PSY has announced that he will be leaving YG Entertainment.
On May 15th, YG revealed that “YG Entertainment and PSY has decided to conclude our exclusive contracts. Through deep conversations with PSY, YG Entertainment has decided to respect PSY’s thoughts of craving for new challenges. YG and PSY have been together with special trust for the past eight years. We provided endless support to PSY’s overflowing energy and passion for music. We were also moved as ‘Gangnam Style’ gained worldwide popularity. Regardless of an exclusive contract, YG and PSY’s close relationship will last forever. We will continue to cheer on PSY’s great new beginnings and wish for his health and happiness. We express our deep gratitude to the fans who have loved PSY as a YG artist until now.”
PSY had signed with YG in 2010 and renewed his contract once to spend a total of eight years with the company. Now, its time for PSY to close this chapter and open a new one! We hope PSY all the best for the future as we continue to discover new music from him.
Officially Kmusic will continue to keep you updated on PSY, so stay tuned!
Written and edited by Tracey