Chapter 163 – 163
The Monarch’s Sun was a huge hit from episode 1. Recorded a viewership rating of 14%. I received a lot of attention and undeserved love. Miyeon became a hot topic with her beauty, acting skills, and high character assimilation rate.
[ㄹㅇ I’m honored. The acting is disgusting.]
[It seems like a big rookie has appeared after a long time.]
[I feel captivated by the cat-like eyes and kind smile.]
[No? What is the overwhelming presence?]
The response from viewers was very favorable.
[YSP? Was Oh Mi-yeon an actress from YSP Entertainment?]
[She heard at YSP that she was going into the entertainment industry, and she did it right.]
[Representative Yoo is really amazing. She seems to be a true genius manager.]
[In-Bang world, YouTuber world, now they are also entering the entertainment industry haha]
[I hope YSP is listed. I want to buy YSP stock.]
The fact that Miyeon belongs to YSP Entertainment became a secondary topic.
[Oh Mi-yeon: West!! I! I! Advertisement has arrived!!]
[Oh Mi-yeon: Emoticon]
[Oh Mi-yeon: Emoticon]
[Me: Oh?! Really? Really congratulations!! Great!! Haha,]
[Me: Where? Where did the ad come from?]
[Oh Mi-yeon: It’s a clothing ad!!]
[Me: Huh? Really? Oh my god! And!! It’s really awesome!! Congratulations haha]
[Me: Huh? Should we have a celebration party to commemorate it?]
[Oh Mi-yeon: Good! Haha, let’s have a party!!]
[Oh Mi-yeon: How about beer with Eunha’s whole chicken?]
[Me: Huh-!! Good!! ^____^]
[Me: I feel so good. I am happy for no reason because you are doing well.]
[Oh Mi-yeon: Thank you, I love you, I love you💕]
[Oh Mi-yeon: Seobu. You know I love you a lot, right?]
[Me: Yes haha I love you a lot too haha]
[Oh Mi-yeon: Oh?! I’m busy filming the drama, so I’ll take a nap for a while.]
[Me: Yes. Be careful and shoot hard. Go for it!! I love you.]
[Oh Mi-yeon: 💕💕💕]
[Oh Mi-yeon: Emoticon]
[Oh Mi-yeon: Emoticon]
Jinseong smiled happily.
‘Because Miyeon is happy, I am happy too.’
I understand the saying that happiness is doubled when shared.
I thought I did a really, realperfect helping Miyeon.
‘God. Please let Miyeon’s path ahead be filled with only flowers.’
I prayed with all my heart.
—
“CEO. We have established a YTV streaming environment.”
“It was really hard.”
“No.”
I spoke with Seokjeong Oh, the development team manager.
“We divided the categories into two categories. One is the personal broadcasting and personal VOD category. The second is the OTT service category. Paid products are broadly divided into four categories.”
1. Coin.
Coins are the currency of YTV. It was 1 coin for 110 won. You can donate coins to broadcasters, transfer coins to Y Shopping and use them, and pay for various items with coins.
Coin and YSP coin are linked.
2. Free pass
You can purchase a 30-day free pass for 100 coins. When using it, you can skip 15-second advertisements while watching personal broadcasts and personal VODs. You can enjoy all OTT services to your heart’s content. You can reduce delivery costs by linking with Y Shopping.
3. Ownership
It was a per-episode payment product prepared for light users who felt uncomfortable paying for the free pass and wanted to enjoy the content. I had to pay about 20 coins to see the content I wanted to see.
4. Funding.
I was thinking of creating OTT service funding. The plan was to produce YTV’s original content with funding from customers. If low profits are generated, small dividends will be paid, but if profits are high, large dividends will be paid.
It was determined that if the funding service was utilized appropriately, it would be possible to produce a variety of content with minimal investment. Since ancient times, diversifying quality content = being able to attract more customers.
‘YTV is only available in Korea this year.’
Accumulating data and laying the foundation.
I worked hard to raise capital.
‘I need to enter the global market next year.’
Soon, good news arrived.
YTV Manager Kim Cheol-ho visited the representative office and reported on the current situation.
“CEO, we have signed an animation contract with DK.”
A non-exclusive contract was concluded, not an exclusive contract.
A non-exclusive contract was entered into to bring in the work at the lowest price.
“We are continuing to try to contact Japanese animation companies.”
“What about American companies?”
“We are also in contact with American companies. Everyone is responding positively.”
“Good.”
The first start of OTT was animation.
“We plan to participate in the bidding for professional baseball broadcasting rights next year.”
“Oh? Is it good?”
“In addition, we are also in contact with sports associations such as basketball, volleyball, soccer, etc.”
After animation, I was planning sports.
‘We should gradually expand our service area, starting with animation and sports.’
Jinseong peeked into Manager Kim Cheol-ho’s inner thoughts.
[Likeability: 80]
[Inner thoughts: YTV profits are growing rapidly. It is expected that in the next one or two years, we will be able to reap an operating profit of more than KRW 50 billion per year. It would be good if all of YTV’s profits were reinvested in OTT services and server expansion.]
[Inner thoughts: I hope the CEO will boldly invest in YTV. I wish they would push it in units of 100 billion won, not 100 billion won. Otherwise, I would like to infuse funds through a corporate listing.]
Manager Kim Cheol-ho thought that competition in the OTT business was not yet fierce, but there was a very high probability that it would become fiercer in the future. I wanted to build a solid position through aggressive investment before competitors increased.
