Starlight Korean Entertainment
Chapter 8 Contracts and the Past
Of course, popularity and money have to be grasped with both hands. With Lin Youmin's current appearance and reputation in the modeling industry, making money is definitely not a problem.
The contract signed by Lin Youmin and Quan Encan had ended as early as last year. At that time, Quan Encan's commission was 50%, which was a normal rookie contract.
Compared with the brokerage company's constant seven to three, eight to two, it is much better.
The newly signed contract is a two-year contract.Quan Encan's manager's commission is 40%, which is the result of Quan Encan's own concessions. Generally speaking, the commission of a new actor's manager is about 50%.
Of course, if there is a brokerage company, then it will be considered separately, and the 50% charge is light, because the brokerage company has more resources.
As for the 30% or even 10% commission, that's a condition that top artists are qualified to negotiate.
Friendship is friendship, and the rules in the brokerage industry cannot be broken.
The cooperation between Quan Encan and Lin Youmin is very pleasant. They are not only the relationship between actors and managers, but also good friends.Quan Encan has a long-term vision. When dealing with Lin Youmin, a raw jade with unlimited potential, friendship is far more important than money. Giving up a small profit will not make him feel bad.
The two-year contract period is very short, but this is what Lin Youmin and Quan Encan agreed a long time ago. The contract is signed every two years, and the ratio is appropriately adjusted according to Lin Youmin's reputation and income.
The studio belongs to Lin Youmin alone, and Lin Youmin has to pay for assistants and other team expenses.Quan Encan is responsible for his planning, publicity, contacting TV stations and other work. Simply put, it is his network!
In Lin Youmin's opinion, Quan Encan's connections are worth the price!
For an artist, you can't simply look at how much he is drawn. Relatively, the more popular you are, the more you earn. In order to keep the cash cow, the agent will even take the initiative to reduce the percentage. Everything depends on the artist own achievements and fame.
After deducting the money from advertising endorsements, TV stations, and modeling shoots, as well as miscellaneous taxes and money invested in the studio, what Lin Youmin left is actually not that much.
Lin Youmin has always paid taxes and the like on time. Maybe he is not well-known now, so it doesn't matter, but after becoming famous, this is the most important thing. He doesn't want to get scratched because of taxes.You know, the Korean people are extremely disgusted and disgusted with artists who evade taxes and military service.
It is worth mentioning that although Lin Youmin's studio is an independent studio, it is affiliated with a brokerage company.
A management company that focuses on singers in general.
Why is Lin Youmin affiliated with a music management company instead of an actor management company?
This starts with Lin Youmin's father.
Lin Youmin's father is a Korean. After studying in the United States, he settled in the United States directly, and got a green card and American citizenship.
Naturally, Lin Youmin is also an American, a Korean-American. (ps: Don’t worry about nationality, it’s mainly for pig’s feet to develop with peace of mind, so as to avoid military service and other messy things. Hope you understand.)
After years of hard work, his father ran a medium-sized listed company and a medium-sized Hollywood production company, helping some film giants to produce some outsourced corner shots, and occasionally participated in the production of TV dramas.
Lin Youmin has been with his father since he was a child. What interests him is not the listed company, but the one that produces movies and TV shows.
Influenced by Hollywood since he was a child, Lin Youmin longed to perform and liked to perform. In order to perform, he even left his favorite basketball and football behind.
As for why you came to Korea instead of Hollywood?
Lin Youmin sneered, is Hollywood so messy?What's more, he is still a man of yellow race, and it is inevitable to be discriminated against in Hollywood. Although Lin Youmin is confident, he is not ambitious and does not know the heights of the sky and the earth.
Even if your acting skills are at the level of a movie star, just because of your skin and lack of fame, you still have to make half of it in the hearts of the director and producer, let alone Lin Youmin does not have the acting skills of a movie king.
Compared to the United States, Lin Youmin, who has studied the Korean entertainment industry, believes that this place is more suitable for his development.
Lin Youmin returned to live in South Korea, which means he has returned to his hometown. Regarding Lin Youmin's becoming an artist, his father neither supported nor opposed it.
Having stayed in the United States for so long and influenced by American imperialism, Lin's father has always respected Lin Youmin's own choice.
But as a father, he was still a little worried, so he specially contacted an old friend of his in the Korean entertainment industry to help take care of him. It is said that Lin's father was a junior student with a good relationship when he was studying in Korea.
With this name alone, it can scare some people more or less.
Even if Li Xiuyuan's main influence is in the music industry, it doesn't mean that he has no contacts in the entertainment industry. For Lin Youmin, it is always good to have another way. .
Although Li Xiuyuan took care of Lin Youmin like a nephew, after all, in general, he still has to be responsible to the company, and he must live well on the surface!Therefore, in the terms of the contract, Li Xiuyuan indicated that Lin Youmin needs to conduct publicity activities with m in terms of speech under appropriate circumstances.
Appropriate situation... a very vague frame, Lin Youmin didn't pay much attention to it, and readily agreed. Anyway, Li Xiuyuan will not let him be fooled by nothing, and Quan Encan also thinks it's okay, after all, if At that time, Lin Youmin could benefit from his cooperation.
