Stock Drop for YG Entertainment Amid G-Dragon Copyright Probe

YG Entertainment's stock fell 4.80% amid an investigation into G-Dragon's alleged copyright issues, involving Yang Hyun-suk.

News of a police investigation into G-Dragon and executive producer Yang Hyun-suk for alleged copyright violations caused YG Entertainment's stock to drop. This halted a six-day rise following strong Q2 financial results.

At 9:22 a.m. on the 13th, YG Entertainment's shares traded at ₩97,200, a decrease of ₩4,900 (4.80%). The stock opened at ₩102,000 and dipped to an intraday low of ₩97,100, a drop of 4.89%.

The decline contrasts with recent gains. On August 8, YG reported a return to profitability in Q2, with ₩100.4 billion in revenue and ₩8.4 billion operating profit, resulting in ₩11.2 billion net income. The stock reached a 52-week high of ₩104,900 on August 12.

Seoul’s Mapo Police Station began investigating following a November complaint from composer A, alleging G-Dragon and Yang Hyun-suk illegally reproduced and distributed his work.




YG Entertainment refuted the claims. An official told Ilgan Sports that it originated from a 2009 solo concert where two songs with the same title were mistakenly listed, not unauthorized album reproduction.

Police have interviewed involved parties and conducted two raids on YG Entertainment’s headquarters during the investigation.