This star’s style is wrong
Chapter 349 Ugly financial report
A series of TV series such as "Pillow Crime" and "The Invisible Spy" suffered losses, resulting in Red Film and Television's financial reports being very ugly for two consecutive years.
This also directly led to the holding capital behind Red Film and Television, Pengcheng Capital and Dingsheng Capital, losing money for two consecutive years.
Last year, Pengcheng Capital originally planned to rely on Tan Zhiguan's new album and national tour to make money.
As a result, Tan Zhiguan's new album "Return of the King" has been overshadowed by Fang Xing's new album since its release.
As a result, Mailin Records' revenue last year was lower than expected.
Originally, Pengcheng Capital planned to rely on Tan Zhiguan to harvest 1 billion leeks to make up for two consecutive years of losses.
It's a pity that Tan Zhiguan's national tour only made less than 500 million.
Moreover, after the tour in key cities is over, if you continue to tour in small and medium-sized cities, your income will decrease rapidly.
After Merlin Records cuts this wave, it will be difficult to have this level of revenue again within two years.
Although Mailin Records cut off 500 million yuan, the record company itself and Tan Zhiguan both had to take money from it. In the end, only more than 200 million yuan could be transferred to Pengcheng Capital.
Although more than two hundred million is a lot, for a company of the size of Pengcheng Capital, it can only barely quench the thirst, and is not enough to make up for two consecutive years of losses.
Mailin Records has just made some money back with the money earned by Tan Zhiguan.
Red Film and Television lost money again because of "Invisible Spy".
In and out, Pengcheng Capital's financial report this year is still ugly.
…
Pengcheng Capital has suffered losses for two consecutive years, and the Chen family has been greatly affected.
Chen Xingye, who had been retired for ten years, had to ask about this matter: "What's going on with the company? Why are the losses getting worse and worse?"
Chen Lipeng was helpless.
He has been trying to find ways to reverse the company's investment losses, but every time it deviates greatly from what he expected.
Now that Chen Xingye has asked, it shows that he is very dissatisfied with the company's management.
Chen Lipeng could only explain patiently: "Dad, you also know about the projects that have lost money in the past two years. There is nothing wrong with the project itself, but since it offended Ark Culture, every project will be suppressed by them.
“Projects that could have been profitable have been squeezed out, resulting in lower-than-expected revenue.
"The same is true for this spy drama. Before "The Pretender" was launched, the ratings of our drama were not bad, reaching a rating of 1.7% at one time.
"However, as soon as Ark Culture's "The Pretender" was launched, the ratings were taken away by the other party, resulting in the final revenue being lower than expected."
Chen Xingye pondered and did not interrupt, wanting to continue listening to Chen Lipeng.
At this moment.
Chen Wenhan interjected: "The loss of "Invisible Spy" is nothing. However, Red Film and Television invested in this drama. It will not be so easy to sell future dramas."
The dramas that Shi Di participated in were all popular, and Ruide Film and Television's reputation in the industry has collapsed.
The TV stations are not fools. They bought the dramas from Red Film and Television, but the ratings ended up like that.
If Ruide Film and Television will make TV series in the future, will TV stations dare to buy them?
Even if the TV station is willing to buy it, it will keep the price very low.
Therefore, Ruide Film and Television's reputation in the industry has collapsed. Unless the next drama can be a hit, it will be difficult for the drama to sell at a high price.
Chen Lipeng could not stand his nephew more and more.
Chen Wenhan has graduated from graduate school and is considering whether to continue studying for a Ph.D. or look for other development opportunities.
Since Chen Wenhan wanted to get involved in the management of Pengcheng Capital after graduation, and Chen Wenhan's mother's shares were already held on behalf of Chen Wenhan, Chen Wenhan had a great say in Pengcheng Capital.
The uncle and nephew have great differences in company management.
Coupled with Pengcheng Capital's serious losses in the past two years, Chen Lipeng's prestige has continued to decline.
This resulted in many problems within Pengcheng Capital.
Of course, when at home, Chen Lipeng couldn't bring back his work emotions, at least not in front of Chen Xingye.
He asked in a normal tone: "Wenhan, how are you preparing for your PhD?"
This incident is the best way to contain Chen Wenhan.
Because Chen Xingye has always hoped to cultivate Chen Wenhan as a musical talent, it is in line with Chen Xingye's expectations to continue studying for a Ph.D. after completing his master's degree.
Chen Xingye answered: "Wen Han, didn't I help you contact your doctoral supervisor? When you are free, come and visit."
In fact, Chen Wenhan was tired of school and said, "I don't want to study for a Ph.D. anymore."
Chen Xingye did not get angry immediately, but frowned and asked, "Why?"
Chen Wenhan leaned back in his chair and said, "Our family has been losing money for two consecutive years, and I hope I can help the company.
“My personal studio has always been profitable, and with my ability, I will definitely enter the entertainment industry.
