star of the peninsula

In a super big move in the industry, C headquarters has completed the transaction of acquiring all shares held by Cube Entertainment in cash.

Everyone is concerned about the same point, that is, why does C headquarters have so much cash.

The acquisition of shares happens almost every day, and it is not a large-scale deal to acquire a controlling stake in one go, but just a share transaction. Except for the parties related to the parties involved, no one will be too concerned about this matter.

But such an exaggerated cash flow is really amazing. Does the epidemic that caused heavy losses to everyone have no impact on your C headquarters? You can make movies while maintaining the normal operation of the company and use cash to buy things. You are the cash king of Seoul!

"how did you do it?"

Park Jin Young was equally curious and asked during a break in practice.

"I can understand others asking this question, but why do you ask, Brother Zhenying?" Chen Chen asked in confusion, "Aren't you the one who knows that I have a lot of available funds?"

"How do I know that? I do know that." Park Jin Young suddenly realized halfway through his sentence, "Some time ago you asked me to introduce you to someone who would help you spend money."

"So you mean, all the money is spent here? Then I helped you introduce it for nothing!"

Park Jin-young said this deliberately, but the expression on his face betrayed that he really hoped this answer was true.

"I still have a lot of money." Chen Chen disappointed him, "I'm only taking out a small part now."

"Don't make blind guesses. The funding of C headquarters is not on the same level as all of you." Chen Chen gave a clear answer directly, "I got dividends from Douyin. It's not much, and they only gave it to me once in all these years, and they didn't even give me the full amount. They only gave me a small part of the compensation I deserved, but it is Douyin, an ultimate monster that is many levels higher than entertainment companies."

"..."

"Really?"

Park Jin-young felt a little dizzy, but his eyes were particularly bright, as if he was staring through Chen Chen.

"Isn't it clear to everyone that I own shares in Tik Tok?" Chen Chen asked in return.

"Yes, we all know that! But..." Park Jin-young was a little overwhelmed, and his body movements became bigger, "But shouldn't your shares be wiped out by all the subsequent financing?!"

"Yes, there is indeed nothing left." Chen Chen nodded. "The three points I got at the beginning were intentionally or unintentionally diluted by the other party to less than 0.3. But 0.3 is also 0.3 of a certain audio, it's different."

"What's more, shares and dividends are two different things." Chen Chen added: "If the boss is willing to give me some pocket money, I will definitely accept it happily and will not refuse it and make things difficult for him."

In fact, Chen Chen was very sure that his three points were deliberately diluted to 0.3 by the real senior management of a certain audio company.

Because although Tik Tok's various financings have come and gone, and various cooperations have been opened and closed, the shares of the top level are being concentrated, and the shares in their hands are becoming more and more.

If this doesn't make the point clear, then Chen Chen is a little too stupid.

But precisely because Chen Chen is not stupid, he will not comment on this matter.

Again, even if it was 0.3, it was still 0.3 of a certain audio, which was the biggest asset in Chen Chen's hands. He was lucky to be able to eat this meal, so he didn't dare to complain too much.

Didn't he say anything when the promised dividends were not paid to Chen Chen? It was useless to talk, so why not wait for the other party to be kind and pay a little more.

Mr. Chen was able to get something for nothing at the time, and it's already very kind of him not to kill you now. Don't push your luck.

However, Chen Chen would fight for the two points of Douyin shares written in the contract after working for five years even if he died. Douyin in 2022 is unlikely to make a fuss about the shares. These two points are real points and are his heirloom and lifeblood.

"That's great! I also want to get some pocket money from a big boss like that!" Park Jin-young's eyes were bloodshot with envy. "Next time there is such an opportunity, please take me with you. I want it too!"

"No chance." Chen Chen was irritating him seriously, "Not every sapling can grow into a towering tree like a certain sound. Your bucket of water will not easily turn into nectar and pour on the immortal seedling. It's a matter of time and fate."

"..."

"That's really abominable." Park Jin-young changed the topic to something more interesting. "But is it really okay for you to show up in the Soy Sauce Bottle practice room right after you made such a big move?"

