My girlfriend is an idol

Chapter 1281: The Connection Between BamBam and the JYP Crisis

"No, you just need to bring Mina back. Just use the reason... The company wants her to participate in the new women's team plan, which requires preparation and training in advance. As for BamBam, just leave him alone..."

Speaking of this, Park Zhenying is already expecting silently in her heart, and I hope that Mina doesn't have much contact with BamBam.

Otherwise, with the attitude of Li Xianzhe protecting Mina from the harassment of this senior.

If it were discovered again this time, it would not only be as simple as breaking the limbs.

"JYP needs children with integrity and kind-hearted character. At first, they looked at dancing well before they recruited you into the company.

Who would have thought that in the past three years, I would have caused so much trouble again and again.

Although my right to speak is not as good as before, it is not enough to make you unscrupulous..."

In the original plan, JYP planned to launch three boy groups last year under the "Get7, Sixmix, FiveLevel" project.

However, due to the company's crisis, Park Zhenying merged the two of the JJProject that had already debuted with the remaining five trainees and launched it in the form of Got7.

But so far, this combination has not met his expectations.

Although the debut album was released, it topped the US Billboard album chart.

But in South Korea, it seems that many people are not interested in this combination.

Compared with the sensation caused by his two predecessor groups 2AM and 2PM when they debuted, the difference is not only a star and a half.

For this reason, Park Zhenying was disappointed and began to give part of the resources to MissA and Suzy who were still in full swing.

The other part is to separate out and start to concentrate on preparing for the new women's team.

Just half a year has passed, and the company is facing an unresolved crisis, and it is getting lower, and even the price per share is not as good as a glass of Frappuccino.

(When Got7 debuted, the price per share of JYP was 4770 won, or about RMB 28. During that time, the Korean media reported the news that'JYP is about to close down').

Park Zhenying, who is a little impetuous, has no hope for Got7.

Even the operation of this combination was handed over to Zheng Xu.

I concentrate on preparing for the variety show "Sixteen" to be broadcast next year according to the "Twcie Project" left by Lee Hyun-cheol.

At this moment, Jiang Qingrun called.

Some reporters are mixed to a certain extent, even the presidents of big companies dare not slacken their efforts.

"Now, it's time to drive you out."

Muttering slightly, Park Zhenying opened her eyes, and a cold light flashed past.

I have never been as aggrieved as at that time when I wanted to expel a person from the company.

The president of a company, the major shareholder, it is reasonable to say that expelling a trainee is just a sentence.

But those shareholders think that BamBam can help them earn more money in the Thai market.

A Ni Kun made them taste the sweetness, so a BamBam appeared later, which made them want to protect even more.

"Just playing with a few unknown trainees, Zhenying is still a little fussy."

"Indeed, even if these girls are good, are the other trainees of our JYP worse than them? For the sake of the Thai market to be better expanded, this kind of thing will go straight ahead with a blind eye."

I remembered that a group of shareholders with different minds said this at the internal meeting that was held.

That yin and yang look almost made him sick.

But this is also to blame for him, who let his series of mistakes in the past led to JYP's fiscal deficits for several years, and finally had to sell the shares to Loen.

The crisis of JYP probably started in 2011.

At that time, JYP had not yet been listed, and Loen took a stake in JYP that year and became the second largest shareholder, holding 25.4%.

Although it was the second largest shareholder, Loen's shareholding ratio at that time was higher than that of the founder Park Jinying.

The reason why it can be tolerated is because in 2006-07, JYP signed Rain's overseas tour with a company.

According to the contract, 35 concerts must be held.

However, due to various reasons, only 19 games were held. The company later claimed 10 billion won against JYP.

Also at that time, affected by the American financial crisis, wondergirls who were preparing to enter the United States were also affected.

In order to successfully fulfill their "American Dream", JYP began to borrow money for them to make their debut in the United States, but it was a pity that Wonder Girls later failed in the United States.

At that time, although Rain won the compensation lawsuit, he signed JYP with huge debts and gave Loen the opportunity to get in.

Last year, in 2013, a South Korean legal agency revised the requirement that the parent company must hold 100% of the shares in the subsidiary.

As for Loen's parent company, SK could not hold 100% of Loen's shares, so it sold the Loen shares at a low price to the investment team under the name of Li Xianzhe, who was managed by Song Jifan.

(In reality, it was sold to HK's private equity fund).

But at that time Loen still had the ability to operate independently, just like Li Xianzhe holds Loen's shares in his hand but has never intervened in their operations.

Loen, who had thrown off a hot potato, therefore had greater ambitions.

I don't want to be a company in the audio source business, but want to transform into an entertainment company.

At that time, Loen planned to buy JYP, but Park Jinying refused.

In this year, JYP was officially listed, and Loen could not acquire JYP because it was listed.

And at that time, just before and after Li Xianzhe retired.

Loen made his own claim and sold only the remaining 7.19% of the shares he held, and many retail investors followed suit.

Some of these sold shares were acquired by Li Xianzhe midway.

Park Jinying himself didn't know about this, so he asked Got7 to make his debut and wanted to make money for the company.

But the facts are just the opposite. The debut of Got7 has been advertised by the media as a predecessor BEAST who has been in his debut for many years in all aspects of the dance style of the combination.

Not able to become a "super newcomer" in the eyes of the public, their debut song "GirlGirlGirl" is good, but it did not achieve a blockbuster effect.

Even in terms of popularity, it's not as good as EXO's debut.

Internally, 2PM, who is touring overseas, is suppressing them.

In addition, these seniors in the middle are dissatisfied with BamBam, and the combination of various factors makes Park Zhenying's depressed and tangled mood can be imagined.

And because of Lee Xianzhe's arrival, it does not mean that JYP's crisis was resolved smoothly.

In order to reclaim the shares, with the help of Li Xianzhe, JYP began to sell the copyright of 2PM's overseas tour to his Empire Entertainment.

At a price of 10 billion won, and the surrounding revenue all belong to Empire Entertainment.

Because Li Xianzhe knows that the rise of JYP started just after 2PM left in Japan and all the artists were rushed to overseas activities.

So at the beginning, BamBam was warned by an unknown person, and then his limbs were interrupted. JYP announced that he was training for three months. In fact, Park Zhenying felt very relieved after learning about it.

Although the members of the board were angry, it was because of the shares held by Park Zhenying.

In addition, Li Xianzhe's shares, and the most profitable 2PM overseas tour rights are all in Empire Entertainment, so I can only swallow this breath.

It can be said that the role of Got7 in Park Jinying's eyes is not as good as before, and it is equivalent to a semi-abandoned product.