Galaxy Corporation Denies Rumors of Recruiting Baekhyun, Says There Were No Contract Discussions

Byun Baekhyun (Doc. Ist)

WartaGate.com – News about the possibility of Byun Baekhyun joining Galaxy Corporation had recently attracted widespread attention.

However, the agency has finally issued an official clarification to straighten out the information circulating among the public.

The issue emerged after a media report claimed that Baekhyun was in discussions regarding an exclusive contract with Galaxy Corporation. In the report, the agency was mentioned as one of the strong candidates to manage the idol’s future activities.

Responding to the rumor, representatives from Galaxy Corporation firmly denied the claims. They confirmed that there had never been any discussions about an exclusive contract with Baekhyun as reported.

This statement also helped ease speculation among fans who had suspected that Baekhyun might move to a new agency. Galaxy Corporation is currently known for managing several major artists, including G-Dragon, in various professional activities.

With this clarification, the agency hopes the public will stop speculating about a collaboration that, in reality, never took place.

Previously, Baekhyun established a independent label called INB100 to manage his solo activities. This move was part of his effort to gain greater control over his music career.

He was not alone in this endeavor, as two of his fellow EXO members, Kim Jong-dae and Kim Min-seok also joined the label.

The three of them remain active as the sub-unit EXO-CBX, continuing to carry out various music activities together amid their individual schedules.

The INB100 label itself operates under the umbrella of ONE HUNDRED, which is led by CEO Cha Ga Won.

Meanwhile, CEO Cha Ga Won’s name is currently under public scrutiny following allegations of fraud related to the management of artists’ intellectual property (IP) rights. He has been accused of using artists’ IP rights to obtain advance payments without carrying out business operations as agreed.

The situation has triggered unrest within the company and affected several artists who have reportedly decided to leave the agency. Some of the names said to have departed include THE BOYZ, Lee Seung-gi, VIVIZ, Lee Mujin, and BE'O.

In addition, the sub-unit EXO-CBX was also reported to have sent an official notice regarding the termination of their contract to the company. This move further adds to the growing list of artists choosing to distance themselves amid the ongoing controversy.