nucmednet Chapter 85 The New Company's First Show of Force
Chapter 85 The New Company's First Show of Force
"Boss, where to?"
Li Zhengyi leaned back in his seat, closed his eyes briefly, and then opened them again.
Let's take stock.
"What are we taking stock of?"
"I currently have three companies related to the entertainment industry. The top one is X Pagoda, registered in the Cayman Islands. This company holds a controlling stake in X Supernova Entertainment in Singapore, which specializes in global entertainment investments."
"Then X Supernova invested in a new company in Seoul, Supernova Entertainment."
"In the first half of this year, I had Supernova Entertainment invest in a TV series called 'Misaeng.' After it aired in the summer, it did quite well. While it wasn't a phenomenon, it was still one of the top-rated dramas of the year. So, although this company is new, it has already built up some reputation. In addition, I also signed the future revenue rights of trainees from several small and medium-sized entertainment agencies, betting on their future with a small investment."
"Trainee's future profit rights?"
Ding Lilan rarely asked such a question.
"It's like giving them money now in exchange for a portion of their future income. Most trainees don't debut, but if a few become famous, it covers all the costs of everyone else. It's like buying a minimum amount of money based on a probability distribution, low risk, low return, and a sure-fire way to make money. This is a very common practice in this industry."
"Boss, you're treating your idol like a financial derivative."
"I'm just confident in my judgment, but that's a different business line."
Li Zhengyi continued.
"Today I went to Supernova Entertainment not as the behind-the-scenes boss, nor as a representative of the investors, but as a senior executive dispatched by the parent company to serve as a managing director."
"I don't interfere with day-to-day operations, but I have veto power and the ability to initiate projects independently."
"Nobody at Supernova Entertainment knows who the real boss behind the scenes is."
"All they know is that the parent company is in Singapore, and behind the parent company in Singapore is an investment company in the Cayman Islands, and behind the Cayman Islands is a private fund whose details are unknown."
"It's good that they can't find it. If they could, all my pretense would have been for nothing."
"So, are you going to start your new job today?" Ding Lilan asked.
Li Zhengyi looked at the office buildings in Jiangnan District getting closer and closer, their glass curtain walls reflecting a blinding white light in the sunlight.
"Go tell them that the war has begun."
Supernova Entertainment's offices occupy half a floor on the sixteenth floor of a newly built office building in Gangnam District.
This size is typical of a small, emerging entertainment company.
Small as it may be, it has all the essential organs.
Moreover, with the success of the hit TV series, they have established a foothold in the industry.
At least when you're looking for well-known directors or actors, they won't ask you, "Who are you?"
Furthermore, it's easier to negotiate broadcasting partnerships with television stations.
The decor here is completely different from that of Starry Sky Games.
The game company's side has open-plan workstations and arcade machines, while this side has a marble reception desk and abstract paintings.
Several movie and TV drama posters that the company had invested in hung in the corridor, and the scents of various women's perfumes lingered in the air.
The game company is a Buddhist temple.
That entertainment company is like a nunnery.
Seventy percent of the employees are women.
Li Zhengyi wore a dark blue suit today, with a long black cashmere coat over it to keep warm.
It was Ding Lilan who put together the outfit for him.
The exact words were: "That's what a young company executive should look like."
He didn't care.
If you let him have his way, sportswear, sweatpants, and canvas shoes are his most comfortable clothes.
But that would definitely clash with the workplace atmosphere in Seoul.
The only thing worth mentioning is the shoes.
Back then in Donghae City, Lee Woo-bin owed him a pair of custom-made crocodile leather shoes.
Lee Woo-bin boasted about how rare and prestigious these shoes were.
But Li Zheng felt it was uncomfortable on his feet.
Running away when in danger is just a burden.
Ding Lilan followed behind him, wearing a black suit skirt and holding a folder in her hand.
A very stereotypical image of a female secretary in the workplace.
She added a pair of non-prescription glasses, concealing her overly sharp gaze when she was working.
