Chapter 99 Entertainment Company Vision
Looking at Sung Yoo-ri with anticipation, Han Ankang couldn't say that he had set up an entertainment company, but it was just a decision he made on impulse. Although his mentality had changed, he was still as sincere as ever when dealing with his friends. What's more, he also knew that for Sung Yoo-ri, what she lacked was not opportunities but a background that could protect her from the wind and rain.
After pretending to think about it, Han Ankang asked Jin Inha beside him: "Brother Inha, what do you think of Brother Jong Kwok's proposal? If someone like me wants to open an entertainment company in South Korea, would it be too troublesome?"
Jin Inha thought for a while and said, "It depends on how big the entertainment company you want to open. If you want to open an entertainment company that spans film, television and songs, it will take a certain amount of time and a lot of manpower and material resources.
If you just want to open an agency that specializes in taking care of some special artists, it is relatively simple. Just open an agency similar to Zhong Guo and specializes in serving yourself. However, this type of studio brokerage company also needs to affiliate with a large entertainment company to arrange pass-through performances for artists, and also need to pay a portion of the management fees.
But according to my opinion, if you really want to take care of more artists in the South Korean entertainment industry, you want to take care of. This kind of small studio is not suitable for you, and you can acquire a small entertainment company with your ability. There is no need to do this, and you are worried about finding managers everywhere. As for the packaging and promotion of artists, you just need to tell President Cui, and I believe you will not worry about not being invited."
Acquisition of an entertainment company?
Han Ankang heard this and continued: "How much does it cost to acquire a company?"
Jin Inha smiled and said, "It depends on how big the entertainment company you plan to acquire, and the prices are naturally different. However, according to my suggestions and your future needs, I am afraid I will find a comprehensive brokerage and entertainment company that has some promotion and packaging channels in the three aspects of film, television and music.
Such companies are generally well equipped. After purchasing, they only need to choose a good management team, which will surely bring you convenience and profit. In fact, with the conditions of Yuli, she just lacks a good platform. If she can package and promote it well, the benefits she can generate are still very considerable. The most important thing is, what do you think yourself!"
After listening for a long time, Han Ankang still didn't hear Jin Renhe say how much it would cost to acquire such a company. After thinking about it, he said, "Inhe, don't bother me in one thing, why don't you ask me for information? See if there is any agency that meets my requirements. Don't worry about money. Just choose it for me. As for making money, I don't expect it. As long as the company is opened, don't let me post money every year. Is that OK?"
Faced with Han Ankang's words, Jin Inha thought for a while and said, "Okay, but I know a company. If you can acquire it, I believe that finding a president who knows how to do it should have great potential for development. Others may not dare to reach out to acquire this company, but if you need it, just say hello.
Because that company is also considered an entertainment company invested in by a subsidiary of Cui Group, it meets your requirements. If you can acquire it, I believe you only need to adjust the management's development policy and quickly bring it back to life. In terms of price, I think it should be easy to talk about based on your relationship with President Cui."
Before Han Ankang could speak, Lee Hyori said in surprise: "Brother Inha, are you talking about 'LOEN' company? That's a company with a market value of nearly one trillion yuan. Is it not easy to acquire it?"
Jin Inha smiled and said, "Actually, you don't know that the company has not developed much in recent years. As an entertainment company that was established earlier than Li Xiuman's company, you all know its development over the years. If the subsidiary had not felt that it was a waste to discard it, it would have sold it long ago.
Moreover, its value is not as high as one trillion won. As far as I know, its real value can exceed 500 billion won is very good, and this price is more of fixed assets. Just the artists under that company now, do you know how many well-known ones are? It has such a good platform, but it has developed into this way. Not only can it not provide profits to its subsidiaries every year, but it also requires its subsidiaries to continue to inject capital. Such a company will not like its boss even if it is glamorous outside."
Hearing Kim Inha say this, Lee Hyo-ri nodded and said, "Well, this is true. LOEN has developed to this day, and there are very few artists I know. Now, the more famous company may be the female singer IU Lee Ji-eun who debuted in SOLO. I have never dealt with other artists.
I have heard before that the management of this company seems to be quite chaotic and there are always problems in issuance. If it weren't for the company's old qualifications and the capital injection of a subsidiary of Cui Group, I'd probably been squeezed out of the entertainment brokerage company. Speaking of which, it's really confusing that this company has such good resources, and it's really confusing to develop!"
