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Chapter 59 Top Contract

 The third performance recording is over.

In a lounge at the backstage of the show, Liu Rongxuan sent a video to He Hongtu, the boss of Chaoyin Culture, and then called the phone and said:

"Chairman, I just sent you a video. It's a video of Fang Xing's performance.

"Wu Junchen and Liu Yichen's new singles can't suppress him at all.

"We may really have to give him a platinum contract, otherwise I'm worried that the situation will change."

On the other end of the phone, He Hongtu's dissatisfied voice came:

"When will Chaoyin Culture sign a trainee with a platinum contract? Are you crazy?"

Liu Rongxuan explained patiently: "Chairman, why don't you take a look at the video I sent you first. Although the sound effect is not good, you should be able to see the problem."

The other end of the phone went quiet. Apparently He Hongtu went to watch the video.

A few minutes later, He Hongtu's voice came from the mobile phone: "Sign him immediately, go in person, don't send any more assistants.

"Try it with a top-level contract first. If he still refuses to sign, give him a platinum contract, but the share ratio cannot be that high. It should be 35%. The contract period should be longer, at least ten years."

"Okay, I'll do it right away."

After Liu Rongxuan finished the phone call, he immediately took his two assistants to find Fang Xing and made an appointment to discuss the contract in a small conference room.

……

After sitting down in the small conference room.

Liu Rongxuan introduced himself: "Hello Fang Xing, I am the artist director of Chaoyin Culture and one of the shareholders of the company.

"I am here to discuss the contract with you on behalf of the company. Based on your last request, we have seriously modified the contract."

Liu Rongxuan motioned to his assistant to push a contract to Fang Xing.

He continued: "This is our company's top contract, and no trainee has ever received a contract of this level.

"Only top-tier singers in China can get such a contract. You should be able to see the company's sincerity, right?"

Fang Xing opened the first page of the contract and glanced at several key positions.

The share ratio is 35%, which is not what Fang Xing is most concerned about.

Top-level contracts are slightly more relaxed than ordinary contracts, but only slightly more relaxed.

This contract still has many restrictions on artists. For example, during the duration of the contract, artists cannot fall in love.

Another example is how much work an artist must complete within a certain period of time.

Moreover, these are not the clauses that offend Fang Xing the most.

What’s even more outrageous is that the contract period is 10 years.

There are also supplementary clauses. After the contract expires, Chaoyin Culture has the priority to sign contracts. Artists cannot contact other brokerage companies without notifying Chaoyin Culture.

However, this is not the most extreme one.

The most outrageous clause in this contract is that the copyright of all works created by the artist during the contract period belongs to Chaoyin Culture.

Even if the contract ends in the future, the artist only has the right to sign the work and has no right to use it.

Yes, according to the terms of this contract.

If Fang Xing signs, after the contract expires, if he wants to sing the songs produced during the contract, he will have to pay Chaoyin Culture.

When Fang Xing saw this, he didn't want to take another look at the contract and pushed it back: "I won't sign it."

Liu Rongxuan frowned and said: "Fang Xing, the company wants to promote you as a superstar, and by forming a limited group Trident with Wu Junchen and Liu Yichen, it will give you a lot of resources.

"Moreover, the resources promised to you can be written into the contract, including the top domestic music variety shows and top reality shows.

"These are not verbal promises. As long as you agree, I will have them written into the contract immediately."

"Forget it, I don't really want to sign."

After Fang Xing finished speaking, he wanted to get up and leave.

Liu Rongxuan frowned and asked his assistant to take out another contract and said: "Wait a minute, this is the framework of a platinum contract. Except for the share ratio, other terms are the same as the platinum contract.

"This is the company's greatest sincerity. When the king or queen signs a contract, they sign this kind of platinum contract.

"Originally, it was impossible for the company to offer a contract of this level, but I do see great potential in you.

"That's why I asked the big boss of the company to get this contract. Take another look and see if you're satisfied with it."

Fang Xing frowned, he didn't expect that Chaoyin Culture would actually give him a platinum contract.

This exceeded original expectations.

I opened the contract and took a few glances. The terms of the contract are indeed more relaxed than those of the top-tier contract.

There are no longer mandatory requirements for artists to accept jobs.

Moreover, the platinum contract has a guaranteed minimum salary of 500,000 per year.

However, the copyright of the songs produced during the contract period still belongs to Chaoyin Culture.

The contract period is still 10 years.

However, these are only superficial reasons.

Fang Xing doesn’t want to sign with Chaoyin Culture, mainly because it doesn’t agree with their philosophy.

Chaoyin culture has always been about creating idols with your heart and making music with your feet.

The idol groups created by Chaoyin Culture are all aimed at cutting off fans. As for the music, they are all outsourced to the production teams of other companies.

Take SPK, the most popular boy band in Chaoyin culture, for example. After three years of debut, they have only released half an album, and none of their songs are popular.

Therefore, even if the contract is very loose, Fang Xing does not want to sign it.

Fang Xing didn't want to beat around the bush and said straightforwardly: "Forget it. I hope to focus on making music. Chaoyin culture may not be suitable for me."

One of the reasons why Liu Rongxuan can take the second position in Chaoyin culture is that he is very accurate in reading people.

He could tell that Fang Xing was not pulling the strings on purpose, but really thought so.

This is more troublesome.

Liu Rongxuan thought for a while and said: "If you are unwilling to sign a management contract, there will also be problems with the limited group contract. You will not be able to debut as a group. Are you sure you want this?"

That's awesome!

Fang Xing had never thought about taking Wu Junchen and the others to play, so he almost blurted out these words, and quickly laughed and said: "It doesn't matter, it doesn't matter to me whether we are a group or not."

Liu Rongxuan showed a surprised expression. He stared into Fang Xing's eyes and found that the young man in front of him was more difficult to deal with than expected.

At this time.

A director from the program team knocked on the door outside the conference room, then pushed the door open and apologized: "I'm really sorry, the stage budget that Fang Xing applied for needs to be recorded, and Fang Xing needs to sign."

Fang Xing didn't want to waste time with Chaoyin Culture, so he stood up immediately and said, "Okay, I'll sign it now. Is it the expense for the last time I hired the choir to record?"

"Yes." The program director nodded and replied.

Fang Xing pulled her out and walked out of the door. He turned around and said politely: "Mr. Liu, I'm sorry, I have something else to do today. How about we make an appointment another day."

When I went to Feifan Entertainment's Finance Department to sign a contract, I happened to meet Liang Yusong.


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