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K-pop mogul Yang Hyun-suk resigned Friday as mind of South Korea’s key record agency YG Entertainment amid drug and making love scandals that have rocked their company.

Yang, founder and even chief producer regarding YG Entertainment, said they would "step down through most positions and responsibilities" within the agency effective Feb 5th.

Their younger buddy Yg Min-suk, who is the company CEO, likewise introduced his resignation.

Themselves some sort of member of the famous boyband Seo Tae Ji in addition to Boys in this 1990s, Yg Hyun-suk produced YG in a K-pop powerhouse together with the success of idol teams such since BIGBANG and BLACKPINK.

YG was in addition right behind typically the 2012 mega reach "Gangnam Style" by means of Psy that will elevated the standing of K-pop to another level.

"
Wales quiz: Which of Euro 2016 ‘golden generation’ designed debut first? and Dietmar Hopp: Bundesliga protests focus on Hoffenheim owner, although would it be all about him? have dedicated the last 23 years of our living to YG Amusement, inch Yang, 49, said within a statement.

But Helpful Advice For The Soccer Enthusiast may possibly no longer hold up against "humiliating" allegations of his / her involvement in a very drug scandal that have been "taken as if they ended up true", he additional.

토토사이트먹튀검증The statement came after a good report by South Korean broadcaster KBS that Yang had attempted to silence some sort of person who else got given illegal drugs to just one involving his artists.

YG Entertainment, considered one of Sth Korea’s top three enjoyment agencies alongside SM and JYP, has been inside hot normal water after several of its singers had been implicated in a spate of scandals.

K-pop movie star Seungri, a BIGBANG associate whose real name is definitely Lee Seung-hyun, retired coming from show business in Strut after he was accused regarding arranging sex providers with regard to potential investors around his business enterprise.

Fellow YG performer .k Han-bin, a member regarding boyband bildzeichen, left the group on Wednesday amid allegations he acquired bought against the law drugs 3 years ago around a case Yang is usually accused of trying to hide.