booktalesy Chapter 455 Buying FX Portfolio
Chapter 455 Buying FX Portfolio
Chapter 455 Buying FX Portfolio
A compromise was made on the peninsula side.
NEW also made a compromise.
Just now at the press conference, Jessica Jung was actually able to answer quite a few questions from the reporters present.
For example, the rescue situation at the scene, when the rescue team will arrive, etc.
But as a compromise, Jessica Jung could only pretend that she knew nothing.
But in fact, she knew very well what was going on.
Krystal Jung knows this very well.
Lin Xiangyu and Jin Yuze were also very clear about it.
In this matter, the peninsula is definitely at fault.
But, this kind of thing must not be said now.
You may not even have the chance to say it in the future.
After knowing this, Jessica Jung would really rather not know the details.
She suddenly regretted why she came to NEW company to find out about things.
According to Lin Xiangyu, he had never intended to tell me this.
But I had to come to NEW, so I told her by the way.
Of course, Krystal Jung knew why her sister was like this.
Krystal Jung also felt very uncomfortable, but for now she could only comfort her sister.
"Ouni, don't think too much. These people are not doing their job well, and they will definitely be punished."
Krystal is the younger sister, but she is the one who always comforts Jessica.
Jessica Jung has been sad.
Just as Krystal Jung said a few words to comfort Jessica Jung, Jessica Jung's phone rang.
It was Lin Xiangyu calling.
Lin Xiangyu came specially to comfort Zheng Xiuyan.
Even if he were to talk about this kind of thing, he would still feel uncomfortable.
But no way.
After the video was exposed, in order to maximize the benefits, Jessica Jung had to come forward.
Now the entire peninsula, not just the entire peninsula, almost everyone who pays attention to this matter has seen the video of Jessica Jung.
Jessica Jung’s words in the video are really touching.
Especially when she said that she would be responsible for anything that happened.
It was because of this sentence that Lin Xiangyu asked Zheng Xiuyan to give a speech at this press conference.
Jessica Jung did indeed do this well.
At the press conference, the higher-ups did not reveal the true situation.
This indeed made Lin Xiangyu look at Zheng Xiuyan with a new respect.
To do great things, you must be patient.
At the end of the phone call, Lin Xiangyu specifically asked Jessica Jung and Krystal Jung not to tell anyone else the details.
Especially Han Hyo Joo.
Han Hyo Joo is different from them.
They grew up in America and have American nationality.
The sense of identification with the peninsula is not that strong.
Han Hyo-joo is a native of the peninsula.
If Han Hyo Joo knew the details of this matter, she would definitely feel uncomfortable.
Han Hyo Joo is pregnant, and Lin Xiangyu doesn't want Han Hyo Joo to know these bad things.
Jessica Jung and Krystal Jung also agreed.
The Sewol incident is getting worse.
The appearance of this video of Jessica Jung did attract the attention of most people.
After all, she is a member of Girls' Generation.
The result of the discussion between Bandao and Lin Xiangyu was that Lin Xiangyu would not make any comment on the Sewol ferry incident, and Bandao would cooperate to help explain that NEW Company did not affect the rescue and would only need to pay a symbolic fine.
Then Lin Xiangyu plans to build a film and television city in Jeju Island, and we will give him the green light here.
NEW company has gained a good reputation, and the Peninsula is also trying hard to clear up those bad rumors.
This matter seemed to be over.
But in fact, the day before Lin Xiangyu returned to the peninsula, he met a peninsula politician named Wen in Paris.
Introduced by Lee Jae-hyun.
Lin Xiangyu did not tell anyone what they talked about specifically.
Anyway, this matter can't be resolved so easily.
The rescue of the child of NEW company employee was not successful.
The first thing Lin Xiangyu did when he returned to the peninsula was to go to the hospital to visit the two people and express his apologies to them.
Both of them went to the scene to find out what was going on.
Naturally, he would not vent his anger on Lin Xiangyu.
It was great that Lin Xiangyu was willing to let the company's helicopter take them to the scene.
They are really disappointed with the peninsula government.
This incident lasted for half a month and then gradually died down.
The peninsula’s government has also been questioned because of this incident.
People hiding in the dark are also looking for opportunities.
May.
During filming.
Lin Xiangyu saw a piece of news.
EXO's Canadian member Kris accused SM Entertainment and filed a lawsuit against the entertainment company to terminate his contract.
