Resource Tycoon Reborn

Then, SM Entertainment Co., Ltd. announced that it will purchase a new headquarters building. The current headquarters building will be used for trainee training. This news also caused quite a stir in the Korean entertainment industry - strong financial resources have always been

is an important factor in success.

Next, Hong Kong Kumho Film Group Company sent teachers to SM Entertainment Co., Ltd. with a high profile to screen the trainees of SM Entertainment Co., Ltd. This undoubtedly further inspired Korean teenagers who are interested in entering the entertainment industry. SM Entertainment Co., Ltd.

The company's trainee selection was overcrowded for a while. This alone made colleagues in the Korean entertainment industry envious. Although the poor cast of SM Entertainment Co., Ltd. did not get the favor of Hong Kong Kumho Film Group Company

However, many famous Korean artists have expressed interest. Their contracts with the management companies are about to expire, and a few people have secretly extended an olive branch.

When SM Entertainment Co., Ltd. contacts overseas cooperation, the other party will also look at it favorably because of the Hong Kong Kumho Film Group Company. The unfair treatment it received in the past has been reduced a lot. During this period, whether it is SM Entertainment Co., Ltd. or

The artists under our banner are living a relatively comfortable life.

The stock price of SM Entertainment Co., Ltd. has hit new highs in the Korean stock market, making all shareholders make a lot of money. Even the shareholders who had secretly complained about the strong entry of Hong Kong Kumho Film Group Company into SM Entertainment Co., Ltd.

There is nothing left to say at this time. It is precisely because of these benefits that SM Entertainment Co., Ltd. now has more respect for its head office, Hong Kong Kumho Film Group Company.

Therefore, now the company does not dare to be negligent in the affairs assigned by the head office. As Fang Mingyuan came to explain last time, sm Entertainment Co., Ltd. has been actively promoting the proposal of selecting good seedlings for cultivation in China.

Cooperate with domestic companies in China and participate in some talent shows in China.

"Well." After listening to Li Xiuman's report on the company's performance last year, Fang Mingyuan nodded slightly. "This time when I came to Korea, SM Entertainment Co., Ltd. was not the focus of my inspection. However... Chairman Yu Qiuxia, some

I hope I can convey my thoughts to you."

Li Xiuman immediately felt a shiver in his heart. Yu Qiuxia. How could he not know that Hong Kong Kumho Film Group has been the chairman of the board since its establishment and is also the former president. Fang Mingyuan's closest relatives and friends have extremely important roles in Hong Kong Kumho Film Group.

His important position can be said to be second only to Fang Mingyuan. So Li Xiuman asked cautiously: "Chairman Yu, what instructions do you have?"

Fang Mingyuan smiled and said: "President Li, there is no need to be so serious. Sister Qiu Xia just has some personal thoughts for President Li's reference. I can't talk about instructions." Li Xiuman relaxed a little, but this was just a superficial phenomenon, and he was still very nervous.

How could the personal thoughts of the chairman of the group company not be taken seriously by the heads of subsidiaries like them?

Fang Mingyuan continued: "The Korean entertainment market is narrow and the competition is fierce, so some rules in the Korean entertainment industry have been formed. For example, the sharing system between companies and artists is understandable. However, SM Entertainment Co., Ltd. is now a Hong Kong company.

As a subsidiary of Lake Film Group, the head office will help you explore new overseas markets, but SM Entertainment Co., Ltd. must also cooperate with some of the head office's systems."

Li Xiuman immediately understood what Yu Qiuxia meant. Obviously, Hong Kong Kumho Film Group Company believes that SM Entertainment Co., Ltd.'s artist contract is a bit harsh. Many media in South Korea have already mentioned many economic companies led by SM Entertainment Co., Ltd.

Artist contracts are called "slave contracts."

Li Xiuman couldn't help but grimace. Before he could speak, Fang Mingyuan had already waved his hand and said: "I know that you invest a lot in trainees. Those expenses will eventually be earned from the artists who debut at the same time, and from the selection of artists.

From packaging it to the market, this process is a big gamble. If you win, you can get huge profits, but if you lose, you will lose everything. Many artists go from being unknown in front of people to becoming famous later, and they are indispensable behind them.

The brokerage company's discovery, creation, packaging, planning and other series of operations, all of which also require a lot of costs, and it is not that the brokerage company takes a large amount of income from the artist's income for no reason."

"It is our happiness that Mr. Fang can understand the difficulties of us people in this way." Li Xiuman said quickly, "The company..."

