Entering the Chinese entertainment industry is like entering a deep sea

Chapter 820 disappears into thin air
After Rong Chen and Alibaba parted ways, the two bigwigs appeared together for the first time but acted like strangers.

Although the celebrities inside knew perfectly well that both of them were major shareholders of Weibo, and Alibaba even had a larger shareholding, they knew exactly what to choose, provided they had to choose sides.

The two teams in the first row appear to be evenly matched at 2-2, but in reality, Ma Yun and Zhao Yanzi's team is clearly at a disadvantage.

Especially in the entertainment industry, this is practically Rong Chen's home turf; anyone who comes here has to avoid his sharp edge.

Now we have added another comedic king, Zhou Xingchi, who is not good with words but can deliver a fatal blow.

Let's see how Deng Chao of New Capital performs.

He bowed low to listen to the teachings, nodding frequently in response, practically worshipping Li Chen and Zhou Xingchi as two great Buddhas in his heart.

However, the stars in the room didn't feel anything was wrong; being able to talk to these two was a skill in itself.

“I’ve read ‘The Villain’,” Li Chen said with a smile.

“I watched it too,” Zhou Xingchi quickly added.

"Huh? You all saw it?" Deng Chao exclaimed, his mouth agape in surprise.

"Why doesn't anyone post anything to support me? I'm being cursed out of the atmosphere by netizens!"

"It's good enough that we went to see it, let alone post about it on Weibo. Would we do something like that and get criticized?" Li Chen laughed.

Zhou Xingchi nodded and smiled silently.

Deng Chao laughed and thought to himself, "That makes sense."

His former boss has only posted on Weibo to support "Wolf Warrior" in recent years. As for Stephen Chow, who suffers from social anxiety, he doesn't even have a Weibo account, so what would he post?

"It's normal to be criticized. Your box office is higher than 'Mr. Six,' so why can't people criticize you for being a sore loser? As long as a comedy can make the audience laugh, ratings and reviews don't matter."

Li Chen's words were extremely pertinent, and Deng Chao nodded secretly, appearing to be humbly accepting instruction.

Li Chen glanced at Zhou Xingchi. In fact, the quality of "The Mermaid" was only so-so. Compared with Zhou Xingchi's classic works, the gap was insurmountable.

The Weibo Night event was about to begin, and Deng Chao returned to his seat.

As soon as she sat down, Sun Li whispered to Deng Chao, "That Li Yifeng should really be in there. Huan Rui hasn't responded yet."

Deng Chao nodded slightly and smiled, "If he doesn't get into trouble, who will? Openly liking Feng Xiaogang's Weibo post, isn't that challenging Director Li? I bet it wasn't Director Li's doing. Look at these people tonight, besides flattery, isn't there something else in their eyes?"

"Fear, huh! I think the industry needs more big names like Director Li, so that you philandering men won't cheat on us women!" Sun Li snorted.

Deng Chao frowned, feeling both amused and exasperated, utterly helpless against the woman in his household.

"I'm not right!"

"Yes, yes, everything you said is right!"

In the same scene, Da Baobei was also using Li Yifeng to educate Huang Xiaoming.

The Weibo Night event proceeded smoothly; everyone knew who deserved which award.

The last two awards were the most interesting.

Lu Han won the Weibo King award for the second consecutive year. Lu Han accepted the award, which was presented by Zhou Xingchi.

The last Weibo Queen award had two presenters and one recipient, but only two people went on stage.

The stars below clapped and laughed.

Cao Guowei handed the trophy to Li Chen, who then had to give a token acceptance speech on behalf of his wife.

The audience gradually quieted down, and the camera focused on several A-list celebrities, including Deng Chao, Huang Xiaoming, and Fan Bingbing, all with smiles and anticipation on their faces.

As a result, Li Chen's first words won a round of applause.

"It's been a long time since I accepted an award on behalf of someone else. I remember the last time was the Magnolia Award. Actually, I really enjoy accepting awards on behalf of others, and you all know why."

The audience erupted in applause.

Liu Yifei and her daughter Liu Xiaoli, who were watching the live stream, also had smiles on their faces.

What Li Chen meant by these words was simply that he hoped she would have more children, and the more children she had, the more he would like her.

"Do you think I'm a pig?" Liu Yifei muttered to herself, pouting as she lay on a genuine leather recliner specially designed for pregnant women.

Sitting to the side, Liu Xiaoli glanced at her daughter and said, "Aren't you the same? You eat, then sleep, and when you wake up, you eat again?"

"Mom, I'm pregnant, I'm not like this normally!" Liu Yifei said, dissatisfied.

Liu Xiaoli chuckled: "Didn't you post that on Weibo yourself? I think Li Chen is treating you like a little pig."

"Hmph, I don't want to have any more after having this one!"

"That's between you two, I don't care."

