YG Entertainment is shifting its focus to music after shuttering its acting management department.
Xports News reported that YG — home to global icons BLACKPINK and TREASURE — has undergone a major structural change, specifically closing its acting department.
In a statement, the company extended gratitude to its actors and actresses, alongside the fans who have supported them.
"We would like to thank all the actors who have been with us and the fans who have given them a lot of love," the company stated. "We will spare our best effort to provide the necessary support until the end."
YG Entertainment announces the ending of their actor management business to focus fully on music:
— Kpop Charts (@kchartsmaster) January 17, 2025
— “We are so grateful to all the actors who have been with us and to the fans who have shown us so much love. We will continue to provide the necessary support until the end."… pic.twitter.com/UixLhp27qv
READ MORE: ROSÉ & Bruno Mars' 'APT.' Becomes Second K-Pop Track to Break Into Pop Airplay Chart's Top 5
It also reported that the label has been narrowing the less profitable sectors and concentrating its resources on its music business.
In 2024, the company's dance academy, YGX, was absorbed into the agency's Global Training Center to acquire its expertise and capabilities. YG has also broadened its internal production team from ten to over 50 members.
"Our business is being thoroughly restructured to focus on our core operations. This 2025, we are expecting these efforts to pay off with results. We are preparing to improve the sustainability of our intellectual properties, while also speeding up the discovery and development of new ones."
It continued, "We are planning to set a new course of growth for YG by reinforcing our core competencies and leadership in the music industry."
YG's current artist roster includes stars such as Lee Sung Kyung, Yoo In Na, Son Na Eun, Cha Seung Won, and Lee Soo Hyuk.
