The Peninsula chaebol started by rescuing Samsung's little princess.
Chapter 32 They're all old foxes
"What exactly is going on? Where did this Mars website come from?"
Why target TVXQ repeatedly?
Inside the CEO's office at SM Entertainment, Kim Young-min, who looks remarkably like a younger version of director Chen, is currently unleashing a furious tirade against his subordinate across the room.
Like JYP Entertainment, when you mention SM Entertainment, the first thing that comes to mind is its founder, Lee Soo-man.
However, although Lee Soo-man is SM's largest individual shareholder, he has never served as SM's president, CEO, or representative director.
In fact, SM Entertainment also has its own three driving forces: Lee Soo-man, Kim Young-min, and Nam So-young.
The difference is that all three are in management; they only manage, they don't produce.
The album production itself also involved the legendary Yoo Young-jin!
Compared to the mature SM Entertainment, JYP and YG at this time were more like small workshops, relying on the individual abilities of a single person.
Starting this year, Kim Young-min, the nephew of former President Kim Dae-jung, has officially assumed the role of CEO, responsible for artist management and board system, and is also the company's legal representative.
However, his role as CEO was not very comfortable. He had an emperor above him and several powerful figures below him who were eyeing him covetously, which made him feel constrained in his actions.
Just then, the company's new boy group debuted with poor results, and the company's original cash cow encountered a public opinion crisis, leaving him overwhelmed with all the problems.
"President Kim, I've inquired about it. It seems this website is trying to attract traffic, which is why they dug up this news!"
In reality, they had no real evidence, and the so-called chat screenshots were fake!
Inside the office, the middle-aged man who was being scolded by Kim Young-min was named Lu Xiantai. Although he was not good-looking, he was quite capable.
He was already TVXQ's manager back in 2002, before they even debuted.
"I don't want to hear the reasons, I want to hear how this can be resolved."
Kim Young-min was still furious and continued to question him.
However, Lu Xiantai thought to himself: Why don't you repeat what you said in the previous sentence?
Of course, he didn't say these words out loud. Even if he was very dissatisfied with Kim Young-min, he would not contradict him to his face.
A higher-ranking official can have absolute power over you!
However, Lu Xiantai's silence did not quell Kim Young-min's anger.
Just as he was about to continue his tirade, the office door was pushed open.
"What exactly happened?"
The man who walked in had squinty eyes, black-rimmed glasses, and a medium build; he was none other than Lee Soo-man, the company's founder!
Who would have thought that Lee Soo-man, who was wanted by Interpol just two years ago and had to return to Korea to be investigated by the prosecution, has now made a complete turnaround, and this year he and his family have made tens of billions of won in the stock market.
With money, you stand tall and walk with a confident stride, covering a great distance in a day.
"It's just a small matter, why did you come to the company?"
Upon seeing Lee Soo-man, Kim Young-min's tone softened considerably.
"A trivial matter? My phone has been ringing off the hook with reporters!"
Although Lee Soo-man is not the president, he keeps a close eye on every little thing that happens in the company.
Of course, if he gets kicked out of SM by his nephew 20 years later, that's a different story.
He turned to Lu Xiantai and asked, "Have you contacted that Mars Network? What do they want us to do to get this post taken down?"
Finally, Lu Xiantai spoke to Lee Soo-man, saying, "I've contacted them; they say they want to see you!"
"See me?"
Lee Soo-man was stunned; this condition was truly unexpected.
Lee Soo-man is currently the chief producer at SM Entertainment, and Kim Young-min usually handles negotiations with external companies.
But the other party bypassed Kim Young-min and directly asked to see him, which is quite intriguing.
Upon hearing this, Kim Young-min's face turned green.
What does this mean? Are they looking down on me? I'm the president of SM Entertainment!
More importantly, Lu Xiantai didn't say any of this to me!
"Okay, I see. You arrange a time with them, the sooner the better!"
Lee Soo-man agreed without much consideration.
SM is currently on the defensive. The Park Yoochun incident is escalating and has already affected the entire group of TVXQ. It must be dealt with as soon as possible!
When it comes to crisis management, SM Entertainment is far more professional than other entertainment companies!
"Yes, I'll take care of it right away!"
Lu Xiantai nodded and bowed in response. He then turned and left the office.
However, as soon as the respectful Lu Xiantai stepped out of the office, he straightened his bent back, took out his phone, and dialed a number.
"He agreed, let's set a time?"
-----------------
"How about tomorrow? How about the Shilla Hotel?"
"Okay, I'll pass it on. Thank you!"
"Hyuntae, I'll treat you to drinks another day!"
In the president's office at JYP Entertainment, Hong Seung-sung hung up the phone and looked at Lee Ho-young, who was staring in disbelief, with a smile.
After a long silence, Li Haorong exclaimed:
"No way, Seungsung hyung, you're amazing! TVXQ's manager is your informant?"
Li Haorong could not help but be surprised.
The absurdity of this is like playing a game where the opposing support is your own spy, constantly revealing the enemy carry's location. How can the enemy possibly win like that?
"Of course he couldn't be my informant. I just have a good relationship with him. Recently, he wanted to quit, so we've been talking more."
It just so happened that he asked me about you, and you wanted to contact him, so I acted as a middleman!
Hong Shengcheng spoke casually, but Li Haorong sensed that this matter was unusual.
How close must the relationship be for executives from two rival companies to get together for dinner and a chat after get off work?
At the same time, he thought to himself: These old foxes' connections are truly amazing! Who knows who they know who they are?
However, in hindsight, this was a good thing for him.
"So, Lee Soo-man is planning to see me?"
"Yes, what entertainment company wouldn't be afraid of what you've done?"
The scary thing about rumors is that even if you spend hundreds or thousands of times more, you may not be able to successfully debunk them!
It feels like a dog biting you, and even if you bite the dog back, you can't undo the damage to your injured leg and the rabies vaccine you'll suffer in your buttocks.
It wasn't fatal, but it was disgusting and agonizing!
"Judging from what Shengcheng is saying, are you planning to join our website?"
"Yeah, I'm worried that your website will have a post about Ji-hoon tomorrow!"
Lee Ho-young's post caused chaos and heavy losses throughout SM Entertainment.
If JYP were to do this to them, who could stand it?
Moreover, JYP's ability to withstand risks is much worse than SM's.
Since Rain became a sensation across Asia with "Full House" last year, he has embarked on a solo concert tour across Asia this year, making a fortune for JYP Entertainment.
It can be said that JYP's current status as one of the top three is thanks to Rain's numerous concerts!
If Rain were to experience a similar incident, JYP would suffer an even worse fate than SM!
"Haha, Seung-sung, you're joking. You're my brother's benefactor, how could I do such a thing?"
Li Haorong revealed a kind smile, like an innocent little white rabbit.
Hong Shengcheng didn't believe Li Haorong's assurances at all.
The reason he won't rip off JYP is because the profit isn't enough. If someone offered more money, wouldn't Lee Ho-young do it?
Instead of pinning your hopes on the other party's character, it's better to form a community of shared interests with them.
"That would be perfect. Someone like you can only be a friend, not an enemy!"
"I think so too!"
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