At the Weibo Night event, Li Chen was still giving his acceptance speech on behalf of his wife.

"Ms. Liu, the award winner, was unable to attend today due to her pregnancy. On her behalf, I thank Sina Weibo users and millions of fans who have always supported, liked, and tolerated her. And most importantly, Weibo."

At the end, Li Chen deliberately paused, drawing out the tone, and then made an abrupt reversal: "Li Chen, shareholder of Weibo."

Liu Yifei, who was watching the live broadcast, had just fed herself a slice of apple when she was choked by her husband's sudden acceptance speech.

"Cough cough cough cough cough."

"Hey, slow down, no one's going to take it from you." Liu Xiaoli quickly patted her daughter's back gently.

Liu Yifei waved her hand, indicating to her mother that everything was alright.

"He's such a good actor, Mom! I knew he'd pull something when he accepted the award on my behalf!" Liu Yifei said, though her tone was displeased, her eyes were full of smiles and she made no attempt to hide the love in them.

Liu Xiaoli, being an experienced woman, naturally knew that her daughter had long since given her heart to this exceptionally talented son-in-law.

“I think Li Chen is right. Every one of these awards you’ve won bears the mark of Li Chen,” Liu Xiaoli said with a smile.

Liu Yifei frowned and said with dissatisfaction, "Mom, I've noticed you've changed!"

"What have I become?"

"Since when did you and Li Chen become mother and son, and me become mother-in-law and daughter-in-law? Whose side are you on anyway?!"

Liu Xiaoli giggled and covered her mouth with her hand, saying, "I'll side with whoever is good to my daughter."

"Hmph!" Liu Yifei felt relieved, made a face at her mother, snorted, and continued watching the live stream.

During the live broadcast, the stars were all amused and applauded by Li Chen's unexpected reversal.

"Director Li is truly talented! So he came up on stage to thank me on behalf of his wife! I admire him!" Deng Chao clapped vigorously, laughing more happily than anyone else.

Sun Li turned her head and smiled, "Are you regretting not thanking yourself when you accepted the award on my behalf?"

Deng Chao laughed heartily: "That's right! This is the difference between me and Director Li. No wonder I have more than 40 million fewer fans."

Ma Yun clapped lightly with a smile, and Zhao Yanzi, standing to the side, followed suit in a formulaic manner.

Cao Guowei and Wang Changtian sat together, utterly speechless at Li Chen, the major shareholder.

"Alright, Guo Wei, everyone knows that Li Chen's shares are held on his behalf by you, and you don't participate in their management!"

“I know that even if he weren’t a shareholder, there’s nothing I can do about him.”

Wang Changtian knew his old classmate was telling the truth. Weibo's current success is inseparable from the strong support of Rong Chen's artists.

Just by looking at the few times Weibo's servers have crashed since its inception, one can see the extent of the problem.

Li Chen on stage continued.

"Finally, on behalf of Ms. Liu, I would like to say: Thank you for your love."

On the trending topics list, the hashtags #LiuYifeiWinsWeiboQueenForThirdTime and #LuHanWinsWeiboKingForSecondTime were both at the top.

It instantly ignited the enthusiasm of netizens.

"Leonardo DiCaprio's move is nothing short of a business genius. The first half of his statement thanked the fans on behalf of his wife, while the second half thanked himself, a shareholder of Weibo. So, this award was given by his own company to his own boss's wife? It's like transferring wealth from one hand to the other, keeping the profits within the family."

"I was moved to tears, but when I heard 'shareholder Li Chen,' I burst out laughing! Is Brother Chen implying that 'my wife's award is partly due to my efforts'?"

"When Leonardo DiCaprio mentioned the word 'shareholder,' Weibo's stock price rose by 2% in pre-market trading in the US. I suggest the China Securities Regulatory Commission investigate whether this is insider trading. Using public displays of affection to boost market value is more effective than Buffett's letters to shareholders."

Besides the lively discussion on Weibo, Li Chen's acceptance speech was also featured on Douyin by many marketing accounts, accompanied by the background music of Liu Yifei's single "The Sky Full of Stars Can't Compare to You," and it topped the Douyin trending list.

The video garnered over 1500 million views in just two hours.

Li Chen's words "Thank you for your love" have also appeared in various versions, with the most popular version becoming "Thank you for your shares!"
Despite this, Cao Guowei was not happy.

Douyin's trending topics list has become a threat to Weibo's trending searches.

Although Douyin's user base is currently not comparable to Weibo's.

However, Douyin's user growth rate is almost catching up with WeChat's back in the day.

Cao Guowei was at his wits' end, but he couldn't tell Li Chen.

It's impossible to imagine Li Chen and Liu Yifei, a married couple, arm wrestling.

"I asked you to help me accept an award, but who told you to spout nonsense in my name?" Back home, the shrewish woman roared at Li Chen, hands on her hips.

