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On June 14, Yang Hyun Suk presented his official statement regarding the recent controversies surrounding YG Entertainment. While denying the charges, he announced his intention to withdraw from his position at YG Entertainment.
The founder of the agency said, "I am really sorry for the fans who love YG and the celebrities of our agency. I also sincerely apologize to all our employees who continue silently to do their job despite the torrential rain. "
He continued: "I patiently tolerated remarks too shameful and humiliating about the current situation because they were told without distinction, as if they were the truth. However, I think it's too difficult now. I think that there can no longer be any situation where YG, the celebrities of our agency and our fans suffer prejudice because of me. "
Yang Hyun Suk concluded, "For 23 years, I have devoted half of my life and all to developing the GJ. However, I will be leaving my position and working at GJ starting today. I sincerely hope that there will be more trouble for the celebrities of the YG agency than I love and for the fans who love them, because of me. "
Read his full statement below:
It's Yang Hyun Suk.
I am really sorry for the fans who love YG and the celebrities of our agency.
I also sincerely apologize to all our employees who continue silently to do their job despite the torrential rain.
I patiently tolerated overly shameful and humiliating remarks about the current situation because they were told indiscriminately, as if they were the truth. However, I think it's too difficult now.
I think that there can no longer be any situation where YG, the celebrities of our agency and the fans suffer prejudice because of me.
For 23 years, I have devoted half of my life and all to the development of youth.
Supporting the best music and the best artists has been the greatest happiness for me. I thought it was the only ability I could bring to fans and society.
However, I will be leaving my position and working at GJ starting today.
I sincerely hope that there will be more trouble for the celebrities of the YG agency than I love and for the fans who love them, because of me.
At present, many of the GY experts have more abilities and meaning than me. I think that my resignation will be a good opportunity for them to better show their abilities. I sincerely hope that the GJ will stabilize as quickly as possible.
Finally, I believe that investigations will reveal the truth about media reporting and malicious gossip. Thank you.
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