Peninsula: From Water Injection to Stardom

Chapter 159 Amendments to the Contract

The impromptu meeting between Yuehua Entertainment did not go very smoothly.

However, the unsuccessful aspect was not about whether to accept the cooperation with Sony, but rather that Jiang Yan held different opinions on the way he signed the contract with Sony.

During this meeting, Jiang Yan first proposed the idea of ​​revising the existing contract terms between him and Yuehua Entertainment and establishing a separate studio within the company.

He wants to sign a record deal with Sony after he sets up his own studio.

This idea caught Du Hua and the others off guard.

So much so that even negotiations regarding a record deal were temporarily put on hold.

Jiang Yan's initial contract with Yuehua Entertainment was for five years, but it hasn't even been a year yet.

Logically, the contract should be renegotiated five years from now.

Du Hua, who participated in the meeting via video link, did not fly into a rage as expected. She seemed to have anticipated this, and simply stated in a relatively calm voice that the matter needed to be discussed properly, and that she would be leaving for South Korea the next day.

The meeting then abruptly ended in just a few minutes.

After leaving the conference room, Jiang Zhennan followed Jiang Yan downstairs, finally catching his breath before saying, "Big brother, I really am calling you big brother now! Next time you're going to talk about something like this, could you at least let me know beforehand? What you said scared me to death!!"

Before today, Jiang Zhennan was genuinely unaware that his younger brother was planning to open a studio, and it was clear that this was something he had been planning for a long time.

Jiang Yan chuckled nonchalantly, "It's nothing serious, why are you so flustered?"

"Damn, this isn't even a big deal? Didn't you see how the expressions on the faces of those managers changed the moment you finished saying those things?"

"So what? This is just a normal request."

"That's true, but—what if they disagree?"

"I disagree. It's simple. Just pay the penalty for breach of contract and leave. Then you can just switch to another brokerage firm."

Jiang Yan shrugged and said nonchalantly.

The contract he signed with Yuehua Entertainment only had a few million yuan penalty for breach of contract, which he can easily pay with his current net worth.

To put it bluntly, when Du Hua signed him in the first place, she never imagined that Jiang Yan would become this popular a year later, which is why the penalty for breach of contract was not set very high at the time.

This is also the source of Jiang Yan's confidence to propose amending the contract.

Unwilling to renegotiate? Then don't renegotiate.

With his current fame, there are plenty of companies that want to sign him as an agent.

This is the confidence of singers with their own production capabilities; when the trend has already taken hold, they can maintain a dominant position in the face of a company.

Unlike those talentless artists who are merely products packaged by their companies and have no autonomy whatsoever. (No offense intended towards SM Entertainment)

Moreover, Jiang Yan saw that Du Hua did not get angry after hearing the conditions he proposed, which made him realize that the other party must have figured out his true intentions.

Presumably, after hanging up the phone, Du Hua was already in China holding a meeting with other senior executives of Yuehua Entertainment to discuss the matter.

Jiang Yan was looking forward to the final outcome of the negotiations after the other party came to South Korea.

He didn't actually intend to leave Yuehua Entertainment; given the right conditions, he would continue to stay.

After all, he was quite comfortable using Yuehua Entertainment's team, and he didn't need to take on many of the "dirty and tiring tasks" himself.

Should I start my own entertainment company like Pug?

But after Bago founded JVR Music, all of his record contracts were signed with Sony for distribution, so that so-called company was no different from a studio.

The only difference might be that Jiang Yan's studio will be affiliated with Yuehua Entertainment, while JVR Music is independent.

Du Hua arrived in South Korea the following afternoon.

Upon arrival, she immediately convened a meeting with Jiang Yan and a group of core management members from South Korean entertainment company Yuehua Entertainment.

The meeting lasted for more than two hours.

In short, after the meeting, Jiang Yan got the result he wanted.

The original contract was amended, and a supplementary agreement was signed.

The contract term remains unchanged, but the original 70/30 split has now been changed to 30/70.

Most of the operational rights have also been taken back, and Jiang Yan's own studio will take the lead from now on.

There are also many revised clauses, which will not be listed one by one.

However, similarly, the penalty for breach of contract increased tenfold after the terms were changed.

Jiang Yan didn't care about this, since the time limit was there anyway.

However, confirming the changes to the core terms also takes time, which is about one or two weeks to complete the entire process.

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Jiang Yan can afford to wait this long.

While waiting, on the morning of the 7th, Jiang Yan flew to Yanjing again.

This time, he brought not only his own team, but also Nana's team.

The two sides set off together and arrived at a hotel near the International Trade Center, the venue for the event, a few hours later.

At 2 p.m., in the hotel suite, Jiang Yan had already changed into her red carpet dress for the day.

A dark red velvet suit, adorned with Tiffany accessories at the shoulders and neck.

Wearing it, Jiang Yan exuded an air of nobility and composure.

As he walked out of the room, Nana, who had also changed into a formal dress, saw his outfit and immediately praised him with a smile, "You look really handsome today."

Upon hearing this, Jiang Yan deliberately retorted, "Is it just that the clothes are cool?"

After staring at him for a while, Nana smiled and said, "Does the world's most handsome man need my approval?"

"Of course, wouldn't it be more convincing if the world's most beautiful woman testified to it?"

"Haha, then I'll confirm it, Jiang Yan is really handsome."

"Thank you, senior, you are really beautiful too."

After each of them finished praising the other, they exchanged a knowing smile.

After chatting for a few more minutes, Jiang Zhennan walked over from a distance and reminded them, "The car is downstairs, we should leave."

Jiang Yan nodded, but before setting off, he and Nana took a photo together.

After the photoshoot, the group boarded a van and headed to the red carpet event.

This time, he was second to last on the red carpet, so there was no rush.

Upon arriving at the venue, Jiang Yan gentlemanly raised his forearm to help Lin Zhenna out of the car, and the two went together to the backstage waiting room.

After arriving here, they have to wait a while longer so that the artists in front can come out in order.

There were many top-tier fish streamers present today, as well as quite a few big and small-sized fish.

However, what surprised Jiang Yan the most was that a lot of South Korean celebrities came to this Weibo Night event.

The Running Man group included three people, led by Lee Kwang-soo, Park Jin-young with Nichkhun from 2PM, and all the members of BEAST.

Although he knew it was normal to see South Korean celebrities in mainland China at this time, he couldn't help but feel strangely like he was still in South Korea even though he had returned to China.

After waiting for a long time, more than fifty minutes in the waiting room, a staff member came to inform him that it was finally his turn to walk the red carpet.

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