Nam Tae Hyun Says He Is in Debt After Leaving YG Entertainment
Jun 20, 2018
K-pop boy band South Club's leader Nam Tae Hyun revealed that he is in debt after leaving YG Entertainment, and he also mentioned his relationship with Yang Hyun Suk during the recent talk on a variety show.
On June 19 episode of MBC every1's variety show 'Video Star', Nam Tae Hyun talked about his former management agency YG Entertainment.During the talk, Nam Tae Hyun revealed that he has been financially struggling after establishing his own label.
Nam Tae Hyun said, "It is not easy to manage everything by myself from styling my fellow members to scheduling. It makes it worse as our songs are not doing too well."
He added, "Since my company is not a big company, I have to use my personal savings or make a loan to cover the expenses to pay my employees their monthly salary. I owe lots of money to the bank."On this day, he also thanked Yang Hyun Suk, the head of YG Entertainment.
He said, "I learned a lot at YG Entertainment. Yang Hyun Suk basically saved my life. I owe him so much."He continued, "I still keep in touch with him. I'm always feeling grateful to him for giving me an opportunity to start music. After running my own label, I learned to understand him. As an ex-YG Entertainment singer, I will make good music so that I don't disgrace YG Entertainment."Meanwhile, South Club unveiled its new title track 'OUTCAST' on May 30.
