Entertainment: Little ancestor, you really killed my sister

“I know that Sister Du Hua is reluctant to let go of Cheng Xiao, Wu Xuanyi and the others. If it were me, I would be reluctant too.

Fang Yuan negotiated patiently:”So Sister Du Hua, feel free to ask for any conditions. We are willing to compensate Yuehua for its losses.”

Fan Bingbing agreed:”Yes, Mr. Du, we are all in the same industry and understand how difficult it is to train artists. How much liquidated damages does Yuehua need? Just name your price.”

Du Hua turned around and glanced at Cheng Xiao, Wu Xuanyi and other artists standing behind him,”You five are determined to go to Huamei, right?”

Emmm…

The five people looked at each other.

Wu Xuanyi nodded awkwardly first.

Naixiao lowered his head and hummed.

The other three all agreed

“Alas!”

Du Hua shook his head and sighed:”Forget it, since your hearts are no longer in Yuehua, it’s useless for me to force you to stay.”

“Mr. Fang, Mr. Fan, you can let me release him, but I have two conditions.”

Du Hua looked at Fang Yuan and Mr. Fan.

Mr. Fan was delighted:”Mr. Du, please speak.”

“1: The penalty for breach of contract should be paid as usual. After all, the company has spent a lot of money to train them.”

Du Hua paused and said,”But don’t worry, Mr. Fang and Mr. Fan, Yuehua will not ask you for any more penalty for breach of contract.”

“The company has calculated that Cheng Xiao’s liquidated damages are 8 million, Wu Xuanyi’s are 7 million, and the total for the five artists is 26 million.”

“Through your Huamei’s”Produce 101″ platform, Cheng Xiao and Wu Xuanyi have become famous. This amount of liquidated damages is not much, right?”

Du Hua did not ask for more.

Fang Yuan gave Du Hua a thumbs up:”Sister Du Hua is open-minded!”

26 million is a small amount of money for Huamei.

But Nai Xiao, Wu Xuanyi and others were shocked after hearing it.

They are indeed famous now.

But they haven’t made a lot of money.

They just debuted.

What kind of income can they have?

A few million is a huge sum of money for them.

“We agreed to the first condition, Huamei will pay the penalty for them, what about the second one?”

Hearing Fang Yuan agree to pay the penalty without hesitation,

Nai Xiao, Wu Xuanyi and other artists were immediately moved.

“The second condition is: Please allow me to invest in Huamei.”

Du Hua was unwilling to lead Yuehua to merge with Huamei, but wanted to take off by clinging to its thigh.

“Haha~”

Fang Yuan had long guessed that Du Hua’s second condition was to invest in Huamei.

Just like Wu Qilong yesterday.

They all wanted to eat meat with Huamei.

Eating meat is not allowed.

At most, you can only drink soup.

Fang Yuan gave Fan Ye a look.

Fan Ye understood what he meant:”Mr. Du may not know that our Huamei shareholders are not open to the outside world.

Only Huamei’s internal personnel are eligible to invest in Huamei. This is stipulated in the company’s shareholder charter, and the purpose is to protect the interests of internal shareholders.”

“Huh? ?”

Du Hua was disappointed.

Fang Yuan comforted him,”It doesn’t matter if you can’t be a shareholder of Huamei. We at Huamei are going to produce two new variety shows this year, one of which is a girl group growth show.”

“The type of program is different from”Produce 101″. It mainly focuses on female artists over 30 years old. Your Yuehua is good at training girl groups. If Du Hua is interested, she can participate in the investment and production.”

“If Du Hua has time, she can also participate in the variety show as the manager of the female group, responsible for commenting and guiding, you can think of it as a judge.

Fang Yuan remembered that the manager of the female group of”Sister Riding the Wind and Waves” in his previous life was Du Hua. There was also a general consultant for the female group.

It was Huo Wenxi, the director of the artist management department of Xiangjiang Yingwang Entertainment.

