lcionline Chapter 39 Final Agreement
Chapter 39 Final Agreement
"no problem."
Han Zhijie nodded in agreement.
The two sides began resource negotiations.
Final decision:
Tencent will provide one A-level male lead, one S+ male second lead, and one S+ male lead web series respectively over three years, along with accompanying music and variety show resources;
Fiber Optics provides male lead resources for 3 movies over 3 years and helps artists acquire songs.
Furthermore, both parties need to help manage public opinion and recommend endorsements.
When negotiations progressed to the contract deadline,
Han Zhijie persisted.
"The performance-based agreement period is 3 years, and the cooperation period will automatically extend for another 3 years."
"no."
Gu Yi shook his head.
"After the performance-based agreement period ends, all performance-based clauses will automatically become invalid. If the cooperation goes well, a two-year priority investment agreement can be signed, and the investment and profit sharing will be renegotiated."
"Investment is a voluntary act and cannot be forced upon you."
Lin Shaoqiu chimed in, his tone professional.
Sun Yonghuan and Han Zhijie discussed in hushed tones for a few minutes.
Ultimately, the other party compromised.
"Sure, but we must add that if an artist violates the law or engages in unethical conduct, we have the right to terminate the contract and seek compensation."
"no problem."
Gu Yi added.
"However, if performance targets are not met due to policy changes or force majeure, I will not have to pay compensation; the target will only be reduced proportionally."
After all, masks will only be available for about a year, and we don't know if other factors will change. It would be terrible if things changed.
Speaking of face masks, we can't help but mention the side effects that many people experienced after getting vaccinated; there were just a lot of problems.
If it weren't for the original timeline,
My immune system is okay.
They might also have a host of minor health problems.
"Can!"
After half an hour,
The basic framework of the cooperation agreement has been finalized.
The atmosphere in the meeting room eased.
Han Zhijie then changed the subject.
"Since everyone has reached an agreement..."
"Then let's talk about our plans for you next year."
He gestured to his assistant,
The latter immediately handed over two TV drama scripts.
"I'll be joining a modern romantic comedy production in January."
"Filming will be completed in 2 months, and it can be broadcast on Tencent Video in April. This is the fastest way to open up the film and television market."
"There's also a second male lead in a popular drama; you can choose one."
Gu Yi picked up the script and started reading.
Zheyan from "Eternal Love of Dream"
Gu Weiyi from "Put Your Head on My Shoulder".
The first role didn't fit his image, and the second role's name was almost identical to his own. He couldn't help but curl his lips into a smile.
"The resources for 'Little Time' are pretty good. It's just that I don't have the time, so I can only sign an artist to act in it."
Gu Yi put down the script and shook his head.
Why?
Han Zhijie frowned.
"Filming for 'Better Days' only wrapped up in January, and I'll also have a cameo role in 'Fame and Fortune' afterwards," Gu Yi explained.
"Moreover, of the 6000 million you invested, I will reserve 1000 million for the expenses of my new album and studio, and invest the remaining 5000 million in the TV series I star in."
He added the most crucial information.
"This drama must be filmed between February and April because I need to focus on studying in May and take the college entrance examination in June. I can't afford to be delayed."
Han Zhijie didn't care. Even if Gu Yi lost all his money, he would have to pay back the money if the revenue didn't meet the target, and then it would be easier to handle.
But what he didn't know was that,
Gu Yi plans to film at the Shancheng Shuishui Film and Television Base.
One reason is to give back to their hometown and contribute to the development of western China.
The other one is that there are subsidies.
The highest subsidy for outstanding film and television works is 1500 million yuan per work.
Moreover, up to 35% of the filming costs will be refunded.
However, an invoice is required for reimbursement.
However, Gu Yi didn't bid.
Anyway, he doesn't steal or do anything dishonest.
If we can get it here, we can save tens of millions.
Furthermore, the corporate income tax rate for enterprises in the Western Development Program is 15%, which is stipulated by national tax law and is completely legitimate.
