Chapter 26: In Progress (II) 2/2
No journalists, no flashes.
The signing ceremony between J.H and YG was held in a very low-key manner, and the signing address was chosen in a large conference room of J.H Company, and the only testimonial left was that the company's publicity department transferred a camera assistant from the technical equipment department and recorded the video data with a handheld DV, which will not be released, but will remain within the company, so that the junior can witness the development of the company.
According to Ahn Joon-hyuk's idea, the formation of a strategic partnership with YG should be widely publicized to raise the attention of J.H and YG, but since Yang Hyun-seok did not agree, he did not insist on it.
The so-called strategic cooperation terms that were finalized after months of negotiations basically took into account the demands of the two companies, starting with the Bigbang group, which is scheduled to debut next year, and J.H and YG each hold 50% of the ownership of Bigbang, while the ownership of the contract for individual members is different from the verbal agreement between Ahn Joon-hyuk and Yang Hyun-suk.
Among them, Choi Seung-hyun, Kang Da-sung, and Dong-young Bae still hold 50% each according to the verbal agreement, and the ownership of Kwon Ji-ryong, the scheduled captain of Bigbang, is the focus of the dispute between the two sides in the past few months.
Yang Hyun Suk couldn't watch this disciple he had worked so hard to cultivate fall into the hands of others, J.H got Ahn Jun Hyuk's instructions, and he also clung to the ownership, entangled to the most rear, and the protracted negotiations made everyone's patience to the lowest point, and both sides took a step back - about 40% of Kwon Ji Ryong's personal acting was owned by J.H. YG holds 60% and can unilaterally veto J.H.'s unreasonable travel arrangements to Kwon Ji-ryong.
After that, there are some small clauses, such as the development of Bigbang, the two companies must work together, J.H and YG shall not break up or hide the members of Bigbang in any way, and the two companies must discuss the expansion of the portfolio in the future with four temporary members, and any unilateral termination of any member or the addition of new members is a breach of the strategic alliance agreement.
In this strategic cooperation agreement, J.H. did not pay any price on the surface. And in private. Ahn Joon-hyuk submitted a letter of intent to YG on behalf of Park Sun-young Ventures with a total amount of KRW 20 billion to be injected in three installments over a two-year period, and YG transferred its equity to Park Sun-young Ventures in three installments based on changes in the company's market value (its artists, song copyrights, etc.). And in the next ten years. YG reserves the right to repurchase shares from Park Sun-young Venture Capital on a priority basis.
Meantime. Ahn Joon-hyuk also signed an album production contract with YG in his personal capacity, which is much more lenient. It's just that after Ahn Joon-hyuk's debut in Bigbang, he must produce his first album with "Lies" for Bigbang, and the next two albums that are not inferior to the first album, and there is no more specificity.
After all, after the signing of the strategic agreement, the success or failure of Bigbang is also related to J.H's profitability in this combination, and Yang Hyun Suk doesn't care whether Ahn Jun-hyuk will care at all.
Overall, this agreement takes care of the respective interests of both parties, and everyone is happy!
Although there are still people who feel that their side has suffered a loss.
In the spacious conference room, Yang Hyun-seok brought his own lawyer, and in order to take care of the thin people on his side, Ahn Jun-hyuk only brought the company's legal counsel and Park Young-jun - he attended as a legal person of "Park Sun-young Venture Capital".
At the huge conference table, Ahn Jun-hyuk flipped through several contracts in his hand, and then signed his name, while opposite him, Yang Hyun-seok held the pen in a daze.
He was looking at the conference room he was in, this was his first time in J.H, the high-end and luxurious office building, the tidy, bright and vibrant office area, the spacious and even a little luxurious meeting room, which always reminded him of his YG.
It is cramped and cramped, and the economic environment and spiritual outlook of the two are not the same at all.
It wasn't because he was suddenly jealous or anything, he was past the age of hating the rich, and he suddenly remembered this, but he suddenly realized that if he signed his name, what would happen to YG in the future?
I heard that in addition to the floor rented here, Ahn Jun-hyuk is also building a headquarters building with 4 floors above ground and 4 floors underground, and he knows how hot the current land price of Apgujeong is, but the amount of money spent on that building may exceed the total investment he has now received from "Park Sun-young Venture Capital".
Some people may think that Ahn Jun-hyuk is vain, but he doesn't think that he is more inclined to Ahn Jun-hyuk's ambition.
Is it good or bad for YG to work with such an ambitious young man and such an ambitious company?
Somewhat confused!
"Yang Jun ......"
Just as he was distracted, someone next to him gently nudged him. Yang Hyun-seok came to his senses, it was the lawyer who came with him, the other party glanced at him, he looked at the other side, it turned out that Ahn Jun-hyuk and Park Young-joon had already signed the contract at this time, and they were waiting for him.
"I'm sorry!" Coughing dryly, Yang Hyun-seok sorted out his emotions, opened the contract, and signed his name on it.
