Organized by All Access Productions and HM Entertainment in cooperation with Lumos E&M and broadcasting company JTBC, the 32nd Golden Disc Awards was scheduled to take place at the Mall of Asia Arena in Manila on January 10 and 11, 2018.

All Access Productions cited its domestic financier's "failure to comply with their responsibility to the owner of the original Golden Disc Awards Ceremony" as the reason for cancellation.

[4] The show was sponsored by Penta Global Advisers Fund and Genie Music, and was held at the Korea International Exhibition Center in the town of Ilsan in Goyang, Gyeonggi Province for a second consecutive year.

[1][7] Kang So-ra and Sung Si-kyung served as hosts, for the second year in a row, on the following day which bestowed physical sales awards.

The awards committee decided to eliminate online voting from the criteria of the Grand Prize Golden Disc, Best Artist, and Rookie Artist of the Year awards; winners were determined by music sales (80%) and a panel of 30 selected music experts (20%).