It has been revealed that Yang Hyun Suk of YG Entertainment and Baek Chang Joo of C-JeS Entertainment met up in secret at the end of September. The meeting immediately piqued the public’s interest and raised speculation of possible partnership.

Many people were curious on what kinds of conversations the heads of two large companies had during the secret meeting. The rumors of possible partnership surfaced especially after the recent merging of big entertainment agencies, SM Entertainment and Woollim Entertainment, as well as the partnership between Cube Entertainment and iHQ.

However, representatives from both sides stated that the meeting was just a casual meet-up between two friends. “The two CEOs only gathered together for a simple meal. It was only a meeting to exchange greetings, nothing more or less.”