Chapter 733: You Want to Poison Da Mimi and Sister Reba?

"Bankrupt Jiaxing?"

Mr. Wang's words surprised Hong Yinbao a little.

He blew out a thick puff of cigar smoke,

took another sip of fifteen-year malt-aged whiskey,

and then asked, "Mr. Wang, I've been in the film industry for so many years. I know chickens can lay eggs, then the eggs hatch into chicks, and the chicks grow up to lay eggs again..."

"But from what you're saying, you want us to kill the Jiaxing chicken directly and take the eggs right out of its belly. Isn't killing the chicken to get the eggs going too far? After all, only if the chicken stays alive can we keep seeing golden eggs..."

Hearing this, Mr. Wang chuckled and shook his head, saying, "Brother Bao, you've got it wrong."

"What we want isn't Jiaxing's eggs, but the eggs of Da Mimi and Sister Reba. Jiaxing is on its last legs now; if it weren't for the continuous blood transfusion from Da Mimi and Sister Reba, it would have died long ago!"

"The reason Da Mimi and Sister Reba are still working so hard and not giving up on Jiaxing isn't because they're loyal, but because of the long-term contracts they signed with Jiaxing themselves!"

"Brother Bao, as far as I know, Da Mimi and Jiaxing signed a contract directly for twenty years. Excluding the past few years, there are at least ten years left. Sister Reba is even worse; probably because of Da Mimi's willingness, she signed a thirty-year long-term contract!"

"Is that right?"

Hong Yinbao looked at Mr. Wang, somewhat puzzled: "But don't Da Mimi and Sister Reba each have their own studios?"

"Yes, that's not a conflict, Brother Bao."

Mr. Wang smiled: "Many artists under my company have also opened their own studios. Actually, it's all for tax avoidance. To put it bluntly, it's because of money, Brother Bao."

"I specifically asked someone about the cooperation model between Jiaxing, Da Mimi, and Sister Reba before. Basically, for one drama, Jiaxing only takes 20%, while the remaining 80% goes to their studios. Then they try to wash it, find some resources to offset it, and what they can actually get their hands on might be around 60%."

"60%?"

Hearing this, Hong Yinbao was somewhat surprised: "That's quite high. For a movie I did before, less than 30% ended up in my own hands, and even then, I had to share a bit with the stunt team brothers."

"So, Brother Bao."

Mr. Wang said with a smile: "So the studio is just used for tax avoidance."

Afterwards,

Mr. Wang poured a little more whiskey for Hong Yinbao and Lin Wumin,

and then continued, "Brother Bao, continuing from before, the long-term contracts of Da Mimi and Sister Reba are really tempting. How to put it? No matter what price Jiaxing negotiates for cooperation, Sister Reba and Da Mimi must act."

"This is really useful for us. After all, an artist's life is only those ten-odd years. Jiaxing has already wasted a few years; what's left for us is really not much."

"However, as long as we can get the contracts of Da Mimi and Sister Reba, I can make them frantically take on roles at very low prices. Although the mainstream trend is changing now, those mindless ancient idol dramas and big female lead dramas still have a huge market."

"Coincidentally, Da Mimi and Sister Reba have always followed this style, so it fits perfectly."

"This model, Brother Bao, Wumin, you are also very familiar with. It's nothing more than accepting roles at high prices, then transferring them to Da Mimi and Sister Reba at low prices. We just act as middlemen and earn the price difference directly."

"If we encounter a very good and promising script at that time, we can also let Sister Reba and Da Mimi act for zero salary. When the drama becomes popular, we'll earn even more!"

"This doesn't seem very good, does it?"

Lin Wumin swirled his wine glass, looking at the amber whiskey inside, and said with some disagreement: "Uncle Wang, Da Mimi and Sister Reba are both top-tier female stars right now. If we press them this hard, aren't you afraid they'll tear up the relationship and go public?"

"What's there to fear?"

Hearing this, Mr. Wang shook his head and smiled: "Wumin, as long as we have their contracts in our hands, we have nothing to fear."

"First of all, the reason Da Mimi and Sister Reba haven't broken away from Jiaxing for so many years is twofold: first, both Da Mimi and Sister Reba hold shares in Jiaxing and are bound to it; second, it's also because of the extremely high breach-of-contract penalty in the contract."

"As far as I know, when Jiaxing first signed with Da Mimi and Sister Reba, the amount of the breach-of-contract penalty shocked many people in the circle. Honestly, I've never seen such a high amount, hahaha."

0 ········· Begging for flowers ·········

"So, with such a high breach-of-contract penalty, Sister Reba and Da Mimi cannot unilaterally terminate the contract and can only continue to obey."

"Secondly, we don't need to crush people directly like Jiaxing does, leaving Da Mimi and Sister Reba with no hope. We just need to extend the previous contract and have Da Mimi and Sister Reba sign a second contract with us. Once they meet the condition of acting in a certain number of dramas per year, in a few years we can terminate the contract with them unconditionally."