LIGHTNOVELONLINE chapter 39
39 – Anyway, less than Taewoong
Joint Venture.
A corporation established by two or more companies working together to achieve a specific business goal.
A joint venture is established as a temporary or independent legal entity for a specific purpose, where companies share resources such as capital, technology, and experience through the joint venture.
The reason I proposed the establishment of a joint venture for the OSMU business is in the same context.
“However, CEO, is it necessary to establish a joint venture between the same game companies? Wouldn’t it be better to cooperate in the form of a consortium?”
A consortium is similar in concept to a joint venture. Unlike a joint venture, which establishes a new corporation and conducts joint business, there is a difference in that each company cooperates independently.
So, as Jihoon Park mentioned, if LeonPlay and Digital Factory are game companies of the same size, a consortium would be better than a joint venture.
If it’s ‘the same size’.
“I’m sorry, but if the OSMU business is promoted by the digital factory alone, there will be many difficulties starting from the stage of attracting investment.”
“Kuhmm… !”
“But Leonplay is different.”
Digital Factory is not yet a sufficiently proven company from the investor’s point of view.
So, in order to attract investment, a digital factory must endlessly prove itself and be recognized for its corporate value.
But what about Leonplay?
Under the halo of Taewoong, isn’t it a game company that is growing at an unprecedented speed, wielding overwhelming capital and influence?
“The joint venture is a kind of display. It shows that ‘Leonplay, convinced of the success of the OSMU business, directly proposed the establishment of a joint venture’.”
“… It is definitely different from the weight that comes from the value of the name.”
It may vary depending on the joint venture contract, but generally, joint ventures are performed as a joint organization, so profits and losses are borne according to the contracted ratio.
The problem is that even though the division of work is not clear compared to a consortium, disasters such as university teamwork assignments may occur because of joint responsibility.
So proposing a joint venture implies that Leonplay is confident in the success of the OSMU project despite taking all these risks.
That would make collaboration contracts with prestigious studios much easier.
“IP and infrastructure owned by Digital Factory and the value and capital of Leonplay…… The finalization can be carried out in the form of a content consortium and collaborated with the studios.”
“It’s quite plausible, isn’t it?”
“Ha ha ha!! As long as you choose the right work, you won’t fail!”
Park Jihoon opened his sparkling eyes wide and smiled brightly with a flushed face.
I was told that I would carry it myself, and of course I would be happy.
Of course, I didn’t do it with the mindset that I would spread it like a hogu.
Since the OSMU project utilizes already proven works, high added value can be obtained with minimum investment cost.
As long as the quality isn’t too bad, the original’s fandom will follow suit.
“The management right ratio is 60:40. Of course, Leonplay is 60.”
“Good! hahahaha!”
Isn’t that what virtue does?
****
[Title]
Leonplay-Digital Factory establishes a joint venture within the year… “Contents OSMU Business Cooperation”
[Text]
LeonPlay and Digital Factory officially announced that they would establish a joint venture within this year.
On the same day, LeonPlay and Digital Factory exchanged a memorandum of understanding (MOU) for cooperation in the content OSMU business.
It was revealed that the joint venture will develop various content businesses by combining Leonplay’s IT technology and capital and Digital Factory’s numerous content IPs.
In addition, LeonPlay announced that it plans to invest 20 billion won as an initial investment.
Park Ji-hoon, CEO of Digital Factory, expressed his aspirations, saying, “As the capabilities of the two companies are different, I think we will be able to produce meaningful results through synergy.”
[Comments] (+259)
-Leonplay and Digital Factory? No way?
B webtoon and anime respectively came up hahahahaha
N Both of them are game companies, so I think they will make a game first.
ㄴ Webtoon first, build fandom first, then make it into a game or an anime hahahaha.
-Kim Seong-woo doesn’t even have enough sponsorship for his novels, so now he’s determined and fanatic hahahaha
-Jn My heart is trembling, is this just me?
When the establishment of a joint venture between Leonplay and Digital Factory was officially announced, the media focused on it.
I sat in the back seat of my car and rummaged through my phone to see how the press was reacting.
As expected, the reaction was the atmosphere that everyone expected.
“We have arrived, sir.”
The Leonplay employee sitting in the driver’s seat turned his head.
I am planning to leave for Japan today.
The reason is to sign a publishing contract for ‘Etherna Z’, the next work of ‘Etherna X’.
To be honest, I didn’t even have to visit, but I decided to leave for the first time in my life to go on an overseas trip.
Although I had never been on a trip, I literally dragged myself to the airport because the competent staff had prepared everything.
While the staff unloaded the luggage from the trunk and finished preparations, I got out of the car stretching my rigid body.
The entrance to the airport was literally a sea of people.
It was mind-boggling to have to pass through so many crowds.
“CEO, I will guide you.”
The staff who told me to follow him with a firm voice was reliable in itself.
I nodded and followed the staff’s guidance to the airport, and familiar faces greeted me at the airport entrance.
“CEO! Here it is!”
“Okay… Good morning… ! CEO… !”
Hayoon Kim and Yoonseong Park are content producers and cameramen for the recently opened YouTube channel.
After that, there were two Leonplay legal team members.
Waving hands with a happy heart, I walked towards them.
“It’s been a while since I’ve seen you all. How have you been?”
“Sure! Thanks to the CEO, I live with a perfect work-life balance these days.”
“I… I’ve been fine too… !”
As I laughed at the two of them, a member of the legal team coughed and stood in front of me.
“CEO, Nice to meet you. This is Kwon Tae-ho from the legal team.”
“This is Kim In-wook, the representative of the legal team!”
