Huang Tingting announced that she officially terminated her contract with Siba and paid 3.5 million liquidated damages with the help of relatives and friends
I remember that Mr. He Jiong said before that many entertainment companies specialize in earning termination fees for artists. They don't care about three seven twenty-one and directly sign a large number of artists. And then it doesn't care about you and doesn't hold you either. When you can't stay up and want to leave, you have to compensate the company for a large amount of liquidated damages.
Many people just can't afford the liquidated damages, and they can't leave if they want to, which is very uncomfortable. Of course, not only entertainment companies, it is said that the anchor who signs a contract and dares to breach the contract and jump ship, but also has to be claimed by the platform for liquidated damages, and this liquidated damages are terrifying.
On June 29, Huang Tingting issued a document announcing the official termination of her contract with Siba. Many people may not remember Huang Tingting, she was a member of SNH48. In 2019, she issued an article announcing the termination of her contract with Siba, on the grounds that the agency did not plan her acting career according to the contract, and repeatedly used concealment and deception to prevent her from participating in activities and shows.
But what agreement did Huang Tingting sign, and this termination of the contract Siba naturally wanted to find her for liquidated damages. Huang Tingting said that this time, the default metal offered by Siba was sky-high, and finally compensated 3.5 million yuan after negotiation. The 3.5 million Huang Tingting naturally could not be taken out, and it was completed with the help of relatives and friends.
When Huang Tingting was sued by Siba for enforcement before, she was only found out with 90,000 assets. That is, it took so many years to work for Siba, only to make so much money. When he finally left, he would leave 3.5 million left.
Therefore, it is not easy to be an artist, no wonder so many stars are willing to open their own companies rather than work for others.
