News / Headlines / Comeback / Teaser / Music Video

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

By Staff Writer | August 08, 2012 11:41 AM EDT

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.

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.

Tagged :  Psy, Gangnam Style, YG Entertainment

Featured

Stars on TV / Movies 04.14.17 | 08:42PM EDT

Winner Reveals The Qualities Of Their Ideal Woman

Are you one of the WINNER's ideal woman?

Exclusive 04.14.17 | 08:41PM EDT

Samsung Spoils EXO-L With Galaxy S8 EXO Smart Cover

Samsung recently launched its new line of smartphone accessories, one of which is EXO Smart Cover. The sophisticated cover will make Galaxy S8 an EXO-themed smartphone.

04.14.17 | 08:33PM EDT

Mina Broke Down In Tears As She Revealed The Struggle Of Dating Younger Guy

Singer Shim Mina shared what it feels like to date a man 17 years younger in an interview with OSEN.

KpopStarz Is Looking For Enthusiastic Entertainment Contributors Reach Millions On The Web.
Real Time Analytics