Chapter 64 - President Kwon Oh Hyuk
12 Hours After
Translator: Khan
Editor: RED
I quickly typed âDirector of Daewon Daily News Lee Won-jaeâ on the keyboard. After searching, it appeared in the portal window.n/ô/vel/b//in dot c//om
[Director of Daewon Daily News Lee Won-jae]
However, there was no other news or such, except for a short profile.
âIf he became a director at twenty-eight years old, he would have been a little bit controversial.â
I certainly remembered seeing such an article. I changed the search term, âdirector, chaebol II.â There was news coming up soon.
[Controversy is growing over the director appointment of Kang Yu-mi, the daughter of Chairman Kang Joon-gil of Hwa-yeon Asia.]
There was an article about half a year ago. When I clicked on the article, there was a story like that written.
[She is thirty years old and a granddaughter of the founder⦠At a time when the youth unemployment rate is recorded historical high⦠The appointment doesnât match the style of Hwa-yeon Asia, which has emerged as a global cosmetics brand.]
I came back to the keyboard and typed, âcontroversy over Lee Won-jae, chaebol II.â There was no article on Lee Won-jae, a 28-year-old director. I guessed Daewon Daily News had asked the portal site not to upload any news about him. In addition, no other U.S. company published an article about it.
âI guess the media are taking care of one another.â
I searched a little more, âPresident of Daewon Daily News.â The President of Daewon Daily News was Lee Keun-sang. As soon as I saw his picture, I thought he was the father of director Lee Won-jae. The red face, the cut eyes, and the big nose looked exactly the same. If there was a difference, his father looked very old. The hair of Lee Keun-sang was completely white and he had gray eyebrows. He was sixty-two years old.
âWell... Lee Won-jae is twenty-eight years old and this man is sixty-two years old. There is 34 years difference between them.â
âIf it is a 34-year-old difference, he may not be the first son. Is he the second or third?â
I searched for more. Sure enough, there were two older brothers. The first was Lee Won-sang, the 36-year-old President of Daily Sports. The second was Lee Won-joon, the 34-year-old Executive Director of Daewon Daily News.
âThirty-six, thirty-four, twenty-eight years old... Look like he is the last son in this media chaebol.â
The Garden Envoy organizer, Master T, was also a low-ranking member of the chaebol, and there was an odd similarity.
I was thinking about him, and my cell phone rang. When I saw the caller, it was Lee Won-jae. With Lee Won-jaeâs face on the monitor, I answered the phone.
âHello? Mr. Han. I heard you signed a good deal. Congratulations.â
Director Lee Won-jae seemed to know the details of our contract. That certainly made me feel bad.
â....â
âWould you like me to write a piece of good news for you this time? On the contract?â
âNews?â
âTo celebrate this deal, Iâll write it down well.â
âKeystone Media... Iâd like to say no.â
âHaha, donât look at us so bad. There are many ordinary internet newspapers in our company. I will take good care of it.â
I thought it over. I had a plan to build the Invictus investment into a large and profitable company.
âWell, I think itâs not bad.â
âYes, Iâll put it on the news in a few days. Then Iâll call you back.â
He ended the call with the last words. I looked at the cell phone with the name floating for a moment. From this approach, he seemed to think that his relationship with me was useful, too.
âWell... this guyâ¦â
At that moment, I heard a knock twice, and then I heard the secretary Seoâs voice.
âBoss, Vice President Jang is waiting.â
âPlease let him in.â
Soon the door opened, and Vice President Jang came in. After bowing to me, he came before me.
âThis is the data you mentioned before, on the appointment of CKDâs representative.â
âOkay.â
I received the data he gave me. There were several profiles of CKD Entertainmentâs executive director, managing director, and others. I remembered seeing them all at the last meeting. They had their noses in my backside.
âWelcome, Mr. President.â
âPlease take care of me. Mr. President.â
They showed appropriate reactions for their positions.
I announced that I would not be directly involved in management before I took over the company. Therefore, CEO Do Chan-ki would leave the company and the post of CEO would be vacant. So they were trying to get themselves in that position.
âIs there anyone you can recommend?â
âWell, I donât know anything about the entertainment business... Itâs hard to say.â
I kept passing over their profiles. But among them, the face of OH Entertainment CEO Kwon Oh Hyuk was also seen. I asked, picking up President Kwon Oh Hyukâs profile, âHowâs this guy? President Kwon Oh Hyuk of OH Entertainment, a subsidiary company?â
When I picked an example, Jang only expressed his opinion at that time. âOh, I looked at him a little carefully, too. I donât think itâs a bad choice. OH Entertainmentâs performance is so good these days. Thanks to Oh Hyun-joo, the star entertainer, but⦠isnât it true that he has done a job, anyway? These small and medium-sized entertainment companies can make a big profit, having a star entertainer.â
âWell, how was OH Entertainment acquired by the CKD? President Kwon Oh Hyuk was the manager of CEO Do Chan-ki.â
âThey only worked together in the nineties, and then they split up and set up their own entertainment company around 2010. Unfortunately, CEO Do Chan-ki had his own money and used his name to attract investors and started holding large amounts of capital, while Kwon Oh Hyuk had only a career, so he got few investors and started with small amounts of his own.â
âWell, OH Entertainment hasnât had any well-known celebrities, until the big hit of Oh Hyun-joo recently?â
âYes. As the financial situation became difficult, President Kwon Oh Hyuk must have sent an SOS to Do Chan-ki, who had an old relationship with him,â
âThatâs why it was taken over. And while it was a subsidiary, Oh Hyun-joo got a big hit.â
âThatâs right.â
âBut then... Should I say that his management skills are a little insufficient? What do you think?â
âHowever, people in this industry say that he is a little bit more upright than someone in the entertainment industry.â
âWhat does that mean?â
âWell, I donât know the details, but... any company would do that. When theyâre in need of money, theyâre bound to do anything. Especially, in the case of entertainment agenciesâ¦â
When Vice President Jang blurted his words. I knew what he was saying.
