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Chapter 204 - 204 204 Movie Mogul!

204: Chapter 204: Movie Mogul!

204: Chapter 204: Movie Mogul!

Tianyuan University.

Wu Jie dropped Tang Xin off at the university gate.

Watching the campus belle, who haunted his dreams, step out of a Mercedes, many hearts shattered.

Jealousy and envy provided Wu Jie with a wave of energy points.

Back on the road, Wu Jie navigated towards the film and television city.

According to reliable intelligence, the subsidiary, Tanglong Culture Media, had serious corruption issues.

But strangely, so far, not a single person had come forward to confess.

“A new broom sweeps clean!

Watch me burn these bastards to the ground!”

While he was cursing under his breath, Yu Hui called.

“Mr.

Wu, Shi Cheng and I have already arrived.”

“Proceed with the investigation as before, I’ll be there in twenty minutes!”

“Okay, I understand.

Then, take your time!”

…

Tianyuan Film and Television City.

Tanglong Culture Media, established just five years ago, is located in the industrial incubation park, occupying a seven-story office building all to itself.

President Tang initially wanted to create it as a ‘literary group,’ to hold art performances, and entertain the employees of the group.

The result was not profitable and also meant supporting a whole bunch of people, which was too costly.

Introduced by others, President Tang hired Wang Taixiong, who had been mixing in the entertainment circle for a long time, as the General Manager.

Upon his arrival, Wang started by investing in movies and TV dramas, then began recruiting and expanding the business scope.

Advertisement production, filmmaking, TV drama production, equipment rental…

In just five years, the company’s performance skyrocketed, becoming Tianyuan’s largest cultural media enterprise.

And Wang Taixiong became well-known as a big shot in the film industry!

Today.

When Yu Hui and Shi Cheng brought a team for a surprise inspection, the company was somewhat surprised but not panicked.

General Manager Wang Taixiong gathered department heads in the meeting room, chatting and drinking tea with Yu Hui.

Vice General Manager Huang Siwei, on the other hand, fully cooperated with Shi Cheng’s audit investigation.

All departments, all personnel, all records…

open for investigation!

Inside the meeting room.

The air was thick with smoke as everyone chatted and laughed merrily.

And the new Director, Wu Jie, naturally became the topic of heated discussion.

“Strange!

Mr.

Wu isn’t trained in law or accounting, and he was previously in technology.

How did he suddenly get into inspection?”

“Does inspection need professional skills?

The board cares about loyalty, and who could be more loyal than the chairman’s son-in-law?”

“Oh right, right, right, I actually forgot Mr.

Wu is the Tang family’s son-in-law.”

“Remember Mr.

Wang also attended the engagement party, even posted photos on his social media.

Truly a match of talents and beauty!”

…

While the crowd chatted casually, Yu Hui occasionally chimed in.

He was more attentive to every move Wang Taixiong made.

Wang Taixiong was diligent in exercise, maintaining a well-proportioned body that was neither fat nor thin.

Handsome in appearance, wearing rimless glasses, he exuded a refined and extraordinary demeanor.

At first glance, one might think he had been a devoted teacher for many years, emanating a natural approachability.

But Yu Hui was very clear in his mind that this guy was a typical case of a smiling tiger with a heart of a beast.

Time ticked away…

and Wu Jie still hadn’t arrived.

Yu Hui knew that the routine inspection would never uncover any issues.

How could Wang Taixiong, with his many years in the entertainment circle, make such careless mistakes on contracts or similar documents?

Before long,

there was a knock at the door, and the front desk secretary brought Wu Jie in.

“Mr.

Wang, Director Wu has arrived!”

“Serve tea!

Brew the best tea!”

With a loud shout, Wang Taixiong immediately got up, beaming as he strode forward and firmly shook Wu Jie’s right hand.

“Director Wu, I’ve been eagerly awaiting your arrival!”

“Ever since Dou Cheng’s crime, all the subsidiaries of the group have been implicated.

Although we don’t have any corrupt elements here, we’re still being criticized!”

“Some people say I’m coddling my own, and there are even rumors claiming we’re all a nest of snakes and rats here, oh boy, there’re all sorts of rumors!”

