star of the peninsula
Chapter 1149 Nothing New
Chapter 1149 Nothing New
With C headquarters establishing the AI project and successfully bringing in Soy Sauce Bottle, Cube Entertainment, and Starship to join, the task of dealing with iHQ has been completely completed.
After taking the shares of Cube Entertainment held by iHQ, C headquarters will have more than 70 points of shares, and Cube Entertainment will completely become a subsidiary of C headquarters.
Chen Chen didn't think there was anything wrong with it, but he was a little surprised that the progress bar of Cube Entertainment was moving faster than Starship.
At the same time, Chen Chen also fully realized how small the South Korean entertainment industry is.
"C Headquarters, Starship, and Cube Entertainment worked hard, and Soy Sauce Bottle did everything he could, and the amount of 'super-large-scale' funds we squeezed out was a little more than a small goal."
"Think about the mainland. Tsk, I feel dizzy. The gap is too big."
"Soy Sauce Bottle and C Headquarters are considered top-tier entertainment companies, and Starship and Cube Entertainment are second-tier entertainment companies. Why are they doing so poorly?"
"The funds for these two small goals would probably not be even considered by the bigwigs in the domestic entertainment industry. After all, it is just the income of a top artist from performing in variety shows for a year."
"Wait, a top artist has to run a variety show for a year? This seems acceptable. It doesn't hurt so much anymore."
"Then let's put it another way. Others get twice the income from their fans."
"OK, now I'm really angry. I can now openly complain about this tiny market of South Korea!"
"Great! Instead of reflecting on yourself, blame others. That's what you have to do!"
"..."
"What are you mumbling about?" Pei Zhuxuan brought over some cut fruits. "Have you settled the matter of Cube Entertainment shares?"
"It's done. We're going through the process now." Chen Chen gave her a thumbs up. "The funding provided by Alin Canteen is really a big help!"
"I'm glad I can help you. Alin Canteen is finally not a useless business that only needs help from you!" Pei Zhuxuan puffed out her chest proudly, "I, the boss lady, can finally hold my head up in front of you, the big sponsor!"
"Okay, okay, let's not talk about such tiring things." Chen Chen waved his hands casually and asked, "Have you read the script I gave you? Have you found a role specially designed for you?"
Since the script of "Women of the Wine Cabinet City" has been revised, the extra characters requested by Chen Chen must have also been created by the author.
The three main female characters even wrote a separate script for the extra character of Bae Joo-hyun, and Chen Chen already had the capital to be so willful.
"That role is almost written with my name. If I can't find it, wouldn't it be a waste of your kindness?" Pei Zhuxuan blinked and asked curiously: "But how did you convince the author? Shouldn't the author have his own persistence and not give in to external things?"
"You are talking about writers from a long time ago, not authors today." Chen Chen replied with a smile, "Among authors today, there are definitely people like you imagine, but they are definitely not the ones I have met in the past few years."
"Authors are also human beings and need to live. You can't let them starve themselves to death just to achieve the image you imagine, right?"
"They have clearly stated, 'I don't want to die, I want to commercialize and make money,' and you insist on forcing them to reject commercialization and starve themselves to death. This is actually your fault." Chen Chen shook his head. "It's too much for other authors."
"What do you mean?" Pei Zhuxuan heard a little voice-over, "Did someone really do this?!"
"There is nothing new under the sun." Chen Chen responded ambiguously: "Who knows if something like this is really happening somewhere?"
"Ah~" Pei Zhuxuan suddenly felt a chill, "This is too much!"
"Whatever." Chen Chen was too lazy to elaborate and changed the subject with a smile, "What are you eating later? Order takeout from Alin's Canteen and contribute to its sales and I'll pay you back?"
"Then how much takeout do you have to order to pay it back, and are you sure you want to pay it back?" Pei Zhuxuan rolled her eyes, "Every time someone secretly changes it to a deluxe version for you, our Alin Restaurant loses money every time!"
"Haha, that seems to be the case." Chen Chen laughed out loud, "Then let's go order takeout from someone else."
"No, we'll do what we have to do. Arlin's canteen can deliver it even faster." Pei Zhuxuan waved her hand generously, "You don't have to pay back the money. Compared to what you invested, I only gave you this little. It should be that I owe you."
"But you still have to pay back the money owed to others." Pei Zhuxuan sighed and sat down next to Chen Chen. "You must not owe Starship and Cube Entertainment too much money. You also have to pay back the money owed to Soy Sauce Bottle as soon as possible."
"Is it possible that I don't have to pay it back?" Chen Chen made an explosion gesture with his hand and joked, "Bang, this project exploded. Strictly speaking, everyone's money was lost on their own initiative. It's not my fault."
