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Concerns rise over Chinese investors Posted : 2021-04-05 16:37 By Kim Jae-heun Concerns are growing over TV series produced by local entertainment companies whose large shareholders are Chinese firms, after the YG Entertainment-produced Joseon Exorcist went off the air for distorting Korean history. The supernatural history-based drama, Joseon Exorcist, was co-produced by YG Studioplex, Crave Works and Lotte Cultureworks. YG Studioplex is a TV production company jointly established by YG Entertainment and Barami Bunda in April 2017, though the entertainment agency owns 99.09 percent of the production firm s shares. What is causing the controversy is that two Chinese firms, Shanghai Fengying Business Consultant Partnership and Tencent Mobility, are the two largest shareholders in YG Entertainment after its founder Yang Hyun-suk, and they could have played an influence in the direction of the drama to favor a Chinese perspective of history.

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