I want to be a chaebol
Chapter 79 She Tunxiang’s merger plan (thanks to the leader of Shenyan Qian)!
Zheng Enxuan did not let go of his hand. Song Yi pressed the back of his hand against Zheng Enxuan's thigh, feeling her body temperature.
Zheng Enxuan reminded Song Yi, "If someone comes in and sees it, what will it look like? Why don't you let go quickly?"
At this time, Zhou Zhiyi opened the door and walked in. Song Yi calmly let go of his hand and sat upright.
Zhou Zhiyi didn't notice anything strange, so she asked: "President, reporter Lu Xiuyan from Chosun Ilbo would like to make an appointment with you for an exclusive interview. I hope you can answer whether the economic cooperation between North Korea and South Korea can continue." Zhou Zhiyi was in the company He always addressed Zheng Eunxuan's position, and the little girl behaved very professionally.
"Reporter Lu Qiuyan? I remember that she also participated in the media meeting of Hyundai Group last time, and she is also an old acquaintance of ours. It is not convenient for the president to be interviewed these two days, so I said hello to her and changed the interview time. "Song Yi stood up and left the office.
Zheng Enxuan told Zhou Zhiyi, "Please send me an email to the company later to inform me that the company's management will not be interviewed by the media this month without my permission. We will respond to external media at the appropriate time." of."
Zhou Zhiyi nodded, "Okay, President."
Zheng Enxuan watched Song Yi and Zhou Zhiyi leave the office and shook his head. Song Yi was definitely a master of cheating, and his strong psychological quality could not be imitated by others.
Lu Qiuyan is really easy to talk to. Although she failed this time, she got Song Yi's promise and it was considered a worthwhile trip.
"President Song, I understand that it is not convenient for your company to be interviewed now. If your company plans to be interviewed, please contact me first." Lu Qiuyan said with a smile.
Song Yi sent Lu Qiuyan to the parking lot below the building, "Reporter Lu, don't worry, when our president can be interviewed, I will definitely contact you first."
Lu Qiuyan stretched out her little hand, shook hands with Song Yi and said goodbye, "Rather than President Zheng, I want to conduct an exclusive interview with Executive Song."
Song Yi was stunned. This Lu Qiuyan was not following the rules. "Without the permission of our president, our management cannot accept interviews from the media for the time being."
Lu Qiuyan expressed her understanding, "Let's do this. Can Executive Song look forward to the prospects of economic cooperation between North Korea and South Korea in one sentence? Don't worry, I won't announce it to the outside world."
Song Yi's attitude was very relaxed, "This can only represent my personal opinion and does not represent our official response from Asan. If I could use one sentence to describe the prospects of economic cooperation between North and South Korea, it would be 'the road is tortuous, but the prospects are bright.' .”
Lu Qiuyan thanked her and left the 63 Building with her colleagues. Song Yi's words actually revealed Asan Group's views on economic cooperation between North Korea and South Korea.
It was exposed that Zhou Mengxian provided secret funds to North Korea. It is certainly impossible for Asan Group to continue to provide funds to North Korea despite the disapproval of the world. Then there will be doubts about whether North Korea will continue to allow Asan Group to operate Mount Kumgang Tourism and Kaesong Industrial Park projects, so Song Yi said The road is winding.
North Korea and South Korea have not established diplomatic relations. Asan Group is actually a bridge for communication between North Korea and South Korea. North Korea cannot completely close this communication channel. Asan Group will continue to promote meetings with separated family members. The easing of relations between North Korea and South Korea is a general trend. If there is a suitable opportunity, economic cooperation between North Korea and South Korea will be further strengthened, so Song Yicai said that the future is bright.
Lu Qiuyan said to her colleagues in the car: "President Song is really an interesting person. He seems to have said nothing and yet seems to have said everything."
Lu Qiuyan's colleague described his opinion of Song Yi, "Song's answer was watertight, very much like an experienced politician. Those who didn't know better thought he was from Qingwa Dae."
