[130]Slice of Pie 1
“Is Uncle gone?”
“yes.”
When I went up to the study on the second floor, the two were discussing the DMC map and the list of companies.
“Did you get some outlines?”
“All government agencies and organizations such as the Konjin Yeongjinwi and Korea Communications Commission move in, so there is no problem. All that remains is the move-in of Chungmuro film companies and independent productions.”
Looking at his father’s expression, the prospects did not look bleak.
“There are many companies that will follow me, so Chungmuro is not worried. The real problem is the broadcasters.”
“Isn’t airwaves a matter of government policy anyway? The individual studio relocation has been announced, so I think it will be okay?”
“Because the government changes every five years. I can’t be sure until the new building is put up.”
I understand your worries, but I can’t tell you to stop worrying. If the number of cables increases and comprehensive channels are created, the platform will overflow, so I am the only one who feels relaxed.
“You don’t have to be in too much of a hurry. It is a place that will be completed over several years, so media companies will slowly enter over several years. father than that. Have you considered acquiring DCN?”
“Since there is no problem with the supply and demand of films, there is no difficulty in operation. But still the profit…”
“As I said, don’t think about the profit for the time being. We already have enough money. Think of it as sowing only strong seeds.”
My father still looked anxious, but Oh Se-hyun was different.
He knows very well how much money he has accumulated in the US and in Korea.
“hey. take when you give No matter how much money a cable broadcaster eats, it will reduce several bowls of water in the Han River.”
one? you’re welcome.
Gotta go a little harder. It is to lay the foundation to sweep talent from the beginning.
“It changes from a few bowls to a few basins. Movie Drama Game Entertainment Channel. Let’s start with this.”
“what? four?”
“As a father, wouldn’t there be a problem with supply and demand for movie content? Also, take this opportunity to produce a drama or entertainment program. It is enough to make half of it yourself and broadcast the other half over the airwaves.”
If he pushes his hesitant father over a cliff, he will inevitably exert momentum. I have to raise all my father’s sleeping potential.
“You must be busy building an Asian film distribution network, running a film company, or running a cable network.”
Oh Se-hyeon, who understood my meaning, did not forget to lend her strength.
“I’ll look for some of those bottom talents, too. Let’s make a proper media company this time.”
The two of us laughed out loud as we saw our father’s face revealing the conflicting emotions of excitement and anxiety just like a student preparing for an exam.
* * *
1999 was a year in which Nostradamus’s apocalypse theory and the hope of the new millennium were mixed, revealing the emotions of the end of the century.
Our family was no different.
The attitude of the family gathered on the first day of the new year was somehow awkward.
“happy new year.”
“take care of yourself.”
Everyone gathers and greets each other, but the person who should be there is nowhere to be seen.
Even people who were not aware of it did not mention the names of the two invisible people.
Jin Yeong-joon has not yet been exiled, and the only son-in-law of this family has not yet come because he is not ready.
Salt from sesame seeds flowed in the eyes of the aunts who were looking at their sister-in-law, and the eldest fathers were wary.
Rumors began to circulate within the group that Chairman Jin would give his daughter a generous price for divorce, and specific circumstances were revealed that the separation process had already begun.
If the little sister was carrying a coma, she would be able to laugh at it, but since they are pulling out a pillar, the brothers’ expressions can’t be good.
As the chill chilled even at the table where the rice cake soup was being eaten, the grandfather put down the spoon without drinking a few drinks.
“Once you’ve filled your stomach, you guys should come to the study. If we eat like this, everyone will get jammed.”
When Chairman Jin stood up, the children jumped up as well.
This must be a bomb today.
# # #
Chairman Jin looked around at each of the children gathered in the study and opened his mouth.
“Today I am going to make an important announcement. Listen carefully to everyone and don’t vomit if you have any complaints. Because this is the conclusion I came to after careful consideration.”
Jin Seo-yoon tried hard not to let her brothers see her nervous expression, but she had no choice but to keep swallowing dry saliva.
It’s finally the day to pack a bag. I prayed and prayed that Sunyang Yutong was in the bundle.
“First, Yoongi.”
“yes.”
When Jin Yoon-gi’s name came up first, everyone started rolling their eyes in surprise. It is to be wary of the youngest taking a share by breaking expectations.
“As you already know, you are officially the director of the Sunyang Medical Center and the director of the Sunyang Human Resources Development Center starting this year. The legal process has already been completed. As soon as the press is announced, take office immediately.”
I was relieved because everyone knew about it, but I couldn’t completely put my mind at ease. It shouldn’t come out any more in the words that follow.
“The medical center is a place where you can make enough money to feed your family. As long as you don’t do anything stupid, there will be no problems in the future.”
Everyone’s eyes softened. It’s like a declaration that the hospital is everything.
“The Human Resources Development Center will give enough money to each affiliate, so run it well. Don’t even think about making money there. Only roll enough to avoid losing money.”
Jin Yoongi nodded his head with a grave expression. There was no empty space in my head for a hospital or training center to enter. My head explodes just thinking about the homework given by my son, who is a giant media company, rather than the gift his father gave me.
“I will ask you one last time. I have no intention of passing it on to you…. How is it? Are you satisfied?”
Everyone started looking at Jin Yoongi’s mouth.
“Will you give me more if I tell you it’s not enough?”
Everyone was surprised by the bold question, but only Chairman Jin snorted.
“no. There is no choice.”
“Then you shouldn’t ask if I’m satisfied.”
Chairman Jin smiled at his youngest son. It was even remarkable when he became so confident.
