#idol club | Explore Tumblr Posts and Blogs

banananutsmuthie · 2 years

Text

Idol Club Shareholder Letter

Word Count: 2.2k+ words

A/N: NOT SMUT. This is Idol Club lore written in the form of a shareholder letter. I promise you'll be rewarded with a bunch of easter eggs and future Idol Club spoilers if you read the whole thing. Enjoy while I prepare a proper comeback soon!

My fellow shareholders,

I was there on Opening Day next to Founder Kim as the VP of Public Relations when we officially opened the doors to our maiden Idol Club branch in Gangnam. Since then, I’ve risen through the ranks at Idol Club Entertainment, serving as the Chief Communications Officer for the last eight months. I’ve given many speeches on behalf of this company, addressed our employees through countless emails, and weathered the storm of numerous media queries during the Aberration scandal. Yet, never could I have imagined addressing you all in this annual shareholder letter, a job usually reserved for Founder Kim who has served as chairman since day one.

Founder Kim has been a pioneer and visionary in leading this company into the next golden age of technology and entertainment, so it came as a shock to receive Founder Kim’s resignation from the company last month. We wish Founder Kim all the best.

Rest assured, as the newly elected chairman of Idol Club Entertainment, I will do everything in my power to continue to steer this ship in the right direction, staying true to Founder Kim’s original vision while maintaining the best interests of our stakeholders.

That said, the transition in leadership could not have come at a worse time. These are murky and uncertain waters, and I’ve been tasked with guiding us through a global economic crisis, war, a chip shortage, and rising inflation across the world.

But we remain resilient.

2022 has shown us that as the world slowly emerges out of the pandemic and we find our cadence to the “new normal”, our customers are flocking to Idol Club for things they lacked in 2020 and 2021: social interactions, intimacy without consequence, and a damn good time.

And our numbers support that. Even though we temporarily lost the licensing rights to Everglow’s Yiren (one of our highest-rated and popular models) due to her sudden hiatus, we saw our profits soar to unimaginable heights in 2022, bringing a 403% increase in profits compared to 2021! This could not have been possible without all the strides we’ve made across all sectors of our business. From our engineers to the hosts at the front lines and even all the way down to our sanitation specialists, each one of our employees has helped us deliver an exceptional product and live up to our slogan to “make dreams a reality”.

Differentiators in 2022

But profits aren’t the only thing to smile about as we close out the fiscal year: reviews and ratings are up not just for the company, but also across all of our android models, finishing the year with an average rating of 4.92 out of 5 stars, up from 4.89 in 2021. We also received the prestigious Club of the Year award for the third year in a row. There were also a couple of huge accomplishments we achieved this year which helped differentiate our brand from our competitors:

Idol Club Goes International

Earlier this year, we launched our first Idol Club branch overseas in the heart of Singapore’s red light district, which has outperformed initial profit estimates by 32%. Customers are flocking to the affluent city-state in Southeast Asia and have helped us carve out a hearty 60% market share in Singapore’s escort sector. I’d like to thank the local government, our staff, and our external risk assessment vendor for making this all possible.

This is just the beginning. As part of Idol Club Entertainment’s five year plan, we are looking into entering the three largest markets in the world: China, Japan, and the United States. This is not an easy task, however. Each market has its own local laws and regulations that inhibit our current business model. We’ve hired local teams in these markets working around the clock with the hope that we can eventually enter these markets in a viable and legal way.

JYP Entertainment Signs Exclusive Idol Club Contract

I am proud to announce that after months of negotiation, we were able to land our biggest client to date in JYP Entertainment Corp (JYPE, KOSDAQ: 035900). This brings aboard TWICE, by far the most requested group by our customers, to the Idol Club family in addition to other JYPE girl groups like ITZY and select members of NMIXX and NiziU. This exclusive contract helps to diversify the products and services offered by the Idol Club brand as well as keep us ahead of our competitors.

It has only been a few months since we onboarded JYPE to our family of companies, but our Chaeyoung and Nayeon models have already been wildly successful at our Idol Zoo subsidiary, accounting for nearly 36% of all 2022 sales in just Q3 alone. Our plan is to introduce our Tzuyu models at our Singapore branch in early Q1, followed by the rest of the JYPE idols spread across our various brands. This further cements our commitment to providing our customers with the largest catalog of idols in the adult idol entertainment industry, joining our already star-studded premium lineup featuring BLACKPINK, Red Velvet, and aespa.

First Subsidiary Idol Zoo Launches

Expansion of our Idol Club flagship branch successfully completed in Q1 this year, introducing Idol Zoo, our first subsidiary, to the family of companies. This has led to numerous opportunities for brand exposure to the public.

Currently, Idol Zoo houses numerous ‘exhibits’ that our customers have access to, including free public shows known as the ‘Exhibitionist Exhibits’, such as the monthly Chaeyoungs show and the daily topless teasers. For the not-so-adventurous, we also offer private encounters for our paying customers. Among the exhibits our customers can peruse and enjoy: the Feline and Rodent display with the aforementioned Chaeyoungs; our popular Bunny Breeding Grounds featuring such idols as TWICE’s Nayeon, ex-IZ*ONE leader Kwon Eunbi, Kep1er’s Yujin, and Billlie’s Tsuki; and the Aquatic Animals Squirt Zone, featuring various idols who really know how to make a splash.

In 2023, we plan to further expand our exhibits, bringing in TWICE’s Mina to headline the new Penguin Habitat, as well as adding a new Screaming Deer Show to our line of Exhibitionist Exhibits featuring Oh My Girl’s Arin and NMIXX’s Sullyoon.