Lu Qiuyan previously worked as an intern reporter at MBC News and joined the Chosun Ilbo as an intern reporter in 2000. She graduated from Ewha Womans University and is an alumnus of Jung Eun-seon. Without this relationship, she would not have dared to contact Zheng Enxuan and ask for an exclusive interview.
Lu Qiuyan thought for a while and felt that her colleague's description was right, "Although Executive Song is about the same age as us, he is very experienced in dealing with things. Kim Tae Hee should be very worry-free when dating such a mature man, right?"
Before Lu Qiuyan finished speaking, Song Yi's eyes when he looked at her just now were also very mature. He didn't have the greasy feeling of a middle-aged man, and he didn't dare to look directly at her beautiful figure like a young man who just came out of society.
Song Yi left 63 Building and drove back to Xinya Entertainment. He found Jin Xiyuan, "The company may get a low-interest loan. We can't develop according to the previous steps. We can take bigger steps."
Jin Xiyuan asked Song Yi, "What's the loan amount? One million US dollars? Or ten million US dollars?"
The asking price was high and he paid it back on the spot. Song Yi didn't know how much money he could extort from Zhong Xiaotong. He pondered for a moment and said, "Preliminary estimates suggest that the size of this loan should be in the order of 100 million U.S. dollars."
"How much?" Jin Xiyuan thought she was hearing hallucinations in her ears, "One hundred million dollars?"
Jin Xiyuan couldn't help but wonder, "Even if Zhong Xiaotong was your biological father, you wouldn't be able to get a loan of 100 million U.S. dollars. Xinya Entertainment has such a small size and a net worth of less than 10 million U.S. dollars. How can you get it from a bank?" Got a loan of $100 million?”
Song Yi was unhappy, "Don't talk nonsense, my father is alive and well. I know that Xinya Entertainment certainly cannot borrow 100 million US dollars, so I thought of a She Tunxiang merger plan."
"I plan to acquire a music production company and a film company, and then buy our Xinya Entertainment office building, and then sign a group of new directors, screenwriters, actors and singers. In this way, the assets of Xinya Entertainment will be With rapid expansion, it will not be a problem to borrow another one or two billion US dollars by then." Song Yi expressed his thoughts.
Jin Xiyuan asked: "What about the money you spent on acquiring music production and film companies?"
Song Yi replied: "You can give a part of the acquisition money first, and then pay the balance of the acquisition after the loan is obtained. If the balance is not paid, the acquisition will be declared failed."
Jin Xiyuan said: "According to what you said, you already have an acquisition target?"
Song Yi nodded, "I plan to acquire two companies, DSP Entertainment and Shin Cine Communications."
DSP Entertainment is an old entertainment brokerage company founded in 1991. The company has successively created the first-generation boy group Crystal Boys and the girl group Fin.K.L. Fin.K.L is the girl group of Lee Hyori. However, Crystal Boys has disbanded and Lee Hyori is also preparing to go solo.
Song Yi knew that DSP Entertainment later created the second-generation boy group SS501, the second-generation girl group Kara, and the sexy girl group Rainbow. Kara debuted at about the same time as Girls’ Generation, and their iconic twerking dance became very popular.
DSP Entertainment later became a full entertainment company, and later also got involved in TV series production and movie production. In 2006, there was a popular Korean drama "My Girl", which was produced and distributed by this company. This TV series starred Lee Dahae and Lee Dongwook in the Mainland. Also very popular.
Of course Jin Xiyuan knows DSP Entertainment, but the name of the company Shin Cine also sounds familiar to her. She asked Song Yi, "Shin Cine is the production company of "My Sassy Girl"?"
"Yes." Song Yi confirmed.
Jin Xiyuan felt it was outrageous. She felt angry and funny, "You and Tae Hee just guest-starred in their movie. There is no need to buy out their company, right?"