“Seeing that you don’t whine, I’m not going to be greedy even if I’m dissatisfied. done. Even if it’s not me, aren’t you going to live doing everything you want thanks to having a proud son? Of these, you are the best.”
When the youngest member Jin Yoon-gi’s share was clearly decided, tension rose again. Whose turn is it this time?
“Department store hotel condo golf course is going to be completely separated by tying it to Sunyang Distribution. The cycle of controlling stake is broken, and the difference in value that occurs when exchanging shares is completely resolved by converting it into bonds.”
Jin Seo-yoon had to hold back from wanting to call out for a long time. heard clearly That Sunyang Distribution becomes the parent company.
And his name came out.
“This is up to you, Seoyoon.”
“father. thank you.”
Jin Seo-yoon lowered his head slightly, and Chairman Jin waved his hand.
“It may not be something to be thankful for.”
“yes?”
“I owed a lot to the process of tying it up with distribution. You have to make money quickly and pay the Sunyang Group back. Since the affiliates were separated, there is no one to look after them.”
Isn’t debt the fate of corporations? Jin Seo-yoon didn’t even care how much debt he had. No matter how much it is, can’t you afford the interest?
“It’s the spirit motive.”
“yes. father.”
The two sons’ answers were powerless.
It was because one of the pillar roots of the family had just slipped out.
“Make sure to pay the principal and interest. I don’t get paid if I take care of the executives who treat me as a younger sister and ask for it. It’s your fault if you don’t get the money you deserve. Be mindful.”
Jin Seo-yoon’s lips pouted out.
A grumpy inspiration.
Thread your nose with something until the end. Besides, are your brothers creditors?
It is obvious that he will catch the pod worse than the loan shark. Aren’t they the ones who will make a fuss about giving up stocks instead of cash if interest rates fall even a little bit?
“It’s Hakjae.”
When Chairman Jin chined his chin, Lee Hak-jae turned some papers.
“This is the bond status of each affiliate. It is based on the year 98. We have organized the interest to be paid at the end of this month by affiliate.”
When Jin Seo-yoon saw the number on the document, her jaw dropped. Chairman Jin, who saw his daughter’s surprised look, said with a giggle.
“If you don’t pay it back quickly, your brothers might put a red ticket on department stores and hotels and take your things away. Do a good job, so don’t let the creditors even come.”
Chairman Jin turned his gaze to his second son, ignoring Jin Seo-yoon, who could not even raise his head and stared at the documents.
“It’s motivation.”
“yes.”
“You are vice president starting this year.”
I wasn’t thrilled or grateful. I know it when I see my older brother, Vice Chairman Jin Young-ki. Only the title is Vice President.
“You should take charge of the affiliates in the construction and chemical field of heavy industry and do as you wish. It shouldn’t be difficult since I’ve been rolling it so far.”
I knew it! Loud, but nothing. Vibrator gritted his teeth to avoid venting his displeasure.
“yes. thank you President.”
Chairman Jin read the inside of the second son’s expression and smiled. I wanted to tell you that it’s too early to be disappointed, but that’s the last step.
“And it’s Youngki.”
“yes.”
Vice-Chairman Jin Young-ki gave an unflattering answer without much expectation.
“Young-gi, you will be in charge of electronics and products as you are now.”
If there is no expectation, there is no disappointment. Jinyoung only nodded his head without showing any expression.
Chairman Jin looked at his two sons and slowly began to speak of the remaining decisions.
“Now, the two of them will have to act as true vice presidents. From now on, the presidents of affiliates will not have to look at my face. Whatever you do, proceed with the decision.”
Despite handing over all authority, both the eldest son and the second son are not bright.
Even if you say it like it’s great, Vice Chairman Jin Young-ki is all about the affiliates he was ‘nominal’ in charge of anyway. It was tossed in as if to patronize the idea of giving a little more power to the decision-making power.
Barely maintaining the status quo when adding a few more would not be enough!
The second son, the owner of Vibration Machine, only grew more impatient.
Even if all the heavy industries and construction chemicals are combined, it is about 60% of the scale of the electronics field. If it hadn’t been confirmed, I would have expected more, but since I cut it like a radish, it seems that even the chance to have more has disappeared.
Chairman Jin’s group succession plan only increased the dissatisfaction of his two sons.
“I tell you out of nopasim. Don’t let the presidents of affiliates come to me because they don’t trust you. If that happens, the affiliate will change to a professional management system. Did you understand what I was talking about?”
It sounded like it could be taken away at any time.
The two sons gnashed their teeth at their father’s cruelty that kept them from being vigilant for even a moment.
Conversely, the third, Jin-sang, was listening to all conversations with a reddened expression.
There are many affiliates that haven’t come out of Chairman Jin’s mouth yet. That’s the financial part.
Sunyang Life Insurance, Sunyang Marine Insurance, Sunyang Securities, Sunyang Card, and even Sunyang Asset Management, which was launched last year.
It is a hidden pillar of the Sunyang Group and another main force that plays the role of a relief pitcher with strong financial power.
It is clear that this is up to you.
If this is the case, it is a ‘fair’ distribution that has nothing to compare with the older brothers.
“It’s a reminder.”
“yes.”
“You manage all non-profit corporations, such as school corporations and welfare and culture foundation research institutes. He also owns quite a bit of stake in affiliates, so he’s good at managing it. The museum remains. You should let your mother do her hobbies. I mean, imitating European aristocrats while looking at art.”
What is this nonsense? It is no different from saying that they should get out of group management altogether.
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