On the morning of September 27, Dawan Entertainment issued a business adjustment statement, and the company's business has undergone great changes.
The business adjustment statement pointed out that the contracts of the company's eight artists, including Zhang Xiaofei and Xu Juncong, have expired and will not be renewed. In the future, we will continue to cooperate in a different form, Big Bowl Entertainment will no longer be responsible for the artist business, and Director Jia Ling will continue to focus on content creation in the future and will no longer hold a position in the company.
The content is short, but it is very informative. There are two important points on the bright side of the black and white letters.
First, Big Bowl Entertainment will cut the artist agency sector, and the artists who have cooperated in the past will terminate their contracts, and they will not sign new artists in the future. In fact, it is not easy to say that it is simple for artist management, but it is not difficult to say that it is not difficult. The main job of an artist agent is to help artists find jobs, and then try to ensure that the interests of the company's artists are maximized and the best working conditions are obtained through the negotiation of various conditions.
Taking filming as an example, as a brokerage company and agent, you must assist the artist to recommend to the producer and director, help the artist check the script after receiving the project, then negotiate the schedule and salary, and sign the contract after finalization.
There are many details in the contract that need to be paid attention to, such as the daily shooting time, which is generally 12 hours or 14 hours, and it should be refined to the point where the time is calculated from the time when you go out of the hotel or from the on-site makeup; For example, with a car, whether it is equipped with a separate business car, RV, or both, whether it provides a separate toilet, and meal standards, etc. These are very meticulous work, and they are very tedious, so often big-name artists, the company will have at least one agent, one executive agent, and one or two assistants, and this fee is naturally paid by the company.
Seeing this, I believe you can understand that the company has a cost for signing an artist, and the labor cost is a lot, and it is necessary to pay wages to employees, so the company's resources and business development capabilities in the circle have become very important, not that the artist is a cash cow. Let's take Zhang Xiaofei, the "top" artist of Big Bowl Entertainment, as an example, "Hello, Li Huanying" made her successfully rank among the top of the film industry, but what? In the next three years, Zhang Xiaofei did not have a flood of film appointments, and participated in Shen Teng's unit works in "Me and My Fathers", with few scenes and more like friendship starring, and the salary was definitely not high; followed by "Exchanging Lives" during the Spring Festival in 2023, this time it is considered that Big Bowl Entertainment officially sent her to star in the movie, partnering Lei Jiayin, and the box office performance was very poor. Behind is the TV series "Good Things Come in Pairs" and the movie "Save the Suspect", and nothing else. The heart of the is not quite proportional to the output.
Key points, Zhang Xiaofei is the only head artist of Big Bowl Entertainment, he can be regarded as able to receive a job and the price is not low, other artists are basically waiting for the boss to feed him, like Liu Honglu, his creative talent is higher than his performance talent, and he is a member of the core creative team of Big Bowl Entertainment, so they have come to this day together.
With Jia Ling's personality and style of doing things, it is impossible to screen its artists, stay if they make money, and terminate the contract if they don't make money, then it can only be one-size-fits-all, all the artists under it will be terminated, and the artist brokerage business will be cut directly, so there is today's adjustment explanation. As for Zhang Xiaofei, with the relationship between the two of them as sisters, even if Jia Ling makes one film a year and finds Zhang Xiaofei to star, she will give a very low friendship price, which has no impact on creation.
Second, "Director Jia Ling will continue to focus on content creation in the future and will no longer hold a position in the company", in fact, this is a small smoke bomb, many netizens mistakenly thought that Jia Ling had also terminated the contract from the company, and even said "I thought that Big Bowl Entertainment was Jia Ling's, but it turned out to be not". These speculations are wrong.
From the company's information, it can be seen that Dawan Entertainment has 3 shareholders and 4 executives, and the registration in 2023 shows that it has 30 employees. Among the three shareholders, Jia Ling holds 65% of the shares and is the "beneficial owner". Among the four senior officials, there was no Jia Ling's name, and her partner Sun Jibin for many years was the company's director and manager, responsible for the company's operational affairs. In other words, Jia Ling is an absolute "hands-off shopkeeper", no matter whether she is in or not, when the company pays dividends, she has to take the lion's share for every penny she earns.
The deeper focus is not actually written in the business adjustment statement.
Jia Ling has achieved absolute financial freedom. That's why she can willfully cut off the company's artist brokerage business.
Wealth freedom is wealth freedom, why add the word "absolute"? It means that in the second half of Jia Ling's life, no matter how she tosses, she can't spend all the money.
Jia Ling, who lost 100 pounds in the filming of "Hot and Hot", will not allow herself to go back to being fat, which determines that she must maintain a low materialistic life, eating and drinking, big fish and meat, and dinner K songs, which have nothing to do with her, three or five sets of luxury houses and one or two luxury cars are enough, for people of her class, there will be sponsors to send clothes and bags to the door, daily expenses are actually quite limited, busy with work every day, Jia Ling's monthly living expenses will not be much more than normal people.
The biggest expense is creation. Employees' salaries must be paid, and during the pre-script creation and filming period, neither the company nor the individual has any income.
But this kind of expenditure is actually borne by the employer. Although Jia Ling's Big Bowl Entertainment also participates in film investment, it is more converted into investment shares based on creation, which is why Jia Ling's two movies Big Bowl Entertainment are not in the first place on the producer side, taking "Hot and Hot" as an example, the top four producers are Xinli Media, China Film Co., Ltd., Ali Pictures and Tianjin Literature, Big Bowl Entertainment ranks fifth, and it is her turn to pay?
Jia Ling makes movies and makes sure she doesn't lose money. Let's ask, how can Jia Ling's money be spent, doing a steady profit and no loss, this is not wealth freedom, what is wealth freedom?
The core question, how much money does Jia Ling have?
The specific number is in Jia Ling's bank account, only she knows.
But after so many years in the industry, Jia Ling must not be short of money, and only one "Hot and Hot" has brought her wealth that ordinary people can't earn in a few lifetimes.
As early as during the release of "Hot and Hot", some financial media reported that Jia Ling would at least share 200 million through this movie, which is conservative, after all, she can divide the money in four ways.
It is rumored in the industry that the production cost of "Hot and Hot" exceeds 300 million, and there is no action, special effects, or big scenes, why do you spend so much money? The answer is conventional capital operation.
Referring to "Mr. Red Carpet", the production cost is 260 million, the director takes 24 million, and Andy Lau's salary takes 60 million. When it comes to "Hot and Hot", her directorial fee will not be lower than Ning Hao, mainly for the "project development" cost of script creation, which will definitely cost more than 30 million, and the two add up to astronomical amounts.
followed by the starring remuneration, Andy Lau offered a salary of 60 million in "Mr. Red Carpet", and Jia Ling's salary will not be low according to this figure.
Third, don't forget that "Hot and Hot" uses a number of artists from Big Bowl Entertainment, including Zhang Xiaofei, and Big Bowl Entertainment has to share part of each actor's salary.
The fourth is the box office profit, the total box office is 3.46 billion, and the filmmaker's account share reaches 1.23 billion, even if the production and publicity costs of 400 million are removed, the final profit of the film will reach 830 million. There are 8 main producers of the movie, although Big Bowl Entertainment is only ranked fifth, but as the main creator, Jia Ling should occupy a larger dividend ratio, conservatively calculated at 15%, and the box office profit of 830 million can also be divided into 120 million.
With the addition of these items, Jia Ling earned more than 200 million through the movie "Hot and Hot". If you count the profits of "Hello, Li Huanying", Jia Ling has at least 400 million funds lying in the bank, she has capricious capital, and "small profits" like artist brokerage, don't do it.