I want to be a chaebol
Chapter 125 The Three Giants of SM Entertainment
Liu Huiying discovered that Song Yi had changed cars again. Song Yi went to visit her home. The car he drove seemed to be different every time, which also reflected how profitable the company under Song Yi's name was.
His car today is a 2001 Rolls-Royce Silver Angel extended version, also known as the Silver Seraph Park Ward. This model is 25 centimeters longer than the standard Silver Angel, and most of the space is given to the rear row. seat.
Song Yi's car is the 100th in the world. In fact, all production of this car was discontinued in 2002. A total of 127 units were produced before the discontinuation.
Liu Huiying originally wanted to drive her Hyundai Equus to SM Entertainment. The Equus is the flagship model launched by Hyundai Motor in 1999. Compared with Song Yi's Silver Angel, it was a bit difficult to handle.
Song Yi opened the rear door and told Xu Zhuxian, "Zhuxian, sit in the middle. Your mother and I will sit on either side of you."
Xu Zhuxian obediently got in the car first. She looked at the leather seats in the car. Although she didn't know much about cars, the luxurious interior of the Silver Angel was beyond her understanding.
Jin Xiyuan said to Liu Huiying: "Sister Huiying, this Silver Angel just arrived this month, and it is my first time to ride in it. I dare not drive such an expensive imported car for fear of being bumped or bumped. "
Liu Huiying and Kim Xiyuan joked, "Don't worry, the Rolls-Royce is driving on the road. It has a clearing effect. The cars next to it will consciously avoid it. The car insurance they bought is not enough to pay for the repair cost."
Liu Huiying was sitting in the car. She had experienced the daily life of a wealthy family today. She sighed quietly in her heart. She would never be so lucky in this life. She quietly glanced at Song Yi who was talking patiently to Xu Zhuxian. She wondered if Xu Zhuxian's future husband could be one-tenth as good as Song Yi?
The SM Entertainment headquarters building is located in Apgujeong 2-dong, and it belongs to the same Gangnam District as Sun Asia Building. In less than half an hour, Song Yi and his group arrived at the SM Entertainment parking lot downstairs. Next to the SM building is the Korean sales headquarters of Kia Motors. In 2000, Kia Motors was merged into Hyundai Motor.
When the Silver Angel parked in the parking space, Li Xiuman happened to come downstairs to greet Song Yi and his party. When Li Xiuman saw this blue silver Angel, he couldn't help but be envious. Even though SM Entertainment has been on the market for more than a year, it is impossible for him to spend a lot of money to buy a Flying Goddess.
The bodyguard opened the door for Song Yi, and Song Yi got out of the car. Li Xiuman ran all the way to Song Yi and greeted him politely, "Hello, President Song. I have wanted to visit you for a long time, but I have never had a suitable opportunity. You are welcome to come. SM Entertainment directs work.”
Song Yi stretched out his hand, "Hello, President Li, I have long admired your name. As an entertainment agency, SM Entertainment is our predecessor. We came here today to visit with a learning attitude."
In any case, Song Yi's words made Li Xiuman feel very comfortable. Lee Soo Man then introduced the other two internal directors of SM Entertainment in turn, "Chairman Song, this is SM Japan's representative Nam So Young."
Song Yi took a look and found that Nan Zhaoying was the third person in SM Entertainment. She previously served as the manager of the artist management department and later served as the legal person of SM Entertainment Japan Branch. During Boa's activities in Japan, Nam Soyoung has been managing her Japanese schedule.
"Hello, Representative Nan." Song Yi and Nan Zhaoying shook hands.
Lee Soo Man continued to introduce, "This is Director Kim Young Min, who is also the representative director of the online music website FANDANG KOREA."
Kim Young-min is the second-largest person in SM Entertainment and has become the representative director of SM Entertainment since 2005. He joined SM Entertainment in 1999 as the overseas business team leader. Kim Young-min is also the nephew of current President Zhong Xiaotong.
"Hello, representative Jin," Song Yi and Jin Yingmin continued to greet each other.
Although it was the first time for Jin Yingmin to meet Song Yi, Song Yi's famous name was already familiar to him. Although Jin Yingmin is Zhong Xiaotong's nephew, in terms of distance of relationship, he is not as good as Zhong Xiaotong's other nephew Zhong Heng.
Song Yi was able to take Song Hye Kyo from Au Entertainment's Zhong Heng, but Jin Yingmin didn't think he was qualified to take Qiao in front of Song Yi.
Jin Yingmin bowed to Song Yi honestly and said hello: "Hello, President Song."
Song Yi came to SM Entertainment for the first time today. The three giants of SM Entertainment, Lee Soo Man, Kim Young Min and Nam So Young, all gathered together. This shows that SM Entertainment attaches great importance to this meeting.
