With the Time Shop, I Too Am the Greatest Conglomerate of All Time

Episode 84. I am the leader.

said Harold, the publisher of Universal Music.

“I understand that the existing contract with Hana takes 30% of the total sales. Is that right?”

“We’re going to raise that by 5% and set it to 35%.”

5% was a huge percentage.

It was said that for every $10 million in sales, an additional $500,000 of that amount would be given.

If you sell MP3 soundtracks at Universal, you can earn more than $60 million a year, so you could get an additional $3 million a year.

However, Jaewoon had a sullen expression on his face.

“That’s what Shawnee Music has already suggested. I also thought that you had prepared great conditions for being the number one record label in the industry, but I am a little disappointed.”

This Asian child!

Harold struggled to manage his expression and continued.

“That’s right. But there is another condition we have prepared.”

“We will help promote the P store in the US. We will hire the best advertising directors and production staff, and once an advertisement is created, we will use our influence only to make it appear on popular TV channels and famous magazines.”

“Are we going to pay the publicity costs?”

The words ‘What a shame!’ came up to my throat, but I swallowed it.

“..In principle, it should be like that, but to show that we can be a good partner, we will cover half of it.”

It was then that Jae-woon’s face showed a slight sign of satisfaction.

“Now, it seems that we can see some of the industry’s number one downloads. good. But that’s not all of the conditions you’ve prepared, right?”

In fact, even at this level, it was already much better than the industry standard.

Still, this guy named Jae-Woon Kang was not satisfied and was working hard to offer more benefits.

It was crazy, though.

This time, Harold’s side was thorough.

“..Are there any conditions you would like more?”

As if he had been waiting, Jaewoon’s answer came right away.

“Give us 40% of the record sales. If we do that, we will be able to become close partners in the future.”

Harold was momentarily speechless, unable to answer immediately.

40%.

In fact, adding 5% to make 35% was a number that we conceded with a big heart.

However, this guy was asking for 5% more gear teeth.

If it’s normal, I’d have to leave my seat right away.

Harold recalled the words of Universal Music CEO Paul Thompson.

– It will hurt your self-esteem, but even if the person in charge is a bit arrogant and fulfills all the conditions, you must sign the contract.

“..All right. It seems to be a condition for expressing our feelings for you. I will listen to that condition.”

Jaewoon smiled and held out his hand.

“I hope to go along well.”

Jae-Woon’s smile, reminiscent of the devil’s smile we saw in the movie a few days ago.

Harold shivered.

But on the outside, he said, raising the corners of his mouth.

“..yes. We wish you well.”

#HannahMusicGroup Edan got together and met a familiar face in front of the headquarters building.

‘Is that Harold from Universal? Have you already made a contract with the people who are gathered here?’

Ethan regretted that he remembered too late that the contract was for six months.

It had already been spilled.

Ethan pretended to be welcome, raised his hand and called for Harold.

“Harold. You see it all here.”

Harold was very displeased with Haner, who unilaterally broke the contract to ban the sale of MP3 music six months ago.

He looked at Ethan with eyes that had accumulated a lot of sediment.

He smiled as if he felt better.

“Boahani seems to have come to renew the contract. It probably won’t be easy to sign a contract. We and Shawnee have already created a very good atmosphere for negotiating.”

It was a word that felt ominous for an unknown reason.

“What are you talking about?”

“haha. You’ll find out when you go in. Still, Ethan, I’m so glad I came earlier than you. If you think I’m the last to come… Ahh!”

Harold trembled and added a word.

“It’s refreshing to be able to get revenge on a traitor at least like this.”

“The last one? revenge? Harold! What does that mean?”

Ethan kept calling for Harold.

He pretended not to hear and left.

Ethan, with a heavy heart, gathered together and walked into the headquarters.

As soon as Harold of #UniversalMusic left, Ethan Colin of HanerMusic came to his fortune.

“It took a lot of hard work to come a long way. Mr. Colin.”

“no. It’s my first time in Korea, so there’s a lot to see and the food is delicious. It is a country worth visiting at least once.”

‘haha. You say you don’t want to come twice. But what? Maybe we should come every year.’

“You may want to come twice. Each time you come, you will experience a different taste.”

Ethan’s expression hardened a little, having guessed the meaning of fortune.

“What. That wouldn’t be bad either.”

“yes. Shall we go in then?”

We went to the conference room and continued the conversation.

“Mr. Kang. As I said briefly over the phone, the purpose of coming here is to extend the contract to sell MP3 music that has expired recently.”

Jaewoon thought to himself as he looked at Ethan.

‘like! cheating. If we extend the contract instead of renewing it, we can take all the conditions that were advantageous to Haner Music, so that would be a good thing. I’m not stupid, and I can’t.’

“Mr. Colin. Say it right and keep negotiating. What we want is a renewal, not an extension.”

Ethan’s eyebrows twitched slightly as if he didn’t like Jaewoon’s words.

