Psy is close to achieving his dream of setting up his own label!
According to various music industry insiders,Psyis even closer to setting up his very own independent label, calledPSYG(pronounced P-S-Y-G).
Psy, who's been planning to establish his label for quite some time, is finally fulfilling his dream! Reportedly, the singer completed the process of legally registering his label this past June.
PSYG will operate much likeHIGHGRNDandThe Black Label, independent yet still affiliated to and a subsidiary of YG.
Congrats to Psy, and all the best of luck; we're happy that his dream is realized!