"Practice is just a side job. Actually, I want to check with you, Brother Zhenying, to confirm the situation." Chen Chen also got down to business. "Many of the minority shareholders of Cube Entertainment used to have a good relationship with Jiangyouping. Do you know what's going on?"

"Have you settled it with Universal Records?"

Park Jin-young did not answer, but asked a question first.

"What can't be done if we sign Integrate?" Chen Chen snorted, "If I can get Integrate to sign just by standing up for me, Universal Music will make a lot of money!"

"Does Integrate's signing with Universal mean that you might create a girl group song for the European and American markets?" Park Jin-young asked, "Will you write it?"

"I can just write it with my eyes closed." Chen Chen curled his lips nonchalantly. "Universal Records was not originally in my plan. Now that it has come in as an uninvited guest, it naturally can't expect to get a good response from me."

It's already the second half of 2020, and it's time for Chen Chen, who has been working hard in the recording studio, to reunite with the person he is now. Now, he can produce outstanding works from Europe and the United States with ease.

When it comes to the influence of songs, Kpop can't even touch a hair of the European and American music scene, so the number of European and American works appearing in recording studios is countless more times than that of Korean entertainment.

In other words, Chen Chen is best at stealing music from Europe and America! If Universal Music needs Chen Chen to write songs, he can overturn the European and American music scene with his nose!
"As expected of Boss Chen." Park Jin-young applauded him to show that he was good at pretending. "Universal Records has become an uninvited guest. The entertainment industry you're in seems to be different from ours."

"Don't talk about that. Answer my question now." Chen Chen asked with a smile, "Why? Why do many of the scattered small shareholders of Cube Entertainment have had conflicts with Soy Sauce Bottle?"

"Because the original team of Cube Entertainment was brought over from Soy Sauce Bottle, so isn't this normal?" Park Jin Young spread his hands innocently, "Some people in the early days were allocated some shares, some sold them halfway, and some kept them. The people you meet now should be the ones who stayed, the old Soy Sauce Bottle people."

"Is that so? It seems I've overthought it." Chen Chen stretched lazily, "Okay, I'll get busy after I confirm it. See you later."

"You little brat, Soy Sauce Bottle is not involved!" Park Jin Young gave a definite answer, "The company doesn't have the strength to cause trouble right now, and is working hard to help ITZY!"

"Oh?" Chen Chen stopped on his way to leave, "What are you going to do?"

"We feed them resources, all kinds of resources once, twice, three times." Park Jin-young answered: "The members go out in various environments to show their abilities and potential; the company discovers their new characteristics in their performances and finds interesting directions for them."

"I talked to the operations team about what you said to me. They thought what you said made sense and they also wanted to make changes themselves."

"Soy Sauce Bottle is the best in the industry after all. Although it's a bit empty, the best is the best. We have all the necessary resources, and others are willing to open up resources to the best."

"So after comprehensively considering various situations, everyone unanimously decided to give ITZY more resources."

"We have already applied to several programs at C headquarters. You can give us a reply when you have time." Park Jin-young finally turned the conversation to Chen Chen. "Of course, it would be better if you agree."

"You just want me to agree. You can be more straightforward next time." Chen Chen waved at him and turned away. "I will agree. Which show wouldn't want to invite the popular ITZY?!"

...After leaving the soy sauce bottle, Chen Chen began the second wave of contact with small shareholders.

Make the subject clear, use bribes or threats, and in short, achieve the result you want, and even get some unexpected gains.

Some people think that the stock price of Cube Entertainment will definitely plummet after the internal strife. Some people think that they are just small fry and don’t want to get involved in the fight between the big guys, so they choose to sell their shares to C headquarters at the market price.

Chen Chen was naturally happy to take over. He had no shortage of money, but the more shares in Cube Entertainment the better!
There were originally five points, and this time we got seven points from President Hong and three points from retail investors. C headquarters already has fifteen points of shares, making it the third largest shareholder of Cube Entertainment, and has surpassed the shareholding ratio of Universal Music.

If it could get a little more, Headquarter C would hopefully surpass Boss Hong and become the second largest shareholder.

"OK, all right."

