I'm not a lawyer anymore

Chapter 125 The Real Condition

Chapter 120 Four Real Conditions
Coming out of the women's practice room, Lin Ying received a call from his elder brother Lin Huan before he could find the next place to visit.

I had no choice but to be forced to stop the opportunity to visit, and went back to the hotel together in the parking lot.

inside the car.

"How was the discussion?" Sister Wang, who came with the driver, asked in the co-pilot.

"Frozen again, now we'll see who loses his temper first." Lin Huan said with a smile.

Now he is not afraid to reveal any news to SM, now the team members are all his own people in the true sense.

Lin Huan has talked with them all, assuming he and SM are not renewing the contract, the team members will follow him.

Brokerage companies seldom have non-competition contracts such as clauses that involve prohibiting entry into the industry. At least no one in Lin Huan's team has signed such a contract. Everyone, including Wang Jie, is a real worker.

If you say resign, you can resign, and there are not many terms and conditions.It was precisely this that gave Lin Huan room to maneuver.

"What do you want? Logically speaking, with the value created by our team, no matter how stingy SM is, he won't be stingy about renewing the contract." Sister Wang was very puzzled, what kind of conditions did Lin Huan put forward to let SM Have been hesitant until now.

It has been less than a year since he signed with SM, and Lin Huan has generated a huge amount of operating income.

Backed by the world's number one Internet market, SM has made a lot of money in the year it signed with Lin Huan. The revenue generated by Lin Huan alone accounts for a quarter of the total receivables of all SM artists. How terrifying is this? a number of ?
SM announced that its sales in 2018 were 49.7 billion (RMB), but in fact the statistics from the internal finance department were 54.7 billion.

Leaving aside the revenue from other industries, the one with the highest income ratio is no longer EXO, but Lin Huan. Lin Huan alone created 20.00% of SM's artist department revenue and seven percent of revenue!

EXO's 20.00% revenue share followed closely behind.

In other words, Lin Huan + EXO accounted for more than half of the total income of SM artists.

It's unbelievable, but this is the fundamental reason why countries are trying so hard to enter the Chinese market.

Too many people and too much money!

more than one billion people don't need one percent, not even one thousandth.

As long as one in [-] people watched Lin Huan's video, wouldn't the traffic generated be in units of [-]?
Lin Huan has not even carried out many live broadcasts, and has created such terrifying value only by relying on video traffic and advertising endorsements.

If he really starts to live broadcast and bring goods, the income generated will be even more terrifying.

The income of webcasting has always been a mystery, and the public is actually not very clear.

To give a simple example, a blogger with [-] to [-] likes and [-] to [-] comments on a video will have a monthly income of more than [-]. The specific amount depends on the type of video, but the difference is not bad.

And like Lin Huan, a blogger like Lin Huan who has tens of thousands of likes and [-] comments on each video, how much will he earn in a month from the video alone?

Even if it is a simple multiplication, there are millions in a month, not to mention that the traffic data is not calculated by simple multiplication, and the income amount will only be higher.

In the traffic era, it is too simple and easy to make money with traffic.

Robbing a bank is not so fast.

Backed by the huge domestic market, Lin Huan occupies a quarter of SM's revenue share. A normal person would know whether to renew his contract.

However, SM has been hesitant. Sister Wang has always been acting strangely like this. She didn't ask until today, which is the last two months when the contract is about to expire.

Listening to Sister Wang's puzzled question, Lin Huan couldn't help laughing.

"Because what I want is the lifeblood of SM."

Sister Wang's expression changed, and she looked at Lin Huan in shock.

The lifeblood of SM, isn't that...

"Equity?!" Sister Wang said in a broken voice.

Lin Ying, who was paddling in the back row, raised his head in shock the moment he heard the word equity, and looked at his elder brother who had his back turned to him.

SM's... equity?
Miss Wang understood now.

No wonder SM has been hesitant and did not agree to the conditions for Lin Huan to renew his contract.

It turned out that what he wanted was here!

Sister Wang would not think that the equity that Lin Huan wanted was the same as the equity that SM offered to Quan Baoer.

Quan Baoer's shareholding is not even eligible to join the council.

In theory, as long as you have shares, you can participate in the council, that is, the board of directors.However, there are so many people who buy stocks, you take the stocks you bought to the company and say that I will join the board of directors.

Lin Huan wanted more than tens of thousands of shares in SM, he wanted the status of a director, a director who can make decisions on the board of directors!

After Sister Wang figured out all the key points, she finally understood the reason for SM's hesitation.

Giving shares to Quan Baoer is because she has worked in SM for so long, coupled with her status in the Korean entertainment industry, it is completely reasonable to give a share to SM's serious first sister, and no one will say anything What.

but!

How long have you been here, Lin Huan?
It's full of calculations, the contract has been signed for less than a year, and the first time the contract is renewed, you want equity, or a minimum of [-]% of the equity. How is this possible? !
Similarly, SM also has reasons for agreeing.

Lin Huan is too special.

Aside from his ability to attract money beyond EXO, he is still a bridge.

He has an official background behind him. The year of the establishment of diplomatic relations between China and South Korea is coming soon, and there are too many places that can be operated. Winning Lin Huan is undoubtedly too much ahead of his peers. At the same time, he can get enough information on some major events in the future. and benefits.

For SM, renewing Lin Huan's contract is not just a matter of making money, it is also related to the company's subsequent development plan.

but!

This person is also very aware of his particularity, what he wants really touches the bottom line of SM.

If what Lin Huan wanted was an equity similar to Quan Baoer's, SM would have given it directly, and would not have been negotiating with you until now.The most important thing is to renew the contract as soon as possible, settle down and start the follow-up plan.

However, Lin Huan wanted too much.

SM doesn't want to give [-]% of the equity as a base, and doesn't dare to give it.

If Lin Huan really entered the council, it would be hard to say whether SM would make money or lure wolves into the house.

Furthermore, Sister Wang didn't think that what Lin Huan wanted was a guaranteed stock of [-]%, and he might want more.

It's [-]% impossible, SM will definitely refuse with a firm attitude, they can't take out so many free shares.

5.00% is also unlikely, with so many shares, Lin Huan has too much power to speak.

and so……

With one percent of the equity, the right to speak has weight, but it will not completely touch the bottom line of the SM Council.

Lin Huan got stuck at this limit and frantically pulled on the SM council, all he wanted was this share!

(End of this chapter)