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Galaxy Corporation ramps up artist signings ahead of IPO — but at what cost?

AKP STAFF
Posted by Minsoo-Kim 2 hours ago 1,068

Galaxy Corporation, an AI entertainment tech company preparing for a KOSPI listing, is aggressively expanding its artist roster. However, the response from fans—particularly those of G-Dragon—suggests the strategy may be doing more harm than good.

Galaxy made headlines in 2023 by signing its first major name: G-Dragon. But what began as a bold entrance into the management business quickly drew criticism. Fans labeled the company as “incompetent,” pointing to a string of missteps. Despite this, Galaxy continued to pursue high-profile signings—bringing in actor Song Kang Ho and TV personality Kim Jong Kook as its first official additions in their respective fields.

Frustration among G-Dragon’s fanbase has steadily mounted. His solo concert in March began more than 70 minutes late, earning backlash. In June, he was 40 minutes late to a brand launch event, solidifying his image as a “chronic latecomer.” Most recently, the abrupt cancellation of a concert in Thailand without a clear explanation left fans confused and disappointed.

These issues have been attributed to Galaxy’s lack of management experience, poor planning, and weak execution. Fans have consistently demanded that the company overhaul its approach to artist management.

Despite these concerns, Galaxy has remained focused on acquisition. Since early this year, the company has reportedly held meetings with numerous actors nearing contract expiration with their current agencies. These efforts appear aimed at boosting corporate scale in preparation for a public offering.

But cracks are also forming here. Names of actors in negotiations have been leaked, and Galaxy publicly denied its contract with Kim Jong Kook just three weeks before officially announcing it—highlighting internal communication problems.

Galaxy’s aggressive expansion, driven more by IPO ambitions than artist care, is beginning to damage not only its reputation but also that of the stars it manages—or plans to manage. With a growing track record of mismanagement, doubts linger over whether Galaxy Corporation is truly capable of supporting its artists the way they deserve.


SEE ALSO: G-DRAGON sets new F1 record with 65,000 attendees at 2025 Singapore Grand Prix performance

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