Chapter 7: SL Entertainment Takes Off Officially
February 11, Chinese New Year's Eve.
Li Shenglin called Han Xue and the old man of the Han family respectively to pay New Year's greetings, and the old man of the Han family told him to be careful, but Han Xue talked for a long time. finally hung up the phone, and Li Shenglin breathed a sigh of relief.
Coming downstairs, Li Zhongzheng glanced at him: "Have you finished calling?" Li Shenglin said. That's right, Lee Seung-rin is here with Lee Chung-jeong today, no matter what, Chinese New Year's Eve is also the second most important festival in South Korea, a day to reunite with his family, Lee Seung-rin is now alone, and he will accompany Lee Chung-jeong for this year.
Li Shenglin sat down beside Li Zhongzheng, picked up his purple sand teapot and poured himself a cup of tea, and the two began to have a long talk.
"Are you going to leave this time?"
"That's not accurate, I do plan to do something in South Korea, but that doesn't mean it has nothing to do with China. ”
"Oh, have you figured out what to do?" Li Zhongzheng became interested. Exports to China are the only way for almost every South Korean company to become bigger, and he is curious about what Lee Seung-rim wants to do. Even if Lee Seung-rim wants to say that he will be the second Samsung in South Korea, he will support it.
"I want to enter the entertainment industry!" Li Shenglin's words almost didn't make Li Zhongzheng vomit blood angrily.
“…… Do you want to enter the TV station?" Li Zhongzheng was stunned for a moment, trying to make Li Shenglin's ideals a little higher.
"Cut, I want to open a brokerage company and train a few artists by myself. Just like S.M. Li Shenglin gave Li Zhongzheng a particularly disdainful look.
Well, S.M. company. Now South Korea's IDOL is also more popular, South Korea is originally a place with a big palm, and it is a joke to want to fight for product resources. can only find another way, such as the entertainment industry is also a way. Regarding Li Shenglin's ideals, Li Zhongzheng acquiesced.
"Is there anything you want me to help you?" asked Li Zhongzheng.
"Of course, I need start-up capital. And if you don't know the place in Korea, you need someone to cover it. Li Shenglin said as a matter of course.
Li Zhongzheng calmly took a sip of tea, "Regarding a little capital and connections, I am still confident." How much do you want?"
"Oh, yes, so I won't be embarrassed to speak. Let's start with a billion dollars, I'll speak again if it's not enough. Li Shenglin's face suddenly realized.
Lee Chung-jung almost died of anger, $1 billion, what the hell do you think I'm the president of South Korea? Can the president of South Korea give you $1 billion?
Seeing that Li Zhongzheng's face was a little ugly, Li Shenglin snorted: "It was a joke just now." I have 20 billion won as the upfront start-up capital. It's too little, it's just a small fight, and if the upfront funds are sufficient, I'm sure I'll catch up with S.M within fifteen years. ”
"20 billion won? It's not too difficult to do. I'll prepare it for you when the year is over. Li Zhongzheng breathed a sigh of relief and decided to fully support Li Shenglin. It just so happened that the clock struck midnight, and the conversation ended.
……
On February 18, 2002, SL Entertainment was officially established. This day was chosen to avoid the office rush after the holiday, and it happened to be an accident on the 18th.
Now SL Entertainment has a number of leather bag companies, and the whole company, from the boss to the employees, has a total of one Li Shengli. Whether in his previous life or in this life, Li Shenglin not only has never been in the entertainment industry, but has never even founded a company. If you want to establish a perfect organization, it is not possible to do it alone, and you can also rely on the personal charm of the leader in the early stage of the company, but once the company is on the right track, it needs a huge team to manage, and the most direct and suitable method for Li Shenglin at present is to acquire an old and poorly managed company.
Judging from the registered name of the company, you can feel that Li Shenglin's heart is not small, except for S.M, no company has used this name at the beginning of registration. YG Entertainment's predecessor name was only YG Family, while JYP was named the humble Taehong. It can be seen that Li Shenglin's goal was very high from the beginning.
Li Shenglin has just returned to South Korea, and he is lacking in all aspects, so he still has to ask the old man for this matter. Although Li Zhongzheng is not very optimistic about the entertainment industry, his connections in South Korea are not comparable to the poor and white Li Shenglin.
On the day of the Spring Festival, Li Shenglin revealed that he wanted to enter the entertainment industry to create his own company, and on the second day after the Spring Festival, Li Zhongzheng collected a bunch of information on small and medium-sized Korean brokerage companies for Li Shenglin. The professionalism and detail of the information is obviously not something that can be done by looking for it casually.
In this regard, Li Zhongzheng did not explain too much, and Li Shenglin did not ask any more. After reading the information given by Li Zhongzheng for a few days, Li Shenglin chose an LT brokerage company.
The president of this company is named Baek Sang-hiko, who was a director of DSP and left DSP in 98 to found his own LT brokerage company. With his own connections, Bai Xiangyan made the LT company look impressive, at least the personnel structure is very perfect, and the system of selecting and training trainees from the DSP company was brought out, so it seemed to have great potential when it was first established.
It's a pity that now it is suffering from the suppression of DSP President Li Yanhao, which has led to LT company's long-term inability to make ends meet, and many of its staff and artists have lost. If there is no little butterfly like Li Shenglin, it is estimated that it will be drowned in the long river of history in less than a year. As for now, Li Shenglin clenched his fist excitedly, this kind of company with basically perfect personnel but lack its own potential is exactly what he needs.
On February 19, 2002, SL Entertainment formally negotiated the acquisition of LT Company. The representative of LT Company is only Bai Sang-yan, and after the loss of talent, Baek Sang-yan already holds 100% of the shares of LT Company, and Baek Sang-yan alone can make full decisions. And the representatives of SL Entertainment are Lee Seung-rim and Kang Jing-mi.