A bright future still needs to be worked hard on your own. Networking is only part of success, definitely not all.
The contract signed by Lin Youmin and Quan Encan had ended as early as last year. At that time, Quan Encan's commission was 50%, which was a normal rookie contract.
Compared with the brokerage company's constant seven to three, eight to two, it is much better.
The newly signed contract is a two-year contract.Quan Encan's manager's commission is 40%, which is the result of Quan Encan's own concessions. Generally speaking, the commission of a new actor's manager is about 50%.
Of course, if there is a brokerage company, then it will be considered separately, and the 50% charge is light, because the brokerage company has more resources.
As for the 30% or even 10% commission, that's a condition that top artists are qualified to negotiate.
Friendship is friendship, and the rules in the brokerage industry cannot be broken.
The cooperation between Quan Encan and Lin Youmin is very pleasant. They are not only the relationship between actors and managers, but also good friends.Quan Encan has a long-term vision. When dealing with Lin Youmin, a raw jade with unlimited potential, friendship is far more important than money. Giving up a small profit will not make him feel bad.
The two-year contract period is very short, but this is what Lin Youmin and Quan Encan agreed a long time ago. The contract is signed every two years, and the ratio is appropriately adjusted according to Lin Youmin's reputation and income.
The studio belongs to Lin Youmin alone, and Lin Youmin has to pay for assistants and other team expenses.Quan Encan is responsible for his planning, publicity, contacting TV stations and other work. Simply put, it is his network!
In Lin Youmin's opinion, Quan Encan's connections are worth the price!
For an artist, you can't simply look at how much he is drawn. Relatively, the more popular you are, the more you earn. In order to keep the cash cow, the agent will even take the initiative to reduce the percentage. Everything depends on the artist own achievements and fame.
After deducting the money from advertising endorsements, TV stations, and modeling shoots, as well as miscellaneous taxes and money invested in the studio, what Lin Youmin left is actually not that much.
Lin Youmin has always paid taxes and the like on time. Maybe he is not well-known now, so it doesn't matter, but after becoming famous, this is the most important thing. He doesn't want to get scratched because of taxes.You know, the Korean people are extremely disgusted and disgusted with artists who evade taxes and military service.
It is worth mentioning that although Lin Youmin's studio is an independent studio, it is affiliated with a brokerage company.
A management company that focuses on singers in general.
Why is Lin Youmin affiliated with a music management company instead of an actor management company?
This starts with Lin Youmin's father.
Lin Youmin's father is a Korean. After studying in the United States, he settled in the United States directly, and got a green card and American citizenship.
Naturally, Lin Youmin is also an American, a Korean-American. (ps: Don’t worry about nationality, it’s mainly for pig’s feet to develop with peace of mind, so as to avoid military service and other messy things. Hope you understand.)
After years of hard work, his father ran a medium-sized listed company and a medium-sized Hollywood production company, helping some film giants to produce some outsourced corner shots, and occasionally participated in the production of TV dramas.
Lin Youmin has been with his father since he was a child. What interests him is not the listed company, but the one that produces movies and TV shows.
Influenced by Hollywood since he was a child, Lin Youmin longed to perform and liked to perform. In order to perform, he even left his favorite basketball and football behind.
As for why you came to Korea instead of Hollywood?
Lin Youmin sneered, is Hollywood so messy?What's more, he is still a man of yellow race, and it is inevitable to be discriminated against in Hollywood. Although Lin Youmin is confident, he is not ambitious and does not know the heights of the sky and the earth.
Even if your acting skills are at the level of a movie star, just because of your skin and lack of fame, you still have to make half of it in the hearts of the director and producer, let alone Lin Youmin does not have the acting skills of a movie king.
Compared to the United States, Lin Youmin, who has studied the Korean entertainment industry, believes that this place is more suitable for his development.
Lin Youmin returned to live in South Korea, which means he has returned to his hometown. Regarding Lin Youmin's becoming an artist, his father neither supported nor opposed it.
Having stayed in the United States for so long and influenced by American imperialism, Lin's father has always respected Lin Youmin's own choice.
But as a father, he was still a little worried, so he specially contacted an old friend of his in the Korean entertainment industry to help take care of him. It is said that Lin's father was a junior student with a good relationship when he was studying in Korea.
With this name alone, it can scare some people more or less.
Even if Li Xiuyuan's main influence is in the music industry, it doesn't mean that he has no contacts in the entertainment industry. For Lin Youmin, it is always good to have another way. .
Although Li Xiuyuan took care of Lin Youmin like a nephew, after all, in general, he still has to be responsible to the company, and he must live well on the surface!Therefore, in the terms of the contract, Li Xiuyuan indicated that Lin Youmin needs to conduct publicity activities with m in terms of speech under appropriate circumstances.
Appropriate situation... a very vague frame, Lin Youmin didn't pay much attention to it, and readily agreed. Anyway, Li Xiuyuan will not let him be fooled by nothing, and Quan Encan also thinks it's okay, after all, if At that time, Lin Youmin could benefit from his cooperation.
A bright future still needs to be worked hard on your own. Networking is only part of success, definitely not all.
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