My girlfriend is an idol

Chapter 1329 WM wants to buy songs on credit

"Woollim intends to launch its first girl group at the end of the year. Their company representatives have some friendship with the two producers of our company, and hope that the company's producers can help create a few songs."

"Woollim? Is it Li Zhongye's company?"

Song Jifan vaguely remembered that this company was acquired by S..M last year by 17% of the shares.

Let S..M become a shareholder who can influence the company's decision-making.

However, it seems that after the SM reform this year, the company's board of directors seems to have forgotten the existence of this small company.

Later, Li Xiuman simply threw part of the management rights of the company to Empire Entertainment.

Therefore, Li Xianzhe can be regarded as a shareholder of this company. This argument is not unreasonable.

"Yes, that's the company that launched Infinite. Their representatives have brought members to the company several times.

During the period, I hope to meet with the chairman and recommend it, but the chairman has no time to receive it. I have always been responsible."

Ji Zhonghua briefly introduced the relevant information about the women's group that Woollim will launch.

It's just that the company cannot be smaller because of its small background, and Infinite's current popularity in the circle can only be regarded as the second-tier.

Song Jifan doesn't seem to have much interest in such a company.

"Among them, several girls claim to be fans of the president, and they seem disappointed that they haven't been able to see the president."

"Haha... It's no surprise that the little girl worships characters like our president.

In any case, since it is here for our company, we will treat all aspects well.

Don't neglect others, even for small companies, etiquette must be in place."

"I understand."

Ji Zhonghua nodded, as if thinking of the scenes of those girls who were so surprised when they entered the Empire Entertainment Building for the first time, their mouths closed, and there was a burst of pride in his heart.

Compared with Woollim's small building, the Empire Entertainment Building is indeed much more luxurious.

It is the blood-red logo with the ancient Chinese characters "Emperor" outside the company's gate. It is a well-known landmark throughout Seoul.

At this point, Ji Zhonghua suddenly patted his forehead. "In addition, Li Yuanmin, the company of WM, has also contacted our company recently, also..."

Song Jifan was astonished, "They don't want our company's producer to write songs too, do they?"

I think I contacted Li Yuanmin some time ago, and I vaguely felt Li Yuanmin's flattery on the phone.

I just felt that it was common for such a statusless small company to want to get on the ship of a big company, so I didn't care much at the time.

Who would have thought that the president would come to the door directly, although he did it in good faith.

But... In the same period, both companies came to buy songs.

Thinking of the grievances between the two companies, Song Jifan couldn't help laughing.

"If he wants to buy a song, of course we have to sell it. This kind of lucrative business should not be done for nothing."

Ji Zhonghua grinned, hesitated before speaking.

"But the president, what they want to buy is not the works of Fang Sihyuk pd and Li Haoyang pd, but..."

"What is it?" Song Jifan gave him a suspicious look.

Isn't the buyer Shihyuk and Lee Hoyang's song?Li Yuanmin's mind is taken out?

Who is Fang Si Hyuk, the former producer of JYP Queen, and a top student of Seoul National University.

In addition to producing for his boy group BTS, he also wrote a lot of hit songs.

For example, Bai Zhiying's "Like a Shot", "Candy in My Ear", 2AM's "Death Can't Let You Go", "I Wrong", "You Are Like Me" and so on are all his works.

As for Li Haoyang, this is a popular song maker for the girl group.

Apink's counterattack song "Nonono", T-ara "Roly-Poly" "BoPeepBoPeep", 4Mintue's debut song "Hotisure"...

These two songs started with hundreds of millions of won, and apart from the three major clubs, they have their own team of composers.

Other small and medium-sized companies are vying for it, but Li Yuanmin doesn't want their songs.

If such remarks were heard by Fang Si Hyuk and Lee Ho-yan, Song Ki-Bum would be able to imagine the two black faces due to impaired self-esteem.

"They want the president to help write songs, and they also..."

Ji Zhonghua felt as if he was conveying his heart to a mentally retarded person.

To tell the truth, it is Fang Si Hyuk's Li Haoyang's willingness to write songs for WM's new girl group. On the one hand, it depends on their mood, and on the other hand, it depends on whether the price is appropriate or not.

If it is a newcomer group of a large company, the price will be in place.

Even the most popular producer will nod in the face of the other company.

But in the case of a small company, a producer with a status like Fang Shih-hyuk Lee Ho-yang, even if he doesn't work and stays at home, the monthly copyright fees charged by the copyright association are enough for the rest of his life.

At their level, they pay more attention to their reputation than money.

On the contrary, the more trendy producers want to write songs for trendy artists, so that both parties will cooperate with each other, and their own reputation and influence will increase.

"What else?"

"Furthermore, President Li Yuanmin also confided that WM's current situation is not very good, because the company has invested all the money it makes in the purchase and construction of the new building.

Some of the reserve operating funds left behind have been spent on the release and production of new girl group albums.

The remaining part can only be used to pay employees’ salaries and cannot be used, so they want to...want to credit...on credit."

At the end of this passage, Ji Zhonghua said that he had no face to look at Song Jifan's expression.

It's too shameful, even if he and Li Yuanmin are on good terms.

But... the members of WM's new girl group stood in front of him, and he couldn't decide this kind of thing.

Therefore, it was stated on the spot that it was necessary to ask upwards for instructions.

To be honest, it was the first time he encountered this situation even as the trainee room manager he had worked for so many years.

"Molagu?"

Song Jifan looked ridiculous.Thinking of going on credit even when I asked Lee Xianzhe to help write a song?

It’s a good deal, if a song by Lee Hyun-chul is bought by 300 million won.

Of course, I really want to say that in the eyes of the industry, Li Xianzhe's songs are more than this price.

But...with the operation of a small company like WM, it takes a long time to make money and buy songs.

This does not count whether the opponent will run away with money, because this situation has really happened too many times in the circle.

Especially in the 1990s and the beginning of the millennium, many small companies went bankrupt.

Or after earning enough money, they didn't pay the staff salaries and settled the artists, and went directly overseas.

"Accounting on credit is absolutely unacceptable, even if you have a good relationship with each other.

You tell them that we understand their company's current situation, but once the president nodded to help them write songs, WM must first pay a deposit of 100 million won. If it is still embarrassing, then use the company's shares in exchange."

"Yes... I will tell the truth."

Ji Zhonghua laughed, this approach is in line with their imperial entertainment as a big company.

If you want to pay on credit, it also depends on status.

What qualifications does a small company that WM says so that few people know about it, take the initiative to make credit with a large company?