"That's not the reason. I'm really optimistic about Shin Cine, so I'm willing to buy their film company at a premium. "My Sassy Girl" hasn't been released yet, so they don't know for sure. Maybe Representative Shin Zhe is also willing to get a sum of money first. , I'll be safe." Song Yi expressed his thoughts.
"According to my estimate, the acquisition of DSP Entertainment and Shin Cine will cost about 40 billion to 50 billion won, and the initial acquisition cost will be almost 10 billion won. Assuming that your loan is not approved, what will you use to pay the final payment of the acquisition, and you The 10 billion won invested earlier is likely to be wasted." Jin Xiyuan asked Song Yi.
Song Yi calculated the time. By the end of next month, he would be able to take out the money in the B-share market. Due to the relatively early investment and the advantage of capital scale, Song Yi's investment of 10 million US dollars can be exchanged for almost 40 to 50 million US dollars.
In addition to Song Yi's plan to buy out the 20% of Penguin shares held by Superboy Li Zekai, Song Yi can still have more than 30 million US dollars, which is almost enough to pay the final payment for the acquisition of DSP Entertainment and Shin Cine.
"You don't have to worry about this. Even if the loan is not approved, I can still raise the purchase price, and the deposit paid by Xinya Entertainment will not be wasted. Please help me sort out the information first, and then contact the law firm and let them Make an accurate valuation of these two companies and then issue an acquisition invitation," Song Yi said.
Song Yi found Shiyu Law Firm in Seoul, which is located in Seocho District. The lawyers at this law firm are composed of lawyers who have worked in the National Tax Service, tax courts, international law firms, and international accounting firms with many years of work experience. They have also previously participated in the bankruptcy case of Daewoo Group.
DSP Entertainment is currently in a state of talent shortage, Crystal Boy has been disbanded, Fin.K.L exists in name only, Lee Hyori has been planning a solo career, and CJ Entertainment has been flirting with her.
The trainees in the company have not grown up. Lee Ho-yeon, the representative director of DSP Entertainment, has not been in good health in the past two years and is indeed interested in selling the company. Shigu Law Firm valued DSP Entertainment at 21 billion won, approximately 111.5 million yuan, including all music copyrights of DSP Entertainment.
Li Haoyan contacted Song Yi. He wanted to meet Song Yi first before considering whether to sell the company. Song Yi decided to visit Li Haoyan with Jin Xiyuan.
The address of DSP Entertainment is the 3rd floor of Xinsheng Building 58-8, Banpo-dong, Seocho-gu, Seoul. When Song Yi came to the company, DSP director Ji Jong-hwa came out to receive Song Yi and his party. Ji Zhonghua was previously the manager of Crystal Boys and Fin.K.L, and later served as the manager of SS501 and Kara.
After Lee Ho-yeon suffered a cerebral hemorrhage in 2010, he set up his own business with DSP's agent Yoon Woo-taek and S.M. Entertainment's entertainment team leader Kim Hyung-kook and founded B2M Entertainment. Not long after the company was established, it attracted Lee Hyori and members of SS501 to invest. , and later became a member of the CJ Department.
Korean entertainment companies are either CJ or SK. Of course, Naver is a rising star, and the relationship between Naver and Samsung is relatively ambiguous.
Ji Zhonghua doesn't have the ambition to start his own business yet, so he treats Song Yi respectfully, "President Song, Director Jin, we, President Li, are waiting for you in the company."
When DSP Entertainment was first established, it mainly focused on music production and distribution, artist training and business management. They have not yet expanded into the film and television field.
When Li Haoyan saw Song Yi, he was obviously a little stunned. He knew that the president of Xinya Entertainment was very young, but he didn't expect Song Yi to be so young.
"President Song is indeed young and promising. I wonder if the decision to acquire DSP Entertainment was President Song's idea or the idea of the family elders?" Li Haoyan asked.
