Chapter 305. Vertical and horizontal!
Whether October 28 is an auspicious day or not, Yin Tianyou doesn't know. But he bet the news at today's press conference would shake up the entire media and entertainment industry in South Korea.
On this day, the smile on Yoon Tianwoo's face was absolutely bright, but Park Jin-young, as the president, deliberately had a serious look on his face in order to behave differently.
Standing in front of the long table, Yin Tianyou stood up and said to the surrounding media reporters: "I invited friends from the media industry today to announce a few news, I think everyone must be very interested!" ”
The audience was silent for a moment, and Yin Tianyou grinned and his white teeth lit up under the flash: "First news, I will announce in my capacity as the head of JYP's film and television department that JYP Entertainment will acquire eight movie theater lines in Seoul and Busan, and will expand the development space of film and television in the future." ”
Everyone is obviously not very interested in this news, JYP's ambitions in terms of movies are already known, but the acquisition of eight movie theaters in one go seems that the company is a bit wealthy.
Most people think so, not everyone does, and at least one of the reporters from Korean Media's Golden Age magazine realized that JYP was planning to create a super-empire that would connect all things entertainment.
"The second news is that I still announce in this capacity, JYP Entertainment bought out the TARA, a subsidiary of Xijie Entertainment, for 25 billion won! For more information, please ask our dear President Park Jin-young. Yin Tianyou smiled lightly, if this news didn't explode, he would rather write his name upside down.
The audience was in an uproar, and everyone stared at Yin Tianyou in disbelief.
Buying out the TARA girl group?
That's the second largest group in Korea after Girls' Generation!
The noisy scene can be imagined for a while.
Park Jin-young and Yoon Tian-woo glanced at each other. We all know that this will have an effect. He coughed and stood up, and the reporters were clearer in their minds. They all raised their hands to ask questions. Park Jin-young first signaled that of course it was a reporter from Korea Media, in fact, JYP Entertainment had already taken a stake in the media company. For Yin Tianyou, media opinion is also part of the entertainment industry.
"May I ask President Park, does JYP Entertainment plan to buy out the group TARA, and further expand the power of the music industry and become the largest music company beyond S-M?" This reporter's question is so outlandish that no one else can even think of it.
Yoon Tianyou and Park Jin-young were both stunned, this reporter's brain is really good enough, so quickly he thought of the future separatist forces in the Korean music industry.
Park Jin-young put a smile on his face: "South Korea is now the largest music market in Asia, and we export countless music groups every year. The main purpose of our buyout of the TARA portfolio is to expand into the Asian market, not to occupy South Korea. To put it more bluntly, the Korean music market is basically saturated, and dozens of groups are debuting every year.
"President Park, where exactly is Asia when you look at Asia?!"
"Needless to say, this is of course China, which has the fastest economic development. Is it still our good neighbor North Korea? Park Jin-young was humorous.
The crowd below couldn't help but laugh.
"I have a question to ask." This is a reporter from Asia Weekly, who always likes to compete in finance: "We all know that JYP has made quite a few acquisitions and mergers in the past few years, and the buyout of the TARA portfolio is such a big deal, presumably it can stop JYP's expansion!" ”
"I don't deny that JYP Entertainment is expanding too fast. At present, there are dozens of companies under the command of JYP Entertainment. Park Jin Young suddenly smiled lightly: "But this does not mean that JYP's strategy will change much in the future, at least in the short term!" ”
……
It is undeniable that JYP Entertainment's buyout of the TARA portfolio is quite a sensational event. On the same day, CJ Entertainment also held a press conference to announce the news to reporters. Asian and European media who are familiar with JYP are shocked that JYP is about to build its own global entertainment media system.
In the United States. Newspapers and magazines such as the Wall Street Journal have expressed considerable shock at this. In addition to this, the article involuntarily mentioned the elements that caused all this to happen quickly - Yin Tianyou.
It is his rise that makes JYP Entertainment have such an amazing development speed. It can be said that he alone held up this newly rising entertainment empire.
