Friday, February 27, 2009

'Game High' will organize a game company with Rain and Yang

'Game High' will organize a game company with Rain and 'Yang Hyun-Suck' who is one of the former idol group " 'Seo Tae-Ji' and Children" members.

'Game High' announced that they will newly found "ifan.com", the fan game software developer, through a joint investment with singer Rain's J.Tune entertainment and Yang's YG entertainment.

'Game High' investment is 2.7 hundred million won (about 180,000 dollars).
On the new foundation, 'Game High' will own about 47.75%, YG entertainment and J.Tune entertainment will own 22.75% and 9.5% respectively. Yang is expected to take 15% personally.

Source: hankyung.com
Brief translation credit: rain bird@rain-eu.com

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