The 4th Generation Chaebol YouTuber

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I made calls to about 10 companies in 30 minutes.

And, today we have two appointments.

The front line of J Studio and 3 o’clock.

The next appointment was reserved for only one person, so allow yourself some time at 5:00.

“ruler. Let’s get our gear and go. I have reserved the Hapjeong seminar room.”

“huh. By the way, no matter how bad the soundproofing is, I don’t think I can hear the conversation clearly.”

Heeyeon said.

“Don’t worry about that. While recording FX9, Heeyeon connects her cell phone via Wi-Fi or Bluetooth and broadcasts almost live.”

I said laughing.

“Oh oh. That’s right.”

The killer’s eyes widened.

“Chuck, are you a genius?”

Heeyeon also agreed.

“What is a genius? If you think about it for a bit, this is a natural feature. Don’t you think we’re using the features of our equipment too aggressively?”

“Uh. It’s true, but the way you speak is poor.”

Heeyeon smiled.

* * *

“hello!”

When the promised 3:00 arrived, Jeong Myeong-seon came in with a cheerful expression and greeted me.

He was a slightly chubby man, about 35 years old.

His face is white and he has a smile.

“Nice to meet you.”

Beomsu and I got up to greet him.

However, he was not alone.

“This friend is the head of our content team. Say hello.”

Then, the group bowed their heads.

“Nice to meet you. My name is Jeong Ho-young.”

He was the owner of a stocky body of about 30 years old.

In a word, he is a good-looking man. His face was black, and his eyes were quite ferocious.

‘what. This man looks like an action leader.’

A little bit of vigilance here.

“Wow! You are very young.”

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Jeong Myeong-sun made a fuss.

“I also met Yeon-nim (Hee-yeon’s YouTube activity name) the other day, and I think she’s exactly the same age as me.”

“yes. I am a college student.”

“I see! YouTube creators are so young. There are many creators at our company who are brothers and sisters with us. Because we are like family. hahahaha.”

“ah. okay.”

When I heard that, I started to get wary.

Do you live with your brothers and sisters in business relationships?

Besides, if creators are college students like us, isn’t Jung Myung-seon, after all, going to be the ‘older brother’?

Then, there is a high possibility that the relationship will deteriorate already from there.

“By the way, is Yeon-nim also on the channel? He told me to appear in a video the other day.”

“ah. We hire only when a presenter with a face is needed. Not an official member. Let’s call it a guest member.”

Of course, this is a lie agreed with Heeyeon first.

Since our contract with Heeyeon was broken, it would be embarrassing to say that Heeyeon is an official member of ours.

“okay. So, can you continue to appear on the channel in the future? Perhaps if this channel does well, Yeon-nim will be able to increase her weight.”

“Ah yes…”

When I put on a slightly puzzled expression, Jung Myeong-seon must have noticed and scratched his head.

“ah. sorry. Yeon-nim isn’t even an official member, so you’re talking too much about him. hahahaha. But please understand! You know?”

“Uh… I don’t know.”

“ha ha ha!”

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Jung Myeong-sun burst into laughter. And he started explaining.

“Anyway, the content industry is a bit odd. When a young woman is featured in a video thumbnail, the number of views increases by at least three times. 3x is actually conservative, and it’s more than 5x. So, cooperating with Yeon-nim is a pretty important variable.”

“ah. That’s it. I know that.”

It was something I knew, so I agreed.

“By the way, there is no Yeon-nim in this P car video thumbnail. Once you work with us, you will receive consulting from scratch. Even if you change the thumbnail, the number of views goes up! hahahaha. I have to let you know after signing the contract.”

First of all, it was not clear whether Jeong Myeong-seon was a good person or not, but it was clear that he was talkative.

“Ah yes. thank you.”

I said with a wry smile.

“wow. It’s FX9. This is very expensive. They use better equipment than us.”

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Jung Myeong-sun found the FX9 installed and said.

“You don’t have to borrow our equipment.”

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Jeong Myeong-seon looked at Jeong Ho-young and said.

I thought for a moment that we were brothers because we had the same last name, but our names were different and above all, our looks were so different.

“Do you lend me equipment too?”

“yes. sure. We provide the equipment, and we provide the studio.”

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Jeong Myeong-sun proudly said.

“ah. Does it cost anything to rent equipment or a studio?”

Bum Soo opened his mouth.

“yes. We provide it for free. You signed a contract with us.”

Myungsun Jeong said.

“no way. By the way, doesn’t the profit distribution ratio change if you usually provide something like that?”

The beggar laughed and said.

“Uh… if you elaborate on the terms and conditions of the contract, you can do that.”

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Jung Myeong-sun admitted it.

“no way. Strictly speaking, it is not free. If you don’t rent equipment, the profit is 7:3, but if you rent equipment, it is 6:4. If things go like this, it will eventually incur costs from the creator’s point of view.”

The beomsu continued to bite and stretch.

‘uh? Beomsu fighting.’

This has not been decided in advance, but it seems that Beom-soo has decided on his role as a character who asks questions about various things while pouting a little.

is that okay?

Right now, our goal is not to make a contract, but to film the contract negotiation process.