After saying hello, Song Yi began to introduce Jin Xiyuan and the others to Li Xiuman, "President Li, this is Kim Xiyuan from our New Asia Media."
After introducing Jin Xiyuan, Song Yi began to introduce Liu Huiying and Xu Zhuxian, "President Li, this is my good friend Ms. Liu Huiying, and her daughter Xu Zhuxian."
Liu Huiying stood next to Song Yi. When Song Yi said "good friends", she could feel the strange looks from Jin Yingmin and Nan Zhaoying.
She felt that Jin Yingmin and the others might have misunderstood the relationship between Song Yi and her. As a married woman, she became good friends with the unmarried Song Yi, which sounded a bit ambiguous. People who didn't know thought she was Song Yi's secret lover. .
However, she would not refute Song Yi's statement. Song Yi made a special trip to send their mother and daughter here in a Rolls-Royce, wasn't it just to support her? If Lee Soo Man and others misunderstood the relationship between her and Song Yi, wouldn't they be able to better protect Seo Joo Hyun from being bullied in SM Entertainment?
Thinking of this, Liu Huiying pulled Xu Zhuxian and stood next to Song Yi, like a family of three. Xu Zhuxian thought it was a bit strange, but she was so young that she couldn't understand the meaning of her mother's move.
"Hello, President Li, because Song Yi said that he is free today, he would like to take us to SM Entertainment to understand the situation of your company on the spot. After all, we elders are still very concerned about the working and living environment of our children in the future. Liu Huiying said.
When Li Xiuman heard Liu Huiying calling Song Yi by his first name, he didn't dare to complain, "No problem, you are welcome to supervise our work at any time. It's too cold outside, so we'd better go in early."
Jin Xiyuan listened to the exchange of words between Song Yi, Li Xiuman and Liu Huiying. She admired Liu Huiying's wit. In just a few words, she "confirmed" the relationship between her and Song Yi. She was very good at taking advantage of the situation.
She thought it was funny, little Xu Zhuxian, if you really sign with SM Entertainment, I'm afraid you will have to call Brother Song Yi uncle when you see him again.
Li Xiuman brought Song Yi and his party to visit the company. A huge poster of Ahn Chi-hyun and BoA hung in the lobby on the first floor. These two artists are currently the first brother and first sister of SM Entertainment. After the HOT group was disbanded in 2001, Ahn Chi-hyun personally He renewed his contract with SM Entertainment and still holds a small amount of SM shares.
Song Yi pointed at BoA's poster and joked with Seo Joo Hyun, "Joo Hyun, train hard and strive to debut early, and become a learning target for future generations like BoA."
When Lee Soo Man and Kim Young Min heard what Song Yi said, they looked at each other and couldn't suppress their joy. It seemed that Song Yi supported Seo Joo Hyun to join SM Entertainment. With Xu Zhuxian as an excuse, they didn't have to worry about climbing up the big tree of Xinya.
Nam So Young thought so too. She walked behind, walking with Seo Joo Hyun, and patiently explained every facility in the SM Entertainment Building.
She saw that Xu Zhuxian had always been calm and generous, and she couldn't help but feel good about him. She couldn't help but remind Xu Zhuxian, "Xu Zhuxian, if you come to the company to be a trainee in the future, you must not mention to other trainees that you have known Chairman Song since you were a child. Do you understand?"
Xu Zhuxian seemed to understand. She originally wanted to tell Nan Zhaoying that she had known Song Yi for less than two years, but her intuition made her subconsciously keep it secret.
"Everyone in the company has their own thoughts, so don't tell others about your family background easily."
"Some people see that your financial situation is very good, so they deliberately try to please you. In fact, they want to take advantage of you. Some people know that your family situation is not good, so they will deliberately put on small shoes for you because they know that you are unable to resist." Nan Zhaoying said.
Nan Zhaoying thought about what happened to Boa, and she was a little dissatisfied with Jin Yingmin. If BoA had such a powerful background as Seo Joo Hyun, would he still dare to try to get involved with BoA?
"I understand. Are you saying that other trainees in the company may be jealous of me, or even form a group to exclude me?" Xu Zhuxian said.
Nan Zhaoying was a little surprised. She didn't expect Xu Zhuxian to understand it so quickly, "Yes, after all, not every trainee can debut."
"For example, Jung Yunho from TVXQ, who will debut in our company next year, was the best dancer in the first SM Youth Selection Best. At that time, 5,000 contestants participated in the preliminary round. He had to defeat 4,999 contestants to win the title with SM Entertainment. Signing opportunity.”
