After becoming the son of the boss [entertainment circle]

Li Xianyin never told anyone other than his assistants and planners about his actions. Even Wu Zhibin and Kim Jung-kyung didn't know all about it. You guessed what he was doing.

Many people have become accustomed to his decisive actions, and it is against the normal behavior to focus on a direction that is not clear to everyone for a long time. Since Li Xian's previous record is too "dazzling", several directors are staring at him. Watching his every move, for fear that their president will crash one day, so that everyone will be implicated.

All the management: One thing to say, because of Li Xian's level of pretentiousness, it is not surprising that the entire SM pit will be wiped out someday!

Compared with his own boss, Wu Zhibin knows better about the atmosphere in the company. Speaking of which, he is also one of the culprits of the depressed atmosphere. Recently, he is under too much pressure to work with the president, so it is inevitable that he cannot control the expression on his face. It is not his original intention to influence others.

However, he didn't say anything publicly about it. The main reason was that he didn't want to disturb the president. Now any extra things had to be suppressed, and no distraction was allowed at all. The low-level employees couldn't take care of their moods.

The temporary detention of Lee Jae-hyun is far from the end of the family war between the Lee family of Samsung and the Lee family of CJ. Taking advantage of the fact that CJ has no leader, Samsung launched a quick and precise attack on it in a short period of time, and all the food companies under CJ will inevitably be born. In order to avoid the stock price fluctuations, some who were not strong enough to resist lost some orders under the pressure of Samsung.

Although Li Meijing wants to develop the entertainment industry wholeheartedly, the current CJ Entertainment is not very profitable. It is not considered the vanguard of the CJ Group. There are too many things that can be manipulated in the sales process, just spreading news like "excessive amount of certain food additives" can make the brand side troublesome, not to mention that Samsung's methods are obviously more than these.

Recently, Li Meijing, who has just set up the airs of the TV station in the public opinion, soon followed his brother's footsteps and was accused of participating in the preparation of a huge amount of secret funds to help CJ evade taxes.

However, due to insufficient evidence, she was not detained pending trial, but was forced to step down from the position of president of CJ Entertainment. The sense of panic that the two top leaders of the group left their posts one after another in a short period of time inevitably enveloped CJ.

They are different from Hyundai in that they are not that big. Most of them are retail brands, and their non-retail profits are not that high. They belong to the category that is easier to fall first in malicious competition, especially when the attacker itself When they are stronger than them, it will be difficult to resist.

SM also belongs to this category of companies that are relatively vulnerable to "persecution". Part of the profit model of the entertainment industry is similar to that of retail, and the stains on artists have a great impact on the company. It is similar to the concept of brand reputation problems, such as endorsement There will definitely be fewer such big earners, and a lot of fans will have to run away. If there is no way to make a comeback in the future, this artist will be useless in terms of revenue.

This is also the reason why Li Xianyin did not plan to vigorously develop the traditional Korean entertainment industry from the very beginning. It is possible to be brilliant for a while just by cultivating artists, but it is also possible to return to the pre-liberation overnight. There is no industry to make people feel at ease.

After Lee Mi-kyung stepped down, Lee Hyun-yin didn't wait for CJ's next move, and directly ordered Kim Jung-kyung to transfer the money and start to act!

The 500 billion was divided into three parts, of which 20 billion was used to honor some key people.

Of course CJ is rich, but the newly established TV station is not 100% owned by them. It is true that the Korean economy is controlled by the chaebols, but the chaebols also have to maintain good relations with some key official figures. When necessary, It is a normal operation to give some shares to others to ensure that the other party's review program can be given the green light.

In the TV station that is about to open, M-netMedia, a media company under CJ, holds 30.00% of the shares, Lee Mi-kyung herself holds 20.00%, her brother Lee Jae-hyun holds the shares, and the remaining 30.00% is scattered among several viewing stations. In the hands of people who seem to be unrelated.

Li Xianyin spent 20 billion on these people, of course not to buy their shares, not to mention that this amount of money can't buy many shares at all, even if he could buy them, he wouldn't buy them.

Although Korean movies do not have a censorship system, TV programs have age stratification. R18-level programs are basically broadcast at night. Ordinary variety shows have to undergo double censorship inside and outside the TV station before they are broadcast. It is very beneficial for the operation of the TV station that the official figures join the chariot, and Li Xianyin does not intend to change this.

The 20 billion is just a disguised hush money for these people, to ensure that they don't come out to make trouble when the TV station changes hands.

Of the remaining 480 billion, 300 billion is used to acquire shares in M-netMedia.

The name of the TV station is now decided and it is called M-net, which is no different from the previous life. As one of the controlling parties, MM is already a listed company, and its shareholding structure is also relatively complicated. It's quite big, and it's not difficult to buy shares one-on-one.

