"This is a decision made unanimously by the board of directors of our company," Mikayla emphasized. She didn't want to continue working with Lauren in the future, fearing any potential tarnish on the celebrity's reputation would be blown out of proportion. As a public figure, Lauren hadn't taken into consideration how her actions might impact the products she endorsed or the TV shows she starred in. That was her mistake. Whether Lauren would change in the future, and how long it would take, was her own business, not the Salvatore Group's concern.
Firstly, Mikayla didn't want to take any risks, and secondly, she truly was considering changing the endorser. She just wanted to use this incident as a way out of the contract. Lauren's endorsement fees were indeed too high. Wilson proposed a one-third cut in fees for this year, but what about next year and beyond? Therefore, she decided to take advantage of this situation to swiftly terminate the contract with Lauren.
"About the compensation issue, I carefully checked the contract. If the issue is from the artist's side, the artist will compensate our company for the endorsement fees for the past three years, and that was nearly 13 million dollars," said Mikayla.
"Ms. Salvatore, Lauren has been working hard to endorse the Salvatore Group's products for years. She deserves credit for her efforts. Isn't it a bit harsh to do this? Besides, her reputation hasn't been affected at all. Also, I've heard that you are preparing to launch a new product. A new endorser might not be familiar with the Salvatore Group's requirements right away. Lauren is the best fit." Wilson was determined to keep Lauren as Salvatore Group's endorser.
After all, endorsing the Salvatore Group is quite a lucrative deal. Not many companies would sign multi-year contracts with celebrities and agree to all conditions. Besides, Lauren is someone he has nurtured from the beginning.
"Next, I'm going to talk to you about the new endorser." Mikayla directly skipped the issue of terminating the contract with Lauren, which meant the termination was inevitable. She didn't want to waste much breath on this matter.
Quinnlyn and Patricia watched as Mikayla negotiated with Wilson. One had to admit that Mikayla's skills were top-notch, effortlessly leading the conversation. The topic was always dominated by her.
"Mikayla's eyes shimmered with a bright light as she continued. ""Our company's new endorser will still be one of your artists, but this time, we hope that you can carefully select a newcomer with self-discipline. I don't want a repeat of Lauren's incident. To show our sincerity in continuing our collaboration, we won't ask you to pay the 13 million dollars in compensation.""
"
Mikayla paused before she continued, "However, we hope that if by any chance Lauren's matter gets leaked to the public, your PR team will speak up for the Salvatore Group, ensuring zero impact on us. They could even use the incident to do some pre-launch promotion for our new products. I believe 13 million can buy us some good publicity. You won't miss out on such a great offer, right, Wilson?" With that, Mikayla's gaze locked onto Wilson. This was a surefire deal for Wilson; she was confident that he wouldn't refuse.
Wilson took off his glasses, pinched his brow, and after a pause, he made a decision. "Since you've said so, how can I say no?" He reached out his hand, smiling at Mikayla, saying, "I hope there will be a great partnership between us."
"Agreed." Mikayla shaked his hand.
"You can count on me. I promise to make up for this mistake with actions, not just words," said Wilson.
"Thank you," Mikayla said politely.
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