Chinese entertainment: What's wrong with actresses wanting to improve?

Chapter 297 Studio Plan

Fu Yibai looked at Lin Wei.

"At the artist level."

His tone softened somewhat.

"The company's current artists and the several directors it has signed should all share in the benefits of the company's growth."

Lin Wei opened her notebook, waiting for him to continue.

"Currently, there are two types of contracts for the company's artists."

Fu Yibai leaned back in his chair, his gaze fixed on Lin Wei's face.

One model is the studio affiliation model used by Fan Binbin and Hu Jing.

They signed contracts with Chenxi under the name of their own studios. Chenxi provided resources and a platform, while the studios had greater autonomy, independent financial accounting, and revenue sharing according to an agreed-upon ratio.

"Another type is the individual management contract of other artists."

Artists sign contracts directly with Chenxi, which handles all management affairs, and the income is split according to a fixed percentage.

This model is reasonable in the early stages of a company's development, because artists need to leverage the company's platform and resources to grow.

Lin Wei nodded; of course she knew all of this.

"But things have changed now."

Fu Yibai's voice wasn't loud, but everyone in the conference room could hear it clearly.

Fan Binbin has been ranked among the top two on the Forbes China Celebrity List for three consecutive years, while Hu Jing, Tang Yan, Yang Mi, Qin Lan, Wang Ou, and Zeng Li have also joined the ranks of first-tier celebrities.

Huang Bo won the Golden Horse Award for Best Actor. Although Deng Chao, Wang Baoqiang, and Lei Jiayin did not win Best Actor awards, they have achieved remarkable success in film, television, and variety shows.

New generation artists like Chen Xiao and Shu Chang are also rapidly rising to prominence.

In addition, there are directors Ning Hao, Lu Yang, Zheng Xiaolong, and Lin Yufen.

"These people are the most valuable assets of Dawn."

The value they created far exceeded the profit-sharing ratio agreed upon when the contract was signed.

Continuing with the existing individual brokerage contract model would be unfair to them and detrimental to the company.

Lin Wei put down her pen and looked up.

"Mr. Fu, you mean...?"

"The contract model needs to be upgraded."

Fu Yibai opened the notebook, which was filled with dense writing.

"The affiliation model between Fan Binbin and Hu Jing's studios has been running smoothly for the past few years."

They signed contracts with the company under the name of personal studios. The company provided resources and a platform, while the studios had greater autonomy. The profits were split between the two parties according to the agreed ratio.

This model ensures both the company's profits and provides artists with sufficient respect and room for development.

He looked up and his gaze fell on Lin Wei's face.

"Now, it's time to extend this model to other core artists."

There was a moment of silence in the conference room, followed by a low murmur of discussion.

Fu Yibai and the others calmed down before continuing to speak.

"President Lin, you will take the lead on this matter. Notify all first-tier and above artists, as well as the personal agency contracts or director contracts of the four directors Ning Hao, Lu Yang, Zheng Xiaolong, and Lin Yufen, that they will all be upgraded to the studio affiliation model."

Lin Wei's pen moved swiftly across the paper.

"The specific profit-sharing ratio and the terms of rights and obligations will be drafted by the legal department in cooperation with you."

There is only one principle: to ensure that everyone who creates core value for the company feels the company's sincerity.

"clear."

Lin Wei's voice carried a hint of solemnity.

Fu Yibai nodded and turned to the next page of the notebook.

"After the contract upgrade, there's one more thing."

He paused.

"Share subscription".

The air in the conference room seemed to freeze for a moment.

"As I just said, the benefits of going public should not just go into the pockets of shareholders."

Senior executives have their own subscription quotas, and artists and directors should have them too.

He looked at Lin Wei.

"The specific number of subscriptions will be determined based on each person's status, contribution, and length of service."

You draft the proposal, and I'll review it.

Lin Wei took a deep breath.

"Mr. Fu, could you give me a general direction first?"

This way, I can better control the scale when making plans.

Fu Yibai thought about it for a moment.

"Four directors, each with a maximum of five million shares."

"As a top-tier celebrity, Fan Binbin has ranked second on the Forbes Celebrity List for three consecutive years, contributing hundreds of millions of yuan in profits to the company, and has been with the company for five years."

Similar to the four directors, the maximum is five million shares.

"Hu Jing, Tang Yan, Yang Mi, Qin Lan, Wang Ou, Zeng Li, Zhang Liangying, Huang Bo, Wang Baoqiang, and Deng Chao are all top-tier actresses with hit works to their name, and their commercial value is steadily increasing."

The length of service varies from three to five years.

Maximum of two million shares.

"Lei Jiayin, Gao Lu, Yang Rong, Yan Danchen, and Li Dabai, although they are second-tier celebrities, have been with the company for a long time and have a maximum of 1.5 million shares."

"Chen Xiao and Shu Chang, who are still on the rise, each have a maximum of 500,000 shares."

In addition, the company's several assistant directors, although they have not independently directed any works, can also subscribe to shares.

The maximum is also 500,000 shares.

Lin Wei scribbled quickly, the pen scratching across the paper.

Fu Yibai put down his notebook and glanced at everyone present.

"Let me make this clear from the start."

These shares weren't given away for free.

Each share requires them to pay for it themselves.

How much to subscribe depends on your own ability and ideas.

Only when you spend your own money will you truly consider the company's interests as your own.

However, as a perk, the internal subscription price is 50% of the issue price.

"Dawn has come this far not by my own efforts alone."

We rely on everyone here, and on the actors who stay up all night filming on set.

A director leaning against the editing room, meticulously working on each shot frame by frame.

It's all thanks to everyone who has poured their heart and soul into this company.

"Going public is just the beginning."

The road ahead is long, and I need you, and I need them too.

Let's go together.

Applause erupted.

It wasn't the kind of perfunctory, scattered applause; it was the kind of heartfelt, exhilarating applause.

Zhao Qi was the first to stand up, followed by Lin Wei, then Li Mingde, Liu Yongqiang, Xu Liang, Chen Mo, Wu Zhen, Li Mo...

Everyone stood up.