"The company has lost money this year, do you really have no idea?"
After the shareholders' meeting, Li Xiuman kept Xiao Qian.
Xiao Qian is still different from other shareholders.
Other shareholders just take shares and really don't care about anything. But Xiao Qian is different. In addition to being a shareholder, he is also involved in the company's specific affairs, so at the end of the year, he can say more.
"Everyone understands what's going on."
Xiao Qian took a sip of tea, which Li Xiuman brewed himself.
In a few years, there won't be many people who can let the president of the conference make tea himself.
He frowned after just taking a sip.
"If you want to drink tea in the future, I will give it to you. Don't buy it yourself."
Li Xiuman was slapped in the face.
"Fake?"
"If you buy some tea from Baocheng, of course it's true. It's just that you are a Korean and have no way to buy pure Yuqian Longjing. Are you kidding me?"
Li Xiuman's old face turned red.
"Damn liar."
It was just a joke and the loss was over.
Whatever Lee Soo Man says next will be good things.
"The Golden Disc Awards will be held in a few days. You have been nominated, will you go?"
"I?"
Xiao Qian was a little surprised. She didn't expect that someone in a foreign country would still miss her.
"It's the Best Producer Award. You have so many good works this year, it can't be justified not to give it to you. But no one in the organizing committee knows you, so I sent the invitation letter to the company."
Throughout 1996, Xiao Qian produced a total of five songs in South Korea: "Descendants of Soldiers", "Candy", "Black Cat", "On the Bus" and "Kungtari Shabara".
The first song became a hit, sweeping the music scene.
Among them, HOT's album sold more than one million copies in total, making it the record sales champion this year.
Under such circumstances, there is really no one among Korean music producers who can compete with him.
It can be said that this award is in his pocket.
"Forget it, I'll have someone pick it up on my behalf when the time comes."
However, after Xiao Qian's accident, she didn't take it to heart.
I haven’t even gone to receive awards at music festivals, let alone South Korea’s Golden Disc Awards.
He is now a big shot and cannot show up easily. If he goes up to be awarded an award, his price will drop.
Li Xiuman rolled her eyes, understanding what he meant, and smiled helplessly, but she didn't force it.
If Xiao Qian only said to collect it on behalf of him, then he would leave it to HOT. Since he specifically said to find someone to collect it on his behalf, obviously the only ones who can do this are Big Hit singers.
By then it will be either Turbo or ZAZA, not a singer from SM company anyway.
Li Xiuman understands that although Xiao Qian has put Big Hit under the umbrella of SM, he still needs to maintain a certain degree of independence and does not want to be too deeply influenced by SM.
But thinking about Big Hit’s music route, he has long since given up on the idea of interfering.
What SM Company wants to do is to polish the perfect idol music, while Big Hit focuses more on the freedom of music.
There are no strict restrictions on the singers under the banner. They only value the quality of the singers and can make any kind of music.
This is absolutely not allowed for Lee Soo Man.
If we have different paths, we should not seek each other's will. Non-interference, mutual benefit, is the most ideal situation.
"This is for you, I believe you will be happy."
Li Xiuman handed over another document, but it was not the company's financial report.
Although it is still related to money, it was earned by Xiao Qianchun.
This money is Xiao Qian's copyright income.
This is his income as a music producer. It is an account settled by the Korean Music Association alone. It does not enter the financial system of SM Company and Big Hit Company. It is only collected by SM Company.
Xiao Qian looked at this document more seriously.
Among the five songs in 1996, the one that brought him the most copyright income was "Candy". HOT's strong influence can be seen, with a total of more than 780 million.
No wonder those entertainment companies are willing to create idol groups. In the coming era, they will really make money.
Even the smallest one, "On the Bus", has a copyright income of 240 million.
Together, the five songs provided Xiao Qian with a total income of more than 1.8 billion in the past year.
In other words, Xiao Qian does nothing, and with this income alone, he is a high-income person in South Korea.
Of course it makes you happy to make money.
Xiao Qian happily signed the document, and the fee will be entered into his personal account before the year.
Since the revenue from music copyrights is so good, one can imagine the company's operating conditions.
Back to Big Hit, the smiling faces of Luo Chongxi and Cui Junrong said everything.
"Representative, in the past year, our company's total revenue was 28.7 billion won, and the total expenditure was 21.1 billion won, so the total profit was 7.6 billion won. This is the account details, please
You take a look."
This was his own property, so Xiao Qian took it a lot more seriously and reviewed it item by item. Only after he had mastered everything did he feel at ease.
The cost of running an entertainment company in South Korea is really high.
Of the 21.1 billion cost expenditure, the company's administrative management expenses accounted for half.
The salary expenses of company employees are 5.7 billion won, the property management expenses are 3.5 billion won, the material loss expenses are 1 billion won, and the expenses for water, electricity, vehicles and social activities are the remaining portion.
The other half of the cost is entirely on the artist.
Throughout the year, the Turbo team's expenses were more than 5 billion. Although the ZAZA team has more people but was established later, the expenses were 3.7 billion won.
The remaining fees are shared equally between Lee Jung-hyun, Leessang and other artists who have not yet debuted.
After this calculation, the net profit is over 7 billion, which is really not easy.
Xiao Qian was very wise and took out two billion and gave them to Luo Chongxi and Cui Junrong respectively.
This is the income from the two people's shares. It was not that much originally, but there is still 500 million, which is an additional red envelope reward from Xiao Qian.
Big hit can develop from nothing to its current scale. These two people deserve the most credit, and giving rewards is the best way to unite.
Sure enough, at the end of the year, the harvest was full, which made both of them very happy, and their centripetal force towards the company increased a lot.
Another 2 billion of the profits belong to Xiao Qian, so he can feel at ease with it.
As a result, in South Korea, he personally earned nearly 4 billion in 1996.
In the 1990s, even in the entertainment industry, such income was extremely exaggerated.
At present, even the top stars, such as Ahn Sung-ki, cannot have such a large income.
There is nothing more satisfying than making money.
The door to Xiao Qian's office was knocked open, and Jin Zhongguo and Shen Zaiyuan walked in with smiles.
"Representative, do you want to settle the bill for us?"
Xiao Qian scares them.
"No, money will be deducted."
"Hey, the representative has prepared such good tea, it must be settled."
Shen Zaiyuan is a smart kid.
Well, since he couldn't be deceived, Xiao Qian also smiled. He handed the document to the two of them and made a summary.
"Although your activities this year are not very hard, you have made a lot of money for the company. So I can't treat you badly and let you have a good year."
The two took the document and looked at it happily. They were both very satisfied with their income.
Basically, Korean artists will not have any income when they first debut.
The company has invested so much and will not have the kindness to pay artists if it does not recoup the cost.
That's Big Hit. There are no artist training costs, and Xiao Qian disdains exploiting artists, so since their debut, they have adhered to the tradition of settling accounts every six months.
Throughout the second half of the year, Turbo made a comeback, and the album sold 720,000 copies.
Participated in 420 commercial performances, 75 TV shows, and six advertising endorsements. In the life of an artist who seems to be full of plenty, he is actually very busy.
However, their harvest is also rich and worthy of their sweat.
In the second half of the year, Turbo's total revenue was 6.4 billion, and after deducting costs, it had a surplus of 3.5 billion.
Two billion of them will be distributed to everyone in the Turbo team, and they will get a lot.
Kim Jong Kook had more private activities, so he received 830 million.
Due to his age limit, Shim Jae-won cannot attend many events, so he only has 370 million.
But considering that at his age, most people are still studying, he can earn over 100 million a year, which is something to be proud of.
