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

YG Family Rocks Singapore With Fantastic Shows At YG Family 2014 GALAXY Tour [PHOTOS]
Psy, Big Bang, And IKON... Who Will Comeback First?
YG Family 2014 Galaxy Tour: Power In Shanghai
When Will Psy's 'Daddy' Be Released?
HyunA And ‘Red’ Will Never Back Down

Latest Kpop News

AJAX Jaehyung & Hyojun, First Time MCs Of A Variety Program
Kim Tae Woo's Family Picture Revealed - 'His Daughter Grew So Much!'
The Chemistry Of Soyou X Urban Zakapa? Recording Room Picture Revealed
Lyn & Lee Soo, Finally Ties The Knot With Lee Juk & Kim Bum Soo As Wedding Singers
'Witch Hunt' T-Ara Eunjung, "Please Ask Me Out"

COMMENTS

Twitter
Facebook
Real Time Analytics