Love Story: Starting from Marriage

Chapter 481 Renewal Conditions

Quan Lu also knows some things.

So Kwon Yul has always been very grateful to Jung Ho Yong for everything he has done for him and for establishing good relationships with all directors and screenwriters.

Bae Yongjun specifically mentioned that the director named Chen Hyuk had directed "Brilliant Legacy". In fact, he wanted to tell Quan Yul that the starring resources for this drama should have been Lee Seung-gi's.

But it’s not anymore, now it’s Kwon Yul’s.

As an artist, Kwon Yul cannot respond to fans on social media accounts, appease fans, and calm down the war of words.

The company cannot get involved, lest the situation expand and lead to more serious consequences.

But there are still many ways. The drama has been confirmed to be produced and broadcast by S Broadcasting Bureau. It is tentatively scheduled to be completed in the first half of the year. As long as Kwon Yul agrees to star in the drama, fans will definitely understand when news reports come out soon.

In addition to getting resources, Pei Yongjun wanted to emphasize another thing.

That is the issue of contract renewal between KEYEAST Entertainment and Kwon Yul.

Bae Yongjun was still confirming with Kwon Ryul: "Kwon Ryul, just tell me the truth. Have other companies approached you? What conditions were offered?"

Bae Yongjun's sincerity can be felt by Kwon Yul. The company's treatment of him as a foreign artist is not bad. At least after his debut, Bae Yongjun obtained opportunities for Kwon Yul through his personal connections.

Originally, Kwon Yul had not contacted other companies on the issue of contract renewal. He might have had some other ideas before, but now Kwon Yul knows very well that he still needs to lay a solid foundation.

Therefore, renewing the contract with KEYEAST Entertainment is the best decision.

First of all, everyone in the company is familiar with him, and his manager Zheng Hoyong is also one of the people Kwon Yool trusts the most.

Secondly, the conditions offered by the company to Quan Lv are definitely the best conditions for him at this stage.

Not to mention that his current status in the company is that of a pillar artist. If he went to another company, Kwon Yul would obviously lose such an important status.

Faced with Bae Yongjun's inquiry, Kwon Yul did not answer, but asked Bae Yongjun: "On behalf of NIM, what are the conditions if I renew my contract with the company."

Pei Yongjun sat up straight: "The company will provide you with everything that the company can provide. First of all, the company really wants to stay with you in terms of contract time. How about we renew the contract for five years?"

Originally, Bae Yongjun took this opportunity to renew his contract with Kwon Yul for seven years.

Moreover, the words to persuade Kwon Yul have been prepared in advance. Unlike actors and idols, actors will almost always work hand in hand with the company they work with when it comes to contract issues, and they rarely leave midway.

It's just that considering that Quan Lyu's situation is very special, if he wants to return to China one day to develop, he will definitely not agree to a seven-year contract extension.

Nowadays, everyone knows that China's entertainment market has begun to develop rapidly. Before the trend, even a pig will take off.

The atmosphere was a little solemn.

The answer Bae Yongjun waited for was almost as he expected. Kwon Yool did not agree to the five-year contract extension.

Kwon Yul is willing to renew his contract with the company, but only for three years.

Bae Yongjun fought hard, but in the end the contract was renewed for three years.

In terms of other terms, the company has not blocked any resources from Kwon Yul from intervening before, and it will remain unchanged after the renewal. All resources that enter the company can be selected by Kwon Yul. In addition, the company will not force Kwon Yul to take any work.

This clause is very important to all artists. As for the share ratio, it remains the same, but this time the contract is renewed with an additional renewal fee.

15 billion H yuan, this is the renewal bonus condition offered by Bae Yongjun to Kwon Ryul.

This amount of money may be just the salary for one film for domestic artists in China, but it is not a small amount of money for KEYEAST Entertainment.

Seeing that Quan Lu did not agree immediately, Bae Yongjun explained: "You also know the current situation of the company. It costs a lot of money to train new people. If the company has the ability, I will certainly be willing to pay you more signing fees for contract renewal." Kwon Yool, the company is absolutely sincere in continuing to cooperate with you."

In fact, the signing fee was not Quan Lyu's top priority. He had never thought that the contract renewal would include the signing fee.

Bae Yongjun thought Quanlu was too little.

Quan Yulze was thinking about other issues.

They were both silent, and it felt like they were being pulled.

Bae Yongjun placed the renewal contract on the coffee table and began to add more money: "The renewal fee of 15 billion is the largest amount, but the company has also prepared a car for you as a gift. I heard that you like Mercedes-Benz, right?"

Quan Lu looked at Bae Yongjun in confusion.

Pei Yongjun spread his hands and said, "Zheng Haoyong mentioned it accidentally."

Taeyeon is the one who likes Mercedes-Benz, but who can hate Mercedes-Benz? Kwon Yul certainly won't refuse if the company wants to give him a Mercedes-Benz.

No matter what kind of increase Bae Yongjun offers at this time, it can only show that the value created by the three-year contract extension to the company will far exceed the price paid by the company.

In this case, Kwon Yool would certainly not be so stupid and polite.

He didn't speak before because he was thinking about another issue. Kwon Ryul said slowly: "On behalf of Nim and the company, I am really grateful for training me. I am also very satisfied with the conditions for the renewal of the contract."

Bae Yongjun immediately handed over the signature pen.

After getting the pen, Kwon Yul did not sign immediately, but said: "I have one last request. If the company agrees, we will renew the contract."

"any request?"

"As for the performance activities agreed in the exclusive agreement around the world, it is fully entrusted to the company. This should not include my personal stage name, name and portrait rights."

Bae Yongjun reacted quickly and said with a smile: "So the company has decided that you have full authority to decide on the promotion of your hometown."

"On behalf of Nim, what I mean is that except for the performing arts activities that the company supports, my personal use of these rights cannot be regarded as infringement of the legitimate rights and interests of the exclusive agreement. If the company agrees, I will sign it immediately after modifying the exclusive agreement."

Bae Yongjun did not reply immediately to Kwon Yul.

In the office, Bae Yongjun changed the topic and invited Quan Yul to have dinner at his house tonight. He said that he had been looking for an opportunity to invite Quan Yul to his house for so many years, and by the way, he would celebrate the New Year together.

Kwon Yool declined Bae Yongjun.

When Kwon Ryul left the office, Pei Yongjun immediately took out his mobile phone and contacted other senior executives of the company.

The smile he had when he was talking about renewing the contract with Kwon Ryul had long since disappeared.

This is the reality.

Bae Yongjun and his company want to continue to gain greater benefits from Kwon Ryul in the next three years, but also want to pay the minimum price.

This is the same as investing. If you want other people’s interest, others may want your principal.

Regarding personal name, stage name, and portrait rights, these three points are not trivial issues. If the company agrees, if other companies use personal relationships to allow Quanli to authorize the portrait rights for promotional use, the loss will not be a small amount.

The terms must be revised, but the company's interests cannot be completely surrendered, and Kwon Yul must be satisfied to sign and renew the contract. On the last day of 2010, Bae Yongjun and KEYEAST Entertainment had such a relaxed and comfortable life.

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(End of this chapter)