Chapter 1187: Despicable and Insidious You
In '09, I returned to South Korea and signed a contract with SM before I did my military service. β
While Yin Zhi was looking through the stack of documents in his hand in surprise, Han Yu, who was sitting cross-legged on the side, was also patiently explaining for her.
"As you know, Girls' Generation had a lot of people in the group who were very important to me, and I didn't want to put their freedom in the hands of a bunch of guys I didn't feel comfortable with. So, there are these agreements that you see now. β
Yin Zhi raised his eyelids and glanced at Han Yu casually, "It turns out that you used the 90 million here?"
"Actually, it's 90 million a year. β
Han Yu's appearance when he said this made people grit their teeth with hatred.
"Until last year, I was paying SM $90 million basically every year to keep the contract legally valid. Although SM terminated the agreement for a time in 11 or 12 years, the contract continued to be executed because I took the initiative to come to the door again. After all, 90 million unearned extra money every year is not something that anyone can refuse. β
Yin Zhipi looked at Han Yu with a smile, and burst out from between his teeth: "I don't care after that, but do you know how important the 90 million at that time in 09 was to us?!"
"Of course, I know that LJ was in the early stages of its development when it needed the most capital injection. β
Han Yu nodded indifferently, and then changed his words again, "But when two things conflict, you have to choose one of them that is more important." Do you think in my eyes, is LJ important, or Yuna and them important?"
Han Yu's words made Yin Zhi a little silent.
After being silent for a while, she glared at the man in front of her angrily, and spit out the evaluation in her mouth: "Perverted sister control!"
"Whatever you say, at that time, I was really sorry for you when I used such a large amount of money, and I have nothing to say. Han Yu looked indifferent, "But this was originally a loss-making deal, but now it seems that I made it." β
Yin Zhi frowned, picked up the thick stack of documents on the floor, and shook it at Han Yu, "I read these documents roughly just now, it's true that you have ownership of the Girls' Generation group, but this ownership is time-effective, if SM doesn't agree to renew the contract with you, this contract will be invalid from now on." And more importantly, there's no rule on this, and you have ownership of the name 'Girls' Generation'. β
"That's because the contract you want to see isn't in the papers. Han Yu suddenly laughed.
In Yoon's puzzled gaze, he turned around and reached for the purple safe in the dark compartment that had not yet been opened, the one marked with the name "Taeyeon".
In the same way, after the four numbers "0309" were entered in turn, Han Yu also easily opened the door of the purple safe.
Yin Zhi in the back couldn't help but look at it, and she was stunned when she saw it.
is very different from Lim Yoona's safe, and the situation in Kim Tae-yeon's safe can be called deserted.
Compared to the huge space in the cabinet, the contents of the safe are pitifully stored, except for a stack of things in the middle layer.
Looking at it from Yin Zhi's point of view, it should be a few photos and several documents.
"That's what you're going to show me?"
Not interested in looking at the photos taken by Kim Taeyeon at different times, Yoon couldn't wait to take the documents that Han Woo handed him.
She flipped through the top copies in a row, and found that the content was almost the same as the documents in Lin Yuna's cabinet, which were the original brokerage contracts signed by Kim Taeyeon and SM over the years, but just when she was about to open her mouth to ask Han Yu questions, she flipped to the contract at the bottom, and in an instant, her eyes were attracted.
"ThisβThis is ......"
After looking at it for a few seconds, the expression on Yin Zhi's face gradually turned into surprise, even surprise.
She hurriedly looked through the contracts in front of her, and finally looked up at Han Yu with a somewhat incredulous expression, and asked, "What's going on?"
The contract she was holding at this time was actually not a big deal, and it could be seen from the date of signing that this should be the first contract for the transfer of ownership signed between Han Yu and SM.
The problem is that as a strong woman who has also been honed in the shopping mall for a long time, Yin Zhi couldn't help but feel his heart beat after repeatedly studying the regulations on this contract!
Nothing else, the biggest problem is the most important and overlooked regulation of the contract.
This regulation stipulates that SM agrees to transfer the rights of Party A in all contracts signed between the company and the nine members of Girls' Generation to Han Yu. As for the brokerage income that Han Yu promised to SM, there are other regulations below that are stated separately.
At first glance, Yin Zhi always felt that something was wrong.
Later, when I thought about it carefully, a fact that she ignored suddenly popped up in my mind!
You know, this contract was signed when Girls' Generation had just debuted, that is, the content stipulated in the contract included the Girls' Generation combination contract!