"You've timed it too tightly. Our little romantic drama can't afford to wait," Han Zhijie reminded him.
"I think this plan is fine. Studies and career don't conflict. Fans also want to see artists who are ambitious. This is not a bad thing. On the contrary, it can enhance their image." Sun Yonghuan supported Gu Yi.
"Alright."
Han Zhijie breathed a sigh of relief.
"Then you need to finalize the cast for this sweet romance drama as soon as possible."
"Okay, just reserve a female lead role for me."
Gu Yi thought of his childhood friend. Although he didn't know if the other person had signed with a company, it was always good to reserve a spot first.
If the person's character is flawed,
Then let's see if there are any promising young talents worth nurturing.
That's just how society is.
Many people, after gaining power,
The first people that come to mind are family, relatives, childhood friends, roommates, and alumni.
Didn't you see how Director Qi, after gaining power, immediately put his third aunt and sixth aunt into the system?
He even turned the village's stray dogs into police dogs.
In short, it boils down to one sentence.
Wealth and honor do not lead to returning to one's hometown.
Like wearing fine clothes in the dark!
As for why it wasn't given to Xiaotian,
It's because he doesn't want to make money for Gong Yuhan. If Xiaotian's drama doesn't become popular next year, he might consider helping her terminate her contract.
Although he can allocate the studio's resources at will, it doesn't mean that Tencent and Fiber Optics don't care.
Because if this money doesn't end up in the studio...
It will be very troublesome if things get out of hand later.
"That's possible, but if you do that, you won't have any film or television roles available in the second half of the year, and you'll have to audition on your own."
Han Zhijie gave a special reminder.
"It's okay, we still have movie resources on fiber optic."
Sun Yonghuan smiled and chimed in, helping Gu Yi out of the predicament.
Han Zhijie nodded.
"Then I'll focus on arranging your album, and I'll also keep an eye out for some OSTs. There'll definitely be a lot of traffic on QQ Music."
"Thank you very much, Mr. Han."
Two hours later,
The final agreement has been officially finalized.
The valuation remains unchanged at 2 million. Tencent invested 4000 million and Fiber Optics invested 2000 million, each holding a 15% stake.
As for why Teng Xun only got 15%, Gu Yi didn't ask. Who knows how Lao Wang and Wang Sun, who is not related by surname, negotiated?
The revenue target is 400 million over three years. If the target is not met, the investor will be compensated with double the amount in cash. After the compensation is paid, the investor will not participate in the profit sharing.
The terms will automatically expire after the betting period ends.
We can discuss a two-year cooperation period later.
Resource delivery needs to be adapted to Gu Yi's schedule. Teng Xun is responsible for music and TV series film and television resources, while fiber optics is responsible for movies and song acquisition, endorsements, and public opinion. Everyone needs to help with that.
Finally, Gu Yi, Han Zhijie, and Sun Yonghuan signed the letter of intent; the formal contract would have to wait a few more days.
Han Zhijie put away the agreement, smiled, and extended his hand.
"Then I wish us a successful collaboration."
"Definitely!"
Gu Yi shook hands with him.
"By the way, are you coming to the Tencent Video All Star Awards this year?"
"Forget about the Tencent Video All Star Awards, I don't have any works to show for it. How about we arrange for me to go to the Weibo Night event instead?"
"Sure, I heard Weibo invited people from Instagram, I'll have them add you." Han Zhijie smiled.
"Thank you, Mr. Han."
At that moment, a WeChat message popped up on Gu Yi's phone.
When are you going back to Shanghai?
He looked at the time on his phone screen and then looked at Sun Yonghuan.
"I have to go now, I have to go to Shanghai to record a variety show."
"OK!"
Sun Yonghuan nodded, and then gave instructions to Li Xiang and the others.
"I'd like to discuss a few more things with Mr. Han."
"You guys go with Gu Yi, be careful."
"receive!"
After the group left the conference room, Gu Yi picked up his phone, sent a message, and headed to the airport.