Chapter 114 The Thank-You Gift Is Too Heavy
"90-100!"
Xia Lili looked up at Lin Hesheng in surprise, wondering if he was crazy.
The contract terms clearly state that the agency will receive 10% of all performance income generated under the contract, while the artist will receive 90%!
The company will also bear all artist operating costs directly related to this contract.
This is a share ratio that even the top stars in the entertainment industry may not be able to get!
Not to mention that Xia Xubai is only a temporary hit and has not yet entered a stable career growth period. This means that Heqi Entertainment has paid all the expenses in the early stage, and it is still unknown when the investment will be recovered.
Moreover, the company not only gets its share, but also bears the expenses related to the artists' performances.
You should know that among the invitations Xia Xubai received from the brokerage companies before, the one with the largest profit-sharing clause was 70% to 30%, and it was an invitation from a small brokerage company.
The well-known large-scale brokerage companies in the industry are simply like dragon-slaying swords, demanding a 50-50 profit split, and the largest concession is 64%.
"Mr. Lin, are you sure the profit sharing ratio is correct?"
Xia Lili still couldn't believe it.
Xia Xubai was also confused when he heard the profit sharing ratio. This was equivalent to the company not making any profit, but still arranging top-level resources for him to operate.
Compared to those blood-sucking and skin-ripping agencies, this is simply heaven!
This is true, we only recover the costs but don’t make any profit.
This is not starting a business, this is doing charity.
I don’t know when the costs can be recovered.
"Of course it's not wrong."
Lin Hesheng smiled calmly, "This is what you two deserve."
"In addition, we will create a personal studio for Mr. Xia Xubai, where he will have great autonomy."
Ming Zhou teased Xia Xubai with a smile: "As an employee of the company, you are not still worried that our company will not make money, right?"
"And I believe in my vision. Even if you only take 10% of the commission, your talent can make our company profitable."
Ming Zhou adjusted his tie and said, "You don't have to worry about the company's reduced profit margins and the resulting savings in operating expenses for Mr. Xia Xubai."
"Mr. Xia Xubai's albums, concerts, commercial activities, etc., we will operate according to the budget of top artists..."
Mingzhou pushed the carefully drawn-up itinerary in front of the siblings. Xia Lili gently stroked the paper with her fingertips, reading it line by line to her brother: "Brother, look—oh no, listen! Music variety shows on the three major platforms, the Lemon Music Festival finale, and... "
Her voice became more and more excited as she spoke, and finally she couldn't help but let out a small cheer.
Xia Xubai tilted his head slightly, a gentle arc appeared on the corner of his lips, and he leaned close to her ear and whispered: "Lili, I found out..."
There was a smile in his voice. "Ever since I moved in with you, I've been like a cheat, always encountering good things that fall from the sky."
"You are the reincarnation of some lucky star."
Xia Lili clutched the contract documents in both hands and nodded blankly, still immersed in great joy and shock: "I've discovered it too. What kind of incredible luck do I have?"
She chuckled and said, "We are brother and sister. I am so lucky, and you will be no worse off. With my protection, it's only a matter of time before you become a global superstar."
Xia Xubai couldn't help laughing, and gently rubbed his sister's hair with his slender fingers: "Mm, it's shining with gold."
He nodded in mock earnestness, "Then how about setting up an altar for our little lucky star? Burn three sticks of incense every day?"
"Yes, yes, yes!" Xia Lili's dimples rippled on her face. "I also want milk tea and chocolate!"
Xia Xubai smiled and nodded: "Okay, just make a wish for whatever you want."
Lin Hesheng looked at this heartwarming scene of Xia Lili and her siblings, and his eyes softened unconsciously. It felt so good to have his family around.
Xia Lili calmed herself down and smiled wryly at Lin Hesheng and Ming Zhou.
"I'm sorry, this is my first time signing this kind of agency contract. I'm new to this world."
Lin Hesheng's slender fingers rested lightly on the edge of the sandalwood table. He looked up at the words, his phoenix eyes filled with a gentle smile: "Miss Xia, I also prepared a thank you gift for you."
Xia Lili put down the agency contract in her hand and suddenly saw another contract underneath it.
The cover reads "Equity Donation Agreement."
Xia Lili:
She flipped open the equity transfer contract and glanced at it, her eyes stopping at "Transferor Lin Hesheng transfers 10% of Heqi Entertainment's shares to transferee Xia Lili."
Xia Lili:!
She suddenly raised her head and saw Lin Hesheng's leisurely posture with his legs elegantly crossed.
A piece of the man's snow-white shirt was exposed at the cuffs of his suit, and the platinum cufflinks on his wrists shone softly under the light. When he saw her looking at him, he just nodded slightly with a perfect smile on his lips.
"What does this share transfer contract mean? Is it just giving me 10% of Heqi Entertainment's shares?"
Lin Hesheng tapped the table with his bony fingers. "It's exactly what it says. I'm giving you 10% of the company's shares as a token of my gratitude for saving Mianmian's life."
A little thought?
Billions of thoughts!
Although Heqi Entertainment has signed few artists, it invests in and co-produces film and television. This year's three hit dramas were all invested by Heqi Entertainment.
Not to mention a series of businesses such as copyright operation and capital operation. In addition, Lin Hecheng and Chen Zhou have very good vision, high return on investment, and terrifying ability to make money.
Xia Lili will be able to receive dividends of tens of millions this year.
Lin Hesheng looked at the stunned Xia Lili and smiled gently, "If you think there's no problem, let's sign the contract."
Xia Lili quietly pinched her own arm, then pinched Xia Xubai's arm.
She was afraid that the brother and sister were dreaming. "Mr. Lin, Mr. Ming, I'll send the contract to Lawyer Duan, who is in charge of our copyright business."
Lin Hesheng made a gesture of invitation, still elegant and dignified: "It's all at your discretion."
Xia Lili sent the contract to Lawyer Duan for review.
About 20 minutes later, Lawyer Duan called.
Lawyer Duan's tone was filled with disbelief: "Ms. Xia, these two contracts between you and your brother are formal contracts. Have you already negotiated the terms?"
“Are you sure there is no typo?”
"You and your brother probably saved Lin Hesheng's life!"
Xia Lili scratched her head and said, "That's about the same."
Lawyer Duan, who was always calm and composed, stuttered a little. "I've read the contract. It's fine. It's very beneficial to our side. You should sign it while the iron is hot, otherwise Lin Hesheng will regret it later."
Xia Lili glanced across at the other side and said, "Lin Hesheng won't regret it."
Lawyer Duan said excitedly, "Given the prosperity of Heqi Entertainment this year, it won't be a problem for you to get a dividend of 10 million or 20 million this year."
"If you have any legal business in the future, please come to me. I am also very familiar with corporate law! I won't charge you for reviewing the contract this time!"
Xia Lili couldn't help laughing: "Okay, thank you, Lawyer Duan."
After hanging up the phone, she nudged Xia Xubai's arm with her elbow and asked, "Brother, are you going to sign the contract now?"
Continue read on readnovelmtl.com