"Integrate certainly has plans to develop overseas markets, that's for sure."

"Don't worry about the production. I will be in charge of Integrate until it's out of its rookie phase."

"..."

Universal Music was giving Chen Chen a heads-up, fearing that Integrate's works were not produced by him, Chen.

If Chen Chen himself were to say so, they would be a bunch of worriers. He would definitely pay attention to the first wave of overseas activities of Integrate after signing with Universal. He would not just release an English version of "LATATA" like the Girls Band did!
What to release. What to produce. Which song is most suitable for a girl group. Most importantly, it can’t be too popular and the results can’t be too exaggerated.

Although Chen Chen's "database" is very rich, this problem still requires a long time to think about.

It's impossible for Chen to just sing Adele's "Easy on me" instead. Can that be a girl group song? Even if it can be changed into a girl group song, do Integrate have the ability to perform it well? !
Even though it is a powerful group created by himself, Chen Chen still wants to say don't touch Adele.

……

"Oppa, come on, come on, come on!"

Zhang Yuanying pulled Chen Chen, who was sitting in the office, and ran away, with cameras following behind.

"what happened?"

Chen Chen had a confused look on his face, but his body was moving obediently.

"The question given by the program team this time is to choose the staff member who you think is the best at ball sports! I will choose you!"

Only after running to the destination did Zhang Yuanying have time to explain.

After Luo Yingxi's team completed the script, they immediately started filming at C headquarters. Otherwise, Zhang Yuanying would not dare to disturb the president at work at this time.

"Humph, you run really fast." Choi Ye Na snorted after she brought her people back, "I wanted to choose Oppa too, but I gave up when I knew I couldn't outrun you!"

"Then you just can't outrun me, what's the pity?"

Zhang Yuanying is very good at making people angry, and she deliberately uses a condescending perspective when speaking.

"..."

Next came the girls' quarrel. Chen Chen had no interest in joining in. He was observing the employees brought by others.

Wow, let me tell you, I don’t know any of them. Anyway, I don’t know any of them.

There are many employees in C headquarters, and I don’t know where these girls found such a person. They didn’t even find their own agent or close staff when they were trainees.

"What ball game is it?"

When everyone was present, Chen Chen opened his mouth and asked a question.

"What ball game would you like to play?"

Luo Yingxi did not answer, but just looked at Chen Chen with a smile.

"Actually, anything is fine, but among all the ball games, I have two that I particularly care about." Chen Chen pursed his lips, "One is table tennis, and as a Chinese, I have a lot to say about it. The other is football, and as a Chinese, I also have a lot to say about it."

“Pfft~hahahahahahahaha”

"..."

It wasn't just Na Yeong-seok who was laughing, all the writers in his team were laughing happily as well.

"You haven't participated in a variety show for a long time, but your sense of variety is still so strong." Luo Yingxi praised, "It really makes me miss the time when I worked with you in the past."

"Yeah," Chen Chen tilted his head, "I've been to PD Luo's variety show?"

"No." Luo Yexi's expression remained unchanged, "I made it up in my mind."

"Let's decide on the sports event now." Luo Yingxi didn't give Chen Chen much time to look at the screen, and took out a turntable from behind him, "We'll choose the event that the turntable is on!"

"..."

So, in full view of everyone, the turntable turned to badminton.

In fact, if you want to make a variety show, it would be best to have indoor football, but the fun of Luo PD's variety show does not need this to fill the gap.

"In doubles, the first one to get 10 points wins." Luo Yingxi explained the rules, "During the game, you are not allowed to deliberately not communicate, and no English can be used during the communication, otherwise the score will start from zero."

What a classic game segment. Chen Chen has seen it on TV many times.

But this is my first time to participate offline, so I am a little excited.

"Luckily I've been doing a lot of exercise recently, and I've also played badminton for a while." Chen Chen grinned, "Yuanying, we have advantages in both height and physical strength, go ahead and play!"

"No, problem!" Zhang Yuanying responded to Chen Chen with great momentum, "Let's go, let's destroy all the opponents!"

The two looked at each other.
"Fighting!"

...(End of chapter)