Entertainment: I just want to be the boss behind the scenes

Chapter 228 I still like your rebellious attitude

Chapter 228 I still like your rebellious attitude
To be honest, this is not the first time that Leshi.com has failed to pay back Arc Light’s revenue.

At the beginning of last year, the profit sharing of "Soul Ferry 2" was more than a month late in settlement.

However, Liu Jun was there to coordinate at that time, so it was not delayed for too long.

The film and television industry has always had a long payback cycle and low capital turnover.

The capital chains of most film and television companies, including listed companies, are in a tight state.

This is why some old companies that seem to be very powerful can collapse directly because of the loss of a big production project.

Since the overall project process of online dramas is short, the turnover will be relatively fast, but it still takes more than half a year.

The profit share of "Forensic Qin Ming" that has not yet been settled is almost 1200 million, which is equivalent to % to % of ArcLight's current liquidity.

So although Meng Bai's words were a bit exaggerated, they were not nonsense.

"Mr. Meng, Arclight Films and our Leshi.com have been cooperating for two years, and we have always had pleasant communications. Both the company and I personally hope to maintain this relationship." Zhang Qi said.

Meng Bai smiled and said, "Like Mr. Zhang, I hope to maintain this 'cooperative relationship'. But let's be honest, it has been more than half a year since the end of 'Forensic Qin Ming', and no one has mentioned the payment during this period. I think we at Arclight are already quite sincere."

If you want to talk about friendship, that's fine. We at ArcLight have extended the payment period from one quarter to half a year. Isn't that enough of a friendship?
Zhang Qi was choked and frowned.

The smile on his face disappeared, and he said calmly, "Leshi.com is currently in a relatively important period. I hope President Meng can be more tolerant. After all, we will have a lot of cooperation in the future, and there is no need for everyone to be too embarrassed over a small matter at hand."

If the other party is playing the "emotional card" in the first half of the sentence, then the second half will have a subtle threat connotation.

The subtext is obvious. Our "Green Ivy Series" will continue to be filmed, and we will inevitably need Leshi.com. You are a production party, so you'd better be sensible and not make things too awkward with our platform's "big party A".

This is a normal thought process for a platform like Leshi.com. If it were another company, they would have no choice but to agree.

But it’s different for ArcLight Films.

Meng Bai leaned back in his chair, tapped the table with his fingers, and said kindly: "Mr. Zhang, the premise for continuing cooperation is that all previous problems have been resolved. Otherwise, what are we cooperating on?"

Seeing the other party's indifferent expression, Zhang Qi's face completely sank.

As a platform, every production company is respectful in front of them. There has never been a time when they were not taken seriously.

He stopped playing "negotiation" and said directly: "If Arc Light has this attitude, then I think there is nothing to discuss. The repayment must be in accordance with the overall requirements of the group. If President Meng is not satisfied with anything, he can go directly to our President Jia to talk."

"So what Mr. Zhang meant is that Leshi.com is not going to pay back the money."

"Please don't misinterpret my meaning, Mr. Meng. We have never said we won't give it to you. It's just that how and when to give it must be arranged according to our plan." Zhang Qi said with contempt: "Of course, if Arc Light is not satisfied with this, it can end the cooperation."

If it were in the past, Leshi.com would not dare to be so direct. After all, its content production in the past two years has almost entirely relied on Arclight Films.

But things are different now. With the explosive popularity of "Go Princess Go", the importance of Arc Light in Leshi.com has immediately declined a lot.

In addition, Boss Jia is now busy with various "capital operations" and doesn't have much energy to care about online dramas.

As a result, the original subtle "personal relationship" of Arclight Films no longer exists.

If you want to cooperate, listen to me. If you don’t accept it, get out.

This is the true face of a big platform.

However, Meng Bai didn't care about this straightforward warning at all: "Mr. Zhang, do you mean to give up the cooperation with Arc Light?"

"That depends on what Mr. Meng thinks." Zhang Qi said confidently.

He didn't believe that Meng Bai would choose to give up the "Green Ivy Series" because that would be equivalent to the complete "collapse" of Arclight Films' layout over the past two years and future plans.

However, what surprised Zhang Qi was that Meng Bai didn't seem to care too much about it.

He smiled calmly, "If that's the case, then there's nothing to discuss. The subsequent development of the 'Green Ivy Series' will be independently taken over by Arclight Films. As for the repayment, everything will be done according to normal legal procedures. I believe that Leshi's investors will be moved when they hear that they would rather default on the profit share of more than 98 million to raise the billion acquisition funds."

