The battle for traffic in Chinese entertainment

Chapter 400 Our SM child is home!

Lin Yuna: [Have you arrived at the company yet? ]

Xu Xing: [I'll be downstairs right away.]

Lin: [[Touched][Touched][Touched] So excited! ]

Xu: [So excited! [Touched][Touched][Touched]]

Lin: [[Laughing] Mr. Xu Xing, what are you feeling now? You left SM Entertainment as a trainee who had not debuted yet, and now you are back as a world-famous superstar. You must have a lot of emotions!]

Xu: [Should we go over the words in advance?]

Lin: [This is my personal interview. [Cute]]

Xu: [My thought was what Nuna would think when she saw me.]

Lin: [[Question]]

Xu: [What would you think? Nuna? [Poor]]

Lin: [Playing tricks. [Laughing]]

Lin: [[Kiss][Kiss][Kiss]]

Xu: [[Kiss][Kiss][Kiss]]

As soon as I replied, the car stopped under a building.

SM Entertainment has been operating in this building in Apgujeong, Gangnam District, Seoul for 20 years, but will move out next year, ending an era.

The last time Xu Xing went to South Korea was after he acquired a film and television company. He came over to chat with the management and had a meal.

He visited privately and left after staying for half a day, but the paparazzi from D agency still took a photo of him outside Lee Seung-ri's nightclub. The photo was released at the critical moment of Heo Xing's downfall last year, which brought him a lot of trouble.

This time he came to SM openly, and the paparazzi from D agency should already be nearby.

get off.

Seeing Lee Soo-man coming downstairs with several executives to receive them, Xu Xing nodded slightly with satisfaction.

Although Heo Xing is easygoing, if she agrees to such an unnecessary invitation, she must show respect for the celebrity's status. If she doesn't see Lee Soo Man, Heo Xing will just turn around and get in the car and leave.

When I left five years ago, I left alone, but now the president comes to pick me up in person. This kind of boring fun is really interesting.

Li Xiuman walked up with a smile on his face and shook hands warmly.

"Our SM child is home!"

Xu Xing almost couldn't hold it in.

It is worthy of being the favorite family of family fans.

In fact, he liked to do this when we met before, the difference was that in private he called me SM's son-in-law.

All kinds of sighs and groans made Xu Xing think of ways for Lin Yuner's development, and then think of ways for Lin Yuner's younger brothers and sisters, who were also Xu Xing's younger brothers and sisters.

He spoke affectionately, but his mind was full of business.

However, Xu Xing originally wanted to have his own channel to enter the Korean entertainment industry. Lee Soo Man felt that he was a local boss and would definitely make money. Xu Xing, with his foresight, wanted to earn some pocket money in the upcoming Korean entertainment boom, which was a win-win situation for both parties.

This time, Lee Soo-man didn't say what he wanted to talk about, but he had always wanted to invite Heo Xing over and urged her every time they contacted.

Xu Xing just treated it as a transit in Korea and took some time to come here.

Therefore, the overall atmosphere is one of joy.

While talking, he went upstairs.

It was mainly Lee Soo-man who was speaking.

He said that he recently found the video of Xu Xing when she was a trainee in the company. The more he watched it, the more regretful he felt. He also found the supervisor who managed Xu Xing at the time and scolded him.

"The loss of the company's most precious treasure is an unforgivable crime!"

Huff~
Suddenly a faint laugh was heard.

Lee Soo Man turned his head with an unchanged smile, and Xu Xing also turned around to look curiously.

The trainees who came here at this time dared to hide behind a group of people and eavesdrop, and even laughed out loud. They were really fearless.

Well, after identifying it, Xu Xing understood.

The girl in front of me with a blushing face and lowered head is the concept core of SM's next girl group, Liu Zhimin.

Born into a military officer's family, he was already a small internet celebrity on Instagram before joining SM. In February this year, he appeared in the MV of his senior Lee Taemin, and has accumulated experience on more than 2 stages. Before his debut in his previous life, chat records were exposed in which he complained about the company and insulted his seniors, but he was still managed to debut as an extraordinary royal family member by SM.

Li Xiuman looked slightly angry, and an executive immediately pulled Liu Zhimin away, as if to criticize and educate him.

Lee Soo Man then smiled again and explained.

"Children nowadays are becoming more and more difficult to discipline. But this is only an isolated case. Our management is still as strict as before."

"So she probably won't be able to debut. Artists who are prone to accidents will bring more trouble after their debut."

Xu Xing teased.

"Hmm..." Lee Soo Man drawled, "These kids have put in so much effort and sweat for their dream of debuting. We can't take away their dreams just because of something like this."

"Yes."

Xu Xing agreed.

Seeing that Xu Xing didn't seem to be really angry, Lee Soo Man smiled.

