Silicon Valley

v2 Chapter 628: SM Entertainment Co., Ltd.

Korea ** Entertainment Co., Ltd. (s.ertainment) is a large-scale artist planning and brokerage company in South Korea. It was founded in 1989 by singer Lee Soo Man. It is the largest entertainment company in Korea in terms of scale, strength, popularity and influence. δ Its name "**" is the abbreviation of "steum" in English, which means "star museum, hall of fame", and its representative artists are wave a, TVXQ, superj, girls' generation, shinee, eo, redve1vet, nbsp;* *Entertainment has strong star-making ability and is known as the "star-making factory" and "the origin of Hallyu". It is a company in South Korea that created its own creative system. It incorporates four stages of selection-training-production-marketing. This system, which has been strictly implemented for 20 years, is also regarded as its core competitiveness by ** Entertainment. And this is exactly a key point where Henry attaches great importance to ** entertainment.

The British "Financial Times" once summarized: "** Entertainment is the only company that has completed the development of talents, training, and recording content all over the world! Its founder, Li Xiuman, has an influence on ** entertainment and Hallyu circles. , Like Steve Jobs to Apple or the IT industry!!!"

"Jin Dazhong, immediately start an acquisition from the ** company!" Henry ordered.

"Yes, Your Majesty!" Jin Dazhong replied in a deep voice.

In 2000, ** Entertainment was listed on kosdaq in South Korea, with a market value of about 7.9 billion won, or about 690 million US dollars. For a tyrant like Henry, this amount of money is not in the eyes, just a drop in the bucket.

The news of Group J’s proposal to acquire ** Entertainment quickly spread in South Korea and caused a huge sensation.

j-em, a subsidiary of the j group, is the largest entertainment media company in Korea. Its business covers film, television, music, performances, media, games and other entertainment and cultural industries. It has become the most competitive in Korea and even in the world. One of the most powerful entertainment media groups. The music division of j-em owns the two largest music TV channels in South Korea, m and km-tv. Relying on two powerful media platforms, it has established a record store, TV program production, singing planning, and digital media services. Career system. Its brand programs "m!", "super-star-k" and "ide entertainment news" have long become the most popular Korean music entertainment programs for fans in Asia. et Asia Music Awards (referred to as Hong Kong, China), covering over 200 million audiences worldwide, is the largest and most influential and authoritative music awards ceremony in Asia!

**The combination of entertainment and j-em is a strong alliance. **If entertainment can get the help of j-em's media platform resources, it will be even more powerful. The name "star factory" must be added to the word "level"! Moreover, the j group is the industry of Henry Williams. In other words, as long as you become an artist of the j group, you will have the help of all the companies under the name of Henry Williams. From then on, the stage of the artist will no longer be limited to South Korea. , But the whole world! ! !

All of a sudden, the stock price of **Entertainment skyrocketed, and its market value increased by 9.5 billion won!

**Entertainment artists or trainees were ecstatic when they heard this news, and wanted j group to acquire **entertainment company.

In the dance studio.

"Captain Taeyeon, do you want ** Entertainment to be acquired by J Group?"

"Yoona, what do you think?"

"Of course I hope. Next year, our'Girls' Generation' group will debut. When will we get more publicity resources than now. And..." This girl named Yoona used smart His eyes looked around, and then he whispered, "It is unreasonable that **Entertainment has signed a five-year performance contract with us. The profit is 70% for the company and 30% for the individual. What's more, the income here is only the income of the album, and the income from peripheral products and other activities belongs to the company. In other words, the first 5 years have been done for the company for nothing! Hmph, these entertainment predators know that we are drained. The surplus value of ordinary young artists!" After speaking, he pouted with a look of anger.

At this time, the door of the dance practice room suddenly rang, and the captain Taeyeon immediately made a gesture of silence and whispered: "The dance teacher is here, don't say it!"

"Ok……"

At this moment, a meeting is taking place in the conference room of **Entertainment.

Although Li Xiuman is the founder, he is not the legal representative and president of the ** company. He is just a shareholder and production director.

The company’s president, Kim Young-min, sat at the main seat of the conference room, and said: “J Group eo Kim Dae-jung has proposed to acquire ** Entertainment at a price of 35o50 won per share for a total of 800 million U.S. dollars. What do you think?”

Li Xiuman pondered for a while and said: "**Entertainment and the j group are a good choice, and the price they offer is also very good!"

"Director Li is right, I also agree to accept the acquisition of the j group!"

The rest of the shareholders have also expressed their support. For these shareholders, the J Group acquired ** Entertainment at a premium of US$110 million, which is almost a profit. Why not sell it?

After the general meeting of shareholders, ** Entertainment contacted the j group to accept its acquisition.

Soon, the two parties signed an acquisition agreement, and then a press conference was held to announce the matter to the outside world.

At this time, there was a sensation within the ** Entertainment Company, and everyone was excited about the news.

"Everyone, come here, please listen to me. At about 3 o'clock this afternoon~lightnovelpub.net~ Mr. Kim Dae-chung of the group eo will inspect the entertainment company in the future. In addition, His Majesty Williams will probably also come to our company. So, You must behave better, you know?" Li Xiuman still serves as the company's production director, managing company affairs.

As soon as he finished speaking, everyone was surprised, and they showed unbelievable expressions.

"Wai, His Majesty Williams is also coming to **Entertainment Inspection Work?! Oh, my God, I'm going crazy with excitement! Aunt Xue, hurry up and help me make up and paint me the best makeup!!! "

All the beauties went to the dressing room to put on make-up...

Li Xiuman looked at the empty hall and shook his head with a smile: "The charm of His Majesty King Williams is really unparalleled!"

Three o'clock in the afternoon.

Henry did indeed come to ** entertainment company with j group eo Kim Dae-jung.

Entering **Entertainment, is like walking into the company with the best appearance in South Korea. The males are handsome and the females are beautiful.

"Welcome His Majesty Williams and Mr. Kim Dae-jung to visit ** Entertainment Company!"

Li Xiuman took the lead, and the company's main leaders and well-known artists who had already made their debut bowed their greetings to them.

"You are the well-known Mr. Li Xiuman in South Korea? Nice to meet you! **Entertainment is able to develop into the largest entertainment company in Korea, Mr. Li Xiuman contributed a lot!" Henry smiled and stretched out his right hand.

"Thank your Majesty for the praise, but this is not my personal contribution, but the result of the joint efforts of all people in ** Entertainment!" Li Xiuman said modestly.

Henry heard the words, smiled, and nodded slightly.

"Director Li, we said as we walked, I happen to be not very familiar with **entertainment, so you can give me a brief introduction to the company..."

"Ok!"