Wen Ying did not ask how the money would be divided, her thinking jumped straight to allocating shares to the artists.
Li Mengjiao was fine, but Yun Chen and Zhang Yangning were so popular, how could they be tied to Tianjiao’s chariot without shares?
Li Mengjiao was someone no one could poach.
Wen Ying knew without asking that after Yun Chen and Zhang Yangning became famous, they must have faced various temptations, as long as the two were willing to switch companies, there were plenty of firms ready to pay the breach of contract fees for them.
This move was originally used by Wang Jun to retain Wen Ying, but once Wen Ying came ashore, she turned around and used it on Tianjiao’s artists, Yuan Fenghui could not help but laugh: truly a little fox!
How to allocate the shares, whether to give them directly, or just let the artists enjoy corresponding dividends, or first give dividends and then shares after the artists had worked at Tianjiao for a certain number of years?
Moreover, managers like Yuan Fenghui had shares, artists like Yun Chen and Zhang Yangning had shares, should scriptwriter Zhang Guangzhen have shares?
How to give them, and how much, obviously could not be decided in one meeting.
Tianjiao was so profitable, inseparable from the artists, inseparable from creators like Zhang Guangzhen… everyone sitting in this office, except Wang Shuang who was a bit silly, were all smart people, so Wen Ying’s proposal received unanimous approval from everyone.
Only then did Li Zhentao ask Yuan Fenghui how to divide the dividends.
The company had 37 million, they could not divide all 37 million, how could the company operate without cash flow on the books?
No one knew Tianjiao’s operations better than Yuan Fenghui, the departmental budgets for next year had been submitted to Yuan Fenghui before today.
“My suggestion is to take 20 million for dividends, leaving 17 million on the company’s books.”
Hiss…
Wang Shuang, holding 16% shares, took a deep breath.
Taking out 20 million for dividends, 16% shares could get 2.56 million!
Although after paying taxes, the actual amount received would be less than 2.56 million… it was still a very large sum.
One could not blame Wang Shuang for being an inexperienced rich second generation, ordinary small rich second generations rarely had such a large sum to freely dispose of in their freshman year.
Wang Shuang did not immediately jump up, because she glanced at her own mother sitting beside her, the rush of blood in her brain slowly receded.
Oh, this dividend would not reach her hands, no need to get too excited.
Wen Ying also calculated the money in her mind, after calculating, she asked Yuan Fenghui if it was too much: “Is there enough money on the company’s books?”
Yuan Fenghui nodded with a smile: “Of course there is, we still have a drama in production, once the rights are sold, we can recover the production costs and even make a small profit.”
When Zhang Guangzhen’s new drama finally started filming, none of Tianjiao’s three artists appeared in it.
This drama was a serious one, the target audience was very different from “The Princess’s New Clothes” and “Star River and You”, Li Mengjiao was rushing for the college entrance exam and had no time, Yun Chen and Zhang Yangning had no suitable roles.
A forced melon is not sweet, Yuan Fenghui would rather let Yun Chen and Zhang Yangning act in other companies’ dramas than waste their energy on unsuitable projects.
Xiang Province Satellite TV really wanted to buy it, Director Fan wished he could call Yuan Fenghui every day, Yuan Fenghui was besieged to the point of helplessness, teasing Director Fan by saying “do you want a family plan” for him, Director Fan climbed along the pole, bluntly saying that would not be bad, it could save him a lot of phone bills!
This was of course a joke.
At Director Fan’s level, how could he pay for work calls himself.
However, although Director Fan was very persistent, Zhang Guangzhen’s new drama rights fee could not exceed “Star River and You”, not even matching “The Princess’s New Clothes”.
Tianjiao’s first two dramas were not quite the same as the popular idol dramas on the market, fuller in core than other idol dramas, yet they did not jump out of the idol drama definition, from “costume, makeup, and props” to actor selection, all elements were very idol-like.
