Chapter 460 Negotiation (I)

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The waiter finished serving the food and turned to leave, while the few people sitting in the room also ate a little bit and cushioned their stomachs. Only then did Li Xiuman open his mouth and bring into today's topic, "Sika, you and Li Yuhao I work together on a side hustle." You should have revealed it to the company in advance, you have made the company very passive like this, and I can't explain it to the shareholders. ”

Li Xiuman is indeed a treacherous and cunning man, and he put his hand on Sika's body. You must know that Sika still belongs to their S.M artist, and her personal portrait rights are still in the hands of the company. Again, S.M is not opposed to Sika starting his own side business, if it is a small fight, even if Sika and his family open a café in Seoul or something, the company can accept it.

But Sika opened a chain store, a clothing chain store. Moreover, the investment is estimated to be hundreds of billions of won, and the specific amount of investment is not yet accurate. This is a big deal, and Sika is saddled with the name of 'Girls' Generation'. Girls' Generation, on the other hand, is a product of S.M., and they have an indisputable ownership.

Sika opened a store, even if she used her real name, but, from anyone's point of view, she represents 'Girls' Generation'. You must know that 'Girls' Generation has a strong influence and appeal in Asia. They can imagine that Li Yuhao invested a lot of money into it, so that Sika's stores would 'bloom everywhere' throughout Asia, and when Sika took the name of 'Girls' Generation, the income brought was immeasurable, so of course S.M couldn't sit still.

However, Li Xiuman is also very smart. He started with Sika still being S.M., which made Sika lose a section morally. Sika's side hustle really didn't squeak to anyone, except for their teammates, who didn't even know about their agents. If it weren't for Lee Soon-gyu telling Lee so-man about this. Then when Li Xiuman found out, it was estimated that it was also time to open.

At that time, it was already a boat, and if S.M wanted to join in at that time, maybe it would be to get a piece of the pie, so he would really have to break his wrist with Lee Woo-ho and CJ Entertainment.

When Sika heard Li Xiuman's words, she responded with a little embarrassment, "Teacher, doing a side hustle about fashion is something I've always longed for." Since we successfully stood at the peak of the girl group, the side hustle is what I have always thought about. I also tried to shoot TV dramas in the past. But the effect" Sika said with a bitter smile, she realized that she was not suitable to be an actress after participating in the TV series.

Sika continued, "Actually, I didn't think about doing much of a side hustle at first. At best, I wanted to open a small store in a place like Boulevard, where I designed all the fashion and accessories. I was a designer myself, and my mother helped me look after the store. However, when Chairman Lee Woo-ho told me to invest, I made my dream bigger. During this time, I have to run a lot of procedures related to the company. I have a lot of work and surveys every day, so when I am busy, I forget to say a word to the company for a while. Teacher, representative, sorry. ”

Li Xiuman sighed deeply, "Ouch Sika, if you open a small shop, I." And the company, we will never have any opinion. After all, you have paid so many years of youth for the company, and the company still has this human strength. But this time, Chairman Lee's investment in you is too big, too big to be more than we can tolerate. As you know, S.M is now a listed company, and the company has about 10 large and small shareholders. Even if I can tolerate you to start a side business, but everyone can't understand it on the board of directors, after all, you are still an artist in our company, and you still have the name of Girls' Generation on your head. ”

Sika really didn't know how to answer Li Xiuman's words at this time, and she cast a pleading glance at Li Yuhao. It is true that she is the name of Girls' Generation, and this name does not need to be guessed to bring her a lot of benefits

After Li Yuhao saw Sika's gaze, he took a piece of salmon and put it on Sika's plate, "Don't you like to eat sashimi? Although there is a big difference compared to the tuna we caught ourselves, it is generally not bad." "And Li Yuhao gave Sika food, which meant that she was allowed to 'rest', and the rest was left to him and Li Xiuman to discuss.

Li Yuhao didn't have the heart to bend like this with Li Xiuman, he said that he couldn't get an idea for a long time. I didn't come today to talk about feelings, and he, Li Xiuman, asked Li Yuhao for a share on behalf of S.M. However, the specific sharing plan still needs to be discussed slowly.

