Chapter 175: All Xia Wanqius endorsements are solely responsible for Lin Fan! (1/2)
Moonlight Group.
Senior management is having a meeting.
Mr. Li sat there, helpless.
”The Legend of Sword and Fairy” has indeed become a big hit, but it will take a long time to get the funds back.
And there is a very important factor for entertainment companies to make money.
That is, these entertainment companies rely on their artists to make money.
If this is not the case, entertainment companies will not vigorously cultivate their stars.
And Xia Wanqiu is an artist of Yuehua Group.
Xia Wanqiu is also the female number one of the Yuehua Group, and her popularity and popularity remain high.
If Yuehua Group wants to develop, it needs money.
Due to the filming of Legend of Sword and Fairy, no investor is willing to invest.
Therefore, the TV series Legend of Sword and Fairy was jointly invested by Yuehua Group and Lin Fan.
The TV show was a success.
But Yuehua Group has not made any money back.
The company also needs capital to operate.
Once the popularity of the stars is high, such as some girl groups, after they become popular, there will be announcements all over the sky, and they can make a lot of money by participating in various programs.
And this part of the money, the company can be divided, first deducted from the company, and then distributed to the stars.
Roughly, the company may take about 2-3%, and if it is a more black-hearted company, it may take 7-8%.
Yuehua Group, the company will take away 20% of the money earned by the artist, such as the cost of endorsement and profits.
Because Yuehua Group needs a lot of costs to cultivate an artist, and it is reasonable to get some profits.
The fire of ”Legend of Sword and Fairy” starred Lin Fan, Xia Wanqiu, Su Xiaoyu, Xu Yang, and Lin Jingjing.
There are also a few actors who are not as popular as these five people.
Among them, Xia Wanqiu and Su Xiaoyu are the most popular, Lin Fan's popularity has also risen a lot, and Xu Yang is also the No. 1 Yuehua Man, and his popularity is not low, but because he is not the protagonist, he is equivalent to a supporting role. Where can't compare.
Lin Jingjing's acting skills are good, but her real specialty is singing. She is a singer, and many fans like her singing.
After the TV series is popular, any entertainment company should be able to recover the cost and make more money.
The only exception is Yuehua Group.
The reason is simple.
Lin Fan, as the lead actor, rejected all endorsements.
Originally, Lin Fan was not Yuehua's entertainer, nor was Yuehua's gold medal screenwriter, but a nominal screenwriter of Yuehua, and Yuehua Group also gave Lin Fan a lot of money to sign.
If Lin Fan does not accept endorsements, the company will lose a lot of revenue.
Su Xiaoyu, as one of the big female stars, she is not short of money, so she does not accept any endorsements, and the company can't do anything to Su Xiaoyu.
Xia Wanqiu would have received a lot of endorsements, and she is one of the company's important sources of income.
However, after Lin Fan came forward, Xia Wanqiu rejected more than 20 endorsements.
The endorsement fees of these more than 20 people add up to at least 30 million!
The 30 million funds were all wasted.