"and many more!"

Zhang Qi's expression suddenly changed, and his originally confident expression disappeared.

He called Meng Bai and looked at him and said, "Mr. Meng, are you kidding? The film and television development rights of the 'Green Ivy Series' are jointly held by Leshi.com and Arclight. Without Leshi.com's authorization, Arclight is not qualified to develop projects independently."

"Mr. Zhang doesn't seem to have read our authorization contract carefully."

Meng Bai said calmly, "Early before the first "Psychological Crime" project was launched, it was clearly stated in the contract that if the series of projects could not continue due to the problems of Leshi.com, Arclight Films would unconditionally take back the film and television adaptation rights of the entire "Green Ivy Series" and all subsequent projects." "What?!"

Zhang Qi's brows were instantly furrowed into the shape of a "川" character, with an expression of surprise and confusion on his face.

How is this possible? Which platform doesn’t hold the copyright firmly in its hands? How could anyone sign such a stupid contract?
He didn't believe it in his heart, but reason told him that Meng Bai couldn't deceive people about such a thing because it would be easily exposed.

Zhang Qi looked at his subordinate beside him, who understood what he meant and immediately sent a message to have all the contracts with Arclight Films for the past two years sent over.

But before he could send the message, Liu Jun, who had been sitting silently for a long time, said, "Don't bother to look at it. I was the one who signed the contract. What Mr. Meng said is right. There is indeed this clause in it."

"You he……"

Zhang Qi almost spat out a mouthful of blood, but he managed to hold back his curse words.

Liu Jun ignored his expression and continued, "According to the contract, since it was the platform that defaulted on the revenue share, the main responsibility lies with us. The relevant authorization will be taken back by Arclight Films, and we can continue to cooperate with other platforms in the future."

Now the other executives around couldn't help but look at him sideways, are you really one of us?
Meng Bai also secretly gave Liu Jun a thumbs up.

It turns out it has to be you!

However, in this case, no matter how things develop in the future, this guy will probably not have an easy time at Leshi.com.

But it's not bad either. We can just pack up and leave together, and I don't have to hear Chen Jing nagging me about the lack of a manager every day.

Meng Bai was fantasizing that he could go out and have fun anytime in the future. On the other side, Zhang Qi took a deep breath and slowly calmed himself down.

Although I haven't seen the specific content of the contract, I can tell from the other party's attitude that there shouldn't be any loopholes.

Having lost the ability to control Arc Light Film and Television, their side was instead at the mercy of the opponent, and the situation on the field took a two-level reversal.

Now, Meng Bai has become the one with the initiative.

It is said that these elites all have some foundation in Sichuan Opera. Seeing that he had lost his advantage, Zhang Qi immediately put on a smiling expression again.

"Haha, Mr. Meng is really joking. We have been working together for such a long time and have a tacit understanding with each other. Why should we have different opinions as a family?"

Arrogant at first and respectful at the end, it makes people laugh when they think about it.

"Haha, Mr. Zhang, I still prefer your rebellious look just now. How about you recover a little?"

"you……"

Meng Bai didn't care about Zhang Qi's ugly face at all, and continued: "Now that we've come to this, there's nothing to hide. I believe you all know more about Leshi's financial situation than I do. Even if the payment is settled, will there be any extra resources to continue developing subsequent projects?"

LeTV Pictures has a total of 11 film projects to be released this year, including the big-budget "The Great Wall" and "Jade Dynasty".

At the same time, it is also necessary to meet the profit requirement of "3 billion in three years" required for sufficient mergers and acquisitions, and the demand for funds is extremely huge.

The "Green Ivy Series", a collaboration with Arclight Films, has a larger production scale than the previous ones.

Although the results are very good, the revenue brought is mainly in traffic data, and in essence, Leshi.com is still burning money.

Under this situation, it is simply impossible to support further development.

This is why Leshi.com attaches so much importance to "The Rise of Phoenixes".

To achieve the same profit effect, one requires an investment of tens of millions, while the other only requires a few million.

Even though we know that the latter's success is not so easy to replicate, who can not like it?

Zhang Qi naturally understood that what Meng Bai said was indeed the truth.

"So, Mr. Meng really doesn't plan to cooperate with our Leshi.com?"

"It depends on what Mr. Zhang thinks."

The same words were said a few minutes later and it was sent back intact.

Only the people involved can appreciate the subtlety of it.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like