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Back To 2005 - Chapter 689

Published at 19th of January 2023 05:35:49 AM


Chapter 689: everything is perfect

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  Chapter 689 Everything is perfect

  This Blue Whale Entertainment meeting is related to the establishment of a new large-scale video website.

  As for why it is called a large-scale video website, it is only because the partner is TX, which is rich and powerful but its stock price has plummeted, and TX, which still has good capital flow amid the economic crisis.

  In Zhou An'an's memory, it will be many years before video sites really enter the era of the four giants.

  In his previous life, when he went home from Nanhai to set up a training department in a fit of anger, TX video had just appeared at that time, and the video websites were still dominated by Youku, Tudou, Aimouyi, and Xishi.

  Afterwards, Xishi continued to die, forcing himself out of the ranks of giants.

  Youku and Tudou have merged into one, and Balibali and TX Video have come from behind. Together with the steady development of Aimouyi, they have become the new Big Four.

  However, at this point in time, Aimouyi and Balibali have not yet appeared, and the opponents are not yet strong.

   That is to say, if the current Blue Whale Entertainment and TX jointly build a video website, the biggest opponents are Youku, Tudou, and Xishi, which also owns many film and television drama copyrights.

  In other words, from the very beginning, Xishi, which is ambitious to be the boss and has been buying online copyrights of film and television dramas, will be their most threatening opponent. After all, it is still in a period of vigorous growth.

  The other two Youku and Tudou, who have not yet started to pay attention to the online copyright of film and television dramas, are destined to go downhill.

   "The major shareholder is here, let's get started."

  At half past ten, seeing Zhou Anan coming in, Feng Jiming, who was sitting at the round conference table, said something with a smile.

  This meeting room has always been a special meeting place for the four major shareholders of their company. Everyone sits around a round conference table, regardless of size.

   "Everyone knows the basic situation, Brother Feng, let me tell you about the budget for investing in video websites."

  Knowing that the other two shareholders were clear about the basic situation, Zhou Anan didn't waste everyone's time after sitting down and chatting with a few people, and got straight to the point.

"Okay, let me introduce briefly. What you have now is the video website resources that our company currently owns. We previously spent 15 million to acquire Liangliang Video Network. Although there are rumors of an economic crisis, but because of the upcoming establishment of the Internet Copyright Association, Its value has increased slightly by 5 million; the film and television drama rights we invested 43 million before are now valued at 130 million.”

   Asking Secretary Chi to deliver the three documents to the other three shareholders, Feng Jiming talked about the cooperation.

"I had a chat with Mr. Chen from TX before, and planned to build a new video website with an initial capital of 500 million yuan. TX will provide 300 million yuan of funds. We will use Liangliang Video Network and the copyright of film and television dramas as shares, and the price will be 150 million yuan. , and an additional 50 million funds are needed.”

   "In terms of equity distribution, TX needs 51% and we can get 49 points"

   "Basic situation, that's it."

  Compared with the sorted documents, Feng Jiming introduced the basic content of the cooperation, concise and to the point, but it took seven or eight minutes.

   After all, this is a large cooperation project involving an investment of 500 million yuan, so it is not too much to pay attention to.

  Currently domestic entertainment companies are valued at hundreds of millions, billions or even tens of billions, but few of them can spend 200 million at a time.

   Not to mention investing in the construction of a video website that is currently said to be a loss-making industry, Blue Whale Entertainment is the only one.

   "What name is this video site going to change?"

  Did not veto this basic cooperation plan, Yu Xianer was concerned about the name of the new website.

   "It hasn't been decided yet. This needs to be discussed after both of us have passed the cooperation case."

"I have no opinion."

"I agree."

   "I have no objection."

   Seeing that the rest of the shareholders have no objections, Zhou Anan naturally has no objections. Anyway, his own equity cannot determine the company's major decisions.

   It's just that Zhou An'an, who has entered the video website industry at this point and knows the future development of this industry, knows that he must be mentally prepared to invest money in it without making a profit for several years in a row.

   To cultivate hundreds of millions of paid membership users, it is not something that can be done overnight.