Endorsements from Idols

We’ve been fortunate this year to feature some surprise appearances from idols, both as clients and cameo performers, ranging from Weki Meki’s Choi Yoojung to ex-IZ*ONE’s Kang Hyewon, and many more who have preferred to not be named. And although this represents a tiny fraction of our sales, their endorsements and appearances at Idol Club have helped strengthen our brand reputation as the leader in adult idol entertainment. Their continued partnership undoubtedly will help us develop relationships with other labels not yet licensed to Idol Club Entertainment. These endorsements alone accounted for 12% of client referrals, not an insignificant number to our bottom line.

The Road Ahead

As we look ahead toward the next fiscal year, we are launching a bunch of new products and services that we hope will entice more customers and bring in new revenue. There are many great things to look forward to, but there’s also things we need to account for in our 2023 forecasts as well.

Generation 2 Androids

With our Gen 1 androids nearing the end of their lifecycle, we began replacing our fleet with the new Gen 2 androids at the start of Q4 this year, continuing the rollout into Q1 until we are 100% transitioned. Our engineers have made enhancements to the current hardware and completely revamped the software, providing customers with an even better sensual experience with the addition of reactive sweat glands and more realistic skin made with a polymer built in-house.

The software has been finely tuned to ensure a 0% chance of any Aberrations, but perhaps the most exciting development with these next-gen androids is the limitless options for customizations. The new models are modular, meaning each part of their body can be switched out quickly for different parts to create the customer’s ideal idol.

We plan to roll out the customizations in Q3 with an OTA update, allowing our customers to change the stock model androids to their heart’s desire: hair color, eye color, breast size, you name it. If they can dream it, we can build it.

More Product Offerings

As an entertainment company, we cannot be complacent with our current product offering. Customers will always seek out more thrills, and we must be ready to pivot and innovate when the tides change in order to meet the growing demands of our customers. We are exploring different ways to increase profits in 2023 by making our product more accessible to a wider audience without sacrificing the brand reputation and trust that Idol Club Entertainment has come to be known for.

In early Q1, we will be testing a weekly ‘lottery’ where one lucky winner will be chosen at random for a 1-hour session with any of our androids from our product lines in Tier 3 and below. Each ticket to the lottery will be sold at an affordable price yet to be determined, thus making it more accessible for customers who may not normally have access to Idol Club. Our research indicates there is an itch that needs to be scratched in this demographic, one that has not yet been tapped into by our competitors. If profitable, we plan to roll out the offering permanently, simultaneously introducing a secondary monthly lottery with a higher ticket price, with the winner given access to our premium Tier 4 and Tier 5 product lines.

For our current customers, we are rolling out a tiered subscription plan in Q2 that will work in tandem with our current on-demand pricing scheme. In total, there will be three different tiers, each offering unlimited visits to Idol Club for a specified time period: a week, a month, or a year. Each of the three tiers is broken down even further into a basic plan which allows access to Tier 3 and lower products, and a premium plan offered for an upcharge, allowing the customer access to our full line of androids across all product tiers.

A possible Idol Club Rewards program is also currently in the works. Though I have no further information at this time, our teams are working hard to roll out this program in Q4 of 2023.

Proposition 12

It would be irresponsible of me to end this letter and not mention Proposition 12 currently being voted on, and I’ve saved this issue for last because it is the biggest detriment to Founder Kim’s dream and affects every single employee and shareholder of Idol Club Entertainment. If Proposition 12 passes legislation, our successes from this past year and our roadmap for next year will be all for naught. Proponents of Proposition 12 want the general public to believe that our androids are sentient, that they should be afforded the same rights as human beings, thus making Idol Club operations illegal under current South Korean laws. Meanwhile, other proponents argue androids should be shut down entirely because they are dangerous, citing the Aberration scandal.

I want to assure our shareholders that these arguments hold no merit. We’ve hired an external research team that has concluded that while our androids are best in class, they are not sentient. Their findings also concluded that there was no evidence of remaining Aberrations. We continue to deliver a sound product; our engineering teams worked tirelessly to quickly rectify the bugs shortly after news of the Aberration scandal first broke. Still, the possibility looms that Proposition 12 proponents could sway public opinion enough to make it the law of the land.

I want to thank our legal team and lobbyists who have fought for us to make sure that Idol Club Entertainment stays in business. However, it will ultimately fall into the hands of the voters, so I am asking our shareholders to be proactive and vote ‘No’ on Proposition 12 in this upcoming election. Tell your family. Tell your friends. Together, we can make sure Idol Club continues to operate.

In the event that Proposition 12 passes, we have contingencies in place to make sure Idol Club Entertainment continues to operate in some capacity, and we are also exploring other sectors to further strengthen our current contingency plans. These plans aren’t 100% fool-proof, which is why I cannot stress enough just how important voting against Proposition 12 is.

Closing Statement

Idol Club Entertainment started from just an idea from Founder Kim, an idea that sprouted into a dream, and a dream that blossomed into a reality. There’s a storm brewing in the form of Proposition 12 that threatens our budding business, but all storms pass, and from the clouds emerges the sunlight. We will weather this storm, and when the clouds clear, we will prevail.

I would like to thank all of our shareholders for continuing to believe in us enough to invest in our product. I look forward to serving as your new chairman for the foreseeable future and hope to make Founder Kim proud. And as always, I will continue to operate this company with our core value in mind, the same core value that Founder Kim used as the foundation for Idol Club Entertainment, and the same one that continues to drive our company to be the best in the world:

“The customer always comes first, and the customer always comes.”

Regards,

Chairman Choi

#idol club #lore #non-smut #bns spoilers #bns easter eggs

162 notes · View notes