G-Dragon, a former member of the group Big Bang, has stirred up transfer rumors after leaving YG Entertainment this year, completing 18 years since his debut. Notably, the company he is rumored to be joining is not a music agency but an AI metaverse company known for producing variety shows. Both G-Dragon and the company have yet to clarify these rumors, but if the transfer materializes, it would mark a significantly different path for him.
Recent reports suggest that G-Dragon is on the verge of signing an exclusive contract with Galaxy Corporation, known for producing the Netflix variety show 'Physical: 100'. It's speculated that G-Dragon has finalized the details of the contract with Galaxy Corporation and will soon make an official announcement.
Since his contract with YG Entertainment expired in June without renewal, G-Dragon has been maintaining a low profile for about six months. During this time, there were rumors of him joining Warner Music Group after he posted a picture on his social media with the caption 'Welcome G-Dragon' on the Warner Records office billboard. However, neither party confirmed the rumor. Later, G-Dragon's focus shifted to addressing allegations of drug use rather than his career moves.
Police investigations into G-Dragon for drug allegations occurred, but he strongly denied all charges. Subsequent tests, including hair and nail analysis, returned negative, strengthening the belief in his innocence. Recently, G-Dragon hinted at a comeback by posting a 'new song' video on his social media, suggesting his expected acquittal.
Amidst these developments, the transfer rumor has garnered significant public attention. There's speculation that G-Dragon might make a solo comeback with a new agency as soon as he clears his charges.
What's particularly striking is that the company he is rumored to be joining, Galaxy Corporation, is known for producing 'Physical: 100' and is an AI metaverse business rather than a traditional music agency. Established in 2019, Galaxy Corporation has produced various shows, including Mnet's 'Sub-character Selection Contest', TV Chosun's 'Sub-character Golden Age', and 'Avatar Dream'. It also owns the production company of 'Street Woman Fighter' and recently expanded its business rapidly, including hiring former MBC PD Jang Ho-ki as CCO of its content label 'Studio27'.
Galaxy Corporation, primarily focused on avatar and metaverse businesses, has expanded into entertainment production, commerce, and technology research, attracting significant investments in each field. The company's recent news of attracting major new investments to expand its celebrity IP and content production has led to speculation that G-Dragon's joining could mark its entry into the K-pop market.
If Galaxy Corporation is indeed expanding into K-pop, G-Dragon's recruitment could be a strategic move to strengthen this new venture. The reason for G-Dragon potentially partnering with a company diversifying its business rather than a traditional music agency raises questions.
A music industry insider commented, "G-Dragon is too big an artist for a conventional music agency to handle. It's not easy to find an agency that can support his music activities while blending its own identity. His options would be limited to a personal agency, a large foreign company, or a new company with a system that can freely support him. If G-Dragon chooses to join the rumored company, it would likely be after considering these factors."