YG Plus

YG Plus Inc. (previously Phoenix Holdings Inc.) is a South Korean publicly traded media and advertising company acquired by YG Entertainment in November 2014. In 2019, the company entered the music distribution industry and also engages in production, distribution, and licensing of merchandise related to music artists. In January 2021, Hybe Corporation and its technology subsidiary, Weverse Company, acquired 17.89% of the company in a merchandising and distribution deal that would see YG Entertainment's artists join Weverse in return.

YG Plus Inc.
Native name
YG 플러스
FormerlyPhoenix Holdings Inc.
Company typePublic
KRX: 037270
Industry
FoundedNovember 15, 1996 (1996-11-15)
Headquarters
07326 10, Gukjegeumyung, Yeongdeungpo, Seoul
,
South Korea
Key people
Choi Sung-jun (CEO)
Yang Min-seok (chairman of the board of directors)
Products
Revenue
  • 1.4 trillion (US$1.23 billion) (2022)
  • 1.2 trillion (US$1.05 billion) (2021)
  • 220 billion (US$192.32 million) (2022)
  • 103 billion (US$90.04 million) (2021)
  • 167 billion (US$145.99 million) (2022)
  • 226 billion (US$197.56 million) (2021)
Total assets
  • 2.41 trillion (US$2.11 billion) (2022)
  • 2.23 trillion (US$1.95 billion) (2021)
Owner
ParentYG Entertainment
Subsidiariessee list
Websiteygplus.com
Footnotes / references
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