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PSY plans to leave YG & set up independent agency

# K-POP 2017.12.27 View : 3798

On December 26, a media outlet reported that PSY is currently planning to set up his own agency and is working to attract investment from large companies. The time of establishment of the independent company has not been decided yet.

PSY signed with YG Entertainment in 2010 based on his friendship with CEO Yang Hyun Suk and has been working with YG since then. In 2012, PSY released 'Gangnam Style,' which made him a global star.

In 2015, PSY renewed the contract with YG solely based on trust, without receiving down payment.

[Image source: YG Entertainment]

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