15 Nov – TV personality He Jiong recently reminded aspiring artistes everywhere to always be wary of the contract they signed with talent agencies.
As reported on Epoch Times, the mainland host, who appeared on his new variety show recently, spoke of his surprise over finding out the dark side of the entertainment business, specifically how some management companies make profit from these wannabe performers.
He stated that some companies would sign over 100 aspiring young performers in order to increase visibility and profitability of the company.
"As long as you can nurture one star, it's enough. The remaining 99 who couldn't become famous is equivalent of being abandoned by the company," he said.
He pointed out that these other 99 trainees who couldn't make it in the business would slowly wait for their time, and when they decide to leave the company to develop elsewhere, they are forced to pay liquidated damages to their agency that would amount at least RMB 500,000.
"In short, the company's final earning is through cancellation," he added.
He stated that it is important for these aspiring artistes to look at the contract closely before signing.
"For example, make sure to note clearly what would you do in the first year, in the second year, and if you will be able to play the lead in three years," he added.
(Photo Source: JD TV)