"And you don't have to pass the selection. President Lee Soo Man personally invited you to sign with SM Entertainment. Do you know what this means?" Nam So Young asked Seo Joo Hyun.
Xu Zhuxian felt very shocked. She never thought that idols would have to work so hard for a chance to be on stage. Can she really become an excellent multi-talented artist like Liu Zhen?
Of course Nam So Young was not going to give in to Seo Joo Hyun, "We at SM Entertainment went to your school to inquire about you and know that you have always been very self-disciplined and love to learn. You already have the necessary conditions to become a top idol."
"SM Entertainment's future business focus will definitely be on overseas markets, especially the Japanese market and the Chinese market. When you go home later, you can have a chat with your mother, and you must be proficient in Chinese, English, and Japanese. Or Please consult President Song, and he will definitely make arrangements for you." Nan Zhaoying asked.
"Thank you, Representative Nan, I understand." Xu Zhuxian nodded in thanks. She could feel Nan Zhaoying's kindness, but she had already guessed that Nan Zhaoying wanted her to relay these words to brother Song Yi.
The second floor is a store selling peripheral merchandise of SM Entertainment. The store name is SMTOWN\u0026amp;amp;STORE. It sells everything from CDs, albums, photos, celebrity posters, accessories, mugs to dolls.
Some fans noticed that the three giants of SM Entertainment accompanied Song Yi and his party to visit. They also noticed Seo Zhuxian in the crowd. After all, she was the only little girl.
"Wow, this little girl is so beautiful. Is she a new trainee of SM Entertainment?" a female fan speculated.
Her companion immediately retorted, "How is that possible? Didn't you see that the person accompanying her is SM's director Nam Soyoung? How could she be an artist? She should be the little princess of a chaebol family."
The two little girls tried to take pictures of Xu Zhuxian, but Song Yi's bodyguard stopped them from taking pictures.
Just when these fans were angry, Lee Soo Man stepped forward to apologize, "I'm sorry, these customers are the company's business partners, please understand. In this way, in order to express my apology, we, SM, will pay for the merchandise you just selected."
When Li Xiuman returned to Song Yi, Song Yi couldn't help but praise Li Xiuman, "President Li really respects the fans of SM Entertainment and treats two little girls so politely, which is very rare." Song Yi could see that Li Xiuman did this. It was very natural, not just a show in front of Song Yi.
As a star factory in South Korea, SM Entertainment pays great attention to maintaining a good relationship with fans, whether it is the company management or the company's artists.
Unlike some idols in the domestic entertainment industry, who either treat their fans as being taken advantage of and go crazy cutting leeks.
The work attitude of idols who debuted in domestic entertainment is far worse than that of Korean idols. Korean idols at least know that fans are their bread and butter. The source of income for companies and artists comes from fans, so they treat fans with enthusiasm.
These idols in domestic entertainment enjoy the support of fans while treating fans with two faces in front of them and behind them. They can't recognize their own position at all, and they don't want Bilian.
Lee Soo Man answered naturally, "Because fans will follow some artists' schedules, but TV stations or some production companies do not allow photography or filming, so SM Entertainment will prepare some small gifts for fans, or give them to fans after the announcement is over They sign. If others come all the way here, you can’t let them come here in a hurry and leave in despair, right?”
Li Xiuman took Song Yi to visit various core departments of SM Entertainment, including the audition department for discovering "future stars", the training department for training trainees, the record production department for recording and post-production, the publicity department for contacting the media, and discovering singers Business agency for potential value, planning advertising and actors' meetings.
Jin Yingmin originally wanted to take Song Yi to meet SM Entertainment's trainees who had not yet debuted, including TVXQ, whom they were very optimistic about.
All five members of TVXQ were discovered and trained through SM Entertainment's rookie selection and training institution. They initially served as captains in different groups. After continuous training and selection, they initially formed a five-member group consisting of Jung Yunho, Shim Changmin, Kim Jaejoong, Park Yoochun, and Kim Junsu.
What Jin Yingmin didn't expect was that Song Yi knew a lot about TVXQ, which debuted in 2003. In 2009, Kim Jaejoong, Park Yoochun and Kim Junsu terminated their contracts with SM Entertainment with the support of C-Jes president Baek Changsoo. The three formed the JYJ group and resumed activities. However, they were banned by SM Entertainment and Japan Ai Hui.
The reason for the termination of the contract between Kim Jae-joong and SM Entertainment was due to issues with contract conditions and remuneration distribution. SM Entertainment's slave contract entered the Korean public eye for the first time. When the JYJ group sued in the Seoul District Court, all members of Girls’ Generation attended the hearing as witnesses and denied the slave contract.
