G-Dragon Exits YG Entertainment After Beating Drug Investigation

G-Dragon Exits YG Entertainment After Beating Drug Investigation

A dwell efficiency from G-Dragon, who’s parted methods with YG Leisure. Picture Credit score: Nicole Voon

Days after South Korean police cleared BigBang member G-Dragon on suspicion of drug use, the 35-year-old has exited YG Leisure, the Ok-pop company has confirmed.

G-Dragon’s win over drug-use allegations entered the media highlight in experiences from regional shops earlier this week. However every of those sources appears to have touched upon solely a portion of the multifaceted, long-running state of affairs’s particulars whereas omitting numerous items of pertinent data.

In line with the Korea Occasions, the drug-use investigation stemmed from allegations made by a bar hostess. This particular person, the outlet communicated, advised police that she had seen G-Dragon (actual title Kwon Ji-yong) take unlawful medication at her place of employment approach again in December of 2022.

The feedback then set in movement the initially highlighted investigation, per experiences. G-Dragon denied the claims when talking with the media in addition to police and, in line with the Occasions, examined damaging for illicit narcotics on a number of events after the actual fact.

Moreover, at the very least six people who accompanied or noticed G-Dragon on the night time of the alleged crime reportedly advised police throughout interviews they hadn’t witnessed drug use on the a part of the Ok-pop star.

On Monday, roughly one yr following the purported felony episode, apart from these witness statements in addition to the talked about drug checks and police interviews, the artist was lastly cleared by the Incheon Metropolitan Police Company.

Not hesitating to make a significant skilled transfer, G-Dragon has reportedly parted methods with YG Leisure to signal with a brand new Ok-pop company referred to as Galaxy Company.

This exit has arrived months after the reported expiration of G-Dragon’s YG contract and almost 18 years after the debut of BigBang, which boasts 3.21 million month-to-month listeners on Spotify. Whereas quite a lot of Ok-pop-focused shops have penned items in regards to the break up, G-Dragon doesn’t seem to have immediately confirmed the information.

However YG indicated in a press release, printed on its web site and forwarded to media, that it needs the “iconic” G-Dragon “blessings on his new begin,” in line with Google’s translation of the Korean-language textual content. “We ask for lots of help and encouragement from our followers,” the temporary message reads in conclusion.

Lastly, although Galaxy Company seems to have a decidedly gentle digital presence, the entity is reportedly making ready to carry a press convention about G-Dragon’s signing tomorrow. Even so, the artist himself received’t be available for the occasion, per the identical experiences.

Regardless of the information, the inventory value of YG Leisure (KRX: 122870) slipped solely barely throughout right this moment’s buying and selling. Earlier in December, when the corporate inked an expanded take care of Blackpink, shares recorded a double-digit valuation spike, nonetheless.

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