Music Monster Overnight! 107
As talk of an All-Stadium Tour began to circulate, discussions about the stock value of YC’s US branch were already underway.
This was a natural phenomenon, considering that YC Entertainment had practically conceded and viewed it as one of the major events of the latter half of the year.
Some were already discussing equity transactions, but naturally, all such offers were being rejected.
There was no need for the owner, Youngchan, to step in personally; YC Entertainment had already earned an enormous sum in the first half of the year.
Even after deducting the money poured into preparing for the All-Stadium Tour, there was enough to immediately establish the framework for US distribution.
Nevertheless, the company was increasingly viewing the idea of listing the US branch positively.
Taylor, in particular, felt strongly about it.
“No matter how I look at it, we need to increase the proportion of distribution as quickly as possible. Compared to the majors, there are still many areas where we fall short.”
He was right.
One need only look at the recent ‘stars in the night sky’ album.
If distribution had been more active, the initial sales would have been 20% higher, and the number one spot could have been maintained for at least two more weeks.
Moreover, it was obvious that the rankings of the tracks on the ‘stars in the night sky’ album, which were virtually title tracks in their own right, would have been even higher.
It wasn’t just beneficial for Black Tiger.
YC Entertainment would directly promote new albums by its artists who had made history. Additionally, the barriers to pushing newly discovered rookie artists would be lowered.
There were also advantages such as simplifying preference surveys and support processes for each region.
Above all, it would be possible to significantly increase the scale of the merchandise business, which currently accounts for 20% of YC Entertainment’s revenue.
The merchandise business not only generates money but also allows for natural cultural penetration, so the scale of the business could only grow, not shrink.
Taylor believed that securing the capital needed to expand this distribution beyond the US to Europe was crucial, and the sooner, the better.
“As expected of Branch Manager Taylor.”
Youngchan admired Taylor’s competence and began to focus all his efforts on preparing for the All-Stadium Tour.
He created and revised the concert repertoire and checked the facilities accordingly.
“His experience is really helpful at times like this.”
Youngchan’s memories played a significant role in the success of the concerts during the previous Korea-China-Japan tour, where he created the repertoire in a short amount of time.
Unlike Youngchan, who was still in his third year, the Youngchan in his memories was a veteran with over 20 years of experience since his debut.
His experience with concerts, in particular, was comparable to that of any legend.
But the most helpful thing was that he knew the repertoires of other famous overseas artists’ concerts up until early 2018.
This meant that he knew about new developments that were at least two years ahead, which was a great advantage in this rapidly changing market.
“I never thought you could create a repertoire like this. But can we actually make it?”
“Try consulting with this department. They should be able to make it.”
As soon as the employee, who was daunted by the state-of-the-art structural facilities Youngchan wanted, spoke, Youngchan gave him an answer, leaving the employee dumbfounded.
Unlike Taylor and others who were optimistic, preparing for the All-Stadium Tour in such a short amount of time was too difficult.
There were personnel and time constraints, but when Youngchan gave such clear instructions, the worries he had been having seemed pointless.
It was no wonder he was so dumbfounded.
Youngchan was putting as much effort into checking the skills of his uncles [referring to his mentors or senior colleagues] as he was into preparing the concert repertoire.
Of course, even for Youngchan, it wasn’t easy to raise the level of his uncles, who had reached the level of masters.
However, after learning that his uncles had fully embodied the inspiration he had achieved during this preparation and activity, he decided to be ambitious.
“If I’m lucky, the biggest achievement from this All-Stadium Tour might be this.”
More than the honor and wealth gained from the success of the All-Stadium Tour, or even the enormous level of conglomerate achieved through the listing, Youngchan valued his uncles breaking new ground.
He could earn money through his knowledge of things like cryptocurrency or his musical talent.
But helping his uncles, who were both colleagues and family, reach new heights was something that could only happen with the help of heaven.
No matter how much he pushed inspiration, it would be useless if they didn’t have the capacity to accept it.
It might be different if there was a big difference in skill levels like in the past, but that wasn’t the case now.
Nevertheless, he was hopeful for this activity because he saw the All-Stadium Tour as an opportunity to grow his uncles.
Youngchan’s goal was to gain inspiration to face new walls.
Of course, facing a wall also meant having a painful time. It was like a pie in the sky, something that could only be looked at but not eaten.
But if they could get that far, Youngchan was planning to show his uncles something else.
He would show them why he didn’t hesitate to call himself a music monster.
Youngchan could forcibly show them what the world beyond was like, what the flavor and texture of that pie in the sky were.
Even if he couldn’t actually feed it to them, he could give them the feeling of forcibly eating the shape of that wind.
If this was repeated, they would eventually find themselves naturally chewing on that pie in the sky.
‘It’s a very stimulating method, but there’s no better teaching for those who have reached the level of masters.’
Perhaps those who haven’t reached the level of masters would lose their way and fall apart.
However, a master whose mind, that is, whose path has become firm, would become exhausted but would not fall apart.
As if knowing Youngchan’s thoughts?
Under Youngchan’s guidance, his uncles, who were receiving instruction, often shivered with a sudden chill, as if they were aware of a future that was not bright.
