-hyun). Ending the contract was a move that many felt was an attempt by YG to absolve itself of responsibility after years of chronically mismanaging Seungri. Currently, police are investigating Seungri for numerous allegations from soliciting prostitution to embezzlement. Due to the investigation, the former singer has applied for a postponement of his enlistment, which was to take place later this month.

 

 

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By O.C

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[HOT CLIP] Park Bom Performs ‘Spring’ Live for the First Time at Showcase

Park Bom made a remarkable comeback that ended her controversial hiatus on Wednesday at 6 p.m.

https://www.youtube.com/watch?v=N55EwTYfhHM

Returning as a solo artist for the first time, the return marks a new stage in the singer’s life. No longer a part of YG Entertainment or her former girl group 2NE1, Park is emboldened and fresh like her title song “Sping,” embodies. Since the song’s release, it appeared in the first spot on Soribada, Genie, Olleh, Bugs, and Mnet music charts. Further, she also entered the top five on Melon, the nation’s most-used streaming service.

YG Entertainment Severs Ties With Seungri and Terminated His Contract

YG Entertainment ends of its exclusive contract with Seungri.

Seungri speaks to the press before entering the Seoul Metropolitan Police Agency’s station for questioning on Feb. 27 – OSEN News

On Wednesday, YG Entertainment (YG) announced in an official press release that it has decided to terminate the exclusive contract with Seungri, real name Lee Seung-hyun. It was a process initiated by Lee the day before.

“After Seungri announced his retirement [from the entertainment industry] on the 12th, YG accept his request and terminated his exclusive contract with us,” the statement reads.

Moreover, following this news, the agency acknowledged that it does not manage its artist to the best of its ability. As a result, it plans to work with employees and executives to create a better company.

The following is the full text of the press release.

Hello, this is YG Entertainment.

Starting with the [Burning Sun] club incident in which Seungri was involved, and the following series of controversies, we would like to extend our deepest apology to fans an those who were affected or involved.

After Seungri announced his retirement [from the entertainment industry] on the 12th, we accepted his request and terminated his exclusive contract.

As an artist management company, we recognize that we have not thoroughly managed our artists and are deeply reflecting on this.

Lastly, we are aware that we are in need of significant improvements and we promise to work with our executives and employees to determine the best way to do so.

 

 

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By O.C

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[OPINION] Who Created Today’s Seungri?

Who exactly is Seungri, the hallyu star currently surrounded by various controversies in Korea?

Right now, whenever a Korean individual or Kpop fan hears or reads the 2 syllables Seungri, the first thing that comes to mind would be that celebrity who is in the news for various scandals. Keywords are likely to be Burning Sun assault, offering women to investors, illegal filming of sexual content, retirement, nation’s traitor etc. But just prior to a few months ago, Seungri was not a hated individual but a world star who’s influence was especially prominent in Asia.

Who is Seungri?

Seungri also known as Lee Seung Hyun was the maknae of Kpop’s global idol group, Big Bang. The 29 year old idol made his debut under YG Entertainment in 2006 with Big Bang to later become one of the most popular boy groups in the world. Seungri was one of the youngest singers during that time, merely 16 years old, when he stepped into the entertainment industry. Over the years, Seungri experienced various roles in the entertainment industry as singer, songwriter, actor, producer and entrepreneur.

Prior to controversy

Beginning 

Big Bang had their first break through in 2007 with the release of their first extended play ‘Always’, Big Bang took their place as one of the most influential artists as they focused on producing and creating their own songs. During this time, leader and producer G-Dragon was gaining more attention as fans from the group as his songs became hits setting records for continuously topping charts and sales. Some of G-Dragon’s earliest hits were ‘Lies’ (2007), ‘Last Farewell’ (2007), ‘But I Love U’ (2007).

https://www.youtube.com/watch?v=2Cv3phvP8Ro

https://www.youtube.com/watch?v=0oWhFdNJfvw

With Big Bang’s continuously growing popularity, the group was having concerts within 7 months of debuting. As they continued to rise in popularity in Korea, they set their sights for Japan just one year after debut. During that year, the members had hectic schedules letting exhaustion pile up to the point G-Dragon, T.O.P and Seungri became hospitalized halting activities. Seungri already had an ankle injury when it was reported he later lost consciousness towards the end of a show on December 29, 2007. Later it was reported Big Bang had earned over $11.5 Million USD just in 2007. Considering inflation in 2019, 11.5 Million dollars was worth a lot more 12 years ago.

