Chapter 505: Happy People

"I announce that Phantom Korea Entertainment has officially become the controlling shareholder of S/M Entertainment Co., Ltd.! From now on, all matters of S/M Entertainment Co., Ltd. will be hosted by Phantom Korea Entertainment!

Phantom Korea's President Kwak will take over as President of S/M. [No pop-ups, the page is clean, just read the book. 】 ”

Press conference at the conference room of S/M Entertainment Company, No. 521, Apgujeong 2-dong, Gangnam-gu.

Kim Kyung-wook walked on the stage and said loudly in front of all the TV stations and news reporters present. Although he has deep feelings for S/M, he doesn't feel too sad at the moment. Kwak Jae-yong has promised to help him pay off his 1.1 billion embezzlements, and will pay him another 1.5 billion won.

1.5 billion! He has embezzled only 1.1 billion yuan over the years. 1.5 billion, this money is enough to buy his personality. In contrast, that little affection for the company is no longer important.

"Huh?"

"What?"

"Did I hear me right?"

"Why is S/M changing hands?"

"Phantom, isn't that Ye Luo's company?"

“...”

The media people present were confused by this news, they thought that S/M would hold a press conference to clarify the suspected manipulation of music rankings and other issues, but they never imagined that what they were waiting for was such material.

What about Lee so-man? Why hasn't it shown up yet?

Phantom? That's a foreign company!

The reporters present immediately began to discuss, this news is really shocking! I didn't expect it at all!

"President Kim, did Chairman Lee so-man agree?"

"When will Li Xiuman return to China?"

"Was the acquisition Li Xiuman's idea?"

"President Kim, it is said that you are also suspected of embezzlement of public funds, is there such a thing?"

“...”

After the discussion, it was you who asked me word by word, and I didn't even have time to announce it to Jin Jingxu.

However, compared with the reporter's astonishment, surprise, and unwillingness, there were other people who felt surprised and saw hope.

These people are none other than the artists of S/M Entertainment, such as TVXQ trainees, Super Junior trainees, Girls' Generation Lim Yoon-a, Jung so-yeon, Choi so-young, Kwon Yoo-ri and other trainees, SES group, mythical group, sugar group, Jang Nara, and Black Beat group, etc.

If nothing else, the s/m squeeze is too powerful! I'm as tired as a livestock all day, but I don't get a little return, .t combination is amazing, I don't make any money, it's just a stage scene.

SES and the mythical combination have now debuted, not to mention making money, even eating is a problem, not to mention all kinds of deductions in the company, and all kinds of rules and regulations are iron laws.

Whoever offends it will be lightly slapped.

In addition, women are harassed, and male artists can't run away.

It's just that there is no way back now, and being a trainee for so long is to one day be famous and profitable. Now I regret it, it's too late, I have paid too much, no one is willing to go away like this, not to mention the liquidated damages that I can't afford to pay.

These people are not only happy that the company has been acquired, but also that the acquirer is a phantom.

In South Korea, all entertainment companies are the same, if you change to other Korean entertainment companies, there is nothing to be happy about, just go to the jackal, come to the tiger and leopard.

Some companies are even more excessive, and it is normal for female artists to sleep with officials or other bosses.

But the Phantom is different, in the eyes of their people, the whole of South Korea and even the whole world, they can't find a better agency for the Phantom.

In terms of money alone, the Phantom people have a monthly salary, 2.5 million per month, but what about the s/m, .t group does not have such earning power, and everyone who sells a record also shares 125 won.

Selling 20,000 records can withstand the salary of a Phantom artist for a month, but only a few records can be released in a year, and how many tens of thousands can a record be sold!

It's like a ses group, many times they perform, and they even have holes in their socks, which is super pitiful.

The phantom artists are like this every month, they can't do it anymore.

This is still a famous combination, and it is even more difficult to be like a trainee.

A lot of expenses have to be taken out of their own pockets,

So different from the reporter's reaction, although Choi Siyuan, Kwon Yoo-ri, Kim Hyo-yeon, Yoo Jin, etc. were surprised, they were more of a rare surprise, and they never expected God to drop a pie and hit themselves.

One by one at the other end of the conference room, they were secretly excited, and for the first time, they felt that the words of Jin Jingxu, the devil, were so beautiful.

Of course, the person they prefer to see is Guo Zairong below, and what they expect to see more is Ye Luo, who did not come, their future star president.

"Quiet, the main thing today is that President Guo will take over as the host of S/M, and other things will be announced at another time! Next, I would like to invite President Guo to speak! ”

Jin Jingxu won't respond to reporters, it's too embarrassing to say his bullshit.

I used to think that I was proud of embezzling 1.1 billion, but now I realize that in a company like Phantom, there is no need to be corrupt at all, and making a billion is a completely trivial matter.

I regret that I didn't meet it a long time ago!

At this time, Jin Jingxu didn't miss Li Xiuman at all, and that bit of loyalty had long been corrupted by money.

"It's a pleasure to meet you on such an occasion, S/M Entertainment is an iconic company in the entertainment industry, although Phantom is a foreign company, but our chairman can't bear to see S/M fall because of this, so he invested in the acquisition!

But if one day, President Lee has the ability to come back and preside, we will transfer it too! ”

Guo Zairong straightened out his tie and walked on the stage with brisk steps and said, but this kind of statement, don't say that he doesn't believe it, and none of the reporters below appreciate it.

Can you spit out the meat you eat in your mouth?

No. 16 Xibing Reservoir, Yongsan-gu, Seoul, South Korea, Phantom Korea Branch.

"Why don't we show up?"

Looking at Guo Zairong, who spoke heroically on MBC TV and pointed out the country with emotion, Bai Meiyu was a little unwilling. In her opinion, this kind of scenery should be revealed by Ye Luo, Guo Zairong has merit, but he is just an executor.

"What's the use of asking for such vanity?"

When he first became famous, Ye Luo may not be able to resist going to the stage, to show off, to be high-profile, such as going to all the music award ceremonies. After all, he was just a dick in his previous life, and this kind of scenery moment will not be missed.

And now, having experienced too much, I have also taken it lightly and become more pragmatic. Although this kind of thing is beautiful, it also has a negative side. Guo Zairong may be nothing, but if Ye Luo is replaced, I don't know how much it will hurt the glass heart of the self-proclaimed descendant of the Korean nation.

Don't underestimate these, Koreans are very patriotic in this regard, and you can see the average as you can see if you look at the cars, home appliances, etc. they buy.

All domestic products are supported, and there is no market for Japanese cars and home appliances in South Korea.

In this mentality, although Ye Luo is an international star, he will also attract a lot of attacks. After all, he is an outsider, and it hurts people to collapse the first entertainment company that people are proud of!

It's hard to guarantee that Li Xiuman, the old fox, won't take this matter as a chapter, although it won't affect the final result, but there's no need to make a fuss.