The K-Pop Agency Shake-Up You Need to Know About: Baekhyun, G-Dragon, and the Rumour That Set the Internet on Fire

The K-pop industry is no stranger to agency drama, but this one had fans genuinely buzzing. Reports surfaced suggesting that EXO’s Baekhyun might be joining G-Dragon’s newly launched Galaxy Corporation — and for a brief moment, the idea of two of K-pop’s biggest names under the same roof felt almost too good to be true. Turns out, it was. Here’s the full picture.

K-Pop Key Parties — Who’s Who in This Story

What Actually Happened?

Reports began circulating online that Baekhyun — one of EXO’s most commercially successful solo members — was in talks to sign an exclusive contract with Galaxy Corporation, G-Dragon’s recently launched management label. K-pop fans understandably went into a frenzy at the prospect of Baekhyun and GD operating under the same banner.

However, Galaxy Corporation moved swiftly to shut down the speculation, stating clearly that reports about discussions to sign an exclusive contract with Baekhyun are not true. That’s about as definitive as a denial gets in the K-pop industry.

Why Baekhyun Was Looking for a New Home — The INB100 Situation?

To understand why this rumour felt plausible, you need to know what’s been happening with INB100. Baekhyun, along with EXO-CBX labelmates Chen and Xiumin, has been in a very public feud with ONE HUNDRED — the subsidiary label under which they were signed — over the termination of their exclusive contracts. The CEO of the company is currently under investigation for multiple charges, including alleged non-payment of dues.

The fallout from this situation has been significant across the entire label group. Artists under its various imprints — including THE BOYZ, Lee Seung Gi, VIVIZ, Lee Mujin, and BE’O — have already sent termination notices. The agency is essentially unravelling, which makes the search for new management among its former artists very real and very urgent.

This is exactly why the Galaxy Corporation rumour gained traction so quickly. Artists need stable homes, and G-Dragon’s new label has been making moves — SHINee’s Taemin has already signed on and has been active under the label, including a high-profile Coachella appearance. The precedent was there, and fans connected the dots, even if those dots turned out to be the wrong ones.

You can read more about the broader dynamics of K-pop agencies and how they function within the Korean entertainment industry on Wikipedia.

What About Kwon Eunbi?

Adding another layer to this saga, Kwon Eunbi was also reportedly in talks with Galaxy Corporation after her exclusive contract with Woollim Entertainment expired in late March 2026. Those talks also fell through — she has since signed with RBW, the agency known for managing MAMAMOO among others. Galaxy Corporation, it seems, is being selective about who joins its growing roster.

For more K-pop industry news, agency updates, and idol comebacks, visit Technosports and check out our latest K-pop and Korean entertainment coverage.

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