After all of them were reborn, who would still be an actor?

Chapter 803 The Seoul Promise, and Your Dream Too.

It is naturally impossible for Li Mingyang to unilaterally abolish the principle of majority rule.

He is just a major shareholder.

Moreover, Wall Street had no intention of letting him achieve $10 billion in revenue over two years.

Li Mingyang holds 28.7% of the shares, which is far from absolute control.

In addition, he had a huge bet in hand, and before his revenue exceeded 50 billion US dollars, he didn't even have 25% of it.

Overseas investors scoffed at Li Mingyang's words and didn't take him seriously at all.

However, this principle of majority rule has a loophole: even though Li Mingyang actually holds less than 3% of the shares.

He can still gain absolute control of the company!
Acting in concert!

FBTV's shareholding structure is chaotic. Not only did Li Mingyang make a bet with Wall Street, but other shareholders also signed numerous betting agreements.

The minority submits to the majority, and decisions are made based on the number of votes.

It was actually a last resort.

After finishing his meeting, Li Mingyang went to an izakaya (Japanese pub) in Ginza.

He talked with Zhang Wei for more than five hours.

After the conversation, Li Mingyang started throwing sticks again.

January 19, noon, Dongyang Building Cloud Meeting Room in Seoul.

Li Mingyang stared expressionlessly at Wang Changtian, Boss Zhao, and Gong Yu. The three of them exchanged glances.

Faced with the agreement on acting in concert proposed by Li Mingyang, they wanted to sign it, but dared not.

FBTV has a total of 13 co-CEOs.

They are: Hughes, representing Wall Street; Spielberg, representing Hollywood; Li Meijin, representing CJ Entertainment; Chen Wenbo, representing CCTV; Wang Changtian, representing Enlight Media; Zhao, representing Huace Media; Tian Benyilong, representing SoftBank; Gong Yu, representing iQiyi; Sun Zhonghuai, representing Tencent; Ye Ning, representing Wanda; Lei Jun, representing Xiaomi; Cai Zhongxin, representing Alibaba; and Anders, representing Apple.

And the founder, Li Mingyang.

A total of 14 votes.

If Li Mingyang gets 8 votes, he will have absolute veto power! Absolute control!
It's not that no one has thought about getting eight votes, but that's almost impossible.

Voting rights are related to one's own vital interests; they are chips that can be traded at any time. If you hand them over to someone else in a one-off deal, what if you get kicked out?
This voting right is invaluable. Even if Netflix and Facebook merge in the future, the co-CEOs will still be co-CEOs, and their voting rights will remain valid!

FBTV's diversified capital base dealt a heavy blow to Netflix's Wall Street capital, forming an unprecedented defensive perimeter in Asia.

Hollywood deserves the most credit!
Netflix didn't even get a chance to get in!
So at the seventh joint meeting, Hughes's representative from Wall Street, Newman, was present.

A restructuring plan for Netflix and FBTV was proposed, with FBTV's co-CEO being directly appointed as Netflix's co-CEO.

This was a good decision, and Chen Wenbo was the first to raise his hand in agreement, but it was rejected by Hollywood.

It's not because I'm dissatisfied, but because I want to clarify the benefits and the price.

In a sense, FBTV has indeed achieved a mutually reinforcing effect; they are all at the top of the food chain and are all quite 'trustworthy'.

Reputation only has meaning when strength is equal.

Otherwise, we'll sue you, drag it out, and ruin you!

Business warfare is a war without gunpowder, yet it is more brutal than real war.

It can starve people to death...

People in China find it hard to imagine that people abroad are not getting enough to eat.

Japan even issued food coupons so that the Japanese soldiers could have food...

"Any questions?" Li Mingyang asked.

"There are too many problems..." Gong Yu sighed.

“Even if you get our votes, it won’t matter. The key to majority rule is the swing votes. We’ve always voted with you,” said Mr. Zhao.

