OBS Chapter 11 You'll Get What's Coming [Please Read On]
Chapter 11 You'll Get What's Coming [Please Read On]
10:00 AM, Loen Entertainment, rooftop office.
"Slurp~"
Lin Yuan put down his teacup and coughed lightly: "President Shen, Minister Kim, let's talk about the contract."
Shen Yuanxiu and Jin Dayong exchanged a glance, wondering how a trainee could find a lawyer from Hongsheng, who was known for being difficult and expensive.
Shin Won-soo placed his hand on the sofa and subconsciously tapped it. Kim Dae-yong, who was standing next to him, immediately understood and asked, "Um... may I ask your name?"
"My surname is Zhang, and I am Mr. Lin Yuan's legal advisor. This is my business card."
Jin Dayong took the business card and carefully put it in his pocket. This was Hongsheng's lawyer, who could come in handy at crucial moments. From the Blue House to the chaebols, everyone respected him. That was his reputation.
Shen Yuanxiu gave him a disdainful look, then turned and put his business card in his pocket. He wanted to get on this bandwagon too, didn't he?
Jin Dayong handed over two contracts and said, "Let me briefly explain the contents of the contracts."
Firstly, regarding compensation: Since it's a limited-time group, it was originally intended as an experiment for the company, and whether it makes money or not isn't important. Therefore, the profit sharing is relatively high. After deducting the investment, the company takes 50% of the profits, and the other 50% goes to the members, which works out to 25% per person.
Lin Yuan smiled and nodded without responding. Money didn't matter; Li Zhi'en wouldn't mistreat him, would she? And whether he earned enough for his allowance in a month was another matter. Anyway, he didn't need to worry about it; everything was handled by the lawyer.
Seeing that no one was paying attention to him, Jin Dayong awkwardly dug his toes into the ground, but he couldn't afford to offend anyone, so he could only continue in a huff: "Second, you are not allowed to date during the contract period! You are not allowed to deliberately cancel or postpone any trips, except in special circumstances! You are not allowed to participate in or make any political statements."
Lin Yuan almost couldn't resist. No dating? Go and see how many people actually abide by that rule. They all date secretly in private. Companies that make money will cover for you, but those that don't will terminate your contract, freeze your career, or make you lose money.
"Minister Kim, I have a question I'd like to ask you."
"Lin Yuanxi, you speak."
Regarding the copyright issue of the song, I hope the copyright belongs to me personally. I wonder if the company can agree to that?
"This..." Jin Dayong was at a loss for words.
If any other newcomer dared to ask that question, he would have kicked them out long ago. The company spends money to train you and promote you to debut, and you not only don't appreciate it, but you also dare to mention copyright? He'd break your legs.
But the other side is Hong Sheng. Even SK, the company behind Loen, doesn't dare to offend them. He can't say anything reckless, so he can only pass the problem to Shin Won-soo, since Shin Won-soo is a trusted confidant of SK.
"Ahem, um..."
"Please wait a moment. We disagree with the clause in the contract that it cannot be amended or re-signed within two years." Attorney Zhang suddenly spoke up, interrupting Shen Yuanxiu, whose brows furrowed and face turned ashen.
"Attorney Zhang, this clause applies to every artist. Since it was introduced by Ji-eun, we have already shortened the timeframe considerably."
Shin Won-soo forced a smile and said.
Lin Yuan saw everything. He could only say that the old fox was truly skilled at maintaining composure; if it were him, he probably would have flipped the table.
"I don't agree with President Shin's suggestion. Since it's a limited-time group, its existence won't be long."
Lin Yuan chimed in at this moment, "President Shen, time is never an issue. If I become famous, plenty of companies will be willing to pay my breach of contract fees. If I don't become famous, I'll stay at the company no matter what, at least I'll still make money, don't you think?"
Shen Yuanxiu thought about it carefully and felt that it made sense. The main thing was that he still couldn't figure out Lin Yuan's background. He had just realized that Lin Yuan seemed to be the one in charge, while Lawyer Zhang was just an assistant.
This group is just an experiment. If it doesn't work out and doesn't gain popularity, it might disband tomorrow. There's really no need to offend Hong Sheng over such a small matter.
"Haha, we didn't think this through. Let's make it a one-year contract. I still have high hopes for Lin Yuan. Shall we sign the contract?"
Lin Yuan looked at Attorney Zhang, and after confirming that there were no problems, he signed the document, saying, "Thank you, President-nim, for giving me this opportunity."
Shin Won-soo nodded in satisfaction and said with a smile, "Welcome to Loen. I hope you enjoy your time here."
"Yes, definitely. I'll be leaving now. Goodbye, President-nim, goodbye, Minister Kim-nim."
Stepping out of the office, Lin Yuan breathed a long sigh of relief.
He has now officially become an artist, taking another step closer to the idols he admired in his past life.
......
SM Entertainment, Vice President's Office.
Kim Kwang-soo was pacing anxiously, "Are you sure you didn't see anyone?"
"Yes, Vice President, I've been waiting all day, but I haven't seen anyone."
He had put in so much effort for this meeting, and now that the opportunity was about to slip away, what was he going to do?
"I'll contact you later when I get back, and I'll let you know if there's any news. Remember, don't tell anyone about this, or I don't know what the consequences will be, understand?"
After much deliberation, Kim Kwang-soo had no choice but to swallow his pride and beg his boss for another chance.
"Okay, then I'll be leaving now."
Kim Kwang-soo waved his hand irritably. If the other party hadn't specifically asked for her, she wouldn't have been able to stay at SM after this failure.
Bae Joo-hyun came to the rooftop alone, found a corner to sit casually, and stared blankly into the distance.
Just two weeks ago, the company's vice president suddenly came to her door, asking for a favor, saying that someone wanted to befriend her, and she refused on the spot.
She's 25 years old, not some naive young girl. She could easily see through their scheme. To put it nicely, they're making friends; to put it bluntly... isn't it just a roundabout way of taking her body?
As a newcomer who has only been in the industry for less than a year, Bae Joo-hyun is under a lot of pressure.
The company first exposed the relationships of members of popular girl groups: Girls' Generation's Yoona and Lee Seung-gi, Choi Soo-young and actor Jung Kyung-ho, Hwang Mi-young and 2PM's Nichkhun... Bae Joo-hyun really suspects that it's a publicity stunt by the company, otherwise why are they all from Girls' Generation?
Then it was Kris, the leader of the top boy group EXO-M, who directly sued the company to terminate his contract and then ran away with the company.
At this time, her girl group Red Velvet was born, and they were bombarded with insults, accused of climbing over their seniors to get ahead, and were met with fierce resistance.
Even so, the company disregarded her feelings and resolutely treated her as a commodity to be traded, promising to increase the group's exposure and endorsements.
Seeing the members' increasingly gaunt faces, she, as the team leader, had no choice but to compromise.
Fortunately, the other person was about the same age as her and quite handsome; otherwise, she would never have gone, as she felt nauseous at the sight of those old men.
Thinking of this, she remembered that rich kid. If it weren't for him, she wouldn't have ended up like this. "Damn tycoon, I'll make sure you suffer when I see you."