I Rely on Opening an Idol Company to Dominate the Entertainment Industry

Arriving in a parallel world where idols are in decline,

With no connections, no resources, and not much capital,

Want to open an entertainment company and create idol stars?

It a...

Chapter 24

Yuexiang Entertainment could easily refute the four alleged crimes by presenting evidence such as the teenagers' schedules, supplementary class records, video time allocations, and resource assessment documents. For Yuexiang Entertainment, these four alleged crimes were merely a minor source of psychological discomfort; they were unlikely to legally impact the decision on breach of contract or compensation.

This also shows that the other lawyers and companies really cannot find any handles or problems with Yuexiang Entertainment in other aspects.

Indeed, Tiancheng Entertainment successfully captivated the two trainees and their families by promising Man Jie and Zhu Zhuo several film roles a year, starring roles in TV series, advertising endorsements, and appearances on national variety shows. Unfortunately, they initially managed to contact the parents of four trainees, who were initially swayed by the resources offered. Ultimately, however, only these two parents confirmed their intention to switch.

However, these two are still among the least popular among the eight trainees.

Fortunately, the popularity gap among the eight members isn't particularly large. Even Man Jie and Zhu Zhuo, who are less popular, now boast fan bases and popularity comparable to top-tier artists. Skycity Entertainment could easily package these two together and debut as a separate idol group, and their influence would certainly be formidable.

It is even possible, with the popularity and number of fans of these two, to bring along several young artists from other companies who have not yet debuted.

After the two parties signed the letter of intent privately, Tiancheng Entertainment Company also obtained the contract that the two had originally signed with Yuexiang Entertainment from them for research, intending to reap the fruits of their labor from this newly established new company.

However, what surprised Tiancheng Entertainment immensely was that this newly established company, with no backing or industry experience, had come up with incredibly comprehensive artist contracts in its early days. In fact, they were even better than the contracts Tiancheng Entertainment had drafted themselves...

Not only could the lawyers they hired find no problems with the contract, they even proposed further amendments to Tiancheng's existing artist contracts based on their version...

They had never expected that they would be unable to find fault with the artist contracts that had been so successful against new companies. They were no longer able to control the company on the legal grounds, which put Tiancheng Entertainment in a somewhat awkward position.

Because Yuexiang Entertainment's compensation for trainee termination and non-compete clauses is very high, if normal legal procedures were to be followed, it would likely result in over 100 million yuan in compensation. This has also led to discussions within Tiancheng Entertainment about whether to reconsider poaching these two trainees.

After all, the non-compete compensation is too high.

However, considering the popularity of these two, these eight young men have completely occupied the forefront of the current entertainment industry idol artists, leaving no room for other idol groups. Their company has successfully won two of them, so are they just going to give up like that?

I really can't accept it!

Yuexiang Entertainment's variety show success, business partnerships, and growing merchandise sales have made countless entertainment companies jealous. Tiancheng Entertainment only considered the steady stream of revenue from poaching these two individuals, compared to the profits they'd previously earned from successfully poaching talent from other entertainment companies. After much internal debate, they finally decided to acquire these two individuals.

Since they cannot find too many loopholes in the law, they can only reduce costs in other non-legal ways, such as using public opinion and the moment when Yuexiang Entertainment is about to promote its members to debut to restrain them and force Yuexiang Entertainment to suffer some losses.

Therefore, the two Tiancheng Entertainment staff members employed a psychological warfare strategy from the outset, constantly using various words and methods to disrupt the mentality of Yuexiang Entertainment's senior management. They repeatedly emphasized that the trainees were minors, and their parents had no legal knowledge or industry common sense. A small company like Yuexiang Entertainment, with limited resources, simply could not afford to impose such long contract terms and such high liquidated damages. If the outside world knew that Yuexiang Entertainment was such a deceptive company, suppressing two trainees and exploiting and stealing their value, it would be detrimental to the company's reputation and the other six trainees.

These illogical words once again succeeded in making the staff of Yuexiang Entertainment mad.

During the second negotiation, Skycity Entertainment staff stated that they were willing to cover the liquidated damages for the two trainees, but it would definitely not be the current amount. The company had not yet determined the specific amount Skycity would accept, and further estimates, negotiations, and consultations with leadership were needed until the two companies reached an agreement.

Before this, trainees Man Jie and Zhu Zhuo will not participate in any activities of Yuexiang Entertainment and will also move out of the company dormitory.

Many staff members at Yuexiang Entertainment were shocked by the other party's shamelessness and had a vague feeling that Tiancheng Company was not in a hurry to poach the two trainees immediately to make money for them. Instead, they seemed to be willing to slowly work with them.

Privately, they even asked someone to convey Tiancheng Entertainment's intentions directly.

Tiancheng Entertainment knew about Yuexiang Entertainment's debut plan and had completed all the preliminary work. They were just holding them back and using this as a threat.

If Yuexiang Entertainment continues to negotiate a high penalty, not only will all the promotional materials they've prepared become unusable, but many previously signed commercial partnerships may also be significantly impacted, and Yuexiang Entertainment may even have to pay a significant amount of liquidated damages. This will also inevitably affect their company's most important debut plans.

