Shining Star Korean Entertainment
CHAPTER VIII CONTRACTS AND THE PAST
Of course, popularity and money need to be grasped. With Lin Youmin's current appearance and fame in the modeling industry, it is definitely not a problem to make money.
The contract signed by Lin Youmin and Quan Encan, the original contract between the two had ended as early as last year. At that time, Quan Encan's commission ratio was 50%, which was a normal newcomer contract.
Compared to the seven to three and eight to two that brokerage companies often have, it is much better.
The newly signed contract is a two-year contract. The commission for Kwon Eun Chan's agent is 40%, which is the result of Kwon Eun Chan's own concessions. The initial commission for an independent new actor is 50.
%about.
Of course, if there is an agency, it will be light to charge 50% because the agency has more resources.
As for the commission of 30% or even 20%, 10%, that is the condition that only top artists are qualified to discuss.
Friendship is friendship, and the rules within the broker’s business cannot be destroyed.
The cooperation between Kwon Eun-chan and Lin Youmin is very pleasant. They are not only actors and agents, but also good friends. Kwon Eun-chan has a long-term vision and deals with a pure jade with unlimited potential, such as Lin Youmin.
Friendship is far more important than money. Giving up a little bit of benefits will not make him feel distressed.
The signing time for two years is very short, but this is also what Lin Youmin and Quan Encan have agreed long ago. The signing contract will be made every two years, and the proportion will be appropriately adjusted based on Lin Youmin's fame and income.
The studio belongs to Lin Youmin alone, and Lin Youmin also needs to pay for team expenses such as assistants. Quan Encan is responsible for his planning, publicity, contacting TV stations, etc. In short, it is about connections!
In Lin Youmin's opinion, Quan Encan's connections are worth this price!
For an artist, it is not easy to see how much he has drawn. The more he earns, the more he earns. In order to retain the money tree, the agent will even take the initiative to reduce the commission ratio. Everything depends on the artist.
Your own achievements and fame.
After deducting various taxes and money invested in the studio, Lin Youmin’s remaining money is not particularly large.
Lin Youmin has always paid taxes and other things on time. Maybe he is not very famous now, so it doesn’t matter, but after becoming famous, this is the most important thing. He doesn’t want to get flirted with taxes.
You should know that the Korean people are extremely disgusted and disgusted with artists who evade taxes and military service.
It is worth mentioning that although Lin Youmin’s studio is a separate studio, it is affiliated with an agency.
The company's name is CCM, and its full name is CoreContentsMedia.
A brokerage company that focuses on singers in general.
Why is Lin Youmin affiliated with a music agency rather than an actor agency?
This starts with Lin Youmin's father.
Lin Youmin's father is a Korean. After studying in the United States, he settled directly in the United States and obtained American citizenship.
Naturally, Lin Youmin is also an American citizen, but a few years ago, the South Korean government revised the law to allow the existence of dual nationality, so now Lin Youmin is a dual nationality in South Korea and the United States. (PS: In fact, this policy is approved.
It seems to be implemented in 2011, but it is in advance here to avoid messy military service and other things. I hope you understand.)
Through years of hard work, his father ran a listed company and a medium-sized Hollywood production company, helping some movie giants produce outsourcing corner shots, and occasionally participating in the production of TV series.
Lin Youmin has been with his father since he was a child. He was not interested in the listed company, but the one that produced movies and TV series.
He was influenced by Hollywood since childhood. Lin Youmin longed for performance and also liked performance. For performance, he even left behind his favorite basketball and football.
As for why you come to Korea, not Hollywood?
Lin Youmin sneered at it. Is Hollywood so easy to be amateur? Besides, he is still a yellow man, and it is inevitable to be discriminated against when going to Hollywood. Although Lin Youmin is confident, he is not too ambitious and does not know the world is high.
Even if your acting skills are at the level of an actor, you have to make a quarrel in the minds of directors and producers based on your skin and reputation, let alone Lin Youmin does not have the acting skills of an actor.
Compared to the United States, Lin Youmin, who has specially studied the Korean entertainment industry, believes that this place is more suitable for his development.
Lin Youmin returned to his Korean life and returned to his hometown. His father did not support or object to Lin Youmin becoming an artist.
After staying in the United States for so long and being influenced by American imperialism, Lin's father has always respected Lin Youmin's own choices.
But as a father, he was still a little worried, so he specially contacted an old friend in the Korean entertainment industry to help take care of him. It is said that Lin's father was a junior who had a good relationship when he was studying in Korea.
A man in his early forties named Li Xiuyuan, the executive officer of CCM, and a real power. Naturally, Lin Youmin attached his studio to CCM's name...
Because CCM is just a not-famous music agency, it cannot provide any resources to Lin Youmin. In addition, Li Xiuyuan only symbolically charged a 1% income commission.
The entire CCM has never cared about this, including another powerful party, the president of CCM and CEO Kim Kwang-soo.
A little famous model and new actor, not a singer, he is not a CCM dish, so he naturally won't pay too much attention. Just rely on it, he won't refute Li Xiuyuan's face. Human favors are too mysterious.
It's...
However, the name of CCM is not useless at all. CCM is an independent subsidiary of MNET Entertainment, and behind MNET Entertainment is the huge CJ Group.
With this name alone, it can more or less scare some people.
Even if Li Xiuyuan's main influence is in the music industry, it does not mean that he has no connections in the entertainment industry. For Lin Youmin, it is always good to have an extra path...
Although Li Xiuyuan takes care of Lin Youmin like his nephew, after all, in general, he still has to be responsible for the company and on the surface he must be able to live a good life! So in the contract, Li Xiuyuan indicated that Lin Youmin was
Under appropriate circumstances, it is necessary to keep consistent with CCM in terms of speech and cooperate with CCM's publicity activities.
The right situation... a very vague box. Lin Youmin didn't care too much, and agreed readily. No matter what, Li Xiuyuan wouldn't cheat him. Quan Encan also thinks it's okay, after all, if
If CCM starts any publicity strategy, it must be the resources behind MNET. Lin Youmin can also get benefits when he cooperates with him.
A bright future still requires oneself to work hard. Connections are only part of success, definitely not all.
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