'Gangnam Style' star Psy leaves YG Entertainment after 8 years

Park Sae-jin Reporter Posted : 2018-05-15 17:21 Updated : 2018-05-15 17:21
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[Photograph by Yoo Dae-gil = dbeorlf123@ajunews.com]


SEOUL -- Rapper Psy, well-known for his global hit song "Gangnam Style", ended his contract with YG Entertainment, eight years after he joined the entertainment powerhouse in 2010.

"We decided to end the contract with Psy," YG said in a statement on Tuesday. "After long talks, we decided to respect his will to face new challenges," it said, adding Psy and YG were bound together and their relationship would remain the same in the future.

Psy, who debuted in 2001, became a member of YG, home to K-pop artists such as BIGBANG, WINNER and Black Pink, in 2010. Two years later, he brought up a worldwide syndrome with Gangnam Style and his trademark horse-riding dance. However, Psy failed to retain his global fame with subsequent works such as "Daddy" and "New Face".