Chapter 50: Super Contracts
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The contract that Li Haoyan prepared for Jin Yufan, why did Jin Yufan sigh so much, if nothing else, because this contract is so good, good enough to cause huge shock and turmoil in the entire Korean music scene and even the entertainment industry.
It is no exaggeration to say that if the content of this contract is known to the outside world, then what awaits Jin Yufan and Li Haoyan, and even the DSP brokerage company, is definitely the boycott and suppression of the entire entertainment industry.
A contract that is enough to make any artist in the entire Korean entertainment industry yearn for it, enough to make artists under other brokerage companies have the idea of wanting to change a better contract, not to be the same as Jin Yufan of DSP agency, but at least it can't be too bad, how to say that it's just a newcomer, a newcomer has such a good contract, why can't I have such a contract.
Such a result is destined to make other brokerage companies absolutely anxious when they are faced with their own artists' requests to increase their contract benefits, and even have to increase some of their artists' treatment.
If this is done, it will undoubtedly be a huge loss for the brokerage company itself, so the DSP brokerage company that leads to this kind of result and the fuse of the incident will naturally suffer from the hatred and resistance of all brokerage companies.
Since you have made me lose so much, then don't think about it, even your artists, and resolutely resist and suppress the artists of your DSP agency anywhere and on any occasion, there is no doubt about it.
Similarly, Jin Yufan, as a party, is naturally definitely not happy. Other agencies will remind some of their artists about the treatment, and that is only the treatment of those artists with status, popularity and influence.
Compared with those third-rate artists, the brokerage company will not pay attention to it at all, you dare to shout for higher treatment, and directly refrigerate and suppress, anyway, for the brokerage company, you are just a third-rate artist, suppress it, refrigerate it, it's not a big deal. Anyway, the company doesn't expect you to make any money for the company, and you can't make it, so why not just take this opportunity and directly suppress you completely, let you launch the entertainment industry, and save resources to cultivate new talents, why not.
The final result is naturally that a large group of third-rate artists were killed by their own brokerage companies, but after these people were killed, how could they not have resentment and dare not target the behemoth of the brokerage company, but it is still okay to target Jin Yufan.
In the entertainment industry, who doesn't have a few friends, after they arrive, they say hello and call out the mentality of hating the rich, those friends of third-rate artists, even some third-rate artists who have vision and do not ask to improve their own treatment, will also look at Jin Yufan's level unpleasantly, and target Jin Yufan in all aspects.
Anyway, if Li Haoyan's contract with Jin Yufan is passed out, then Jin Yufan will definitely not be able to mix in the Korean entertainment industry in the future, and the artists under the DSP agency will also be suppressed by other agencies and artists, and the DSP agency will not be able to resist, and it is very likely to decline, or even go out of business.
There is no way, at that time, everyone knows that the DSP agency has offended the forces of the entire entertainment industry, and there is no head in the DSP agency exhibition, so who is willing to come to the DSP agency as a trainee and debut as an artist.
Without a steady stream of trainees and artists, DSP brokerage companies have naturally lost fresh blood, and naturally cannot be stocked in the entertainment industry, and it is only a matter of time before they go bankrupt.
Jin Yufan couldn't help but take a deep breath, picked up the contract again, and looked at it carefully.
At least one year of rest every year, of course, this rest time is definitely not counted during the busiest time for artists at the end of the year, which also means that Jin Yufan's rest time of this month can only be at other times, and at the end of the year, it is absolutely not allowed to rest. But considering Jin Yufan's special situation, on the day of the Spring Festival, Jin Yufan can rest for half a day and spend the Spring Festival with his grandmother.
Every year, at least half a year is guaranteed for Jin Yufan to go to Taiwan and China to exhibit to ensure Yufan's popularity in Chinese-speaking areas. Of course, it is not absolutely half a year, and both sides of South Korea and the Chinese-speaking region decide according to the situation at that time, whether Kim Yufan spends more time in the Chinese-speaking area or in South Korea.
In terms of song creation, the copyright fee is completely owned by Jin Yufan himself, and in terms of interests, Jin Yufan can get all of it, and the DSP agency does not account for a penny.
If Kim Yu-beom doesn't need the songs, then he can be sold to a DSP agency first, and the agency can buy them at the highest price in the market.
Of course, the songs written by Jin Yufan himself can also be sold to others in private, without having to sell them completely to a DSP agency, or even give them to others for free.
In terms of advertising and album income, the income ratio of Jin Yufan and DSP agency is 1:9, (because you are a trainee, the company also has to pay you a salary, teachers, clothing, etc., which are all money, and the first year is to pay off debts, and it is normal to be less) Three years later, it is 2:8. If Jin Yufan can continue to sign with the DSP brokerage company after the contract ends, then the income ratio will be adjusted to 3:7, and if Jin Yufan decides to stay with the DSP brokerage company for life, then the income ratio will rise to 5:5.
In terms of movies and TV series, it is 3:7 in South Korea, 4:6 after the contract renewal, and 5:5 in the lifetime of the DSP agency. For movies and dramas outside of Korea, the revenue ratio is 5:5, 6:4 after contract renewal, and 7:3 for life. Of course, this is also the reason why when Jin Yufan is overseas, part of his income will also be taken by the overseas brokerage company, so that the income ratio is so high.
Of course, this is not absolute, in terms of movies and TV series, there is also a detailed list of income of value. For example, if Jin Yufan participates in a movie or TV series, he can get an income of 1 million yuan, then the income ratio of the two parties is 3:7.
If Jin Yufan's worth exceeds 3 million yuan, then the income is 4:6, after the contract is renewed, it is 5:5, and for life, it is 6:4. After being worth more than five million, then the ratio is 5:5, after the contract is renewed, it is 6:4, and for life, it is 7:3.
If the value is more than 10 million yuan, then it will become 6:4, 7:3 after the contract renewal, and 9:1 for life.
In terms of concert income, considering that the concert is mainly due to the artist's own popularity and influence, the income ratio given by Li Haoyan in the end is 5:5, which is not much, but it is not too little. After all, Jin Yufan gets five layers of net income, and the five layers that the DSP agency gets, including the cost of the concert, such as renting venues, lighting, clothing, staff, etc.
Of course, when the concert is held, there are all kinds of small commodities and souvenirs related to the singer, and the income ratio in this regard is 1:9, and Jin Yufan can get this layer, which can be said to be because of his face, which is a copyright fee.
But then again, compared with other incomes, holding a concert is definitely a huge income for singers, and concerts are definitely the most profitable means for singers as the Korean music industry says. Amount~~~ Originally, the album sales were also very profitable, but considering the squeezing and blood-sucking process of the Korean brokerage company, this kind of talk obviously doesn't make sense in the Korean music scene.
Jin Yufan carefully looked at a few places where he ended up, and now in terms of income, there is really nothing to say. This contract can be said to be a first-class contract, which is far stronger than the contract offered by Universal Music Taiwan.
Especially in some small details, they are very careful, and it can even be said that they are accommodating to Jin Yufan, what can Jin Yufan be dissatisfied with, and what is dissatisfied.
This contract is simply a level contract, good, it's really good, it's not true, I can't help but make Jin Yufan raise his head and look at Li Haoyan with a puzzled expression: "Why, why did the company, or the president, give me such a level contract?"