Based on the principle that the pregnant woman is the most important person in the world, Li Chen acted like a wronged little wife.

Whatever my wife says goes.

"I'm not having any more children after this one. I'll collect all the awards myself from now on! Humph!"

"Hmm? That won't do."

"Why not!" Liu Yifei knew that her husband probably wouldn't easily give in to her on this matter.

"We need to be democratic about having children. My parents, your mother, you and me will vote on it. I still want to have two or three more. My wife is so beautiful, it would be a shame if she didn't have children."

"Stop trying to sweet-talk me! I'll have the baby, but when I give birth is up to me!" Liu Yifei was deflated; she had already learned of her biological mother's attitude.

If a vote were to be held, the result would most likely be four to one, or three to one plus one abstention.

"That's a good idea, don't worry. I also feel for my wife's difficult pregnancy."

"Hmph, all you do is say nice things to coax me!"

"Really, if I could give birth, I would take the pain of ten months of pregnancy and childbirth for you," Li Chen said earnestly.

"I don't even know if I can trust you!" Liu Yifei suddenly lost her confidence; her husband's words were a lie.
-

The official statement regarding Li Moumou was released early the next morning.

Eight words in particular shocked the industry: "He has confessed to it multiple times without hesitation."

How similar he is to his father Haibo before, except that he has "multiple times" added, which can only be described as young people having abundant energy.

Weibo exploded, and netizens and fans went wild.

"How tragic! I've followed you for eight years, and eight years of my youth have just vanished like that. It seems I'm not the only one who's naive. Goodbye! Farewell forever."

"I originally thought you were a 'god,' but now it seems you're just a mortal, an ordinary person. Since you're just an ordinary person, why should I, an ordinary person, follow you? I'm unfollowing you now, immediately."

"There are two people in this world I don't understand: Bald Wang and Fresh Meat Li!"

"It's understandable that your dad, Hai Bo, is ugly, but you're handsome, rich, and famous. You're not satisfied with just 'Fall in Love Like a Star' and kissing Yang Mi, are you?"

What will happen to "Mr. Six"? Will Sixth Master uphold justice and betray his family, or will he show deep fatherly love?

"What about 'Sparrow' and 'The Legend of Chusen'? Will Huanrui's stock price continue to fall?"

Netizens were outraged, and even the die-hard fans who had previously defended Li Yifeng fell silent.

A wave of contract terminations followed, but the netizens were a step behind.

Sina Entertainment News

"The detention of well-known celebrities has been confirmed, prompting brands to urgently sever ties and triggering a wave of contract terminations."

"At around 9:30 this morning, several brands he endorsed quickly announced the termination of their cooperation, severely damaging his acting career."

"According to industry insiders, the direct economic losses caused by the termination of the contract may exceed 100 million yuan."

"The film and television projects have been affected, and the industry's reputation has been damaged. Huanrui, the production company of the TV series 'The Legend of Chusen' which is currently being filmed, said it will re-evaluate the cast."

Huanrui was in a panic, and rumors circulated online that Zhong Junyan had fallen ill from worry.

Yang Mi also got blisters on her lips from being so anxious.

Besides Liu Yifei and Li Chen, Zhong Junyan and Jiang Lei also knew about her situation.

"Fall in Love Like a Star" hasn't been out of theaters for more than a few days, so there's no need to think about it anymore.

"Honey, there's no need to think about this anymore. This kind of scum doesn't deserve your affection!"

"I really can't understand it. He doesn't seem like that kind of person at all!"

"All I can say is that this scumbag's face is too deceptive!"

The three founders of Jiaxing felt as uncomfortable as if they had swallowed a fly.

The projects "Gu Jian Qi Tan" and "Fall in Love Like a Star" will no longer generate any revenue.

No one is going to remake "Swords of Legends" and "Fall in Love Like a Star". Huanrui is completely finished and has no chance of making a comeback.

The most panicked people right now are probably the artists of Huanrui. With the downfall of Huanrui's top star, the already weakened company is teetering on the brink of collapse.

Major media outlets have spoken out, and the China Association of Performing Arts has also stated its position: such artists with bad records will face a joint boycott from the industry and must bear the consequences of their illegal acts.

Another day passed, and everyone discovered that "Mr. Six" was no longer among the films showing in theaters.
Tencent and iQiyi sent letters to Chaohuayi requesting a partial refund of copyright fees.

According to the contract, Huayi is now seeking compensation from Huanrui, but Huanrui is now being pursued by more than just Huayi.

Wang Zhonglei was so angry that he kept cursing. Why was Huayi so unlucky?

These actors are all incredibly skilled, and their appearances are all incredibly deceptive.

They're all experts at ripping off Huayi!

"Damn it! Go block the door right now! If Zhong Junyan doesn't pay up, I'm not done with her!" Wang Zhonglei's roar carried for miles.

(End of this chapter)