"If you don't use our methods, how will you win over Li Meijin? Li Meijin's vote is the most important!"

Li Mingyang shook his head. "So what if there are internal and external troubles? So what if we are caught in the middle by the Blue House and Dongda University and can't advance or retreat? So what if my frail younger brother is locked up in a detention center? Li Meijin has a strong heart."

Li Mingyang leaned forward, resting his arms on his legs and rubbing his hands together. "My experience is so similar to hers, but I didn't give up. Why should she?"

Boss Zhao, Gong Yu, and Wang Changtian looked at each other and fell silent.

Li Meijin's experience was similar to Li Mingyang's.

Lee Myung-yang, with an unstable foundation and no strong background, did not give up the fight. Lee Mi-jin, as the pinnacle of Korean entertainment and the undisputed queen, why should she give up?

Boss Zhao painstakingly devised a plan to encircle and annihilate Li Meijin.

If Li Mingyang is unwilling to force the emperor to resign.

Then this plan is invalid.

Li Mingyang's success is inseparable from Li Meijin's help.

Many dramatic comebacks are built on CJ's dominant position in the Korean entertainment industry and the foundation of established conglomerates.

Li Meijin is the person behind the scenes, while Li Mingyang is the person in the public eye.

Lee Myung-yang, the person in the public eye, was the one standing in the spotlight. His fame was amplified, making him famous throughout the Korean entertainment industry and giving him unprecedented prestige.

Especially when Seoul Spring was released, Lee Mi-jin was heavily suppressed. It was Lee Myung-yang who led CJ to a desperate counterattack, fiercely targeting the nation and the film, and creating an astonishing 20 million viewers!
After this incident, the directors of CJ Entertainment developed a strange admiration for Li Mingyang. When Li Meijin was being heavily suppressed, the directors all wanted Li Mingyang to take charge of the situation.

This was agreed upon from the beginning, and the directors of CJ Entertainment were all aware of this.

Lee Myung-yang's entry into the CJ Entertainment Council is just a transitional phase.

“She’s unwilling to give up because you’re the last straw.” Boss Zhao adjusted his glasses. “To completely crush someone, it’s useless to crush them; you have to isolate them. Now everything is ready. All you have to do is step on her, and she’s already lost.”

"What kind of person do you take me for?" Li Mingyang said in a deep voice.

Boss Zhao smiled, adjusted his glasses, and glanced at Wang Changtian and Gong Yu.

“If you want to get the votes from Li Meijin, it’s no use trying to negotiate properly; that’s her only bargaining chip right now,” Wang Changtian said.

“Director Li, to be honest, FBTV isn’t very helpful to me or Chairman Li. It doesn’t matter whether we have the voting rights or not… Right now, I only want one thing: the Korean Wave. If you don’t get Lee Mi-jin on board, you won’t be able to drive the Korean Wave into China at all,” Gong Yu said.

The three of them voted along with Li Mingyang; the voting right wasn't that important to them.

But acting in concert is a real pain.

Even a one-off deal is fine, that's the Korean Wave!

FBTV is currently in a chaotic battleground, with overseas giants vying for dominance. It doesn't matter who wins, as their positions are secure anyway.

The three of them had a much greater desire for the Korean Wave than for Facebook TV.

The three of them had long wanted to take advantage of CJ Entertainment's resources, but Lee Mi-jin was holding them back.

"So, your demand is for Li Meijin to step down?" Li Mingyang asked.

"That's the premise," said Boss Zhao.

"And this agreement, it looks like a trap to me... You're not going to sell us out, are you?" Gong Yu said.

Wang Changtian unscrewed the thermos, took a sip of tea, and said nothing more.

Li Mingyang turned his head and glanced at the three of them, then took out a pen from his pocket and turned the agreement in front of him over.

shhhhhh...

Li Mingyang wrote down two numbers on the paper.

“Let’s put everything else aside for now and get down to business. Here’s 500 million, and this is 1% of FBTV shares.” Li Mingyang spread his hands. “You can choose.”

