Chapter 653: Concerns
To be able to build Huayi Brothers into China's No. 1 entertainment company and become the first company to go public, the Wang Brothers' vision is definitely sharp and long-term.
China has a deep cultural heritage, and the local entertainment forces and forces are very strong. But if you can't stand China, it's really a big place, even if there are many artists and celebrities now, but it still can't fill such a big market in China.
Not to mention anything else, with such a large population in China, especially the special provincial capital system, there is a very big gap in the entertainment gap for the director. It is no exaggeration to say that the demand for entertainment in any province in China is not smaller than that of South Korea, or even larger. Similarly, any province in China, unless it is a sparsely populated provincial capital, basically has a greater demand for entertainment and culture, and even a market than South Korea.
The number of people and provinces in China is destined to require more entertainment culture and industries to meet the needs of more people for entertainment.
In this case, China's entertainment market has always been semi-open to the outside world. The reason is simple, that is, the Chinese market is too big, so big that local Chinese artists and agencies simply cannot fill this gap, how can it hinder and prevent the entry of other countries' cultures.
What's more, China is originally a process of fraternity, compatibility, and integration. Look at how many years China has been going on since ancient times, and how many ethnic minorities and cultures have not been integrated by China into their own melting.
Therefore, for foreign culture, China's native culture will not care at all, nor will it hinder and resist. To put it bluntly, everyone is concentrating on their own careers and territory, and they don't have the heart to care about the impact of foreign culture on themselves.
What's more, the Chinese market is so big, and there is also space and territory development for foreign cultures, which will not harm their own interests at all, so why stop it. Concentrating on your own development and doing your own thing well is the king.
In the past, because of China's special national conditions, outsiders were afraid and afraid of the Chinese market, and did not dare to enter it. But as times have changed, China has now become more open. The willingness to accept foreign things has also made more and more foreign companies regard China, the future first market, as a place to compete.
Similarly, it was also at this time that Hallyu culture finally stopped satisfying the small domestic market of South Korea, and began to work hard to take the first step in Korea under the operation of the Ministry of Sports, Culture and Tourism, and with the support of major brokerage companies.
Almost at this time, the Korean Wave completely swept the whole of Southeast Asia. This naturally includes China. In China, because there is a huge gap in the country and countless ordinary people's demand for culture, the Hallyu culture has instantly entered China, which has had a great impact on China and made many young people begin to like the Korean Wave.
However, this Hallyu was achieved by the Ministry of Sports, Culture and Tourism of South Korea under the promotion of the government. But for major brokerage companies, the most is to make a name for themselves and let more people in China know about Korean artists. I learned about my own artists, and I became well-known and popular. It also facilitates the difficulty of artists entering the Chinese market in the future.
But in general, there is not much substantial benefit for the major Korean brokerage companies. Because its artists did not come to China for activities and development after all, this naturally will not have any income.
This also makes the increasingly fierce competition in Japan, the first overseas market, and the exclusion of Japan's local forces, the increasingly difficult major Korean brokerage companies and artists can't help but set their sights on the huge market of China. In particular, China still has a large enough market vacancy that is unimaginably large, tempting major Korean agencies and their artists all the time.
Although, for a number of reasons, make the Korean brokerage company for the Chinese market. There are still some scruples, but the Japanese market is becoming more and more difficult to mix, and under the temptation of China's huge market, South Korea's powerful brokerage companies are still cautiously out of their first part in China.
And this so-called first part, is like S? In this way, M Brokerage Company established an office in China and began to slowly recruit suitable trainees for the Korean headquarters.
Of course, as long as it is in line with the fact that in the face of such a large market in China, the so-called office now will definitely expand to Chinese subsidiaries in the future.
The Wang brothers had a very vicious vision, and instantly saw that Korean brokerage companies and artists must go out of South Korea and enter overseas markets. Coupled with the current situation in Japan, it is not surprising that China will definitely become the first market for South Korea to expand overseas, which is almost the same as Japan ten years ago.
The Chinese market is large enough, so in the face of the invasion of Hallyu culture, there is naturally no need to resist and suppress.
As the leader of China and the brokerage company, Huayi Brothers can't stay out of this matter, plus the Wang brothers are especially simple people, compared to staying out of the matter, the Wang brothers hope to work together with Korean brokerage companies to achieve a win-win situation and earn more benefits as the first goal, so they will take advantage of this "Sino-Korean Song Meeting" to let people meet Jin Yufan.
The reason why the Wan brothers chose Jin Yufan and MC Company was actually the final choice made after detailed investigation and understanding.
To say that at the beginning, the first choice of the Wang brothers was, of course, S? Company M. Although the current MC company has quickly become a top brokerage company in the Korean entertainment industry under the leadership of Kim Yu-beom and Hong Seung-sung, it has unlimited potential.
But after all, time is too fast, outsiders don't know that Jin Yufan has enough funds and strength in all aspects, and the development speed of MC company is fast, but it is absolutely very stable.