After this incident, SM's stock price has been falling.
SM company was already having a headache because Girls' Generation's contract renewal was not going smoothly, and now this kind of thing has happened.
This is not finished.
After this incident, some of the other Chinese members in EXO also started to behave dishonestly.
After seeing the news, Lin Xiangyu knew that the opportunity had come.
However, Lin Xiangyu waited for another half a month.
By May, all the members of SM's new girl group were confirmed.
As expected, Bae Joo-hyun and Kang Seul-gi were selected for SM's new girl group.
Kim Ye-rin was not selected.
But since she was still young, Lin Xiangyu thought it should be nothing.
After confirming that the two were selected for the new girl group, Lim Sang-woo went directly to SM company and met with Lee Soo-man and SM company president Kim Young-min.
One is the current largest shareholder of SM Entertainment.
One is the current nominal president of SM company.
It can be said that the two of them can jointly decide almost all decisions within SM company.
The reason why Lin Xiangyu met with the two was the contract renewal issue of Jessica Jung and Yoona Lim.
SM's biggest headache right now is the contract renewal issue for two popular members.
Since the beginning of this year, SM Entertainment has been trying to negotiate a contract renewal with Jessica Jung.
But both of them kept pushing it off, saying they would talk about contract renewal after a while.
SM company actually guessed that Lin Xiangyu might have said something to them in private and wanted to help the two negotiate the contract renewal.
For this reason, SM company specially modified the contract renewal between the two.
The renewal terms given in their contract are definitely the best among Girls' Generation.
However, what Lin Xiangyu said after he came over still shocked Lee Soo Man and Kim Young Min.
"Before discussing the contract extension, I would like to discuss business with you two."
Lin Xiangyu said while looking at the two of them with a smile.
Lee Soo Man and Kim Young Min looked at each other.
"What business?" Lee Soo Man asked in a deep voice.
"I want to buy out FX, the contracts of the FX members, and all copyrights of the group."
Lin Xiangyu's words made Lee Soo Man and Kim Young Min stunned for a moment.
They didn't expect that Lin Xiangyu wanted to talk to them about this matter.
As the largest idol entertainment company in the peninsula.
Since its establishment, SM has never sold any of its groups.
When Lim Sang-woo wanted to buy the FX group from SM company, Lee Soo-man and Kim Young-min's first reaction was that it was impossible.
There is no way this kind of thing could set a precedent.
One has two.
It is impossible for SM group to sell the company's group to other people.
Unless Lin Xiangyu offers a sky-high price.
"Why does Xiangyu suddenly want to buy FX?" Lee Soo Man asked first.
"I bought an agency some time ago. The girl group in it performed so poorly, so I thought of forming a girl group to liven up the scene. I heard that SM company was going to launch a new girl group. Soo-jung and the others had few schedules, and SM company didn't pay much attention to them, so I thought it would be a good opportunity to buy them." Lin Xiangyu replied with a smile.
"If Xiangyu wants to buy it, it's not impossible, but the price is a problem."
"I've already decided on the price. Five billion won."
Lin Xiangyu's words made Kim Youngmin and Lee Sooman look really ugly.
It's ridiculous to want to buy FX for 5 billion won.
"This price is too low." Lee Soo Man said with a dark face.
You can sell it.
But the price has to be overflowing.
Lin Xiangyu's price of 5 billion won really shows that he does not take SM company seriously.
Jin Yingmin also said: "If Xiangyu really wants to buy it, it's not that we can't negotiate, but your price is really a bit outrageous."
"This is all the money I have left." Lin Xiangyu said this deliberately to disgust the two of them.
This was really the first time that Lee Soo Man met someone as arrogant as Lim Sang Woo.
"If you have this attitude, I don't think there is any need for us to continue talking."
"You don't operate FX well. FX was so popular in the United States before, but you didn't let them continue to develop there. What good price do you think I can give you?" Lin Xiangyu's expression became impatient.
"If you don't sell it, Girls' Generation will be two members short."
Hearing this, Lee Soo Man stared at Lim Sang Woo.
"Do you think you can use Jessica Jung and Yoona to threaten us to sell FX to you? Without Girls' Generation, they are nothing!"
"If that's true, then why would you two be so anxious to meet me?" Lin Xiangyu said, looking at the two of them with a slight smile on his face.
After last year's "My Love from the Star", Yoona has been able to completely break away from the idol status.
She has achieved great success in her acting career.
