Millennium director

Chapter 372 tvN has a lot of money, is bold and generous

"Reached?"

“We’re here, it’s time to greet us.

In Seoul, somewhere in an office building owned by CJ Group, a group of middle-aged men in suits hurried to a VIP lounge on the top floor.

Before they even entered the VIP room, they heard faint laughter coming from the room.

Standing at the door, a few people straightened out their wrinkled suits as they walked quickly before knocking on the door and walking in.

"Director Wu Yuan, and colleagues from Light and Shadow Times, hello everyone."

"I am the person in charge of the tvN channel under CJ ENM Group. It is a great honor to cooperate with Director Wu Yuan and Light and Shadow Times this time."

The leading staff member took the initiative to extend his hand to Wu Yuan, who was sitting in the middle of the lounge, and said with some respect: "My name is Li Zhenghyuk."

Wu Yuan, who was chatting with Liu Yifei about where to go shopping tomorrow, immediately stopped talking, stood up and shook hands with Li Zhenghe.

This Ri Jung Hyuk is not a simple person, he is the person in charge of the tvN drama channel.

tvN is a pay cable TV channel owned by South Korea's CJ Group.

Although this paid channel was only launched in October 2006, a little more than two years ago, tvN is backed by one of the largest chaebols in South Korea, and its future development will definitely be good.

"Nice to meet you." Wu Yuan smiled and nodded: "I don't need to introduce myself, right?"

Lee Jung Hyuk said quickly: "Director Wu Yuan is the most powerful film director in Asia. I believe that every Asian knows you."

“It’s an honor to cooperate with you this time. When we received your invitation to cooperate, we were very scared. We didn’t expect that you would choose to cooperate with our start-up paid channel. This is really unexpected.

The smile on Wu Yuan's face did not change, but he began to complain in his heart.

Isn’t it impossible to cooperate with the three major TV stations in South Korea? Otherwise, where would this opportunity be on tvN?

The main reason is that the current three major TV stations in South Korea have very ambitious ambitions. In the past 10 years, they have exported many Korean dramas to Asia, and they have captured 85% of Korean TV ratings. They are very exclusive towards outsiders like the light and shadow era.

They are unwilling and have no interest in cooperating with a Chinese TV drama company on a Sino-Korean co-production, and they have no interest in using the influence of their own TV station to promote outsiders' dramas.

tvN is different. As a start-up pay TV channel, tvN currently lacks ratings and is eager to seize the market from the three major channels.

They don't care about bringing in foreign aid. The most important thing is to be able to grab the market for their own TV channel.

At this time, Light and Shadow Times came to the door and wanted to collaborate on a Sino-Korean co-production drama. The two parties hit it off immediately.

tvN originally wanted to make TV dramas, but it suffered from the difficulties of small households, and larger production companies were unwilling to sell their dramas to them.

Compared with South Korea's three major TV stations, which account for more than 85% of the ratings, the ratings of paid channels like tvN are too low, only 1%-3%.

If it develops according to its original trajectory, tvn will have to struggle to launch its own TV drama unit after 2010. After a lot of hard work, it bought a TV series shot by a group of Korean third-tier actors and began to develop bit by bit.

But the situation is different now, the era of light and shadow has come to our door.

tvN is backed by CJ Group. Since the launch of the channel, what has been lacking has never been money, but channels, production experience, and audience base.

The age of light and shadow can exactly make up for their shortcomings in this area.

Therefore, tvN is very active in this cooperation. Not only did it cover half of the production costs with one wave of its hand, but as long as it has exclusive TV rights, it will not get involved in any other income.

In other words, apart from the fact that this "Goblin" needs to be broadcast by tvN on their channel, no matter how much the light and shadow era twists and turns and how much profit it generates, it belongs to the light and shadow era.

Wu Yuan likes this kind of rich man, who has the style of a domestic coal boss.

All he needs to pay is to let tvN hire some crew members, and then let CJ Entertainment add some of its artists to the crew.

They have no objection at all to the fact that neither the male or female protagonist is Korean, and that there is only one Korean actor among the four leading actors.

Wu Yuan was quite surprised at first, but later he figured it out.

This is the same as the mainland cooperating with Hong Kong Island, Taiwan Island, Singapore and other places to produce TV series from the late 1990s to the early 2000s.