Fang Mingyuan interrupted Li Xiuman and said: "However, Hong Kong Kumho Film Group Co., Ltd. is to be a century-old company in the future. Profit is important, but reputation is also very important. In the Korean entertainment market, to be honest, we are not

I attach great importance to it. Compared with the Korean market, the Japanese market, the North American market, the European market and the Chinese market are the development focuses of our Hong Kong Kumho Film Group Company!" Li Xiuman said nonchalantly, not knowing what to say for a while.

"When I chose to invest in SM Entertainment Co., Ltd., I valued its complete star-making system. This is SM Entertainment Co., Ltd.'s strength. I hope to promote this star-making system to China and even overseas and explore it.

More artists from other nationalities should come instead of flopping endlessly in the narrow pond of the Korean entertainment industry. As long as you have the ability, the head office has plenty of overseas resources for you to borrow. Hehe, the company's movies have become popular

I have met many artists, including singers." Fang Mingyuan said.

Li Xiuman listened attentively. He knew that Fang Mingyuan was not boasting. Hong Kong Kumho Film Group Company has indeed made many artists famous over the years as Fang Mingyuan said, and it can help those who have reached the top of the global box office rankings.

The top ten singers who have sung theme songs and interludes in popular movies have naturally attracted widespread attention from movie fans. The most prominent example is the one who sang "Titanic", which has become extremely popular in the past few years!

"So, I hope, President Li, you can pay attention to the chairman's opinions, don't be limited to the moment, and take a longer-term view. I hope that through this change, not only can the company's outstanding artists be retained, but also

Attract other powerful artists in Korea to join our ranks." Fang Mingyuan said earnestly. In his previous life, the disbandment of SM Entertainment Co., Ltd.'s top artist organization was a big deal. Even he didn't pay much attention to it.

Everyone in the entertainment industry knows it.

Li Xiuman took a long breath and forced to calm down the annoyance in his heart. He did not expect that Fang Mingyuan came here this time for this purpose. But he understood that although neither Yu Qiuxia nor Fang Mingyuan used any commanding tone,

However, it represents the opinions of the major shareholders. You can raise questions and put forward revised opinions, but you cannot ignore them!

"Mr. Fang, I understand Chairman Yu and your opinions. I will immediately notify other managers of the company to discuss and revise the relevant terms of the artist contract!" Li Xiuman said. He is not a fool, Hong Kong Kumho Film Group

As the company's major shareholder, the company will naturally not do anything that will harm its own interests. Otherwise, they will be the ones to suffer the most. Moreover, if it is true that it can be done as Fang Mingyuan said, Hong Kong Brocade

If Lake Film Group Co., Ltd. can help open overseas markets, the benefits the company can gain will be even more substantial. The profits from overseas markets are huge, but far exceed the domestic market in South Korea.

"Well, it would be best if President Li can do this." Fang Mingyuan said with a smile, "Our ultimate goal is the international stage. I don't want the company's artists to broaden their horizons, but because their income is compared with their international counterparts.

There is too much gap, resulting in undue psychological imbalance. The relationship between the company and the artists should be a partnership, not a pure relationship between managers and managed. As long as we can bring better careers to the artists

With development prospects and more harmonious internal relations, many problems can be properly solved. I hope that SM Entertainment Co., Ltd. can also see the emergence of hardcore artists in the future, instead of being secretly scolded by these artists for making money.

.”

"I understand that SM Entertainment Co., Ltd. will be a warm family for all its artists!" Lee Soo Man said quickly.

Fang Mingyuan smiled. Many companies in South Korea claimed this, but in fact, they were very rare. He did not expect SM Entertainment Co., Ltd. to be able to completely achieve it in the future. After all, the world is as dark as crows.

Similar situations are unavoidable in all walks of life and in various countries. But as long as we do better than others, coupled with the resources of Hong Kong Kumho Film Group Company, it is enough to ensure SM Entertainment Co., Ltd.'s reputation in the industry. And good

Word-of-mouth coupled with strong strength and harmonious internal company atmosphere will undoubtedly have a huge attraction for artists. In comparison, economic companies in European and American countries do better at this point. They usually sign contracts with new artists and receive a share of the profits.

It is around 50-50, and will decrease year by year depending on the specific situation. In Hollywood, the bottom line for the economic company to take the commission is 10%. For example, if the economic company takes the absolute majority of the commission like 37 to 28, it is not possible at all.

It may happen. After all, fishing in dry swamps is not a long-term solution.

"Let the change start with them!" Fang Mingyuan pointed at a contract on the table and said, "I also hope that it can become a representative of the company's artists' long-lasting prosperity."

Lee Soo Man followed his finger and looked over. It was the contract for TVXQ, a group that the company was about to officially debut in four days!