Chapter 397: JYP at Sunset
(I feel that life is really impermanent, and people who used QQ to chat on weekends a few days ago lost contact in a blink of an eye...... It's a TM fuck. )
Give full play to their own financial advantages, and then merge and acquire some studios and economic companies that have room for development, as long as they can perfectly digest the artists and trainees within these studios and economic companies, then they will completely get rid of the current embarrassing situation.
It's just that.
Sometimes, mergers and acquisitions are not very easy, and there is a lot of risk involved.
Therefore, both Li Mingshun and Cui Zhimin are very wary of this kind of 'buy, buy, buy' move, even if they feel that the company's artists are very thin, there has been no new move until now, but they have turned their attention to the recruitment, training and digging of trainees.
And the reason why Li Mingshun is so embarrassed now is that if the company's current artists make a revenue list, it is estimated that the top three are IU, GirlsDay, and APink.
Two groups, a solo singer, between the three, Lee Myung-soon and IU get together from time to time to play music or something, and the other APink six-member group, because of Park Chulong, is in it, although it is not intimate, at least it is not strange.
Correspondingly, compared to the above group and a solo, the four people of GirlsDay can be said to be extremely unfamiliar with Li Mingshun's understanding. Since the acquisition of DreamTea, the four of them, the five of them have seen and talked to each other almost a handful.
In a society like South Korea, where there is a serious hierarchy of superiors and subordinates, when facing Li Mingshun, the direct superior, it is naturally impossible for the four of them to treat the president of their company like before.
Anyway, now the four of GirlsDay are shy and shy, and Li Mingshun himself feels quite embarrassed, after all, he is completely like a persecutor at the moment, and the forced are naturally the four people in front of him.
"Sister Huiwei, it's better for you to guide them!" It's too embarrassing, naturally it's impossible to stay here all the time, Li Mingshun decisively turned his head to the choreographer who was snickering on the side and said, "I have to go on stage early next year, and the four of us should have to attend some activities during this time, and the time is a little tight, so I'll leave the dance to you!" ”
"Inside! On behalf of NIM, rest assured! ”
"So be it! Practice your ...... well."
"Inside!"
Seeing that Li Mingshun was in a posture of a big leader of the inspection work, waving his hand and disappearing at the door, the four GirlsDay who had been stiffening their bodies seemed to have been punctured by a balloon, and they suddenly dried up and collapsed.
"Whew......"
A visibly relieved breath of relief, as a teacher who had turned from DreamTea Entertainment...... Zheng Huiwei can see Li Mingshun for much more time than the four people who have been active, plus he has been working in the company for a long time, and he has heard a lot of things about this representative under the influence of his ears and eyes, and he can't help laughing when he sees the four of GirlsDay at this moment.
"Poof...... You guys! The five of them are all old acquaintances, and Zheng Huiwei also knows the four of them very well, and said, "Actually, there is no need to be so restrained...... This Representative Li is a very kind person on weekdays, even if he is joking, as long as it is not too much, it doesn't matter! ”
As she spoke, she suddenly seemed to think of something, and said with a solemn face, "The choreography of this song is basically the same as the original song "Expectation", so some of the movements seem to be a bit excessive, and you should have experienced this yourself......"
"Be generous, be bold, just a representative of the company is present now, and that's how you go. Then it's time to officially return to the stage......"
Zheng Huihuan's words were not finished, but the meaning was self-evident, in fact, why she said this, mainly because Li Mingshun gave her a look when he left.
"Inside! Got it, Ernie! ”
People who can mix in the entertainment industry, whether they are men or women, will not be fools, and the four of them know that Zheng Huiwei is not as good as them when he says this, so they bow down and accept it decisively.
On the other hand, Li Mingshun and Cui Zhimin, who are in the office at the moment, are directly arguing about the company's artists' return plans for next year.
Now that the time is about to enter December, it is close to the end of the year, and it is also the harvest season for various entertainment companies in South Korea. Although most people's eyes are focused on various award programs, the intersection that the upper echelons of more entertainment companies are most concerned about is the company's full-year earnings statement.
Unlike the awards ceremony, this year-end earnings statement can be said to be not only limited to individual entertainment companies, but can even be said to be a report card of most companies, enterprises, factories, stores, etc.
Just like a student, a beautiful report card is more of a statistic for the average individual business, counting the profit and loss of this year, so as to plan for the next year......
For joint-stock or listed companies, this year-end performance statement can be said to be a double-edged sword.
Good results, promising development, and on the rise...... As long as these aspects can be shown in the financial statement, it can not only stabilize the confidence of internal shareholders, but also gain more investors' attention.
Take S.M, for example. This company recently posted a brilliant report card, and the old groups TVXQ, SuperJunior, Girls' Generation, SHINee, fx, etc. have made good annual earnings, among which EXO, which debuted just last year, performed extremely well......
The success of EXO, which has only been around for just over a year, not only proves S.M's star-making ability once again, but also offsets some of the negative news not long ago.
For example, the hidden dangers in EXO, the love and internal discord of Girls' Generation, etc., are the most direct manifestations of the company's stock price, which had already fallen to the bottom in October, and began to soar all the way......
The market capitalization of 660 billion won has risen by more than 20 percent in less than a month, approaching 825 billion won.
Although market capitalization does not represent much for an entertainment company, for a listed company like S.M, the rise in stock price not only stabilizes the company's shareholders, but also brings some stabilizing effects.
At least after this performance statement came out, the company, which caused some people to panic because of the company's various rumors, has completely stabilized.
And correspondingly, the other way around.
As one of the three major economic companies in the music industry, JYP's performance this year is far less impressive than that of S.M and YG, and it can even be described as bad.
According to the year-end report, JYP's sales of physical records and other records continued to decline, and the overall market share was only 1/32 of S.M Entertainment, and even the comprehensive digital music list, that is, streaming media, online downloads, background music, offline sales, wireless music sales and other data also fell to outside the top 10.
In addition, in terms of annual sales, JYP Entertainment has gradually entered a state of decadence like a sunset, and it is simply unable to compete with the two giants.
Take, for example, the revenue for the third quarter of 2013.
JYP Entertainment's revenue for the third quarter of 2013 was 2,528.80 million won (about RMB1455 million), a decrease of about 600 million won compared to 2012. During the same period, S.M Entertainment surpassed JYP Entertainment by 32 times with sales of 82,063.7 million won, and YG Entertainment with 30,345.6 million won was 12 times that of JYP Entertainment.
It can be seen that compared to the continuous upward momentum of S.M and YG, although JYP is still profitable, it cannot hide the gradual decline.
Coupled with the sudden insertion of L.M.S Entertainment this year, there have been some changes in the form of the entire Korean music industry, and what is completely different from S.M is that as soon as JYP's statement came out, the company's stock price began to decline.
Different from the three listed companies, for L.M.S Entertainment, which has just been established, whether it is Lee Myung-soon as the largest shareholder, or SK Group, both basically have too much expectation of the company's annual earnings.