At that time, the mainland not only had to provide money, but also was responsible for establishing relationships with TV stations' film purchasing departments to ensure that TV series could be broadcast normally on mainland TV stations, but they did not have the right to cast the leading actors in these co-production dramas.

At that time, there were a large number of dramas that were co-produced with Hong Kong, Taiwan and Singapore, and the leading actors were all actors from Hong Kong, Taiwan and Singapore, and the mainland partners did not dare to let go of any of them.

To put it bluntly, in order to introduce advanced TV drama production concepts and standards, we can only stay humble and be small.

The same is true for tvN now.

It’s not that the production level of Korean TV dramas is not as good as that of China. On the contrary, Korean dramas are much more influential than mainland dramas. Only Taiwanese idol dramas can compete with Korean dramas.

But who said tvN is a paid channel?

These days, the three major free wireless TV stations, KBS, MBC, and SBS, have strong production capabilities in Korean TV dramas. All Korean dramas that are popular in Asia are produced by these three TV stations.

Excellent pay TV stations that have emerged later, such as tvN, JTBC, and OCN, have either just been established, or they haven't even scratched the surface yet.

Even though tvN was established relatively early, it cannot integrate into the circles of the three major companies. The three major companies have no interest in cultivating enemies for themselves. The crew on hand or the film and television production companies they often cooperate with will not have contact with tvN.

There are no "teachers" at all in China, so we can only rely on tvN, which throws money and recklessness. Now that there is an era of light and shadow that is willing to be a teacher, of course I am overjoyed.

I'm lucky enough to be able to cooperate. I don't dare to ask for casting rights at all. I just want to pay tuition.

Highlight an image of being bold and generous with money.

Anyway, Wu Yuan looked at Li Zhenghe as if he were looking at a boy giving away money, and he smiled brightly.

With a wave of its hand, CJ Group gave 40 million yuan, which accounted for half of the production cost of "Goblin", but it only wanted the exclusive rights to broadcast Korean television. This kind of advantage cannot be found even with a lantern.

"Minister Li, the crew of your channel should be ready, right?" Wu Yuan said with a smile: "Don't worry, our crew of Light and Shadow Era is the best in Asia."

"In order to complete the "Ghost" project this time, many staff members were transferred from the film crew."

"You may not know that many of the film crew trained by our company followed me in Hollywood and participated in the filming of the "Pirates of the Caribbean" series."

"The crew of your channel, if they can learn from us this time, will definitely be able to cultivate a team that is not inferior to the three major ones in South Korea."

"By then, tvN will be able to produce its own TV series. It will not be a dream to catch up with the big three one day."

Wu Yuan was not bragging.

Just by throwing money at it, tvN was able to produce or buy popular movies such as "Queen In-hyun's Man", "Signal", "Reply Series", and "Hotel Del Luna" after 2012 after four or five consecutive years. Drama.

"Goblin" is also a drama produced by tvN with a lot of money.

With the cooperation of Light and Shadow Era this time, and it is expected that the cooperation will continue in the future, the development of tvN will be put on a rocket, and it will be more brilliant and brilliant than the original trajectory.

Of course, the era of light and shadow is not bad either.

Using tvN's money to make "Korean dramas" for yourself, and then harvesting the Korean market in turn, is called a bloody profit!

As a paid channel, tvN’s influence is very limited, and it is impossible to outperform the free broadcast of Light and Shadow in the early stage. The bulk of the Korean market will still be made by Light and Shadow.

Not to mention there is a wider mainland market that the Light and Shadow Era can exclusively enjoy.

tvN, which contributes half of the production cost, may actually share only a little more than 10% of the profits.

tvN aims more at cultivating its own production team through cooperation.

Of course, Wu Yuan has no intention of hiding it, and will indeed train a team of TV drama production teams for tvN. After all, this real money tuition fee will be provided.

All we can say is that tvN is not losing money, the Light and Shadow Era is making huge profits, and both parties are satisfied.

"Then let me borrow Director Wu's auspicious words and wish our cooperation a smooth and successful success!"

Li Zhenghe and Wu Yuan both had happy smiles on their faces and held each other's hands tightly.

“Happy to work with!”

"Happy cooperation!" (End of chapter)

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