No matter how well S?M ​​Company develops, it is just an entertainment brokerage company. As for CJ Group, it is a well-deserved giant in South Korea, a large group with great influence and fame both at home and abroad.

S?M company is at most a top brokerage company, that's all, but CJ Group, even M-net, is not very eye-catching and not very important in the huge CJ Group. This is because M-net has the role of the media and can represent the CJ Group to make its own voice and publicity and hype. Otherwise, M-net will be a trivial subsidiary in the eyes of the huge CJ Group.

The two sides are obviously not at the same level or level. In comparison, S?M and M-net are several levels apart, let alone compared to the giant CJ Group.

But Yu Yongzhen said that M-net was forced to bow his head and suffer losses with the help of CJ Group. It seemed that if CJ Group did not help M-net, then M-net would kneel down at S-M. Damn, I really thought I was awesome. If CJ Group really took action, Kim Yu-fan believed that even the MC company could not bear it, and the final result would definitely go bankrupt, let alone S-M, I guess I would have been slap by CJ Group.

I really think that the so-called "Ten Major Families and Top Ten Groups in South Korea have developed in a deep-rooted and secretly for so many years, involving all aspects, and their connections and relationships are far beyond everyone's imagination. Even the president dares to act easily. It's really a piece of paper that a small brokerage company dares to provoke. Unless it is absolutely necessary, even a government department like the Ministry of Culture, Sports and Tourism will not dare to provoke the Top Ten Groups at will.

Looking at Yu Yongzhen, who looked proud and with a dissatisfied expression, Kim Yu-fan silently praised Yu Yongzhen in his heart. This pretended to be perfect and gave him an artistic feeling.

Well, who is not an old man sitting on the scene, and you know very well about the entertainment industry. Of course, everyone knows that Yu Yongzhen is also giving himself and S?M. Even M-net can crush S?M. It seems that he is not talking about wrestling with M-net, but about wrestling with CJ Group. Only fools believe you.

Everyone was very disdainful and sneering at Yu Yongzhen, but on the surface, everyone seemed to have no reaction and no expression. Just blow it, but you just watch Yu Yongzhen act and have some fun for yourself.

After all, the core issue that everyone is discussing now is about increasing the dividend ratio of audio source websites. This is the real big thing, especially for those who are sitting on the scene. Once they cannot be stopped, they will have to lose huge benefits every year, which is at least hundreds of millions of won, which is not allowed by everyone.

Therefore, everyone can tolerate Yu Yongzhen bragging in front of everyone and resisting the urge to curse, so as not to officially start the meeting, because they do not count each other and the previous grievances and grievances, conflicts between the two sides could not continue, and the discussions could not be achieved.

Once the audio source website joins forces to increase the dividend ratio at this time, the loss will be really great for those who are sitting on the scene.

Yu Yongzhen is not a fool. Seeing everyone's expressionless faces, Teddy was playing with her mobile phone, Kim Yu-fan and G-Dragon chatting in a low voice, and Li Hao-yang, the tiger in Xinsha Cave, seemed to be about to fall asleep. Seeing this scene, Yu Yongzhen also stopped sensibly, knowing that his old habits had broken out, and he liked to shout slogans and tossed them at every turn, but he forgot that this is not S?M Company, and the person sitting in front of him is not the artists and trainees of S?M Company, but a group of old foxes, and they are people who have conflicts and grudges with him.

Thinking of this, Yu Yongzhen naturally couldn't continue to say it. After all, it would be shameless to continue to say it again. So Yu Yongzhen stopped and said very directly: "On this, I can firmly resist the increase in dividend ratio of the sound source website on behalf of S?M Company. In the past, our S?M Company had a fight with M-net because of this incident, and now there is no reason to withdraw."

Everyone looked at Yu Yongzhen. Do you still want to sit here to accompany Yu Yongzhen? Damn, everyone asked you to act. It would be great if you didn't disturb you. You are really a little out of the game. At this time, you still don't forget to mention, what's the point? Don't say that your words are full of water and no one believes it. Even if what you said is true, who cares, it's all our fault. It's useless for you to keep mentioning this.

Park Jin-young: "On behalf of JYP, I can firmly resist the increase in dividend ratio of music websites."

As Park Jin-young finished speaking, everyone's eyes immediately looked at Kim Yu-fan. Although Kim Yu-fan was young, he was the president of MC. He was considered to be among the people sitting on the scene. One person could completely represent the person in the agency.

Especially MC companies are currently in the Korean entertainment industry, the higher the status and influence, and the greater the more they are. If Kim Yu-fan can nod and MC companies can fully support it, the strength will be significantly greater than that of several brokerage companies. Then, this time everyone will have much greater confidence in resisting sound source websites.