Especially the recent series of negative news. Samsung’s stock has fallen. It is unreasonable for CJ not to fall. The public’s disappointment with them is getting bigger and bigger. Every day the stock market opens in green. Even if there is no limit, the situation is not optimistic. , At this time, the price paid for buying M-netMedia in the secondary market is much lower than expected, and more than 9% of the shares can be bought in a short period of time.

Because it is a secondary market purchase, if you buy more than 5% of the shares at once, CJ will be told that someone is buying their shares in large quantities, even though it is a subsidiary, so you will naturally be vigilant.

It doesn't matter, Li Xianyin just wants to make them vigilant, how can they exchange benefits if they are not vigilant.

Today's CJ is surrounded by Samsung everywhere, and there will be people who want to take a share of the pie. In order to settle those troubles, they have to spend extra money to settle them, so that the brand that has been painstakingly managed for many years can continue to operate. If it continues, it will not be completely destroyed in this catastrophe.

I also want to know how short of cash flow CJ is today. Their money is definitely not enough. They must give up something in this crisis. They must try their best to keep famous brands like Tous Les Jours. M- NetMedia, a media subsidiary, can't be completely sold. Seeing that an entertainment industry chain is about to be fully formed, it is impossible for the CJ Li family to be willing to easily take advantage of others.

Fortunately, Li Xianyin's ultimate goal is not M-netMedia, he just wants to exchange MM's shares for the TV station's shares at the last moment. After all, the TV station is not listed, and most of the shares are in the hands of CJ. The most efficient way.

Compared with the many industries under CJ, a new TV station that has just been established and has no income is indeed the bottom of the entire group. Even if everyone knows that Li Meijing has put a lot of energy and effort into it, they also know that there is a Holding a TV station in your hands will greatly promote the entire industry chain of the entertainment industry.

But no matter how you understand it, it is an invisible and intangible future.

People always have to look at the reality. The reality today is that Lee Mi-kyung, who wants to start a TV station, is going down temporarily. The new group leaders are the uncles of Lee Mi-kyung and Lee Jae-hyun, and this Mr. Kim, who is so obsessed with the world, doesn't want to Instead of defeating those coveters in business, he took a slant and frantically bribed all kinds of official figures, and even got the president's idea at one point.

However, his various unconventional behaviors have really achieved results. I don’t know how to make people complain. The reaction of Korean officials to money and power is so real. Sometimes I can see that Li Xian needs to take advantage of this Their merchants were all speechless.

There is no doubt that the newly appointed Mr. Jin has business literacy, but now that the general trend is the trend, he thinks that he can’t change anything from this aspect. If he accidentally overturns, the entire CJ will be finished within a year. route" is better.

Under this insurance route, it is easy for him to give up some trivial things first. The TV station is Li Meijing's ideal, and it has nothing to do with him. He is only responsible for stabilizing the group during this dangerous time, and he can control other development and growth. no.

In the midst of the chaos, Li Xianyin continued to buy from various places, increasing his holdings of M-netMedia shares to 11.3% in a short period of time.

It looks easy and freehand, but these shares cost him a total of 300 billion. MM has a lot of fixed assets, was established earlier, and has some Hollywood channels, so the market valuation is not low.

It's just that the stock price has fallen, otherwise the 300 billion in the secondary market of MM doesn't know if they can buy enough shares...

Not to mention Kim Jeong-kyung, who is really in the business, even Wu Zhibin, who is watching, is nervous because of the large amount of funds being transferred.

Li Xianyin didn't dare to relax at this time, but it wasn't because of the amount of money. Even if the investment of 300 billion could not be exchanged for a TV station, it would not be a loss if it was hung on the MM who is now in a low net worth, and it was even a good investment.

It's just that for Li Xianyin, whose goal is to make a shot, it's useless to talk about the return on investment at this time. If you see the TV station, you shouldn't shift your focus. It's better not to eat what's in the bowl and watch what's in the pot Dry.

S.MRE did not cover up the matter of buying MM shares. Now there are quite a few people who have taken action against CJ. There are not many more of them. At most, some people say that they are brave. Not long after he completed the acquisition, Li Jianxi was finally summoned up.

Although the prosecutor decided not to imprison Li Jianxi because of insufficient evidence because of his old age and heart disease, the level of interrogation was only improved, but the Internet is still the same as the Chinese New Year, feeling that the public has successfully kept a criminal out of prison one step closer.

This short-term sense of achievement will make the public more motivated. I don’t know if Li Jianxi has anticipated this when he delays time and tries to let time blur the attention of the public.

The further interrogation by the real power of Samsung relieved some of the pressure on CJ and allowed him to disperse his energy to deal with more matters. It was at this time that Li Xianyin received a call from CJ.