NOVEL NEXT Chapter 19
Chapter 19 Zheng Xing’S Contract Is Good!
Li Zhian watched Zheng Xing’s interview on TV and knew that he was born in 1988, and she was born in 93, five years younger than him.
However, if Zheng Xing is really signed to LOEN as a singer, then he will have to call her senior!
Even if Zheng Xing did not sign up to LOEN as a singer, and made his debut as a singer in other companies, he would have to be called a senior when he met her later!
Next, Zheng Xing chatted with Li Zhian.
Mainly, Zheng Xing asked Li Zhian to answer. Zheng Xing was curious about Li Zhian a lot.
As for Li Zhian’s character, when he is not close to Zheng Xing, he will not take the initiative to talk to Zheng Xing.
Soon Zhao Yingzhe walked into the practice room and said to Zheng Xing, “Congratulations, we are willing to directly sign a singer contract with you, so that you can debut directly as a solo male singer!”
“Kangsangmida!” Zheng Xing thanked, he had expected this just now!
Li Zhian felt happy for Zheng Xing: “Congratulations!”
Immediately, Zhao Yingzhe took Zheng Xing to Shen Yuanxiu’s president’s office again, this time to discuss contract issues.
Zheng Xing is an adult and has no parents. He only needs to talk to him about contract issues, and he doesn’t need to find his parents.
This time, Li Zhian didn’t follow him.
…
The singer contract is much better than the trainee contract!
This is an important reason why Zheng Xing wants to sign a singer contract directly with LOEN!
For example, a singer contract requires a signing fee, but a trainee contract does not.
For another example, the dormitory allocated by the company to singers will be better than the dormitory allocated to trainees!
Zheng Xing sat in Shen Yuanxiu’s office again and discussed his contract with Shen Yuanxiu, Zhao Yingzhe and others.
According to the negotiated results:
LOEN will assign Zheng Xing a dormitory!
LOEN first signed a three-year contract with Zheng Xing and gave Zheng Xing a signing bonus of 50 million won (300,000 RMB).
That is to say, the annual signing fee of 100,000 yuan is already very good. After all, Zheng Xing is only an internet celebrity now.
The signing fee is only equivalent to the minimum salary. As long as Zheng Xing can succeed as a singer, of course there will be income!
Originally, LOEN wanted to sign a five-year contract with Zheng Xing, but Zheng Xing refused.
Why? Because he is confident that he will be very successful as a singer!
Now he has signed a five-year contract with a signing gold of 100,000 yuan a year, which is a big loss for him!
LOEN accepted Zheng Xing’s request!
Because LOEN’s contract was good, this time Shen Yuanxiu, Zhao Yingzhe and others all valued Zheng Xing very much.
If it is S-M, I will definitely not accept it. S-M’s Girls’ Generation and other singers usually sign contracts for ten years!
In addition to the signing fee, LOEN also gave Zheng Xing a good revenue share this time!
Income is complex and includes:
South Korean Activities and Album Earnings
Music programs and variety shows (non-regular appearances)
Advertising endorsement
TV series, radio anchors, music programs and variety shows (constant appearances), musicals
Overseas Activities and Overseas Album Income
In terms of these incomes, this time LOEN gave Zheng Xing a good income share!
For example, LOEN and Zheng Xing share 50% of revenue from activities and albums in South Korea, while S-M is very toxic in this area, S-M is divided into 90%, and artists are divided into 10%.
For another example, in music programs and variety shows (non-fixed appearances), LOEN and Zheng Xing also score 50% each, while S-M is more poisonous in this area, S-M scores 100%, and artists score 0.
In other words, S-M’s artists participate in music programs and variety shows, and there is no income for non-fixed appearances!
In terms of revenue sharing, both YG and JYP are much better than S-M, and LOEN is even better!
And if Zheng Xing didn’t sign a singer contract directly this time, but first became a trainee at LOEN before debuting…
Then he signed the contract at that time, and the income share would be different, so he had to let LOEN recover the cost of cultivating him first!
In addition, in the future, whenever Zheng Xing composes and writes the lyrics himself, the copyright fee of the lyrics will belong to him, and LOEN will not share his copyright fee!
In South Korea, if a song is very popular, the copyright fee for the lyrics is a lot!
And the songs that Zheng Xing will release in the future will be composed by himself. It is conceivable that his income from the copyright fee of the lyrics should also be a lot!
In addition, Zheng Xing also has a certain degree of freedom in the singer contract signed this time, and LOEN does not have a strong desire to control him!
There is a “no love” clause in the contract!
This is inevitable. Young artists in South Korea sign contracts, and there are generally “no love” clauses in the contracts, especially idols!
Zheng Xing’s ban on dating this time is three years!
This is already very good, S-M’s idol, the time of forbidden love is more than five years!
Zheng Xing specifically asked Li Zhian the time when he was banned from dating, it was five years!
But this girl made her debut when she was 15 years old. Even if she is forbidden to be in love for five years, she will only be 20 years old by then!
Because of this, in her previous life, when she was 22 years old in 2015, she had a relationship…
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