"So, I plan to officially start a business and develop my personal studio into an entertainment company."
Chen Xingye frowned and asked: "Why don't you want to study for a Ph.D.? Isn't it a good idea to pursue a music career? Your violin playing talent has been so good since you were a child."
Since the Paganini Violin Competition, he has been living in the shadow of a person, which has led to a bit of a mental breakdown.
The exquisite art of violin playing is sometimes inexplicable.
Since that competition, he has never been able to shake off the influence, resulting in mediocre results in the international competitions he participated in in the next two years.
"Do I need to tell you the results of the competitions I participated in in the past two years?" Chen Wenhan became very angry when he mentioned this matter.
"It is normal for the art of music performance to encounter bottlenecks after reaching a certain level. As long as you get over it, there will be higher space in the future." Chen Xingye advised.
Chen Wenhan took a deep breath and said: "I will continue to practice the violin, but I also need some breathing space. Sometimes, if I do something else and then come back to playing the violin, I will make progress."
Chen's mother also helped: "Art comes from life, so let Wenhan enter the entertainment industry for a few years. When his mentality matures, he may have a breakthrough when he returns to violin playing. Many world-class performers are not born in a lifetime." Just do one thing.”
Chen Xingye can also see that Chen Wenhan's current mentality is not mature enough.
After thinking for a moment, he agreed: "You can break in if you want, but you must never put down the violin."
Chen Wenhan nodded in agreement: "I know."
He is well-known in the entertainment industry, and his personality is the "Violin Prince" and "Music Talent".
Every year he participates in some television stations' evening performances and plays the violin.
In today's entertainment industry, personality is very important.
Maintaining the persona of this "Violin Prince" and developing in the entertainment industry, the starting point has surpassed that of most celebrities.
…
After talking about Chen Wenhan.
Chen Xingye looked at Chen Lipeng again and asked: "What are the company's plans? If this year's financial report is still so ugly, the shareholders will not be so easy to talk to."
Chen Lipeng thought for a moment and replied: "The results of the recent two TV series were not good. So, I am considering returning to the music track."
The Chen family is a musical family, and they made their fortune by investing in the music industry from the beginning.
Puxiang Records and Mailin Records are the five major record companies, two of which are controlled by the Chen family.
Therefore, the Chen family’s investment vision in music is indeed higher than the industry average.
Chen’s mother interjected and asked, “Has your second uncle convinced Qi Xiuna to release a new album?”
Qi Xiuna is the head queen of Puxiang Records and plays an important role in the music world.
At Qi Xiuna's position, she has actually stopped releasing albums easily.
After all, Qi Xiuna's songs are enough to hold ten consecutive concerts, and all the songs she sings are not repeated.
However, if Pengcheng Capital wants to rely on Puxiang Records to make a comeback, the fastest way is to let the queen release an album.
Just like Tan Zhiguan last year.
First release a new album, and then take advantage of the situation to start a nationwide tour, cutting him 1 billion.
This is indeed the fastest way to regain blood, but once the sales of the new album fail to meet expectations, the result will be embarrassing.
In fact.
The new album released by Tan Zhiguan last year sold well.
It was just that I was overpowered by others, and I made money from the national tour, but it just didn't reach the initial goal of Pengcheng Capital.
Of course, Tan Zhiguan was used as a money-making tool, and this cut had an impact on his personal reputation.
Especially at the event where you could win concert tickets by buying an album, some netizens later revealed that the probability of winning tickets was ridiculously low.
All these have had a very bad impact on Tan Zhiguan's reputation.
It can be said that Tan Zhiguan is completely used by Pengcheng Capital as a money-making tool, regardless of whether it will affect his future development.
Therefore, when Pengcheng Capital proposed to let popular queen Qi Xiuna release an album this year, Qi Xiuna decisively refused.
There are already lessons learned.
Qi Xiuna doesn't want to be used as a money-making tool by Pengcheng Capital.
At her status, feathers are more important than money.
So Qi Xiuna cherishes her feathers very much. Even if she doesn't make money, she doesn't use her reputation and status in the music industry to make money.
…
I heard Chen’s mother mention Qi Xiuna’s new album.
Chen Lipeng shook his head and replied: "It has not been settled yet."
Chen Xingye had never asked about this matter, but now he heard it and asked: "Why hasn't it been settled?"
At this moment.
Chen Wenhan twitched his lips and said, "Do you need to say more? Qi Xiuna refuses to release a new album. She is worried about ending up like Tan Zhiguan."
Chen Lipeng's eyes sank and he emphasized: "Tan Zhiguan's new album is very well-produced. This project has annual revenue of over 500 million."
For capital, making money is justice.
As long as you make money, other things don't matter.
Tan Zhiguan's new album and national tour project have all made money, and he has made a lot of money.
Therefore, when Chen Lipeng mentioned this matter, his tone was very strong.