The two of them went ahead and started shouting with a 90-degree bow.
I waved my hand at the courteous greetings of many people of my age.
“This is Sungwoo Kim. You don’t have to say goodbye like that.”
After a brief greeting, we entered the airport.
The seat I will be riding today is the Prestige Class of Chosun Airlines.
At first, of course, I wanted to look into first class, but in the case of a short-distance flight such as going to Japan, first class was said to be annihilating.
My party and I followed the guidance of the staff at the front and moved without hesitation.
I passed the counter for economy class passengers, which were packed with people, and entered the quiet, empty First Class check-in lounge.
I asked the front staff with a curious mind.
“Isn’t this for First only?”
“Yes, sir. You can use it regardless. This has already been discussed with the airport.”
“Has it already been discussed?”
“Yes, you don’t have to worry.”
I was taken aback by the extremely competent staff’s response, but before I knew it, two flight attendants with scarves around their necks appeared in front of me.
“Hello, customer.”
“Give me your passport and if you are resting in the lounge, I will take care of the ticket.”
Is this capitalism?
After completing all the procedures, the flight attendants greeted and quietly disappeared.
Looking around, the lounge had a dedicated buffet, as well as various desserts and wine.
I sipped my coffee and quenched my thirst, leaving behind Kim Ha-yoon and Park Yun-seong, who were admiring and hurriedly loading the food.
“CEO, don’t you eat?”
Yoonseong Park, who had filled her plate with food, tilted her head as she looked at me.
“I am not that hungry. Eat a lot.”
In the first place, not only did my stomach not grow big, but I already ate a hearty breakfast.
I just sat back and watched the staff shove the food into their mouths with a smile on their faces.
The take-off time approached before I knew it, and my party and I got up.
“Wow… Money is really good.”
Park Yun-seong bursts into admiration as he enters the plane.
Although I didn’t show it on the outside, I also sympathize.
A plane seat where you can lie down with your legs stretched out.
Excited, I took off my shoes and changed into the in-flight slippers provided on the seat.
“This is great.”
I stretched out my feet and sat back, looking at the take-off field beyond the window.
Ah, it’s comfortable.
It’s the first time I’ve been on a plane, but the first time I’ve ever been on a plane is a business.
Kim Ha-yoon and Park Yun-seong, who were seated in the front seats, were also scanning the seats with tears in their eyes.
I lay back comfortably and passed the time looking out the window.
“Why doesn’t the plane take off anyway?”
Apparently, the time for the plane to take off has passed, but the plane does not take off.
Is it that you usually wake up this late? You must have been on a plane before to know.
But I guess I wasn’t the only one who was puzzled by this situation.
“Why are you not taking off?”
“There is no guidance, and it’s a total piece of sh*t.”
Passengers seated across from us also murmured, dissatisfied with the delayed takeoff.
I was in the car trying to go to the bathroom, hoping it would open someday.
“Sister, this will be delayed like this.”
“It’s a mess…… Where has the secretary gone?
“Looks like you’ve already gone and posted a bunch…”
Crews whispering and talking in the corner.
Did I hear that wrong?
I’ve dug my ears, but no matter how I look at it, what’s wrong is not my ears, but the current situation.
“CEO, did you hear?”
“Heo Eok!”
I almost fell backwards for a moment because of Park Yoon-seong who suddenly jumped out from behind.
When did he get here again?
“I think it’s over there.”
Yunseong Park turned his head in the direction he pointed with his chin.
There was nothing special about the direction he pointed, but he moved cautiously just in case.
“Are you really crazy? Secretary, how can a person like you still work for our airline?”
“Sin… sorry. However, it really happened through a mistake, so please forgive me just once… “
A clear female voice was heard from the crew rest area located at the tail end of the aircraft.
It seems that I have properly captured the scene of power abuse that I have only heard about.
“Yunseong. Do you have a cell phone?”
“Yes, I am here, Mr.”
“Prepare for the shoot.”
Ssiik-
I let out a sinister laugh and instructed Park Yoon-seong as if whispering.
Park Yun-seong nodded with a solemn expression and took the lead in filming.
“Kneel down.”
“…… Yes?”
“Kneel. Did you even eat your ears?”
“Anyway, that’s… “
Jaak-!
With a clear plosive sound, the head of the man presumed to be the office manager turned violently.
“Kneel down.”
“…… “
The office manager, whose pride was hurt, lowered his head and clenched his fists.
Jaak-!
A plosive sound heard again.
The man clenched his fists and remained silent until the end.
“Wow.”
I unknowingly spit out admiration at her reckless assault.
Is this right? Youtube angle.
The woman who had been slapped repeatedly turned her head towards me with her eyes raised.
“What are you?”
She wiped her forehead and let out a sigh, then looked back at the cell phone Yoonseong Park was holding.
“Hey you crazy bastard! What are you filming? Put your phone away!!!”
“Calm down and carry on. I just had a good phrase.”
As soon as I smiled and waved at him, she rushed recklessly to snatch Park Yoon-seong’s cell phone.
The secretary intervened in the middle and quickly succeeded in mediating, then carefully whispered to me.
“I… You’re Kim Seong-woo, right?”
“Yes, that’s right.”
“That… It’s no different than deleting the recordings… This is the president’s daughter… “
Is this the third-generation conglomerate?
Her eyes met with her as she exuded a spirit like a lion with demons in her eyes.
“Don’t put your phone away, bastard!”
“Pooh!”
I couldn’t help but burst out laughing at her screams.
I never thought there would be such a big event on a plane to Japan for a business trip.
What if the third generation of chaebol are the same?
If so, wouldn’t it catch less than Taewoong?