PSYsWorld.com Mail RSS Twitter Facebook
HomeComeback / Teaser / Music Video Published August 08, 2012 11:41 AM EDT

Foreign Investors are Interested in Psy's "Gangnam Style"

Many foreign investors have started to gain interest at YG Entertainment. There have been news that Psy might promote globally soon, which gained even more attention.
COMMENTS PRINT
Foreign Investors are Interested in Psy's "Gangnam Style"
Foreign Investors are Interested in Psy's "Gangnam Style" (Photo : d)

Foreign Investors are Interested in Psy's "Gangnam Style"

Many foreign investors have started to gain interest at YG Entertainment. There have been news that Psy might promote globally soon, which gained even more attention.

Like Us on Facebook

It was reported today that YG Entertainment's foreign ownership percentage went up to 7.09% from 1.8%.

A stock analyst commented, "Through YG's stock option event, many foreign investors took advantage of that."

YG Entertainment stated, "Through the stock option event, foreign investors took 250,000 shares through mass marketing."

YG Entertainment has always been known to be a bit behind SM Entertainment in foreign promotions. YG currently only has Big Bang and 2NE1 doing foreign activities. However, with the promotion of Psy, things could change.

Psy's "Gangnam Style" became a hit overseas and his music video is currently hitting over 12 million views.

Psy also plans to start his Japan activities in September.

comments PRINT

Latest Psy News

K-Wave Stateside: K-Pop Stories In American News (Week Of November 17 - November 23, 2014)
IU Reaches One Million Followers On Twitter
Psy To Reprise 'All Night Stand' Concert Series This December
K-Pop Idols Who Are Making A Comeback In November
Long List Of Celebrities Pay Their Respects To Musical Legend Shin Hae Chul Upon Death

Latest Kpop News

EXO's Baekhyun Criticized For His Reaction To Hi Suhyun's 'Inkigayo' Win Over Super Junior's Kyuhyun
Why Some Korean Fans Are Upset By WINNER Member Nam Tae Hyun's Informal Language
'Dr. Frost' Is A Character Who Feels Neither Love Nor Sorrow
Big Bang Side Project GD x Taeyang Surpass 5 Million YouTube Views With 'Good Boy' Music Video
After School Wrap Up Japan Tour With Performance For 3,000 Fans In Tokyo

COMMENTS

Twitter
Facebook
Real Time Analytics