Ch 119: A Capital Wagering Agreement? Why Don’t You Fly To The Heavens?

I chatted with Third Sister for a while, and we also talked about investment issues.

Third Sister is doing very well; everything is stable.

Young Master Cao doesn’t need to worry too much.

I returned to my room and took a bath.

I washed off the alcohol breath.

I turned on the computer.

I glanced at recent posts.

Ever since the ‘God of Stocks’ said “See you later,” the forum’s atmosphere of despair has become increasingly strong.

Now there are already some posts pleading for the God of Stocks’ return.

People are like this.

Only after losing something do you know what cherishing means.

Many of those who previously cursed the God of Stocks have shut their mouths.

During chats, the name “God of Stocks” is occasionally mentioned.

Whether there was a feud or hatred, those are things of the past.

Now it seems that the God of Stocks still has something.

Did he miss something?

It seems not.

Compared to those idiotic experts, the God of Stocks is definitely a breath of fresh air.

Although his insults were a bit harsh, thinking about it now, he only cursed those who spoke disrespectfully or cursed other experts.

The God of Stocks didn’t usually counterattack general doubts and curses.

All kinds of sentiments are accumulating.

The longer he is gone, the more people miss him.

But Cao Cheng still ignored it; he only browsed the forum and looked at everyone’s situation.

Seeing that everyone was doing poorly, Cao Cheng’s heart was relieved.

This is just the beginning…

Even if the decline is very large, it is still fluctuating above 4200 points.

4200 points, brothers, will be a rare high point in the future.

Wait a little longer.

It won’t be long before it hits 3000.

I’ll wait until it breaks 3000 before I come out to harvest some sentiment…

I fell into a satisfying sleep!

…

…

The next day,

a piece of gossip shocked half of the entertainment industry.

Talent shows have been very popular these past two years.

Now, suddenly, a ‘capital’ second-generation rich enters the market to make money; everyone can understand.

Making money isn’t shameful.

For example, last year’s Fast Men earned a full two hundred million Yuan.

There’s also continuous revenue from the top singers of the program, making continuous money. The profit margin is huge; who wouldn’t be envious?

What is the concept of 200 million Yuan?

There are no short videos now; it’s not an era where everyone has one hundred million Yuan, so 200 million Yuan is still very valuable.

Let’s put it this way,

the domestic movie with the highest box office this year barely exceeded 200 million Yuan, such as last year’s Transformers and The Warlords.

After the profit sharing, how many thousands could the investors earn?

So,

television stations with the ability are all doing talent shows.

“What?”

“What’s the matter?”

“Fifty million Yuan to hire program mentors?”

“To hire four mentors? That, that, that… wouldn’t that cost two hundred million Yuan in mentor fees? Is he crazy?”

“Adding program production, sound effects, labor costs, stage costs, promotion, etc., it would cost three hundred million Yuan?”

“Does Miracle Media have that much money?”

“This second-generation rich is an idiot! Why doesn’t he just go to heaven?”

As soon as the news came out,

many television stations’ entertainment departments were stunned.

They directly swore.

Last year’s Fast Men’s cost was reported as sixty million Yuan.

As a result, at the beginning of this year, everyone is still preparing new programs.

Miracle comes to stir things up, directly shouting three hundred million Yuan?

Are they crazy?

Miracle’s move is equivalent to destroying the market’s pricing system.

In layman’s terms, it’s artificially inflating prices.

So,

Miracle offered this price.

Shouldn’t the prices of other programs’ judges and mentors also rise?

We’re all in the same circle, with similar reputations and levels. We see each other all the time. If they get fifty million Yuan, I don’t want much; twenty million Yuan should be fine, right?

It’s not about the money.

It’s a matter of status.

This is what the entertainment industry values most!

Four judges for Fast Men, that’s eighty million Yuan!

It’s almost as much as last year’s production cost.

Damn it.

When did money become so worthless?

…

Insiders started quietly inquiring about the situation.

Seriously,

the news is completely accurate.

It was Young Master Cao, the legendary ‘idiot’ second-generation rich and the big boss of Miracle Media, who personally spoke, saying that if he couldn’t hire people, it’s because the money wasn’t enough.

Look at how domineering his words are!

Then, he directly increased the mentor fees to fifty million Yuan.

Is he using money like toilet paper?

Doesn’t he know that fifty million Yuan can create a program?

And there are also reports that Miracle Media wants to create the best talent show in China.

Other shows are garbage.

There was no concrete evidence for those latter remarks, but as the rumors spread, they became like this.

Can this be tolerated?

Several talent show production companies and television stations directly joined forces to spread the word in the industry, a form of soft ban.

They told everyone not to cooperate with Miracle Media, this nouveau riche.

Miracle Media’s program is doomed to fail.

“Old Yang, I know fifty million Yuan is a lot. Don’t even say you, even I’m tempted, but… this is a one-off deal. If we agree to this request, we will offend half the circle, and it will be difficult to survive in the future.” Yang’s agent was persuading and comforting him.

Yang gritted his teeth: “Talent show work is easy and pays well, more profitable than my concerts.”

“I know, I know, but Old Yang, we should have a long-term perspective. Think about it, Miracle Media has money, but even with a lot of money, it can’t withstand repeated losses.”

