Chapter 41: The President's Questions (Part I)

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This is South Korea's Seoul City Gangnam Apgujeong 2-dong No. 521, although there is no snow in Seoul in February, but it is still cold in spring, cloudy, almost all the pedestrians on the street are tightly wrapped in down jackets, only some teenagers and girls wear thin clothes full of youth, guarding the door not far away, and do not hurt to travel, there will be a little noise when someone goes in and out, but after seeing the person who is not what he wants to see, he returns to silence, and his little face is frozen red.

Some of them may be children with star dreams, some are fans of TVXQ, of course, maybe it's anti, I have to say that S.M's star-making strength is so strong, even if it is just a few months after its debut, TVXQ has such a high popularity.

Today is An Yuxi and Shin Sung-ho agreed to come to S.M to sign a contract, although Ahn Woo-seo signed Shin Sung-ho's entertainer contract, but Shin Sung-ho felt that it was still necessary to be formal in order to take care of Lee so-man's face, and only after the board of directors proposed his intention to An Woo-seo sent an invitation letter.

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"Cheng Hao, why are you so optimistic about a newcomer, although he won the first place in the music bank and popular songs once." Li Xiuman sat on the main seat and looked at Shen Chenghao, a partner and investor who was ten years younger than himself and created a zào from scratch with him, and is now S.M.

When Shin Sung-ho suddenly appeared and found himself to invest and join the S.M project, Lee so-man was a little suspicious of his motives, although he was a little famous at the beginning, but how could Shin Sung-ho, who had returned from overseas, take a fancy to his own company, with his funds and strength, he could open his own company.

At that time, Lee so-man returned from studying in the United States and was ambitious to change the Korean music industry and build a music empire like Warner. One has an idea, the other has money, and the two hit it off, because the conditions offered by Shin Sung-ho completely moved him, and promised to fully support him to develop the company, and at the same time, the two signed a contract to decide that Lee so-man would be the president of S.M and hold 51% of the shares.

You must know how difficult it is for the founder to maintain absolute control in the process of financing, the equity held by the founder is constantly compressed, and the power is lost, just like Jobs, the founder is not a few who are kicked out of the company, usually many companies create value after financing and then are sold off, and investors earn the difference in the middle, Li Xiuman of course also has this concern.

In 1994, S.M. Entertainment was established with a stake of 2ooo won invested by Shin Sung-ho and 5ooo won by Lee so-man and S.M Planning, and in 1995, S.M Planning was officially incorporated and became S.M Entertainment.

I have to say that Lee so-man is really a very ambitious, visionary and capable person, and the birth of S.M company and the appearance of Lee so-man have also become very important events in the Korean entertainment industry.

Lee so-man referred to the star system and the characteristics of the performing arts industry in the United States and Japan, and transformed the original performing arts industry into a scientific system with industrial characteristics, forming his own star manufacturing system and cultural industry system, scientifically cultivating singers, and finally forming a Korean-style star training system. It truly allows the entertainment company to tap artist resources, educate and train artists, and enable artists to embark on the road of stardom, and also makes the entertainment company the core axis of the star manufacturing system.

In the mid-9o's, the group H.O.T was launched to cater to the needs and hobbies of teenagers, and their success was inseparable from Lee so-man. After detailed market research, focusing on the interests of teenagers, the singers were selected to form a group, and then the zuò records were made, which were all successful works of Li Xiuman. Since then, s.m has cultivated many stars such as S.E.S., BOA, Shinhwa, TVXQ, etc.

S.M has expanded its influence not only in Korea itself, but also in China and Japan. The overseas expansion of BOA and h.o.T has intensified the Korean Wave. Lee so-man and S.M.'s thorough preparations for overseas expansion and multi-faceted marketing strategy made them a great success in Asia, and Hallyu became the focus of discussion for a time. In addition, in view of the instability and risk of the performing arts industry, in order to make the company more stable and stable, S.M Company was successfully listed on the NASDAQ, so that the performing arts industry can continue to stabilize the exhibition. Therefore, S.M became Korea's first entertainment and culture joint-stock company, a well-deserved flagship entertainment company, and Lee so-man is even more respected as the "godfather of Korean music", so it is not an exaggeration to evaluate Lee so-man and S.M.

In the following years, the investors behind Shen Chenghao did not show any ambition to seize power, and Shen Chenghao also showed his excellent work ability and management ability, and has always supported Li Xiuman's work, so that Li Xiuman devoted himself to the promising work of star-making, of course, this made Li Xiuman feel a little uneasy, but Shen Chenghao really did not have any ambition to threaten Li Xiuman, so he didn't treat Shen Chenghao as a thief.

To tell the truth, the two have struggled together for so many years, experienced the glory of h.o.t., s.e.s., and mythology, and the downturn of F1yToThesky, Shenfei, m.I.L.k, and B1anet, and the two collaborators also have a very deep relationship.

Li Xiuman sent someone to check the bottom of Shen Chenghao, and also asked Shen Chenghao secretly, but he only knew that Shen Chenghao was the president of a shopping mall, and there was nothing else, after all, Li Xiuman was not so powerful to extend his hand to the United States, and it was not a wise move to offend a partner with a good cooperative relationship, and Shen Chenghao's explanation was just to inherit an overseas inheritance and then return to China for exhibition, and he was more optimistic about Li Xiuman's investment. The two old foxes tacitly did not delve into this problem.

Shin Sung-ho basically won't oppose Li Xiuman's decision in the decision-making of company affairs, but there are some differences in his attitude towards artists, but it's just a small section for a superior like Lee Xiuman, after all, he also needs a certain compromise to get Shin Sung-ho's support, and everyone won't take the friendship he says to heart.

Now the only enemy for Li Xiuman is Kim Yingmin, if it weren't for the fact that he took refuge in the United States at that time, so that Kim Yingmin was ready to move, and small actions were frequent, although the power is still in his own hands, but he still needs to maintain a better relationship with Shin Sung-ho, shopping malls are like battlefields, there is no emotion to talk about, Li Xiuman has always been a strong person, and he will not let others control his own destiny.

Asking Shen Chenghao in this way is not to doubt Shen Chenghao's vision or ability, but just to be curious, after all, Shen Chenghao has not only shown his ability in company management over the years, but also has the ambition to enter the film and television industry, and founded S.M Film and Television Company, which is subordinate to the S.M performing arts department, which is controlled by S.M 1o%, Li Xiuman 1o%, Shen Chenghao 8o%, and Shen Chenghao is in charge. Shin Sung-ho is the head of the Performing Arts Department, although the Performing Arts Department is still in the exhibition, and there are only a few actors.

Why is it that you suddenly attach so much importance to a little-known little artist now? For an entertainment giant like Li Xiuman, now An Yuxi is just the first place in a music bank, although his singing skills have been raised to the height of "national", even if he has potential, but who knows what will happen next? After all, it's just an artist from a small brokerage company, and this brokerage company hasn't heard of it yet, you must know that the singer's ability often represents the strength of the brokerage company. Of course, S.M won't mind accepting artists from other companies, just like Ayumi of Sugar in the future, after all, the essence of a brokerage company is to make money, who would think that making more money?

Could it be that Shin Sung-ho also has any ambitions? Li Xiu looked at the gentle collaborator with a blank face.