Huayu: Starting from Fahrenheit

Chapter 289 Conversation between three CEOs

Chapter 289 Conversation between the Three CEOs
"You've all heard about Fahrenheit's recent situation, right?"

At Huayan Records, in Lu Shiyu's office, Lu Shiyu looked at the other two people with a serious face.

The two people sitting opposite him were Ge Fuhong, the boss of Tianxi Company, and Feng Jiarui of Comi International.

The ownership of the group Fahrenheit belongs to these three parties.

Tianxi holds the rights to manage artists, Komi owns the film and television rights, and Huayan owns the record production rights.

The three parties worked together to create Fahrenheit, the current top idol group in the Huayan music scene.

However, when outside companies were envious, jealous and resentful of the three companies, the CEOs of the three companies were troubled by the affairs of Fahrenheit.

"The people below notified me. It's really inexplicable. Why would this happen for no reason?"

"Haven't the four of them always had a good relationship?"

"Last time, they forced us to abdicate together. How come the relationship has suddenly become so tense?"

Feng Jiarui took a long puff of his cigarette, finding it hard to believe that the members of Fahrenheit, who had previously joined forces to force the company to abdicate, suddenly had differences of opinion.

Compared to his disbelief, Ge Fuhong seemed to have anticipated this:

“They had a good relationship before because they had common pursuits, and only by supporting each other can they go further.

"Now! Fahrenheit is very popular in Asia, and they are all making great progress in their personal careers."

"Once you have grown stronger, you will naturally have different ideas."

Ge Fuhong's words were full of ridicule and helplessness.

As early as the 4s, the disbandment of Little Tigers and the individual development of F had already fully demonstrated that it was impossible for a group, especially a very popular one, to last long.

It’s just…it’s just that she didn’t expect that Fahrenheit would have problems so soon.

Ultimately, it’s because Fahrenheit is too popular.

It was so popular that the members felt that if they left Fahrenheit, they might be able to develop better and earn more on their own.

"Is there no room for easing the situation?" Feng Jiarui pondered for a long time and looked at the two people opposite him.

He really doesn't want to give up the group Fahrenheit.

This combination is so profitable.

Last year, the group's total revenue exceeded 2.6 million.

Even though multiple parties participated in the profit distribution, Komi still received tens of millions of RMB.

He just couldn't bear to give up such a huge source of income.

“It’s difficult, what’s been done cannot be undone, and now the differences among members have arisen.

If we force the issue, it could lead to big problems.”

Lu Shiyu shook his head.

Several members of Fahrenheit are now super popular artists, and the company's restrictions on them have no influence at all.

If they get angry, these guys might even change jobs.

It's not impossible.

Although they originally planned to build Fahrenheit as the next F4, the penalty for breach of contract was set very high, a full NT$2 million.

But several members of Fahrenheit can now afford this amount of liquidated damages.

Then, there was one more thing that Lu Shiyu didn’t say, but Ge Fuhong and Feng Jiarui both knew it.

That is, it was Wu Chao who proposed to suspend the activities this time.

If NT$200 million is within the affordable range for other members, for Wu Chao, it is just a drizzle.

Even if Wu Zhuo releases the news to the public, someone will probably come with money to help him pay the penalty.

"What should we do now? We really need to suspend the activities!"

Feng Jiarui looked miserable.

His heart began to bleed when he thought about suspending his activities and losing tens of millions of dollars a year.

"Boss Feng, why is it necessary? Jiro Wang and Calvin Chen's film and television contracts are all in your hands. Please suspend group activities.

You can just let them make a few more movies and you can make the money back." Having worked with Feng Jiarui for many years and having invested in him, Ge Fuhong knew Feng Jiarui's thoughts very well.

Just start teasing him directly to make him feel more positive.

Compared to Feng Jiarui who didn't want Fahrenheit to suspend its activities, Ge Fuhong actually wanted to do so.

She would even be willing to see Fahrenheit disband directly.

The reason! Of course, it was because she had the agency rights for four people.

Even if Fahrenheit cannot generate revenue, she can continue to receive money from the members personally.

Hearing Ge Fuhong's ridicule, Feng Jiarui's face darkened and he was very angry. "At the beginning, I told you to sign Wu Zhuo's film and television contract with Komi alone, but you kept delaying it. Now, Komi wants to find Wu Zhuo to act, but now they have to pay a high price."

Feng Jiarui's voice was a little loud, causing Ge Fuhong to retort on the spot:
"It's not that we don't want to put his film and television contract on Komi, but he didn't agree to sign a long-term film and television contract with Komi from the beginning."

Don’t think that Fahrenheit was jointly launched by three parties.

But in fact, the four members of Fahrenheit each have different levels of closeness with the three companies.

First up are Jiro Wang and Calvin Chen.

They were both Komi’s people at the beginning.

It was only after Jiro Wang was signed to a long-term film and television contract by Komi due to his role in "It Started with a Kiss" that he placed his agency contract with Tianxi.

It's almost the same for Calvin Chen. He joined Komi through the company's talent show, and then his agency contract was signed with Tianxi.

Because the two of them are considered to be Komi's direct descendants, the film and television contracts they signed with Komi are exclusive.

To put it simply, unless Komi agrees, they cannot film movies for other companies.

But it is different from Jiro Wang and Calvin Chen.

Wu Zhuo and Wu Zunze signed with different agencies respectively.

Then he joined Fahrenheit through Tianxi and Fulong agency.

It seems that the four of them are from the same agency and are also members of Fahrenheit launched by Komi.

But in fact, because of the different signing methods, their contracts and even development directions are different.

Wu Zhuo and Wu Zun’s film and television contracts did not stay with Komi for a long time.

Unlike Jiro Wang and Calvin Chen, who have to film a Comic drama.

It is for this reason that Wu Chao can directly enter the mainland and shoot scenes for other mainland companies.

The same goes for Wu Zun. In addition to filming several Comic dramas in the early stage, he can now take on dramas from Emperor Entertainment Group and other companies.

At the same time, this is also the reason why Fahrenheit has become popular all over the country and even in Asia, but Jiro Wang and Calvin Chen can only film on Comic.

In a word, if Fahrenheit suspends its activities.

Then, the profits of Wu Zhuo and Wu Zun, who are developing on their own, will have nothing to do with Komi.

That is why Feng Jiarui seemed so angry.

"Okay! If you want to discuss the film and television contract, you can do it in private.

Our focus today is Fahrenheit and its records.

Please don’t go off topic.”

Lu Shiyu would not care about the film and television issues of Wu Chao and others. It has nothing to do with him.

He cared about the records.

It’s a problem with Fahrenheit’s records.

He was actually the one who least wanted Fahrenheit to suspend its activities.

Because if Fahrenheit suspends its activities, it means they won’t release any albums.

If Fahrenheit doesn't release an album, Huayan will lose a key member.