Korean Entertainment Kpopstar

Vol 2 Chapter 248: I want 20% of the shares (below)

The issue of Junxiu's contract renewal s.m can only be negotiated by formal means, and Junxiu is a 'money printing machine' type artist, he can come faster than 'robbery', so s.m is really reluctant to let him go. However, Junxiu wanted to take a bite of 20% of s.m's shares, which really made them unacceptable. As a shareholder, no one is willing to dilute the shares in their hands, especially s.m has made a lot of money under the leadership of Junxiu in the past two years..

Whether it is TVXQ or JS individuals, they really make a lot of money, so the dilution of shares is something that no shareholder wants to see. Who in this world doesn't want to make more money? Junsu is now the absolute pillar, the irreplaceable pillar. He is now called "international star" by everyone in Korea.

A brokerage company with international stars, how big a reputation boost is this for the brokerage company? It goes without saying, so they all expect Junsu to stay! But...

At this time, the conference room fell into a deadlock, no one spoke, and they all remained silent. If it was another artist, a little bit of coercion and enticing would have made him surrender, but what about Junxiu? These tricks are completely unworkable. So they were caught in a dilemma, not wanting Junxiu to leave, but not wanting to dilute the excessive shares in their hands.

Junsu also gave them enough time to think, and at the same time he was thinking about how scary Junsu knew the future value of s.m's 20% shares. This is not only about the market value, but also the income created by the artists every year in the future. Today's s.m boy group has their TVXQ, suju, and the girl group has a fledgling Girls' Generation.

This is still the current situation, and there are trainee resources downstairs? Various value measures Junxiu thinks that he has made a steady profit by using 40% of js entertainment shares in exchange for 20% of s.m! !

Yes, Junxiu felt that the 'spring of a girl group' was coming soon, and their company also set out towards the goal of a 'girl group'. But the men's team market also has huge potential there. This is also the shortcoming of js entertainment. They don't have male trainees. You must know that the spending power of female fans far exceeds that of male fans, both now and in the future.

Junsu felt that even if he made 'js entertainment' bigger, he couldn't surpass s.m. After all, there is one less men's team income, which cannot be replaced by one's own income. Not only can he stay at s.m, he can continue to maintain a 50-50 share with the company, but he can also get 20% of s.m's overall income (including the income that Junsu has created for the company). This is not a small amount, so no matter how you look at Junxiu I made a lot of money myself.

Of course, the premise is that s.m agrees to Junsu's contract renewal conditions.

The conference room was silent for nearly ten minutes. Finally, Li Xiuman said, "Junxiu has already set the conditions. Let's break up the meeting here today? Everyone go back and think about this matter. In the end, this matter is worth it, no? It's worth it, everyone should think about it in their hearts. We will meet again in three days, and then we will vote together, what do you think? After all, sitting here, it is impossible to get the result immediately..”

One of the shareholders nodded and agreed: "Okay, let's vote in three days." No one would say anything while sitting here. It would be better for them to call off the meeting at this time. The shareholders communicated privately and waited three days later. Come up with a result.

.........

Shareholders left the conference room, and this time the meeting was just a preliminary proposal. After the meeting, Junxiu was naturally called into Li Xiuman's office. There were only the two of them sitting on the sofa in the room. Li Xiuman lit a cigarette at this time, and the smoke filled the room. Li Xiuman looked at Junxiu's brows earnestly and squeezed out the word "Chuan": "Junxiu, let me know what your plan is on your side. No matter what you decide, I will support you!"

Li Xiuman frankly asked Junxiu's plan, if he only offered a 20% share exchange to let the shareholders retreat, or did he really want to hold 20% of the shares in his hands? All in all, Junsu's decision is supported by Lee Sooman.

"Uncle, you founded s.m. Of course I thought I could get 20% of the shares, and I am very optimistic about the company's prospects."

Li Xiuman sighed deeply and said, "When s.m went public, you said you wanted to inject funds, but I was worried that the risk was too great~www.novelmt.com~ so I rejected you, and now I think about it and regret it. I know pulling my eldest brother with you..."

When s.m chose to go public, Li Xiuman and Li’s father thought about not putting eggs in the same box, so they had two companies, s.m and s.w, respectively. Now s.m has embarked on a prosperous road, but s.w has been washed away by the entertainment industry. But the only regret is that s.m is no longer a place where Lee Soo Man can speak completely. Although they hold the most shares, some of the shareholders in the company are very background.

Junxiu smiled and said, "It doesn't matter, if I can come in this time, not only can I dilute the shares in their hands, but we can become the first, second, and major shareholders. We can determine many things together."

"Hehe.. You think too simple." Li Xiuman just smiled indifferently, and did not explain to Junxiu the hidden things in detail, the background! Li Xiuman continued: "Now your js entertainment backup resources are very powerful. Do you and Yu Yongzhen have the same idea? Will the girl group become the mainstream of the entertainment industry in the future?"

"Well, girl groups will inevitably become mainstream. The boy group market is saturated, and there are no more female students obsessed with boy groups now, and waiting for the next batch of girls to grow up will have to wait many years later. So now the rest of the market is male fans, this is a blank market left after the decomposition of s.e.s and so on, so the girl group must be the mainstream in the next few years."

"The analysis is good. The cake of the women's group market has grown bigger now. What we are waiting for is to cut the cake. This depends on each individual's means and ability. By the way... I almost forgot one thing." He walked towards the desk, then picked up a script on it and walked towards Junxiu...

(To be continued..)

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