Chapter 25 Artist Contract (Collect!!) )

(PS: The new book needs everyone's support, ask for collections, ask for tickets!!) )

As Yu Yongzhen said, don't treat Li Yu as a child, Li Yu is a child from a top family. However, Li Yu sat with him here and 'chatted casually', but Li Yu's sense of maturity was more stable than the planning minister imagined.

If it were other trainees, they would probably be happy when they heard the 'signing of the artist contract', but Li Yu smiled and corrected that the 'artist contract' in the minister's mouth was just a sharing agreement, and the contract that Li Yu wanted was to first come up with a 'signing fee' that satisfied him, and the sharing was a follow-up after the signing fee was negotiated.

Listening to Li Yu's words, the minister nodded with a smile and took out a brown paper bag from his drawer and pushed it to Li Yu: "Look at it, your exclusive contract." ”

Li Yu took the paper bag of the contract and said to the minister: "There are too many professional words in the contract, I will go and show my lawyer first, and then we will discuss the details." ”

Hearing that Li Yu was going to take the contract to his lawyer before speaking, the minister looked at Li Yu suspiciously and said, "Uh... Do you have a personal lawyer in Korea? ”

Li Yu smiled brightly: "No, but I have money." ”

The simple question is, can't you find a good lawyer if you have money? After all, the artist contract is equivalent to a 'deed of sale', and Li Yu will certainly not hold his handle to the company.

As for the current trainee contract, even if it is not executed, it will be a billion won at most. If you really go that far, tear your face and go to the legal process, maybe it won't be a billion.

The minister nodded: "Well, after you confirm the contract, give it to me within a week." ”

"Well, if it's okay, I'll go down first." Li Yu took the brown paper bag in his hand and said to the minister.

He nodded in response, "Okay, you go and practice." ”

After Li Yu left, the minister shook his head in his seat and said, "No wonder the company and his contract conditions are so lenient. ”

The contract given to Li Yu by the company is quite lenient, much more lenient than the active Girls' Generation and SUJU. After all, Li Yu showed his talent before his debut, and he was the kind that attracted the attention of other companies.

Therefore, the 'artist contract' used by the company this time is like signing those mature artists who have debuted, the conditions are relatively relaxed, and there is also a signing fee, 700 million won, which is signed at the contract price of 100 million won a year.

The price is not high, but Li Yu is just a trainee. Although he is a little special, he has some fame in creation. But he is only a creator and not an artist, so the company can offer a price of 700 million won to sign the contract, and Li Yu thinks it's okay. At least 'S.M' showed his sincerity in this signing.

After Li Yu came out of the minister's office, he made a phone call to Yu Yongzhen and learned that he was in the studio upstairs, so Li Yu went to his studio.

Came to Yu Yongzhen's studio, Yu Yongzhen looked at him holding a file bag in his hand, he asked with a smile: "The contract that the company gave you?" ”

Li Yu nodded and said, "Well, I plan to consult a lawyer before signing a contract." ”

Yu Yongzhen smiled and said, "It's quite cautious." ”

Li Yu smiled and said, "You must be cautious, after all, it is something that is closely related to your future." By the way, teacher, I'm almost done with the song this time, I can finish all the arrangements tonight, and I'll send it to you tomorrow. ”

Yu Yongzhen said: "Well, you read the news, YG, a new girl group has been prepared over there, and they will debut next month." I don't know what it will be like to compare with our new girl group. ”

Hearing the news, Li Yu raised his eyebrows, because he knew very well that YG's new girl group '2NE1' in the future was compared to Girls' Generation, not F(x), and their popularity was obviously much higher than that of Song Qian.

The main reason is that YG's scenery is more 'fashion-pop', and they occupy the current fashion elements, and their achievements are definitely higher than those of F(x).

In response to Yu Yongzhen's question, Li Yu said, "YG's style is very unique, and maybe the girl group they produce is also a very unique girl group. ”

Yu Yongzhen said: "Yes, they are used to a hiphop and electronic style, which is very different from the dance music of traditional idols. But is it appropriate for the girl group to follow that style? ”

"If you really have that kind of strength, who can say it's not suitable? However, they are only competing in strength... I don't think it's enough! In the future, there will definitely be most beauties like Bae Joo-hyun. ”

Yu Yongzhen listened to Li Yu's words, and instantly laughed: "Hahaha, are you satirizing the draft style of 'YG' without looking at appearance?" ”

In 2009, everyone said that YG's draft was more about strength, and Kang Dae-sung in 'Big Stick' was the best example of this. In contrast, 'S.M' is both in appearance and strength!

Of course, Lee Woo is well aware that after '2NE1', YG has become picky about the appearance of the girl group members. But that's all for later...