   What's more, even if there are hundreds of millions of paid membership users, TX Video after many years is still shouting for losses every day.

   That is to say, for a long period of time in the future, Blue Whale Entertainment will lose a lot of profits because of this video website.

   Fortunately, he now has enough funds to buy a house. If the short-selling team in Hong Kong City can make some money, he doesn't have to stare at the dividends of Blue Whale Entertainment every day.

   "Mr. An, do you have any ideas?"

   Hearing the reluctance of the major shareholder, Feng Jiming looked at the other party and asked.

  “.”

   Looked suspiciously at General Manager Feng who asked a little strangely, Zhou Anan was a little speechless.

  He said the same thing as the other two shareholders, so why ask him alone, what do you mean?

Looking at General Manager Feng for two seconds, and then looking at the questioning eyes of Miss Yu and Young Master Li, Zhou Anan explained helplessly: "According to the current profit model of video websites, it will take at least several years to make a profit. In the next few years, we will invest a lot of money every year to maintain and expand the website. The biggest advantage is that our company's film and television dramas have a platform that can be exported online, without being controlled by others."

   "I don't think there is any problem. Now my US Open is burning 2 million US dollars a month, and the market value is still rising. Even with the current economic crisis, most of them are people giving money."

  Hearing the younger brother's worries, Yu Xian'er didn't take it seriously, and gave an example of a gourmet food delivery website under her hand.

  “.”

   Seeing Ms. Yu talking about this, Zhou Anan didn't know whether she was relieved or regretted.

  Knowing that someone sent money to burn, he should have invested some original shares, but now it is too late to say anything.

   "Then if everyone has no problem, I'll ask someone to contact TX to set up a new video website as soon as possible."

  After listening to Miss Yu's description, the ambitious Feng Jiming was ready to do something big.

  As a man who aspires to be an entertainment giant, how can he not have an output platform after he has film and television production resources.

  If you have money, it would be even better to invest in a theater to output movies produced by your own company.

  The best thing is, if you buy another Star TV station, you can even control the ratings of the TV series in your own hands.

   Then, everything is perfect.

   "I heard that there is something wrong with the rented house at Huaman Film and Television?"

  When General Manager Feng fantasized about one-stop control of the entertainment industry, Yu Xian'er asked Li Shucheng next to him.

  Although she already has quite a lot of property under her hands, Yu Xian'er, who is good at distributing the power in her hands, does not handle many affairs every day due to the influence of her younger brother's abandonment of the shopkeeper.

  Therefore, Yu Xianer is also concerned about the issue of acquaintances.

   Moreover, it is not an outsider's business that Blue Whale Entertainment holds a one-third stake in Huaman Film and Television.

   "Well, there is a little conflict with the property management side."

  Speaking of this matter, Li Shucheng said briefly, but excused a few words for his current girlfriend.

  Strictly speaking, among the resources currently in the hands of Blue Whale Entertainment, only Huaman Film and Television, which has just moved to Hangzhou, has been in need of investment and has not yet seen output.

   Now that he has encountered some small troubles, Li Shucheng is afraid that several shareholders and friends will doubt his girlfriend's ability.

   "If it's about renting a house, then change the address of the company. Now there are many office buildings that have just been built in Xiasha, with cheap rent and convenient transportation."

   After recovering from the fantasy, Feng Jiming made a very constructive suggestion.

"I also talked about this with Xin Lan. She is also considering how many prefecture-level cities are building industrial parks. Xin Lan thinks that they can develop in prefecture-level cities. On the one hand, the company's expenses can be reduced, and on the other hand Several current projects could be developed with more funding.”

   Taking advantage of the presence of several shareholders, Li Shucheng also talked about the current situation of Huaman Film and Television.

   "Dididi"

   "I'll answer the phone first."

  Looking at the number on the phone screen, Zhou Anan said something to several shareholders, then walked out of the meeting room and picked it up: "Brother Tong, why are you so busy calling me when you have time?"

   "Haha, I don't go to the Three Treasures Hall for nothing. An An, I wonder if you know any friends who work in the film and television industry"

  (end of this chapter)




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