Chapter 279: Dealing with Suppression

Time flies, and December 24th is coming.

However, the weather is not beautiful, and it rains heavily during the day.

Fortunately, the evening finally stopped, and although the temperature was a little lower, it did not affect the enthusiasm of the young people. Couples and partners poured into the streets to watch performances and go shopping......

As an artist, often when others are resting, it is the busiest time.

Taeyeon and Yoona have a lot of announcements today, and the girl group selection program jointly organized by the agency and the TV station also has a special Christmas live broadcast today, which will be broadcast simultaneously on TV stations, VLIVE, streaming video websites, etc.

. W's propaganda ability has shocked countless people.

Supermarkets, shopping malls, convenience stores, websites, neighborhood social networking, gaming platforms...... is so overwhelming that many entertainment companies and TV stations have sourly described this show as being . W was forced to go up!

No matter what they say, popularity is an indisputable fact.

Yuna, as an MC, has also gained a lot of popularity.

Taeyeon, Seo Hyun, Yoo-ri, or there are performances, or fan meetings.

Park Ji-hoon also made a rare live broadcast to interact with fans.

In recent days, he has been a little busy, in addition to paying attention to Lee Jae-yong's second trial, he also has to deal with some trivial matters on the side of the entertainment company.

First of all, Melon is currently the largest streaming digital music platform in South Korea, accounting for 15%-32.5% of the major song programs, and is the only designated channel for many offline celebrity meetings, concerts and other activities, as well as the album circulation channel for most brokerage companies.

Originally, Melon belonged to LOEN, which was owned by SK Telecom, but for some reasons, SK Telecom had to sell LOEN and was cut off by Park Ji-hoon.

Now, SK Telecom is making a comeback.

IN AUGUST 2014, SK TELECOM ACQUIRED A 37.5% STAKE IN IRIVER HELD BY A PRIVATE EQUITY FUND FOR 29.5 BILLION WON, BECOMING IRIVER'S LARGEST SHAREHOLDER.

In the middle of this year, SK Telecom launched an in-depth cooperation with SM Group.

SK Telecom invested 65 billion won to become SM's subsidiary, SMCC became the second shareholder, and then SMCC acquired SKPlanet's advertising business.

During this period, SMCC issued a total of 7.7 billion won in convertible bonds to Kang Ho-dong, Shin Dong-yeol, Jeon Hyun-mo, and Lee so-geun in order to strengthen the partnership with the artists who represented the artists.

Among them, the main programs of Kang Hudong, Shin Dongye, and Lee so-geun are all in. W。

Subsequently, SM Group invested 40 billion won to become the second shareholder of SK Telecom's subsidiary, Elliho, which merged with SM's subsidiary, SMMobileCommunications, to form Eriho Corporation, which in turn acquired SM's Japanese subsidiary, SMJapanLifeDesignCo.

In short, it is a strategic cooperation between the two parties.

. Although W is vigilant, it is not intolerant of the development of others.

Unexpectedly, at the end of this year, the record contracts of Melon He, JYP, and BigHit expired, and the three of them actually wanted to transfer the record and music source business to IRIVER!

Importantly, . W actually just found out!

Although several are still under negotiation and have not formally signed an agreement, it is clear that the . W was excluded and did a strict work of secrecy.

You know, he is also the second shareholder of BigHit and the owner of the old building of JYP!

As a telecommunications industry, SK Telecom has a natural advantage in this regard.

In addition, SK Group is a long-established conglomerate.

The choice of the three is not surprising.

However, that doesn't mean he's okay with it.

This kind of thing naturally doesn't need him to come forward, but he needs to know.

. The people of W Entertainment have already contacted the three separately to see if there is room for maneuver. Just one chance, if you refuse, then forget it.

However, behind it is SK Telecom, and this is what he needs to consider.

As the largest telecommunications company in South Korea, SK Telecom is not without competitors, with KT and LGUplus being two other telecommunications companies, with KT Korea being SK Telecom's main competitor. Come to think of it, KT Korea should be happy to cooperate with him.

As for the friendship with Choi Tae-won, in fact, it is not a friendship at all, and it is even more worthless in front of interests.

That evening,. W Entertainment came with the news, and JYP and BigHit all refused. Of course, he will definitely not refuse bluntly, but just vent his bitterness and tell his difficulties.

In the shopping mall, there is no friendship at all, and the heart of the Virgin is even more unacceptable, Park Ji-hoon did not hesitate at all, and directly agreed to the coping strategy that the group came up with before.

In recent years, he has been working hard to expand his territory, variety shows, TV dramas, musicals, etc., signing fashion models and athletes, developing side businesses, and vigorously expanding the market in Japan and ASEAN countries.

If the scale is too small, . W is really not good to find the right point, so it's good.

Suppress in all directions.

Whether in Japan or ASEAN countries,. W's influence is not comparable. There are also fashion fields, sports circles, film and television circles, as well as side businesses for development, etc., none of which are left behind.

The company has a lot of black material, so it is also very simple to throw some out casually, and then let a prosecutor come forward to investigate and cooperate with the suppression of the stock price, but this plan was vetoed by him. It's just to exert pressure, but it's not to be killed in one go

At the same time, many of its variety artists are in. W TV station dinner, although it can be suppressed, but it is the most inferior means, and it was also vetoed by him, he means to directly poach people, not only to dig Jiang Hudong and others, but also some talented management, composition and choreographers of the company.

In contrast, this trick is more yin and directly digs the foundation.

JYP and SK Telecom are very deeply involved, and this kind of decision is not something that Park Jin-young can refuse.

BigHit is too unkind, it is estimated that BTS has been booming around the world in the past two years, which has given the management confidence.

The strategy for these two companies is also to suppress and poach people at the same time.

In fact, Park Zhixun is already kind, if he is more black, he can completely toss these two families like Bai inserted into the TVXQ split incident back then. In particular, there is only one portfolio under BigHit, and it is all dependent on this combination to eat, and once it breaks down, the so-called transcendent valuation will be immediately beaten back to its original shape, and it is not impossible to even collapse.

There are also old buildings that JYP is still using, and he did not forcibly take them back.

That's how kind.

In the evening, at the invitation of Hwang Chang-gyu, chairman of KT in South Korea, we had coffee together and had preliminary communication.

It's not that he's in a hurry, it's that Hwang Chang-gyu is in a hurry!

If you are pressed on top of your head by a person all the year round, if you encounter an opportunity to surpass each other, how will you feel? As the second oldest in 10,000 years, South Korea's KT dreams of surpassing SK Telecom, if you can cooperate with .W, it may become a decisive step in the outcome of the game!

No, President Huang Changgui has personally stepped in.

Strive to win this cooperation.