The Underground Emperor: Starting with Running Away with His Sister-in-Law

Things like social media interactions, fan meetings, autograph sessions, idol merchandise sales, idol support groups, etc...

These all appear to be perks or benefits offered to fans.

Actually...

These girl groups are all run by companies behind them...

To give a very simple example...

Even the glow sticks waved by fan groups at concerts have the company's involvement behind them.

"So, how much money did the company make selling glow sticks?"

Ding Xin, with a cigarette dangling from his lips, asked with some curiosity.

If it weren't for Wu Xiuyan's account, he would never have imagined that film and television companies could make money from glow sticks...

Upon hearing Ding Xin's question, Wu Xiuyan flipped through two pages of her notebook, glanced at the information for a moment, and gave an answer that greatly surprised Ding Xin...

"So far, it's nearly one billion Korean won..."

"so much?"

Ding Xin opened his eyes slightly and unconsciously sat up straight.

This is almost equivalent to the annual revenue of an entertainment venue in Gangnam District.

Isn’t that a bit too exaggerated?

"This is normal; there will be even more in the second half of the year!"

Wu Xiuyan smiled and explained softly, "Take our company's most popular girl group right now, Girls' Generation, for example..."

Starting in March of this year, the company planned a domestic concert tour for them, and so far, fifty shows have been held...

On average, each show has nearly eight thousand attendees...

Basically, one in ten viewers will buy our company's specially customized glow sticks...

A single glow stick sells for 20,000 Korean won, meaning that a single concert would generate nearly 16 million Korean won in revenue from glow sticks alone...

In other words, the revenue from glow sticks alone reached 800 million Korean won from the 50 concerts...

The cost of glow sticks is very low; even custom-made ones cost less than 500 won per stick...

Therefore, this alone brought our company a profit of 700 million Korean won..."

Wu Xiuyan spoke slowly and deliberately, while Ding Xin became more and more surprised as he listened.

If glow sticks can sell for this much money...

Are things like uniforms for fan clubs and customized souvenirs acceptable?

This question didn't last long.

Wu Xiuyan gave a positive answer, saying that it is already on sale.

at the same time...

She also summarized the profits that Girls' Generation brought to the company in the first half of the year.

The album sales revenue was approximately 28 billion Korean won, and after deducting necessary costs, the net profit reached 16.7 billion Korean won.

After fifty concerts, ticket revenue alone amounted to approximately 20 billion Korean won. After deducting necessary expenses, including venue fees, the net profit reached 13 billion Korean won.

The total profit from endorsement advertisements, merchandise sales (such as glow sticks), autograph sessions, and collaborative commercial performances amounted to 8.7 billion Korean won.

in other words...

Leaving aside music copyright revenue, the currently visible revenue alone reaches 38.4 billion Korean won...

terror!

This is practically picking up money!

To know...

This only represents the revenue generated by Girls' Generation as a single girl group.

Besides, this girl group has only just debuted...

And now, besides Girls' Generation...

Girl groups within the company, such as Wonder Girls, T-ara, and Kara, have gradually begun to emerge.

Even if the future benefits don't match Girls' Generation, they won't be too far behind.

By that time...

Kinmen Film Company has truly become a golden goose...

However...

Just as Ding Xin was lost in thought, Wu Xiuyan's next words cooled him down a bit...

......

Chapter 371 Under Investigation

"Ashin, there's a problem I need to discuss with you. Our company's inventory of lyrics and music is running low..."

"Ok?"

Ding Xin didn't react for a moment.

"Our company hasn't yet produced a single songwriter who can consistently deliver high-quality music; we've always collaborated with external music studios..."

Wu Xiuyan parted her red lips slightly and explained softly, "The studio's lyrics and music need to be booked in advance. We can barely support it with only one or two girl groups debuting, but if we want to continue developing girl groups, we must have our own top-notch songwriters..."

"Then let's go recruit!"

Ding Xin raised an eyebrow, puzzled, and said, "It's just a matter of money, you can handle it yourself..."

However...

Wu Xiuyan shook her head: "The recruitment process is ongoing, but good songwriters are really hard to find..."

"Then what do you mean?"

Ding Xin knew that whenever Wu Xiuyan brought up a problem she encountered at work, she would always have a corresponding solution prepared in advance.

However, she herself found it difficult to make a decision on this plan.

"Actually, I've had some brief contact with some well-known music producers recently, hoping to poach them directly from our company, but their conditions are all quite demanding..."

Wu Xiuyan said carefully, "It's not just about money. Some of them are asking for company shares, others for a share of album sales..."

In fact, this is a normal cooperation condition in the industry.

But given the unusual nature of Kinmen Films, Wu Xiuyan was unsure of Ding Xin's attitude.

"That's it..."

As expected, Ding Xin's first reaction after hearing Wu Xiuyan's words was to send people to kidnap those so-called famous music producers.

Then use some tactics to ask them what they really want.

But think about it and forget it.

after all...

Creativity relies on inspiration; you really can't just play around with it like that.

Who knows, it might scare you so much that you'll lose your mind and become useless.

After a few seconds of contemplation, Ding Xin made a decision: "Company shares are out of the question, but album sales revenue sharing is acceptable. You can decide how to negotiate. Also, we can't neglect hiring songwriters..."

"I see!"

With those words from him, Wu Xiuyan understood the situation.

After discussing the film and television company, Wu Xiuyan gave a brief report on the entertainment company's situation.

Compared to the rapid progress of film and television companies.

The entertainment venues managed by the Faith Faction were not doing very well.

There is nothing we can do about this.

The overall environment is what it is.

The venue's overall revenue has decreased by more than 10% compared to last year.

However, compared to the previous few months...

Overall, things have improved somewhat.

Given the continued market downturn, it's quite remarkable that Wu Xiuyan has managed to run her entertainment venue to this extent!

.......

The company matters have been discussed.

Ding Xin picked up the teacup in front of him, took a sip to moisten his throat, and asked, "Has that old bastard Du Yuanfeng still been transferring the secret funds to you on time lately?"

"Yeah, I'm always pretty punctual..."