YG Entertainment never holds back when it comes to spending money on its artists.
YG entertainment was once demoted from a blue-chip company to a small and medium firm due to poor financial results. Nevertheless, such a demotion never affects the wealth of YG, which still spends huge amounts on its artists.
BLACKPINK is currently in the middle of their world tour “BORN PINK”, and the set of their concerts have never disappointed any fans. In addition, YG also flies BLACKPINK and staff members around using a chartered jet, which is fully decorated with “BORN PINK” head covers.
Kpop groups nowadays often boast stunning MV productions with jaw-dropping costs. However, for YG, this has been the tradition since the 2nd generation, with 2NE1’s “Come Back Home” MV approximately costing 500,000 USD. The music video of BIGBANG’s “Love Song”, which used a technology never since before at the time, also cost up to 200,000 USD.
In addition, contrary to many other agencies, YG refrained from using the greenscreen when filming the MVs for its artists. Instead, the company builds astonishing sets and utilizes extremely eye-pleasing special effects.
From the colors to the movements, every product of YG artists is perfectly produced, and exudes luxury every second.
YG’s wealth is also shown through the company’s headquarters, which cost around 74.7 billion won to build. The building also flaunts a completely different architecture compared to others, with YG’s signature chic vibe.
It is known that YG’s new building included 14 floors with a total area of 19,834 meters square. The building is also well-equipped with facilities for exercising, entertainment, as well as the famous cafeteria.
Source: Yan News