Chapter 99 of 100
Chapter 99
4 min read1,082 words
After a moment of silence, Su Yuhao spoke up, "Minister Jin, may I ask how your company plans to manage KARA? I need to know the plan for KARA to make a decision, because from what I understand, KARA doesn't seem to have any promotional activities right now!"
Jin Guangyu felt a sudden unease, knowing that the company had essentially abandoned KARA, allowing them to fend for themselves. This was why the internal agents avoided discussing KARA, and why he had sought out Su Yuhao to manage KARA, hoping he would provide reasonable daily management before the company made any decisions. However, he hadn't expected Su Yuhao to think so far ahead and consider the issues so comprehensively. Still, he could understand, as no agent would want their signed artist to be a valueless, hopeless product, which would be a negation of their own judgment. Despite understanding this, he couldn't reveal the truth, as they were not yet friends but commercial rivals.
"The company plans to produce a new album and promote KARA after some time. You can rest assured about this," Jin Guangyu said with a sincere expression after some thought.
"Oh, really? If that's the case, can this be written into the contract?" Su Yuhao looked at him with a smile, knowing that he wasn't ignorant of KARA's current situation. No one knew it better than he did. The fact that Jin Guangyu would fabricate such a lie made Su Yuhao both amused and saw an opportunity to set a trap.
"Um, I need to discuss this with the higher-ups in the company," Jin Guangyu replied, taken aback by Su Yuhao's words, and then used a delaying tactic without showing any emotion.
"Oh, so Minister Jin can't represent DSP Entertainment? Then, let's find someone who can represent DSP Entertainment to discuss this! Otherwise, I'm afraid Minister Jin won't be able to agree to many conditions!" Su Yuhao said sarcastically, nonchalantly.
Jin Guangyu was seething with anger, wanting to strangle the young man who looked so sunny but was as devious as a seasoned politician. But what could he do, having dug his own hole?
"Alright, President Su, please state your conditions. If they are not too excessive, I can still represent DSP Entertainment to sign the contract, as KARA is still a new group," Jin Guangyu said with a serious expression, trying to assert his authority.
Hearing Jin Guangyu's words, Su Yuhao secretly sneered and thought, "Why didn't you say that earlier? Dragging it out, who doesn't know that?" However, he didn't dwell on this and said straightforwardly, "The condition I mentioned must be written into the contract. Otherwise, who knows if you might just disband KARA! That would harm my interests, so this must be clearly stated."
Jin Guangyu thought about it and then considered, "As long as we don't actively disband KARA and promote them, produce an album, this condition doesn't seem threatening. I can agree to it."
"If your company breaches the contract, you must transfer the name and all rights of KARA to me as compensation for my loss, and pay a certain amount as damages," Su Yuhao said after some thought, stating the penalty for breach of contract.
"… President Su, isn't this a bit excessive?" Jin Guangyu asked through gritted teeth, as DSP Entertainment had never been in a position where others dictated terms to them.
"What's the problem? Does your company really have plans to disband KARA? If so, then asking me to be KARA's agent is a trap to harm me. I will sue you for fraud," Su Yuhao threatened, not intimidated by Jin Guangyu.
"…" Jin Guangyu was speechless, seeing Su Yuhao's persistence. He realized that the person he had been competing with for so long was actually a young man, which made him feel somewhat amused that a child could make him so angry.
"Alright, I'll discuss this with the higher-ups. Is there anything else?" Jin Guangyu asked calmly after some thought.
"Given KARA's current situation, we need 3% of the revenue from KARA's share with your company as a fee for our services," Su Yuhao said, seeing Jin Guangyu's calm demeanor and not showing any surprise.
"3%? What right do you have to take 3%? Our company and KARA have an 80-20 split. You just follow the artists around and want 3% for free? That's too much to ask! I can't agree to this," Jin Guangyu said, fuming.
Su Yuhao was not intimidated by Jin Guangyu's expression and asked calmly, "Minister Jin, how much profit has KARA brought to your company so far?"
"Um, …" Jin Guangyu was taken aback by Su Yuhao's question and didn't know how to respond.
Su Yuhao continued without waiting for an answer, "As far as I know, KARA is currently active, but they don't have many activities. Most of their activities are individual, and Han Seung-yeon, who has the most activities, mostly does small advertisements. So, is 3% too much to ask?"
"That's not acceptable! We trained the artists, and we invested a lot to debut KARA. You just do some simple work and want 3% of the company's share? That doesn't make sense!" Jin Guangyu argued, knowing that 3% wasn't much compared to top artists, but he didn't want to give in.
"If you don't agree to this, let's try another way. We only want 1% from your company, but any activities we secure for KARA, your company has no right to share in the profits," Su Yuhao proposed without getting angry at Jin Guangyu's rejection.
"Wait, what? You only want 1%, not 3%?" Jin Guangyu asked, disbelieving.
"That's right, just 1%, but any activities we secure for KARA, your company has no right to share in the profits. Do you agree to this?" Su Yuhao nodded, confirming.
"This is fine. Is there anything else?" Jin Guangyu replied directly.
"There's one last condition. If you agree to this, I will sign KARA and manage them as their agent," Su Yuhao straightened his posture and said seriously.
"Oh, what is it?" Jin Guangyu sat up straight, focusing his attention.
"Your company will only be responsible for KARA's promotions and album activities. All other times, management will be fully granted to Starlight (short for Starlight SKY) Entertainment," Su Yuhao said seriously.
"What? Are you crazy!" Jin Guangyu stood up in surprise.
[Please recommend, collect, and support. It's been cold lately, so I need your warmth.]
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