“I do… hahahaha. Still, imagine if the profit didn’t happen properly. Then, even if the ratio of 7:3 becomes 6:4, we have no profit to distribute, so it is virtually free.”

Myungsun Jeong said.

“oh. That makes sense. But that’s the case in theory, and I don’t think there will ever be a situation where there is no profit at all.”

For the first time in a while, Beomsu bit and stretched as if showing off his teeth.

“ha ha ha. So, we are also working hard to share the profits.”

I think this is a good answer, but Jung Myeong-sun looked around the seminar room and asked.

“Did you just start filming?”

“yes. Are you all right?”

“Ah, sure. sure.”

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Jung Myung-seon said with a smile.

“Now, may I tell you our terms? Since we are filming a video, we proceed without unnecessary things.”

“yes. great.”

Myungsun Jeong said.

“First of all, our MCN has a few things to do. I can say three things.”

“yes.”

I decided to listen to Jeong Myeong-seon’s explanation while giving an appropriate response.

“The first thing is to help with planning. You are already doing a good job planning, but if you still have a meeting with an expert, there will definitely be more helpful parts.”

“yes. I guess so.”

Beomsu and I nodded.

“And the second is to help increase video exposure and increase views. There are several strategies.”

“yes.”

Both were very sensible.

“If I can do just one of these two things, I think it will help creators as an MCN.”

I nodded and said.

“hahahaha. that’s right. Depending on the capabilities of the company, creators can feel completely different levels of satisfaction. We are confident.”

Myungsun Jeong said.

“Once you said it right, I have a question for you.”

“yes. something?”

“J Studio is… Ah, we will hide the name of the company when we edit the video.”

“yes.”

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Jeong Myeong-sun put on an expression that seemed to be irrelevant.

Are you that confident?

“And one more thing, there is an important service that our MCN provides. The first two are actually common sense.”

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Jeong Myeong-seon cleared his voice and said.

“oh. something?”

“It is a settlement service.”

“A settlement service?”

I raised one eye.

“yes. You are now in a state where you can apply for subscribers, views, or monetization, did you?”

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Jung Myeong-sun asked.

“I haven’t done it yet.”

“As expected, you didn’t… All the people watching the video right now are watching it for free. If it was profitable, everyone would pay to see it. They’re leaking money right now.”

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Jeong Myung-seon said in a tone of regret.

“hahahaha…”

I smiled bitterly.

“I know why you haven’t set monetization yet, me.”

“uh. is it so?”

When I showed my curiosity, Myeong-seon Jeong said excitedly.

“yes. That’s because it’s all complicated. You need to create an AdSense account. I need to get that account approved. In addition, I have to get a pin in the mail and connect it to my bank account in Korea. That’s out of the question.”

“aha.”

I answered dryly.

Actually, that wasn’t the reason.

“Oh. Any other reasons?”

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Jeong Myeong-seon was a quick-witted person.

Seeing my reaction, I asked.

“yes. We are going to communicate with our readers for as long as possible and then pay them.”

When I answered like this, Jeong Myeong-seon’s eyes sharpened.

“Do you read or write web novels by any chance?”

“yes?”

To be honest, Jung Myung-seon’s words were surprising. I would never have thought that a web novel would come out at this timing.

“It’s a web novel. Web novels, not webtoons.”

“uh. I actually read a lot.”

“Yes? hahahaha. I knew it.”

“uh. why? Why are we talking about web novels now?”

The criminal intervened.

I was also curious, so I waited for Jeong Myeong-sun’s answer.

“There are creators we work with, and they are the ones who make videos about web novels.”

“ah. okay.”

“But, those people. He has a very strange mindset that other YouTubers don’t.”

“is it so? What is it?”

“They signed a contract with us when there were no profit-generating conditions, right? However, it has become a number that can generate profits, but they continue to say that they will do it after a while. hahahaha. Do you know why?”

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Jung Myeong-sun asked.

“well.”

“I heard that web novels are released for free, and then paid for when the maximum number of subscribers is reached. Try serializing up to 25 episodes, and if you don’t get enough subscribers, release up to 50 episodes for free. like this.”

“uh. that’s right. aha.”

After listening to it, I could understand what he meant.

“But you can’t apply that web novel law to YouTube. Because they have completely different personalities.”

“Yes. After web novels become pay-per-view, you have to pay to access the content. But YouTube is different. I just watch the advertisement, but the way in is not blocked.”

I answered.

“oh! You know!”

“And the bulletin board and ranking aggregation do not separate paid content from free content in web novels.”

I added.

“that’s right. So, if YouTube uses a web novel strategy to collect as many subscribers as possible and pay for it, that is really funny.”

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Jeong Myeong-seon seemed to have realized something at the moment while explaining in a triumphant way.

“for a moment. You know what?”

“Oh, I hadn’t thought of it until you said it now. However, I think I would have considered it if I had made up my mind to pay for it.”

“Uh…then why the hell…”

I know. Why haven’t I applied for monetization yet?

“ha ha ha. It seems there is some special reason? But most of them want to make money quickly. I don’t know what you’re thinking, but I can guarantee that making money quickly is always advantageous.”

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Jeong Myeong-seon urgently tried to return the conversation to his own flow.