The Youngest Son of Sunyang (Reborn Rich)

[119] Iron Fist and The Hundred-Year Guest 1

I couldn't help but smile as I imagined a life of hobbies. Sensing my father carefully observing my expression, I had to refocus on business matters.

"As I mentioned earlier, dramas and games are for the future. For now, it's all about movies. We plan to secure both free and paid movie channels and then gradually expand from there."

"Cable broadcasting..." My father hadn't considered such thoughts yet, so he neither approved nor disapproved.

"Father, the idea of cable channels encroaching on terrestrial broadcasting isn't a distant future. Look at the USA."

Channels like USA, TNT, FX, MTV, and Syfy, not to mention premium cable channels like HBO, Showtime, and Starz, have thrived. Especially in the USA, they not only rebroadcast terrestrial programs but also produce their original series.

These series will start sweeping the Golden Globe and Emmy Awards from 2000 onwards. The leading place for the entertainment sector led by cable channels is the USA.

"Well, can Korea really become like the USA? Even with three terrestrial channels, we're already overflowing with content."

"Well-made programs with unique characteristics are the key. People will find good restaurants even if they're in a remote location. Ultimately, the success of channel business comes down to high-quality content, right?"

"Maybe in theory, but..."

"The market is just starting to open up now. We should rely on theory to guide us."

My father fell into deep thought. He might lack perception in some areas, but if he went so far as to speak bluntly like this, he must have someone in mind.

However, the response that followed exceeded my expectations.

"Do-jun, there might not be many who boldly claim that your plan is possible, that they can take charge and make it work. However, most of those who do are usually scammers. This industry is overflowing with them."

"So, are you saying there's no suitable person?"

My father nodded. "Unless you're a savvy entrepreneur, even assembling a team can be overwhelming. You need someone who can endure at least ten years of losses while reducing the deficit. Those who talk about making money from the get-go are also usually scammers."

What should I do then? Someone who isn't a scammer, who can look at things with a clear perspective and, in ten years, become the number one powerhouse in Chungmuro. But can't even read his son's intentions.

"So, you're saying there's no one trustworthy except for the person I had in mind?"

"What? Did you already think of someone and still asked me?"

"Yes. No matter how much I think about it, the only person I can think of as the top candidate is that person. I just wondered if you might have someone else in mind, Father."

"Who is this person? Do I know them? It's not Oh Sehyun, is it?"

"Uncle Sehyun is already swamped with his current work. The person I have in mind has proper experience in managing and economics from the UK, has worked in the media field for ten years, and currently holds a firm grip on Chungmuro."

This should be enough for him to figure it out.

And indeed, my father was quick to catch on.

His eyes widened, and he froze.

"I plan to pour money into this project for the next ten years precisely. We've already covered the losses, and I'm only thinking about building a media empire to be completed in ten years. We'll invest first and start reaping the rewards later. Oh, by the way, DCN was preparing to expand into multiplexes. If we acquire them, we'll start that too."