Giant Drag played their first show on June 4, 2003 at the Scene in Los Angeles, eventually getting residencies at area clubs Silverlake Lounge and Spaceland.

Their song titles, which are known for their bluntness and black humour, include Kevin Is Gay, High Friends In Places and Yflmd - an acronym for 'You Fuck Like My Dad'. Notable in their live performances are direct conversation with the audience and Hardy's erratic behavior.

Annie was voted 50th in NME Magazine's list of the 50 coolest people of 2005, and the magazine along with other members of the music press predicted their continued success in 2006.

On December 12th 2006, it was revealed that Micah Calabrese had left Giant Drag, and Annie Hardy would go it alone. The band split on good terms, and Hardy stated - "Micah never wanted to be in a band in the first place. He likes playing music and he likes recording but he never wanted to do this as a career. He had a real job before and he was making money".

Annie Hardy is well into writing for her second LP, though, and will still continue under the name Giant Drag. Although there are no new members to Giant Drag, she hinted on her MySpace page that there are possibilities - "whoever else feels like doing it" (joining the band).

New material from Giant Drag can be expected later in 2010.

Giant Drag is a band currently consisting of singer/guitarist/composer Annie Hardy and, as of their reunion show at L.A.'s The Troubadour May 16, 2009, drummer / synth player Micah Calabrese. For the majority of Giant Drag's history beginning in 2003, the band has consisted of Hardy and Micah Calabrese.

Giant Drag has released an EP, Lemona, in 2005 and their debut album, Hearts and Unicorns, which was released in the United States on September 13, 2005, and February 27, 2006 in the UK. There were plans for another album, but Hardy reported on the Giant Drag online forum in November 2007 that the album had not even been started, and that Giant Drag is in the process of being dropped from Kickball/Interscope. Hardy also said she plans to continue making the album on her own. Manimal Vinyl have reported they will be releasing a Giant Drag EP in spring 2008. Plans for Manimal Vinyl to release it have since been scrapped, but Hardy is planning to release the Swan Song EP on February 16th, 2010 on Red Distribution.