Yang Mi was quite calm and mature in the face of the hot topic of "300 million bets". She said in an interview that she did not know the specific source and details of these rumors, and pointed out that in the complex entertainment industry environment, various rumors and interest games are very common. Yang Mi did not directly confirm or deny the existence of the VAM agreement, but emphasized the understanding and coping strategies in commercial cooperation, that is, to look at the negotiation process and possible risks rationally, and if no agreement can be reached, then choices and trade-offs must be made.
In February 2023, when Yang Mi Studio responded to online rumors, the payment and official seal used by Yang Mi Studio did change, and it no longer represented Jiaxing Media, but adopted the name of Shanghai Yang Mi Film and Television Culture Studio, which indicates that Yang Mi has begun to gradually break away from the scope of influence of Jiaxing Media at the business level.
Shanghai Yang Mi Film and Television Culture Studio, as a wholly-owned enterprise of Yang Mi, further reflects Yang Mi's independence and autonomy in his personal career. Finally, on May 8 of the same year, Yang Mi officially announced the end of the cooperative relationship with Jiaxing Media, and the two sides said goodbye to each other amicably and wished each other smooth future development, which also marked the opening of a new chapter in Yang Mi's acting career and business map.
As one of the core artists and important shareholders of Jiaxing Media, Yang Mi has a high popularity and influence in the industry. For Jiaxing Media, her departure means the loss of a brand image with great market appeal and stable content productivity. The many film and television projects starring or participating in Yang Mi have not only gained good reputation and high ratings, but also supported the performance growth and market share of Jiaxing Media to a certain extent.
Yang Mi's termination of the contract may lead to the pressure of Jiaxing Media to adjust artist resources in the short term, as well as the weakening of the original IP value and brand effect. In the long run, the company needs to rearrange the artist matrix, discover and cultivate new top artists, so as to fill the gap left by Yang Mi's departure, and seek new business growth points to maintain and enhance the company's competitiveness and profitability.
In addition, Yang Mi's shares in Jiaxing Media and its subsequent disposal may also have an impact on the company's shareholding structure and market valuation.
Yang Mi's departure may trigger a series of chain reactions, affecting the company's business strategy, artist resource allocation, and market competitiveness. Therefore, Jiaxing Media needs to adjust and re-plan its future development direction to adapt to the challenges and opportunities brought about by this major change.
As for the rumors of "300 million VAM", it is reported that in order to introduce Shangshi Pictures, Jiaxing Media signed a VAM agreement, stipulating that it must make a net profit of 3100 million yuan, otherwise you have to buy back your own 200 million yuan of shares, plus 15% interest.
After several years of pressure, in the end, "Three Lives, Three Worlds, Ten Miles of Peach Blossoms" starring Yang Mi became a hit drama, bringing rich wealth to Jiaxing Media and making it successfully complete the bet.
By issuing a lawyer's letter, Jiaxing Media strongly denied the so-called rumors of huge arrears, and shifted the focus to the equity transfer dispute between the real estate group and Shenzhen Qianhai New Gravity Network Technology.
This arrears turmoil not only had a negative impact on Jiaxing Media, but also raised questions about the company's financial status and operation and management. Companies will have to face this challenge and take effective measures to address any potential issues, restore public confidence in them, and ensure the company's stable growth.
The change in the cooperative relationship between Yang Mi and Jiaxing Media provides a case worth pondering for the industry. In the entertainment industry, and in all areas of business, clear, unambiguous contractual terms and open and transparent business practices are essential.
Whether it is the investor, the company or the artist himself, he or she should fully understand and prudently treat the legal documents involved and the potential economic risks involved when carrying out any form of cooperation, so as to ensure that the rights and interests are effectively protected.
At the same time, this incident also demonstrates the core position of the principle of good faith in business activities. Only when all parties can uphold honesty, abide by their commitments, and respect the spirit of the contract can they build a stable and lasting business partnership, jointly resist market risks, and achieve the goal of mutual benefit and win-win results. This also provides important enlightenment for the long-term and steady development of China's entertainment industry and even enterprises around the world.