"Come on, your good image is much more important than that money." Pei Zhuxuan curled her lips, "How could Starship and Cube Entertainment be willing to put their lives on the line? Would Soy Sauce Bottle be willing to put himself in a very dangerous environment?"
"Is it possible that they know I can definitely pay it back?" Chen Chen pinched a piece of apple and put it in his mouth. "It's just that there are things I really don't want to move and things I can't move temporarily that force me into such a difficult situation. If time is extended a little, I will have many ways to solve it."
"For example?"
Bae Joo-hyun hopes to get two examples.
"For example, I can let Integrate make two waves of profit." Chen Chen said seriously, "Integrate has been out for more than a year, and has never done any serious leeks-making activities. If they really do this twice, they can get a lot of working capital in half a month."
"But you definitely won't do that." Bae Joo Hyun was very sure, "You have planned so much for the girls this year, how could you ruin the most important year of Integrate for something like this?"
He hasn't even made an official comeback this year and he's already waving his sickle at the leeks. This is too unpopular. Not to mention that Chen Chen is unwilling to do it, even the Golden Age can't let Chen Chen do this.
"In addition, I can transfer the pressure to the Hybe speaker." Chen Chen lay down on the sofa contentedly. "Look at the current Hybe stock price. The value of the five points of shares I have is enough for me to buy two whole Cube Entertainments."
Hybe is indeed a dark horse that has turned an entertainment company into an officially certified large-scale enterprise. The money Chen Chen invested in their stocks has more than tripled.
As long as Hybe doesn't do something like BTS suddenly suspending its activities, the upward trend will probably continue.
"Then why don't you do that?" Pei Zhuxuan asked curiously: "Don't tell me that you have a good relationship with Chairman Fang and don't plan to do that. You can't fool anyone."
"Because it's definitely impossible." Chen Chen smiled bitterly and said, "I am a major shareholder. If a major shareholder wants to sell his shares, he must hold a meeting. Once the meeting is held..."
"You know." Chen Chen shrugged. "That's Speaker Fang's territory. He will definitely consider various situations and choose the worst result for me."
"..."
"The relationship between you two is really complicated." Pei Zhuxuan teased: "What is this, love and hate?"
"Don't just learn a word and use it!" Chen Chen was almost disgusted, "I've never loved! And I've already planned to sell off some shares after reading Hybe's information and withdraw from the position of major shareholder."
"I've made enough money, and I can get the information I want now. It's time to get rid of the shackles of being a major shareholder."
"If anything goes wrong, we can still throw some Hybe shares to help out. This is something that major shareholders can't do. It's also a lesson I learned from the iHQ incident."
"Give some shares to Chairman Fang, so that he can fill all the holes and keep some in his hands." Chen Chen had arranged everything. "The rest will really be used in this AI project. If something is really developed, we will make a lot of money."
"Does that mean you've already started selling your shares?" Bae Joo-hyun asked.
"Well, it's just a matter of communicating with Chairman Fang. Once the communication with Chairman Fang is done, he will definitely not cause trouble for me during the meeting." Chen Chen laughed, "Chairman Fang also promised to give me more money when he repurchases the shares, but I guess he can't afford it, and he probably doesn't have any extra money to use." "Or you don't sell Hybe's shares for the time being, keep them in your hands and wait for their value to increase, and then borrow some money from the bank yourself?" Bae Joo-hyun suggested, "Which company doesn't owe the bank money? It's normal for everyone to owe some money."
"But Hybe's stock price will drop a bit soon." Chen Chen shook his head. "If nothing unexpected happens, the next official news from Gfriend will be that they have disbanded. This will be a big move that will affect the stock price. I want to get things done before that happens."
"If you already have a plan, then you don't have to listen to me." Pei Zhuxuan clapped her hands, "Okay! I'm going to order takeout, tell me the name of your dish!"
Chen Chen grinned and accurately named two famous dishes.
"Whatever, it's fine."
……
"President Li, why are you calling at this time?"
When Chen Chen was busy and overwhelmed, Lee Soo Man suddenly called him, which was a bit strange.
"I heard that C headquarters has come up with a good project that can attract 5 billion won of investment from Soy Sauce Bottle, so I hurried over to join in the fun." Lee Soo Man came up and turned the tables, "Boss Chen, you are a bit dishonest, doing good business in secret, and no one in the circle has any news!"
"If there really was no news, how did President Li get the news?" Chen Chen smiled, "And things are not what you think. This project is just an excuse."