Chen Wenhan twitched his lips and sneered: "This is the first time I've heard that a singer is unwilling to release a new album."
The current music scene is in a recession. There are too many singers who can sing, but too few who actually have the opportunity to release albums.
Moreover, when new singers release albums now, they basically release one album and make another album.
Now in the era of drafts and traffic, it is already very difficult to become popular just by singing.
Under normal circumstances, if a record company is willing to release an album to a singer, the singer will be eager to do so.
However, Pengcheng Capital wanted Puxiang Records to release an album to Qi Xiuna, but Qi Xiuna refused.
Qi Xiuna also saw what happened to Tan Zhiguan last year and guessed that the company wanted to arrange for her to go on a nationwide tour to make money.
The money was made, but Tan Zhiguan lost a lot of feathers.
Chen Lipeng was teased by his nephew, but he had no way to defend himself and could only endure his anger.
There was silence at the table for a moment.
Chen's mother asked: "I remember Qi Xiuna's contract will expire next year. Has the contract renewal been negotiated?"
When Chen Lipeng heard this, his expression froze again.
Qi Xiuna is the head queen of Puxiang Records.
One of the important reasons why Puxiang Records can secure its position among the three major record companies is that Qi Xiuna is in charge.
Qi Xiuna's contract expires in February next year, with only half a year left.
Generally speaking, singers of Qi Xiuna's level negotiate contract renewals half a year or even a year in advance.
When this topic was brought up, Chen Lipeng could only reply: "We are still talking about it."
Chen's mother answered: "I heard some rumors that Qi Xiuna doesn't want to renew her contract."
After saying these words, Chen Xingye's expression darkened.
Qi Xiuna is the face of Puxiang Records. If the contract renewal fails, Puxiang Records' status in the music world will drop a lot.
By then, the valuation of Puxiang Records also plummeted.
As a holding company, Pengcheng Capital's valuation will also plummet.
Originally, Pengcheng Capital had been losing money for two consecutive years. If Qi Xiuna's contract renewal issue caused the company's valuation to plummet, shareholders would be unable to hold it back.
"To be honest, how is the negotiation for Qi Xiuna's contract renewal going?" Chen Xingye asked in a serious tone.
Chen Lipeng was very helpless and replied bravely: "The progress is not ideal. Qi Xiuna did not explicitly refuse, but she also did not agree to renew the contract."
Chen Wenhan joked: "Isn't this just because I don't want to renew the contract? If I want to renew the contract, I should put forward conditions now."
A singer with Qi Xiuna's status will definitely make demands when renewing her contract.
For example, signing fees, company resources, etc. are all negotiable.
If you don’t ask for anything, it’s actually a sign that you don’t want to renew the contract.
Chen Lipeng took a deep breath and explained: "At the beginning, I discussed with Puxiang's senior management to renew Qi Xiuna's contract on the condition of investing in a new album. However, she was not interested in releasing a new album."
If Qi Xiuna were to release a new album, the quality of the album would definitely be very high.
Chen Lipeng promised to invite the top producers and production teams in the industry to create a new album for Qi Xiuna.
She even made it clear that Qi Xiuna could name the top domestic producers and the company would be responsible for hiring them.
These conditions, if applied to other first-line singers, would be extremely attractive.
However, Qi Xiuna saw what happened to Tan Zhiguan last year, so she did not consider releasing a new album, so renewing her contract became difficult.
Chen Xingye asked: "Didn't you ask for information from the people around Qi Xiuna?"
Chen Lipeng replied: "After asking around, Qi Xiuna wants to go out independently and open a brokerage company to be responsible for operating her own brokerage contract. If the renewal of the contract cannot be negotiated, we can still maintain an in-depth cooperative relationship."
In fact, when a celebrity's status reaches a certain level, they will gradually become independent and maintain a deep cooperative relationship with their original agency.
This is a very common thing in the industry.
However, without Qi Xiuna, the leading diva of Puxiang Records, her status in the music world will definitely decline.
"Then what are you going to do?" Chen Xingye asked in a deep voice.
"If a record company wants to develop, it still has to rely on promoting new people. Even if the king and queen agree to renew the contract, the signing fee is astronomical. So, I have already considered it and arranged for the new people from Puxiang Records and Red Film to participate in Pea Video and A talent show in cooperation with Chaoyin Culture." Chen Lipeng revealed the planned project.
He glanced at Chen Xingye, then glanced at Chen Wenhan, and then said: "In addition, I plan to let Wenhan also participate in this talent show?"
Chen Wenhan's eyes turned cold and he said: "What? You want me to participate in such a low-level talent show?"
Chen Xingye explained: "It is not to be a contestant, but to be a mentor. In a talent show like this, mentors are the easiest to become famous."
When Chen Wenhan heard this plan, his eyes showed interest and he said: "If this is the case, then we invest in this project. I want to get the say in this talent show, and the show must be according to my ideas."
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