Yin Xian's contract renewal is as complicated as any business war for Loen.

First of all, the company didn't know if it was going to offer to renew the contract.

Although they don't seem to have a better option. When the contract is about to expire, if you, as the party with priority, take the initiative to give up this advantage, it will become a shame for the industry to say it, right?

But now Yoon Hyun is still working on his last album, what if they offer a contract extension at this juncture, what if Yoon Hyun doesn't agree?

The album has been available for pre-order since the day it was announced, and the total number of pre-orders on the official website has exceeded 200,000. If it was because he couldn't hold his breath that it affected Yin Xian's interest in making albums......

Although loen loses money, people can't afford to lose it......

Secondly, how to negotiate the renewal conditions?

You must know that there are only two reliable artists in Loen now, Yin Xian and IU. And both of them signed four-year contracts, if the conditions for Yin Xian's contract renewal this year are too generous, when IU renews the contract next year...... It may not even be necessary to renew the contract next year, and this year the IU will propose to the company to change the terms of the contract......

And IU's album is currently in full swing! If this makes her start to be passive and slack off...... Even if IU doesn't do anything within a year and survives the contract period, after the contract expires next year, she will only be an adult female singer who has just turned 20 years old. With her relationship with Yoon Hyun and those seniors in the music industry...... She's completely exhausted!

But if the terms given to Yin Xian are not rich enough, then if Yin Xian does not renew the contract...... Ahem...... See Article 1...... What's even more terrifying is that if Yin Xian leaves LØEN, the company really has no confidence in leaving IU...... According to the agent Kim so-yeon, as long as Yoon Hyun takes care of the rice. Can IU follow Yin Hyun without salary......

Finally, how many years is the new contract duration?

Three-year, four-year contracts and the like definitely don't want to fall into this pit.

With Yin Xian's current state, it is not a problem to be popular for ten years. Even if he doesn't produce any works after this album, relying on these two minis and three official albums is enough for him to eat for a lifetime.

Not to mention the songs that have now been sold out of his hands, but he still retains the right to sing. Not to mention far away, the album of BOA, which is currently dominating the Billboard storm and has changed a few songs to dominate the charts for nearly four months, Yoon Hyun retains a lot of power.

But if the contract is long, will Yin Hyun accept it?

So. The current Loen company is simply a mess.

But no matter how entangled you are, you still have to do what you need to do!

It has been more than three years since Loen considered renewing his contract with Yin Xian. If you drag it out any longer, the daylily will be cold!

Therefore, Yin Xian, who was busy doing post-production in the recording studio, received an invitation from the company's president to come to his office to talk.

"President Zheng, what's the matter?" Although Yin Xian also comes to the company from time to time. But I rarely deal with the president of the company, and count the number of times the two have met and talked. I can count them on one hand......

"It's about Yoon Hyun-xi's contract...... President Zheng gritted his teeth and decided to tell the truth straight.

"Contract? Can I help you? Yin Xian was stunned for a moment.

“…… Yin Xianxi: Your contract with the company is about to expire in April this year. "President Zheng has a black line.

"Expiration ......" Yin Xian then remembered that he had signed a four-year contract, but it didn't expire this year! If you don't say it, I really forgot about it. ”

"So, the board of directors of the head office authorized me to talk to you about the new contract......" President Jung decided to ignore Yoon Hyun's simple forgetting about the contract.

"Oh. What kind of new contract does the company plan to give me? Yin Xian suddenly became very interested.

"Here is the first draft of a contract that the company has drawn up for you. Of course, only the first draft. We can continue to talk about anything. President Zheng took out a stack of papers from a drawer. But the words were very polite.

Yin Xian took the contract sample and flipped it up.

It's just two minutes. Yin Xian finished reading it.

"The contract is too long." Yin Xian said directly: "I will definitely not agree to this kind of thing in ten years." ”

"Then Yin Xianxi, how long have you been accepting?" President Zheng looked calm. At this point, he was ready for a long time.

