Becoming Rich with Daily Scavenging APP-Chapter 360: Xinli’s Rush to Fulfill the Bet
After meeting with Shen Teng and the others, Chen Yiyang returned to the hotel and received a call from Liu Qiangxi.
"Cao wants to see you recently; do you have the time for us to get together?"
"Which Cao?" Chen Yiyang didn’t immediately realize whom Liu Qiangxi was referring to.
"Cao Wei, the president of Sina."
Now Chen Yiyang knew who blocked Dong Jian’s account.
Sure enough, when you have money, good people are everywhere.
In the past, when he was attacked, no one cared. Now the president of Sina personally handled blocking someone’s account.
This is what you call a dimensionality reduction strike.
Chen Yiyang had never dealt with Cao Wei before. However, because of his investments in games and film works, he had bought quite a few monthly trending packages on Weibo, making him a major customer.
"Cao Wei is the vice president of the Imperial Industrial and Commercial Association," Liu Qiangxi continued to explain, fearing Chen Yiyang might not understand Cao Wei’s status, "In the business circles of the Imperial Capital, Cao Wei holds a high status."
Such a high status, and he’s actively helping solve his issues—could it be that he wants something in return?
Chen Yiyang couldn’t guess Cao Wei’s motives for now and could only schedule a meeting with Liu Qiangxi.
The next morning, Chen Yiyang asked his assistant to check if Xanadu had been facing any trouble lately.
He had a feeling that Xanadu’s recognition of the "Legend of Rose" project brought him in not just to raise the selling price of the first round of broadcasting.
Soon, the assistant sent Chen Yiyang some information.
"Five years ago, Yuewen Group completed a wager-based acquisition of Xanadu with a valuation of 15.5 billion. Xanadu promised a net profit of no less than five billion, seven billion, and nine billion over the next three years.
But after two years, Xanadu’s net profits did not meet the targets for both years.
So Xanadu and Yuewen discussed and reset the wager to a five-year term. Within five years, Xanadu needed to achieve a minimum net profit of two billion, three billion, three billion, three billion, and three billion. The maximum target was four billion, five billion, five billion, five billion, and five billion.
In the past four years, Xanadu had achieved the wager, but it’s the last year now, and Xanadu’s net profit still seems a bit short of completing the five-billion wager.
"So if Xanadu doesn’t have a big hit show, this wager is impossible to complete?"
"Correct," said the assistant, "This year is especially critical for Xanadu. If the wager isn’t completed, Xanadu might have to pay back a significant amount."
"All right, I understand now." Chen Yiyang finally understood why Xanadu’s head was so eager to find him; it was to complete the wager.
If the "Legend of Rose" doesn’t explode, Xanadu will have a tough time this year.
If that’s the case.
Chen Yiyang immediately called the head of Xanadu and asked for the script of "Legend of Rose."
Once the script was sent over, Chen Yiyang spent an entire day studying it.
Then when he met with the head of Xanadu again, Chen Yiyang said directly, "I can accept a ten percent investment stake in ’Legend of Rose,’ but I want the roles of the female lead’s brother and the second and third female leads."
Upon hearing Chen Yiyang’s words, the head of Xanadu was pleased at first, then immediately fell silent.
The excitement was because Chen Yiyang only wanted a ten percent investment stake, which was far less than Xanadu had expected.
But for Chen Yiyang to ask for three roles right away.
And they are three very important roles.
This.
"These are my conditions; agree if you agree, otherwise, let’s forget it."
Chen Yiyang couldn’t gauge whether "Legend of Rose" would be a big hit.
But with a series like this with a strong female lead, it depends on the script and the actors.
The script was fine, and the actors’ fame was significant enough.
In addition, Xanadu is under wagering pressure, so they will ensure quality during filming.
Therefore, placing people seemed to be the choice for maximizing benefits.
"Mr. Chen, please wait a moment while I make a call."
The head of Xanadu immediately went out to call the other managers in the company.
A show that was eyed by Xanadu, Tengxu, and even Imperial Capital TV Station.
Chen Yiyang asking for three important roles all at once.
Under normal circumstances, this would be impossible.
It’s not that Xanadu’s people worry about the acting skills of the actors Chen Yiyang recommends.
It’s that roles of this caliber are company resources, usually used for exchange deals with other companies.
This demand is more ruthless than asking for an additional ten percent investment stake.
But Xanadu’s people discussed it for a while and finally decided to compromise.
No other choice.
The circumstances are simply overwhelming.
If this year’s wager isn’t completed, forget three roles, even how many management members will remain is a question.
Moreover, they would have to return some of the money from the Yuewen acquisition.
Under such pressure, Xanadu had no choice but to fold.
Because bringing in Chen Yiyang’s investment provides a significant advantage when negotiating with Tencent Video.
The entertainment industry doesn’t follow science, nor does it follow mysticism; it only looks at your past achievements.
No matter if your acting is mediocre or you meddle a lot,
as long as the past dramas you’ve participated in are all big hits, then even if you’re a pile of shit, capital and directors will find ways to include you.
Chen Yiyang’s past success is well documented.
Just getting Chen Yiyang’s investment widens Xanadu’s negotiation space considerably.
Not to mention Chen Yiyang is a business tycoon himself.
After the show airs, it’s convenient to find advertisers. Any company under Chen Yiyang could spare some money to be enough for Xanadu.
After successfully securing three roles from Xanadu, Chen Yiyang asked the manager of his talent agency to send the script to his artists to see who was interested in participating.
Then he put the matter aside and went to attend the gathering with Liu Qiangxi and Cao Wei.
"Mr. Cao," Chen Yiyang stood up and toasted Cao Wei, "thank you for your help last time."
"It was nothing," Cao Wei immediately waved it off and said, "We were just following the rules. The higher-ups have repeatedly stressed cracking down on unfounded defamation of private business owners. When someone baselessly attacks you, we have to take action."
Chen Yiyang only considered Cao Wei’s words as nonsense.
Where were you back in the day when he was being smeared everywhere?
But, as adults, one must be realistic.
So Chen Yiyang exchanged a few pleasantries with Cao Wei before Cao Wei got to the main point.
"I founded Sina single-handedly. It has been an extremely tough journey.
Back then, Sina chose to list on the U.S. stock market primarily because the local financing environment was poor, and investors did not believe in our business model."
"So does Mr. Cao intend to bring Sina back to the domestic market for listing?" Chen Yiyang asked.
