yournovel Chapter 283 The Decision, The Squid Game
Chapter 283 The Decision, The Squid Game
Chapter 283 The Decision, The Squid Game
Chen Jingyuan could actually make the decision himself, but the key was that he hadn't thought it through.
He only came to South Korea to make a show of it.
The site visit was genuine, but any talk of joint investment was out of the question.
This could involve too many complications, and he actually found it too troublesome.
He might leave Tencent Pictures before July, as he really has no intention of getting involved in the entertainment industry.
Why is South Korea contacting us again?
"Why would Kim Bum-soo want to collaborate on a movie? Is it because he has too many successful projects before?"
Chen Jingyuan murmured softly, "Or maybe we should try our luck."
For KAKAO at the moment, a collaboration wouldn't really hurt.
If we succeed, we'll make a fortune; even if we fail, we can handle it.
"Representative Chen, if you are confident that you can cooperate with Kakao once, it is still possible."
"The group is currently in talks with Kakao to increase its shareholding."
Yin Zailong, who was standing to the side, spoke slowly. He could still see that Representative Chen was hesitant.
Chen Jingyuan glanced at Yin Zailong and roughly understood what he meant.
"Then let's give it a try!"
Chen Jingyuan was not a hesitant person; he was determined to cooperate.
Before his rebirth, he had watched quite a few South Korean dramas and movies.
Even though South Korean films and television dramas cannot be broadcast in mainland China, there are still quite a few clips of South Korean commentary.
That's enough to cover the basic plot!
The most famous of them is undoubtedly "Squid Game," which is a web series rather than a movie.
However, the key production cost of $2140 million brought Netflix a value exceeding $9 million.
The number of viewers worldwide exceeded 1.32 million!
He also knows a bit about movies, such as "Seoul Spring".
This movie, based on Jeon Ga-ka's life, has attracted tens of millions of viewers in South Korea.
The total box office was close to $1 million, while the cost was less than $2000 million.
However, considering the timing of the competition, Chen Jingyuan prefers to release "Squid Game" first.
There's no need to rush with the movies; Kakao's scale speaks for itself.
Many companies in the film and television industry want to hinder development, but at most they can only delay it for a while.
The impact of a single movie is actually not that significant.
"Yoon Jae-ryong, tell Chairman Kim that I have an idea for a web series script."
"Whether or not to cooperate is up to him!"
After thinking for a moment, Chen Jingyuan directly instructed Yin Zailong to speak.
"Yes, Representative Chen!"
Yin Zailong was slightly taken aback, but quickly recovered and said.
Even though it's a web series and not a movie, at least it's a good start, isn't it?
Further collaboration could certainly include a film project.
Yoon Jae-ryong immediately contacted Kim Bum-soo.
"No problem, we can start by collaborating on a web series."
Kim Bum-soo agreed immediately!
It's a bit of a shame that it's not a movie, but at least it's a good start.
And ideas and inspiration are indeed not something that come often.
Moreover, KAKAO also has a great need for web series production.
KAKA0 truly entered the entertainment industry in 16, and currently it is lacking in many aspects.
According to Kim Bum-soo's plan, KAKAO will also acquire several companies this year.
Chen Jingyuan was not surprised that Kim Bum-soo agreed.
Now that Kim Bum-soo knows his general situation, he certainly won't refuse.
"This has really created trouble for myself!"
Chen Jingyuan murmured softly.
Fortunately, he quickly remembered the situation with "Squid Game," the script of which was started by director Hwang Dong-hyuk in 08.
The problem is that the subject matter is too dark, and the investment risk is too high, so no one dares to make it.
If we mention another work by this director, "Silenced," many people will probably know it.
Chen Jingyuan directly instructed Yin Zailong to contact Huang Donghe, purchase the copyright in advance, and invite him to film.
Before he knew it, he had been in South Korea for a week!
It seems we'll have to stay for a while longer.
Fortunately, the files from Tencent Video were sent via internal email and could be processed.
Working across borders!
Hwang Dong-hyuk was very happy when he received the invitation.
He never expected that his script for "The Squid Game" would finally be accepted.
Long ago, he had submitted his intention to work with many companies regarding the "Squid Game" project.
The problem is that many companies back out when they see such a large investment.
You should know that in South Korea, a low-budget drama can easily fetch a million US dollars, and there's even some left over.
Some big productions only cost around ten million US dollars here.
The cost of "Squid Game" was a whopping 20 million US dollars, which made many South Korean companies shake their heads.
Even some of the top entertainment companies wouldn't dare to gamble!
The risk is too great; failure would have a significant impact on the company.
Twenty million US dollars—that's about the annual profit for many companies.
After his initial excitement, Hwang Dong-hyuk didn't forget to inquire about the investors.
"So it was Kakao!"
Hwang Dong-hyuk was now completely free of any worries.
As a South Korean, I'm sure I know about Kakao.
He was aware of Kakao's major foray into the entertainment industry, so investing in this drama was perfectly fine for him.
However, Huang Donghe was unaware that it was actually Chen Jingyuan who had his eye on him.
As for Kakao, he naturally had no objections, as Kim Bum-soo still trusted Chen Jingyuan.
It's just a project that was rejected by many companies, and it's just a matter of investing a little more, which is perfectly fine.
It's worth noting that South Korean penguins also share the investment!
If KAKAO doesn't even dare to produce something like this, then they might as well disband as soon as possible.
In contrast to Kakao, Yoon Jae-ryong directly demanded half of the investment share.
It can be said that Yoon Jae-ryong is more charismatic than one might imagine!
Of course, part of it was also to support Chen Jingyuan.
KAKAO did not refuse, because KAKAO is involved in many fields and is under some financial pressure.
It's good that the South Korean penguins can share some of the pressure.
Although Kim Bum-soo trusted him, he was still a little cautious because it was their first time working together.
They did not choose to compete for market share!
"After the results of 'The Squid Game' are out, I wonder if Kim Bum-soo will regret it?!"
Chen Jingyuan couldn't help but think to himself!
A deal worth hundreds of millions of dollars is something even Kim Bum-soo couldn't ignore.
After all, Kim Bum-soo only has a net worth of several billion dollars now that Kakao's market value is relatively high.
When Kakao's market value subsequently falls, his net worth is estimated to be less than a quarter of its peak.
I wonder if I'll regret it even more when that time comes.
But this has little to do with Chen Jingyuan, because he didn't get involved at all.
He can only be considered as the one who proposed the project; at most, he can be credited as a contributor.
Even if he gains a lot of benefits, it doesn't really matter to him.
Only after the results of "Squid Game" are released will both Yoon Jae-yong and Kim Bum-soo owe him a considerable favor.
It seems that this favor is not of much use at the moment.
It's hard to say whether it will be useful in the future, but Chen Jingyuan probably won't care.
The investors have reached an agreement, and the director and script are ready!
Signing the contract and preparing for the production went smoothly, and Chen Jingyuan made a brief appearance.
The entire process was handled by Yoon Jae-ryong and the assistants sent by Kim Bum-soo.
After all, Kim Bum-soo couldn't possibly be watching this drama all the time, given all his other commitments.
If it weren't for Chen Jingyuan, this TV series would never have received any attention.
Director Hwang Dong-hyuk initially assumed that Chen Jingyuan was a second-generation chaebol heir, since he didn't look like an assistant or secretary at all.
Chen Jingyuan's relaxed demeanor, in particular, seemed out of place!
Huang Donghe was shocked when he learned Chen Jingyuan's true identity.
Clearly, no one expected that this young man was the one who truly appreciated his script.