Korean Entertainment – Exalted President

The waiter finished the dishes, turned and left, and a few people sitting in the room ate a little something and covered his stomach. Lee Sooeomma n brought this topic to today’s topic “Jessica, you and Lee Yoo-ro ‘ssi work together as a sideline. You should tell the company in advance, you make the company very passive, and shareholders I am not good at it here.”

Lee Sooeomma n was indeed an old-fashioned tycoon who got his hands on Jessica. To know that Jessica is still an artist of their sm, her personal portrait right.. are still in the hands of the company. In that case, sm does not object to Jessica’s own sideline business. If it is a small fight, even if Jessica and his family open a coffee shop in Seoul, the company can accept it.

However, Jessica opened a chain store and a clothing chain. Moreover, the investment is estimated to be hundreds of billions of Korean Won, and the amount of investment is not yet accurate. This is a big deal, and Jessica has the name ‘Girl’s Generation’. And ‘Girl’s Generation’ is the product of sm, they have indisputable ownership.

Jessica opened her store, even if she used her own name, but anyone who looks at it, she represents ‘Girl’s Generation’. Be aware that ‘Girl’s Generation’ has a strong influence and appeal in Asia. They can imagine that Lee Yoo-ro puts a lot of money into it and makes Jessica’s store’s everywhere in Asia. When Jessica is carrying the name of ‘Girl’s Generation’, the income is hard to estimate, so sm of course Can’t sit still.

However, Lee Sooeomma n is also very smart. He uses Jessica as a sm player, which makes Jessica lose morality first. Jessica did not give anyone a sneak peek at the sideline, except that their teammates knew it, even the manager didn’t know. If Lee Soon-gyu told Lee Sooeomma n about this, then Lee Sooeomma n found that it was time to open the business.

At that time, it was only a matter of time. When sm wants to join in, it might be to get a piece of it, so it is really necessary to tear the face with Lee Yoo-ro and cj entertainment.

When Jessica heard Lee Sooeomma n, she responded a little slyly to “seonsaeng-nim. It’s something I’ve always been eager to do in terms of fashion. After we’ve successfully stood at the peak of Girl Group, sideline I have always thought about it. I also tried to shoot TV dramas in the past, but the effect…” Jessica said that she smiled bitterly. After she participated in the TV series, she found that she was not suitable for acting.

Jessica continued to say, “In fact, I didn’t think about how much sideline I did at the beginning. At best, I was thinking about opening a small store in a place like Linyin Road. The fashion clothes and accessories are all designed by me. As a designer, my mother will help me see the store. However, when President Lee Yoo-ro said to invest in me, I have grown my dreams. The company I have to run during this time has a lot of procedures. Every day, there are busy work and investigations, so when I am busy, I forgot to say to the company for a while. Seonsaeng-nim, representative, sorry.”

Lee Sooeomma n sighed deeply. “Jessica, if you are driving a small shop, I, and the company, we will definitely have no opinions. After all, you have paid so much for the company for so many years.” In the years, the company has a lot of people. But this time, President Lee has invested too much in your investment, and it has surpassed the scope we can tolerate. You also know that sm is now a listed company, and the company has a large size. Small shareholder 10 comes in. Even if I can accommodate you in the sideline, you can’t understand it on the board. After all, you are still an artist of our company. You also have the name of Girl’s Generation on your jessica.”

Jessica didn’t know how to answer Lee Sooeomma n at the moment. She turned to Lee Yoo-ro for help. She really is looking at the name of Girl’s Generation, and this name can be given without guessing. She brought a lot of money..

After seeing Jessica’s gaze, Lee Yoo-ro put a piece of salmon on Jessica’s plate. “Don’t you like to eat sashimi? Although it is quite different from the tuna we caught ourselves, overall It’s not bad.” Lee Yoo-ro gave Jessica a meal, meaning she’s ‘resting’, and the next thing is to talk to him and Lee Sooeomma n.

Lee Yoo-ro didn’t have the heart to go around with Lee Sooeomma n, and he said that he couldn’t say anything for a long time. Today is not about feelings, and his Lee Sooeomma n represents sm to Lee Yoo-ro. However, specifically how to divide the plan, you need to talk slowly.

