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K-pop mogul resigns as drug, sex scandals rock YG Entertainment

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2019/tvpatrol/06/12/20190614-yang-hyun-suk.jpg"/><figcaption>YG Entertainment founder and chief producer Yang Hyun-suk. Reuters/file</figcaption></figure></div>K-pop mogul Yang Hyun-suk resigned Friday as head of South Korea&#x27;s major record agency YG Entertainment amid drug and sex scandals that have rocked his company.Yang, founder and chief producer of YG Entertainment, said he would &quot;step down from all positions and responsibilities&quot; in the agency effective Friday.His younger brother Yang Min-suk, who is the company CEO, also announced his resignation.Himself a member of the popular boyband Seo Tae Ji and Boys in the 1990s, Yang Hyun-suk developed YG into a K-pop powerhouse with the success of idol groups such as BIGBANG and BLACKPINK.YG was also behind the 2012 mega hit &quot;Gangnam Style&quot; by Psy that elevated the standing of K-pop to another level.&quot;I have dedicated the last 23 years of my life to YG Entertainment,&quot; Yang, 49, said in a statement.But he could no longer withstand &quot;humiliating&quot; allegations of his involvement in a drug scandal that have been &quot;taken as if they were true&quot;, he added.The announcement came after a report by South Korean broadcaster KBS that Yang had tried to silence a person who had provided illegal drugs to one of his artists.YG Entertainment, considered one of South Korea&#x27;s top three entertainment agencies alongside SM and JYP, has been in hot water after some of its singers were implicated in a spate of scandals.K-pop star Seungri, a BIGBANG member whose real name is Lee Seung-hyun, retired from show business in March after he was accused of arranging sex services for potential investors in his business.Fellow YG artist Kim Han-bin, a member of boyband iKon, left the group on Wednesday amid allegations he had bought illegal drugs three years ago in a case Yang is accused of trying to cover up.

K-pop mogul Yang Hyun-suk resigned Friday as head of South Korea's major record agency YG Entertainment amid drug and sex scandals that have rocked his company.

K-pop mogul Yang Hyun-suk resigned Friday as head of South Korea's major record agency YG Entertainment amid drug and sex scandals that have rocked his company.