Jang Wooyoung, who is serving as JYP external cooperation director, voiced deep regret.
On the 16th, the YouTube channel "DdeunDdeun" uploaded a video titled "251016 mini excuse go: Yoo Jae-seok, Cho Sae-ho, Jang Wooyoung, Hwasa."
In the released video, Jang Wooyoung said, "I'm JYP external cooperation director. I'm not an insider director, but a cooperation director," and shared that he is active as JYP external cooperation director.
However, he said he does not have equity in the company. Jang Wooyoung confessed, "I should have bought it. I wasn't interested in stocks and things like that. There was a chance but I didn't buy."
He continued, "When you sign the first renewal, you are usually given an option. At that time, you don't really know how the company will do. I think (Park) Jinyoung might have thought that giving 2PM the option could be seen not as acknowledging their hard work but as a feeling of telling the members to invest in the company, so he said, 'Just give the kids the contract money instead of equity,'" he explained.
He went on, "But looking back, it's maddening," because as of 2023 JYP Entertainment's market capitalization had become 16 times larger in 10 years.
In response, Cho Sae-ho asked, "If you could turn back time, how much do you think you would buy?" and Jang Wooyoung replied, "I'd buy it all. I'd put it all in," showing strong resolve and drawing laughter.
[Photo] YouTube capture
[OSEN]