PSY’s long-cherished dream of making an independent label will finally be true.
According to sources, PSY is to set up an independent label called “PSYG” under YG Entertainment. He has wanted to start a label for years, and recently he was able to take steps in making his dream of establishing a label come true. He even finished the corporate registration process for his label on August 6.
PSYG will be run as an independent sub label of YG along with THE BLACK LABEL and HIGHGRND. Led by TABLO, HIGHGRND is the label of THE BLACK SKIRTS and HYUKOH. TEDDY, KUSH, and ZION.T are signed onto THE BLACK LABEL, and they make music in a system independent from YG.
PSY had talked about how he wanted to start a label before and said, “It was a promise between YANG HYUN SUK and me when I joined YG.”
PSY will be leading PSYG and explore and create various genres of music. It is said that YANG HYUN SUK promised to provide full support for PSY’s new label.
Meanwhile, PSY is currently going back and forth between Korea and China to work on his album and do promotional activities in China.