Xiao Qian was greatly impacted by Pu Yunrang's investment methods.
But if you think about it carefully, it makes sense, and the prospects seem extremely broad.
He invested 200 million in roo'ra and got back 10 billion.
Now take this 10 billion and invest it in 100 musicians. As long as two of them can achieve roo'ra results, that will be 20 billion results.
Nowadays, the Korean pop music market is so hot, and there are so many capable people out there, why not just do something and it won’t be popular?
Although Xiao Qian is not a very greedy person, he was shocked by this kind of return on investment ratio and instantly became humble.
"President Park, you must make a lot of money, right?"
As soon as he asked this question, Pu Yun made the scene quiet. His old face was turning green and red, just like a hair salon in Qingliang, making people couldn't help but take a closer look.
But he just didn't speak, which was in vain to make people anxious.
Still, Li Shangmin couldn't stand it anymore and explained awkwardly.
"President Park has invested in a hundred musicians, ahem... the one with the best results is Zhuo Jae-hun, who only... uh... only sold 4,000 copies."
Xiao Qian was dumbfounded, looking at Pu Yunrang who was so embarrassed, she was astonished.
Xiu'er, is that you?
You just randomly invested in Roo'ra and made ten billion. In the end, you invested a hundred people, but lost all your money...
Xiao Qian woke up instantly and never had such sweet dreams about money again.
"Ahem, let's talk about this investment."
Speaking of business, Park Yunrang finally recovered a little.
"Representative Xiao, I have been paying attention to Big Hit recently. I have found that every time your singer comes back, his results are very good, and he is definitely a rare potential stock. Shang Min also said just now, I have... recently suffered a bit of losses.
Duo, the company actually...actually has some difficulties and urgently needs additional funds. If Representative Xiao allows me to invest, I will be very grateful."
Xiao Qian understood.
After making huge profits from Roo'ra, this guy suddenly expanded in size. That's why he started an investment plan for 100 people, and ended up losing so much that he lost his pants.
After the huge world music lost 10 billion, it became extremely difficult to maintain it, so I wanted to find high-quality stocks to invest in and quickly recover.
And his big hit is that high-quality stock.
Throughout 1996, Turbo made two comebacks and Zaza debuted, and their results were very dazzling. This is definitely unique among small and medium-sized entertainment companies, so Park Yunjang focused on it.
However, after the analysis just now, Xiao Qian also knows that this kind of investment is actually very necessary for the current company.
Park Yun-jang said he had a lot of thanks, but what kind of thanks was that?
He didn't speak, just remained silent. In fact, he was too embarrassed to ask.
Fortunately, Park Yunrang is relatively wise and knows how to take the initiative.
"I heard that Representative Xiao always stays in a hotel every time he comes to Korea, which is definitely inconvenient. I happen to have an unused property in Samseongdong. If Representative Xiao likes it, I can transfer it at a low price."
Damn it, the real estate in Samseongdong...
Xiao Qian was shocked.
Unexpectedly, Park Yunrang was so awesome that he even gave such a good property as a gift.
People who often follow Korean entertainment certainly know what the house in Samseongdong means.
Kim Tae Hee, Son Ye Jin, Song Hye Kyo, Lim Yoona, Jun Ji Hyun and other top stars all live there.
In South Korea, Samseong-dong is synonymous with top luxury homes.
But he reacted quickly.
It is still the 1990s, and the current Samseong-dong is not the Samseong-dong later. The current Korean real estate is not so exaggerated.
Nowadays, the average price of Chuanhuan is only 35 million, which is far less than the hundreds of millions in later generations.
In addition, Park Yunrang plans to transfer at a preferential price, so Xiao Qian actually needs to spend less.
It is impossible for Park Yunjang to not know his net worth, so the property he gave away will definitely not be bad. Otherwise, it would not be a good relationship, but a feud.
"Haha, thank you very much, President Park. I'm looking forward to cooperating with President Park. Believe me, the return of Turbo and Zaza this time will only be better."
He just agreed, finally making Pu Yun feel relieved.
Looking at the young Chinese boy in front of him, Park Yun let his heart waver for a long time.
He has been in the business world for many years, with ups and downs, good times and bad times, and has experienced everything.
But it was really the first time for him to see a young man who founded such an industry at such a young age.
He learned a lot about Xiao Qian from Li Shangmin and knew that this young man had a much larger industry in China and his strength was unfathomable.
