The 4th Generation Chaebol YouTuber

Chapter 36

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It seemed that Jung Myeong-seon wanted to return to the ‘third role of MCN’ she said.

“okay. Then, is there any reason to seek help from an MCN company?”

Bumsu asked another aggressive question.

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Jung Myung-sun’s eyes widened slightly.

“yes?”

“If it’s better to start generating profits unconditionally quickly, I don’t think there’s any need for consulting from an MCN. The answer is already out there.”

“ha ha ha. This person has been asking sharp questions since a while ago.”

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Jung Myung-sun laughed.

“But in terms of revenue, MCNs do a lot more than that.”

“You mean that is MCN’s third role?”

When I agreed, Jung Myeong-seon was happy.

“you’re right! Exactly.”

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Jeong Myeong-sun tilted her head slightly forward and began to explain.

“First of all, as I mentioned earlier, the process of obtaining approval for generating revenue and connecting to a bank account to receive real money is extremely difficult.”

“yes.”

“So I thought that this channel was throwing money away because it couldn’t even think about it… Oh, I’m sorry. It’s a little wordy. It’s like throwing money in the air. With over 30,000 subscribers, not starting to make money.”

“yes. There are other reasons.”

In fact, more than 100 billion won came in in cash, but I can’t think of the process of getting the money to come from an account with 30,000 subscribers right away.

Besides, I don’t know if I’m free, but I’m extremely busy because it’s an event right now and I’m filming the next video.

“yes. Still, wouldn’t it be a little different if there was someone to do it for me? I can’t seem to do it right now because I have to do it right now, but there are many cases where it’s beneficial to do it when I’m free.”

“hmm. I guess so.”

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Jeong Myeong-seon’s tongue was worth recognizing. Most of all, I like the quickness of not being blocked even once.

However, I was gradually accumulating in the build that Jeong Myung-seon was building.

“And what is more difficult is management.”

“Management?”

“If you make a small mistake on YouTube, your AdSense account will be blocked. Suspension if weak, account deletion if severe. But there are a lot of account deletions.”

“ah. Yes.”

“Even if it’s stopped, it’s not easy to solve, so it hurts, but if it gets deleted, it’s a real disaster. Not just from the creator’s point of view, but from our point of view as well.”

“Hmm…”

“We invest a lot in creators, right? However, if a creator makes a mistake and loses his account overnight, he becomes a dog chasing chickens overnight. So stopping that is the most important thing.”

“I see…”

In theory, that is correct.

But my intuition was gradually changing to certainty.

“But, how do you manage that? There are so many mistakes that creators can make…”

“Ah yes. So, we take care of the account management.”

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Jeong Myeong-sun’s eyes shone.

“Adsense account?”

“There are very few issues with the AdSense account itself. It’s a problem with the YouTube or Tistory accounts linked there. False advertising, or posting violent or 19-karat gold videos. So, to manage AdSense, you have to manage your YouTube channel as well.”

“…”

For a very short time, there was silence.

The story that Chung Myeong-seon threw now is very important.

In the end, it means taking the management authority of the channel for the reason of accident prevention.

“So, are you saying that the company is actually taking both the AdSense account and the YouTube account? Then the channel is not actually mine.”

I broke the silence and asked.

I could see Jeong Myung-seon’s pupils moving rapidly.

“Recently, our country’s National Tax Service has started working.”

Are you talking?

“So I tried to tax YouTube revenue. So, there are cases where individuals do not report taxes and then eat tax bombs later. However, if you make AdSense a company, the company reports it as income in the first place, and then settles all tax relations and puts it in.”

hmm. It wasn’t talking.

“Then, creators just need to accumulate money in their bank accounts. Getting a pin, worrying about being suspended from AdSense, and not having to worry about taxes, just being active.”

“hmm. All right.”

I nodded.

“Then, have you brought a draft of the contract by any chance?”

“uh. sure.”

When Jeong Myeong-sun winked, he took out a file from Jung Ho-young’s backpack.

“Then let me read for a moment.”

“yes. The profit distribution has not yet been written down. It’s written at the end, but you can think of what we’re suggesting as 7:3. Creators are 7! We are recognizing the potential of this channel!”

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Jeong Myeong-seon said triumphantly.

Heck, there are too many cases these days where the MCN distribution ratio is 5:5.

If that’s enough, in this industry, you might be able to put on an expression of ‘Are our conditions good?’

“yes.”

I replied, and started reading the contract.

“me too.”

Beomsu moved to his seat next to me, and the two of us read together.

In the end, there were three things that mattered.

– The company manages YouTube accounts and Adsense accounts.

– Uploading and unloading videos to YouTube is performed directly by the company after judging the appropriateness.

– When the contract is terminated or terminated, the rights to the account belong to the company.

“…”

After seeing this part, Beom-soo and I faced each other.

And, he nodded slightly.

It’s written in polite language, but…

“I’m stuck on this part.”

So saying, I read aloud the three articles in question.