-All-Stadium Tour tickets sold out, including royal seats, as soon as they went on sale!-
-30 million people flocked to the concert reservation!-
-Sales site down! Fans’ anger explodes amidst recovery and downtime!-
-Why are people going crazy for concert tickets averaging $300!-
-Tickets with premiums already appearing on resale sites! Price is $5,000-
-Can’t sell them fast enough. Black Tiger royal seats!-
-Black Cat [Black Tiger fan] in the US! Spends $10,000 on one royal seat!-
The All-Stadium Tour of Black Tiger, which had caused some concern, came to an end as soon as ticketing began.
Tickets sold out so quickly that the server, which had been expanded for emergencies, went down several times.
The resale tickets that were sold became numerous news stories from the next day.
Floor seats for the Arizona performance sold for $17,000, and floor seats for the Georgia performance exceeded $30,000.
What’s scary is that the unit price of these resale tickets is constantly rising.
Even now, they were more expensive than tickets to the Super Bowl, the final of the American popular sport, American football.
Considering that the average resale price of tickets for the Super Bowl game last February, which broke the all-time high, was $10,427, it was clear how high Black Tiger’s status was in the United States.
Of course, the media pointed to YC as the main reason for this social phenomenon.
“Well, it’s not hard to understand. Compared to their enormous popularity, YC has very little public activity or scandals. Asians tend to be abstemious, but YC is a bit incomprehensible.”
“That’s right. How many beauties are openly flirting with YC?”
“Olivia, who is currently the hottest in Hollywood, openly claims to be a Black Cat.”
“Hahaha. I heard from a reporter that she attended the Las Vegas performance last time. But I heard that she didn’t get to meet him.”
“Good heavens. Not just anyone, but Olivia! No wonder there are rumors of him being gay.”
“Anyway, this album activity is a bit better, but it’s still hard to see him as a unicorn [a rare and valuable individual].”
“That’s why fans are trying to go to the concert. Above all, the songs composed by YC are really amazing, aren’t they? In fact, even in the 90s, this kind of craze would have happened even without YC.”
“That’s right. Especially Painkiller, which Marvin collaborated with last year, is really my favorite song. It was a new discovery of rock that I thought was already stale!”
“That’s right. Some people call him the 21st century Nirvana, but no. That’s not it. I’m sorry to Nirvana fans, but YC is not at that level.”
“There will be some controversy in this part, right? But I actually agree with that part.”
Like this, there is a joke that the reason why the current ticket resale price is soaring is because of the YC unicorn theory.
In such a hot atmosphere, the All-Stadium Tour finally began.
The All-Stadium Tour did not have a fixed opening guest.
YC Entertainment’s singers came out at intervals of several weeks, and MS Entertainment’s entertainers also appeared.
The reason was simple.
It was because Youngchan succeeded in securing 50.1% of MS Entertainment’s shares.
Contrary to the expectation that it would take more time and cost more money, there was not much difficulty in securing the shares.
The reason for this was that the ladies’ group, which had contributed greatly to creating the current MS Entertainment, had virtually disbanded.
This news was a fatal blow to MS Entertainment, which was already facing huge losses due to losses in China.
However, White Velvet, which proved its potential last year, the male idol group belonging to the first tier that succeeded in renewing its contract the year before last, and the rookie male idol team that rose to the first tier at the beginning of this year still showed the possibility of MS Entertainment’s recovery.
And the biggest achievement in showing that possibility is the American market.
If they show that they can succeed in the American market, MS Entertainment’s crash will no longer be a problem.
No, in fact, MS Entertainment’s stock price was already rapidly returning to its original level.
-MS Entertainment, which had many ups and downs, is embraced by YC, which secured 50.1% of its shares.-
The fact that there was no need to hide it anymore was released in an article.
Of course, this became a huge topic.
This is because many people said that MS Entertainment was over because the stock had already plummeted.
Seeing the movement of stocks being accumulated, the rumor that China or Japan, which are being influenced by the Korean Wave [Hallyu], were moving in the shadows was the trend.
And these rumors rather caused the stock price to fall further.
This is because they knew that MS Entertainment would no longer be recognized as a Korean entertainment company the moment it became owned by China and Japan.
In the entertainment business, where image is especially important, this part was more important than expected.
However, unlike these rumors, when they found out that the person who secured MS Entertainment’s shares was Youngchan, who is currently the hottest person in the world, the stock gallery went crazy.
It wasn’t just this side that went crazy.
The entire entertainment industry was shaken.
Rumors were already circulating that YC Entertainment was acquiring promising small and medium-sized entertainment companies.
However, acquiring a large entertainment company like MS Entertainment was a completely different matter.
Although it was failing, MS Entertainment was clearly a large entertainment company, and what they had accumulated for 20 years was by no means small.
This meant that YC Entertainment, which had absorbed MS Entertainment, could virtually monopolize the Korean market.
Of course, YC Entertainment had already grown too big to be attached to the domestic market, so these concerns were meaningless.
Anyway, as soon as rumors began to circulate that MS Entertainment’s singers would be the opening guests for the All-Stadium Tour, MS Entertainment’s stock price, which was already on the rise, really went crazy.