It’s the end of an era. YG Entertainment has announced that they will cease actor management operations.
YG Entertainment Ends Actor Management Operations to Refocus on Music Business
On January 17, YG Entertainment officially announced that they would be ending their actor management operations as part of a strategic business restructuring. This decision marks a shift for the agency as it refocuses its efforts on its core expertise: the music industry.
“We sincerely thank all the actors who have been with us and fans who have shown them so much love. We will spare no effort in providing the necessary support until the very end,” the statement read.
“We have consistently worked on restructuring our business to focus on our core operations. We are positioning 2025 as the inaugural year where these efforts will bear fruit,” it added. “While enhancing the sustainability of our existing IP (intellectual property), we will also accelerate the discovery and development of new IP. By continuously strengthening our core competencies and solidifying our leadership in the music industry, we aim to write a new chapter in YG’s growth story.”
Over the past few years, YG Entertainment has gradually streamlined its operations by phasing out less profitable business sectors. In 2023, YG absorbed YGX, its subsidiary, into its Global Training Center, consolidating its resources and expertise. Furthermore, YG significantly expanded its in-house producer team, growing from approximately 10 members to over 50, signaling its commitment to strengthening its music production capabilities.
YG Entertainment currently manages a talented roster of actors, including Cha Seung Won, Yoo In Na, Claudia Kim, Lee Sung Kyung, Jang Ki Yong, Lee Soo Hyuk, Han Seung Yeon, and Son Na Eun, among others. However, the company is now exploring partnerships with external agencies to ensure a smooth transition for its actors as it exits the field of actor management.
This restructuring reflects YG’s determination to lead the music industry by honing its resources and bolstering its artist development, production, and global outreach efforts. Fans eagerly await how this renewed focus will shape YG’s future projects and music innovations.