Jin In-ha sneered when he heard this: "The management team is infighting, and the company's capital expenditure management is chaotic. No matter how good the conditions are, they cannot develop. In my opinion, LOEN is just a spoiled child. If it weren't for this company, it would have helped the telecommunications company, and the superiors would probably have sold it long ago."
Han Ankang, who was sitting beside him, interrupted and smiled bitterly: "Brother Renhe, you can really look at me. How could I acquire an entertainment company worth 500 billion yuan at once? My entire property is probably only about 20 billion yuan. Do you want me to buy such a large company with so much money? What's more, if you acquire the company, you have to give some working capital?"
Looking at Han Ankang's wry smile, Jin Inha smiled and said, "Others may need 500 billion to acquire, but if you want to acquire, I think President Cui should be very happy. I don't think the boss will like this company that allows subsidies to pay for money every year. In the eyes of President Cui, such a company is just a piece of nothing.
Besides, I didn’t say that you can acquire it in full. As long as you get the controlling stake and replace it with a group of capable management teams. I think it should not be a problem to make a quick profit based on the channels and conditions required by this company. The most important thing is that with this company as a signboard, if you want to put some people in, others won’t say anything. For example, Yuli!”
Looking at Jin Inha's joke that "I only have an idea, nothing else is my business." Looking at Sung Yoo-ri who seemed very excited, Han Ankang found that he really didn't know what to say. Although it's good to acquire such a company, the key is to make money! For a moment, Han Ankang suddenly realized that money became more important to him.
Just when Han Ankang was worried about where the money came from, he accidentally saw Cheng Yuli, who was eager for his eyes. On his pink and delicate face, there were several acne that was a bit destructive to the beauty. He quickly realized that the inheritance of Taoist medicine was in addition to his magical medical skills, there were also countless Chinese medicine prescriptions.
In the past, these Chinese medicine prescriptions were just used as backup medicines for practitioners, but in this era, any high-end cosmetics are expensive. Once these Chinese medicines are produced, they are simple and unlimited. He really doesn’t know that they have a gold medal!
Thinking of the massive amount of Chinese medicine prescriptions in my mind, looking at Jin Renhe who was still looking at the lively expression, Han Ankang suddenly said, "Brother Renhe, I will find a way to acquire this company, and if I want to acquire it, I must acquire it in full. I don't like to be in my own garden, and I also let others point fingers. However, I have a condition!"
Jin Inha was stunned when he heard this and said, "Conditions? If you have conditions, you will talk to President Cui, I can't make this decision."
Han Ankang smiled brightly and said, "Hehe, you really have to make the decision on this matter. It's okay for me to acquire this company. But one problem is that you must be the president of this company. Since you know the situation of this company so well, are so familiar with things in the entertainment industry, and our relationship is so good.
Apart from you, I really can't find a second agent to be assured. How about it? Consider it. After becoming this company, I can give you a certain amount of shares, and I won't interfere in the company's development. As long as I don't let me always pay in the future. I'll give you a chance to defeat Li Xiuman head-on, how about it?"
Looking at Han Ankang's words, it was Jin Renhe's turn to smile bitterly, this time, "Is this a stone shooting myself in the foot? I'm just giving you some advice, but I've built myself up a lot! Although I'm very unwilling to have my previous failure, I'm living a good life now, and the president valued me a stable income. I'm not sure if I let me come out again!"
At Jin Inha's wry smile, Han Ankang said firmly: "I will also pay you how much salary Brother Cui will pay you. As long as you are willing to come over to serve as the president of this company, I can give you at least 10% of the shares. Anyone who practices medicine dares to enter the entertainment industry. You are a person in the entertainment industry. Don't you dare to try it?
There is a saying in China that is 'Falling from there, get up from there'. Don't you want to be the real number one president of South Korean entertainment companies? You know, if you work for President Cui, you can at most have a stable income. But if you help me with work, it can be a business yourself. As an employee and a boss, do you think that career will attract you more?"
The salary is paid, and he also owns no less than 10% of the shares of an entertainment company with assets of nearly 500 billion yuan. This means that he can become a billionaire by taking on this job. This kind of ** really made Jin Renhe hesitate a little.
In fact, Kim Inha doesn't care much about money, but more of it is because he wants to prove that his failure back then was not his incompetence, but that his background was too weak back then. In the end, he was defeated by others using despicable means. So now there is an opportunity to prove his ability again, what choice would he make?
Chapter completed!