Song Yi looked at Li Haoyan. Li Haoyan wore glasses and a suit, and had gray hair. He looked somewhat like Kim Tae-hee's father, Jin Yu-wen.
Song Yi replied, "Representative Li wants to ask me about the source of funds for the acquisition of DSP Entertainment? Sorry, I have no comment."
Ji Zhonghua was inexplicably angry when he heard Song Yi's answer. Song Yi was really rude!
Li Haoyan had never heard of New Asia Entertainment before. After New Asia Entertainment signed Song Hye Kyo, Li Haoyan noticed the existence of New Asia Entertainment.
Song Hye Kyo was the most popular new actor last year. DSP Entertainment also wants to enter the film and television industry, so it must be paying attention to Song Hye Kyo.
Song Hye Kyo was previously the ace of Au Entertainment Agency, and the president of Au Entertainment Agency Zhong Heng is the nephew of the current president Zhong Xiaotong. Song Yi was able to snatch Song Hye Kyo from Zhong Heng, which shows that Song Yi has a tough background.
For Li Haoyan, whether it is Song Yi or the modern family behind Song Yi who wants to acquire DSP Entertainment, it is not something he can resist now.
Li Haoyan said to Song Yi: "I just have time today. I will take President Song to visit our company first. Our DSP still has many potential newcomers."
Of course, Song Yi was a casual guest. He and Jin Xiyuan watched the performance of DSP Entertainment trainees. Song Yi was very impressed by one of the trainees named Kim Hyun Joong. He was good at singing and dancing and was obviously better than other trainees. Beyond a length.
Ji Zhonghua proudly introduced, "Hyun Joong is the number one trainee among them in the same period. He is humble and hardworking."
Song Yi asked Kim Hyun Joong, "As a member of an idol group, have you ever considered becoming an actor?"
Kim Hyun Joong knew that DSP Entertainment had recently received acquisition invitations from other companies. Song Yi was personally accompanied by Li Haoyan and Ji Zhonghua during the visit. Song Yi's identity was self-evident.
Kim Hyun Joong's previous opportunity to debut was that he was discovered by his agent when he graduated from junior high school. As a member of the five-person Dancer, he practiced hard every day, but as a result, the company suddenly suffered a merger and disintegration. Kim Hyun Joong, who had no whereabouts, was recommended by someone and interviewed to become a trainee of DSP.
Facing his future boss, Kim Hyun Joong's attitude was more respectful, "I want to be a singer first, and then try to become an actor when I become famous."
"That's right. Actors need to accumulate experience. I heard that you have a good foundation in Chinese. If you have time, read more books. The entertainment industry does not need hopeless illiterate people." Song Yi reminded Kim Hyun Joong.
Song Yi looked at the other trainees and found no one as good as Kim Hyun Joong. Song Yi was right. The competition in the Korean entertainment industry is so fierce, and good talents have long been discovered by other entertainment companies. For example, Xu Xian and Lin Yuner joined S.M Entertainment before they were twelve years old. How could it be Song Yi's turn to dig for gold? Kara's Nicole Cheng was discovered by a talent scout in the United States in 2006.
Ji Zhonghua asked Song Yi tentatively, "President Song is very optimistic about Kim Hyun Joong?"
Song Yi replied without revealing anything, "The appearance is good and I have the potential to be an actor. Whether I can succeed or not depends on the opportunity."
Li Haoyan said to Song Yi: "To me, the company's trainees are like my own children. If DSP Entertainment is sold, they will be the most worried."
However, Jin Xiyuan had something to say, and spoke without mercy, "Representative Li, I noticed that DSP Entertainment currently has more than 20 trainees, and I noticed that only two or three people can debut. Those trainees who cannot debut, Is Representative Lee also responsible for their future?”
Li Haoyan was stopped by Jin Xiyuan, "What?"
