BigBang's agency YG Entertainment terminates Seungri's contract, apologises for not disciplining artists well

BigBang's agency YG Entertainment terminates Seungri's contract, apologises for not disciplining artists well
Lee Seung-hyun, who performs under the name Seungri, announced his exit from showbiz on Monday.
PHOTO: AFP

South Korean artiste management agency YG Entertainment made an official announcement today (March 13) that they would be terminating their contract with Seungri, a member of popular K-pop group, BigBang.

"We would like to extend our deepest apologies for causing so much worry to fans and the public regarding the case of violence that occured at the club managed by Seungri and the subsequent development of events," YG said.

"Following Seungri's announcement that he will retire, YG decided to accept his request to end the exclusive contract."

After being investigated by the police for acting as an agent for prostitution, Seungri had subsequently announced his retirement from showbiz on his Instagram account on Monday (March 11).

Prior to accepting the star's termination, YG claims that "Seungri did not consult them on the matter at that point of time and that everything was still undecided".

"As an artist management company, we were not able to discipline our artists properly, and for that we are currently reflecting upon ourselves," wrote YG.

They also added that the company "recognise the necessity for reforms to be made, and we promise that our employees will work together and strive for that to happen."

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In less than 2 months, BigBang singer Seungri has been plagued by scandals that eventually led to him quitting show business. http://str.sg/oRVp

Posted by The Straits Times on Wednesday, 13 March 2019

wenxin@asiaone.com

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