The following year in 2008, Big Bang was very successful in Japan becoming one of the groups to solidify the hallyu wave. By 2009, the group was pursuing solo activities during which each member focused on nurturing their individual talents. Seungri was well known for wanting to “shed” his maknae image at this time for a more mature look. He won his first award with his solo ‘Strong Baby’ tasting his individual success at the age of 19.

https://www.youtube.com/watch?v=zDTsf5xw3Kg

In the following years, Seungri continued his solo activities while also promoting as a member of Big Bang. He took on various acting roles, released more solo music, developed his DJ skills etc. Seungri was in some ways overshadowed by other Big Bang members in the entertainment industry. Once his hyungs went on hiatus for military service, Seungri’s popularity and activities undeniably surged.

2018

Just a year ago, Seungri was the only Big Bang member who was not serving mandatory military service yet. As a result, his popularity was growing not only in South Korea but also abroad as the only Big Bang member ‘to hold the fort’ before he went on hiatus for his own mandatory military service in Spring 2019. He made several guest appearances on MBC’s ‘I Live Alone’ increasing his popularity as viewers learned he was a considerate, detail oriented person in addition to being a successful businessman.

https://www.youtube.com/watch?v=CCnHW72eWJ0

After his segment in ‘I Live Alone’ was aired, Seungri was widely complimented for his successful ramen franchise company that has over 45 locations all over the world claiming annual earnings of approximately $96 Million USD. From then on, other successful businesses of the idol/entrepreneur was in the headlines like dance academy, clubs, DJ label etc.. Public perspective of Big Bang Seungri was shifting from an immature playboy often in the headlines because of scandals, clubbing and such to a mature and charismatic man. He went on to explain his tendency to pursue all forms of entertainment led him his success today as an entrepreneur in the show.

Seungri further explained on ‘I Live Alone’ that while his current businesses may seem successful he has experienced failure in previous business ventures. He stated he lost many things but learned from those incidents leading to his current identity (in 2018).

https://www.youtube.com/watch?v=AZk7RBpeaHM

Shortly after Seungri’s image as a successful businessman continued to garner positive reception, he was reported to be the new CEO of YGX in June 2018. YGX is a subsidiary of YG Entertainment that merged with Seungri’s DJ label NHR.

https://www.instagram.com/p/Bjl6q4ChpFQ/?utm_source=ig_embed

For the following months until the Burning Sun controversy was in the headlines, Seungri’s popularity was at its peak. He was appearing in various shows, held his first solo tour and his first studio album was well received. The idol was holding multiple executive positions in various companies and his businesses were growing. Seungri ended 2018 with on a good note, even hosting the 2018 MBC entertainment awards ceremony with Jun Hyun Moo and Hyeri.

Controversy Recap (up to March 11)

This momentum unfortunately did not last as news about his club, Burning Sun’s alleged assault broke the headlines in January 2019. Kim posted online he was assaulted by security and police when he tried to help a female at the club. This case is currently under investigation and with so many articles with various information, the exact details has become unclear.

Soon after, news about Seungri lobbying to investors with prostitutes joined the headlines. It led to chaos in the entertainment industry as various prominent figures were identified during the investigation.

In courtesy of YG Entertainment (left) and SBS funE (right).

Park Han Byul’s husband was identified to be involved in this case affecting the actress’s long awaited return to the small screen in MBC’s ‘Love in Sadness’.

https://www.youtube.com/watch?v=X8x96rAsick

Amidst the growing controversy surrounding Seungri, on March 11 everything changed. News reported Seungri to be a part of a group chatroom that had illegally filmed sexual content. What made this worse was the report of other celebrities being a part of the chatroom. Some of the females illegal filmed were reported to be idols.  