Of course, Kim Yu-fan knew this, so he had nothing to do with everyone's reaction. After all, in essence, this matter is also very beneficial to MC companies, singers and music creators, so Kim Yu-fan naturally has no reason to refuse.

Facing the gaze of everyone, Kim Yu-fan smiled and said, "Of course, I also support this boycott on behalf of MC."

For Kim Yu-fan, he will certainly not refuse this kind of boycott. After all, the audio source website really does this. MC companies, including singers and musicians under MC, have less income. Although Kim Yu-fan doesn't care about money, he suffers such a loss, and is likely to not respond. He will continue to suffer losses and keep making it a habit to suffer losses. Kim Yu-fan doesn't intend to default.

What's more, this time Yu Yongjin, Park Jin-young, Teddy and others were able to sit here and discuss this matter together, which also proves that everyone's attitude towards this matter is still supported. After all, if they don't support it, it will seriously infringe on personal interests. If Kim Yu-fan refuses, it will be a way for everyone to make money, which is a huge revenge.

More importantly, behind Yu Yongjin is S?M, Park Jin-young himself represents JYP, and behind Teddy is YG. Once Kim Yu-fan refuses, it will cause dissatisfaction among the three or the dissatisfaction of everyone on the scene. If everyone joins together to deal with MC company, the consequences will be very serious.

Although Kim Yu-fan is confident that he can keep the MC company, in the face of the joint efforts of almost several major brokerage companies and the joint suppression of musicians, the MC company's own development will also be greatly affected. Whether it is the MC company itself or the artists under MC, the development will probably be difficult to move forward.

Therefore, Kim Yu-fan didn't plan to refuse this matter, not to mention that the consequences of rejection were so great. Of course, Kim Yu-fan would do what is most suitable for himself and MC, including those under MC's artists.

After all, this matter is that the audio source website is too much. It originally did nothing and just provided a channel, which already accounts for 50% of the income. If it increases, it will be too much, which will seriously affect the interests of singers and music creators. If it affects a lot and a long time, it will actively undermine the enthusiasm and confidence of singers and music creators.

After a long time, there will be no profit in terms of music sources. Singers will no longer concentrate on singing and performing, and will promote songs. Music creators will not have the motivation to create, and then the Korean music market will become a stagnant pool.

In the case of a stagnant pool, it is impossible for MC companies to survive alone. Therefore, Kim Yu-fan will of course choose to support everyone's decision and resolutely resist the increase in proportions of major audio source websites.

Although Kim Yu-fan is the major shareholder of M-net, in fact, the audio source ratio of M-net can only be regarded as the second level and level in the entire South Korea, accounting for almost 20%, which means that the audio source revenue of 100 yuan is the maximum of 20 yuan.

This 20 yuan is not something that Kim Yu-fan can personally own, because the shares are there, Kim Yu-fan only has 30% of the shares of M-net, which also means that Kim Yu-fan can only get 6 yuan for this 20 yuan, and Kim Yu-fan didn't take this benefit seriously.

Here, I have to mention the Korean audio source market.

In South Korea, the audio source market is basically completely divided by six audio source websites, which are also called the five major audio source websites by Korean fans and media.

The five major audio source websites also occupy different audio source markets. Among them, Melon occupies the largest audio source ratio, which accounts for 45% of the audio source market, almost half of the market.

In this regard, Melon has unique advantages. As the industry of LOEN, Melon relies on the giant SK Group behind LOEN to completely take advantage of its advantages as the subsidiary of South Korea's largest telecommunications company and completely occupy half of the Korean audio source market.

In this regard, LOEN can stand out as a leader, which can be regarded as a way to make up for the embarrassment of having the support of SK Group, a giant. With the lack of resource channels, it cannot cultivate any outstanding artists, and it cannot truly achieve any achievements in the development of singers and actors.

It's really strange to say that LOEN is supported by SK Group, but it can't be troubled in the entertainment industry. I don't know how many times it has been ridiculed and looked down upon by agency companies such as S?M, JYP and YG.

Similarly, M-net, a subsidiary of CJ Group, also has many subsidiaries, focusing on developing in the entertainment industry, but they cannot develop either. Even a TV station like M-net cannot develop, which is definitely more embarrassing than LOEN.

If LOEN hadn’t been lucky enough to pick up an IU that no major brokerage companies wanted, it would have exploded completely, if it weren’t for M-net’s sub-entertainment brokerage companies, one of which Kim Kwang-soo was revealed to have created T-ara, then LOEN and M-net could be said to have no development or achievements in the entertainment industry at all, that would be really embarrassing.

It’s a pity that IU is just a solo singer. Under the general trend of the Korean music team, he can’t get around and it’s hard to support himself! What’s more, IU has become a student of Kim Yu-fan and an artist under the MC company. LOEN now doesn’t even have a decent artist, and now he’s in awkward every day.

