Entertainment: I am the peak

Chapter 217 Acquisition of Red Star House

It would be great if we could keep business as business and feelings as feelings.

But it's impossible.

Business and emotions are often intertwined and difficult to explain.

This is the case with Liu Yifei's agency contract.

Li Qiutang thought about it for a long time and considered many methods, but felt that they were all unreliable.

He thought about being ruthless and simply terminating the contract when his girlfriend did not renew it, but Liu Yifei might not listen to him on this matter. As he said, the relationship between Liu Yifei and Red Star House was too complicated and entangled.

I thought of many methods and rejected them all.

But indecision was not Li Qiutang's style, so he decided to take the simplest and most direct approach - to make an appointment with Chen Jinfei for a meeting.

When Liu Xiaoli learned that Li Qiutang wanted to meet Chen Jinfei, she was also surprised.

Li Qiutang explained: "Instead of thinking of this method or that method, why not talk openly? I am not a stingy person, and I believe Chen Jinfei is also quite open-minded. We have no conflict of interest, and no grudges. This is all for Xixi's good. There is nothing that cannot be discussed."

Liu Xiaoli had always tried to avoid having the two parties meet, but since Li Qiutang had brought it up, she had no choice but to agree to ask Chen Jinfei out for a talk.

Three days later, Li Qiutang and Chen Jinfei met for the first time at a reception hall of a golf course.

Liu Xiaoli had already told him in advance that Liu Yifei was dating Li Qiutang. When Chen Jinfei first heard the news, he found it incredible.

He didn't know Li Qiutang, and he also wanted to see what kind of man could win over Liu Yifei.

After all, Chen Jinfei is the elder, so he is the host today and Liu Xiaoli is also there.

Of course those rumors were all false, but when they really met, Li Qiutang still couldn't call him Uncle Chen, so she just called him Mr. Chen.

Today's topic is very clear, it is about Liu Yifei's agency contract.

Li Qiutang said politely, "You are Xixi's godfather, and no one can change that. You have taken good care of Xixi since she was a child, and Xixi has feelings for you, there is no doubt about that. I don't believe a word of the rumors outside."

This is the basis of the entire conversation.

"But to be honest, the focus of your career is not in the film and television industry. I don't think you have any plans to enter the film and television industry. I think it's better to leave professional matters to professionals."

Apart from using the name of Liu Yifei's agency, Red Star House really didn't do anything for her.

"And you, whether the Red Star House company exists or not, you are still Sissi's godfather. If there is no such company, you will not help Sissi? That won't happen." Li Qiutang appealed to her emotions and explained the situation to her.

Chen Jinfei was not unwilling to let go, but he was worried.

"How about this? You sell Red Star House to me, and you will still be the chairman of Red Star House, and the company will operate as usual. Xixi will still be a contracted artist of Red Star House, and she won't be in trouble. It will be easier for both you and me." This was the most comprehensive solution Li Qiutang could think of.

But Chen Jinfei asked him back: "Since everything is business as usual, why did you pay for the Red Star House?"

"Xixi needs a more professional team to handle her work. I'll pay for it so that I can have peace of mind and a legitimate reason.

"Of course, if you don't want to sell the company, let's talk about Xixi's film and television contract. I'm going to say something unpleasant, but you know the level of Red Star House's agency strength."

The Red Star House team is not very professional, which even Chen Jinfei admits.

Chen Jinfei was really considering what Li Qiutang said.

The Red Star House was not meant to tie up Liu Yifei, and Chen Jinfei had no such idea.

Li Qiutang was right. Whether there was a Red Star House company or not, and no matter where Liu Yifei's agency contract was, he was Liu Yifei's godfather, and no one could change that.

Chen Jinfei's work focus is indeed not in the film and television industry, and he probably won't get involved in entertainment industry affairs in the future. In this case, why use an unprofessional team to drag down Liu Yifei's future?

No one knew better than him what Liu Yifei had been through. As a godfather, he really hadn't done enough in some matters. Chen Jinfei said, "I have watched Xixi grow up. She is not my daughter, but she is like my daughter. The girl has grown up, and no one can control her."

Li Qiutang knew that today's deal was done.

"I'll sell Red Star House to you," Chen Jinfei said. "I own 80% of the shares, Xiaoli owns 10%, and the remaining 10% is in Zhang Jizhong's hands."

Chen Jinfei really doesn't understand or care much about the entertainment industry. Now someone wants to buy his shell company, and he seems to have no reason not to sell it.

"It's okay. Your 80% is enough. How much is it?"

"We'll talk about the money later."

The entire interview lasted less than half an hour, and Liu Xiaoli didn't say a word.

"Come on, I'll treat you to a game. Have you ever played golf?"

"No, today is a good opportunity for me to learn from you." If the deal is made, I'd be willing to play with you for a while.

Red Star House doesn't have many assets. The most valuable thing is Liu Yifei's agency contract, and it doesn't take any commission, so Red Star House can't be sold at much price.

Chen Jinfei offered a total of 2000 million yuan, and his shares were worth 1600 million yuan. Li Qiutang, in the name of Xiangjiang Haitang International, paid a full amount of 1340 million yuan in cash to buy 67% of Red Star House shares held by Chen Jinfei. Xiangjiang Haitang International became the largest shareholder of Red Star House.

Chen Jinfei still serves as the chairman of Red Star House and is in charge of the company's daily work.

Li Qiutang didn't say anything when she learned that Chen Jinfei still retained 13%.

Chen Jinfei's "cashing out and running away" naturally alarmed another major shareholder, Zhang Jizhong.

The bearded man was dumbfounded! He didn't know where Chen Jinfei found the Hong Kong boss to take over the company. This shabby company was actually worth 2000 million.

He wants to run too!

The bearded man originally thought that a boss like Chen Jinfei who was on the rich list would have no problem in the entertainment industry, but he didn't expect that Chen Jinfei had no interest in the entertainment industry at all, and Red Star House had not developed at all over the years.

The 10% shares he held were basically worthless pieces of paper. Of course, these shares were given to him by Chen Jinfei without asking for any money.

Now that Chen Jinfei has cashed out 1340 million and run away, how can he not be jealous? 10% can cash out 200 million, which is not a small amount.

However, Haitang International has already taken absolute leadership over Red Star House and does not want to spend 200 million to buy back the shares held by Zhang Jizhong.

Zhang Jizhong's 10% stake was not taken in vain, at least he helped Liu Yifei film "Demi-Gods and Semi-Devils" and "The Return of the Condor Heroes".

Zhang Jizhong cut his own price to only 170 million, but Haitang International still did not choose to repurchase.

What Li Qiutang wants is the control of Red Star House to keep Liu Yifei's dignity. He is not here to make Red Star House bigger.

After taking over Red Star House, Li Qiutang transferred the former financial director of Autumn Pictures to Red Star House as general manager to assist Chairman Chen Jinfei in presiding over the company's daily work.

When he returned to work after the holiday, the company's finance department came to him for his signature on an expenditure of 200 million yuan.

"What did you buy that cost so much money?"

"A film crew came to solicit investment, and Mr. Cao received them and gave them 200 million yuan."

"What drama?"

"The Piano in a Factory, directed by Zhang Meng."

Li Qiutang was stunned and said, "I won't sign it yet. Call him over and I'll talk to him."

(End of this chapter)