As YG Entertainment and Universal Music Group invested in a live streaming platform which is a joint venture by Big Hit Entertainment and Kiswe, a large digital live streaming platform was born.
YG and Universal Music Group plan to grow into a global streaming platform by making their artists appear on KBYK Live’s streaming platform ‘VenewLive’.
In September of last year, after establishing a joint venture KBYK Live, ‘VenueLive’ was launched to conduct online concerts.
In addition, YG, a major domestic agency, and Universal Music Group, a global music company, joined forces to establish a global artist lineup.
Source: news.tvchosun.com