Chen Chen did not tell Lee Soo Man what the specific matter was and the real purpose of the project. He just let him know that he really could not get involved in it.
As for what Lee Soo Man will think after he returns, Chen Chen doesn't care. He is not Lee Soo Man's guardian and is not responsible for him.
There was no need to explain. The moment the deal with iHQ was concluded, almost everyone in the industry knew what was going on. There was no need to bother with it.
It’s just that Lee Soo Man’s ability to act on the news is a little too outstanding, and the key is that he is thick-skinned enough to come over and ask a few questions with a flattering face. No wonder he can succeed.
After hanging up the phone, Chen Chen slid his chair over to the two assistants.
"Have you got all the materials and stuff?"
Chen Chen would naturally use such a good opportunity to train his assistant, so Zhiyan and Jin Liuran were called to the president's office to work these days.
After hearing the news, Shirley originally wanted to come back to help, but Chen Chen told her that as the president, he had to handle the whole thing personally and there was no need for her at all, so she continued to enjoy her vacation.
“Everything is ready!”
Park Ji-yeon patted the documents on the table and called out their names one by one, clearly arranging which documents corresponded to which people and which departments.
"Now we just need to wait for iHQ to come over and sign the contract." Jin Liuran added carefully, "Once the contract takes effect, most of these materials will immediately lose their value."
"Okay, then we just have to wait until tomorrow at noon to sign the contract." Chen Chen was relieved and felt like joking. "It's better to leave it at noon. It can avoid problems that may happen sooner or later!"
"..."
These two pure South Koreans naturally didn't understand the meaning of Chen Chen's sudden witty remarks, and could only stare at their boss blankly.
"Ahem." Chen Chen touched his nose and changed the subject, "What did Liu Ran realize from this incident? Did he gain anything?"
Explaining the joke was a bit too boring, so Chen Chen chose to torture the assistant.
"I realized that C headquarters is very powerful. They were able to raise the liquidity to buy 30% of Cube Entertainment in just one week!" Jin Liuran's face showed admiration. "The president is extremely capable. It's no exaggeration to say that we were able to handle this matter well thanks to the president!"
"Haha, it's useless to flatter the boss. I, as the president, am not old enough to listen to such words." Chen Chen stretched lazily. "It's just that I have to take a break after I finish my work tomorrow. I have been using my brain too much these days."
In addition to dealing with the iHQ issue, Chen Chen will also take a look at the new script that C headquarters has received.
There's no way. It's not that Chen Chen wants to put so much pressure on himself, nor is it that he, Chen, has changed his lazy nature and become diligent. It's just that the timing is a bit too coincidental.
He had just asked someone for TV drama resources when iHQ came to him. As a result, Chen Chen had to take care of both sides at the same time within a certain period of time.
It is certainly impossible for the TV station to leave the script here for you to watch. Others have to push the script forward and turn it into a TV series for their own use. C headquarters does not have that much face to keep others waiting.
So Chen Chen could only desperately squeeze in time to read the script, which made him feel not in good spirits these days.
Fortunately, both iHQ and the TV station had gains, otherwise Chen Chen would have to vomit three liters of blood to relieve the depression in his chest.
"Oh, everything will be fine~"
"Once the contract is signed tomorrow, it's done!"
……
By noon the next day, all of South Korea knew that C Headquarters had purchased Cube Entertainment shares from iHQ.
People were not shocked by what happened. They were only shocked by the speed of the transaction between the two sides, which was as fast as buying things in a supermarket where one pays and the other hands over the goods.
And this is exactly the result Chen Chen wanted.
It has to be fast. If you can't do the payment and delivery at the same time, why do you have to do it in cash? Can't C headquarters make money slowly and buy slowly? Isn't it because you are afraid of accidents in the middle?
If anyone wants to cause trouble for C headquarters or if some big shot wants to enter the entertainment industry, C headquarters will be the one in trouble.
Now that C headquarters holds more than 70 points of Cube Entertainment shares, no one will want to make a fuss about Cube Entertainment anymore, because no matter how they do it, they will just be a clown.
This means that C headquarters has one less weakness. The originally most unstable Cube Entertainment has now become the most stable employee and loyal servant of C headquarters.
It just seemed like someone couldn't stand seeing C headquarters being so comfortable, and Chen Chen had just enjoyed himself for a few hours when someone else came up with a new task for him.
"On March 24th at 6pm, Seo Soo-jin was exposed for school bullying."
The timing is very precise, just to disgust you and make you feel uncomfortable.
After reading the news, Chen Chen scratched his chin and cursed softly.
"Fuck your grandma's KakaoM!"
……
(End of this chapter)
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