The agent analyzed: “The money the second-generation rich is spending is probably his family’s money. His family can’t be printing money, right? This time, he openly disrupted the industry’s pricing system and went against everyone. How many people has he offended? Who wants him to do well?”

“If this new program has poor viewership ratings, it won’t even attract advertisers.”

“It’ll lose however much money is spent.”

“Think about it, how many companies can afford to lose three hundred million Yuan at once?”

“Even the richest person would be severely injured.”

“So…”

“This kind of company is destined to be like fireworks, a momentary brilliance.”

The agent’s words made sense.

But,

Yang shook his head: “The higher the industry’s pricing system, the more beneficial it is to us. We shouldn’t help those people suppress Miracle. Even if we don’t cooperate, there’s no need to create a feud. We should even help push things along; it won’t hurt us.”

The agent was surprised: “I didn’t expect, Old Yang, that you would have such thinking. Very good, very good, really good…”

The agent laughed: “You’re right. The more you earn, the better it is for both of us, but first, we need to ensure that we can stay popular and survive in the circle.”

“Besides, Miracle’s raising of mentor fees has potential benefits. Other companies will also raise their fees to some extent, so don’t worry; I’ll help you negotiate this.”

“After all, you rejected Miracle twice. They said they’ll give you a judge/mentor position in this year’s Fast Girls.”

“Those young girls in Fast Girls, don’t you find them attractive? Hehehe…”

Yang also grinned: “Heeheehee…”

Every circle prioritizes interests.

Especially the entertainment industry, this land of fame and fortune.

If you don’t give fame, you must give benefits; this is a must.

So,

the several mentors who previously rejected Miracle must have received benefits; otherwise, only an idiot would refuse.

This time is the same.

Although they offered fifty million Yuan, they invited Yang and Sun again.

These three seemed to hesitate for a while.

But in just two days, they rejected it again.

It was expected.

…

Miracle.

Sister Ali called Cao Cheng and recounted the situation.

Cao Cheng smiled: “I guessed it. Continue with the next plan, and then you can openly come find me, and we’ll continue to add fuel to the entertainment industry’s fire.”

“Yes, Boss,” Sister Ali hung up the phone.

Soon,

a rumor spread throughout the circle.

Sister Ali personally called various friends; she spread it.

This is equivalent to an official announcement from Miracle.

“Fifty million Yuan in mentor fees, first come, first served. There are only four positions available. Those interested can contact Miracle Media privately.”

“In addition, cooperating television stations for variety shows will also receive corresponding profit sharing. A wagering agreement will be signed. If the viewership rating does not reach 2, and the average viewership rating cannot rank first in the entire time slot, compensation of one hundred million Yuan will be given to the cooperating television station!”

“I’m not targeting anyone; I’m talking about all the talent shows currently on air; they’re all garbage!”

Arrogant, domineering.

In short,

money paves the way.

A typical nouveau riche temperament.

It made the insiders feel like they had eaten shit.

Among the current industry tycoons, who can earn this much money?

Throwing this much money at one program?

Are they even letting others play?

And they even dare to sign a wagering agreement with the television station?

This is what the television station’s variety show department likes the most. They’re guaranteed to earn from one program, and then if the viewership rating meets the target, everyone has performance achievements.

Even if the target isn’t met, there’s still the wagering agreement for one hundred million Yuan.

No matter how you think about it, it’s not a loss!

The term ‘capital wagering’ is still quite novel in China.

In China, the first instance of capital wagering was only a few years ago; it was Morgan and Mengniu.

It is said that they won four hundred million Yuan.

But looking at the loser, they also gained a lot in the end; the Hong Kong stock market soared.

A win-win situation in the end.

So,

in the entertainment industry, this is still a novel thing. Many television stations’ variety show departments have started to show some movement.

Various news spread, and television stations across the country were contacting Sister Ali to inquire about the wagering situation.

This made other entertainment companies a little numb.

But it seems they can’t suppress it anymore.

After all, it’s not a hard ban. Everyone is in a cooperative relationship, or they are just watching from the sidelines.

When there’s profit to be made, who isn’t the first to jump in?

A single piece of news directly caused this alliance of villains to virtually disintegrate.

Money can truly make you do whatever you want!

However…

The matter wasn’t over.

Several tycoons raised questions.

“Does Miracle really have that much money? Three hundred million Yuan here, one hundred million Yuan wagering there…”

“I wouldn’t even dare to burn that much money as offerings to the deceased.”

“Isn’t Miracle just bragging?”

Regarding everyone’s doubts,

Miracle quickly responded.

Sister Ali personally went to Wealthy Bay to find the second-generation rich boss of Miracle.

The news that spread was that the second-generation rich was very arrogant, directly showing a bank card with three hundred million Yuan in cash.

Although this is a private account and cannot be confused with the company’s public account,

it also indirectly shows that the second-generation rich is truly wealthy.

Who would have three hundred million Yuan in cash lying idle in a bank card?

Don’t they know how much money they would lose every day?

Those with connections checked, and indeed found from a commercial bank that the second-generation rich was indeed very rich, and the three hundred million Yuan was real.

Now…

let alone the television station’s variety show department, even the tycoons swallowed their saliva.