It is reported that Beijing Long Tao Entertainment Culture Co., Ltd. recently had its bank deposit of16.49 million frozen due to an insurance dispute. The applicant is Linghe Culture Media (Shanghai) Co., Ltd. According to the enterprise information, Z.TAO is the largest shareholder, actual controller and ultimate beneficiary of Long Tao Entertainment.
Linghe Culture Media (Shanghai) Co., Ltd. is a film and television production and production service provider. It has produced such works as Old Nine Doors, Night Man series, Rider series, Ghost Blowing Lights, Tomb Raider Notes, etc. Its actual controller, Bai Yiqi, is a producer and director.
Earlier, it was revealed that Z.TAO would take over the family business.
Long Tao Entertainment was exposed this time, which inevitably reminded netizens of a news report a few days ago. On April 30th, some netizens broke the news that Z.TAO had dismissed the employees of Long Tao Entertainment Company and recommended his young son to other companies, so he would gradually fade out of the entertainment circle and take over the family business.
At the same time, the netizen also broke the news that Z.TAO has gradually taken over the family business since his father died, and he was still in the entertainment circle some time ago in order to complete some entertainment contracts signed before his father died, and he has not received any notice since then.