"An additional 1% share for everyone?" Gong Yu stroked his chin and asked in a deep voice.

"Ah."

money……

They seriously doubted whether Li Mingyang could repay his debts, which amounted to tens of billions of yuan...

Shares...

They want it; based on FBTV's valuation of tens of billions of dollars, 1% is 100 million dollars!
But will Li Mingyang hand over his FBTV shares?

The three of them started exchanging glances again.

Li Mingyang didn't know how the three of them trained, but right under his nose, they were exchanging glances as if they were communicating in secret.

After a while.

Gong Yu spoke first: "Director Li, it's not that I don't trust you, I just really doubt your ability to repay your debts. As for the stocks, you gave us your most important stocks, what are you after?"

"Absolute control." Li Mingyang rubbed his hands together vigorously. His palms were sweaty, probably from nervousness, and made a sizzling sound as he rubbed them together.

Wang Changtian pondered for a moment, "Giving up shares in exchange for absolute control won't last long. You can only use 3.7%, and if you give it to us, you'll only have 0.7% left, plus four votes. How do you plan to make the deal?"

“I will earn that 25% back,” Li Mingyang said.

Wang Changtian shook his head. "We don't want money or shares. What we need most right now is for you to become the vice president of CJ, someone with real power."

"Director Li, the Korean entertainment market is small, but once Korean entertainment enters Dongda University, the cost-effectiveness is amazing. You can earn 10,000 yuan from 100 yuan, a return rate of 10,000%! iQiyi has the platform, Huace introduces Korean artists to film TV dramas, and Enlight Media dominates Sino-Korean co-productions and the distribution of Korean films. We have the ability to monopolize the Korean wave!" Boss Zhao said eagerly.

"Does Netflix want FBTV? No, it wants the markets of China, Japan, and South Korea, with South Korea being its top priority!"

“I don’t know what you need absolute control for. That thing is useless. We have four votes, which is one of the largest vote banks. When Wall Street and Hollywood fight, they prioritize getting our votes.”

The three of you said something to me.

Their ambitions are obvious.

Korean pop culture is what they really want, and it's the most important thing for fulfilling their ambitions.

The Korean wave was incredibly popular, but it's nearing its end.

In its previous life, Huace Media failed because of the Korean Wave; it invested in Korean entertainment and collaborated with the four major Korean film companies.

Huace Media spent over 3 million yuan to acquire a 15% stake in the South Korean film company NEW, becoming its second-largest shareholder.
Then I was stuck with it for a long time, with no end in sight.

There's also the collaboration between Media Asia Entertainment and SM Entertainment.

Suning Universal invested 341 billion won in the South Korean company REDROVER.

In the end, they were all scammed out of their minds.

Even selling their own flesh and blood wouldn't save them, and of course, a large group of people are trapped and hope that the ban on Korean entertainment will be lifted one day.

At the peak of the Sino-Korean collaboration, all film and television companies in the Chinese entertainment industry participated in Sino-Korean co-productions.

So later, countless people tested the limits of the Korean entertainment ban... attempting to lift it. It's all about money!

The honeymoon period of Sino-Korean cooperation coincided with the golden age of domestic film and television, with the amount of domestic investment in the Korean wave being astonishing.

The overt investments alone amount to tens of billions.

In the midst of a downturn in the film and television industry, many people are still clinging to their investments, hoping to recoup their losses.

Weibo is the main battleground for the Korean wave to test its limits.

Korean celebrities are trending on Weibo every day, it's like they're on a yearly subscription.

They're always thinking about the giant thunderbolt, aren't they afraid of blowing themselves up?

While inwardly grumbling, Li Mingyang negotiated terms with the three men.

They talked and talked, but couldn't reach an agreement.

Li Mingyang didn't want the stalemate to continue; he wanted to end things quickly, as he didn't have much time left.

So he told a lie.

