YG Entertainment rakes in 13.8 million USD and counting for 2012!

YG Entertainment has currently brought in more than 15 billion KRW (approximately 13.8 million USD) so far this year.

The amount includes the profits brought in by artists active in 2012 such as  Se7en, Big Bang, G-Dragon, PSY, and 2NE1, but because it has currently only counted up to September of this year, additional profits from Psy, Epik High, and Lee Hi will be added on later. With the new earnings counted later for the fourth quarter, the total is expected to jump even more. The 15 billion KRW estimate is about a 17% increase from last year’s 12.8 billion KRW (approximately 11.8 million USD) revealed during the same quarter.

Experts are expecting a large profit from Psy, who recently has won or will win awards at the MTV EMA and AMA, as well as from Epik High and the ‘monster rookie’ Lee Hi, who is continuing to dominate music charts.

Source: Osen via Nate
Credits:  Allkpop

2NE1 cancels ‘New Evolution’ concerts in Malaysia and Indonesia!

2NE1 have canceled their ‘New Evolution‘ global tour stops in Malaysia and Indonesia.

The announcement on 2NE1′s official Facebook states: “BLACKJACK in Malaysia & Indonesia, Due to circumstances beyond our control, we regret to announce that the 2NE1 shows originally scheduled for Malaysia & Indonesia had to be cancelled [sic]. We sincerely apologize to all our fans in Malaysia & Indonesia and hope that we will be able to play there in the near future. The remaining shows on the tour have not been affected and we thank each and every one of you for your amazing love & support.”

Concert organizer Running Into the Sun has also stated that the concert in Malaysia was canceled due to “unresolved technical issues while producing the show.” The company further stated that they did not want to compromise the production value of the concert or safety of concertgoers.

Credits: Allkpop

Is 2NE1 gearing up for a comeback soon? Filmed music video in Los Angeles?

Park Bom was recently spotted with cameras filming her in Los Angeles, California.

A photo of Park Bom in a tight one piece dress with a hot pink cape was recently uploaded online. The photo was uploaded by a fan who lived in Los Angeles, who wrote, “Park Bom filmed a music video right in front of my house. I opened the window because 2NE1-style music was playing loudly outside. I saw Park Bom with a pink cape walking back and forth to the music on the street. There were about 20 male staff members filming with her.”

Fans have been wondering if the music video was being filmed for 2NE1′s upcoming comeback. What do you think?

Source: Sports Chosun via Nate
Credits: Allkpop