Shortly after, various celebrities including idols were implicated as many forms of “evidence” circulated on the Internet. Hours later, Seungri declared he would retire on his Instagram which was met with derision.

Society’s role 

There are various rumors and speculations about the controversies surrounding Seungri, but this article will not be delving in that direction. Instead, the focus will be what may have led to such controversies in the first place. What makes this such a big deal would be because it forced a lot of the “dirty laundry” in the entertainment industry to become public. It’s not a simple matter of someone caught breaking the law. But of a world star as the cause of the controversies that led to implicating other influential people.

In Korea, there are many situations where superficially everyone verbally supports gender equality and put their faith in the LAW. However, behind closed quarters there’s corruption, bribery and connections that can solve many things. A common plot seen in Korean drama where a chaebol uses their power, money and influence to be above the law is not completely without a grain of truth. In reality, it isn’t just chaebols but also influential figures in all parts of society, not only in South Korea but in every other country of the world. Just a couple years ago, Korea was in complete chaos as a nation because of abused power. If you’re unaware, the previous Korean president was impeached in 2016.

Many foreigners are unaware of Korean culture that takes hierarchy, social connections, “specs” (Korean term for social economic status) etc. very seriously. For a general idea, I would personally recommend watching Misaeng (2014) starring Im Si Wan, Lee Sung Min and Kang Sora.

https://www.youtube.com/watch?v=NkEb626FnbA

In Korea, there are still many people who work overtime without being able to request for overtime pay, sick leave and vacations. This is something I myself have experienced when I interned in Korea just a few years ago. Additionally, female employees are still pressured to pour alcohol for male colleagues. An example would be a scene in the beginning of episode 2 in JTBC’s ‘Pretty Noona Who Buys Me Food’ (2018). Furthermore, prostitution is illegal but ‘red light districts’ do exist.

Interestingly, Seungri was previously in the headlines for having Gugudan’s Sejong pour drinks to “her favorite man” on TVN’s ‘Cheap Tour’ last October. But rather than the media focusing to criticize Seungri for his actions, it was the broadcasting company who was under fire for broadcasting that scene during “ safe hours for adolescent television viewing time.” (Note: Jung Joon Young was also in this episode)

This isn’t the first time YG’s celebrities have caused waves in the industry because of scandals. There have been previous scandals in the entertainment industry because of sexual and physical assault, harassment, prostitution, illegal drugs, drunk driving, tax evasion, sponsorship, adultery, underage drinking etc. in all areas of the entertainment world. 

Many of the celebrities who were implicated in various scandals mentioned above were able to return to the entertainment industry after a few years. This itself shows society may easily forget and forgive while failing to fix the actual problem resulting in lofty disdain for indiscretions and breaking the law.

Perspective

The controversies surrounding Seungri aren’t exactly new in Korean society. Seungri’s status whether guilty or innocent doesn’t matter as much as the fact that he isn’t the first nor the last person who will be accused, indicted, investigated etc. There are others who have probably done the same things mentioned in the controversies and there may be more in the future regardless of whether indicted or not. Aside from investigating to find out the truth, I think it is important to consider what this means for Korean society and what can be done to prevent it from reoccurring in the future.

There are a lot of things I could say about Seungri’s controversies that many may agree or disagree. No doubt I would be using lots of colorful vocabulary if I was to write about it. But taking a step back to see how someone who debuted at the young age of 16 ended up becoming called out as the “nation’s traitor” 14 years later, there’s probably various factors in the entertainment industry and society that played a significant role in Seungri’s current situation. 

Passing Thoughts

Could it be Seungri’s controversies are being used to cover something even bigger? Just a passing thought seeing all the attention focused on entertainment these days instead of fine dust levels from China, N.Korea, economy etc. I suddenly remembered SBS’s drama Pinocchio (2014) starring Park Shin Hye and Lee Jong Suk. It’s a drama where the most powerful people hyped up celebrity news to hide conspiracies. (Crying because of Lee Jong Suk’s upcoming military hiatus.)

https://www.youtube.com/watch?v=U6VAU-PD3cg

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Disclaimer: The opinions or views contained in this article may not represent the opinions or views of Kpoplove, The Korea Daily, its employees, agents or affiliates.