When Tianjiao switched from idol dramas to serious dramas, without the popularity boost from Tianjiao’s three stars, it was hard to say how high the ratings of this serious drama could reach.
One could not blame Director Fan for bargaining, other TV stations similarly could not offer rights quotes exceeding Tianjiao’s first two dramas.
How many ads could be inserted in idol dramas, idol stars had strong merchandise-carrying ability, advertisers were willing to spend money, only then could TV stations profit.
Serious dramas, well, were a bit lacking.
The buzz was also hard to hype.
Idol drama male and female leads could hype scandals, how to hype serious dramas?
What Tianjiao could make of the serious drama, the final answer could only be given after the series aired.
Since the topic was mentioned, with Wen Ying and others present, Yuan Fenghui took the opportunity to explain in detail.
Li Zhentao and Qin Xianming had no objections at all, earning less did not mean no earnings, the two had not invested much in the company early on, this dividend could recover the initial investment, they trusted Yuan Fenghui’s abilities very much.
Wen Ying had no objections either.
Serious dramas had to be shot even if they did not make money!
Wang Shuang… even if Wang Shuang had objections, no one would listen.
In this meeting, Wang Shuang’s attention was as focused as in class before the college entrance exam, she completely dared not daydream, Wen Ying and these people spoke with too much jumping, a slight daydream, and Wang Shuang might not understand!
Yuan Fenghui was very pleased: “Not only can the drama in production recover costs, the artists are still earning money for the company, if funds still cannot turn over like this, when we encounter good projects, we can take loans oh~”
Using the bank’s money to earn one’s own money, why refuse such a good thing?
Wen Ying was immediately convinced.
20 million in dividends, 12% shares was 2.4 million, Wen Ying could completely have a fat year.
Oh, almost forgot the royalties settled by Rongcheng Literature Publishing House.
“Teen Idol” sold 190,000 copies last quarter, pre-tax income 930,000.
“Star River and You” sold 520,000 copies last quarter, plus 660,000 from the first quarter, breaking the million-copy mark in just half a year since launch, this time the pre-tax income given to Wen Ying was 1.2 million.
The Spring Festival of 2007 was Wen Ying’s first big fat year after rebirth, the affluent wallet made Lawyer Wen a bit giddy.
However, Wen Ying still felt something was off… as if she forgot something?
It was not until after the meeting, when Yuan Fenghui asked Wen Ying to stay alone, that Wen Ying realised what she had missed.
She missed the derivative rights share from “Star River and You”!
When filming “Star River and You”, Wen Ying was not yet a shareholder of Tianjiao, she privately raised 4 million to invest in the filming, accounting for one-tenth of the total production cost.
The proceeds from selling the broadcasting rights of “Star River and You” had long been divided to Wen Ying, the related derivative rights had not been divided yet, just because Wen Ying became a Tianjiao shareholder, Tianjiao could not default on her investor’s profit share.
“That is to say, the money the novel of the same name “Star River and You” earned for Tianjiao, one-tenth still has to be divided to me…”
This money was not much.
Whatever Wen Ying took from the publisher, Tianjiao took the same, Tianjiao still had to deduct promotion costs.
But, the album of “Star River and You”, including the related songs’ ringtones, earned more than the novel royalties.
Yuan Fenghui gave Wen Ying a detailed settlement report: “Adding up bits and pieces, can still divide another 1.98 million to you, this is net income after tax. How about it, I advised you to invest more back then, not harming you, right?”
Yuan Fenghui’s tone was quite proud, obviously not forgetting the last time Wen Ying pretended to have a stomachache, covered her purse, and ran away.
Wen Ying initially did not want to invest so much in the “Star River and You” project, it was all Yuan Fenghui staring like a thief, whenever Wen Ying had some money in her pocket, she coaxed and tricked her to invest, investing and investing, Wen Ying alone bore one-tenth of a drama’s production cost… that was a full 4 million!
