Taeyang will be leaving YG Entertainment in favor of THE BLACK LABEL, while G-Dragon will stay with YG Entertainment.
According to an exclusive report from SPOTV, Taeyang will be leaving YG Entertainment amd joining THE BLACK LABEL. G-Dragon will continue to promote with YG Entertainment.
In a statement shared by YG Entertainment, they confirmed the news of Taeyang’s departure, but stated he will continue to promote with BIGBANG.
Hello, this is YG Entertainment.
We would like to inform you that BIGBANG member Taeyang will be joining YG Entertainment subsidiary company THE BLACK LABEL as an artist. We are truly happy to be able to deliver this news.
He will still be a member of the YG family and BIGBANG. We understand that many people are waiting for BIGBANG to promote, and we will work hard to make that into reality.
— YG Entertainment
YG Entertainment did not comment on G-Dragon’s status with the company.