Becoming a great entertainer started with being cyberbullied.
Chapter 123 Breaking the Stalemate with an Unexpected Move
Money was a big problem, giving Fang Ruoxi a huge headache.
She first checked the system to see if the points could be converted into cash.
Exchanging points for money is undoubtedly a huge loss, but in a crisis, it's necessary to get through this difficult time first.
However, after thoroughly searching the system store, there was still no option to redeem points for cash.
Zhang Xiaomeng swiped her employee card to open the access control to the 11th floor. Before the door even opened, she could hear a commotion inside.
"Do you think a company as big as ours would default on its debts?"
"The network is stuck. Please transfer that file again!"
"Which one? Damn! I just transferred over a dozen files!!"
"Ugh! Stop forwarding it! Forward it in private messages! Don't forward it to the department group chat!! The group chat is already flooded with files!"
Taking advantage of any opportunity, one could even hear Minister Wang's loud shouts from the public relations department:
"Public relations department, stay calm and don't panic. Just remember, no matter what you say, good or bad, steer the conversation toward 'Acacia'!"
This is the downside of second-generation rich kids starting businesses: they just poach top talents from all fields and pile them into their own companies.
When nothing is wrong, everything looks beautiful and lush.
When trouble arises, each of the key figures becomes a mess, each doing their own thing.
Seeing Fang Ruoxi arrive, Wang Xi breathed a sigh of relief. "President Fang, we're fine on our end. We can contact the big entertainment gossip accounts on blogs when the time is right and release the evidence piece by piece, but right now..."
Before Minister Wang could finish speaking, the Finance Minister had already arrived.
"Mr. Fang, how about we call the legal department and talk in the office?"
The head of the legal department is a retired lawyer. Despite always carrying a thermos, his phone is full of calls from the Supreme Court judges.
Fang Ruoxi nodded, and the group went directly into the small conference room.
The finance director got straight to the point: "President Fang, the platform is pressing us for payment, and we don't have that much money in our accounts."
“I originally wanted to borrow some money from Mr. Zou, but now… the Zou family is also in trouble.”
Several ports have been reported for smuggling.
The police have opened a case, and all of the Zou family's accounts have been frozen.
After this series of moves, everyone present could see that this was clearly a setup... The reason, of course, was simply that someone had threatened someone else's interests.
While they couldn't openly destroy Lighthouse Entertainment and Fang Ruoxi continued to climb to the top by stepping on it, the big oligarchs and capitalists in the entertainment industry were incredibly adept at using underhanded tactics behind the scenes.
The old man from the legal department, holding a thermos, also offered a suggestion: "I just reviewed the contract we signed with the Hot Songs Chart platform."
“The request for a refund is reasonable. If we don’t comply, and the other party really takes legal action, then we’ll have to pay a sum of money…” The old man paused for a moment, then said the amount of the ‘astronomical penalty’, “It’s about a billion yuan.”
“Once legal proceedings begin, and the case is categorized as malicious default... given the amount involved, it would be easy to sentence you to five to ten years.”
The penalty for breach of contract on the Hot Songs Chart platform is calculated as ten times the song's revenue.
Fang Ruoxi has made money from how many songs on the platform; if she breaches the contract, she will have to pay compensation ten times that number.
After hearing all this, Fang Ruoxi understood how the "Big Three" had made their moves this time.
They are probably aware of their own plan to clear Geng Bin's name, and they are well aware that Geng Bin's matter is very easy to clarify in today's social media environment.
The era of bribing major newspapers to control media direction is over.
Once Geng Bin's case is brought to light, the things they did back then will have nowhere to hide.
But Tianyin didn't care. They went straight for the kill, trying to get Fang Ruoxi arrested in one fell swoop.
This series of interconnected schemes, starting with a single frame, directly aims to destroy the person.
The old man from the legal department said seriously, "Therefore, my opinion is that it's best to raise the money today to avoid your opponent using the platform's contract to pursue legal action."
Fang Ruoxi nodded, then looked at the finance minister.
The finance minister immediately reported: "We have just finished compiling the statistics. All the songs that you profited from on the hot song chart have generated a total profit of over 110.524 million over three months."
"The platform takes a 40% cut, so in reality, after tax we only get about four thousand units. There are various other costs involved... but that's not important. The most important thing is—"
"The contract for that popular song chart clearly states that if we encounter this situation, we not only have to give back our 4% share, but also refund the platform's 6% share!"
Even after the clarification, the finance minister still wouldn't dare gamble that the refund would come back!
Zhang Xiaomeng, who was on the side, became more and more panicked as she listened, and felt as if her vision was going to go black.
Fang Ruoxi sat there, her face showing no sign of panic.
"How much do we have left in the books?" she asked calmly.
"The company has very little working capital, only a little over eight million yuan. This is enough to cover the salaries of all employees and the company's operations for the next two months."
"There's another sum of money, about five million, but this money is for Director Zhou's filming. We can come up with it, but the web series on Director Zhou's side will have to stop filming."
"All in all, we can only come up with less than 20 million."
Fang Ruoxi nodded, knowing that she needed to raise 9000 million yuan by the afternoon.
She nodded. "Okay, I understand. I'll figure out the money problem."
Then, she looked at Minister Wang, who hadn't said a word, and said, "Just follow the plan for the public relations department. You don't need to worry about anything else."
"Be careful not to lose your rhythm. Make the most of the evidence we have and maximize our benefits. Our goal is still to stir up the emotions of netizens."
Minister Wang truly admires Fang Ruoxi this time.
This is such a huge mess, how can she still sit still like this?
Is it carefree attitude or just giving up?
Don't be fooled by how many famous celebrities talk about their net worth; when it comes to cash flow, no one can come up with 100 million in just half a day.
Even large companies don't have that much cash flow on their books.
Even though she's about to be framed and arrested, she's still thinking about using public relations to turn things around...
Ah, no, let's just say, even if you're exonerated, what does it matter what the people's will is? If you can't come up with the money, you'll fall into someone else's trap, and if you have to go through legal proceedings, you'll still be sentenced!
Or is Fang Ruoxi planning to turn things around and then pay back the 10 billion yuan penalty for breach of contract?
isn't it?
Wang Xi's lips twitched.
Even if the entertainment industry is lucrative, it's not like it's a money-printing machine, is it?
Outsiders think the entertainment industry is a lucrative business, with any movie grossing billions at the box office. But with layers of revenue sharing and exorbitant taxes, how much of that money actually ends up in their hands?
This is evident from the fact that the hot song chart lost money this time.
It looks like they can make a lot of money, with so many songs and a sales volume of 100 million in a few months, but after the revenue sharing, they only received 30 million.
You can get compensation, but they'll make you pay the full amount.
In short, Minister Wang is not optimistic about this matter.
He wiped his face, feeling that the company was doomed.
But, as the saying goes, "If you're going to do your job, you'll do it every day." "Okay, I'll keep an eye on it right away. Don't worry about the public opinion, Mr. Fang."
The department heads were paid according to their pay, and none of them were truly concerned about the company's future.
When this temple falls, another one will take its people away.
After the others left, Fang Ruoxi stood up and walked to the window, seemingly deep in thought, but in reality she had already entered the system to check all the points she had.
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