Chapter 103: Impact
(Thanks to Yoo Sung-min for the tip, continue to update.)
Rao is Choi Jung-won's wise and shrewd mind, and he would not have thought of what kind of impact he would have on the Korean entertainment industry with his impromptu involvement.
Let's start with the dispute between the H.O.T trio and S.M.
Historically, in the Korean entertainment industry, artists have been in a position of being oppressed and exploited. Due to the fierce competition in this market and the inherent tradition of honoring and inferiority in Korean society, it can be said that there is no room for resistance when facing the agency.
Although this grievance dispute has caused H.O.T fans and Korean society to crusade against S.M Company, it is as if this company has become a street rat for a while. But in fact, all people with brains know that this alone will not have any impact on this overlord company at all.
The scandal of the S.M family that broke the news from the outside world is not one or two things, and there are many influences that are even worse than that of H.O.T this time. But so what, S.M has not been growing rapidly, and it is vaguely beginning to show signs of being the leading boss in the Korean entertainment industry.
According to past experience, the three of Tony will definitely not please this time. Not only will the lawsuit not be won, but it may be blocked to death by S.M Company, and there will be no chance to mix in the entertainment industry in the future. So, these people, with fear of chaos in the world and pity for the three of them, waited to see the tragic fate of the three Tony.
But the result gave everyone a big counterattack, and after a month-long repeated tug-of-war, Tony and the three actually won the zuihou victory by an overwhelming margin. Not only did the three of them escape from the cage smoothly this time, but they also gave their old club a blow by the way, and the S.M company was defeated.
Seeing the helpless performance of S.M, everyone couldn't turn around. Is this still the entertainment industry in South Korea?
When will those bitter artists be so domineering to the agency? Is the entertainment industry about to change?
People outside the circle look at flowers in the fog, and they don't know why; The companies in the circle are in a state of uproar, and they have changed their previous domineering style towards their artists. Although he doesn't hold the artist in his hand like a treasure, at least he knows that he will discuss anything with them. Instead of doing what you are told to do, you must do as you have in the past, and there is not even the slightest room for rebuttal.
In the original history, this dark environment lasted until after 2009, when Han Geng's successful termination of the contract and the dissolution of TVXQ were the starting point. Even strong companies such as S.M Company and Li Xiuman planted a big heel in that turmoil.
Li Xiuman almost collapsed because of this incident, but you can imagine how big the impact of this incident was at that time. Since then, S.M has learned the hard way and finally changed its previous practice of brutally exploiting its artists. This change has also made the company more humane and has some charm of a cultural communication company.
In short, this incident has more or less improved the situation of those artists at the bottom, and it can be regarded as a good deed.
You need to know that every year, I don't know how many people are forced by the secret Shili in the entertainment industry, and they have no choice but to do something against their will or morality. Coupled with the too cramped living environment in South Korea, the survival pressure of artists is infinitely magnified, otherwise there would not be so many suicides.
The H.O.T incident has shown artists that those agencies that originally seemed to them to be like giants are not as powerful as they imagined. With this psychological foundation, it will increase their confidence in dialogue with the company they belong to.
Quietly, the Korean entertainment industry slowly began to become more rational and humanistic. Among them, the most personal feelings are those artists. As long as you dare to speak out about your needs, the company will always consider your opinion, which makes them feel the dignity of being human for the first time.
Of course, in this materialistic circle, it is completely impossible for artists to do what they want according to their own ideas.
There is also a bottom line for the concession of the brokerage company, once these artists are not conscious and step on the cordon, they will still be suppressed and persecuted. This is something that cannot be changed, even Cui Zhengyuan will not allow his artists to do whatever they want. Indiscriminate good people can't live long in the entertainment industry, and bodhisattva hearts and thunderbolt methods are indispensable.
Another sensational thing is that C.J Group sued First Sugar Group to get back its own shares in DreamWorks.
As a Korean, there is no one who does not know what CheilJedang is all about. As a super chaebol in South Korea that can be counted in the palm of his hand, how much influence it has on a small country of this size is almost ubiquitous. After all, people are indispensable for food, clothing, housing and transportation, and CheilJedang is the largest food company in South Korea. It can be said that this company is in charge of the belly of all Koreans.
