Top of the big era

Return to the capital.

Zhou Buqi was pressed for time and immediately held a meeting of core executives to discuss his next arrangements.

The attendees were speechless.

What does it mean?

Went to Hollywood for entertainment?

Zhou Buqi told them that what he wanted to do was not a Hollywood entertainment company, but an Internet-based streaming media platform, and the strategic direction he was eyeing was the future long-form video website.

In China, many executives have suggested that Ziweixing should build its own video website, but Zhou Buqi rejected it every time.

This business is not easy to do.

Domestic policies to protect intellectual property rights will gradually strengthen, but this is aimed at companies, especially large private companies. These big companies have to pay high royalties to purchase copyrights.

However, after purchasing the content copyright, it cannot be converted into income. Because intellectual property protection requirements are not specific to individuals, no one has ever been sentenced or severely fined for downloading pirated movies or reading pirated novels.

Video websites are mostly intermediaries, buying copyrights from content providers and then selling them to users. However, it is easy to buy copyright, but it is difficult to sell it.

This has led to a depression in the entire industry, which is losing tens of billions every year.

It is impossible to make a profit within ten or twenty years.

Unless it is a UGC model that allows users to create their own videos and then upload them online, and the platform and creators share the profits, this will be the short video track that will shine in the future.

Zhou Buqi once again reiterated that Ziweixing will not do long-form video business when intellectual property protection is not strong enough. Without enforceable legal protection, this is a bottomless pit of pure money.

In this line of work, there is no need to worry at all.

This is different from developing a social app, or making a live broadcast app, which has to be launched quickly to seize the market. Making a streaming long video website has a different concept.

UGC-type applications, where users create content and upload it to the platform for display to other users, such as Friends, Weibo, and short videos, must indeed be the first to enter the market. Whoever seizes the track first will have the advantage.

Long videos are different.

To allow users to calm down and watch a long video, the prerequisite is that the content is excellent enough and it must be a video produced by a professional team, such as movies, TV series, documentaries, celebrity lectures, etc.

This is a different model, and content is the foundation.

Whoever seizes the track first is of no use.

Without content, users cannot be retained. With content, even a new platform can rely on high-quality content to quickly gather a large number of users and stand out quickly.

Lin Linzongzong talked for twenty minutes.

Everyone stared at each other.

What can be done?

He is the big boss and no one can restrain him.

Zhou Buqi smiled and said, "Why are you so worried? I can lead Ziweixing to fight against Silicon Valley, but why are you afraid that I can't conquer Hollywood?"

Guo Pengfei frowned and said: "This is a cross-border after all. We are engaged in technology and the Internet, and we go to Hollywood to make movies... Isn't this a big leap?"

"Not big, they're all the same!"

"ah?"

"In the final analysis, both Hollywood and Silicon Valley are creative businesses." Zhou Buqi paused and said with a smile, "Don't you admire Steve Jobs very much? Do you know what is Steve Jobs' biggest source of wealth? It's not Apple's stock. His shares were basically sold out more than ten years ago, and he is working for Apple for free."

"It's Disney."

Zhang Yiming, Xu Liangjie, Shen Xiangyang and others all gave answers.

No way, Steve Jobs's name is too big.

Even without the iPhone, he is still a monument in the technology world and the idol of every practitioner. Even a rebellious person like Elon Musk, after being scolded and humiliated by Jobs, still praised him as "cool", "very personal" and "a role model to learn from".

Zhou Buqi smiled and said: "Yes, Disney. Jobs is Disney's largest shareholder. Why? Because a few years ago, Disney spent huge sums of money to acquire Pixar with stocks. Did you find out? Jobs took over technology and movies many years ago There are two major industries. Pixar's headquarters is in Silicon Valley and is built like a university. In the final analysis, whether it is making movies or making technology, it is a process of creativity and research and development, and there is no difference in essence."

Others were reluctant to say anything, but Guo Pengfei dared to question and sighed, "The risk is too great after all. What if it fails? I think you have been tricked by Masayoshi Son. There is no need for you to end up personally."

Zhou Buqi was silent for a moment and nodded, "It's not necessarily true that he was cheated. It's certain that he has a plan. However, these are all external factors and he can't affect my attitude. How many times has Jobs been able to lead the technology industry in the past thirty years? The revolution has even led to changes in the Hollywood animation industry, pushing Hollywood into the era of 3D computer animation. If he can do it, so can I!"

Guo Pengfei twitched the corner of his mouth and said, "You are drifting."

Zhou Buqi said angrily: "Fuck you, that's it. That's it. I've decided. Let's talk about the split of Ziweixing."

In line with the general trend, the spin-off of Ziweixing is about to be completed.

If nothing else, the EU regulators will pass it next month.

After splitting into two companies, the domestic version was called "Ziweixing" and the foreign version was called "Ziweixing International".

The shareholder composition of Ziweixing remains unchanged.