Song Yi praised Jin Xiyuan in his heart. Li Haoyan was playing the emotional card at this time, just to make the acquisition of New Asia Entertainment more difficult. For example, the agreement stipulated that Song Yi would not interfere with DSP Entertainment's debut group plan, etc.
"No one can be responsible for the future of others, not even parents or teachers. Only you can be responsible for your own future. When they choose to become trainees, they have to bear the price of not being able to debut in the future." Song Yi said.
Ji Zhonghua quickly put in good words for Lee Hao-yeon, "Representative Lee has nothing to say to the company's trainees. If the trainees' contracts expire and they still cannot debut, we will choose to terminate the contract and they can freely choose other entertainment companies without paying anything." Liquidated damages.”
When Song Yi heard what Ji Zhonghua said, he felt a little more favorable towards Li Haoyan. Many entertainment agencies in South Korea make profits by earning liquidated damages from trainees.
They will cast a wide net, sign 50 or even 100 trainees at one time, and then focus on training. If one or two become popular, they stand to make money. It doesn't matter even if the remaining trainees can't debut, just let them slowly wear out without giving them any resources.
When they can no longer stand the squeeze from the company, the contracted trainees will take the initiative to terminate the contract with the company, and then pay a sky-high liquidated damages in exchange for their freedom.
Previously, many members of a girl group owned by a domestic entertainment company were unable to pay liquidated damages and became deadbeats. They became the laughingstock of the industry. Of course, if a member gets a public examination, they won't dare to ask her for liquidated damages. The entertainment industry bullies the weak and fears the strong, and the persimmons only pick on the weak.
"Representative Li, I believe you can see that the competition between entertainment companies is ultimately a competition between capital. Small companies must rely on big capital to survive in the fiercely competitive Korean entertainment industry."
"I promise that if New Asia Entertainment acquires DSP Entertainment, DSP Entertainment will become an independent subsidiary of New Asia Entertainment, and we will not interfere with DSP Entertainment's plans to form a group within five years."
"To tell you the truth, New Asia Entertainment is still in contact with two or three film companies and TV drama companies. New Asia Entertainment will focus on the film and television industry and become the leading company in the Korean film and television industry. The parent company New Asia Entertainment will also invest in film and television resources. Tilt towards DSP Entertainment and help DSP Entertainment’s contracted artists have more opportunities to become actors.”
"With my help, I believe DSP Entertainment can become a full entertainment company in the shortest possible time, surpass S.M Entertainment, and restore DSP Entertainment's former glory in the 1990s." Song Yi's words are indeed very attractive.
Li Haoyan knew that Song Yi had a close relationship with the Korean Ministry of Culture, Sports and Tourism. He heard that Xinya Entertainment was preparing a large-scale costume drama, so Song Yi's plan to acquire the film company was obviously not without purpose.
"Then what does President Song need me to do?" Li Haoyan was already interested and planned to start detailed negotiations with Song Yi.
On April 20, 2001, New Asia Entertainment and DSP Entertainment announced that New Asia Entertainment purchased a total of 90% of DSP Entertainment's shares for 19.8 billion won.
Li Haoyan of DSP Entertainment resigned as the representative director of DSP Entertainment, and Ji Zhonghua became the president of DSP Entertainment. DSP Entertainment became a subsidiary of New Asia Entertainment, Li Haoyan became the director of New Asia Entertainment, and Song Yi officially became the director of New Asia Entertainment. The representative director of the company, Kim Hee-won, serves as the executive director of New Asia Entertainment.
S.M Entertainment's Lee Soo Man learned that after New Asia Entertainment acquired DSP Entertainment, his old rival Li Haoyan has now become Song Yi's subordinate. He was silent for a long time, "It seems that the Kpop circle will be more lively in the future. Song Yi is not a Raptor." Jiang!"
Thanks to the leader of Shenyan Qian, 4000 is the base value, and I will try to add 20,000 words before the end of the month. See you tomorrow, and thank you again!
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