Therefore, the Wang brothers' first and more S? M Company, which is still nominally the No. 1 brokerage company in the Korean music industry, is also the most profound brokerage company.
But soon, after the investigation was over, the Wang brothers could only sigh and shake their heads. The idea of cooperation between Company M was dispelled.
It's just a pity, S? Company M's first choice in overseas markets will always be Japan. Because of the S? In order to open up the Japanese market for its own artists, Company M has spent many years, and it has spent too much energy and cost.
Now, finally, I finally opened up the Japanese market a little bit, so that S? Company M gave up the Japanese market, which it had managed to open with great difficulty, and invested its resources and energy in China, the first overseas market, and was still uncertain whether it would succeed. S? Company M would certainly not agree.
Don't look at it now because of the disintegration of TVXQ, Ai Hui Records has sold off and holds S? All shares of M, but after all, the two sides have cooperated for so many years, S? The artists under Company M are all under the name of Ai Hui Records in Japan.
Calculate carefully, now S? The relationship between Company M and Ai Hui Records is no different from before, and the reason for doing more is because Ai Hui Records has no S? M. This, in turn, has a negative impact on the S? It's better for Company M. After all, Ai Hui Records, the second shareholder, will still let S? Company M is very jealous.
Now, Ai Hui Records has no S? The shares of Company M, the two sides have changed from the beginning of mutual shareholding cooperation to the current win-win cooperation, the relationship will be closer in turn, and the cooperation will be more tacit and pleasant.
As for DSPs, I'm sorry, but the DSPs of today aren't ten years ago. With Crystal Boy and Fin.K.L and S? M is a DSP that does not fall behind. The current DSP is already in decline, and the only one that can get hold of it is SS501, and there is even a trick in the film and television industry that can sign contracts with other brokerage companies.
Nima, in this case, the Wang brothers will choose to cooperate with DSP unless they have brain problems. In the future, if the DSP is asked to come to China for development with SS501, which is the only one that can handle it, but the actor agency of the SS501 member does not agree, then what will the DSP do at that time? What should Huayi Brothers do.
As for JYP, it's not a good choice. But the problem is that JYP's Park Jin-young has a high vision, and even the Japanese market is just following the main force of the Korean Wave to make soy sauce, and the real concern is the American market.
Well, for Park Zhenrong's vision and goals, the Wang brothers are convinced, and they don't dare to be extravagant.
As for the subsidiaries of CJ Group. Although there are a lot, if all these subsidiaries are integrated into a brokerage company, it will definitely be strong, potential and competitive, but there is no integration.
Without the integration of these subsidiaries, to be honest, the background is too poor. There are no competitive artists under it, and there is no need to cooperate with what to do.
In the end, the Wang brothers set their sights on MC Company, which has just been created, but has a very strong feeling, and (the headquarters) also has countless excellent and competitive artists, which also represents unlimited potential.
What's more, MC company has Jin Yufan, a person who was able to dominate the Chinese music scene back then, just for Jin Yufan alone, it is worth choosing to work with MC company.
Therefore, this time, the Wang brothers personally met with Jin Yufan and talked to Jin Yufan about the cooperation between MC and Huayi Brothers when MC entered China in the future.
In fact, if there was a choice, the Wang brothers really didn't want to choose to cooperate with MC. There is no way, who makes the MC company rich, having money is actually confidence, which will make Huayi Brothers suffer a lot in the negotiations on the cooperation between the two sides.
After all, the MC company has money and has enough money, then the situation is completely different. Originally, the biggest weapon that could be taken out was the temptation of interests, but thinking that your MC company is rich, you are not tempted by any interests at all, which will also make the Wang brothers unable to use it.
I don't know how rich MC is, but it's certain that there is money, and if you look at the MC headquarters, which has become a landmark building in Seoul, you can imagine how rich MC is financially.
It's a pity that the Wang brothers are very helpless that in the final choice, only the MC company is the most suitable partner, and they have to make an appointment with Jin Yufan this time.
After being silent for a long time, in the expectation of the Wang brothers, Jin Yufan finally reacted and asked slowly: "I don't object to this, but the question is, if it is cooperation between the two of us, what kind of cooperation is what I and even the entire MC company are most concerned about." ”
Waving his hand to stop Wang Zhonglei who wanted to say something, Jin Yufan said with a smile: "Needless to say, the other conditions and benefits, I fully believe in the strength and sufficient network resources of Huayi Brothers, and I also believe that Huayi Brothers can truly treat MC's artists fairly and justly, and also have the absolute strength to allow MC's artists to enter the Chinese market." Now, our problem is not in other areas, but to put it more bluntly, the key issue is in our cooperation. In terms of benefit distribution, I don't know what Chairman Wang and President Wang think. ”
Wang Zhongjun and Wang Zhonglei were stunned for a moment, as if they didn't expect Jin Yufan to be so direct, and they asked the most critical issue, which is also the most sensitive issue that both sides must fight.
