Chapter 50 Super Contract
Why did the contract prepared by Li Haoyan for Kim Yu-fan make Kim Yu-fan sigh? It's nothing else, because this contract is so good that it can cause huge shock and turmoil in the entire Korean music industry and even the entertainment industry.
It is no exaggeration to say that if the content of this contract is known to the outside world, then waiting for Kim Yu-fan, Li Haoyan, and even the DSP agency will definitely be boycotting and suppression of the entire entertainment industry.
A contract that is enough for any artist in the entire Korean entertainment industry to yearn for is enough for artists under other brokerage companies to have ideas. If you want to change a better contract, you don’t want to be the same as Kim Yu-fan of DSP brokerage companies, but at least it can’t be much different. How come it is just a newcomer, a newcomer has such a good contract, why can’t I have such a contract?
Such a result is destined to make other brokerage companies feel extremely worried when facing the demands of their artists to increase the contractual benefits, and they even have to increase the treatment of their artists.
If you do this, it will undoubtedly be a huge loss for the brokerage company itself. Then the DSP brokerage company that caused such a result and the fuse of the incident will naturally suffer from grudges and boycotts from all brokerage companies.
Since you have caused me such a big loss, you can't think about it, and even your artists can't think about it. In any place and any occasion, you will firmly resist and suppress the artists under your DSP agency. There is no doubt about it.
Similarly, Kim Yu-fan, as the person involved, naturally has a great time. Other agency companies will remind some of their artists to treat, which is just the treatment of those with status, popularity and influence.
Compared with those third-rate artists, the agency does not pay attention to it at all. You dare to clamor for increasing your treatment and directly refrigerate and suppress it. Anyway, for the agency, you are just a third-rate artist. If you suppress it, suppress it, and refrigerate it. It is no big deal. Anyway, the company does not expect you to make any money for the company, and you can't make any money. Why not just follow this opportunity and completely suppress you and refrigerate it, so that you can launch the entertainment industry and save resources to cultivate new people. Why not do it?
The final result is naturally that a large group of third-rate artists were killed by their own agency, but after these people were killed, how could they not be resentful and dare not target the behemoth of the agency, but it is still possible to target Kim Yu-fan.
In the entertainment industry, who has few friends, then greet him and call him a hatred. Those friends of third-rate artists, even some third-rate artists who have vision and do not require their own benefits to increase their inventory will also be extremely disliked by Kim Yu-fan and target Kim Yu-fan in all aspects and places.
Anyway, if Li Haoyan’s contract to Kim Yu-fan is spread, then Kim Yu-fan will definitely not be able to survive in the Korean entertainment industry in the future. The artists under the DSP agency are also suppressed by other brokerage companies and artists, and the DSP agency cannot resist, and it is very likely that they will decline or even go bankrupt.
There is no way. At that time, everyone knows that DSP brokerage companies have offended the entire entertainment industry and have no problem in the development of DSP brokerage companies. So who would be willing to be a trainee and debut as an artist?
Without the continuous stream of trainees and artists, DSP agency naturally lost fresh blood and naturally could not stock up in the entertainment industry. Breakdown was only a matter of time.
Kim Yu-fan couldn't help but take a deep breath, picked up the contract again, and looked carefully.
At least one year's rest time every year, of course, this rest time is definitely not the busiest time for artists at the end of the year. This period also means that Kim Yu-hwan's rest time this month can only be absolutely not allowed at other times, at the end of the year. However, considering Kim Yu-hwan's special circumstances, Kim Yu-hwan can rest for half a day and spend the Spring Festival with his grandmother.
It is guaranteed to allow Kim Yu-fan to go to Taiwan and China to develop for at least half a year, and to ensure Kim Yu-fan’s popularity in the Chinese-speaking areas. Of course, it is not the absolute half-year. Both South Korea and the Chinese-speaking areas decided based on the situation at that time, whether Kim Yu-fan will have more time in the Chinese-speaking areas or more time in South Korea.
In terms of song creation, the copyright fee is completely owned by Kim Yu-hwan himself. In terms of interests, Kim Yu-hwan can get all of it, and the DSP agency does not account for a single cent.
If Kim Yu-fan doesn't need the songs he created, they can be sold to DSP brokerage companies first, and the brokerage companies can buy them at the highest price in the market.
Of course, the songs created by Kim Yu-fan can also be sold to others in private, without having to sell them to DSP agencies entirely, or even hand them to others for free.
In terms of advertising, the income ratio of Kim Yu-fan and DSP agency in terms of albums is 1:9, (because you are a trainee, the company will pay you a salary, teachers, clothing, etc., which is all money. The first year is to pay off debts, which is normal to be less.) After three years, it is 2:8. If Kim Yu-fan can continue to sign a contract with a DSP agency after the contract is over, the income ratio will be adjusted to 3:7. If Kim Yu-fan decides to be in a DSP agency for life, the income ratio will rise to 5:5.
In terms of movies and TV series, it is 3:7 in South Korea, 4:6 after renewal, and 5:5 in DSP agency for life. In movies and TV series outside South Korea, the income ratio is 5:5, 6:4 after renewal, and 7:3 after lifetime. Of course, this is also the reason why Kim Yu-hwan's income will be drawn by overseas brokerage companies when he is overseas, so the income ratio is so high.
Of course, this is not absolute. In terms of movies and TV series, there is also a detailed comparison of income of value. For example, if Kim Yu-hwan participates in a movie or TV series and can earn one million yuan in income, the income ratio of both parties is 3:7.
If Kim Yu-fan's net worth exceeds three million yuan, then the income is 4:6, after renewal, it is 5:5, if it is for life, it is 6:4. After the value exceeds five million, then the comparison is 5:5, if it is for renewal, it is 6:4, if it is for life, it is 7:3.
The net worth of more than 10 million yuan will become 6:4, 7:3 after renewal, and 9:1 for life.
In terms of concert income, considering that the concert is mainly about the artist's own popularity and influence, the income ratio given by Li Haoyan is 5:5 in the end, which is not much, but not too little. After all, Kim Yu-fan gets a net income of five floors, and the DSP agency gets a five floor, all expenses for the concert, such as renting venues, lighting, clothing, staff, etc.
Of course, when the concert was held, there were also various small commodities and souvenirs related to singers, and the income ratio in this regard was 1:9. It can be said that Kim Yu-hwan was able to get this layer because of his face, which is considered a copyright fee.
But then again, compared with other income, holding a concert is definitely a huge income for singers. The concert is worthy of being what the Korean music industry says, and it is definitely the most profitable way for singers to make money. Well~~ Originally, the album sales were also very profitable, but considering the degree of exploitation and blood-sucking of Korean brokerage companies, this kind of statement is obviously not reasonable in the Korean music industry.
Kim Yu-fan carefully checked several places where he ended up being and found that in terms of income, he really didn't say anything about it. This contract can be said to be a super contract, which is several times stronger than the contract that Taiwan Universal Records had offered him.
Especially in some small details, they are very considerate of them, and they can even be said to accommodate Kim Yu-fan. What can Kim Yu-fan be dissatisfied with and what are there?
Chapter completed!