"Four years." Yin Xian said indifferently.

"Five years." President Zheng is like an aunt in the vegetable market.

"It's not impossible to ...... in five years," Yin Xian said, "Then the company gave me the shares, and the equity value may have to be adjusted a little." ”

President Zheng nodded.

The biggest part of the contract is to give Yin Xian a 3% stake in Loen. This is really just a symbolic reference. BOA's equity in S.M is more than that, not to mention that Yin Xian's importance to LONE is far from being comparable to the former!

"What is the largest share of equity that the company can give me?" Yin Xian asked directly, "I think we'd better talk about it directly." ”

“10%。” President Zheng directly confessed. To be honest, he wasn't happy with the share. Otherwise, he wouldn't have bothered with it a long time ago.

"Less." Yoon Hyun also told the truth that although it claims to be the largest distribution company in South Korea and has the largest online music download website in South Korea, there are not many properties that are really listed in the name of Loen, most of which are directly under the parent company SK of South Korea's real Big Mac, but Loen has direct jurisdiction.

Therefore, 10% equity is not worth much.

President Zheng could only be silent.

"Actually, I didn't let Loen do a lot of things for me." Yin Xian said suddenly.

It's hard to hear.

But President Zheng still nodded.

Because it's the truth.

Yin Xian is a huge cash cow for Loen, but the company has basically not fertilized the tree.

In addition to the company arranging a recording studio with relatively advanced equipment for him, the agent and stylist are shared with IU, and the nanny car is also mainly used to pick up IU, and even the work is basically negotiated and determined by Yin Xian himself.

Jin Xiuyan, the agent who arranged for Yin Xian before, no matter who it is, even thinks that Yin Xian is a classic IU like a god, but I just don't know why, these two people have always had a discordant aura, from the earliest time Yin Xian has expressed to the company the intention of changing agents, but for the sake of company management, it dragged on, and after the Baeksang incident, the two of them were completely incompatible.

To say that the contract renewal negotiations with Yin Xian have become so passive now, his agent lady is to blame.

When IU made an album last year, Kim so-yeon even simply threw all of Yoon-hyun's economic affairs back to the company, if it weren't for IU's insistence that Kim so-yeon be her agent, it is estimated that Loen would have been able to fire her in a fit of anger at that time......

Since then, Yoon Hyun, who has been in a mournful posture, has taken back all his bargaining rights over economic contracts, and Loen has completely lost his authority to manage Yoon Hyun's economic contracts.

Although Kim so-yeon was probably no match for IU's coquettishness and pleading, and went back to work as an assistant to Yoon Hyun, the biggest gap between Yoon Hyun and Loen Company was drawn like this.

Now the company's biggest help to Yin Xian can only be regarded as the platform and album distribution channels.

But these things are the source of the company's profits, not to mention Yin Xian, who is a singer of other companies, can also be used through negotiations and contracts. You take it out and bargain with others, and you feel that you don't have enough confidence.

You know, as the largest distribution company in the whole of Korea, there are countless other companies and artists who use Guò distribution contracts to take advantage of this channel of Loen.

"Or else. I signed a contract with Loen, not an exclusive economy contract. Yin Xian thought for a while and said, "All my music works are still in accordance with the terms of the previous contract to carry out the relevant operations and shares, and the operation of my album and electronic part is still fully entrusted to the operation of the company, and the film and television and other things I need the company to do for me, according to the terms of this contract for related operations, I don't need the company to help me operate, it has nothing to do with the company." I will take back the copyright and all the proceeds of my work. As for my personal brokerage activities outside, I'll handle it myself. I can give me a symbolic part of the company's equity. What do you think? ”

President Zheng was stunned for a moment when he heard this. (My novel "Korean Entertainment: Otaku Artist" will have more fresh content on the official WeChat platform, and there will also be a 100% lottery gift for everyone!) Open WeChat now, click on the "+" sign in the upper right corner to "add friends", search for the official account "qdread" and follow, hurry up! (To be continued)