T-ara is very good, with potential and strength that surpasses Girls' Generation, but she was completely destroyed by the anxious Kim Kwang-soo. Now, Kim Kwang-soo has died, T-ara is also an artist under MC company. M-net is also in an embarrassing state every day, and she really can't raise her head in front of agency companies such as S?M.

It is precisely because of the failures of LOEN and M-net in singers and actors that this has completely verified that if you have money, strength and channels, you will definitely succeed. The circle of the music and film and television industry is much more complicated than you think.

LOEN's Melon accounts for 45% of the audio source market, absolutely half of the market. It also takes advantage of the power of SK Group to continuously occupy the audio source market. In the end, it exceeded 50%, reaching 60% at its peak. Gradually, some of them dominate and some monopoly situations.

Of course, Melon is not that exaggerated yet, but 45% of the ratio is there, and it is definitely the leader in the Korean audio source market.

In addition to Melon, Bugs account for 20%, M-net account for 20%, Dosiark account for 10%, and Soirbada account for 5%.

This is the case in South Korea's audio source market today. The five major audio source websites almost completely occupy the Korean audio source market. Korean fans are also used to downloading their favorite or supported idol songs on this large audio source website.

As Kim Yu-fan finished speaking, everyone's eyes shifted again, looking at Teddy, who had been sitting aside, had been very cold and had basically said nothing.

There is no doubt that S?M, JYP, and MC companies have all expressed their opinions, and now everyone is waiting for YG to express their opinions. There are really many music creators on the spot, but there is no doubt that Teddy is the one who can represent and are qualified to express his opinions on YG.

Of course, Teddy also knows what everyone means. As a music creator, such resistance must be supported. After all, no one thinks he makes less money, right?

Therefore, Teddy said lightly: "OK, there is no problem with our YG."

As Teddy made a statement, people from YG such as KUSH, E-Tribe, Brave Brothers, G-Dragon, or the YG faction who have a deep relationship with YG, nodded in agreement.

Fang Shihe: "I have no problem here either."

Park Changgen kicked the second day of the second session: "Mikey and I are fine, either."

Xinsha Cave Tiger: "I support it too."

Soon, everyone sitting at the scene expressed their opinions, unifying the five major audio source websites to resolutely resist the fact that the five major audio source websites should increase the audio source share ratio. As everyone expressed their opinions, Yu Yongzhen and Park Zhenrong were also happy, and everyone expressed their opinions. If we consider the behind-the-scenes and brokerage companies that can be affected, and we will join forces, the five major audio source websites will not be able to withstand this pressure, and we will definitely have to give in.

Of course, this is also based on the premise that the backers behind the five major audio source websites are not caring about them. Otherwise, if nothing else, just a SK group can destroy major brokerage companies. With a CJ group, all major brokerage companies should not be rushing around. If you accept your fate, there is no room for resistance or qualifications.

The main purpose of this music creator meeting is to improve the sound source distribution ratio of the five major audio source websites. Now, everyone nodded and agreed to firmly resist, and basically nothing left is left.

So, the atmosphere at the scene became relaxed. At Park Jin-young's instructions, the waiters also delivered the food they had prepared long ago. Everyone started to chat while drinking, eating, and the atmosphere was very warm.

Although we belong to different brokerage companies and there are conflicts and grudges between the brokerage companies, in general, this has little impact on the major music creators sitting on the scene.

After all, everyone is just a music creator, not the president or president of the company. The agency has conflicts with which agency. No matter what you do, you are behind the scenes, and you write the songs and then leave the songs to the singers in the company to sing. Therefore, if the music creators strictly count, there is nothing conflicts and grudges between each other. On the contrary, because everyone is a music creator, they also admire the other party for creating some high-quality songs. Everyone talks to each other and exchanges creative experiences, and the atmosphere is of course very good.

In general, music creators are more simple and direct. They are pure music creators and only care about music creators. As for other things, they don’t care at all and don’t care about them.

This is a pure musician. If it were the presidents of major brokerage companies sitting here, the atmosphere would never be so lively. On the contrary, it would be extremely depressing. Everyone must have a cold face and said nothing. Once they spoke, they would be attacked and sarcastic from several parties. How could the atmosphere be good?

At that time, it would be great if you don’t just slap the table and curse yourself, or even start a real-person PK directly, so what about the atmosphere? In fact, unless it is the head of the Culture, Sports and Tourism Department, it is basically impossible to let the presidents of major brokerage companies sit together. The grievances and hatreds of major brokerage companies over the years have been integrated into the bones. Unless the entertainment industry no longer competes with each other, this is impossible. Therefore, it is basically impossible to resolve the grievances between major brokerage companies.

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Chapter completed!