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In a stunning transfer, YG Leisure has relinquished the trademark rights to the long-lasting stage names G-Dragon and GD to their authentic creator, Kwon Ji Yong. The choice comes sizzling on the heels of the Okay-pop legend’s departure from the company earlier this 12 months.
G-Dragon’s affect on the music business is plain. With the switch of trademark rights, the artist positive factors full possession of a reputation which made him a family title on the worldwide entrance. Notably, YG Leisure made this determination with out in search of any compensation, which left many followers wonderin why.
YG palms over full trademark rights to G-Dragon
The legendary Okay-pop boy band, recognized for being the most well-liked and dominant Okay-pop act of Technology 2, performed a key function in establishing YG as an enormous within the Okay-pop business. Final October, YG reportedly filed an software for the renewal of its trademark for G-Dragon’s stage title, a transfer that puzzled many provided that the artist’s contract with the company had already expired in June of the identical 12 months.
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Nevertheless, on August 1 TenAsia revealed, YG confirmed that the trademark rights had been transferred to G-Dragon without charge. “It’s true that we now have absolutely handed over all trademark rights to G-Dragon’s stage title, together with ‘G-Dragon’ and ‘GD,’ to G-Dragon,” the corporate rolled out a short assertion confirming the identical. “We’re conscious the trademark for G-Dragon has been transferred, and there are not any points with utilizing the title for actions.”
Why was G-Dragon’s trademark transferred with none value?
YG Leisure’s selection to surrender the rights with out asking for any cash is a great transfer that exhibits they actually see how influential Kwon Ji Yong is. The title “G-Dragon” is a giant a part of who the artist is and the way is he recognised worldwide. By granting him full possession, YG acknowledges that the artist’s persona and the model are just about synonymous. This determination not solely offers G-Dragon freedom to totally capitalise on his inventive imaginative and prescient but in addition positions YG as a forward-thinking label that values its artists’ autonomy and inventive freedom.
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G-Dragon’s comeback
The Okay-pop idol is about to make his much-anticipated comeback in October 2024, in line with his new label, Galaxy Company. With the switch of all rights to his iconic stage title, it’s a giant aid for each followers and the artist himself, permitting him to proceed his illustrious profession with out giving up the picture he spent years constructing.