But the two are used to seeing strong winds and waves. reacted quickly, the two brothers glanced at each other, and then Wang Zhonglei spoke: "This point, because we only planned to meet with President Jin before, we simply made a verbal confirmation at this time, and we didn't take it into account, or we were completely ready. As for the distribution of interests, we Huayi Brothers can give a 7:3 interest tier. ”
This is still Wang Zhonglei felt Jin Yufan's murderous aura just now, and he had to retreat. Otherwise, according to the previous idea of the Wang brothers, the MC company will be distributed at most 8:2 benefits. As for who is 8 and who is 2, the situation is naturally clear at a glance.
Seeing Jin Yufan couldn't help frowning, it was obvious that he was not slow about the distribution of benefits, Wang Zhonglei explained with a smile: "President Jin, you must know that our Huayi brothers are already very interesting and very sincere. I really want to cooperate with your company. 7:3 is really a lot, you must know that it is someone else. I guess we'll only give 8:2 at most. ”
At this time, Wang Zhongjun, who was sitting silently on the side, also spoke: "Chairman Jin, you should know that as long as you choose to cooperate with our Huayi Brothers, with our Huayi Brothers' influence and status in the Chinese entertainment industry, as well as contacts and resources. It will definitely be greatly convenient and speed up the speed and pace of your company's artists entering China. At the same time, because of the existence of our Huayi Brothers, as long as it is not a special circumstance, it is basically in China. Everyone will look at the face of our Huayi Brothers, and they will not embarrass your company's artists. ”
"If you want to go to other countries to open up new markets, isn't the most worrying thing about being unfamiliar with the place and being suppressed and resisted by the domestic entertainment forces of the target country? In this regard, as long as we cooperate with Huayi Brothers, this qiē will not happen, and our Huayi Brothers will settle it. At the same time, the artists under the MC company always need resources to enter China, and in terms of resources, we Huayi Brothers also have enough resources, but the problem is that there are many resources, and we Huayi Brothers also need to pay a price. Therefore, the distribution of benefits at 7:3 is absolutely reasonable. ”
Jin Yufan nodded and said: "I think Chairman Wang and President Wang have misunderstood, the reason why I am silent is not because I am dissatisfied with such a distribution of interests, but because I am thinking about other things, which is also something I must consider." ”
Jin Yufan really has no dissatisfaction with the distribution of benefits given by the Wang brothers, after all, the 7:3 benefit distribution, coupled with the status and influence of the Wang brothers Huayi brothers in the Chinese entertainment industry, it is already very good to be able to give such conditions, and even Jin Yufan is very satisfied.
You must know that in Jin Yufan's previous speculation, it is estimated that Huayi Brothers is only willing to give two layers of benefits at most, and they will eat the benefits of eight layers alone. Even so, Jin Yufan is actually not very dissatisfied.
After all, the Chinese market is too big, there are too many opportunities to make money, as long as MC's artists gain a foothold in China, there is absolutely no need to worry if they want to make money, as long as they have popularity and influence, maybe the money they make will easily come down in a week, and they will earn more than the income of South Korea in a year's hard work.
The reason why Jin Yufan hesitated and had concerns was that he was worried that the artists under the MC company would be firmly controlled by Huayi Brothers, become puppets without any thought and freedom, and become a money-making opportunity in the hands of Huayi Brothers.
Although the more money Huayi Brothers makes, the more income MC will also receive. But Jin Yufan really doesn't care about this income, as the so-called rich is capricious, Jin Yufan is such a person, and now Jin Yufan's terrifying assets have long made Jin Yufan go through a primitive businessman mentality that puts interests first.
Now Jin Yufan attaches more importance to his own dreams and self-idealization. And Jin Yufan's idealization is to create a harmonious and competitive brokerage company, so that artists can get greater freedom while developing, and the people in the company are friends rather than colleagues, and there will be no distinction between superiors and subordinates.
So far, the Korean MC company has achieved this with the efforts of Kim Woo-beom and Hong Seung-sung. MC's artists have become the envy of all artists in the Korean entertainment industry.
Therefore, Jin Yufan doesn't want to let the artists under his own company become the money-making opportunities of the Wang brothers and Huayi brothers because he signed this contract with the Wang brothers, although he has made a lot of money, but it is too hard, too tired, too unfree and too puppet, and the price paid is too great, at least in Jin Yufan's eyes, it seems too big, so big that Jin Yufan can't accept it, and he is not willing to accept it at all.
In Jin Yufan's view, he is willing to sacrifice more profits and income, but also to find a comfortable and free development space and atmosphere for himself and the company's artists, which is the best.
Now Jin Yufan is really not bad for money, and the reason why he still created MC is mainly to fulfill his dreams, or to say that he wants the people around him to live well, very free and happy.
Therefore, the existence of MC company is no longer a career for Jin Yufan, but an ideal. (To be continued......)