Galaxy

About Galaxy

Galaxy Corporation, founded in 2019 by CHO (Chief Happiness Officer) Choi Yong-ho, is an entertainment technology company headquartered in Seoul, South Korea. The firm operates at the intersection of technology and entertainment, self-identifying as a "Super IP Metaverse AI Enterprise." Choi Yong-ho, who previously founded the K-culture magazine "K-Wave," established Galaxy Corporation after his initial venture concluded in 2019.

The company's business model is centered on the convergence of intellectual property (IP), media, technology, and commerce. It leverages artificial intelligence and metaverse concepts to create and manage digital assets, including virtual avatars of celebrities. This 'entertech' approach involves producing a wide array of content, from reality shows and dramas to virtual concerts and interactive media. A significant part of its strategy includes acquiring and managing high-profile artists and their IP, such as G-Dragon from the group BIGBANG, to develop new digital projects and fan experiences.

Galaxy Corporation generates revenue through content production for global platforms, IP management, and the development of AI-based entertainment solutions. It has produced over 20 popular variety shows, including the globally recognized Netflix series 'Physical: 100', through its in-house and subsidiary production studios like STUDIO 27 and Louis Works Media. The company serves a global audience, creating content designed to cross cultural boundaries. Having secured approximately 70 billion KRW in cumulative investments from institutions like Shinhan Bank, SK Telecom, and Hanwha Group, the company was valued at around 500 billion KRW as of early 2023 and is preparing for an Initial Public Offering (IPO).