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Posts Tagged ‘YG Entertainment

Get ready to add another album to your collection, VIPs, because GD&TOP will re-release their first album with a brand new cover next month. YG Entertainment updated their fans on their decision to change GD&TOP’s logo on their official website with a news posting on June 29th.

The post reads:

“Hello. This is YG Entertainment.

We thank you all for supporting GD&TOP’s first album, which was released back on December 24th of last year.

GD&TOP’s logo, as stated before in many interviews, was designed combining a rabbit, in recognition of the year of the rabbit, and a fist holding up a V-sign that stands for victory.

It was based off of Playboy Enterprises International Inc.’s rabbit design logo.

However, our company didn’t receive permission from Playboy, who has trademark rights for their rabbit logo, and we’re not involved with Playboy in any shape or form.

Therefore, to prevent any confusion, we’ve accepted Playboy’s polite request and have decided to stop using GD&TOP’s rabbit logo.

We will suspend sales for GD&TOP’s album, and release a NEW COVER version starting in July.

Please show your love and support for the newly designed ‘GD&TOP First Album New Cover Ver.‘ (all songs will be the same).

Thank you!!”

The new logo features GD&TOP in the shape of a heart.

By: Haifa.

Source: Allkpop.

The high quality of Big Bang’s newest 4.5 repackaged album has recently been garnering much interest, as the group raises a new standard in the design of collectable music albums.

Shaped in the form of a white, hard plastic case, the CD album measures at 15×18×3 centimeters, making it a thicker and bigger case than the standard CD case size.

Not only did the agency put in thought to the design, but also the organization of the album cover. If you slightly press on the area where it reads “BIG BANG“, a sturdy ‘click’ is heard and a separate plastic case pops out with the CD on top, just like how it would come out of an audio player. The repackaged album also contains a photobook and a family card for fans to enjoy.

YG Entertainment has not yet decided whether all artists of their agency will use this specific design for future albums, however they have planned for Big Bang’s album cases to be produced in this design from this album forward. According to a representative, the unit cost for one album is at least a whopping 30 times more than a standard selling album.

YG Entertainment are particularly well known for putting in extra investments in the quality of their album designs and music videos. This isn’t the only time Big Bang has received attention for the price of their case designs, as their 2nd full album gained interest in the past for having a cost production five times greater than the standard.

“We put in effort to keep alive Big Bang and YG’s unique specialty. We’re constantly putting in thought so that albums don’t stop at just being things to listen to and become things that fans can enjoy looking at and having. Not only that, but we’re always researching on how to raise the standards of album collectables in our current music industry”, stated a YG representative.

by: woon

sources: Allkpop and OSEN via Nate

KPOP’s top three management agencies, SM Entertainment (SMent), YG Entertainment (YGent), and JYP Entertainment (JYPent), have recorded all-time high revenues in 2010, exceeding 150 billion won (137 million USD) in total when combined together, local media Star News Money Today reported in an exclusive report today. Star News acquired revenue audit reports of all three labels through an internal system built by the Financial Supervisory Service from Jan. 1st to Dec. 31st of last year, as they were given access to each company’s total sales, sales revenue, and net profit in the cited period. According to the report, all three companies recorded a surplus in revenue, which was more than 150 billion won (137 million USD) altogether.

SM’s total sales from 2010 were 86.4 billion won (79 million USD), an increase from 61.7 billion won (57 million USD) they recorded in 2009—the highest in company history. Their sales revenue also rose by 15 billion won (14 million USD) to 25.4 billion won (23 million USD) compared to the previous year, while their net profit reached 21.8 billion won (20 million USD), surpassing the 20 billion won mark for the first time as well.

YG too had the best year in terms of total sales and net profit. The hip hop label’s total sales were 44.7 billion won (41 million USD), sales revenue 10.3 billion won (9.4 million USD), and net profit 9.7 billion won (8.9 million USD) in the past year. It only took them one year to break their previous high which was set in 2009.

JYP had the lowest net revenue among the three, but nonetheless put up quite impressive numbers. Their total sales from last year was 21.6 billion won (20 million USD), more than twice the amount from 2009, while their sales revenue came in at 5.9 billion won (5.4 million USD), a remarkable growth from the previous year’s 230 million won (210K USD). What’s more impressive is the fact that JYP was finally able to turn things around and record a surplus of 904 million won (830K USD). In 2009, JYPE ran a deficit of 468 million won (430K USD) due to their investment in Wonder Girls’ US promotions.

by: woon

source: sup3rjunior


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