Chapter 131 Okay, it's finally my turn to trick you
Normally, agencies would prefer the agency contract to be as long as possible, because they need to spend a lot of time and money on artists to cultivate their business capabilities, increase their popularity and commercial value.
These are long-term investments. If the contract period is too short, it is very likely that the artist who has been trained at great expense will find that his contract expires just when he has started to show some signs of success, and then he will be poached by other companies at high prices.
After all, the agency is not there to do charity. In order to bind as many artists as possible, enjoy the benefits brought by the artists, reduce risks and compensate for costs, the longer the contract period, the better.
Moreover, a longer contract term means that the agency has greater control over the artist.
On the contrary, most artists would prefer a shorter agency contract. Otherwise, it would be too miserable to hand over their fate to a company and be shelved for their entire acting career if they are disobedient.
A short contract term means that the artist has the qualifications to fall out with the agency.
As artists become more and more popular, the role of agents becomes less and less important - because the main role of agents is to find jobs for artists through their own connections and resources, so when the artists gradually develop and possess these resources, the importance of agents becomes less and less important.
Therefore, the agency contract should use as high a penalty as possible and a long term to keep new artists in the company.
Basically, anyone who works in the entertainment industry knows this common sense.
But the contract in front of Guan Yunpeng was not the case.
"Three, three years?!" Guan Yunpeng raised his head in disbelief and looked at Yang Ruoqian, "Boss Yang, are you sure about the contract period? Is it okay?"
Logically speaking, an artist like him who almost had to be trained from scratch should have a contract of at least ten years.
What can you do in three years? All the money, resources and time are invested, and the artist has just grown up and has not yet brought any profit to the company before the contract expires!
Whether the contract is renewed or not depends entirely on whether the artist is willing.
Even if the contract is renewed, the commission item in the contract will definitely not be based on the previous figures.
So… what does Mr. Yang mean by this three-year contract? And the guaranteed income on this brokerage contract is not low, a full 30,000 after-tax salary per month! Yang Ruoqian glanced at the contract and shook his head, "No problem, in Kuiguang Group, the brokerage contract is signed for three years."
A three-year contract is definitely the best way to avoid the risk of profit! If Guan Yunpeng has a one in ten thousand chance of becoming popular due to various reasons, it will definitely become a lingering profit cancer for the company.
As long as the contract is short, once the term is up, Guan Yunpeng will be poached by other brokerage companies with higher salaries to help Kuiguang Company get rid of this cancer.
And if Guan Yunpeng does not become as popular as he expected, no other company will come to poach him, and it will be easy to renew his contract at that time.
In short, a three-year contract has many benefits and no disadvantages.
If the contract lasts for a long time, Guan Yunpeng makes money, but has to stay in the company because of the contract, Yang Ruoqian won't know who to cry to.
However, Guan Yunpeng didn't know what Yang Ruoqian was thinking. He felt trusted and said, "Boss Yang, don't worry. I will definitely not leave the company!"
Watching Guan Yunpeng sign the contract, Yang Ruoqian nodded and said, "Our partners will come to the company to sign the final contract with us later. You should prepare well."
…
Chengyu Media, an elite team of eight people are heading to Shengjing Mansion together.
Sitting on the left side of the back row, Cheng Fei placed her laptop on the small table and browsed the latest news and information.
[A streamer from Yuefu Guild exposed the evidence of illegal recruitment of underage streamers within the guild. Now the relevant departments have intervened in the investigation! ]
[An actor from Yuefu Entertainment revealed a shocking scandal! ]
[Yuefu Group’s stock price plummets! ]
Most of the hot searches during this period seem to be inseparable from the two words "Yuefu".
"Yan Guang's influence alone would not allow things to continue to ferment for so long." Cheng Fei thought as she clicked on the comments section of the headlines, "There are other companies behind the scenes fanning the flames... However, Yue Mansion itself is not clean either."
There is no smoke without fire. If Yuefu didn't really have so many problems, the hostile company would not be able to discredit it even if they wanted to.
The comment section was also filled with curses, and there were not even a few people trying to whitewash the comments.
Because the speed at which the whitewashing internet army posts comments is not as fast as the speed of online abuse.
"This company is pure hype. I can only say good riddance."
"Yuefu's butt is crooked, understand what I mean?"
"Close down now!"
"The anchor I'm a fan of was cheated by this company. Now they have directly announced that they will stop broadcasting permanently. I am dumbfounded."
“I suggest that anyone who wants to enter the live broadcast and entertainment industry avoid this company.”
"Many people see the high benefits in big companies and won't listen to advice. They won't turn back until they hit the wall."
“…”
After reading these comments, Cheng Fei closed the webpage and rubbed his forehead.
This Mr. Yang is quite amazing...