Now that he has finally established a relationship, he naturally refuses to let go easily.
"Looking at the prosperity of Big Hit, I feel really ashamed. Representative Xiao didn't know that I was not originally in the entertainment industry. I just accidentally invested in Shang Min and others and found that this industry is quite profitable, so I founded World Music.
As a result, the business has been successful during this period, eh..."
It seems that this guy has lost a lot, not just the 10 billion.
Li Shangmin helped explain it.
"President Park used to be in the foreign trade industry. Now that he is older and wants to settle down, he started operating in the country."
Having said this, he suddenly spoke again.
"Oh, by the way, President Park is also a proportional representative member of the Seoul Central District in the National Assembly."
Xiao Qian's whole body felt bad.
Is it wrong that you are only introducing such an important identity now?
To him, Park Yun-rang’s foreign trade business, world music, etc., are actually nothing.
In the entertainment and culture industry, to be honest, there are not many people in his eyes nowadays.
Only the identity of this congressman is too important.
The biggest trouble for Xiao Qian's career in Korea was that he had no background. He had no choice but to affiliate himself to SM Company.
He was quite worried. If Li Xiuman dumped him one day, or started to attack him, there wouldn't be many ways he could deal with it.
If I had a friend who was a member of Congress...
Haha, then there will be a lot more room for him to use his fists and kicks.
Just as he was making plans, unexpectedly Pu Yunrang actually thought of going with him.
"I hit it off with Representative Xiao today, and your management ability is even more admirable. If Representative Xiao doesn't mind it, how about I invest in World Music's assets and merge with Big Hit?"
Xiao Qian felt a surge of adrenaline, and his mind was extremely excited, prompting him to quickly think about the pros and cons.
Park Yoon Rang wants to invest in Big Hit, which is of course a great thing. In the process of development of any enterprise, of course, it will not refuse the entry of capital.
However, there are many issues that need to be paid attention to with this proposal.
If big hit and world music merge, the first problem is right in front of you.
"President Park wants to become a shareholder, of course I welcome it. It's just roo'ra..."
Today's roo'ra is not just popular. They just won last year's Golden Disc Award. They are also the only singers in Korean history to win the award with a mixed vocal group.
In the current market value, both turbo and zaza combined are far behind.
If the two companies merge, wouldn't Park Yoon Rang have to take a larger stake?
However, Li Shangmin's words made Xiao Qian understand that he was worrying too much.
"Ahem, Representative Xiao misunderstood. We Roo'ra do not belong to world music. The relationship between us and President Park is just an investment."
Many people have a misunderstanding. They always think that there is an agency first and then there are singers. But in fact, this rule only applies to idol singers.
For many Korean singers in the 1990s, the threshold for debut was actually not high.
If a few like-minded friends get together and think something is possible, they will make their debut.
The only difference is whether they have the strength and opportunity to become popular.
Roo'ra debuted as early as 1994, and Park Yunjang invested in Roo'ra's second album "Angel Lost Wings" in 1995 and made 10 billion. Seeing the booming prospects of this industry, he founded World Music.
This order determines that the leadership of roo'ra is in the hands of Lee Sangmin and does not belong to world music.
Xiao Qian finally felt a lot more relaxed after learning that this was the case.
Without the giant crocodile Roo'ra, World Music will not be able to surpass Big Hit in terms of size no matter what. So even if the two companies merge, the leadership will definitely be in his hands.
Xiao Qian had no regrets at all about not being able to get Roo'ra under his command.
Although roo'ra is enjoying great success now, this combination has too many problems.
Li Shangmin himself is a restless boss. After a lot of troubles, he successfully turned himself into a lonely pauper. He spent a lot of effort to get back on his feet, but was overwhelmed by the huge debt.
.
Shin Jung-hwan, another member of the group, later became famous in variety shows and was doing well at first. However, he became addicted to gambling and refused to change despite repeated admonitions, which ultimately ruined his entire career.
Gao Yingxu is even more disgusting. He was convicted of molesting a minor and imprisoned. After he was released, he could only live in electronic shackles and was despised by everyone.
Xiao Qian didn't want to bring these things around and end up making her look embarrassed.
"I am touched by President Park's sincerity. After I discuss it with the other shareholders of the company, I believe our cooperation will have broad prospects."
Xiao Qian naturally cannot make the decision on such a major matter as a company merger. He has to seek the opinions of Luo Chongxi and Cui Junrong. But he feels that those two people will not have any objections.
