Peninsula: Superpowered Daily Life

Chapter 50 YG Entertainment Undergoes a Complete Transformation

After erasing all traces of himself here, Zhou Wenzhe used "spatial teleportation" to return home.

As he expected, Yang Xianshuo did not turn himself in at all, but instead prepared to flee.

He had considered calling the police, but after thinking about Zhou Wenzhe's bizarre methods, he had to give up the idea. Even if he told the police, would they believe him? They would just send him to a mental hospital.

Moreover, he himself is not clean. Zhou Wenzhe has the evidence against him that could put him in jail for several years, and that would only be if he actively cooperated.

Now he only has one path left: leave South Korea as soon as possible and reunite with his family in the United States.

After packing his luggage, Yang Xianshuo called his younger brother. During the call, he didn't mention the terrible things about Zhou Wenzhe, but only said that the negotiations between the two had failed and that he was going abroad to hide for a while.

He hung up the phone, grabbed his luggage, and went out the door.

The moment he stepped out the door, he paused, and his anxious gaze instantly turned calm.

. . .

A week has passed.

During this period, two social news stories consistently topped the trending searches online.

The first incident involved a very serious fire in a building in the suburbs of Seoul, which resulted in dozens of deaths.

According to the fire department's investigation, the fire was caused by an electrical short circuit.

In addition, police confirmed that the building belonged to the Shannan Group, whose chairman also perished in the fire.

This is for the public to see, but the police are currently facing a major headache.

Many people know that this is where the Shannan Group entertains high-ranking government officials. On the day of the fire, a city councilor was diligently "studying English" inside, with two experienced "teachers" wholeheartedly tutoring him.

The councilor was too weak to escape, but the two "teachers" and some ordinary employees escaped. Fortunately, they were only choked and did not suffer any burns.

The police didn't get any useful information from the teacher, only that they saw Yang Hyun-suk, the president of YG Entertainment, at the club that day.

The fact that these people were able to escape was actually intentional on Zhou Wenzhe's part; he would only punish the scum and not harm the innocent.

Another piece of news has caused an earthquake in the entertainment industry, once again pushing YG Entertainment into an abyss.

YG Entertainment founder and former CEO Yang Hyun-suk has been formally arrested by police on charges of involvement in multiple cases of bribery, drug offenses, and the overseas organization MY.

In addition, he was also involved in the fire. Although there is no evidence yet to prove that he was directly related to the fire, it is too much of a coincidence that he was there that day and the fire broke out shortly after he left.

According to rumors, Yang Xianshuo voluntarily surrendered himself to the police and truthfully confessed to the crimes he had committed.

Although he didn't know why he changed his mind a day later, it was already a fait accompli, and he could no longer clear himself of suspicion.

The day after the news broke, Tianyi Capital, the company's second-largest shareholder, convened a board meeting.

At the board meeting, Yang Hyun-suk was officially removed from all positions at YG Entertainment, and accountability proceedings were initiated against him. Current CEO Yang Min-seok also resigned from his position.

A few days later, Tianyi Capital issued an announcement that it had officially acquired the shares of YG Entertainment held by the Yang brothers, becoming the company's largest shareholder.

With this, the Yang brothers completely withdrew from YG Entertainment, and the company changed hands.

. . .

BlackPink dormitory.

Jennie looked at the news on her phone with a worried expression and said to Jisoo, who was lying on the bed playing mobile games, "Unnie, is our company going to go under?"

"Sigh, I don't know either." Kim Jisoo sighed, lost interest in playing games, put down her phone, and stared at the ceiling.

"I wonder how the new president will be. I hope he won't abandon us."

"How could that be? No matter what, we're the company's only girl group."

"Why is that impossible? With a new president taking office, he's bound to train his own artists. Our company's female trainees have been training for many years and can debut at any time."

"Sigh, you're right."

"By the way, unnie, your friend hasn't joined the company yet, has he?"

"You mean Wenzhe? I don't think so. Let me call him and ask."

Kim Ji-soo picked up her phone again, found Zhou Wenzhe's number, and dialed it. Since she delivered his birthday gift last time, the two had not been in contact.

The call was answered after a few rings.

"Hey, Jisoo."

"Woncheol, you haven't joined our company yet, have you?" Kim Jisoo's tone was somewhat worried. She had previously hoped that he would join YG Entertainment, but now she didn't want to at all.

"Sigh, it's too late. I've already signed with YG Entertainment." Zhou Wenzhe was preparing to tease Kim Jisoo and surprise her.

"Huh? When? What's wrong...?" Kim Jisoo was filled with mixed feelings and didn't know what to say.

"Just a few days ago, I never expected this to happen."

"Sigh, alright, don't be discouraged. Just focus on learning acting skills first."

"Haha, I got it."

Just as the two were talking, Jennie's phone rang. She picked it up and saw that it was her manager calling.

"Hey, Doyoung oppa."

"Jennie, tell the others to get ready. I'll come pick you up in a bit."

"Now? What is it?"

"The company's new president has called a meeting with everyone. I need to go to the company now."

"Okay, I understand."

She hung up the phone, and Kim Ji-soo also ended her call with Zhou Wenzhe.

"Unnie, Doyoung oppa wants us to go to the company now, so hurry up and change your clothes."

"Where are you going?"

"The new president has a meeting, hurry up, I'll go tell them."

"it is good."

The four changed their clothes, went downstairs to the parking lot, got into the van, and headed to YG Entertainment.

In the car.

Kim Jisoo asked curiously, "Doyoung oppa, who's the new CEO?"

"I've never seen him either. I heard that he was hired from outside by the company's major shareholder."

"Oh, so what kind of meeting are we going to?"

"They didn't say anything, just that all the company's artists who don't have any schedules should attend. Don't be nervous, I guess it's just a chance for everyone to get to know each other."

Then, the car fell silent.

The group arrived at the company with trepidation.

The meeting room was almost full, with colleagues who were usually hard to see all present, including those from the acting department.

"Oppa, do you know anything?" Jennie asked WINNER's leader, Kang Seung-yoon, in a low voice.

Kang Seung-yoon shook his head. He had only learned today that the company had a new president, and he had a strong opinion about it. In his opinion, even if Yang Hyun-seok and Yang Min-seok left, the president should be promoted from within the company.

However, he doesn't have much say in these matters; those who do are currently serving in the military. I wonder what the reaction will be when the BIGBANG members return from their military service and find that not only is the group gone, but the company has also changed drastically.

Moreover, Kang Seung-yoon can't care about any of that right now. Their WINNER member Nam Tae-hyun has also been implicated in Yang Hyun-suk's case and has been taken away by the police for investigation. He doesn't know what will happen to his group in the future.

Not only him, but many artists present were also upset, unsure of what the future held for their careers.

. . . . . .