Facing Yu Yongzhen's words, Li Yu just smiled. Then Yu Yongzhen said: "Have you read the contract?" ”

Li Yu said: "Well, it's not too late, let's take a look with the lawyer then, I'm going to find a better law firm in the afternoon." ”

"There are many high-end law firms around Cheongdam-dong, you can choose any one, the strength of the law firms here is good, and you just look at an artist contract, there is no need to spend a lot of time."

Li Yu nodded and responded, "Okay." Then I'll go first, I'll go to have a meal first, and then I'll go to the law office. With that, he took his contract and left the company.

After Li Yu changed his clothes downstairs, he asked Xiao Lu if he wanted to eat, but they felt that the time was too early, it was only 11:05, and if they went to eat at this time, they would be hungry early in the evening.

So Xiao Lu and the others didn't choose to eat at this time, and Xiao Lu looked at Li Yu holding the document in his hand, thinking that he had something to deal with. So he chose not to inquire and not to follow.

.......

After Li Yu had a Korean-style home-cooked meal near the company, he went to the law firm and learned that Li Yu had come to consult a lawyer about the contract, and someone soon received him, and after negotiating how much the consultation fee cost for an hour, a lawyer came to explain to Li Yu.

The lawyer looked at the contract printed with the 'S.M official seal', and then looked at Li Yu, and after reading the contract carefully, he found that there were no traps buried in the clauses, and even the liquidated damages were within a reasonable range, 5 billion won.

The company paid Li Yu a signing fee of 700 million won as the company's exclusive artist. In the future, the company is responsible for providing Li Yu with exclusive brokers and vehicles required for the event, and the company is responsible for actively publicizing and packaging Li Yu, helping him contact all business activities, and Li Yu is not allowed to cross the company to discuss any business cooperation without permission.

In the future, the company has the right of first refusal to purchase the songs created by Li Yu, and Li Yu can provide music creation for other companies, but the company needs to come forward for business contacts. The company will take 40% of the total amount of song creation fees, singing copyright fees, and music source copyright income from the sale of songs. Li Yu alone owns the copyright of the song.

This is equivalent to saying that the foreign company bought Li Yu's songs, such as the creation fee and the singing copyright, which is a one-time price given by the other party's brokerage company. And after waiting for the sound source to be put on the shelves, Li Yu, another company, another artist, after the three of them were divided, fell into the copyright of the music source that Li Yu earned, and it was also divided into the brokerage company, forty percent.

The most straightforward thing is that the company wants to eat all the income of Li Yu's external creation. If you look at it according to the standards of artists in South Korea, Li Yu's contract is very good, and the company only needs 40% of his income from the copyright of the music source.

And this is only for the part of 'external creation', if it is Li Yu's creation of 'S.M', it is still maintained, and it is divided into three families.

And Li Yu asked the lawyer to revise a clause that in the future, he would give the company's song creation and music source copyright income, and he would ask for 20%, instead of 10%. He can earn as much as 10% of the album's income, because that can't make much money in the first place. And the sound source involves 10% of the revenue, which is calculated according to '100 million'.

The income distribution on the copyright side is over, and the other is advertising revenue, and the advertiser takes the initiative to invite Li Yu, then Li Yu can get seventy percent of the advertising income, if the company contacts and recommends, four or six points, and the company is sixty percent.

In the future, Li Yu and the company will share the acting salary fifty-fifty. Because Li Yu doesn't have any fame now, he needs to be recommended by the company even to try out. Five or five points, for a trainee like Li Yu, I really have a conscience.

Moreover, during Li Yu's work, the company is responsible for providing food, and the dietary standard shall not exceed 100,000 won a day. You must know that 100,000 won a day is also a very good standard. If calculated according to one month, it is three million, which is equal to the salary of two ordinary workers.

At the end of the contract, Li Yu asked the lawyer to attach that the contract was limited to activities in South Korea. In the future, Li Yu will return to China, and S.M still wants to use fifty-fifty shares? That's impossible!

A new and revised contract was drawn up, Li Yu went home, and maybe he had to go to the company tomorrow to continue the discussion.

To be honest, Li Yu also knew that S.M had made a big concession on the contract. Other artists who have just debuted cannot be such conditions.

Of course, he must want to get the most advantage for himself in the contract, which is human nature.

After coming out of the law firm, Li Yu looked across the Ferrari showroom.

He suddenly remembered that he had to buy a 'Ferrari 458' that was going to be launched this year, and Li Yu knew that Ferrari would have to wait for half a year, or even a year, to pick up the car at the earliest. At this time, book in advance, and wait for next year to get your driver's license and you can drive.