YG Entertainment Will Held YG Family Tour This Year?

Based on MTN Korea news, YG Entertainment reportedly to held YG Family Tour this year.

YG Family World Tour, in which YG entertainment artists are dispatched, revives in four years. It is noteworthy that the WINNER, iKon, and Blackpink will be successfully replaced by generations in this world tour.

In particular, YG, which has been invested by Chinese companies Tencent and Weing (China Mobile Ticketing Company) in 2016, is planning a direct performance plan in China for the recent midsummer sea mood.

According to the entertainment industry on October 24, YG is planning a YG Family World Tour performance. It is expected to perform during the second half of this year.

"YG Family World Tour is a traditional performance," said an official from the performing arts industry. "There was talk of going on every year, but this time, the performances will be on a symbolic level to successfully show the generations of YG artists." .

The last YG Family World Tour was held 10 times in 2014 in five countries including Korea, China, Japan, Singapore and Taiwan.At the time, 400,000 audiences visited the concert hall.

The show will be filled mainly with Winner,iKon, Black Pink, etc.

"YG, such as ikon, BigBang, and Winner in the first half of the year, swept the top of the music charts in the first half of the year," an official from the performing arts industry said. "Groups that have successfully replaced their generations in the absence of the BigBang members will lead the performances."

iKon had the first title on the 43rd day as the title track of the regular 2nd album in the first half of the year, and Winner also won the first place on all charts with the regular 2nd album 'EVERYDAY'.

It is also possible that YG-Tencent-Weing will become a momentum to drive the new Korean wave in China. Tencent is an Internet-based service provider, the number one listed company in China. Weing is China's No. 1 online ticket platform.

YG has received an investment of 100 billion won from Tencent and Weing in 2016. At that time, YG had promoted the establishment of a joint venture (JV) with Tencent.

However, after the inducement of the investment, the cooperation of these companies was temporarily suspended due to the occurrence of the one - sidecar problem.

According to the report, Lee Nam-joon, a researcher at Investment & Securities, said, "Once the JV is established in China, we will be able to promote the concert directly by eliminating local promoters." "Sales channels of Tencent marketing tools and Weipiao (Weiqiao ticket platform) It is possible to plan the performance directly by using ".

"If the size of concert in China increases or the direction of a new business such as a sound source or a concert is established, the value of the JV will rise," he added. "This will also improve the corporate value of YG Entertainment."

An industry official said, "We had a lot of trouble with the performance of YG because of the lack of momentum for the BigBang members and the military".

Translated by Google

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