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K-Producer C33 Acquisition offer
🕑 Added 2024-08-08 01:10:27 +0000 UTCThe following day, Byul-ho found himself seated across from Gye Jiwoo, a representative from SM Entertainment, in a high-end restaurant. The atmosphere was professional yet relaxed as they discussed the recent developments with Ascend.
"First of all, congratulations on Ascend's performance," Gye Jiwoo began, a hint of admiration in his voice. "The impact has been significant."
Byul-ho nodded, "Thank you. We're pleased with the progress. I assume you have the latest figures?"
Jiwoo produced a folder, detailing the sales increase and projected royalties. As they discussed the numbers, both seemed satisfied with the upward trend.
However, as the main course arrived, Jiwoo steered the conversation in a new direction. "Byul-ho-ssi, given Ascend's potential, SM Entertainment would like to propose something more... comprehensive."
Byul-ho's eyes narrowed slightly, sensing the shift. "Go on."
"We're interested in acquiring Ascend entirely," Jiwoo stated plainly. "We believe they would be a valuable addition to our roster, alongside TVXQ, Super Junior, Girls' Generation, and SHINee."
As Jiwoo's words hung in the air, Byul-ho's internal optimism instantly evaporated. However, years of experience as a producer in his previous life had honed his poker face to perfection. He maintained a neutral expression, not betraying the shift in his mood.
Unaware of Byul-ho's internal turmoil, Jiwoo continued, "The label is prepared to offer a significant sum for buying out the group. We believe this could be mutually beneficial."
Byul-ho remained silent, taking a measured sip of his drink. Memories from his past life flooded back - other companies attempting to poach his groups, the constant struggle to maintain control and artistic integrity. He had seen firsthand how groups could lose their unique identity when absorbed by larger companies.
Internally, Byul-ho made a solemn vow: 'It won't happen again. Not this time.'
Jiwoo, interpreting Byul-ho's silence as consideration, pressed on, "Think about it, Byul-ho-ssi. With SM's resources, Ascend could be closer to achieving their dreams than ever before. International tours, collaborations with top artists, the works."
Setting his glass down, Byul-ho addressed Jiwoo with respect but firmness in his voice. "I appreciate your offer, Jiwoo-ssi, but I must decline. Ascend's journey with Golden-Star Entertainment is far from over."
Jiwoo's smile faltered, surprise evident in his eyes. He leaned forward, his voice taking on an edge of frustration. "Byul-ho-ssi, are you really going to be so selfish as to deny your group the chance to achieve their dreams?"
Internally, Byul-ho snickered at the predictable tactic. Externally, he maintained his composure, a small, knowing smile playing at the corners of his mouth.
"Selfish? No, Jiwoo-ssi. I believe in Ascend's potential and our shared vision. Their dreams aren't just about fame or money, but about creating music that's true to who they are," Byul-ho replied calmly. "I'm confident we can achieve that without compromising our identity or autonomy."
He leaned back slightly, his gaze steady. "I understand SM's interest, and I'm flattered. But Ascend's journey is just beginning, and we intend to see it through on our own terms. Our dreams and SM's vision for us might not align as perfectly as you suggest."
Jiwoo's expression hardened slightly, realizing that this young CEO was far more shrewd than he had anticipated. Byul-ho's response had effectively countered he emotional appeal while reaffirming his commitment to Ascend's unique path.
"I see," Jiwoo said, his tone cooler now. "Well, should you change your mind, our offer remains open. But I must warn you, opportunities like this don't come often in this industry."
Byul-ho nodded, maintaining his polite demeanor. "I understand, and I appreciate SM's interest. We look forward to continuing our partnership in its current form."
As they steered the conversation back to safer topics, Byul-ho felt a mix of relief and determination. He knew that this wouldn't be the last time he'd face such offers, but he was prepared.
His experiences from his past life had equipped him to navigate these waters, and he was committed to charting Ascend's course on his own terms.