"In other respects, they are all very good children."

"Have you already secured a spot to debut in the next girl group?"

Xu Xing asked.

Lee Soo Man nodded first.

"Let's wait and see. You know, it's not as easy as it was in the past. We have to be more cautious with the next combination."

The failure of NCT and the lukewarm popularity of Red Velvet have caused SM to not launch a new group for three years. Instead, they have continued to add members to NCT, which has an infinite expansion concept, and they are still adding members until 2024, but the group is becoming more and more unsuccessful.

Liu Zhimin complained to her bestie, “Our company is really going to be ruined,” which was also SM’s reaction during this period.

So, Xu Xing decided to encourage him.

"Let the next group restore the glory of girl groups and make SM strong again!"

"Hmm?" Li Xiuman was stunned for a moment, then he laughed and patted Xu Xing's shoulder, "I definitely will! Our own children are always thinking about their own family!"

"..."

Alas, Xu Xing is still not used to such corny words.

"You think she's nice too, right?"

"Ok?"

"The trainee just now."

"Yes."

"Impressive?"

“Very recognizable.”

Let’s not complain about Yoo Ji-min’s royal family anymore, her star power among the fifth-generation Korean girl groups is also real.

After going up, Xu Xing saw Lin Yuna who had rushed back specially.

With Lin Yoona accompanying her, Xu Xing continued to listen to Lee Soo Man chatting about family matters, SM's family matters.

No matter how difficult it has been for SM to develop recently and how hard he has worked to run the company, the only thing that makes him happy is that SM's two children are shining in China, and he mentioned Hou Minghao.

Thank you Heo Xing for investing in Yoona's filming and for bringing Red Velvet to the Coachella Music Festival.

Just when we started talking about Red Velvet, there was a knock on the reception room door and the Red Velvet members were brought in, everyone with a bright smile on their face.

Bend neatly.

"Hello, senior!"

In fact, they are the seniors. They were all Xu Xing's trainees at the same time. Their debut made all the trainees envious.
Red Velvet had already debuted before Heo Haung left SM, and three of the five members were older than Heo Haung.

But I heard that there is a sequence in the way of knowledge, and those who are more knowledgeable should be the first!

As far as I can remember, Xu Xing had met almost all of them. At that time, they just glanced at him without paying much attention, and if they thought he was handsome, they would just take a second look.

Now her eyes are filled with nervous excitement.

Relatively speaking, Ms. Bae Joo-hyun's smile is the most reserved.

Although Red Velvet has not been very popular for almost five years since its debut, Bae Joo-hyun is still very popular.

Thanks to her face, she has been shortlisted for the Gallup National Favorability Survey many times. Last year, she danced to "Havana" in a white dress with a big red flower on a variety show. She became even more popular in South Korea and also became well-known within a certain circle in China. At the beginning of this year, she also won the advertisement for the Korean national brand Jinro Soju.

In her previous life, she reached the top of Twice and Blackpink one after another. After the bullying scandal broke out, she was still able to compete with Kim Jisoo for the fourth-generation beauty crown. It was not until she finally went solo that her bubble was burst.

This is the peak of Ms. Bae Joo-hyun's career as an artist.

He was a celebrity during his trainee period. I have to say, but in my memory, the look in his eyes when he glanced at Xu Xing was cold, and he really did feel like a born bully.

In Xu Xing’s memory, he thought she was very beautiful, but in Xu Xing’s current view, she was just so-so.

He is short and his proportions are not good.

Xu Xing still thinks her Kim Ji-soo is prettier, and her Lim Yoona is also prettier than her.

Lee Soo Man said that they were supposed to leave yesterday to rehearse the stage, but because Heo Haung was coming today, they waited an extra day and would soon rush to the airport to fly to the United States. He also asked Heo Haung to take good care of them when they go to Coachella.

Xu Xing agreed.

Then I took a photo with them.

Ms. Bae Joo-hyun's eyes changed after Heo Xing stood up. She wanted to stand next to Heo Xing, but unfortunately the height difference made the visual effect really bad.

But there was no way she would give up her position.

So I tried to stand on tiptoe.

At the moment the photo was taken, it seemed that she had been standing on tiptoe for too long, so she put her hands behind her back to support Xu Xing's waist to maintain her balance.

When she finished taking the photo, she looked at Xu Xinglue and smiled awkwardly.

Unfortunately, Xu Xing didn't look at her, but sat back next to Lin Yuna.

Lin Yuna always kept a sweet smile.

After they left, Lee Soo Man made some further comments, saying that he believed Red Velvet's development had reached a critical period, so this Coachella concert was crucial, and thanked Heo Xing again.

