Chapter 176 Lin Fan is solely responsible for Xia Wanqiu's endorsements!
Yuehua Group.
Senior management is having a meeting.
Mr. Li sat there, helpless.
"Legend of Sword and Fairy" is indeed a hit, but it will take a long time for the funds to come back.
There is a very important factor for entertainment companies to make money.
That is, these entertainment companies make money from their artists.
If this were not the case, entertainment companies would not vigorously cultivate their stars.
And Xia Wanqiu is an artist from Yuehua Group.
Xia Wanqiu is also the number one female of Yuehua Group, and her popularity and popularity remain high.
If Yuehua Group wants to develop, it needs money.
Due to the filming of Legend of Sword and Fairy, no investor was willing to invest.
Therefore, the TV series Legend of Sword and Fairy is jointly invested by Yuehua Group and Lin Fan.
The TV series was indeed successful.
But Yuehua Group has not made back its money yet.
The company also needs funds to operate.
Once a celebrity becomes popular, such as some girl groups, once they become popular, there will be announcements all over the sky to participate in various programs, and they can earn a lot of money.
The company can divide this part of the money, deduct it from the company first, and then distribute it to the stars.
The approximate ratio is that the company may take about 2-3%. If it is a more sinister company, it may take 7-8%.
Yuehua Group, the company will take away 20% of the money earned by the artist, such as endorsement fees and profits.
Because Yuehua Group requires a lot of costs to cultivate an artist, it is natural that it can get some profits.
"Legend of Sword and Fairy" is a hit, starring Lin Fan, Xia Wanqiu, Su Xiaoyu, Xu Yang, Lin Jingjing.
There are several actors who are not as popular as these five people.
Among them, Xia Wanqiu and Amelia Su are the most popular, and Lin Fan's popularity has also increased a lot. Xu Yang is also the number one male lead in Yuehua, and his popularity is not low, but because he is not the protagonist, he is equivalent to a supporting role, and he is also in a supporting role with Lin Fan.
Nothing compares.
Lin Jingjing has good acting skills, but what she is really good at is singing. She is a singer and many fans like her singing.
After the TV series becomes popular, any entertainment company should be able to recoup its costs and make more money.
The only exception is Yuehua Group.
The reason is simple.
Lin Fan, as the leading actor, refused all endorsements.
Originally, Lin Fan was not an artist of Yuehua, let alone a gold screenwriter of Yuehua. He was just a nominal screenwriter of Yuehua, and Yuehua Group also wanted to give Lin Fan a large signing bonus.
If Lin Fan does not accept endorsements, the company will lose a lot of income.
Amelia Su, as one of the big female celebrities, is not short of money, so she does not accept any endorsements, and the company cannot do anything to Amelia Su.
Xia Wanqiu would have received a lot of endorsements, and she was one of the company's important sources of income.
However, after Lin Fan came forward, Xia Wanqiu rejected more than 20 endorsement offers.
The total endorsement fees of more than 20 people are at least 30 million!
All the 30 million funds were wasted.
Only Lin Jingjing and Xu Yang have accepted some endorsements, but not many people want their endorsements.
Now at Yuehua Group, it can be said that except for Mr. Li who is supporting Lin Fan and Xia Wanqiu, other senior members of the board of directors have some opinions.
"Mr. Li, the company supports so many artists and gives them resources, not just to let them sit there. Looking at the big stars in the entertainment industry, how many artists don't accept any endorsements?"
"The popularity of "Legend of Sword and Fairy" is inseparable from Lin Fan. I agree with this, but Lin Fan helped Xia Wanqiu refuse endorsements from more than 20 companies, causing the company to lose more than 30 million yuan. What should we do with this loss?
?Who will make up for the company’s lack of funds?”
"Mr. Li, I think we should have a good talk with Xia Wanqiu and Lin Fan. If you want to gain a foothold in the entertainment industry, you must learn to accept certain things. How can there be people who can't get along with money?"
Each shareholder spoke up, and of course they were a little dissatisfied.
After all, they opened a company just to make money.
Nowadays, TV series are popular, but they are not making any money. Who wouldn’t be angry about this situation?
The two major female stars of the company do not go out to accept endorsements, and the company also spends a lot of operating costs to help Xia Wanqiu and Amelia Su operate.
These shareholders can be said to be suffering unspeakably.
This is also the reason why entertainment companies generally do not allow scandals to spread among their female artists.
Once a scandal spreads, it will have an impact on the future of the female artist and the company's money.
Seeing the indignation of so many shareholders, Mr. Li also sighed.
In fact, Mr. Li is also under tremendous pressure.
Everything a company does requires money.
Mr. Li also knows what kind of person Lin Fan is.
Can the company force Xia Wanqiu and Amelia Su to accept endorsements?
If forced to do so, Lin Fan could build his own entertainment company.
With Lin Fan's ability, I don't know how many popular TV series he can create and how many classic scripts he can write.
"Mr. Li, although Xia Wanqiu's popularity has increased a lot, she still has to accept the endorsements she deserves."
"Lin Fan has always said that he would help Xia Wanqiu find a new endorsement company, but I'm afraid he can't find one. He has rejected so many endorsement companies, what other endorsement company can he find?" several shareholders said.
Mr. Li looked at everyone and said: "Okay, we are meeting here today. I just want you to know how important Lin Fan is to the company. Xia Wanqiu and Amelia Su also have backgrounds that are not ordinary like ours."
People can afford it."
"You can only trust Lin Fan when it comes to endorsements. I have also given the power of Xia Wanqiu's endorsement to Lin Fan. Lin Fan can completely decide what endorsement Xia Wanqiu chooses."
"If you continue talking today, what I want to tell you is that I hope you can understand how deep Lin Fan's background is."
"Lin Fan is the major shareholder of a five-star hotel, and also owns a multi-billion-dollar technology building. Behind Lin Fan's worth is immeasurable."
"I'll put my words here."
"If any of you dare to force Xia Wanqiu, Amelia Su, or anyone to accept endorsements."
"I can guarantee that after their contract period ends, our Yuehua Group will lose two big female stars, a talented screenwriter, and a talented director."
"It doesn't matter if you have less money. The most important thing is to win over Lin Fan and Xia Wanqiu instead of worrying about money."
"You need to know who Lin Fan is. Lin Fan is a master screenwriter and director. He also has superb acting skills. The strength behind him is far beyond all of our imaginations."
"Do you think that such a person will help Xia Wanqiu find an endorsement?"
"With Lin Fan here, no one needs to worry about Xia Wanqiu."
"I don't want to repeat what I said a second time."
"Lin Fan is solely responsible for all the company's endorsements regarding Xia Wanqiu!"