Yin Tianyou doesn't care about this, although he understands that his popularity is really popular now, and his influence on the outside is getting bigger and bigger, but who calls himself a star, since he is a star, he must have the consciousness of being commented on and watched. Even if there are some unpleasant words, such as usurping power, mastering JYP, setting up Park Zhenying, etc., these love to say it is up to them. In addition, JYP people really feel the changes in the company, and this is the most important thing.
In fact, JYP went out of South Korea and went to Asia, and the entire Korean entertainment industry knows it. After all, JYP has almost occupied the domestic market in South Korea, and the only thing left is to go to Asia. Anyone would have chosen it that way. It's just that some people don't seem to be willing to think about it, or don't dare to think about it.
Li Xiuman received this news on the same day, when he was in the office dealing with some work, and he was immediately stunned when he got the news.
was indeed stunned, as a predator in the Korean entertainment industry, he quickly saw through the intentions of Yoon Tianyou and Park Jinying.
Yoon and Park are not only trying to enter the Asian market, but also to grab S-M's market share in South Korea.
To put it simply, S-M Entertainment used to be the largest music company in South Korea, with two aces of Girls' Generation and TVXQ, but now, from the moment JYP bought out the group TARA, the situation in the Korean market has changed, and JYP can rely on the popularity of this group to seize more Korean share.
Even, in the Asian region. The popularity of the group TARA is no weaker than that of Girls' Generation.
What does this mean? It means that JYP is really going to be erect.
Li Xiuman carefully chewed the deep meaning behind this move, and he thought that this matter would not stop there. For Yin Tianyou's sinister and cunning young man, he already knows him well enough. If it were possible, he would be willing not to be an enemy of him from the beginning, but to take him under his banner. Even if he is like Park Jin-young, he is willing to be overturned in the end, because it will bring a bigger future to S-M.
The establishment of an empire is not done by one generation of monarchs, but often requires the condensation of the wisdom and ability of three or four generations of monarchs.
Although Li Xiuman is a tyrant, he is also a smart person, at least he knows that it is absolutely unwise to go against the rising JYP at this time.
In the face of the general trend, it is necessary to obey it. Either you sit by, don't do it. Because luck isn't on your side at this moment.
Thinking of this, Lee so-man picked up the phone, hesitated for a moment and dialed the number of JYP Entertainment, he did not call the president Park Jin-young directly, because he knew who was the real helmsman of JYP.
JYP Entertainment, Yoon Tianwoo is already waiting for Lee so-man's call in the office. If Li Xiuman can't even see this, then there is no need to mix in the entertainment industry.
The female secretary Mina didn't hesitate to answer the phone, and Yin Tianyou instructed her. Li Xiuman tried to calm his emotions. Try to make yourself as enthusiastic as possible: "Congratulations, Yin Tianyou." JYP Entertainment's buyout of the TARA group is gratifying, and as a senior in the entertainment industry, I feel that there is a reason to call to congratulate me. ”
Yin Tianyou smiled faintly. "Let's be honest, Chairman Lee is a smart man, and now JYP has a TARA group. In the future, the weight of speaking in the music world will be heavier, but what I value more is the harmony and honor of the Korean music scene! ”
"How?" Li Xiuman vaguely understood what Yin Tianyou wanted to say. But not sure. "Of course, the harmonious entertainment industry is good, but the market is so big. There was a lot of porridge and a little porridge, and you must know it. It's impossible without fighting......"