Anda Returns to the Stage on SBS’s ‘Inkigayo’ in 2 & 1/2 years

Anda returned to the stage in 2 years and 6 months with her new song What Are You Waiting For.

OSEN

On March 10, Anda stood on the stage for the first time in 2 years and 6 months at SBS’s ‘Inkigayo’ with What Are You Waiting For. Anda’s return to the stage has many fans anticipating an amazing performance with collaborator R.Tee.

Check out M/V Anda’s ‘What Are You Waiting For’

https://www.youtube.com/watch?v=u1xr0L1heHI

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By Sara N

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List of Indicted Celebrities From YG Entertainment

With Big Bang Seungri’s ongoing Burning Sun investigations, a recent news article has been drawing attention for listing some YG Entertainment celebrities who were investigated by police.

[os-widget path=”/joins/a-list-of-some-yg-entertainment-s-celebs-who-ve-been-indicted”]

Source (1) (2) (3) (4)

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Big Bang Seungri is NOT the Hongdae Club Owner, It’s Actually YG’s Yang Hyun Suk?

A news article reports the Hongdae club owner is not Big Bang Seungri but YG’s Yang Hyun Suk!

OSEN

On March 5th, OSEN reports a news article by Cookie News has been gaining lots of attention for Hongdae’s club belonging to YG’s Yang Hyun Suk, not Big Bang’s Seungri. Cookie News reports Seungri posted he was the owner of a new Hongdae club in 2017, known as Club X. Although that club is currently doing business under a different name, Love Signal, research has proven the club owner is not Big Bang Seungri but Company A.

YG’s founder Yang Hyun Suk is known to have 70% ownership of Company A while the remaining 30% belongs to YG’s CEO Yang Min Suk (Yang Hyun Suk’s brother).

OSEN

Through this news article, many are confused as to how Club X aka Club Love signal is related to the Burning Sun scandal and Seungri’s alleged prostitution case. Many speculation as to whether this article is trying to make inferences about Burning Sun’s scandal.

Original

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Reporter Who Broke Story About Seungri Explains Why It Needed to Be Told

The SBSfunE reporter who broke the story about BIGBANG’s Seungri soliciting prostitutes for foreign investors explains their motivations to publish it.

Image source – OSEN News database/ Instiz online community

On Sunday, Kang Kyung-hoon, the reporter who broke the stunning article about BIGBANG’s Seungri hiring prostitutes for foreign investors, responded to a comment on the online community Instiz. In the response, Kang why they were motivated to publish the story on the singer and his alleged dealings in the black market.

According to the reported, while they do feel back about the pain the information in the article may have cause Seungri’s young fans, the report and its forthcoming follow-up report are not a mistake. This is because it is bigger than the Seungri, his group, businesses, or fans. It is about society.

“I am most sensitive to those who are high school age; I think that high school fans might have been hurt by reading the article. But the reason why I can’t erase the article or stop the follow-up report is because I feel bad for [his] fans. This is something I have to society,” wrote Kang.

Image source – OSEN News database

Moreover, the reporter reveals that they gave the article a lot of thought and still worry quite a bit while covering the story. Even so, Kang understands that it might be too hard for many to see the situation from their perspective.

On the other hand, Seungri and his agency YG Entertainment have denied the allegations presented in Kang’s article unilaterally. In order to clear his name, Seungri surrendered to police voluntarily last week were he endured almost nine hours of questioning.

Further, he decided to cancel all of his upcoming activities in anticipation of a full investigation, one that his eager to go through. On the night that he went to police, he also submitted a plea that they examine him thoroughly so has to completely debunk any allegation.

However, with his enlistment into the army anticipated to take place within the next few months, it has yet to be seen if he can recover from his string of controversies before going on a military hiatus.

 

 

 

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By O.C

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