Back To 2005
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 said to be a large video website, it is simply because the partner is TX, which has strong financial resources but its stock price has been falling continuously. TX, which still has good capital flow despite the economic crisis, has no shortage of funds.
In Zhou Anan's memory, it would be many years before video websites truly entered the era of the four giants.
In his previous life, when he came home from Nanhai to set up a training department, TX Video had just appeared, and video websites such as Youku, Tudou, Aimouyi, and Xishi were still popular all over the world.
After that, Xishi repeatedly tried his best to force himself out of the ranks of giants.
Youku and Tudou merged into one, Balibali and TX Video caught up from behind, and together with the steadily developing Aimouyi, they became the new four giants.
However, at this point in time, Ai Mouyi and Bali Bali have not yet appeared, and their opponents are not yet strong.
In other words, if Blue Whale Entertainment and TX now join forces to build a video website, the biggest opponents will be Youku, Tudou, and Xishi, which also owns the copyrights of many film and television dramas.
In other words, from the beginning, Xishi, who was ambitious to be the boss and had been purchasing online copyrights for movies and TV series, would be their most threatening opponent. After all, it is still in a period of vigorous growth.
The other two companies, Youku and Tudou, who have not yet begun to pay attention to the online copyrights of film and television dramas, are destined to go downhill.
"The major shareholders are here, let's get started."
At half past ten, when he saw Zhou Anan coming in, Feng Jiming, who was sitting at the round conference table, said with a smile.
This conference room has always been a dedicated meeting place for the four major shareholders of their company. Everyone sits around a round conference table, and there is no need to distinguish between high and low.
"Everyone knows the basic situation. Brother Feng, tell me about the budget for investing in video websites."
Knowing that the other two shareholders knew the basic situation, Zhou Anan, after sitting down and chatting with a few people, did not waste everyone's time and got straight to the point.
"Okay, let me give you a brief introduction. What you have now are the video website resources currently owned by our company. We previously spent 15 million to acquire the Liangliang Video Network. Although there are rumors of an economic crisis, due to the upcoming establishment of the Internet Copyright Association, Its value has increased slightly by 5 million; the film and television drama rights we previously invested 43 million in are now valued at 130 million."
After asking Secretary Chi to deliver the three documents to the other three shareholders, Feng Jiming talked about cooperation.
"Previously, I talked with Mr. Chen from TX to prepare 500 million yuan in upfront funds to build a new video website. TX will provide 300 million yuan of funds, and we will invest in Liangliang Video Network and film and television drama copyrights at a price of 150 million yuan. , an additional 50 million funds are needed.”
"In terms of equity allocation, TX wants 51%, and we can get 49 points."
"Basically, that's it."
Referring to the compiled documents, Feng Jiming introduced the basic content of the cooperation. It was concise and to the point, but it took seven or eight minutes.
After all, this is a large-scale cooperation project involving an investment of 500 million, and it cannot be overemphasized.
At present, domestic entertainment companies can easily be valued at hundreds of millions, billions or even tens of billions, but there are very few that can allocate 200 million in capital at a time.
Not to mention investing in the construction of video websites that are currently said to be a loss-making industry. Blue Whale Entertainment is the only one to do so.
"What is the name of this video website going to be changed?"
Without rejecting this basic cooperation plan, Yu Xianer paid attention to the name of the new website.
"It hasn't been decided yet. This needs to be discussed after both of us pass the cooperation case."
"I have no opinion."
"I agree."
"I have no objection."
Seeing that the other shareholders had no objections, Zhou Anan naturally had no objections. Anyway, his equity alone could not determine the company's major decisions.
However, now that he has entered the video website industry, Zhou Anan, who is aware of the future development of this industry, knows that he must be mentally prepared to have no profits for several consecutive years and to continue to invest money.
Developing hundreds of millions of paid membership users cannot be achieved overnight.
What's more, even though there are hundreds of millions of paid membership users, TX Video is still complaining of losses every day after many years.
In other words, for a long time in the future, Blue Whale Entertainment will have to reduce its profits a lot because of this video website.
Fortunately, he now has sufficient funds to buy a house. If the short-selling team in Hong Kong City can make some money, he doesn't have to keep an eye on Blue Whale Entertainment's dividends every day.
"Mr. An, do you have any ideas?"
Hearing the reluctance from the major shareholder's tone, Feng Jiming looked at the other party and asked.
"."
Looking doubtfully at General Manager Feng who asked a strange question, Zhou Anan was speechless.
He said the same thing to the other two shareholders, so why did he ask him alone what he meant?
Looking at General Manager Feng for two seconds, and then looking at the questioning looks 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 in the maintenance and expansion of the website. The biggest advantage is that our company’s film and television dramas have a platform that can be output online, and we don’t have to be controlled by others.”
"I don't think there is any problem. Now my US-US network is burning through 2 million US dollars a month, and its market value is still rising. Even though there is an economic crisis, people are giving money."
Hearing his younger brother's concerns, Yu Xian'er didn't take it seriously and gave an example of his gourmet food delivery website.
"."
Seeing Miss Yu talking about this, Zhou Anan didn't know whether he was relieved or regretful.
If he had known that someone would send money to burn, he should have invested in some original shares, but now it is too late.
"Then if everyone has no problem, I will have someone contact TX to establish a new video website as soon as possible."
After hearing 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 at hand after he has film and television production resources?
If you have money, it would be better to invest in a theater chain to export movies produced by your own company.
The best thing is that if you buy a star TV station, you can even control the ratings of TV series in your own hands.
Then, everything is perfect.
"I heard that there was something wrong with the rental house at Huaman Film and Television?"
When General Manager Feng fantasized about one-stop control of the entertainment industry, Yu Xianer asked Li Shucheng next to him.
Although she already has a lot of property under her hands, due to the influence of her younger brother's hand as the shopkeeper, Yu Xian'er, who has distributed the power in her hands, does not deal with many affairs every day.
Therefore, Yu Xianer is also concerned about the problems of acquaintances.
Moreover, Blue Whale Entertainment holds one-third of the equity of Huaman Film and Television, which is not an outsider’s business.
"Well, there is a little conflict with the property management."
Speaking of this matter, Li Shucheng said briefly, but he did a few words to excuse 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 produced any output.
Now that he has encountered some minor troubles, Li Shucheng is afraid that several shareholder friends will doubt his girlfriend's ability.
"If it's a rental issue, then change the company's address. There are many newly built office buildings in Xiasha, with cheap rent and convenient transportation."
After recovering from his fantasy, Feng Jiming made a very constructive suggestion.
"I have also talked about this with Xinlan. She is also considering that several prefecture-level cities are establishing industrial parks. Xinlan thinks that we can develop in prefecture-level cities. On the one hand, it can reduce the company's expenses. On the other hand, More funds can be used to develop several current projects.”
While several shareholders were present, Li Shucheng also talked about the current situation of Huaman Film and Television.
"Didi didi"
"I'll take a call first."
After looking at the number on the phone screen, Zhou Anan spoke to several shareholders, then walked out of the conference room and picked up the phone: "Brother Tong, why do you, a busy person like you, have time to call me?"
"Haha, I don't go to the Three Treasures Palace for nothing. An'an, I wonder if you have any friends who are in the film and television industry?"
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