"President Li, since you say so, then I won't hide it from you." Yin Tianyou leaned back softly in his chair: "You need to make a decision in everything, otherwise you will fall behind." Nowadays, the general trend of Korean entertainment is to put aside disputes and develop the Asian market together. If we go our separate ways and attack each other, then only our opponents will benefit; On the contrary, harmony is precious, and harmony makes money, as long as our two companies are willing to move forward together, I believe that the strength of two companies is greater than one-"
Li Xiuman was silent for a long time, after all, he was a hero, of course he understood whether what Yin Tianyou said was right or wrong. In fact, the current situation in the Korean entertainment industry is obvious to all, the market is saturated, and there is no way out for famous singers, and they have to accept the pressure of newcomers to squeeze up. There is no choice but to go abroad to make profits, but it is really difficult for a company to open up foreign markets. Because foreign countries are different from domestic ones, those people only know the most well-known singers and actors in Korea, and they don't recognize anything else. In this way, you can't put Girls' Generation and TVXQ abroad all year round, and no matter how powerful S-M is, it can't do both inside and outside.
If JYP, S-M, or even YG Entertainment join forces, the three companies will be able to integrate resources more effectively, and there will be no more stupid things about automatically lowering prices in order to grab overseas markets, and there will be no more foolish things to make artists run the show. Overseas popularity has become popular, but domestic popularity has declined extremely.
Thinking of this, Li Xiuman sighed, as a businessman, the pursuit of profit is inevitable, in any respect, he Li Xiuman should join forces with Yin Tianyou, instead of continuing to fight.
At least that was certain when he dialed the call.
"So, who will dominate the music scene in the future?" Li Xiuman asked.
Obviously, Yin Tianyou knows his character very well, and he also understands Li Xiuman's ambitions, and now the only thing they still have to dispute is this, and it will be no problem to be able to untie this dead knot cooperation, and JYP's entry into Asia will be completely achieved.
So Yin Tianyou's answer was very simple, "Whoever has the ability, who will do it; But I can tell you another thing, my ambition is not in the music industry, but in the film industry! After speaking, Yin Tianyou was silent.
Li Xiuman smiled.
……
JYP Entertainment's buyout of the TARA group caused a huge sensation throughout Korea, but what made it even more sensational was that JYP Entertainment, represented by Yoon Cheon-woo and Park Jin-young, formed the "Asia Alliance" in cooperation with S-M Lee so-man and YG Entertainment President Yang for the first time. In the field of music, the three companies will combine all their resources and work together to develop the Asian market.
If the above news is a bomb, then this news is a nuclear bomb.
The entire Korean entertainment industry has been blown up, especially the Korean media has not received any words before, and it is too shameful to be a media person to suddenly suffer such a big blow.
The three companies joining forces to expand into the Asian market is the biggest event for South Korea this year, no matter how you look at it.
In response, S-M, led by Lee so-man, and YG, led by President Yang, held press conferences to explain their intentions to the media. As the leader of this incident, Park Jin-young as the representative submitted a cooperation agreement between the three major companies to the cultural department of the South Korean government.
As a result, the three major Korean music companies, which had been constantly fighting, have since shook hands and are ready to take a big step towards Asia together.
It was under such circumstances that the story of the fight between Yin Tianyou and Li Xiuman was once again excavated and fully interpreted by the media. In particular, it shows how angry and resentful the media is at being kept in the dark.
Yin Tianyou laughed at this.
Li Xiuman is not so good-natured, because he is a villain almost from beginning to end in the interpretation of these reports, and he is not above board at all. Although this is a true portrayal of him, Chairman Lee, who is not upright at all, hopes to be an upright person in the reader's impression.
For this reason, Chairman Lee sued several media outlets that wrote his gossip news to the Korean courts, demanding an apology. It was thought that this kind of intimidation would have an immediate effect. But I never thought that those people were not vegetarians, and even if they were accused, they still bit Li Xiuman. For a while, Li Xiuman's reputation once again smelled in the circle.
At this point, Li Xiuman realized what a wrong decision he had made. Those media seem to be weak, but they are all demons that cannot be provoked, as long as you offend them, they can ravage you to death with the tip of a pen.
Compared with the tragic experience of President Li Xiuman, Yin Tianyou has always been popular in the circle and has a good relationship with the media, so when Li Xiuman became a villain, he undoubtedly became a positive hero, and the reason why he cooperated with a villain like Li Xiuman was also because of "taking into account the overall situation" and "clear grievances". (To be continued.) )