Jiang Jingmei is five years old Chinese New Year's Eve today, wearing a black professional skirt, which looks very rich. A long hair tied up at the back of his head, showing a capable style. It's just that he has a pair of black-framed glasses on his face, and his serious expression reveals four words: Don't enter the living.
Li Shenglin wanted to hire an external professional company to conduct negotiations and post-acquisition review, but Li Zhongzheng seemed to know his thoughts, and directly sent Jiang Jingmei as Li Shenglin's assistant to help him with a series of things such as forming the company. Li Shenglin really needed such an assistant, so he gladly accepted.
After learning about Jiang Jingmei, Li Shenglin was taken aback. This woman dropped out of college after only two years of college and came out to work, and successively worked in sales, finance, etc., and served as the middle management of the company. As for Li Shenglin asking her about her original company, she said a name that Li Shenglin had not heard of.
Although Li Shenglin doesn't know much about Korean companies, he believes that the company Jiang Jingmei is talking about must not be too well-known, whether it is in the industry or outside the industry. He suspected that Jiang Jingmei was, and everything on her file looked like a fake. When asked, Jiang Jingmei kept silent, and Li Shenglin had no way at all.
A series of small and medium-sized companies in South Korea about Lee Chung-jung's gift to Lee Seung-jung were collected by Kang Jing-mi, and it seems that he is a very capable person. The old man seemed to trust her by sending her to help him.
Li Shenglin wanted to get something out of her mouth that the old man didn't know behind her back, but unfortunately Jiang Jingmei spoke respectfully to her boss but didn't leak a drop, and every time she opened the topic, Li Shenglin was depressed.
There is no difficulty in negotiating the acquisition, LT has no back-office and poor management, and if it is not acquired, it will go out of business. As the boss, Li Shenglin came forward to negotiate with Bai Xiangyan about the company's equity acquisition and future development after the merger, and Kang Jingmei was the one who did things after the negotiation.
Everything went smoothly, and Lee Seung-rim and Baek Sang-yan signed their names on the acquisition contract, respectively, and LT no longer existed. Bai Xiangyan didn't have any additional requirements, but he was a little reluctant.
The past few years have been unsatisfactory, making him look like he is sixty-eight years old, and his hair has turned more than half white, but he doesn't even have the heart to dye it, which shows how unsatisfactory he has been in these years. When he learned that Baek Sang-yan was Lee Young-ho's old rival, Lee Seung-rim didn't want him to leave so easily.
Li Shenglin talked with Bai Xiangyan for half an hour when Jiang Jingmei went out to review the finances and personnel, and Bai Xiangyan finally temporarily dissipated his heart to leave the entertainment industry, at least after listening to Li Shenglin's words, he was willing to work hard for a few more years.
When Bai Xiangyan announced that the company had changed hands, and Li Shenglin was the new boss, the employees under him were all surprised, but there was not much discussion. Jiang Jingmei whispered to Li Shenglin, and Li Shenglin understood what was going on.
Most of the capable middle and senior management of the entire LT company have been looking for new places in the past few years. This is also understandable, everyone has to eat to support their families, and they all want to live a better life when they have the opportunity, and no one has the heart to keep a company that has not developed for a long time.
Some of those who remain now are old friends of Bai Xiangyan, who are not young, not the age to work hard for their careers. Some of the young management is also newly promoted, Jiang Jingmei didn't say it, but Li Shenglin also knew it in his heart, and this part of the people probably thought about it in their hearts.
Most of the rest of the staff are just ordinary employees, and they work the same everywhere, and for these young people, they are probably only accumulating experience here, and in a few years, LT will lose patience with the dull company if it doesn't go out of business. Li Shenglin's arrival is undoubtedly a boost in their hearts.
After announcing Li Shenglin as the new boss, Li Shenglin gave a short speech, in which he expressed his vision for the company's future. Li Shenglin knew that it was not of much use, and the vitality of the company had to be changed slowly in the future, so Li Shenglin simply talked about it.
The rest is a strict financial audit, all of which is handled by Jiang Jingmei, Li Shenglin doesn't need to worry too much, he just needs to be a good boss, and the people at the bottom will do it. Otherwise, the boss will do all the work, what will the people below do?
Jiang Jingmei didn't know where to directly pull a team, she personally led it, and the finances of LT Company were simple. As for some minor problems, Li Shengli directly waved his hand to reveal them. It is expected that the work of three or four days will be completed in half a day, and the financial team found by Jiang Jingmei went directly for most of the time, leaving only three or four people to receive the company's personnel together with Jiang Jingmei.
On the 22nd, after the complete review and handover of LT Company, Lee Shengli appointed Baek Sang-yan and Kang Jing-mi as executive directors of SL Entertainment, Kang Jing-mi in charge of finance and personnel, and Baek Sang-yan in charge of the cultivation and discovery of the company's artists.
Speaking of artist training and professional training of agents, I have to mention a person from LT company. Lin Jinghua, female, 50 years old this year. Like Baek Sang-yan, she is the head of the agent of the DSP company, and maybe she is still the eldest sister of Lee Hyo-ri's agent Ji Jong-hwa. When she followed Baek Sang-yan to leave the DSP company, she still has no intention of leaving, so Li Shenglin is extremely suspicious that she and Baek Sang-yan have JQ.
LT Company merged with SL Entertainment under the new company name SL Entertainment, and the company invested 20 billion won, and LT Company became history. The top leader of the new company is Lee Seung-rim, and Lin Jinghua is only responsible for cultivating agents and providing direction for the development of artists, and does not participate in the company's decision-making, and Baek Sang-yan and Kang Jing-mi are responsible for internal and external affairs of the company.