The meeting concluded with polite handshakes, but both parties knew that the dynamics of their relationship had shifted.
Byul-ho had demonstrated that despite his youth, he was a formidable player in the industry, one who wouldn't be easily swayed by the allure of big companies.
***
Jiwoo entered the spacious office where several of SM Entertainment's higher-ups were waiting. He bowed respectfully before delivering his report.
"I'm afraid Jeon Byul-ho has declined our offer to acquire Ascend," Jiwoo said, his tone apologetic.
The executives exchanged glances, their expressions a mix of surprise and annoyance. One of them, a senior vice president, spoke up.
"Declined? How could someone so young and inexperienced turn down an offer from SM?" he asked, his voice tinged with disbelief.
Another executive chimed in, "Did we not offer enough? Perhaps he's holding out for a better deal."
Jiwoo shook his head. "It wasn't about the money. Byul-ho-ssi was quite clear that his vision for Ascend doesn't align with becoming part of a larger label. He believes in maintaining their unique identity and creative direction."
The room fell silent for a moment as the executives processed this information. Then, unexpectedly, a smile spread across the face of the most senior executive present.
"Well, well," he mused, leaning back in his chair. "It seems the apple doesn't fall far from the tree after all."
The others looked at him questioningly.
"Don't you see?" he continued. "Jeon Yong-ho, Byul-ho's father, was known for his visionary approach to the industry. He built Starlight Entertainment from the ground up, always emphasizing artist development and unique identities. It appears his son has inherited not just his company, but his philosophy as well."
Murmurs of agreement and grudging admiration filled the room.
"It's impressive," another executive admitted. "To stand firm against such an offer at his age. Perhaps we've underestimated young Jeon Byul-ho."
The senior executive nodded. "Indeed. While it's disappointing we couldn't acquire Ascend, I'm intrigued to see what Byul-ho will do with the group. Let's keep a close eye on their development. They might become formidable competitors, or... valuable partners in the future."
As the executives discussed the situation, one of them suddenly turned to Park Ji-won, a senior manager who had been quietly observing the meeting.
"Come to think of it, Ji-won," the executive said, "didn't you have a close relationship with Byul-ho's father? And you've known Byul-ho since he was young, right? Perhaps you could use that connection to gain his trust and eventually persuade him to let us acquire Ascend."
All eyes in the room turned to Ji-won, including those of the senior vice president, awaiting his response.
Ji-won met their gazes, a wry smile playing on his lips. He took a deep breath before speaking.
"I appreciate the suggestion, but I'm afraid I can't do that," Ji-won said, his voice calm but firm. "Yong-ho was more than just a business acquaintance; he was a friend. Using that relationship to manipulate his son... it wouldn't sit right with me. There are lines I'm not willing to cross, even for business."
He paused, his expression softening slightly. "Besides, Byul-ho is a sharp kid. He'd see through any attempt at manipulation, and we'd lose any chance of a positive relationship with him and Ascend in the future."
Several executives exchanged glances, some rolling their eyes or scoffing quietly.
"Always the moral compass, aren't you, Ji-won?" one of them sneered. "This is business. Personal feelings shouldn't factor in."
Another chimed in, "Your conscience is admirable, Ji-won, but it's also what's holding you back. This industry requires a certain... flexibility in ethics."
The senior vice president, however, studied Ji-won thoughtfully. While he didn't necessarily agree with Ji-won's stance, he recognized the value of having someone with strong principles in the company.
"Very well, Ji-won," he said, effectively ending the discussion. "We'll respect your position on this matter. However, do keep us informed if you have any insights about Ascend's movements in the future."
As the meeting adjourned, Ji-won could feel the mixed reactions from his colleagues - some respect, some disdain.
But he left the room with his head held high, knowing he had stayed true to his principles, even in the face of potential career advancement.
Comments
John
feel like byul-ho will offer ji-won to join his company
