Peninsula: Starting with a silly childhood friend!
Chapter 91: One-on-One Kill of Kim Ye-rin
"Minister Quan, what do you think?"
After the song ended, Liu Baiyuan asked Minister Quan beside him.
The latter replied almost without hesitation:
"good!"
As he replied, Minister Kwon's eyes held a hint of speculation: "If I'm not mistaken, Director Liu is probably planning to write this song for Red Velvet, right?"
"Hmm? What makes you say that?"
"I've been in this industry for quite a few years now. Although I'm in charge of the music copyright department now, that's precisely why I've listened to so many songs. As soon as I heard this song, I knew it had a Red Velvet vibe."
Upon hearing this, a strange light flashed in Liu Baiyuan's eyes, and he nodded slightly while pursing his lips.
Although he didn't understand, he was greatly shocked. What kind of ears did these people have? Park Jin-young was like this, Bae Joo-hyun was like this, and even the minister in front of him was like this...
Are all of them such sharp ears? Or does this song really have such a strong Red Velvet vibe?
"Yes, Minister Kwon's guess was very accurate. This song was indeed written for Red Velvet."
Liu Baiyuan readily admitted that he originally intended this song for Bae Joo-hyun and the others, so of course he had to make it clear. Otherwise, if the song were given to other boy groups or girl groups, wouldn't that be a "loss for the gain"?
"In terms of song fit, there's no problem, but the problem is..."
Minister Quan paused briefly, then said with some difficulty:
"From a producer's perspective, Director Liu, you are still a 'newcomer' after all. Without any published achievements to lay the foundation, we may only be able to conduct song and music transactions through a buyout system."
Hearing this, Liu Baiyuan was not surprised. The reason why Park Jin-young was able to offer Liu Baiyuan a profit-sharing deal was mainly because he was a director of JYP. Firstly, it was to win him over, and secondly, he saw the latter's future potential.
It's primarily a long-term investment, using our current "generosity" to acquire a stable ally and producer.
However, SM did not take this into consideration. His position as a director of JYP meant that his connection with SM could only be limited to cooperation, unless he also held a certain official position in SM.
Since he lacks past achievements to back him up, according to the consensus in the industry, newcomers like Liu Baiyuan are usually only eligible for a buyout.
"A buyout system... then the copyright will also be transferred, right?"
"Well, it seems you have some understanding of the buyout system. If it's a buyout, then we, the buyer, will obtain all permanent copyrights to the work, except for your right of attribution and the right to protect the integrity of the work. You will not participate in any subsequent revenue sharing, but in return, we will pay a lump sum as the buyout fee."
Minister Quan's tone was somewhat unnatural, after all, in the past, the biggest sellers of his songs were those independent music companies from outside, such as Black Eyes Winning.
He spoke with ease and confidence, befitting his position as the head of SM Entertainment.
But Liu Baiyuan... one can only say he's truly an 'outlier'...
Upon hearing this, Liu Baiyuan paused for a moment. "The copyright will be bought too...?"
He was somewhat reluctant to accept this. Although the song was given to him by the mute system, it was still his song no matter what.
If the copyright is sold, then aside from having his name credited, he honestly won't have much to do with the song anymore...
After thinking for a moment, Liu Baiyuan's eyes gradually hardened, and he had clearly made a decision.
Meanwhile, in the practice room downstairs, Bae Joo-hyun was also being tormented by her younger sisters.
"Hey! Unnie, you're laughing at me! You're afraid of bugs too!"
"What am I afraid of! Last time we killed cockroaches in the dorm, I was the one who did it!"
"Aish... how dare you say that?! If I hadn't been lucky, I almost died in the dorm that time!"
"In the end, wasn't it me who saved you from that predicament...? As for how that predicament came about, that's none of your concern..."
Because they were quite tired, the Red Velvet members, led by Bae Joo-hyun, sat down on the sofa to rest.
The scene was supposed to be beautiful, but what was abruptly interrupted was that Park Soo-young and Kim Ye-rin, these two bickering lovers, were sitting on the sofa arguing because, for some reason, they suddenly started talking about insects. To be honest, all five members of Red Velvet are actually quite afraid of insects.
But Park Soo-young just happened to pick on Kim Ye-rin, the maknae (youngest member)...
Sure enough, the two started arguing instantly, but the biggest victim of their fight was actually Bae Joo-hyun, because Park Soo-young and Kim Ye-rim were sitting on either side of her...
"Hey! You two, shut up!"
Finally, unable to bear the noise any longer, Bae Joo-hyun called a halt to the two of them. Just as she was about to continue her "output," her phone suddenly beeped with a notification sound.
However, when she opened her phone to check, she discovered that the message was from Liu Baiyuan.
His message was also very concise, consisting of only two words.
"Done."
Looking at the two words in front of her, Bae Joo-hyun paused for a moment before realizing that he was talking about the song.
"What's wrong, unnie?"
When Son Seungwan saw Bae Joo-hyun pick up her phone, she seemed to be frozen in place and asked in confusion.
When Bae Joo-hyun was called, she suddenly snapped out of her daze, silently turned off her phone, and said something completely abrupt:
"It's nothing, it's just... I might be getting some work done soon."
As she spoke, the corners of Bae Joo-hyun's lips curled up almost imperceptibly...
On the other side, Liu Baiyuan also walked out of the SM building. He finally agreed to the plan proposed by Minister Quan and sold the song to SM. As for the reason, the song was given by the mute system after all, but judging from his guess, it was not a one-time product.
Perhaps when the progress bar reaches a certain threshold, there will be another "distribution".
We just don't know what that threshold is yet.
As for the price offered by SM Entertainment, it hasn't been decided yet. According to Manager Kwon, further discussions are needed. However, based on his estimate, the song might fetch between five and ten million Korean won...
Before long, he drove back to JYP.
SM wasn't his territory, so he was somewhat reserved, but he clearly relaxed a lot when he returned to JYP's building.
He took the elevator to the third floor, and his destination was already quite obvious.
Boom boom boom!
"Please come in!"
A familiar voice came from inside the practice room. As the door opened, the eyes of the nine people inside immediately turned to the doorway. However, when they saw who had entered, they all froze for a moment.
Hirai Momo exclaimed in surprise, "Oppa?!"
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