YG Plus

YG Plus Inc.

Native name	YG 플러스
Formerly	Phoenix Holdings Inc.
Company type	Public
Traded as	KRX: 037270
Industry	Advertising Media Music
Founded	November 15, 1996; 27 years ago (1996-11-15)
Headquarters	07326 10, Gukjegeumyung, Yeongdeungpo, Seoul , South Korea
Key people	Choi Sung-jun (CEO) Yang Min-seok (chairman of the board of directors)
Products	Advertising Media Music
Revenue	₩1.4 trillion (US$1.23 billion) (2022) ₩1.2 trillion (US$1.05 billion) (2021)
Operating income	₩220 billion (US$192.32 million) (2022) ₩103 billion (US$90.04 million) (2021)
Net income	₩167 billion (US$145.99 million) (2022) ₩226 billion (US$197.56 million) (2021)
Total assets	₩2.41 trillion (US$2.11 billion) (2022) ₩2.23 trillion (US$1.95 billion) (2021)
Owner	YG Entertainment (30.20%) Hybe Corporation (17.90%) Yang Min-suk (3.50%) Others (48.38%)[1]
Parent	YG Entertainment
Subsidiaries	see list
Website	ygplus.com
Footnotes / references [2][3][4]

YG Plus Inc. (previously Phoenix Holdings Inc.) is a South Korean publicly traded media and advertising company acquired by YG Entertainment in November 2014. In 2019, the company entered the music distribution industry and also engages in production, distribution, and licensing of merchandise related to music artists. In January 2021, Hybe Corporation and its technology subsidiary, Weverse Company, acquired 17.89% of the company in a merchandising and distribution deal that would see YG Entertainment's artists join Weverse in return.