YG Entertainment goes on countdown

YG Entertainment's countdown clock

Top Korean agency YG Entertainment has caused a stir on the Internet after posting a digital clock timer on its blog YG Life.

The digital clock, posted on the official blog (http://www.yg-life.com) starting Monday, indicated on Wednesday morning that in 110 hours YG Entertainment will make an announcement.

"The only person who knows what will happen on that day is the founder and CEO of YG Entertainment, Yang Hyun-suk," an official from YG was quoted as saying in several reports, hinting that it will deal with important news.

Fans and industry sources are speculating Yang will announce the comeback of Korean boy band Big Bang to the local music scene or the official U.S. debut of girl group 2NE1.

In August, reports had stated that Big Bang, currently busy promoting themselves in Japan, would return to Korea with a new album while Yang announced that 2NE1 is readying for their debut in the U.S. with The Black Eyed Peas frontman Will.i.Am.

YG Entertainment was founded in 1996 by Yang Hyun-suk, a former member of popular Korean group Seo Tai-ji and Boys.

The company manages the careers of many successful K-pop singers including Big Bang, 2NE1, Se7en, Gummy and Psy.

YG artists are currently preparing for their two-day "2010 YG Family Concert" to be held at the Olympic Park Stadium on December 4 and 5.

Source : korean wave