A major shift in the K-pop industry is underway as THE BLACK LABEL officially distances itself from YG Entertainment, sparking both excitement and concern among fans.
For the first time since its founding in 2016, THE BLACK LABEL no longer has a YG-affiliated figure on its board of directors. This follows the departure of Yang Min-suk, whose term officially ended in December 2025.
Previously established as a YG sub-label, the company had always maintained close ties with its parent agency. However, YG’s stake has steadily declined—from 45% in 2019 to just 14.55% by late 2025—signaling a gradual separation that has now become complete.
The label is currently being operated largely by former executives from Pearl Abyss, with reports suggesting that it is actively seeking investment from major players like Krafton and Tencent.
Industry insiders believe this could be a strategic move toward a future IPO, positioning THE BLACK LABEL as a fully independent powerhouse in entertainment.
The label currently manages an impressive lineup of artists, including: Rosé, Taeyang, Jeon Somi, Park Bo-gum and Kwak Dong Yeon.
With such high-profile names under its management, the company’s next steps will have significant implications across the industry.
While some fans have welcomed the move toward independence, others are expressing concern.
THE BLACK LABEL has previously faced criticism over infrequent comebacks and limited promotional activities. Additionally, longtime producer Teddy—a central figure in the label—has occasionally been scrutinized for his musical direction.
Independence sounds promising, but fans are questioning whether it will lead to better opportunities—or more uncertainty—for the artists.
Sources: The Bell,Koreaboo