But today, someone forcibly tore off a piece of flesh from this behemoth, not to mention, and wanted to draw blood for an inch.
However, although the Choi family is low-key, it is also a well-known family in South Korea. If the lawsuit between H.O.T and S.M belongs to ants shaking the tree, then this is the real battle between the dragons and tigers.
The counterattack of the little people is certainly in line with the spirit of entertainment, but the battle of the opponent is more exciting.
Sure enough, C.J Group and First Sugar fought a lawsuit for more than a month over the shares of DreamWorks.
A total of 217 lawyers were deployed to appeal from the Seoul District Court to the Supreme Court of South Korea. From South Korea to the United States, wherever there is a connection, the two sides will have to fight.
I have to admit that the First Sugar Group, headed by Lee Jae-hyun, is indeed strong. Even if the C.J Group had obtained the agreement for the spin-off at that time, it would have been difficult for Zuihou to win. The lawsuit was protracted and wasted a lot of manpower and material resources on both sides. In order to have even the slightest chance of winning, you need to rack your brains to plan.
A month later, just when both sides were exhausted and unable to continue, a foreign army suddenly came out.
This shili is strong and significant, and C.J Group finally took ownership of the remaining shares of DreamWorks with the support of this liliang.
The only reason for the failure of First Sugar is DreamWorks itself. After all, it belongs to DreamWorks' equity, so who will control this part of the interests, and the DreamWorks leadership led by Spielberg has a decisive say.
Choi Jung-won understood this truth early on, so he took advantage of the time when C.J and CheilJedang had a quarrel. Secretly, Kim Young-min, who was in the United States, contacted Spielberg and explained the stakes to him.
Able to start a heavyweight film company as a director and have a place in Hollywood, Spielberg definitely has a brilliant mind.
After listening to Kim Yingmin's analysis, combined with the actual situation, he should naturally know how to choose.
Although the Spielberg trio are the leaders of DreamWorks, unlike the outside world's imagination, First Sugar is not just a shareholder in this company.
When DreamWorks was founded, Spielberg and others didn't have enough money to start the project, and other Hollywood companies were afraid of his name and obstructed it in many ways, so that DreamWorks was almost stillborn.
Zuihou also came forward and provided a lot of money for the establishment of DreamWorks. Therefore, First Sugar has a great say in this company. It is no exaggeration to say that the words and deeds of First Sugar can have a huge impact on DreamWorks.
In such a situation, Spielberg had to consider the reality that the current First Sugar is completely different from before the split.
Until then, CheilJedang was a comprehensive group that included media and entertainment. But now, this part has been spun off from it to form a separate business.
Although the strength of this enterprise has been greatly reduced after the spin-off, it has become more professional because it has no distractions from other operations.
And now First Sugar has become a completely profit-making enterprise based on traditional projects, and it can be said that it has nothing in common with the film company DreamWorks. If it still holds a stake in DreamWorks, it is likely that the layman will interfere with the insider. This situation is undoubtedly what Spielberg does not want to see.
In DreamWorks' mind, it doesn't really matter who owns this part of the equity. But it would be more desirable to have a collaborator with whom you can communicate. With this in mind, Spielberg and others will certainly tip the scales more in favor of the C.J Group.
But these foreigners are not stupid, and this reason alone is not enough for them to jump out willingly to support the Cui family.
Fortunately, Cui Zhengyuan also expected this situation, and first planted a subconscious seed in DreamWorks' heart. And then take out a big killing weapon, which is definitely the final word.
What does DreamWorks do? Everyone on earth knows that this is a company that shoots movies. So what will interest them the most, of course, is the only movie. What does Choi Jung-won have? There was a much more advanced movie script in his mind.
So just when Spielberg and others were wavering, a classic movie script was on their desks. When the three giants of DreamWorks read this script, they immediately issued a statement in support of C.J Group's appeal.
With the powerful sound of DreamWorks itself, C.J Group was suddenly powerful.
After consulting with DreamWorks, the Supreme Court of South Korea issued a final judgment that the 10% stake in DreamWorks held by CheilJedang must be unconditionally transferred to C.J. Group.