Ziweixing International’s shareholder structure also follows Ziweixing’s standards. Purple Star shareholders can obtain 7 shares of Purple Star International for every 10 shares they hold.

The remaining 30% is controlled by Ziweixing.

In terms of finance, Ziweixing now has 2.9 billion yuan, 4.8 billion US dollars, and 2 billion yuan in loans. After the spin-off, Ziweixing will have 2.9 billion yuan, US$1.8 billion in foreign exchange, and assume 2 billion yuan in loans.

The remaining US$3 billion was transferred to Ziweixing International.

This plan has been finalized, the financial audit and division, and the allocation of stocks have been completed. We are waiting for the EU to approve the formal split.

One thing worth noting is that Polaris Venture Capital now holds 550 million shares of Ziweixing.

After the split, you will be able to get 385 million shares of Purple Star International. However, the shares will no longer be allotted in the name of the institution, but will be directly implemented into personal accounts or personal funds.

In short, after the split, Ziweixing International’s largest shareholder is Ziweixing, holding 30% of the shares. The second largest shareholder is Zhou Buqi’s family trust fund, which holds 350 million shares, accounting for 28.14% of the shares.

Other members of the Ten School Alliance who do not work in Ziweixing, such as Xue Baoshan, Xu Baihui, Ma Pingshan and others, can also get 19.25 million shares of Ziweixing International.

By then, Zhou Buqi will have three major titles——

Chairman and CEO of Ziweixing;

Chairman and CEO of Ziweixing International;

Chairman and CEO of Ziweixing Global.

After the meeting, Guo Pengfei followed him to his office and said weakly: "There are so many things to do, can you handle it?"

"Allocate your time reasonably."

This is the second time Zhou Buqi has come to this temporary office. Just as Sun Wanran complained, it is very small.

The Ziweixing headquarters has not yet been fully completed, it is only a temporary office space. According to the plan, this place was originally the office of a senior director of M5.

"Huh?"

Zhou Buqi couldn't help but think of something.

Whether it is Ziweixing or Ziweixing International, these are Internet companies. Even the boss cannot be too presumptuous, he must take care of the emotions of his employees, and he cannot create an exaggerated office for them to point fingers at.

However, Ziweixing Global is different.

In the short term, MSI Global will not disclose its streaming media strategy, and will still focus on the entertainment industry model... This is a traditional industry, so there won't be so many concerns.

Um!

You can build a grand office in Ziweixing Global, occupying half a floor, with many attached rooms, such as bedrooms, bathrooms, bathrooms, gyms, viewing rooms, reception rooms, tea rooms, video conference rooms, secretary rooms, etc. Wait for the general affairs room and put in a few more red sofas...

Well, forget about the red sofa.

Hollywood actresses are really not that good, and it doesn't matter whether they are good or bad. Diving is risky, so there is no need to take risks.

Seeing that Guo Pengfei was worried, Zhou Buqi smiled and said, "I'm not afraid, so what are you afraid of? Back then, Steve Jobs was able to run Apple and Pixar at the same time. While leading Apple's revival, he also built Pixar into the number one animation studio in Hollywood. . If Disney hadn’t relented, Pixar might have defeated Disney by now. And Musk...well, do you know Musk?"

Guo Pengfei raised his eyebrows, "The one who built the rocket?"

"Yes, that's him. He also manages a rocket company and an electric car company. I heard that he recently intends to set up a solar energy company. They can do it, why can't I?"

Zhou Buqi is actually a little weak.

Have you really reached the level of Jobs and Musk?

Judging from wealth, it is definitely far beyond. But when it comes to the ability to run a business, it’s hard to say.

However, whether it works or not, you have to give it a try!

At Boss Zhou's current level, his pursuit of life can no longer satisfy him. He wants to pursue greater self-life value!

This value cannot be reflected in marrying more wives and having more children. This is very important, but it is not advanced enough.

Why not just work hard and see if you can achieve a level of achievement comparable to that of Jobs and Musk? You should try your best to lead and change the world!

Guo Pengfei asked: "Then you won't care about the domestic business?"

Zhou Buqi said: "I will give you a direction, a general idea, and how to do it specifically. You can discuss it. By the way, I remember the email said that many websites similar to Weibo have appeared in China recently?"

"Um."

"Is there any trouble?"

"It's not bad, there are some thorns on it, I guess it needs to be trimmed."

Guo Pengfei shrugged.

The current Weibo is actually a beta version of Weibo, which has been testing official responses. Because this product is too sensitive, once it is developed, it may become a very influential social media. How can it be in the hands of a private company?

Therefore, Weibo has always been more cautious.

But some colleagues can't, especially some small start-up companies that rushed in impetuously. They didn't know the depth and made a lot of big noises for the sake of gimmicks and attracting eyeballs and users. In the past six months, they have been arrested in several batches.

Zhou Buqi waved his hand, "Don't come to me for this kind of thing, there's nothing I can do about it."