Investor That Can See The Future
Chapter 510
Chapter 510
exodus 1. idol maker 99 (2)
Arguing for fairness in the survival contest program is not a thing of the past.
There have been rumors that if the judges push the trainees of a specific agency, or if you give money to the PD, you can be selected.
So, the solution chosen by the idol maker was to vote directly by the viewers, not the judges. In other words, viewers become producers who select idol members.
This method was well-received, and Idol Maker recorded an all-time hit in the history of survival contest programs and continued until season 5, and programs that copied it were created one after another.
Of course, there may be a push for certain trainees in the process, but everyone thought that the voting itself would have been fair anyway.
However, it was quite unexpected that the voting results were falsified.
Jeong-soo presented a hypothesis.
“Isn’t this supposed to have been ranked from the beginning?
The vote rate was determined for each trainee, and the total votes divided by 0.04 were used as a constant and multiplied by the coefficient for each rank. That’s why the same discrepancy appears over and over again, and the discrepancy is extremely small in the lower ranks.”
“The possibility of doing so for the convenience of counting?”
“I can make excuses for that. You’ll have to check the original data to find out.”
Everyone looked unbelievable.
“Heh, hey. Is this real?”
“Even if you manipulated it, why did you do it this way?”
“This is enough that even an elementary school student can notice an abnormality with just a brief tap on the calculator.”
“It would have been better to just use a program to extract random numbers.”
Since the operation was so lame, it was rather hard to believe.
But people lie, but numbers don’t lie.
someone said
“Shall we look for material from the previous season?”
“That would be nice.”
“Let’s check the voting results for each plum blossom.”
They skipped dinner and analyzed voting data throughout the season.
The result was shocking. It was discovered that not only this time, but all of the five seasons that Idol Maker has conducted so far have been manipulated in the same way.
“In Season 3, the constant comes out as 6358. But only the 17th comes out as 6538. Why is this like this?”
“Looks like it’s just a fat finger. I made a typo while typing.”
However, if one or two people made their debut by reversing their rankings, there is room for extenuating circumstances. However, if the whole program is tampered with, the situation becomes more serious.
This is not an issue that will end with a few people involved taking off their clothes.
“Why did GJ Media do this?”
“I’m sure he wouldn’t have manipulated the rankings out of boredom.”
“Something must have happened with the agency.”
“What will happen if I announce this?”
“It’s going to be a mess.”
“GJ Media will not be hit hard.”
“It won’t be ruined, will it?”
“It won’t go bankrupt, but the stock price will plummet. All contest programs will be abolished right away, and you will suffer from lawsuits for damages here and there.”
GJ Media has about 20 cable channels and is the strongest player in the media industry with movie and music performances.
However, their influence was gradually diminishing due to the expansion of OTTs such as A-Tube and Netplay. Therefore, recently, they were trying to transform their business from a content platform to a content creator.
The idol maker series is the most representative content among them.
With a plan to directly raise idols using the platform and make a profit, they collaborated with various agencies and invested billions of dollars to produce it, and fortunately, they achieved great success every season.
These idol production programs can earn advertising revenue while they are airing, and can get promotional effects even before their debut. After that, the profits from the performances and music sales can be shared with the agencies, so it is one stone and two birds.
As the idol maker series gained popularity, large agencies also actively sent out trainees.
If the manipulation turned out to be true, GJ Media, as well as related agencies, and even the Korean entertainment industry would be shaken up.
Someone said cautiously.
“Anyway, the original data is owned by GJ Media, and we will never disclose it. Even if we raise suspicions, won’t we talk to the media and cover them up appropriately?”
“If anyone else knows, it’s a different story if the vice president trips and falls. No matter how large a company GJ Media is and a big player in the media industry, from the perspective of OTK Company, it’s like a hole-in-the-wall shop.”
“That’s right.”
At that moment, something popped into Jeonghansoo’s mind.
“Wait a minute. Why did the deputy chief command you to investigate this matter?”
Baek Jong-hoon, his senior, said.
“You said earlier. It was because Lina fell.”
“That’s just a superficial reason. Was that the only reason you told us to come together and find evidence of voting rigging?”
As soon as he heard those words, Baek Jong-hoon realized something.
“Wait, are you planning to completely reorganize the domestic entertainment industry with this event!?”
“That’s right. If you look at OTK Company, they have Edm Entertainment in Korea, and they also have OTT Lets for automobiles that are installed in Karos OS by default.”
“It’s true, I didn’t mean to say that the trainee you voted for was rejected!”
It was a misunderstanding.
This was because the trainees he voted for were dropped.
But those who did not know that fact could not help but marvel.
‘The vice president must have had such a terrifying heart!’
‘After all, the vice president of OTK Company is not for everyone.’
At least I almost believed it.
Oh oh! Vice President.
Jeong-soo continued to speak.
“You have to look at all the programs that have been aired so far, and analyze all the votes, related articles, posts, and comments announced by plum blossoms to see who was eliminated and who benefited. And also about the impact this will have on the entertainment industry in the future. A close analysis is required.”
At that, an employee named Kim Min-hyuk took out his smartphone with a surprised expression.
“What’s wrong?”
“! I have some stock in GJ Media, so I’m selling it quickly.”
At that moment, Jeong-soo thought of a good idea.
“This is not insider information, we found it by analyzing ourselves. So, is it okay to trade with this information?”
Everyone’s eyes lit up at those words.
The market should be fair to investors. It is absolutely illegal for executives and employees or major shareholders to trade stocks using undisclosed information.
Insider trading is rarely caught, but if caught, you will not only be punished, but you will also be cut off from the company.
However, the people gathered here are not insiders, nor have they leaked information from insiders.
