'Gangnam Style' hit sensation PSY recently parted ways with YG Entertainment on May 15th. YG Entertainment was his home agency since 2010 and had an exclusive contract with the singer for a total period of eight years.

YG Entertainment stated that the good relationship that they have had with him over the years will continue as PSY ventures out on his own to further establish his career within the K-Pop industry.

While he currently has several other agencies expressing their interest in signing him, it is reported that he is also contemplating whether he should set up his own agency.


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