"How about this, let's add an additional clause: I will do my best to get Li Meijin to step down in my own way. Once Li Meijin steps down, the agreement will take effect."

Li Mingyang's words are lies.

The three men, as his comrades-in-arms, understood this principle well.

Seeing that Li Mingyang had compromised, they decided to oust Li Meijin from her position.

The three were not happy at all; instead, they were worried and asked him how to deal with Li Meijin.

Boss Zhao does not support any of the other people's methods, only her own. As long as Li Mingyang is willing to carry them out, she will sign immediately.

As soon as Boss Zhao insisted, Wang Changtian and Gong Yu quickly followed suit.

The three of them thought Li Mingyang was unreliable and insisted on using their own approach.

Boss Zhao's plan is simply to oust Li Meijin and make Li Mingyang the vice president; they can handle the rest themselves.

With Li Meijin gone, they can freely find partners in South Korea, especially resources from the three major television networks.

Huace and iQiyi had signed agreements with the three major TV stations, but the three stations used delaying tactics, leaving the two companies helpless.

SM Entertainment is the most despicable; Lee Soo-man truly has no bottom line and is a complete scoundrel.

We've collaborated many times, so we know each other very well.

All three had experienced Li Mingyang's cunning schemes firsthand, and Wang Changtian even became depressed because of them.

The situation has once again reached a stalemate.

"I've always had a question in my mind. If you can help me answer it, I'll sign this document."

Amidst the astonished gazes of Boss Zhao and Gong Yu, Wang Changtian spoke slowly.

"Why did you come down the mountain?" Li Mingyang asked.

Wang Changtian shook his head, raised his head, and his gaze seemed to pierce through the ceiling and reach a very far place.

The next moment, Wang Changtian's gaze shifted downwards, looking directly at Li Mingyang, and he slowly said, "Did you expose the Cheongdam-dong demolition incident yourself?"

“No,” Li Mingyang said almost instinctively.

Wang Changtian adjusted his glasses, put down his thermos, took out a pen case from his shirt pocket, and pulled out a very old pen.

He spread out the two copies of the agreement and signed his name.

Seeing this, Boss Zhao sighed, took out his pen, and signed the agreement.

Gong Yu looked at the two men, his arms crossed, glancing between Li Mingyang and Wang Changtian and Boss Zhao.

He had a feeling that he had been set up.

However, Wang Changtian and Boss Zhao have already signed the agreement. If he doesn't sign it, they might become strangers in the future.

"Actually, this voting right is useless to me. If you want it, you can have it," Gong Yu said generously.

"signature."

"..."

A few minutes later, Mr. Zhao, Wang Changtian, Gong Yu, and Li Mingyang signed the agreement on acting in concert.

After the agreement was reached, Gong Yu suggested having a drink to celebrate.

As soon as he finished speaking, Li Mingyang grabbed the agreement and ran off.

"That kid runs really fast." Gong Yu turned to look at Boss Zhao and Wang Changtian, saying this with a double meaning.

"He wants a quick victory... How is that possible? This is a protracted war," said Boss Zhao.

"He said the 10 billion yuan New Year's film season sounded like nonsense, but in the end, the New Year's film season still exceeded 6 billion yuan in box office revenue. Alibaba left, and no one took over. The 10 billion yuan New Year's film season is probably going to fail, but the 6 billion yuan box office is still a milestone box office period," Wang Changtian said with emotion.

"I thought you were going to ask about going down the mountain, but I didn't expect you to ask about the demolition of Cheongdam Cave. You also suspect that he exposed himself?"

“He doesn’t like being kidnapped; it’s a huge problem with endless consequences… He’ll definitely find the right opportunity to resolve it,” said Boss Zhao.

"As long as the bullets don't kill, there's no problem," Wang Changtian said.

Gong Yu laughed heartily; the two of them shared his thoughts.

Amidst the laughter, the three of them were surprisingly of the same mind.

Everyone was recalling Li Mingyang's decisiveness when he answered the question.