At present, there are only eight famous artists under Yuexiang Entertainment. Once Tiancheng starts a public opinion war with them and releases some malicious press releases, saying that Yuexiang Entertainment relies on deceiving these amateurs who have no understanding of the entertainment industry to sign black-hearted and sweat-and-earth contracts, and then desperately makes them promote and perform on the stage to make money after they become famous, in fact, it will not be able to provide the trainees with better resources in the future.

They can even fabricate some false news about exclusion and bullying to incite fans to fight against them, which will definitely cause a lot of trouble to Yuexiang Entertainment Company, and the other six trainees will inevitably be affected by various public opinions.

Yuexiang Entertainment's foundation was shaky, and it couldn't match the established channels of influence of established entertainment companies like Tiancheng, which already had stable connections and platforms. On a completely different note, it would have been more cost-effective to yield and hand the two trainees over directly to Tiancheng, collect a modest compensation, and issue a peaceful termination statement to Manjie and Zhu Zhuo.

Therefore, Tiancheng's plan is to let Yuexiang Entertainment Company understand the consequences of slowly negotiating with them over the termination compensation. It would be better for them to make concessions quickly and significantly reduce the amount of liquidated damages, or even let them get two artists for free.

Between losing and losing more, Yuexiang Entertainment can only choose to lose unless you are a fool.

I heard that the middleman who contacted them privately kept telling Yuexiang Entertainment that Tiancheng had deep and long-standing connections in major entertainment newspapers and TV stations. If Yuexiang Entertainment confronted Tiancheng head-on, it would only bring disaster upon itself. It would be better to take a step back and consider it a lesson learned.

Resolving this matter peacefully will benefit both parties.

After two rounds of contacts, the negotiations seemed to have reached a deadlock.

Back in the conference room of Yuexiang Entertainment, the representative from Tiancheng Entertainment crossed his legs, clearly displaying his disdain for a small company they believed had simply relied on luck to become successful. "We're all in the same industry, and everyone suffered a little when they first started out. Suffering is a blessing. Besides, maybe there'll be an opportunity for our two companies to collaborate in the future. Isn't that right?"

Looking at the young woman in front of him who was not even thirty years old, the person in charge felt from the bottom of his heart that she was just lucky to have produced these trainees.

How could a young girl like this, who was just a little clever and pretty at best, possibly compete with Tiancheng Entertainment?

Su Yin sat in the center seat across from him, amused by his self-righteous expression. Too lazy to argue with him, she spun around in her swivel chair and said to her staff, "Have you finished all the things I asked you to sort out these past few days?"

The person in charge of Tiancheng Entertainment was stunned by Su Yin's action. After coming to his senses, he felt that the other party was just bluffing and trying to change the subject. He just watched coldly to see what she was trying to reveal.

The staff member in question immediately replied to Su Yin, "Almost. We've got all the company's training and living expenses and plans since they joined the company. In recent months, we've got Man Jie and Zhu Zhuo's daily schedules, class hours, supplementary classes, and transcripts from school. We've also tallied up their camera time in "Yu-Gi-Oh!" and "Peach Blossom Spring Chronicles." We also have some behind-the-scenes footage from training and unused dorm life footage. There's so much material about how we treat our trainees that we might not be able to choose which to release all at once. Resource assessments and other details involve trade secrets, so they may only be submitted to the court and cannot be freely released..."

As the staff member reported slowly, the faces of several Tiancheng staff members instantly turned gloomy.

Yuexiang Entertainment did not just give a verbal report. Two other staff members came in with a stack of materials, placed them on the conference table, and projected some organized, publicly available information directly onto the screen in the middle of the conference room to share with the people from Tiancheng Entertainment so that they could see it more clearly.

Su Yin turned around and saw that the faces of the people who had been bullying others just now were no longer the same.

His eyes were sharp, and the smile on his lips was also sharp and aggressive: "We have already prepared responses to the four sins you mentioned last time."

Then, she said firmly to the people opposite her, "Liquidated damages, not even a penny less!"

The person in charge of negotiations at Tiancheng Entertainment Company slammed the table on the spot, stood up suddenly and looked at Su Yin with a ruthless tone: "Are you going to insist on going against us? Then you don't have a good idea." Then, he directly signaled the lawyer and another staff member to leave Yuexiang Entertainment Company.

Before I even reached the door, I heard the woman's unhurried voice behind me again: "If Tiancheng can't reach an agreement with us on liquidated damages this week, our company will directly sue Manjie and Zhu Zhuo, and upload all the evidence and materials I just showed you to the public online and submit them to the court. At the same time, our company is considering compiling some of the videos and audio recordings of our interactions during this period into a complete video for public display."

"I believe that all the major entertainment reporters and fans will make the news of Man Jie and Zhu Zhuo's breach of contract and job-hopping a hot topic across the internet and all media."

Several people turned around in disbelief. Is this woman crazy?

Then he looked at the woman without any emotion and said, "You can try to wage a war of public opinion and see whether we destroy Man Jie and Zhu Zhuo first, or you destroy my company first. See how much value these greedy, untrustworthy, and traitors can bring to you."

"Even if it means destroying two trainees, we will do everything we can to make your 'kindness' come true——"

"Return everything!"