He knows how to take advantage of conflicts between giants, and then seize the brief window of opportunity when the Yue family is in a state of panic, and rush into the entertainment industry to quickly fill the gap in the market.
He also took the opportunity to create momentum for his own company.
Good means.
However, who could have thought that such a boss would send them a terrible script that shocked the entire company - even worse than what they had discussed in the cafe before.
Cheng Fei had a headache and glanced at the depressing atmosphere in the car.
Logically speaking, on one side of the cooperation is Chengyu Media, which has strong financial resources, is ambitious to enter the entertainment industry, and has all top-notch personnel; on the other side is an agency that has many elites and can still rise strongly under the suppression of old companies.
With two powerful forces joining forces, everyone’s spirits should be very high.
But in the car, the screenwriter and director hired by Cheng Fei at a high price each held a pad in their hands, looked worried, and looked at each other from time to time.
"Boss Cheng, are you really not going to give it another thought?" The screenwriter looked at the toilet paper in his hand that was about to be adapted into a script... a novel, and couldn't help but say, "Based on my many years of experience as a screenwriter, if this script is adapted into a web series, it will basically not make much of a splash."
The director also echoed, "Boss Cheng...Excuse me for being blunt, if it were someone else, I would not film this script no matter how much money they offered."
If this thing is filmed, it will ruin your reputation.
Although he is not a particularly big-name director, he has made several small hits, has rich experience, and has good reputation, fame and ratings.
Cheng Fei had also seen this plot. To be honest, at that moment, she had the urge to end her cooperation with Yang Ruoqian.
However, Yang Ruoqian's assurance restored her some confidence - at least, she had no risk of losing money.
"So, you think Yang Ruoqian is a fool who only wants to lose money, right?" Cheng Fei played with the pen in her hand. "If an online drama really loses money, it will be a huge bottomless pit. He promised that if the drama loses money, Kuiguang Company will bear all the losses."
The director still had doubts: "But what if he sees the red ink on the bill and simply declares the company bankrupt?"
Mr. Yang's personal debt is very healthy. Even if the company goes bankrupt, it will not affect him at all.
When the online drama collapses, he will just run away and everyone will be left watching.
"Kuiguang Company is not a shell company. It has huge assets and stable income." Cheng Fei shook her head. "Besides, why would he do this? Their company is doing well and has strong earning power. There is no need for them to run away just to defraud an investment."
The screenwriter added: "But we can't rule out the possibility that Yang Ruoqian made a mistake in judgment."
Cheng Fei looked up at the Shengjing Haoyuan Building in front of her and said, "We have already arrived at Kuiguang Company. Can't you make your own judgment then? Anyway, we won't lose money."
After talking to this point, the members of the elite team finally stopped talking.
The car stopped at the entrance of the building, Cheng Fei got out first, followed by others. After registering at the front desk, they took the elevator to the 24th floor.
Two receptionists in professional attire were already waiting for them at the elevator door.
"Welcome everyone from Chengyu Group. Our leaders are waiting for you in the conference room. President Yang will be here soon!" They said with a smile and a respectful tone.
When they arrived at the company and saw the working environment in Kuiguang Group that was beyond the normal range, they all showed surprise, just like all the other newcomers.
It’s a fixed procedure and you have to go through it all.
However, the most astonished person at this moment was not the eight people from Chengyu Group, but Shao Yiqi who was smiling and talking in the office area.
He was originally proudly talking to Weng Ziqin about how he planned to optimize Gao Naiyun's business, but when he suddenly heard the words "Chengyu Group", his face changed.
The company run by Shao Yiqi's father and Cheng Fei's father have some overlap in business...
The two companies are of similar size and are in a competitive relationship.
Moreover, Shao Yiqi and Cheng Fei could barely be considered peers - Cheng Fei was only three years older than him.
So naturally, in the ears of the slacking Shao Yiqi, Wang Chengfei became "the kid next door".
Whenever there was a business dinner, the successors of both companies would attend, and Shao Yiqi would always be dragged out and criticized.
With a swish, Shao Yiqi lowered his head.
He didn't want to see this person.
Unfortunately, Cheng Fei happened to see Shao Yiqi, and was really surprised: "Shao Yiqi, you are here too?"
At this moment, Yang Ruoqian also received a notification from the front desk. He walked out of the office and happened to see this scene.
Although Yang Ruoqian didn't understand what was going on for the time being, the extremely uncomfortable expression on Shao Yiqi's face was extremely rare!
Suddenly, a plan of revenge arose in Yang Ruoqian's mind.
Shao Yiqi, you have stabbed me in the back three times, causing me to lose millions of dollars. This time it is my turn to cheat you...
(End of this chapter)
Continue read on readnovelmtl.com