As long as she doesn't renew her contract, there are plenty of acting companies willing to sign her.
Not to mention Jessica Jung, she doesn't care about her acting career at all now.
Has been busy with her own fashion brand.
The identity of being a member of Girls' Generation may pose a threat to other members, but it poses no threat to Yoona and Jessica Jung.
"Your attitude doesn't seem like you're here to discuss business." Lee Soo Man said in a deep voice.
Lin Xiangyu smiled.
"You only have two choices now, either sell FX to me, or SM continues to look for members for a new girl group. Without Girls' Generation and FX, if something unexpected happens to the new girl group, I'm afraid SM will really be unable to recover in terms of girl groups. I heard that JYP is going to launch a new girl group."
"What do you mean?"
"I heard that Bae Joo-hyun and Kang Seul-gi haven't signed a new contract with you yet, right? If I pay a high price to recruit them, do you think they will stay?"
Lin Xiangyu said while looking at the two of them with a smile on his face.
While EXO was having trouble, Lim Sang-woo came to SM company to discuss buying FX.
As long as SM is unwilling to sell FX, Lin Xiangyu can use this to threaten them.
Jessica Jung and Yoona Lim are both popular members of Girls' Generation.
Either of them will be devastated if they leave Girls' Generation.
Not to mention the two of them left together.
The same goes for Krystal Jung in fx.
If they really fall out, Victoria Song might run away with Lin Xiangyu's support.
Kang Seul-gi and Bae Joo-hyun are the two most important people in the new girl group.
Lin Xiangyu is directly threatening Lee Soo Man and Kim Young Min with the three groups of SM company.
"Now, are you willing to talk to me about FX?" Lin Xiangyu said again when he saw that he had almost finished talking.
That price was indeed outrageous.
But if Lim Sang-woo didn't say that, it would be Lee Soo-man and Kim Young-min who made sky-high offers.
Although Lin Xiangyu is rich now, he is not a fool.
I won’t be cheated by SM company in vain.
Now SM has only two choices.
Either sell FX to Lim Sang-woo and save Girls' Generation and the new girl group.
Or just let Krystal Jung, Jessica Jung, Yoona, Bae Joo-hyun, and Seulgi quit SM Entertainment.
As long as Lim Sang-woo is determined to poach Bae Joo-hyun and Kang Seul-gi, they will definitely not stay in SM Entertainment.
Now it is very easy for Lin Xiangyu to poach trainees from any company he wants.
Lin Xiangyu's company has everything you need.
Now they have their own TV station.
Who doesn’t want to go to Lin Xiangyu’s company?
Lee Soo Man and Kim Young Min looked at each other again.
The two knew that FX might really be sold to Lin Xiangyu.
It's just that the price needs further negotiation.
As the number one idol entertainment company in the current Peninsula, it is actually forced to sell its girl group to others.
It's really humiliating.
But there's nothing we can do, because he's so capable.
Just a few people are enough to threaten them.
What can I do?
Seven days later.
Lin Xiangyu bought FX from SM Company for 10 billion won.
FX officially becomes a member of NEW Company.
To be honest, the price of 10 billion won is not high.
But there was no way out; Lin Xiangyu insisted on sticking to the price and refused to budge.
For the sake of Girls' Generation and the new girl group, SM had no choice but to accept this price.
no way.
Now there is nothing in SM company that can threaten Lin Xiangyu.
Lin Xiangyu lacks nothing.
Artists from SM company do not come to participate in the show, but some groups do.
What Peninsula lacks the least is idol groups!
Except Han Hyo Joo who knew about this in advance, no one else knew about it.
I only found out about this incident from watching the news.
It was only after seeing the news that Jessica Jung and Yoona realized why Lim Sang-woo had asked them to sign a group contract with SM company two days ago.
Previously, the two had not been allowed to discuss contract renewal with the company, but on that day they were suddenly allowed to sign a contract with the company.
Now it seems that Lin Xiangyu is probably threatening SM with the renewal of their contract.
SM Company really disgraced itself by selling FX for only 10 billion.
After this incident, SM company strictly prohibited the company's trainees from having any contact with Lin Xiangyu.
Neither men nor women are allowed.
Kim Ye-rin almost suffered because of this.
However, SM company also understands that if Lin Xiangyu really wants to control them, he has other ways.
Using only Jessica Jung and others to threaten the company is actually giving them a lot of face.
(End of this chapter)