The agency contract of group idols is also divided into individual and group, this is because when the artist always has a separate activity, the distribution of income cannot be completely implemented according to the content of the group contract. Regardless of which group it is, the content of the contract signed with the company before the initial debut must also include the ownership of the group's brand name.
SM signed this contract with Han Woo, which means that SM also transferred the combination contract when he first debuted when he was young to Han Woo!
Yin Zhi just looked back at the contracts renewed by SM and Han Yu later, and as expected, he found that in the contracts signed later, the contract signed by SM and Han Yu was still the transfer of all Party A's rights.
Even the contract signed between Girls' Generation and SM Company has a time effect, and after the brokerage contract expires, all the rights of Party A held by SM will also become invalid, so SM is not afraid that Han Yu will hold the combination of Girls' Generation in the palm of his hand once and for all.
But the problem now is...... In the first combo contract signed by SM and the nine members of Girls' Generation, some of the rules are permanent!
For example, about the right to use the name "Girls' Generation".
"There's a saying, shoot early. β
Han Yu grinned slightly at Yin Zhi, who was full of surprise, and said softly, "You don't know what a big 'chicken rib' Girlhood was for SM back then. SM was in decline in the girl group field at that time, and was eager to regain its prestige, so you can imagine how angry SM people were in their hearts after the 'Black Ocean' happened. They're starting to get impatient. I want to continue fighting, but I'm afraid that Girls' Generation will make them lose more than they lose like Heavenly Zhixi. You know what? If it weren't for my halfway infusion, Girls' Generation might not even have the song "Gee" that came after. β
"But that doesn't mean they really signed such a contract with you so easily, right?" Yin Zhi still felt incredible, "You know, once they sign this contract, it is equivalent to completely handing over the Girls' Generation group to you." What is the binding effect of the brokerage contract, as long as you have the name 'Girls' Generation' in hand, you can form another 'Girls' Generation' anytime and anywhere!"
"The appearance of a big burden always inevitably makes people impetuous. My performance convinced them that I was just a young rich man with a strange hobby, and they didn't think it was necessary for me to step into the muddy waters of the entertainment industry with my financial resources, so they naturally let their guard down. The most important thing isβ"
The smile on the corner of Han Yu's mouth became more and more gentle, and he said to Yin Zhi as if he was harmless: "When I signed the contract at that time, I made a little noise and distracted everyone's attention, so when Li Xiuman signed this contract, he didn't take the above regulations seriously at all. β
After saying this, he realized that Yin Zhi was still frowning and staring at him.
"That's it, how do I feel, there's something else in this?"
Han Yu calmly stared at her.
ββ¦β¦ All right. β
Han Yu, who was defeated, spread his hands: "Actually, I was wrong just now, I spent more than 90 million in 09, to be precise, it should be a little more than 90 million." The extra little ...... I gave it to the members of SM's legal team as a bonus. β
Yin Zhi couldn't help but take a breath, as soon as she raised her hand, she didn't know which direction she was pointing outside, so she asked, "How many of your people are in that SM legal team of our company in the past few days?"
"It's hard to say. Han Yu shook his head honestly, "I talked to that lawyer on the phone back then, and I never contacted him again. But judging by SM's reaction, his deeds shouldn't have been revealed over the years, maybe I can talk to him again in two days. β
Yin Zhi looked at Han Yu with an extremely complicated expression.
After a long time, she said quietly, "It's really like it." β
"What?"
"Your despicable and sinister appearance is exactly the same as when you kidnapped me as your assistant in San Francisco!"
Hearing this, Han Yu was not angry, but said seriously: "You know, I will never do a loss-making business. Since SM wants to take advantage of me, they should be prepared to do something. β
"The name 'Girls' Generation' alone is enough for us to get our capital back!"
Yin Zhi shook the stack of documents in his hand, and said in a crying and laughing tone: "The most glorious name in the history of Korean entertainment, as an entertainment company that has successfully poached the most successful girl group in history, LEON Entertainment is really going to be famous now." Next, we only need to pay a small amount of liquidated damages. β
"If my memory can be recovered sooner," Han Yu obviously regretted, "I can act before those girls sign a new brokerage contract with SM." In this case, we don't even have to pay liquidated damages. β
Yin Zhi pursed his red lips and looked at him directly, "You tell me honestly, you have planned all this a long time ago, right? You planned a long time ago that you would enter the Korean entertainment industry in the future?"