China Entertainment started from Nortel 2002

Chapter 958: Big Fluctuation in the Industry

Time passed day by day. During this time, it was Xiao Baozi's birthday. Because it was not the weekend, Liu Yifei did not bring him over. Li Mu finally celebrated Xiao Baozi's birthday in the video.

Time flies by and April is here.

According to the plan, "Changjin Lake" will be completed in May.

The bureau would occasionally call and ask whether it could be completed on schedule. After all, this movie was a major tribute film.

On the other hand, several films of Mengying Media have entered the preparation or shooting stage.

Guo Fan's "The Wandering Earth 2" has already started filming in a low-key manner, but as a major science fiction IP, no matter how low-key Guo Fan is, the day of filming still caused a reaction from the media, and many articles were published.

The audience basically all expressed their anticipation, while others lamented that the production took too long.

Rao Xiaozhi's side has entered the preparation stage, and the casting news that comes out from time to time also makes the industry excited.

After all, the influence of Mengying Media’s films is really huge, and they are mainstream movies with box office revenues of no less than 10 billion.

Industry insiders originally thought that April would be calm and they would just wait quietly for the upcoming May Day and summer vacation periods.

However, the Zheng Heng incident seems to be still continuing.

Because the public reported in the early stage that he signed the "Actor Employment Contract" to star in the TV series called "A Chinese Ghost Story", and the contract remuneration was 4800 million yuan.

His mother signed the "Equity Holding Agreement" and "Capital Increase Agreement" in June 2019, and increased the capital by 6 million yuan through its holding company Modou Jingyansha.

You should know that as early as June 2018, the Central Propaganda Department and other departments jointly issued a notice to strengthen the governance of sky-high pay, taxation, contracts and other issues in the film and television industry to promote the healthy development of the film and television industry.

The total remuneration of all actors and guests in each movie, TV series, and online audio-visual program shall not exceed 40% of the total production cost, and the remuneration of the main actors shall not exceed 70% of the total remuneration.

If the above contract reported by the whistleblower is true, then this contract not only evades the "salary cap order", but also evades national taxes by falsely reporting prices.

As a result, the First Inspection Bureau of the Magic City Taxation Bureau quickly stated that it had accepted the case and was conducting an investigation and verification in accordance with tax laws and regulations.

There are various voices on the Internet.

"."

Due to the huge public outcry and various factors, the General Administration quickly came out and expressed its position that the matter would be dealt with seriously before it was verified.

A stone stirred up a thousand waves.

At one time, many celebrity studios and affiliated companies were quickly deregistered. The scene seemed familiar, as if we had returned to 2018.

However, the listed companies in the film and television media industry are even more unhappy, because the familiar formula seems to have happened again.

"Damn it, it happens again." Wang Zhonglei started cursing.

You must know that a drop in stock prices is extremely fatal to listed companies that are already in poor operating conditions.

However, the worst hit is Didu Culture, which issued an announcement late at night on April 2021, 4, and has been officially subject to "other risk warnings" and included in the ST stocks.

This news really made people in the industry sigh.

"I didn't expect that."

Wang Changtian couldn't help but feel a little emotional on the phone. After all, everyone is in the same industry. Although colleagues are enemies, in the film and television industry, sometimes nothing is absolute.

Joint productions and the like are inevitable.

"In fact, Huayi should be similar." Li Mu immediately thought of Huayi Brothers. "They manipulated the company's financial statements to cover up the true financial situation and avoid being delisted. This is very common in the industry.

The imperial capital culture cannot be covered up. Huayi can probably hold on for a few more years if the current situation remains the same."

Wang Changtian was naturally very familiar with these routine operations. After all, the CFO would definitely give some feedback on such things at the meeting.

However, with the complete collapse of Didu Culture, Lu Xun, who was the most heartbroken, has given up begging and is now seriously filming commercials and some TV dramas.

Jiang Wen was enjoying his life leisurely at home. He was stunned when he heard the news.

"It has come to this point now." Jiang Wen couldn't help but mutter to himself. With the mentality of watching the fun, he asked someone about it.

"what happened?"

Seeing that Jiang Wen was somewhat happy, Zhou Yun couldn't help but ask out of curiosity.

"Well, it's nothing. I just didn't expect that Lu Xun would go to shoot a commercial to raise money. No, I have to share this with Lao Li. I think he will be interested."

Zhou Yun was also stunned when he heard this, and then he couldn't help but feel a little funny, but didn't say much.

Li Mu, who was filming, knew that Jiang Wen was calling. His assistant came over to remind him, but he couldn't answer it immediately, so he let his assistant answer it and told him that he would call back later.

The sky gradually darkened, and the setting sun had begun to clearly intersect the sky, illuminating the entire earth in its red glow.

After Li Mu shouted "click", he couldn't help but stretch.

He basically just needs to sit in front of the monitor or call the actors to tell them how to act, and the rest is handled by the team directors.

This also resulted in him not standing up many times throughout the afternoon.

"Oh, by the way, I forgot about that guy." Li Mu just stood up and thought of Jiang Wen's call in the afternoon. Then he took out his mobile phone and called back.

"The filming period was very busy." Jiang Wen said with a smile, "There was not even a break in the middle!"

"We'll wrap up in May. What do you think? Do you want to come and help?"

Li Mu couldn't help but smile when he heard this.

"Damn, you're still asking for help? Don't come to me. The last time you helped me, I almost became the fourth director."

When Jiang Wen heard this, he immediately refused and had no intention of helping even if he was beaten to death.

"Okay, if you don't want to help, then don't help. So, what do you want from me?"

Li Mu was also a little curious about why Jiang Wen suddenly came to him.

"No, that guy Lu Xun is now shooting a commercial, did you know that?"

"Advertisement?" Li Mu was stunned.

It is almost impossible for a film director, even if he is a successful one, to shoot commercials. This is a job done by directors who have no TV series or movies to shoot.

"Could it be that he went to shoot the commercial for his movie?" Li Mu thought about it and then thought of something.

"I heard that, who in the industry would dare to invest in his movie now?" Jiang Wen shouted in a loud voice, and then began to expose Lu Xun's past.

"You know what, after what he did, I'm quite interested in his movie. It's just a little ridiculous. Others may not know him, but I do. What's with him being in Bureau 749?"

(End of this chapter)