Although it is undisclosed information, it has nothing to do with illegality as it is information obtained through direct analysis.
someone said something
“The opportunity to make money is right in front of you, but it’s foolish to stay still.”
They all took out their smartphones and turned on the MTS without saying who came first.
***
I met an employee named Jeonghan-soo who works as a quant at Golden Gate with Taek-gyu.
He presented the report as if he hadn’t slept in a few days.
“As you can see, it has been confirmed that extensive manipulation has been made not only this season but throughout the entire season. As the vote rate is set for each trainee and multiplied by the total number of votes, a certain difference in votes appears in each ranking. .”
“Could this be a coincidence?”
Jeonghan-soo just cut it off and said.
“I’d rather put the parts in a sack and shake it to make an airplane.”
I was surprised.
“Were the votes really rigged?”
Taek-gyu said it was natural.
“Look. I said manipulation.”
He said looking at his data.
“There is another strange thing.”
“What?”
“For this season, in the case of online voting on the homepage, voting is completed only by clicking 11 out of 99 votes. So the total number of votes will be 11 as a prime number, and dividing by 11 must match the numbers.”
“I would.”
“However, according to the data here, the total number of votes on the website is 5,050,557, divided by 11 to get a decimal point. From this point on, it doesn’t make sense.”
I got even more ridiculous.
“Even if you manipulated it, you mean it was so lame?”
“We found it strange, too, but I guess so.”
Taek-gyu sharpened his teeth.
“I knew this would happen. To hear these guys drop Rina from the debut group with such a dirty shove. That’s why Lina fell even though I sent a text vote of 100 won per box so hard.”
“We checked all the broadcast programs, but there are not only one or two trainees who are presumed to have reversed their rankings.”
I skimmed the report.
It was clear at a glance how the manipulation was done, which trainees and agencies benefited, and what kind of impact this would have on the market.
I don’t think it’s going to be this hard to make a company analysis report.
I closed the report and asked him.
“Did you earn some money by analyzing this?”
He smiled mischievously.
“I think we’ll get it from now on.”
Taek-gyu was satisfied and nodded his head.
“Good for you.”
***
The 11 trainees selected as the debut group in Idol Maker 99 Season 5 became an official girl group.
In the future, under the support of GJ Media, they will appear on various music programs and enter the Japanese, Chinese, and Southeast Asian markets.
At this point, however, something unexpected happened.
Chairman Yoo Byung-moon, who received a report from Young-chae Lee, the head of the Kijo Room, was furious.
“The OTK Company questioned the results of the Idol Maker 99 voting and requested that the original data be disclosed?”
Director Lee Young-chae nodded her head.
“Yes. If you refuse, I will announce the allegations.”
Chairman Yoo Byung-moon was absurd.
“No, why is OTK Company interested in idol contest programs?”
Director Lee Young-chae said cautiously.
“Isn’t it possible that CEO Kang Jin-hoo was still angry about the incident?”
“What happened back then? Is it because of Jinwook?”(Read more @ wuxiax.com)
Chairman Yoo Byung-moon has a youngest son named Yoo Jin-wook who was born in an affair.
He was also known as a playboy in his business world. He used his position as the son of GJ Group chairman and the head of the entertainment department to forcibly molest women who dreamed of making their debut in the entertainment industry.
This caused problems several times, but each time, Byung-Mun Yoo covered it with money and power.
Then, after all, after Kang Jin-hui, he did something nonsense to his lover. As soon as that fact became known, the large corporations that had provided advertisements turned their backs all at once.
Chairman Yoo Byung-moon forced his youngest son to surrender to the police to calm his anger after the earthquake, and Yoo Jin-wook confessed to his crimes.
Because there were so many victims, it took time to reach an agreement and the trial was lengthy. Yoo Jin-wook’s side deliberately did not actively defend. This is because they feared that Kang Jin-hoo would be angry if the punishment was weak.
After a long trial, the first trial sentenced him to three years in prison. A lot of time has passed since then, and Kang Jin-hoo didn’t seem to care anymore.
He recalled a meeting with his son not long ago.
Even if he is a prisoner imprisoned in the same detention center, his dog hair and tiger hair are treated differently. Unlike the other prisoners, he lived in a single room, and he met with a lawyer every day.
However, no matter how comfortable the detention center is, he is not as good as living in a gosiwon.
He cried and shouted to his father who had come to visit him.
He said, ‘If I stay here one more month, I might hang myself to death! Get it out of here, Dad!”
It broke my heart to see the youngest son, who wouldn’t hurt even if he put it in his eyes, was exhausted.
He exhorted his son and said,
He said, ‘I entrusted the defense to Jung-Ann Kim and set up a defense team of former judges and prosecutors. Be patient.’
Since the agreement with the victims has been completed and the petition has been received, the sentence could be commuted with a sufficient probation in the second trial.
“It seems they have noticed that they are trying to get the team leader out of the appeals court.”
Chairman Yoo Byung-moon, realizing the heart of the situation Awakened, said with a firm expression.
“Then, is this a warning from CEO Kang Jin-hoo to punish Jin-wook strongly?”
“It will be. Otherwise, there is no reason for OTK Company to fall over just rigging votes for idol contest programs.”
“I see.”
If you ignore this warning, you never know what will happen next. Perhaps the whole group will be disbanded.
Jinhoo Kang has the money and power to do that.
No matter how lovely the youngest son, he is more than a group.
not insignificant
Chairman Yoo Byung-moon said with a sigh.
“I contacted Jung & Kim and Jin-wook withdrew the entire defense team.”
“All about it? So what about the defense?”
“Just tell me to hire a public defender.”
“Okay.”
Neither Chairman Yoo Byung-moon nor Director Lee Young-chae could have imagined that this was happening because the trainees voted for by the vice-president fell.
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