He immediately nodded.

“I’m sorry, but I will respect Mr. Kang’s opinion. Let’s continue the story from the point of view of contract renewal, not extension.”

“I would like to take the condition of consigning MP3 consignment sales as before.”

“Well. On the same terms?”

Just as Jaewoon was saying, ‘What kind of revenge is that?’, Ethan hit the player.

“When the MP3 music market hasn’t even started yet, I hope you don’t forget that we are the comrades who went through the darkness without seeing anything.”

‘If you change the conditions here, you’re a thick-faced bastard who doesn’t even know grace.’

Jaewoon immediately shook his head.

“I am very grateful to have been with you through this difficult time. But Mr. Colin, I think that Haner Music has paid enough for it. The share that has risen so far this quarter alone totals 8%. Haner Music gave us a market share of 19% that has never been reached before, but that’s not enough, right?”

This time, fortune says, ‘If you say you’re lacking here, you have no conscience.’ turned the voice around and said.

Ethan’s face hardened like a statue for a moment.

“…I don’t think it’s lacking. Then, what is the condition Mr. Kang thinks?”

“We are busy with each other, so I will not tell you back. As you may have seen, the contract related to music sales with the person in charge of Universal just ended. Shawnee Music went faster than that. Originally, you could call for more terms than the terms of the contract, but as I said earlier, considering the relationship you have been with from the beginning, if you just match the terms of the Universal side, we will renew the contract.”

At that, Ethan sighed inwardly.

‘Huh… the exclusive contract is over. It’s too late. As long as this is the case, I’ll have to sign a consignment sales contract.’

“What conditions did you sign with Universal?”

“He said that he would pay 40% of the music sales and half of the P store promotion cost.”

Ethan screamed inwardly.

‘Oh My God! 40% of music sales. That’s almost the same percentage you give to offline music retailers. Besides, why do you spend your own money on other people’s advertisements? Universal, these guys, are you out of your mind? You’re not helping the underprivileged, are you accepting that condition?’

Ethan thought it was a crazy move.

The situation in Universal was completely different from that of Hana.

For a while, Haner Music was showing growth in sales and market share.

There was no competitor to pursue.

When Universal could not sign a contract with Damoye, Hana would have their possession reversed.

It was a situation where most of the executives, starting with the president, were stuck in a dead end.

He was ready to accept it unconditionally, unless it was a condition where there was a loss.

Ethan pondered for a moment whether he should reject this ridiculous condition.

He soon nodded.

“If you really signed a contract with Universal on such terms, it wouldn’t be a big deal. I will contract with you on the same terms.”

Ethan had already tasted the sweetness of selling MP3 music.

It’s not easy to give up on that, and the other two labels, except for Haner Music, have already signed a contract with Damoye.

Because it was clear that if only one was left out, the market share would shrink to the point where, contrary to the previous case, it was impossible to join a major record label.

I had no choice but to accept the conditions that Jae-Woon offered to cry and eat mustard.

Just like when he signed a contract with Harold, the general manager, Jaewoon smiled and held out his hand.

And I don’t know about Ethan.

Similar to Harold who had been there before, he held Jaewoon’s hand with a smile on his face.

“..yes. I will leave it up to you.”

#Highcast conference room.

I was speaking alone with President Kim Woon-jin.

“Chief Kim. How are you doing these days?”

President Kim replied with a smile.

“I wish it was always like today. Sales of the old model P-32 are gradually decreasing, but there is no worry as the C series sells so well. The domestic market share has not already fallen below 80%. In the United States, the combined sales of the old and new models are now more than 80,000 units, so the monthly net income alone is over 3 billion.”

“Hmm. Then I have to say sorry in advance.”

“The time has come to develop new products again. As you said, it’s been good these days, but everything has an end. Before the popularity of the C series fades, we release another new model.”

“It’s been less than a year since the C series came out. Can we watch a little more?”

I shook my head resolutely.

“That’s what carelessness is all about. Mr. Kim. You never know when a strong competitor will pop out at any moment. If we are not prepared in advance, we will be culled in an instant. There is no point in regretting that time.”

It wasn’t just a word.

There is no law that is forever strong.

The launch of the smartphone, which no one could have predicted, even destroyed Okia, the world’s number one mobile phone company.

I just had to do this. that’s enough.

Carelessness that started with this thought was the enemy that a businessman should be most wary of.

President Kim nodded as soon as he felt that I was sincere.

“..I see what you mean. So, what kind of product are you thinking of as the next model?”

I showed him the design of an MP3 player with a rectangular body and a round button in the middle.

“It’s a little bigger than the previous model.”

“yes. This is the model we named the P-Pod. In the future, this model will dominate the MP3 player market.”

Apple’s original Apod to be released early next year.

Hundreds of millions of units have been sold worldwide.

It has become so famous that it has become synonymous with MP3 players.

I was planning to introduce the first model of that product a year earlier.