The topic then shifted to Yoona, from her transformation as an actor to the unsuccessful development of SM's actor department and film and television production. They hoped that Xu Xing could help open up channels for them to cooperate with Netflix.

"I plan to convince the shareholders to reward Yoona with some shares for her contributions to the company over the years, just like her predecessor BoA did. This won't be easy. But if I succeed, SM will belong to Yoona, and we'll be a real family!"

As soon as Lee Soo Man finished speaking, Lim Yoona spoke with a look of shock on her face.

"No, I didn't want to—"

"Yoona, you are worth it!"

Li Xiuman interrupted her with a kind face.

"No," Lin Yuner looked at Xu Xing with an embarrassed look, "I..."

Xu Xing held her hand, smiled at Lee Soo Man, and then sighed and complained.

"I know what you mean, but there's no need for you to say this in front of Yoona."

"I want Yoona to know how good you are to her."

Lee Soo-man smiled even more kindly.

……

This real purpose did not surprise Xu Xing.

After the news that Netflix planned to increase its investment in South Korea due to the success of "Kingdom" spread, South Korean film and television companies rushed in like sharks seeing blood.

The producer of "Kingdom" also talked about how good Netflix's production process is in an interview. They just pay and don't ask any questions. If there is an overspending, they just increase the money.

——In fact, this is also a press release from Netflix to attract Korean film and television companies. It is impossible for them not to control the project internally.

Xu Xing's production company in South Korea naturally easily got the internally reserved project quota.

In the previous phone calls, Lee Soo-man hoped that Heo Xing could act as a matchmaker and also proposed the idea of strengthening cooperation in film and television, such as SM investing in Heo Xing's company.

——SM has always been lagging behind in film and television production. If they can seize the opportunity to go online and develop this aspect, SM can be said to have a second life.

Of course Xu Xing also refused.

It now seems that his idea is to exchange part of the shares between SM and the film and television company. Judging from the fact that he specifically mentioned BoA, he still wants to use a very, very, very small part of SM's shares to exchange for the majority of shares.

After all, Baoer's 0.04% stake is just symbolic.

Then SM’s shares can be held by Yoona.

It's quite funny.

Xu Xing was willing to come here, and he did have the idea of working with Lee Soo Man in his mind.

Although that production company was able to get Netflix's project, if they want to be able to start a business in Korea and not just do a project that simply cheats Netflix out of money, they must still cooperate with their local companies.

But that is also based on equal exchange.

It is impossible for Xu Xing to give SM shares for free just for Lim Yoona. If he really wants to give shares to Lim Yoona, it would be easier for Xu Xing to give them directly to the production company.

After Lee Soo Man finished speaking, he tactically received a call and temporarily left the reception room, leaving only Heo Xing and Lim Yoona.

After he left, Lin Yuna immediately started to explain.

Xu Xing stopped her with a gesture, pointed to his phone and asked her to chat on it.

Xu Xing comforted Lin Yuna on the phone and told her not to think too much.

Lin Yuner repeatedly stressed that she really didn't want the shares and she didn't know what happened today. Xu Xing also kept telling her that he believed in her.

After a while, Lee Soo-man came back and asked about Heo Xing's plans for the evening.

"Penguin Group and Kakao Group are having a private dinner tonight. I've already agreed to go, so I won't bother hosting them."

Xu Xing smiled.

“SM’s kids are just so amazing!”

Lee Soo Man kept smiling and patted Xu Xing's shoulder affectionately.

The dinner party was real.

After Xu Xing came to South Korea in a swagger, he received countless invitations from various consortiums and companies, from Samsung to BigHit. Xu Xing chose someone who had a close relationship with Yu Murong in Penguin Group.

There is no need for Xu Xing to cooperate with SM, but cooperating with SM will be Xu Xing's personal cooperation with them.

Just make some quick money for a while.

Using other channels seems to be a big deal, which is quite boring.

But when Liu Cheng comes to talk again, if Lee Soo Man is still so naive and treats Xu Xing as an idiot, Xu Xing will be boring.

……

When leaving SM, Lee Soo Man personally sent Xu Xing to the car as enthusiastically as he did when he came.

The dinner was rather boring because it was attended by people close to Yu Murong, and there was no plot to have women accompany them.

After the dinner, Xu Xing boarded a red-eye flight to Europe.

Keep going to boring dinner parties.

　It's only 4k, and Christmas is considered a holiday...

　　I will try to update it tomorrow. If I can't update 8k, I will definitely update 6k.

　　Thanks to 20220818022050091, Ice and Snow Changjin Lake, fjly, Wuxin Wuxin Wuxin, Bai-Yu, Qie Xing Ru Feng, Wufa Tubu for their monthly tickets! Thanks to everyone for their recommendation tickets and subscriptions!

　　
　
(End of this chapter)