YG Entertainment has given an update regarding G-Dragon's trademark rights to his name. Following the agency's gesture, the update eventually made reigns on social media and sparked reactions from fans, who expressed gratitude to the agency.
On August 1, Korean news outlet TenAsia released an exclusive report detailing the updates regarding G-Dragon's trademark rights to his name. According to sources, YG Entertainment has officially transferred the name rights to G-Dragon without any compensation.
An agency representative also approached the outlet, who shared, "The trademark rights of G-Dragon and GD have been transferred to the artist."
Meanwhile, G-Dragon's current company, Galaxy Corporation, also released a brief statement regarding the transaction: "There is no problem at all in using the name G-Dragon."
Sources also stated that trademarks are recognized as important intellectual property (IP) and that YG's decision mattered significantly to the music industry. G-Dragon's status in K-pop is closely observed since he has become one of its most influential stars.
G-Dragon debuted with K-pop powerhouse BIGBANG in 2006 and has since made history worldwide with his songwriting, performances, and passion for creativity. Apart from his music, G-Dragon has also established himself as a well-known fashion icon and art enthusiast.
On social media, VIPs reacted to the agency's decision to give G-Dragon his name rights. They expressed gratitude to YG Entertainment for avoiding drama regarding trademark rights, while others saw the update as a sign of G-Dragon's consistent solo promotions in the future.
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The only company that doesn’t start wars with their ex artists over trademarks
In other news, rumors of G-Dragon's comeback were raised online after Park Myung Soo commented on his radio show, "G-Dragon will be coming back next month." The remark instantly reached the attention of K-media and Galaxy Corporation.
The agency then disclosed that there was still no final date for G-Dragon's October comeback and that it was still being discussed. The representative also added, "As we have announced a comeback in the second half of 2024, he plans to release a new album before the year concludes."
Meanwhile, netizens also reacted to G-Dragon's potential 2024 comeback and his scheduled activities in Japan.
"I'm already excited."
"We only get articles all the time."
"Until I see the date. I'll just stay still."
"GD only said himself once last year that he was gonna come back but he had issues with YG then."
"It might seem like it's been postponed since last year."
"With the legendary forced hate, he faced in the latter half of last year and the changes in companies, he must've needed a lot of time. Naturally, delays were inevitable."
"I don't expect anything until I see the date but I'm waiting."
"I don't need articles like these. I'll only believe with a teaser."
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