The Underground Emperor: Starting from Running Away with Sister-in-law

In South Korea and even in Asia, girl groups' ability to generate money and cash in is astonishing!

First up is music sales.

Including various online and offline albums, as well as the long-term income from album copyrights. The more popular the girl group, the more expensive the album sells, and the higher the income from the album copyright!

It seems like in another time and space, a girl group can sell millions of copies of an album in just a few weeks.

It’s great to produce two or three albums every year!

The second thing is the concert.

By the same token, the more popular the girl group’s concert, the more expensive the tickets are!

The concerts here include official national tours, as well as commercial performances by companies or groups...

As we all know...

Once a girl group becomes popular, they have no menstrual period and work non-stop for 365 days.

This is fucking living cash flow!

Next comes advertising endorsements.

They are all relatively well-known luxury brands in the market.

In the early days, girl groups probably mostly accepted domestic endorsements, and due to the influence of the contempt chain in the South Korean entertainment industry, the endorsement fees would not be too high.

But there are definitely enough of them!

As the girl group’s fame grows, the endorsement fees will also increase.

Especially foreign endorsements.

They don’t care about the contempt chain in the South Korean entertainment industry, they only care about fame!

Except for these big heads.

There are also some sources of income that may not be very noticeable but are very profitable.

Like social media interactions, fan meetings, autograph sessions, idol peripheral sales, idol support meetings, etc...

These seem to be some benefits given back to fans.

Actually...

There are companies behind the girl groups operating...

Let's take the simplest example...

Even the light sticks that fan groups wave in their hands during concerts have the company’s shadow behind them.

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

Ding Xin asked curiously, holding a cigarette in his mouth.

If it weren't for what Wu Xiuyan said, he would never have thought that film and television companies could still make money from light sticks...

After hearing Ding Xin's question, Wu Xiuyan flipped open two pages of her notebook, looked it up for a moment, and gave an answer that surprised Ding Xin...

"So far, it's nearly 1 billion won..."

"so much?"

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

This is almost as much as the annual turnover of a casino in Jiangnan District.

Isn’t that a bit exaggerated?

“This is normal, there will be more in the second half of the year!”

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

Since March this year, the company has planned a domestic concert tour for them, and so far 50 concerts have been held...

On average, the number of spectators per show is close to 8,000 people...

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

Each light stick sold for 20,000 won, which means that the light sticks alone sold nearly 16 million won in one concert...

In other words, the income from the light sticks from 50 concerts reached 800 million won...

The cost of a light stick is very low. Even if it is custom-made, the cost of one is less than 500 won...

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

Wu Xiuyan spoke slowly, but Ding Xin became more and more surprised the more he listened.

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

What about things like uniforms for fan clubs and customized souvenirs? Are these all possible?

This question did not last long.

Wu Xiuyan gave a positive answer and said that it was already being sold.

at the same time...

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

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

After fifty concerts, the ticket revenue alone was about 20 billion won. After deducting necessary expenses including venue fees, the net profit reached 13 billion won.

The total profit from endorsement advertising, peripheral sales (such as light sticks), autograph sessions, and cooperative performances is 8.7 billion won.

in other words...

Putting aside the income from music copyrights, the current visible income alone has reached 38.4 billion won...

terror!

This is just like picking up money!

To know...

This is just the revenue brought by the girl group Girls' Generation.

Besides, this girl group just debuted not long ago...

Now, besides Girls' Generation...

Girl groups such as Wonder Girls (Shinhwa), T-ara, and Kara within the company are also beginning to emerge.

Even if the revenue it can bring in the future is not as good as Girls' Generation, it will not be much worse.

By that time...

Golden Gate Films has really become a hen that lays golden eggs...

However...

Just as Ding Xin was daydreaming, Wu Xiuyan's next words cooled his mood a little...

......

Chapter 371 Under investigation

"Ah Xin, I have a problem that I need to talk to you about. Our company's inventory of lyrics and music is insufficient..."

"Ok?"

Ding Xin didn't react for a moment.

"So far, our company has not had a writer who can continuously produce high-quality music lyrics and music. Previously, we had to cooperate with external music studios..."

Wu Xiuyan opened her red lips and explained softly, "The lyrics and music of the studio need to be booked in advance. We can barely support the debut of only one or two girl groups, but if we want to continue to develop girl groups, we must have our own gold medal songwriter..."

“Then go recruit!”

Ding Xin raised his eyebrows and said puzzledly: "Isn't it just a matter of money? Just do it as you see fit..."

However...

Wu Xiuyan shook her head: "The recruitment work is still going on, but it is really hard to find good songwriters..."

"Then what do you mean?"

Ding Xin knew that every time Wu Xiuyan took the initiative to mention the difficulties she encountered at work, she would always prepare corresponding solutions in advance.

But she herself found this plan a little difficult to decide.

"In fact, I have had some contact with some well-known music producers recently, and I want to recruit them directly to our company, but their conditions are quite demanding..."

Wu Xiuyan said thoughtfully: "It's not just a matter of money. Some of them asked for shares in the company, and some asked for a share of the album sales..."

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

But since the nature of Kinmen Film and Television is special, Wu Xiuyan is not sure about Ding Xin's attitude.

"That's it..."

After hearing what Wu Xiuyan said, as she expected, Ding Xin's first reaction was to send people to kidnap those so-called famous music producers.

Then get a little more hands-on and ask them what they really want.

But think about it and forget it.

after all...

Creation of this kind of thing depends on inspiration, and you really can't just play around with it.

Maybe he'll be so scared that his brain will go stupid and become useless.

After a few seconds of hesitation, Ding Xin made a decision: "I can't have company shares, but I can have a share of the album sales. It's up to you to decide how to negotiate. In addition, we can't give up on recruiting songwriters..."

"I see!"

After hearing his words, Wu Xiuyan understood what was going on.

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

Compared with the rapid progress of film and television companies.

The business conditions of those entertainment venues managed by the Xinyi faction are very average.