However, TVXQ and Super Junior’s successive contract terminations have also attracted the attention of South Korean government departments.
In December 2010, SM made an appointment. Under the supervision of the Korean Fair Trade Commission, SM revised the unreasonable parts of the agreement and re-signed contracts with all the company's artists using the new agreement.
After this modification, the validity period has been changed from the original 13 years from the date of signing or 10 years from the date of debut to 7 years from the date of debut. This means that SNSD’s contract with SJ has become 5-7 years.
Girls' Generation debuted in 2007, so the contract expired in 2014. Members with original 5-year contracts or less than 7 years must keep pace with members with original long-term contracts. They may renew their contracts for 2-3 years until the end of 2015 in 2012. Members with long-term contracts such as Lin Yoona may end at the end of 2014.
As a result, the other eight members of Girls' Generation were dissatisfied with Jessica's focus on her personal beauty brand and were absent from group activities more and more frequently. Moreover, Jessica has always used the name Girls' Generation when promoting her personal beauty brand.
So 8 members headed by Lim Yoona teamed up to force SM Entertainment to kick Jessica out of Girls' Generation. If Jessica renewed her contract, the other 8 members would not renew their contracts. Between the 8 members and Jessica, SM Entertainment will definitely choose the former.
That’s why Jessica posted a bilingual caption on Weibo on September 30, 2014: “I was looking forward to and preparing for the upcoming fan meeting, but I received a notice from the company and 8 members saying that starting from today, I I’m shocked that I’m no longer a member of Girls’ Generation.”
In fact, Jessica's contract with SM Entertainment did not end until January 2015, and she also completed the termination of her contract with SM Entertainment in January 2015. After leaving SM Entertainment, Jessica released three albums, but none of them caused any splash.
When she finally got into the arms of Chinese capital, she bypassed the restrictions of the Korean ban as an American and participated in Mango Channel's "Sister Riding the Wind and Waves". Mango Channel still wanted to praise Jessica, but the audience didn't buy it, and Miyoriya was the one who stood out the most.
After recalling the journey of Girls' Generation, Song Yi said to Kim Young Min: "Since Seo Joo Hyun is going to join SM Entertainment as a trainee, I would rather not take Seo Joo Hyun to meet other trainees. We should treat everyone equally in the company and try not to be special. , you should keep a low profile if you can."
Jin Yingmin nodded, but he was complaining madly in his heart, "If you don't want to be special, you shouldn't come here with Xu Zhuxian and his daughter! Let alone drive a super luxury car worth billions of won parked downstairs of the company, Does this sound like you want to keep a low profile?"
Nan Zhaoying understood Song Yi's thoughts. Song Yi took Xu Zhuxian to meet the three giants of SM Entertainment. Lee Soo Man, Kim Young Min and Nam So Young must take good care of Seo Joo Hyun in the company.
If something happens to Seo Joo-hyun in SM Entertainment or is hurt, even if Kim Young-min goes to seek help from the current president Zhong Xiaotong, the president may not be able to save his face by then.
Lee Soo Man introduced SM Entertainment's plans for the next few years to Song Yi, "We plan to launch three boy groups and one girl group in the next five years. If Seo Joo Hyun is willing to join SM Entertainment, she can serve as the lead singer and lead dancer in this group."
"If Chairman Song wants to arrange for Seo Joo Hyun to star in commercials or film and television drama resources, we at SM Entertainment will not interfere and will cooperate with New Asia Media's work." Lee Soo Man said.
Three boy bands? Song Yi was stunned. Except for TVXQ and Super Junior, none of the members of EXO have joined SM Entertainment. What is another boy group?
Lee Soo Man showed his sincerity. The lead singer and lead dancer took a high proportion of shots in the concert or MV. However, Seo Joo Hyun's singing skills are not as good as those of Kim Taeyeon and Jessica Jung, and her dancing skills are not as good as those of Kwon Yuri and Kim Hyo Yeon, so it will still be difficult for her to become popular.
It is impossible for Song Yi to agree to Xu Zhuxian signing a 13-year long-term contract with SM Entertainment. If the contract is signed this year, the contract will not end until at least 15 years. He plans to let Seo Joo Hyun sign a 6-year contract with SM Entertainment.
After Girls' Generation debuted, Seo Joo Hyun signed a 3 to 5-year contract with SM Entertainment. Calculated this way, when the two contracts end, Xu Zhuxian will be almost 22 years old and just graduated from Dongguk University. This kind of contract is most beneficial to Ryu Hye-young and Seo Joo-hyun.
Although Lee Soo Man was polite to Song Yi today, he might not let go easily when it comes to Seo Joo Hyun's contract signing. So how can Song Yi convince the three giants of SM Entertainment?
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