Of course, with the intention of recording well in the video.

“ah. It’s something I can’t help because of the reasons I mentioned earlier. In fact, from the company’s point of view, if the channel it manages disappears overnight, the damage is too great.”

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Jeong Myeong-seon said, and added as if emphasizing.

“If you try contacting other MCNs, there will be little difference.”

“yes. But I think it could be used a little bit. This is almost like handing over your channel to a company. Start your activity by giving your own channel? This is almost like a restaurant, where I was the president, but I handed it over to the management company and became a manager.”

I said.

“ha ha ha. It’s a little different from that.”

“And last year or so, there was a fight between creators and companies over this issue. It’s an unfair contract, but when the creator tried to terminate the contract, the channel was taken away.”

“That’s what bad people do.”

“well. Actually, I don’t think that people are unconditionally bad, I think that conditions make bad people. On your own terms, if you think you won’t be punished, you’re doing something bad.”

“hmm…”

“Isn’t that what the contract says? If you cancel the contract, the channel will be a company.”

“…”

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Jung Myeong-seon was finally speechless.

I continued to speak as if to confirm.

“After hearing the explanation, it doesn’t make sense to have a channel and account management rights. However, even if you cancel the contract, if you can’t find it again, it means that you don’t just have the management right, but the ownership has passed.”

“Oh, that can’t be helped because of Google policy. If you link your YouTube account to AdSense, you can’t change it back. Wouldn’t it be possible to tell the person who wants to cancel and leave midway through the company’s AdSense account?”

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Jeong Myeong-sun protested.

“Obviously, that part is difficult. So, I think channel owners will have to decide on that part.”

I said with a cold expression.

“…”

“I don’t think we will sign a contract with that MCN company as long as there is a provision to transfer this channel. As you said, it seems that there are few such companies, but I will look for them and tell you.”

“yes…”

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Jeong Myeong-seon’s expression darkened for the first time.

“Oh, and. I heard this from Yeon-nim.”

“yes.”

“At that time, there was a clause like a ban on dating, but this contract doesn’t have it?”

“ah. There is a condition that only applies to female YouTubers. Apparently, for young female YouTubers, that is a very important factor in sales.”

“aha. So it’s not gone, so it’s still there?”

“yes…”

“Well sir. I will receive your consultation here.”

I said this, and as politely as I could, I folded up the file containing the draft contract and handed it to Jeong Myeong-seon.

“…”

However, Jeong Myeong-seon did not accept it and was staring at it blankly.

“I thought you would sign a contract today.”

“ah. I don’t think the terms of ownership will be negotiable. sorry.”

I said politely again.

“okay. Well, it’s the creator’s heart after signing the contract.”

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Jeong Myeong-seon’s voice was very cold, different from before.

– gulp.

The sound of a bum swallowing saliva came.

Like Jung Myeong-seon, and Jung Ho-young, who was sitting next to him.

Something about the atmosphere has changed.

“then. After meeting with another company, you didn’t have any second thoughts, did you?”

“yes. Unfortunately, yes. As far as ownership issues go, I think we’d rather do it alone. It would be better to be honest about this.”

I spoke as politely as possible.

“yes. Well sir.”

After saying this, Jeong Myung-seon winked at him, and Jeong Ho-yeong stood up.

And, the place he headed to was where FX9 was installed.

“huh? What are you doing?”

Beomsu looked at Jung Hoyoung and asked.

But without answering, he quickly headed for the FX9 and removed it from the tripod.

“We allowed you to shoot, but we couldn’t allow you to upload the video. They are not our creators, so we cannot give you permission to disclose sensitive content.”

“Eh?”

My eyes widened at Jeong Myeong-sun’s shameless reply.

Are you going to come out like that?

“no. You said you were allowed to shoot.”

“Photography is permitted. But anyway, if you signed a contract with us, we gave permission because we have the right to upload.”

“Puhahahaha.”

Laughter erupted momentarily.

“What kind of sh*t is that?”

I said this.

“Put. what. We have nothing to make you understand. Anyway, we won’t even sign a contract, because we’ve come a long way.”

While those words were being exchanged, Jeong Ho-young was opening the cover of FX9.

“Originally, I was going to carry the whole camera, but this is too expensive, so it’s a bit of a burden. We’ll just take out the memory card. And please let us know the delivery address in our mail. I will send you the same memory there.”

Those were the words of Jung Myeong-seon.

“No, cameras and memories are equally stolen, right? Is this a criminal case?!”

Beomsu stood up from his seat and shouted.

“hahahaha. Still, depending on the price of the item, whether or not the police actually work is different.”

“wow. You are saying something really dangerous.”

I said.

“uh. Why are you laughing?”

Yes. my face was smiling

“No… because they make really good content. This isn’t a show, everyone?”

I made a comment as if I were talking to the viewers.

“ha ha ha. Funny, very.”

When Jeong Myeong-seon and Jeong Ho-young let out a laugh of laughter, I moved quickly.