In any case, it doesn't matter if you think so much now, YG needs money to grow and develop, and it needs songs that have the potential to sell big and release merchandise, and J.H can provide them all. In the previous months of negotiations, he also tried to negotiate the most favorable terms for himself, such as the buyback agreement between YG and Park Sun-young Ventures, which he prepared to prevent YG from losing the initiative and to regain ownership of the company in the future.
For this reason, he even gave up his insistence on the ownership of Quan Zhilong.
There is no perfect thing in the world, some costs must be paid, some risks must be taken, even if there is no J.H, in the future, for YG, he will accept capital injection from other companies, rather than facing the future of big capital, it is better to be tied to J.H first.
The future depends on the means!
When he finishes signing. The moment he closed the contract documents, An Junhyuk on the other side stood up and stretched out his hand to him with a smile: "Yang Jun, we will be a family in the future, I wish us a happy cooperation in the future!"
"Happy cooperation!" He is a person who can afford to put it down, and he may have had a lot of worries before signing, but since he has made a decision, he will not look forward and mess up, so he quickly adjusted his mood, shook hands with Ahn Junhyuk and smiled: "Since it is said to be a family." In the future, I will ask Joonhyuk Xi to go around YG. Mentoring Ji-ryong and them, Jun-hyuk Xi is the idol of all YG's trainees. ”
"Certainly, Yang Jun, please!"
The contract was successfully signed. The program that followed was naturally a celebratory dinner. Of course. In fact, this dinner is also to introduce the high-level understanding of the two companies, so as to facilitate future exchanges and communication, and the brokerage company is relatively simple in this regard. Unlike ordinary peer companies, they must always guard against collusion with each other's top management and betrayal of company secrets.
Because the agency has no secrets to speak of, and even a project is still in the conception stage, I can't wait for everyone to know about it and help me promote it for free.
……
……
"Joonhyuk Xi...... Other...... Don't forget to promise me that if you have time in the future, please make sure to visit YG more often...... Be sure to ......."
"Okay, I'll go tomorrow...... Yang Jun is drunk, a few help me take care of him, where Yang Jun and you live, just report the address to the driver!"
The celebration went on until late at night, and in front of a clubhouse, a car was arranged to see off Yang Hyun-seok and several YG ministers, and Ahn Joon-hyuk and Park Young-joon got into their car amid the respectful farewell of the rest of their company.
I drank a lot of alcohol at night, and Park Yingjun's alcohol consumption was not too high, and he was dizzy all the time after getting in the car, but he was still sober.
casually told Won Sung to go to the hotel where Park Young-joon was staying, Ahn Jun-hyuk looked at Park Young-joon who was leaning next to the window, blowing the cold breeze outside: "Brother Handsome, you are also a small net worth now, why haven't you bought a house all the time? ”
Park Young-joon is now a rich man, and every time he presides over the trading work, Ahn Joon-hyuk will set aside one-tenth of the final income as his remuneration and dividends, deducting various losses, so accumulated that he has a net worth of tens of millions of dollars.
"Alas, I don't want to do these things for the time being, but you, now that you have a career and a family, when will you marry Lin Xiujing?"
“…… Don't change the subject!"
Turning around, he smiled dryly, and Park Yingjun said as if he was drunk: "It's you who changed the topic, I know what you want to say, it's just to make me settle down." But you can't settle down on your own, so how can you say about me?"
It seems that he is indeed drunk, and he does not dare to say such words when he is sober.
Ahn Junhyuk waved his hand, too lazy to mess with him, and asked instead: "When you were eating today, I saw that your mood has not been right, are you still dissatisfied with the agreement?"
"Hmm!" Park Young-joon nodded, "I started to think that you injected YG into YG in order to absorb it into J.H in the future, but then you actually agreed to YG's preferential repurchase of shares...... Joon-hyuk, this agreement is a bit too merciful, isn't it?"
"Kindness?"
Ahn Joon-hyuk smiled, but he didn't explain much, this is the gap caused by different visions, and even if he explains, he can't explain it clearly, "There's no mercy or kindness, I didn't think about eating YG at all." ”
"Huh, what are you just doing for that Bigbang?"
"Sort of!"
"Hey, a few little kids, is it that important?"
Ahn Joon-hyuk didn't speak, but he knew that some people in the company were also confused about his strategic agreement with YG, especially a recently appointed deputy artistic director, who had always had reservations about the decision to work with YG.
However, after all, he is the president of the company, and those people do not dare to ask as bluntly as Park Yingjun, and they can only cooperate in the face of his insistence.
As for what to think privately, it is impossible to control.
Presumably at this time, those high-level executives in the company are privately slandering him for such a child's choice!
There were a lot of things he couldn't tell them.
The car was speeding away, and the light from the street lamps moved from the front to the rear, and then flew away, silently watching the changes of light and shadow, sometimes, he would feel lonely! (To be continued......