Chapter 1245 Acquisition of WM Entertainment?
"However, Li Yuanmin's words seem to reveal that he wants to get on the boat of our company."
Song Ki-beom murmured with half-closed eyes.
Empire Entertainment is under observation and scrutiny from many forces within the industry at every moment.
The company can be said to be a little bit stronger every day than the day before.
More and more small and medium-sized companies are secretly acquired by Empire Entertainment.
Maybe the public doesn't know, but the company bosses in the circle definitely know.
"Forget it, let's first observe whether this newcomer group has potential, and then report to the president when we have time."
In the same innocent style, Song Ki-fan thought of Lee Hyun-cheol's previous mention of Woollim's new girl group in front of him.
There was no concealment in his words of admiration for the new girl group member who had not yet debuted.
Huh? Now that I think about it, Woollim, a girl group that will be released in November, also has a pure style.
From this point of view, there are two more new groups that have taken the clear wind.
"Do these people think that the past few years are a period of recovery for girl groups? They want to snatch a piece of cake from the mouths of their seniors."
All the girl groups that have debuted in the past few years, all of which they have heard of, flash in Song Ki Bum's mind.
fiestar from loen, exid from tiger, aoa from Fatty Han, hello venus from pledis, sanamoo from ts, etc.
The ability of each of these companies to create stars is not particularly bad, but these girl groups have all tried various styles and failed without exception.
And Song Ki-bum thought about it. A few months ago, a small company named rbw launched a four-member group, which seemed to be called Mamamoo.
The lineup for the debut song was very strong, with Baek Ji Young, Jung Joon Young and many other seniors helping out, but the result was that they were not well received.
Now it seems that these girl groups have adopted the sad style, girl band style, pure style, sexy style, etc. in recent years.
Among them, including hello venus and sanamoo who have already debuted, and if we add the girl groups that are about to be launched by woollim and wm.
Pure style is still the first choice of many companies.
But this style is difficult to follow.
There is Apink on it, and Girls' Generation on top of it. Their images and labels have been deeply rooted in people's hearts.
Moreover, Apink is currently on the rise, and WM Entertainment is about to launch OhGirl. Such immature newcomers have no chance of fighting in front of them.
How good this company's operation and planning capabilities are can be seen from the previously launched boy bands.
Average, second tier in popular area.
But after all, he is someone who has won three major TV stations, so he still has some strength, and his earning power and fan base are relatively stable.
According to Song Ki-bum's opinion, WM, a new group, should go through a long and hard period after their debut.
Apink's company used to be Cube, but now it's Loen, while WM doesn't even have a backer, so it just goes it alone.
When Apink transforms like Girls' Generation, maybe they will have a breakthrough in popularity and influence.
"Let's wait and see for now. If the results are slightly higher than expected, just like the president will explain the plan to acquire WM."
The acquisition of WM Entertainment was the sudden rise of Song Ki Bum.
The biggest vacancy in Empire Entertainment right now is that there is no boy group, or in other words, it will not be able to focus on the boy group in the future.
Although there are many good male trainees within the company, Li Xianzhe's character of always striving for perfection.
It would be more cost-effective to only acquire an outside company that already owns a boy band.
On the one hand, it can fill the gap in this aspect of the company, and on the other hand, it can also give the company more time to prepare.
According to the news reported by the secretary just now, WM Entertainment plans to change the company's building next year to World Cup Road in Mapo-gu.
Song Ki-beom knew that place. It could be said that apart from the many companies in Seoul, which were concentrated in the Cheongdam-dong area, the rest were basically in Mapo-gu. Some companies were even across the road from each other.
But according to Song Ki-bum's analysis, WM Entertainment only relies on b1a4 to build a new building.
This company's finances must have reached a limit, and there shouldn't be much funds on hand.
The chaebol companies in Seoul may have little interest in such small companies, but that doesn't mean that Imperial Entertainment doesn't have them.
In fact, since Li Xianzhe returned to China, the pace of acquiring other companies has slowed down a bit compared to the past few years, but that does not mean that it has not stopped.
Sinsadong Tiger’s Yedang Entertainment, Han Seung-ho’s FNC, Bang Si-hyuk’s BigHit, Golden Age’s Starship…
After Li Xianzhe returned to China, Empire Entertainment purchased scattered shares in the form of funds from time to time.
Some come from other members of the board of directors, and some come from private individual shares.
Perhaps they want to completely eliminate those different voices to a minimum, so these companies are doing it slowly and secretly.
Even Song Ki-bum can vaguely feel that the next time Empire Entertainment holds an all-employee meeting, the company will definitely reappear in front of the world with a new look.
A year ago, s..m purchased 17% of Woollim Entertainment's shares and became the company's major shareholder.
Song Ki-beom, on the other hand, had started to set his sights on this company before this phone call.
This call, coupled with Li Yuanmin's occasional attitude, gradually made Song Kibeom determined to let people in the company evaluate the value of WM Entertainment.
To be precise, the company's current employees are either transferred from other companies or have switched jobs from other companies.
But they all have one thing in common: they don’t have much experience participating in the operation and planning of a men’s group.
Starship only has one boyfriend. It goes without saying how successful this group is.
Although DSP has SS501, their style line is more biased towards the RB market.
Not to mention fnc, unless you are an employee of the three major companies, but this kind of talent is highly prized by others, and it is difficult to borrow it, and it will cost a lot to poach it.
WM happens to have a precedent in this area. Although it is not a success, it is already a miracle in a small company. This is exactly what Empire Entertainment needs.
Just as Song Ki-bum was deep in thought, the secretary who had sorted out all the documents spoke up.
"Originally there were more things than now, but the public relations and publicity department eliminated some useless or duplicate ones, and the final results were filtered and sorted out, and they are all here."
The secretary answered honestly, and the two girls wearing glasses didn't understand.
Why is the president in their eyes suddenly interested in a small company with only one idol group?
"I see."
Song Jifan nodded and spoke to one of the secretaries.
"Go to the legal department and ask them to calculate the value of WM Entertainment. From an acquisition perspective, how much money will be invested."
Soon after, the secretary who left knocked on the door again, holding a thick piece of information in his hand, "President, these are the information on cjem's subsidiaries that you asked for before."
Following Song Ki-bum, these secretaries also developed the ability to figure out people's hearts, and they did many things directly without Song Ki-bum having to say anything explicitly.
"Put it on my desk."
Chapter completed!