I Signed-In For A Billion Dollar Mansion From The Very Beginning Chapter 175 - Lin Fan Will Be Responsible For All of Xia Wan

Chapter 175: Lin Fan Will Be Responsible For All of Xia Wanqiu’s Endorsents! _ 1

Yuehua Entertainnt.

The higher-ups were in a eting.

CEO Li sat there, at a loss.

The Legend of Sword and Fairy was indeed popular, but it would take a long ti to get a return on investnt.

And there was a very important factor to how entertainnt companies earned money.

Those entertainnt companies relied on their artistes to earn money.

If that wasn’t the case, the entertainnt company wouldn’t have focused on nurturing their celebrities.

Xia Wanqiu was an artiste from Yuehua Entertainnt.

Xia Wanqiu was still the top female artiste of Yuehua Entertainnt. Her popularity was very high.

If Yuehua Entertainnt wanted to develop, they needed money.

Because no investor was willing to invest in The Legend of Sword and Fairy.

Yuehua Entertainnt and Lin Fan jointly invested in the television drama The Legend of Sword and Fairy.

The television drama was indeed successful.

But Yuehua Entertainnt’s money had not been earned back.

The company still needed funds to operate.

Once celebrities beca popular, such as so girl groups, once they beca popular, they would have tons of advertisent deals and participate in all sorts of shows. They could earn a lot of money.

And the company could earn dividends from this money. The company would deduct their share first before distributing the money to the celebrities.

The company might take 20-30% of the earnings. If it was a more unscrupulous company, it might take 70-80%.

In Yuehua Entertainnt, the company would take 20% of the artist’s earnings, such as the fees for accepting endorsents and profits.

This was because Yuehua Entertainnt required a lot of capital to nurture an artiste. It was only right for them to receive so profits.

The main leads of the extrely popular “The Legend of Sword and Fairy” were Lin Fan, Xia Wanqiu, Su Xiaoyu, Xu Yang, and Lin Jingjing.

There were also a few actors who were not as popular as these five.

Among them, Xia Wanqiu and Su Xiaoyu were the most popular. Lin Fan’s popularity also increased a lot. Xu Yang was also Yuehua’s number one male artiste. His popularity wasn’t low, but because he wasn’t acting as the main lead and was a supporting character, he couldn’t compare to Lin Fan.

Lin Jingjing’s acting skills were not bad, but what she was really good at was singing. She was a singer and many fans liked her singing.

After a television drama beca popular, any entertainnt company should be able to get their capital back and earn more money.

Yuehua Entertainnt was an exception.

The reason was simple.

As the main lead, Lin Fan rejected all endorsents.

Originally, Lin Fan wasn’t Yuehua’s artiste, nor was he Yuehua’s top screenwriter. He was just a nominal screenwriter for Yuehua. Yuehua Entertainnt also had to give Lin Fan a considerable contract fee.

If Lin Fan didn’t accept endorsents, the company would lose a lot of inco.

Su Xiaoyu was one of their top female celebrities. She did not lack money, so she did not accept any endorsents. The company could not do anything to Su Xiaoyu.

Xia Wanqiu would have accepted many endorsents. She was one of the company’s important sources of inco.

However, after Lin Fan appeared, Xia Wanqiu rejected more than twenty endorsents.

The endorsent fees of these twenty-odd companies added up to at least 30 million!

All 30 million yuan had been wasted.

Only Lin Jingjing and Xu Yang accepted so endorsents, but not many companies wanted them to endorse their products.

Right now, it could be said that other than CEO Li, who was supporting Lin Fan and Xia Wanqiu, the other higher-ups on the board of directors had so objections.

“CEO Li, the company nurtures so many celebrities and gives them resources. It’s not to let them sit there. Looking at the big celebrities in the entertainnt industry, how many celebrities don’t take on any endorsents?”

“The Legend of Sword and Fairy could never have beco so popular without Lin Fan. I agree with this. However, Lin Fan helped Xia Wanqiu reject the endorsents of more than twenty companies and caused the company to lose more than 30 million. What should we do about this loss? Who will make up for the company’s lack of funds?”

“CEO Li, I think we should have a good talk with Xia Wanqiu and Lin Fan. If they want to establish themselves in the entertainnt industry, they have to learn to accept so things. Why would anyone not want to earn more money?”

The shareholders said. Of course, they were a little dissatisfied.

After all, they opened a company to earn money.

The television series had beco popular now but did not earn any money. Who would not be angry after seeing this situation?

The two top female celebrities of the company did not go out to take on endorsents, and the company still had to spend a lot of operating costs to help promote Xia Wanqiu and Su Xiaoyu.

These shareholders could not say anything.

This was also the reason why entertainnt companies usually did not let their female artistes have scandals.

Once there were scandals, it would affect the future of the female artiste and the company’s money.

Seeing so many shareholders angry, CEO Li sighed.

In reality, CEO Li was also under imnse pressure.

The company needed money for everything.

CEO Li knew what kind of person Lin Fan was.

Could the company force Xia Wanqiu and Su Xiaoyu to take on endorsents?

If he forced them, Lin Fan could totally build his own entertainnt company.

With Lin Fan’s ability, he could create countless popular television dramas and write countless classic scripts.

“CEO Li, although Xia Wanqiu’s popularity has increased a lot, she still has to accept endorsents.”

“Lin Fan keeps saying that he wants to help Xia Wanqiu find new endorsent deals. I’m afraid he won’t be able to find one. He rejected so many endorsents. How can he find an endorsent company?” a few shareholders said.

CEO Li looked at everyone and said, “Alright, we’re having a eting here today because I just want to let you guys know how important Lin Fan is to the company. Also, Xia Wanqiu and Su Xiaoyu’s backgrounds are not sothing ordinary people like us can afford to offend.”

“We can only believe in Lin Fan when it cos to endorsents. I’ve already handed the right to handle Xia Wanqiu’s endorsents to Lin Fan. Lin Fan can completely decide what endorsent Xia Wanqiu chooses.”

“If you continue today, what I want to tell you is that I hope you know how deep Lin Fan’s background is.”

“Lin Fan is a major shareholder of a five-star hotel. At the sa ti, he has the technology building worth billions. The value behind Lin Fan is imasurable.”

“I’ll put my words here.”

“If any of you dare to force Xia Wanqiu or Su Xiaoyu to take on endorsents.”

“I can guarantee that after their contract period ends, Yuehua Entertainnt will lose two big female celebrities, a genius screenwriter, and a genius director.”

“It’s fine if we earn less money. Most importantly we must rope in Lin Fan and Xia Wanqiu. Don’t fuss over money.”

“You have to know what kind of person Lin Fan is. Lin Fan is a screenwriting and directing master. At the sa ti, he has superb acting skills. His abilities far exceed everyone’s imagination.”

“Do you think such a person won’t be able to help Xia Wanqiu find an endorsent?”

“With Lin Fan around, no one needs to worry about Xia Wanqiu.”

“I don’t want to repeat what I said.”

“Lin Fan is in charge of all the endorsents for Xia Wanqiu!”