In a surprising turn of events, K-pop icon G-Dragon and YG Entertainment have officially announced their separation after a longstanding partnership. The announcement comes on the heels of G-Dragon's recent acquittal of drug-related charges on December 18.

While speculations were rife about the artist joining Galaxy Corporation, a press release from the company confirmed that an official press conference would be held on December 21. The purpose of the conference is to shed light on G-Dragon's recent legal troubles and discuss his future plans for 2024. Notably, G-Dragon will not be present at the conference.

In an unexpected twist, Sports Seoul reported a possibility of G-Dragon renewing his contract with YG Entertainment. However, a source from the entertainment powerhouse refrained from providing a definitive comment, leaving fans curious about the artist's next career move.

Later in the day, YG Entertainment released an official statement on BIGBANG's official website, expressing their gratitude for the time spent with G-Dragon since his debut in 2006. The statement read:

"This is YG Entertainment.

G-Dragon was one of the representative artists of our agency, and all the time together with him since his debut with BIGBANG in 2006 has been an honor.

We sincerely wish G-Dragon success on his new start.

We ask fans for lots of encouragement and support.

Thank you."

G-Dragon's contract with YG Entertainment had initially expired in June of the current year. At that time, YG Entertainment clarified that although the exclusive contract had concluded, they were continuing to collaborate with G-Dragon through a separate agreement for various activities, including advertisements.

As fans eagerly await the official press conference on December 21, the uncertainty surrounding G-Dragon's future endeavors only adds to the anticipation. Whether he embarks on a new chapter with Galaxy Corporation or renews ties with YG Entertainment, the K-pop world remains on edge, sending best wishes for G-Dragon's continued success in his career.