âBut he didnât like to do it. He has been a very caring person. Even if he doesnât have a sense of reality, itâs a good style in the long run.â
âWell... â I thought of him for a moment when he lowered his head down and hit his fingers. Come to think of it, Oh Hyun-joo really didnât get a big hit for a long time. I had always known her when she had been unknown.
âWhy canât she get a big hit, though she is so pretty and so good at acting?â I used to think that. Perhaps it was because Kwon cared about his agencyâs entertainment staff and ran it neatly. I scored a good mark in my mind. President Kwon would be seated on the throne of CKD.
âThen, President Kwon will not be bad as the next CEO of CKD.â
âYes, I think so, too.â
âBy the way... What is the stake relationship between CKD and OH Entertainment?â
âItâs a 100% subsidiary. CKD had a 100% stake.â
âWell, why donât we take this opportunity to merge? I can see that they also used the same building. At the same time, I hope we change our company name to OH Entertainment. CKD itself is named after CEO Do Chan-ki. I think itâs weird for a company that doesnât have CEO Do.â
âYouâre right. It wouldnât be bad to do. This new OH Entertainment will do better.â
âI think thatâll do. In fact, there are many cases in which well-known subsidiaries in other industries are disguised as parent companies.â
âThen Iâll appoint him a new CEO. Is there any other problem?â
âThereâll be a little noise. Other people, CKDâs board members will be wondering, because they expect to become the new CEO themselves.â
âBut hasnât OH Entertainment been feeding CKD much lately? From the financial perspective, it looks like OH Entertainment earns and pours it into CKD.â
âThatâs true. For that reason, the directors wonât be able to say much.â
âThen thereâs enough justification, so letâs go ahead with this scenario.â
âYes, I see, boss.â
ââ
After Vice President Jang left, I picked up the phone right away and called Secretary Seoâ
âYes, boss.â
âCall that President Kwon Oh Hyuk of OH Entertainment and make an appointment to meet him.â
âWhen shall we do it?â
âThe sooner the better.â
âYes, boss.â
About a minute after the call, my phone rang again.
âMr. Kwon will be here right away. I heard he would be here in time for the boss?â
Mr. Kwon seemed to have been interested in taking the position of CKDâs next president.
âThen ask him to have dinner tonight. Um... today... What shall I eat?â I blurted my words, and said what came to my mind right away, âHow about tuna?â
âOh yes, I see.â
âââââââââââââ
I opened the sliding door and walked in. Inside was President Kwon Oh Hyuk.
âAre you here, boss?â
âOh, good to see you. Mr. President.â
I gave him my hand. He held my hand with his head down and shook it several times. We shook hands and settled down in front of each other. I looked at him, and he looked at me. By the way, he was still not aware of me.
âWhat the hell? He still doesnât recognize me.â
The door opened, and the hostess asked, âWould you like to order?â
âEh... this one. What about alcohol?â I looked at President Kwon. He said, âAnything is fine.â
I started talking to him after having him take a course and drink for $150 per person. âYou have a good reputation in the industry. You take care of your own celebrities well.â
âAh, Iâm overpraised.â
âTo be honest, I don`t know much about the internal affairs of the entertainment industry. Donât you see it sometimes? In the news. Gambling. Sponsors. Drugs⦠Considering that, I donât think it would be easy to run an entertainment company. Itâs a place where people with strong colors are gathered.â
âThank you for your knowledge.â
âI think thereâs a lot more to it, if you put together something thatâs not covered. For exampleâ¦â I sneaked out the story at that time, âThe attempted murder.â
As I said, President Kwonâs eyes grow bigger. âYes?â
He looked at me with his big eyes. âAh⦠Ah-ah.â He made a noise without speaking. He only just now recognized me. I poured the beer served first into his glass as he said, âNo, how?â
âWhat a strange connection, right? I didnât know how President Kwon would look at me, but I was glad to see you again.â
âNo, ... I thought you resembled someone. But I didnât even know that you were the same person that I saw.â
When I filled up his glass, he filled my glass with haste, too. He spoke with a slightly trembling hand. âBut then... I heard that you were definitely an ordinary office worker...â
I said with a smile, tinkling a glass with him, âThat wasnât a lie.â