"Director Li, we don't have to talk so much here. It's true that Sika is your S.M's artist, but she didn't sign a 'deed of sale'. So we don't talk about any feelings in a roundabout way, we have emotions only after you can get something equal to something in your career. Tell me, what do you have in mind, as long as you don't be as whimsical as you were last time. ”

Li Xiuman and the others saw Li Yuhao and said everything directly, and there was no need for them to sit here and talk with Li Yuhao, they also went directly to the topic. At this time, Kim Yingmin said, "All the shareholders of S.M have unanimously decided that we do not participate in any operation, nor do we have any voting rights of the company, we only need 20% of the total profit." ”

"Hehehe, okay, but the premise is that you S.M invests 100 billion won, and I can give you 20% of the profit. ”

"President Lee, you know it's impossible, Sika bears the name of Girls' Generation"

Before Kim Young-min's words were finished, Lee Woo-ho interrupted him first, "Wait a minute, how much does it cost to endorse Girls' Generation for two years?What I need is the entire Girls' Generation, if I'm not mistaken, it's 1 billion, right? Okay, now I only need Sika to be the chief designer of my clothing brand and also the fashion director, and I will buy her design headquarters, right? Even if Sika is a member of your Girls' Generation, it is impossible for your company to say that Sika is not allowed to design clothes, right?" Two years before the opening of the apparel I invited you Girls' Generation to be the face of the product. Is that all right?"

Li Yuhao put aside Sika and wanted to set up his own clothing company. However, Li Yuhao only relied on JES private A as the chief designer of the clothing brand, Li Yuhao wanted to make Sika a part-time person of the clothing brand? As long as she doesn't interfere with their girlhood, then S.M doesn't have any right to stop Sika from working part-time or having a side hustle. As for how much Li Yuhao wants to pay Sika, that is his final say.

Therefore, even if S.M holds what Sika's brokerage contract contains, there is no way to stop the cooperation between Li Yuhao and Sika. It's just that Li Yuhao has changed his way to put aside S.M, so that even from a legal point of view, S.M has no chance of winning.

Li Xiuman didn't expect Li Yuhao to use such a way directly if he didn't agree with him, he was too irritable, talking about business was done slowly, not in a moody way. Li Xiuman pushed his direct glasses and said softly, "Chairman Li, you can do this."

"Oh? Do you still know that you have 'passed'? Could it be that what you just brought up was 'not passed'? Although we are talking about business, you s.m give me the feeling that you are not 'talking' but making trouble. If we want to talk, let's be serious, don't try to come over. If you're not willing to shell out money, don't want to take the risk of your business, and you're going to give us a Girls' Generation name, then 1% of the total profit is about the same amount that I can accept. ”

Kim Young-min heard the number that Lee Woo-ho said, his eyes widened and he looked at him, his expression was as if he had heard a big joke: "1%? Chairman Lee, our company's bottom line is one percent, and there is nothing to talk about if there is one less achievement." ”

"In that case, there is no need to proceed. Today's lunch is considered to be my invitation to the two of you, then" Li Yuhao proposed his farewell here, and he felt that there was no need to talk about it. S.M is too whimsical, and using a name from Girls' Generation is like exchanging a percentage of earnings, which is too much.

In 16 years, Sika's store has developed, and there are 100 branches in China/China and even Asia, so Li Yuhao's profit in a year is not too much, 100 million US dollars, so S.M understands that he has drawn 10 million US dollars for no reason? Li Yuhao has invested a lot of early start-up capital to open a store, Sika is busy running, and S.M is equivalent to saying that Sika is allowed to do publicity in the name of Girls' Generation, and just this will charge 10 million US dollars for naming rights? Jes private a is Hollywood's jes private a.alba alba?

Therefore, Li Yuhao felt that there was nothing to talk about. I can't talk about it today, so I'll continue to talk when they figure it out. However, I have already given my own price in my heart, 1%, anyway, I will talk about it in the left and right range of this number. Today is to let Li Xiuman know his heart, and let him go back to discuss the rest with the shareholders.

Li Yuhao said again at this time, "As far as I know, the market value of your company is about 1 billion US dollars now, but in 15 years, it is estimated that the market value of your S.M will fall to about 7-800 million US dollars." You have time for me to ink here, why don't you go back and care about your exo, and send you a message, Wu Yifan plans to terminate the contract!"

(To be continued.) )