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Chapter 129: Whatever happened, he would not be replaced (1)
Chapter 129: Whatever happened, he would not be replaced (1)
Chapter 129 – Whatever happened, he would not be replaced (1)
Lin Yiyi very much followed a routine in her daily life.
She would get up in the morning, make breakfast for her two children, and then take the two of them to school. It was only when she was especially busy with restaurant or office work that she would have Old Wang take them to school instead.
Once she dropped off the children, she’d head in to work at Xinri Media.
She was, after all, the boss and should show up from time to time and have some face time there.
In addition, whenever they were to develop a new project or invest in a new show, there would be risk assessment and meetings and she would have to make the final decision.
Lin Yiyi came from a pretty impressive background. Regardless of what the projects were, she could easily spring out some billions of yuan. With a boss like that, the employees under her were all very motivated when they worked.
When Tao Jiahui first came over, she did it mainly for Ms. Lin Ping’s reputation and her own interest in the entertainment industry.
Of course, her pay was an important factor as well.
Without a matching compensation, who’d want to get up early and work late to handhold a newbie with zero experience in the field?
Now that the company has started getting on track and the few initial projects were moving along, she could start delegating more from this point forward.
Tao Jiahui could finally take a breather.
Xinri Media went from quietly starting up to a few high profile acts immediately after. From their bold and prompt purchase of a couple of movie companies, their joint venture with Shengshi Entertainment, aggressively moving into the film industry, and their involvement in one new movie development after another, it had since gotten them a lot of attention.
A newly founded company and its very first investment was a 250 million high-budget production.
Nevermind whether the movie would make money, the filming of a high-quality movie would take at least 3 ~ 5 months. Throwing in post-production, screening, and marketing, etc, every step of the way would take time. A lot of time. And time, to movie producers, was money. Forget about 6 months, one would be lucky to break even in a year’s time.
Yet, not only was Xinri continuing with their investment; in fact, their pace was trending up…
As an investor of a movie that was budgeted over 100 million yuan, they would have to have invested somewhere between hundreds of thousands to millions of yuan. And that would add up. Xinri had invested in over ten movies. Any way one did the calculations, they would have invested upward of tens of millions of yuan.
And so far, they had nothing to show for it.
At this rate, it didn’t matter how much money they had, they would not survive more than a few months…
No new company would do such a thing!
Weren’t they worried that they would run out of budget and hurt the operation of the company later on?
The reason so many smaller companies were tethering on the edge of bankruptcy was because they were either still waiting on the return on their initial investments or that they had already lost all of their money.
Which begged the question, where did this company come from?
The entertainment circle was not that big and every entity was somewhat related in some ways.
As long as one wanted to look into something, there was no such thing as a secret.
It didn’t take long before everyone found out. Oh, that Lin Yiyi, she was an 18th tier actress…
Oh? Ms. Lin Ping, the female real estate mogul, was her mother? That’s awesome!
What?
Lin Yiyi stopped being an actress and now she has started her own film company?!
No wonder Xinri seemed to have an unlimited budget; their background was solid.
So, she has finally decided to stop messing around and take over the family business instead?