There are some things that cannot be admitted.

The best answer is to deny it to the death.

The truth doesn't matter...

……

Chengbeidong, a villa on the hillside.

Li Mingyang waited for a very long time, until around 1 a.m., when Li Meijin finally arrived.

"President Li, what would you like to drink? Wine or tea?" Li Mingyang stood at the top of the entrance stone steps, looking down at Li Meijin.

"Whatever, what do you want to talk to me about? We don't have anything to discuss right now."

Li Mingyang turned to the side and directed Li Meijin to his mansion.

Li Meijin took a few steps, then suddenly stopped. "Let's talk here."

"Let's talk as we walk. I didn't expect it to snow here in Korea too."

"You're amazing, you've practically made my home," Li Meijin said casually.

"Is it not allowed?" Li Mingyang took off his sunglasses and grinned.

“From a purely self-interested perspective, you should work together to force me to step down. That guy surnamed Zhao has already paved the way for you,” Li Meijin said calmly.

“I’m not a pure businessman; I have my pride, so I refused.”

Li Meijin glanced at Li Mingyang with some surprise.

Li Mingyang is frighteningly mature. He's been doing inhuman things for a long time, and he's capable of forcing someone to step down.

She thought today would be a case of polite persuasion followed by force, but unexpectedly, Li Mingyang abandoned his plan to force her to abdicate.

Li Mingyang directly forced Li Mingyang to resign, and many people wanted to rebel.

With the joint efforts of China and South Korea, there are few obstacles left for the Korean Wave to enter the mainland.

However, CJ was stuck in the middle, barely surviving.

Many board members were envious and already impatient.

"I hope we can fulfill our Seoul promise peacefully and happily."

"The Seoul Agreement?"

"What I just thought of is the Seoul Spring Promise, or Seoul Promise for short."

“Wishful thinking… You can fight for it, and if you win, I’ll leave!” Li Meijin said, frowning.

Li Mingyang waved his hands and said sincerely, "I owe my success today to your help. You are the most important mentor in my life. I cannot force you to resign, and I cannot be an ungrateful person."

“You have a 50% chance, why not fight for it?” Li Meijin didn’t understand.

“President Li, you are familiar with the history of Dongda University. You should have heard the saying, ‘If the upper beam is not straight, the lower beam will be crooked as well.’ During the Tang Dynasty, there was the Xuanwu Gate Incident, and afterwards, the killing of brothers and fathers was commonplace. I don’t want the people I have painstakingly cultivated to lead the rebellion against me and force me to step down.”

Li Meijin opened her mouth, as if to say something, but then swallowed it back.

She didn't understand Li Mingyang's worries because she was a chaebol; if she hadn't lost the election, she wouldn't have ended up like this.

Even so, if she endures it, she can get back what she has lost in three years at most.

Kaka's power was invincible in his first year in power, but it will weaken over time.

“President Li, you can trust me.” Li Mingyang put his hands in his pockets and took out two things from his rightmost pocket.

Upon seeing the two Cannes trophies, Li Meijin suddenly recalled the moment when Li Mingyang won the Palme d'Or at Cannes.

A prodigy of our time! A beacon of Asia!

Using a capitalist mindset, they climbed step by step like a dragon to the highest peak of cinematic art!

Everyone who stood in his way was an enemy, including his own people.

Cold-blooded and cruel.

She stood in front of Li Mingyang, firmly believing that one day he would come and personally pull her down from the stage.

But now, seeing Li Mingyang take out his two most precious trophies...

She suddenly realized what Li Mingyang was planning to do.

“Our experiences are so similar, aren’t they? We both faced internal and external troubles and were ostracized. I understand how you feel… I want to go to sea again. This time, I want to win an Oscar for you and fulfill your dream.”

After a long while, Li Meijin took a deep breath, then exhaled with a sense of relief, and the kind smile that Li Mingyang was familiar with reappeared on her face.

"It's your dream too."

……

(End of this chapter)