Earlier last week, Korean news site Hankyung reported that YG Entertainment was furthering development plans with Chinese entertainment company Yuehua Entertainment.

As you might know, YG Entertainment, home to groups like BIGBANG, 2NE1, Epik High, WINNER, the upcoming iKON, as well as G-Dragon, TAEYANG, Hi Suhyun, etc. has been named as one of the top 3 entertainment companies in South Korea. Recently, they’ve been actively promoting their new artistes as well as working on business development projects (read: NONA9ON, Moonshot).

They’ve also jointly produced the rookie Chinese-Korean group UNIQ with Beijing-based Yuehua Entertainment, which debuted with the title track “Falling in Love” in Oct:

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https://www.youtube.com/watch?v=v9D_AMPbqK4

Aside from that, YG rap group Epik High has also collaborated with Yuehua artiste Bibi Zhou in “With You”, which was released earlier this year.

To top it all off, Yuehua recently established a subsidiary branch located in South Korea, bringing the agency one step closer to the country’s entertainment industry. Hence, unsurprisingly, speculations ran wild about YG Entertainment and Yuehua Entertainment’s collaboration. Word has it that both agencies are currently in talks to work together for the joint production of movies and dramas, something that’s still fairly new to YG.

Rumour has it that if the talks go through, YG and Yuehua’s projects are expected to launch in Korea and China simultaneously as early as next year.

UNIQ
UNIQ

According to YG United, YG Entertainment has since responded to the report, stating that nothing has actually been worked out yet. A YG rep apparently told Star News on 4th Dec, “The rumours that we are in works for a content-related, collaborative production with Yuehua Entertainment are not true.”

However, another YG rep was a little more cautious about giving a definitive answer, responding:

It is true that we are in talks with Yuehua Entertainment regarding investment due to our close relationship, but we would need to look into it more before confirming whether or not there will be a collaborative drama or movie released in both countries as stated in the report.

So, is it true or is it not? Could they have just responded in such a manner because everything is still being kept under wraps for now? Only time will tell. Whatever it may be, the collaboration (if it happens) could mean more amazing projects from both YG Entertainment and Yuehua Entertainment!

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Other artistes currently under Yuehua Entertainment include former Super Junior member Hangeng, Ah Du, Pledis Entertainment artists NU’EST-M, and After School.

Sources: Koreaboo, YG United.

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