Chapter 2035 A song for 51% of the shares?
Lee Jae-yong did not hide his ambitions.
But in fact, it is really exaggerated to describe Lee Hyun-chul's attitude towards the girl group using the president to describe Lee's attitude towards the girl group.
If he was here, he would feel speechless when he heard such words.
He obviously only created a girl group and has not made a formal debut yet, but he has been praised in South Korea for becoming a god.
However, Lee Jae-yong guessed part of Lee Hyun-chul's future plans, and he really had more focus on building a girl group.
Apart from the four new boys joined in the company, the boy group has no idea of discovering new people from the outside world.
In addition, it is actually an exaggeration to try hard to interfere in the operation of other girl groups.
Both Woollim and WM have taken the initiative to get up from the beginning.
Compared with JYP's girl group project Lee Hyun-cheol has decided to participate in the whole process. For the two groups, Lovelyz and Oh My Girl, he just helped to think of a combination name and at most a good song, so he would not waste too much effort on these two groups.
The main reason is that these two groups are not close to him, and the other is that he knows that even if he doesn't interfere, these two girl groups will be popular when it should be.
However, Shin Hyung-kun and the other two started to think seriously after listening to Lee Jae-yong's joke.
With the predecessors of Empire Girls and Girls' Generation, and the eye-catching "Produce101", Empire Entertainment and Lee Hyun-cheol himself, it seems that it is not impossible to be the "big president" who creates a girl group in the eyes of the public.
Lee Soo-man focuses on boy groups, while Lee Hyun-chul focuses on girls groups.
At that time, the father and son relied on their tacit understanding to straighten S..M, who was shaking in the storm.
Later, everything in the company returned to its original direction in an orderly manner. The hesitant directors who were originally bewitched by Kim Young-min all gave up their thoughts.
In addition to the achievements Lee Hyun-chul made in the Imperial Girls during this period, the profits they created by these five trainees from S.M, also flowed into the pockets of the senior executives of the S.M board of directors.
In plain terms, this is called closure fee.
After EXO kicked out one, the "group soul" displayed by the eleven human body and the all-round operation of Li Xiuman have been stimulated to be popular that none of the twelve people originally had.
The Chinese trio each set up studios in China, filming and variety shows.
The cost of an announcement made some boards who were questioning whether the company should completely focus their future focus on the Chinese market.
Without these jumping clowns, openly and secretly, Li Xiuman also let go of his hands and feet to prepare for the new album of EXO, and accelerated the selection of trainees within the company, preparing for the birth of the next new boy group.
This father and son can do something casually, so the entire Kpop circle is not as quiet as it is.
Lee Jae-yong left, left the gate of the Empire Entertainment Building alone, and sat in his car and headed towards the Samsung headquarters building.
"It seems that Li Zhiye is right, the song industry has been calm for too long."
After sighing slightly, Shin Hyung-kuan turned around and looked at Li Chongye and Li Yuanmin behind him.
"Did you two come for the new song?"
Li Chongye and Li Yuanmin looked at each other. Although they were unhappy with each other's presence, they still restrained their emotions when it came to work. "Yes..."
"Interestingly, the two new girl groups were able to let President Li, who had seen the dragon during this period, nodded and helped create the song, but I think you two companies have also paid a considerable price in this, right?"
Li Chongye responded respectfully, "Woollim's largest shareholder is President Li of Empire Entertainment. Long before Lovelyz was formed, President Li expressed strong expectations for our new girl group.
Now he has received the debut song he personally created for Lovelyz, which is said to be a considerable price, but in fact, it is just writing a song for his own combination. The fee is not collected."
Don’t accept any penny? Only ghosts will believe it!
Shin Hyung-kuan rolled his eyes, but then he thought that Woollim's actual controller is Lee Hyun-cheol himself. The media announced that it had acquired 17%. Even if it was the largest shareholder, it was absolutely suppressed, but this share was not enough.
In some major decisions, other directors who do not seem to be many of the directors who hold individuals with separate shares. As long as they choose to unite, Li Xianzhe, the largest shareholder, will bow their heads.
This is the suppression brought about by absolute numbers.
As an insider, Shin Hyun-kun had already found out that after Lee Hyun-chul returned to China, he bought no less than 40% of the shares from other Woollim directors through at least three capital injections.
In other words, there are only two people who have the right to speak in the Woollim executives now.
Li Xianzhe himself, as well as the founder, Li Chongye, who serves as the current representative and president.
When it comes to acquiring these foreign companies, Lee Hyun-chul has always believed that it is better to hold things in his hands. He can control whatever he wants and will not be intervened by others.
He also promised to the acquired companies that he would not intervene without any accidents.
Although this ending is not easy to accept for Li Chongye, seeing so much money entering his pocket in different ways, he can use the money to expand his company as much as possible.
And there will definitely be no director who disagrees with him who jumps out to object and question the majesty of his president. When he thinks of this, his "loyalty" to Imperial Entertainment becomes even higher.
As for Lee Won-min, when he heard Shin Hyung-kuan's "schadenfreshing" teasing, his face looked a little bad.
Although WM and Woollim are both inconspicuous small companies on Seoul, if you really compare them seriously, WM will be stabilized by Woollim.
Because of the style of B1A4 and the popularity it gains, it is completely unbeatable to beat Infinite, which has already made its reputation popular overseas.
He cursed "Axi" in his heart, but Li Yuanmin knew that with his current status, he really did not dare to show his true emotions in front of such people, but he just forced a smile.
"If you can get the song created by President Li himself, it will be worth it to pay a little."
Shin Hyung Kuan raised his eyebrows, "Is that right? When I was a guest in President Song's office, I accidentally heard him talk to his secretary and mentioned that Representative Lee offered all 51% of WM's shares in exchange for part of the capital injection of Empire Entertainment and Oh My Girl's debut song."
51% stake?
Chapter completed!