“Director Li, we don’t have to go on so much gossip here. Jessica is your sm artist, but she doesn’t sign ‘sell/deed’. So we don’t want to talk about feelings, things above career. We have emotions after you have gotten something equal. Tell me, what do you need in your heart? As long as you sm don’t be as whimsical as last time.”

Lee Sooeomma n When they saw Lee Yoo-ro, they talked about it directly. They didn’t have to sit here with Lee Yoo-ro. They also went straight to the subject. Kim Yong-min said at this point: “All of our shareholders agreed that we are not involved in any business and there is no voting rights of any company. We only need 20% of the total profit.”

“Hehehe.. OK, but the premise is that you sm invest 1000 billion Korean Won, I can give you 20% profit.”

“President Lee .. you know this is impossible, Jessica is heading the name of Girl’s Generation.”

Kim Yong-min’s words have not been finished yet, and Lee Yoo-ro interrupted him first. “Wait.. What is the cost of Girl’s Generation for two years? I need the entire Girl’s Generation, if I don’t remember Wrong is 10 billion? Well, now I only need Jessica to be the chief designer of my clothing brand, and also the fashion director. I bought her design office. Even if Jessica is a member of your Girl’s Generation, your company does not. May I say that Jessica is not allowed to design apparel? In the first two years of the opening of the apparel, I invited you to Girl’s Generation as the image spokesperson for the product. Is this always ok?”

Lee Yoo-ro This is a departure from Jessica and I have to set up my own clothing company. However, Lee Yoo-ro alone is the chief designer of jessica as a clothing brand.. Lee Yoo-ro is to make Jessica a part-time person in the apparel brand? This sm has no right to make irresponsible remarks. As long as she does not affect their Girl’s Generation activities, then sm has no right to prevent Jessica from doing part-time work or sideline. As for Lee Yoo-ro’s salary to Jessica, that is what he said.

So even if sm holds the things contained in Jessica’s brokerage contract, there is no way to stop the cooperation between Lee Yoo-ro and Jessica. Only Lee Yoo-ro changed the way to put aside sm, so even if it is legally speaking, sm has no chance of winning.

Lee Sooeomma n didn’t think that Lee Yoo-ro used this method directly in a disappointment. It was too violent. Talking about business was a matter of talking slowly, not arrogant. Lee Sooeomma n pushed the direct glasses and said “President Lee, you are over..”

“Oh? You still know ‘over the past’? Didn’t you just come up with ‘nothing’? Although we are talking about business, your sm gives me the feeling that it is not ‘talking’ but is unreasonable. To talk, Let’s be serious, don’t try to test the past. If you don’t want to save money and don’t want to take the risk of business, you are going to give us a ‘Girl’s Generation’ name, then 1% total profit is almost the same number. Acceptable range.”

Kim Yong-min heard the number that Lee Yoo-ro said. He stared at him with his eyes wide open. His expression was like hearing a big joke. “1%? President Lee Our company’s bottom line is 10%, one less. The achievements have not been discussed.”

“In this case, there is no need to go on. At noon today, I am asking you to be two, then…” Lee Yoo-ro made a message here, and he felt that there was no need to talk about it. Sm is too whimsical, and using a name from Girl’s Generation is like getting a 10% gain, which is too much.

X869X Jessica’s store has developed, Jae-joong / country, and even Asia has 16 stores, so the profit of Lee Yoo-ro is not much, one hundred million dollars, then sm understands 100 million dollars for no reason? Lee Yoo-ro invested a lot of up-front startup funds to open the store, Jessica was busy, and sm is equivalent to allowing Jessica to use the name of Girl’s Generation to promote, just to charge 1000 million naming rights? Is jessica almost the same as jessica.alba in Hollywood?

So, Lee Yoo-ro didn’t think there was anything to talk about. I can’t talk today, wait until they figure it out and continue talking. However, I have already given my own price, 1%, anyway, I will talk about the range of this number. Today is to let Lee Sooeomma n know his price, and the rest will let him go back and discuss with shareholders.

Lee Yoo-ro said at the moment, “As far as I know, your company’s current market value is about 10 billion dollars. However, in 15 year, it is estimated that the market value of your sm will fall to 7-8 billion dollars. You have time and I am here ink, it is better to go back and care about your exo, send a message to you, Wu Yifan intends to cancel the contract!”