It's about observing whether everyone has any dangerous occupational habits.
The conference room door opened, revealing a dozen people sitting on either side of a long table. They all stood up as he entered.
bow.
They were all lined up neatly.
But their expressions were all different.
Some were curious, some were nervous, and some were secretly observing him.
Two days ago, the parent company sent him his employment notice and his basic information.
Today's meeting is for this new "Executive Director".
A woman was standing at the very front of the long table.
She was probably in her early thirties and about 1.75 meters tall, which is quite tall for a woman from the peninsula.
Her long, silver-gray hair reached her waist, with a withered twig tucked diagonally into it as a hairpin.
It's not a work of art; it's just a real dead tree branch.
He was wearing an asymmetrical black suit jacket, with the left hem at least 20 centimeters longer than the right. The collar was not turned up, but instead tied casually with a tie of the same color.
This kind of outfit might seem overdone on someone else, but on her, for some reason, you feel like "this is how she should dress."
Han Shuyan.
President of Supernova Entertainment.
Previously, he was a producer in the television production department of KBS.
He resigned due to some internal reasons.
After leaving the TV station, he chose to start his own business and sought investment from all over the place.
That was a year ago.
At that time, Li Zhengyi was looking for suitable people to invest in.
The two sides immediately reached an agreement.
Lee Jung-il did not appear in person, but instead invested in X Supernova Entertainment in Singapore.
Invest $500 million to acquire 77% of the company's shares.
This is a very attractive price for a new company with no prior track record.
Han Shuyan herself doesn't have much capital, her bargaining power is low, and she doesn't have any demands for control of the shares.
The only point is that, as the company's founder and president, she must have absolute authority over personnel management and the right to decide on projects.
The first TV series project, "Next Life," was a success, and both parties were very satisfied.
Han Shuyan has officially transformed from a high-level employee in the film and television industry into a capital investor.
Li Zhengyi also received a return on his investment.
However, Han Shuyan instinctively resisted the idea of the parent company suddenly appointing a "management director".
She has two recognized labels in the industry.
"Paranoiac artist" and "tyrant".
Such a person must be someone who extremely abhors capitalist interference.
She stood in front of Li Zhengyi, arms crossed, chin slightly raised, her expression as if she were examining a trash can that she had absolutely no interest in.
"So you're the executive director sent from head office? You're younger than I expected."
"My name is Li Zhengyi. Starting today, I will serve as the executive director of Supernova Entertainment. I will not interfere in daily operations, but I retain veto power and the right to initiate projects independently."
Then he sat down, his gaze sweeping over the dozen or so faces sitting on either side of the long table.
The heads of the planning, production, marketing, and finance departments each had a notebook and a pen on their desks, each in a different posture.
He continued speaking.
"Before I begin today's meeting agenda, there's something I need to clarify for everyone. Some of you may have already recognized me. Yes, I am Lee Jung-il from CJ Group. I was recently permanently dismissed by my father, the chairman of CJ Group. My presence here has nothing to do with my family. I am in this position because of the appointment made by the head office. And CJ Entertainment is my enemy."
At least three people in the meeting room simultaneously dropped their pens onto the table.
People started whispering among themselves.
Someone was looking down at their phone and typing furiously.
Some people's expressions changed from curiosity to horror.
Li Zhengyi didn't give them time to process what he was saying and continued.
"I'm telling you this because every battle we're going to fight from now on will be against CJ Entertainment."
"I don't want one of you to come up to me one day and say, 'I didn't know you had a grudge against CJ Entertainment. I thought we could work together.' Now you know."
"I'm giving you thirty minutes. Within these thirty minutes, anyone who doesn't want to confront the CJ Group can leave this meeting room."
"Go to the HR department to complete the resignation procedures, and I will pay the full compensation according to the contract."
"If anyone is still sitting here in thirty minutes, I will assume that you are ready."
He raised his wrist and glanced at his watch.
"Timer begins."