The entertainment industry shouldn't be like this

Chapter 228 Is it like this to send money?

The news of Weibo Technology's second round of financing naturally attracted the attention of some media.

Although some traditional people believe that the development of the Internet economy is overheated and overhyped, one fact is that this industry has repeatedly experienced large-scale financing, allowing one Internet giant after another to emerge, enjoying the joy of getting rich in the wind, and making ordinary people want to replace it.

What's more, the protagonist of "get rich" this time is Wang Wei!

At this moment, Fortune Weekly added another hit, or taking the opportunity to take advantage of the popularity.

——Fortune Weekly released last year’s “World Celebrity Income Ranking”. Wang Wei led the entertainment industry worldwide with a personal income of 1 billion yuan!

As soon as the list was released, it caused a lot of sensation.

There are many people who are worth more than Wang Wei, but many people also know that it is very common for a billionaire who is worth tens of billionaires to be unable to provide 100 million in cash.

In theory, Wang Wei’s personal income is all liquid cash - all money that can spend money!

Looking at the huge movie dividends on the list, countless people couldn't help but want to invest in the Chinese entertainment industry - although they also knew this was an example.

In the eyes of the bigwigs in the venture capital circle, many people sneered. Is this what Wang Wei relied on? It means he is not short of money?

If it is consumption, he can indeed say so; but if he wants to support an Internet startup that burns money every minute and every second... he can only say that he has the courage.

Although the box office of this movie has declined, the slow decline is outrageous: the box office of 180 million in the next week and the box office of 150 million in the third week, firmly rising towards one billion!

The movie was also released overseas, but due to the natural geographical limitations of comedy, its overseas box office is not obvious, but the global box office has exceeded one billion yuan.

After all, Internet companies around the world are struggling with one thing: the free model is not profitable, and the paid model is not popular; and the advertising profit model that is generally relied on now is very thin, and this may be very different in the future, but thinness is thinness at present.

The five majors didn’t care much about it, they were just a few projects. The five majors did not lack high-quality projects, well, at least that’s what they said.

But when they saw a group of middle and lower-level companies in the circle flocking to Dunhuang to fight for cooperation opportunities, they suddenly realized that Dunhuang was preparing to "take the weak to fight against the top five"?

If you work with him, you can make money; if you don’t work with him, he will find competitors; if you don’t make money, your opponent will make money, you will be thrown away... This TMD is a double loss!

Of course, I don’t know how much results it can be, but the reputation of Dunhuang and Wang Wei in the circle has become unprecedentedly good.

As the new Internet profit model was released, Weibo Technology undoubtedly gained the favor of more capital, and there were even many international capitals that frequently knocked on Wang Wei's door, rushing to give him money to burn.

A valuation of 10 billion?

This price, which was considered overestimated by most venture capitalists in the venture capital circle at first, is now considered fair by the entire industry - Pengcheng Venture Capital Fund's attitude has changed the most!

But when these people were eager to see Wang Wei, they realized... he was not available!

If that's all, Weibo Technology has developed a good new product at best, but combined with the "membership system" launched at the same time, Penguin Space has suddenly become a strategic product-

——Dunhuang can publish scripts and people, and other investors can pay for money, and everyone can make money beautifully together.

To this end, Wang Wei approved hundreds of server expansion at one time.

"The future of Huayu is in the hands of Dunhuang..."

Just as the VC tycoons were either despising or continuing to argue, Penguin Communication launched the "Penguin Space"!

The first version of Penguin Space is a bit like a multi-functional personal homepage system, with more than ten functions such as skin replacing, logs, albums, message boards, music boxes, and interaction;

But it has more social attributes than personal homepages, such as "Friend News" - on the friend list of Penguin client, whenever a friend updates the log or posts a photo to the space, the stars next to the friend's avatar will flash, guiding the friend to view and comment...

"Penguin Space" + "Membership System", just one week after it was launched, 300,000 users have paid, and the average cost per person is 5 yuan...

As soon as this data was released, it shocked the industry!

It’s not that this income is so huge—in fact, even if it doubles, it cannot cover the current expenses of Weibo Technology;

But this means that Weibo Technology has found another effective profit model besides advertising.

Times will not flash, which means that Zhou Qiming will guarantee the box office in the next few years; whoever can catch him will be able to occupy a gold mine.

Of course, there are five major wealthy people.

This makes the Internet industry more ecstatic than the income!

As soon as Penguin Space was launched, it was very active, and a large amount of user-generated content was generated, especially the upload volume of photos, which increased geometrically. On the second day of the launch, all servers allocated to the Penguin Space project were loaded at full capacity, and the technical team continued to optimize, but they would soon face the risk of overwhelming explosion.

Damn, can you give others a way out?!

Countless colleagues wailed.

Dunhuang’s answer is, yes!

Driven by the Internet, those very picturesque memes continue to ferment - dogs across the country are therefore called Wangcai, and cockroaches all over the world are collectively called Xiaoqiang; "Give me a buffet", "a half-smiling step with a smile", "The ups and downs of life are too exciting", etc., have become the daily catchphrases of young people...

Users can purchase virtual "e coins" through recharge, and then recharge members with e coins or purchase various personalized virtual items, such as space skins, photo stickers, personalized signatures, dynamic albums, etc.;

Being able to personalize your space quickly captured the hearts of young people; these young users are unwilling to pay for registering a Penguin account, but are willing to pay for buying a virtual skin or a virtual prop.

Industry companies contacted Zhou Qiming's agent Yu Li, but found that this guy's film contract with Dunhuang was scheduled to be three years later!

——No doubt, this is Wang Wei’s work.

This is definitely one of the top box office results this year - and so far, every year Wang Wei debuted, he has won the top ten box office revenue that year, and his profitability is the best in the Chinese entertainment industry!

It can be said that robbing money is not as efficient as making money as him!

But the industry companies don’t care about envy or praise, because they can see that the reason why the movie "Tang Bohu" can accurately grasp the spirit of the times and the public mentality is that in addition to Wang Wei’s script, it is also inseparable from Zhou Qiming’s distinctive personal performance style.

What is this guy busy doing?

Still "grabbing money"!

——After May Day, all released films inevitably began to decline, but "Tang Bohu's Deep Love" still maintains a dominant situation.

"Wang Wei's progress is unstoppable..."

People in the venture capital circle, who "no way to give money", fell into deep thoughts when they saw this scene-

Are you doing this nowadays?

Is it not enough to pay, do you have to add a crazy flattery?

Damn! In terms of flattery, which circle can compare with the entertainment industry?

...

Although it only grew a little bit, there was an inexplicable pride.

(End of this chapter)