Jinseong-eun caught a glimpse of Manager Kim’s inner thoughts.
“Manager Kim. We will provide more than 100 billion won in support soon.”
“Huh?! 100 billion?! Is that true?!”
“Yes. I will use my personal assets to support more than 100 billion won. And I will reinvest all of YTV’s profits into promotions, customer events, server expansion, and OTT business. I want to build YTV into a global company.”
At that moment, Manager Kim Cheol-ho’s complexion brightened.
I received the confirmation I was hoping for.
“CEO. If possible, please give us at least 200 billion won.”
“We will provide 100 billion won next month. We will provide another 100 billion won in 3 months.”
“We would be grateful if you could still provide 100 billion won after 6 months.”
“I understand. I will support you even if it means disposing of my coins. Please make a budget plan.”
Jinseong’s refreshing answer.
At the promise of investment of 300 billion won.
[Likeability: 90]
Manager Kim Cheol-ho’s favorability has increased significantly.
[Inner thoughts: As expected, our CEO! You’re hot!!]
[Inner mind: Now is the right time. If we invest heavily from now on and prepare thoroughly from now on, we can turn YTV into a world-class company. You can go beyond Korea and advance overseas.]
Manager Kim clenched his fist tightly.
“CEO. I will work hard. I will do my best.”
I burned my fighting spirit.
“I’m looking forward to it.”
“You can look forward to it. We will never disappoint you.”
“I feel reassured.”
Jinseong smiled kindly.
[Likeability: 95]
Manager Kim left the representative office feeling refreshed. He had no doubt that the CEO would keep his investment promise. In his opinion, the CEO was a man of great ability and sincerity.
Jinseong is left alone in the representative office.
‘Hmm.’
I was lost in deep thoughts.
I thought about business.
‘Grandma rice cake.’
Grandma rice cake.
Halmaetteok had opened its 3rd directly managed store and its 50th affiliated store. It is rapidly expanding its influence, led by Vice President Lee Myung-ho of Halmaetteok. There was over 10 billion won in surplus funds, the debt ratio was 0%, and the know-how had been accumulated in expanding franchises. It was on a roll.
‘YSP Pharmaceuticals.’
YSP Pharmaceutical’s operating profit was about 6 billion won per month. Multivitamins, omega-3, and black vitalizers were selling like hot cakes. As word spread that it was effective, sales skyrocketed.
It looks like vitamins will soon be available at pharmacies. We’ve hired talented salespeople, and they’re running around like crazy. I don’t know, but I thought sales would increase by more than 30%.
‘YSP Coin Exchange.’
The number of coin exchange members exceeded 700,000. As Coin Lotto became an issue, the number of members increased significantly. As the daily trading volume skyrocketed, significant sales were being generated.
‘YSP Health.’
As Hayeon became famous, the number of customers increased significantly. We were getting a lot of inquiries asking if we were interested in opening a gym chain. Jinseong is positively considering chaining.
‘YSP Entertainment.’
YSP Enter.
The YouTube team had 62 YouTubers. The break-even point has been passed. Average monthly growth rate of over 50%. It was growing at a steady pace.
The actor team was slowly making progress. In particular, Miyeon’s stock price was soaring sky sky-highthink we will soon pass the break-even point.
The idol team was a money-eating hippopotamus.
‘YTV and Y Shopping.’
If the idol team is a ‘little hippopotamus’ that eats money.
It is no exaggeration to say that YTV and Y Shopping are the ‘biggest hippos’ that eat money.
‘There is no other way to raise business funds than to invest hard in stocks.’
It felt like my spine was twisting.
It was as fun as the scale was large.
I checked my stock account.
[500,005,000,000 Won]
Tesla exceeded 500 billion won.
[430,605,350,000]
The domestic account exceeded 430 billion won.
Jinseong diversified investment by dividing 430 billion won into 9 stocks.
‘1 trillion.’
If you add up all your assets.
Excluding debt, net assets seem to be over 1 trillion.
Article 1.
An astronomical asset that three, no, five generations can play and eat.
The amount that an office worker with an annual salary of 100 million won can earn by working for 10,000 years.
But Jinseong was not satisfied.
‘It’s not enough. We need to invest more tightly.’
To build a super-large logistics center throughout the country.
To make YTV a global platform.
1 trillion won is not enough.
‘If we liquidate domestic stocks, we will have to share the funds. 25% will be used as business funds, 25% will be used as short-term investment in overseas stocks, 25% will be used as short-term investment in domestic stocks, and the remaining 25% will be used for long-term investments.’
‘Tesla should be a long-term investment. No matter how you think about it, it’s the lowest point. If I sell it now, I will lose money. The same goes for Bitcoin. I will continue to mine, purchase more, and hold on to it for at least 10 years.’
—
The number of members of YSP Coin Exchange has exceeded 800,000.
‘It’s today.’
The Lotto coin drawing ceremony was scheduled to be held at 7:07 this evening.
‘I don’t know.’
Lotto Coin wanted the second round to receive more attention than the first round.
The prize money for the second round was twice the prize money for the first round.
There will be more than 1 million participants in the second round.
With the prize money doubling and the crowds of people flocking, it is inevitable that they will be in the spotlight.
‘As much as it receives the light.’
YSP businesses would see a significant increase in customers, sales, and awareness.
‘I’m looking forward to it.’