“With you coming to inspect and guide our work, everyone in our company is thrilled…”

…

Wu Jie’s face was all smiles, but inside he was cursing.

Wang Taixiong’s sharp tongue, damn it, was like a machine gun, firing non-stop.

He kept talking a mile a minute while gripping Wu Jie’s hand, shaking and trembling.

What, trying to screw my arm off, huh?

Finally, after he finished talking, Wu Jie withdrew his hand and swept his gaze across the entire conference room, saying indifferently:

“Let’s start with the routine report!”

“Sure!

Please, have a seat.

I’ll just report to you the work we’ve done from January to May this year!”

No sooner had Wu Jie sat down than Wang Taixiong went full throttle.

Bang!

Wu Jie pointed to the chart and asked, “Mr.

Wang, are actor salaries really this high now?

The total investment is less than one hundred million, yet the lead actor and actress together are taking forty million?”

Wang Taixiong chuckled and said, “Mr.

Wu may not know, but high actor salaries are a hallmark of the entertainment industry, and the bigger the name, the higher the salary.”

“Although everyone knows that stars take too much in salaries, putting a strain on other funds and easily leading to lousy productions, there’s no helping it.

Without stars, there’s no popularity or traffic!”

Wu Jie nodded slightly and asked with a smile, “So how long did the two of them shoot for?”

“About a month or so!”

“Damn!”

Wu Jie exclaimed in shock, “Earning twenty million a month?

Are they freaking robbing a bank?”

Wang Taixiong laughed, “It’s more than twenty million!

Besides filming, they also find time for endorsement ads, and participate in variety shows…

It’s really faster than robbing a bank!”

“There’s no way around it!

Without big shots to guarantee TV ratings, the networks won’t buy dramas.

And for movies, without star-studded fan support, it’s hard to secure box office performance, so…

that’s why salaries are rising with the tide!”

Wu Jie snorted coldly and asked, “But their fame isn’t that great!

How exactly is this forty million salary calculated?”

Wang Taixiong quickly explained, “Though they’re not internationally renowned A-listers, they do have a considerable number of fans among those born in the 90s and 00s in China.

A twenty million salary for a single person isn’t considered high in the industry!”

“Is that so?”

Wu Jie flicked away some ash, frowning as he asked:

“Then why in the chart do their assistants have to receive compensation as well?

And three million at that—higher than President Tang’s secretary’s salary!”

“Uh…

‘assistant’ is a term that includes makeup artists, security, drivers, etc.

A three-million expense for assistants on a film is very common in the industry.

For big productions that hire top stars, the cost can be even higher!”

…

High actor salaries?

That’s the industry norm.

Huge filming expenses?

It’s because prices are steep.

Exorbitant promotional costs?

That’s the going rate.

Each of Wu Jie’s questions turned into the industry standard when it came to Wang Taixiong’s mouth.

Just as the work report was finished, Shi Cheng’s audit had also concluded.

“Report to Mr.

Wu, compensation and benefits, office expenses, project income and expenditures…

everything is normal, no issues found!”

Wu Jie nodded slightly, “You all go out first; I want to have a private talk with Mr.

Wang.”

Everyone rose to leave, some with the smile of victors, their eyes barely concealing their smugness.

Yu Hui deliberately lagged behind, closing the door personally.

Slam!

Wu Jie lit a cigarette, blew a smoke ring, and squinted at Wang Taixiong with a measuring look.

“I heard Mr.

Wang has been lobbying the board, wanting to spin off the company for a separate IPO?”

Wang Taixiong said with a smile, “An IPO is great, right?

It can make shareholders’ assets soar, and the company can sell shares to raise a huge fund for filmmaking.

Then we can start on big productions for the New Year and summer blockbusters.”

Wu Jie smiled and said, “IPO reviews are strict; aren’t you afraid of getting exposed?”

“Exposed for what?

My dealings are squeaky clean!” Wang Taixiong declared confidently.

Wu Jie smirked and said, “Dual contracts, kickbacks — you’re telling me you haven’t taken any?”

Bang!

Wang Taixiong’s eyes turned cold, emitting a chilling glare…