“Oh? Mr. Fang is going to produce a new variety show again? ?”

Du Hua heard that Huamei has earned more than 1.2 billion yuan from the two variety shows”Produce 101″ and”Idol Producer”.

This result is quite terrifying.

Du Hua couldn’t resist the temptation, so he immediately replied:”Okay! Thank you Mr. Fang for the opportunity!”

“So, Sister Du Hua agreed to release the person?”

“One last request. For the second season of Produce 101 and Idol Producer, please let Yuehua participate in the investment and production.”

“Haha, sister Du Hua is really greedy~”

“There’s nothing we can do about it. Mr. Fang is so good at making money. Who wouldn’t want to benefit from him?”

“OK, I agree”

“Really? ? Mr. Fang is so straightforward! I admire him!”

“Deal made?”

“”Deal!” (To read exciting novels, go to Faloo Novel Network!)

Du Hua excitedly shook hands with Fang Yuan.

Although Fang Yuan agreed to let Yuehua participate in the investment and production, he would not let Yuehua invest too much.

He knew that”Sisters Riding the Wind and Waves” would be a big hit.

If he gave a lot of cake to others, it would be stupid.

At most, Yuehua would get a share of the profits. Just make tens of millions.

The main purpose was to poach Naixiao and Wu Xuanyi.

These two people will bring hundreds of millions of profits to Huamei in the future.

Seeing that Fang Yuan paid such a high price to poach them,

Naixiao, Wu Xuanyi and other artists felt sad. They secretly vowed to follow Fang Yuan wholeheartedly in the future.

Fang Yuan had won their hearts invisibly.

The negotiations were successful.

The two parties drafted a letter of intent for cooperation.

Fan Bingbing contacted the finance department to pay a penalty of 26 million.

Yuehua terminated the contract with Naixiao, Wu Xuanyi and other five artists.

The five artists signed the Huamei agency contract seamlessly.

The agency contract given to them by Huamei was a 40% to 60% split.[]

The artist gets 60% and the company gets 40%. Their agency contract with Yuehua is 2:80.

The artist gets 20% and the company gets 80%.

The artist share ratio of idol-type entertainment companies is very low.

Only when they become famous can it be increased to 50:50.

When signing the contract, all five people’s eyes were red.

The term of Huamei’s agency contract is three, five, seven years… the longest is fifteen years. The length of the contract is entirely voluntary.

The company does not force it.

Naixiao directly signed for fifteen years.

After seeing this, Wu Xuanyi and others all followed suit and signed for the longest term of 387

“Mr. Fang… Thank you……”

After signing, Wu Xuanyi hugged Fang Yuan:”We are just fledgling artists… You actually paid such a high price for us… and gave us 60% of the profit………”

“What the hell are you doing?”

Fang Yuan hugged Wu Xuanyi with his left hand and Nai Xiao with his right hand, rubbing their heads.

“You think too much. I signed you because I hope you can make money for Huamei. You are my cash cow.”

“You will be very busy next. I wrote an album for you Rocket Girls, you have to release it”

“On the Lantern Festival, you Rocket Girls will perform on Mango TV”

“Then you will start the national tour. You will be very busy this year.”

“If you don’t scold me then, I’ll be very lucky.”

Ha~

The two burst into laughter.

Wu Xuanyi:”Boss… You are obviously good to us… but you say that you are so bad… Really… We are not fools.……”

Nai Xiao:”Boss, I won’t scold you… I love music… I love dancing… I love the stage… I like a fulfilling life.……”

“Two idiots~”

Fang Yuan hugged them and said:”Let’s go, let’s go back to the courtyard, let’s get together tonight, and we will go our separate ways tomorrow~”

Alas…

Liu Yifei, Liu Shishi, Ni Ni, Reba, Nazha, Zhang Bichen and others were sad.

Fan Bingbing was in a very sad mood.