Only after being reborn did I realize how fascinating the world of the rich is.

Li Xiaofeng has a habit of planning ahead and reflecting, and he has also reflected on the crisis that Dingdian Media has just experienced.

After some thought, he offered Fang Huiya a suggestion: "Huiya, I suggest that the company's management provide more psychological counseling to the artists under their management. After all, these young artists are still inexperienced in the ways of the world."

Once they gain some fame and success, it's easy for them to become arrogant. We need to consider the realities of the entertainment industry and teach these young people some life lessons.

Fang Huiya said with a wry smile, "It's easy for you to say. This generation of young people are very self-centered and increasingly unwilling to listen to others' lectures. If you talk to them too much, they will get annoyed."

Li Xiaofeng said with a smile: "Of course I know that. People are all self-important. Nowadays, young people have better and better living conditions. They are all spoiled by their parents and have no sense of crisis. Of course, they will be more self-centered."

Our preaching actually serves another purpose: screening. Even the King of Hell can't save those who are destined to die. The entertainment industry is a place of fame and fortune; talent alone isn't enough, and those without emotional intelligence will find it difficult to go far.

Young people won't learn their lesson without experiencing the harsh realities of society. The film and entertainment industry is inherently unpredictable, and if we want stable profits, we must minimize this uncertainty as much as possible.

To eliminate this uncertainty, we should definitely prioritize using artists with high emotional intelligence and a high degree of cooperation. Even if they are slightly less talented, it won't be a big problem!

Fang Huiya smiled and retorted, "Didn't you say that the cultural industry should prioritize content? Only talented people can create higher-quality content."

"That's true in theory, but in practice, people's talents are often concentrated in a certain direction. For example, some people can act and have very high acting skills, but they are only suitable for playing a certain type of role."

Therefore, while the popularity and viewership of the lead actors are important, the director, cinematographer, editor, and supporting actors are also crucial. Only by putting the right people in the right positions can a good work be produced.

Good works are often formed by accumulating many good elements bit by bit. As the CEO of Top Entertainment, you need to have a holistic view, which is also a major reason why I emphasize reducing the salaries of lead actors.

"The problem is that some artists who are suitable for a role don't like signing with a company or being bound by its various conditions. In such cases, what should the company do?"

Li Xiaofeng said seriously, "When it comes to choosing important roles, the match between the role and the character must be the priority. If the work is not good, then neither the training of the company's artists nor the company's investment can be discussed."

The purpose of training artists is to make more effective use of company resources and reduce the production costs of films and television dramas. However, the overall quality of the production should not be sacrificed in order to reduce production costs; it is essential to distinguish between primary and secondary priorities.

Fang Huiya said with a wry smile, "If that's the case, then our company's own artists won't have much of an advantage, so what's the point of signing them with our company?"

At that point, many artists, after gaining a certain level of fame and resources, will likely leave the company for other companies, or even start their own studios to work independently. We'll truly be doing all the work for someone else's benefit.

"This problem can be partially solved by extending the company's contract period and increasing the amount of breach of contract penalties for artists. In reality, it's not as serious as you say."

In some big productions, especially some established IP projects, the casting of actors and actresses must be carefully considered because some of the characters need to match the temperament of the original work.

However, the casting requirements are not so strict in some fantasy dramas and urban dramas.

In addition, with external competition, the artists who have signed with the company will also feel a sense of crisis. They will not lie there waiting for roles and resources, and will therefore spontaneously work hard to improve themselves.

Ultimately, companies must be extremely selective in choosing artists, implementing rigorous screening at every stage, and establishing systems to govern all aspects of their talent pool.

After a discussion between Li Xiaofeng and Fang Huiya, Dingdian Media initially formulated some principles.

After Fang Huiya discussed these things with the company's senior management, they formed many institutionalized rules and even influenced the company culture of Dingdian Media.

With the continuous updating of its various systems and corporate culture, Vertex Media is developing in a thriving direction, while Meiyi Media, as its company size grows larger, is also facing many crises.

At the board meeting of Meiyi Media, Zhang Liang first criticized Cui Zhongxian, saying with great dissatisfaction: "President Cui, the prices of those artists you invited from Korea are too high."

Furthermore, the breach of contract fees paid by the company to poach talent from the top are excessive. At this rate, the variety shows produced by the company will be lucky to even break even, let alone make money.

Also, isn't it a bit too much copyright that our website buys from external sources? TopTV mainly produces its own programs, and it started making a profit in just two years.

If things continue as they are now, we won't be able to consider making a profit for the next three to five years!

At this time, Cui Zhongxian was very pleased with himself. He had taken control of the Qin Group, which was founded by Qin Kai, and together with Meiyi Media, which he had also created, he was now a rising star in the Shanghai business world.

He glanced at Zhang Liang, his expression arrogant, and said in a very domineering tone, "President Zhang, you need to have a broader perspective when doing things. We started later than the top, and they have already taken the lead in many film and television resources."

If we want to catch up and surpass them, in the early stages of the company's development, we must compete with them for resources and seize the market at all costs. Once we surpass them and occupy the market, we will naturally make a profit.

Furthermore, we're all smart people. Are we investing in Meiyi for the profit dividends? It's definitely for the equity returns after the company goes public. What do you think?

Cui Zhongxian's words resonated with many shareholders, who nodded in agreement with his views.

Following that, Luo Siqi chimed in, "President Cui is undoubtedly correct in terms of the company's strategic development framework, and has also achieved gratifying results in the specific operations of the company's development."

First, several top artists from the company have already left, and many established second- and third-tier artists have joined the company. In addition, with the artists that CEO Choi brought from Korea, the company has already made a name for itself in the variety show arena.

"You need to understand that in this sector, especially reality TV, Top Media previously held an absolute dominant market share, but from now on, Meiyi Media is making a strong entry."