G-Dragon was once one of the iconic artists of YG Entertainment. But in June 2023, the leader of Big Bang decided not to renew his contract with YG. He left this company after more than 20 years of working since he was an trainee.
G-Dragon's signing of a contract with Galaxy Corporation in November 2023 caused a stir, because this 2019-based company had not previously operated in the field of artist management, but mainly focused on combining AI technology and metaverse (virtual universe technology) with the entertainment industry.
According to industry sources, Galaxy Corporation CEO Choi Yong Ki has a close relationship with G-Dragon and has actively provided legal advice to the male singer during the period when he was suspected of using drugs. After being cleared, G-Dragon decided to join Galaxy Corporation.
G-Dragon's joining a less-known company has made fans worried about his future, especially at a time when the male singer is planning to return to the music scene after many years.
It is reported that Galaxy Corporation paid G-Dragon 10 billion won in cash and 10 billion won in the form of stock options when signing an exclusive contract.
The company's value at the time G-Dragon signed the contract was estimated at about 470 billion won. G-Dragon's stake is estimated at more than 2%.
According to industry sources, the Big Bang leader received half of the contract fee as stock options, instead of cash, because he expected the company's value to increase.
And G-Dragon's decision seemed to be on the right track and enjoyed a "sweet reward".
A few months ago, Galaxy Corporation began pursuing listing on the KOSDAQ. Investors predict the company's value is around more than 1 trillion won. If the listing is successful next year, G-Dragon's stock could increase to 20-30 billion won.
Recently, Galaxy Corporation's financial report continues to be surprising. The company recorded total revenue of 126 billion won, operating profit of 12 billion won and net profit of 13 billion won in the first half of 2025.
This achievement far exceeded the growth rate in 2024, with a sales growth rate of 207% over the same period last year. Currently, in just 6 months, Galaxy Corporation has generated more than 3 times more revenue than in 2024 (reaching about 40 billion won).
In the entertainment - media field, Galaxy Corporation has proven its production capacity through hundreds of TV shows, notably "2 Days, 1 Night", "Let's Kick Together", "Mr. Trot 3", Physical 100 Season 2...
Along with that, G-Dragon brought a large source of revenue to the company when releasing his 3rd studio album Übermensch in February 2025 - marking his solo comeback after 11 years. The male singer's tours have been "sold out" for shows on the Asian stage, receiving explosive reactions globally.
The beverage product collaborating with G-Dragon called PEACEMINUSONE Highball has sold more than 10 million cans in 2025, once again proving the artists great appeal.
Projects combining technology and entertainment, such as the media technology exhibition during the Übermensch tour, or a partnership with Microsoft to bring G-Dragons music into the universe, have contributed to diversifying the companys business model.
After G-Dragon, Galaxy Corporation has recently continued to expand its artist management field by signing contracts with two stars, veteran actor Song Kang Ho and singer Kim Jong Kook.
