In the small conference room, the conference table was oblong in shape, with the front end facing the floor-to-ceiling windows overlooking the city in the north. Wang Jinhua and Li He sat down on the left and right, and Chu Xuan and Liu Yifei sat side by side.
Lin Xiaoya walked around the conference table and distributed the documents in her hands to everyone one by one. Then she came to a small table at the south end of the conference room and sat down facing the projection. While adjusting the projection slides, she also prepared to take meeting minutes.
"A lot of things happened to the group in 2008, but they were all good things..."
Wang Jinhua and Li He took turns making the group's 2008 annual summary. Chu Xuan and Liu Yifei followed the others through several documents in their hands, including the annual financial report.
The company was established at the end of 2004 with an initial development capital of 300 million.
It initially developed in 2005 and vigorously developed in 2006. The scale of the industry is getting larger and larger, but the financial calculation of capital flow has been in deficit for two consecutive years.
In 2007, the three dramas "Struggle", "Zhu Xian", "The Deer and the Cauldron" and "I Am an Actor" received huge ratings and the funds were withdrawn. When the 2007 financial report was made at the beginning of 2008, the company's basic capital was 420 million.
, achieved the first profit on basic funds.
Throughout 2008, the company used this 420 million to once again bring about a turning point in development.
With an investment of 80 million yuan, as the first stock in the movie "Sky Curtain: The Battle of the City", the company took a strong first step towards the development of the film industry.
With an investment of 170 million, he acquired 30% of the shares of Hollywood Macron Film and Television, opening up a channel for cooperation with Hollywood and completing the company's preliminary plan for the overseas release of self-produced films.
With an investment of 60 million, he bought 20% of the shares of "The Twilight Saga", realizing the company's first film and television cooperation with Macron, and starting the company's leapfrog development blueprint for earning US dollars and foreign exchange overseas.
With an investment of 80 million yuan, it controls 51% of Tangren Film and Television, making an experimental investment that remains to be seen for the overall industrialization system of Bright Times. It is also the first step for the outward expansion of Bright Times' film and television business.
In terms of TV and variety shows, 15 million was invested in the self-made online drama "The Best Butler", 12 million was invested in the self-made anti-war drama "Life and Death Line", 18 million was invested in the self-made martial arts drama "Eternal Dragon Sword", and 30 million was invested in the self-made variety show "I Am an Actor 2"
, invested 8 million in external investment in "Sword and Sword 3", and invested a total of 40 million in film and television resources for Hu Jun and other artists, totaling 123 million.
The above are all large investments and main businesses. The internal salary, benefits and other business needs are 60 million, covering 850 employees. It does not include the salaries of a total of 1,498 employees in 130 theaters across the country. This part is borne by each theater.
Operate independently and be self-sufficient.
After all the various expenditures were finally calculated, the expenditure for the entire year of 2008 was as high as 573 million.
When Liu Yifei saw this figure, it was the largest expenditure since the establishment of Bright Times, which also shows that 2008 was the company's most rapid development year.
Liu Yifei turned a page and continued reading.
Income from self-produced dramas "Legend of Red Flame" and "The Legend of Zhen Huan" comes from advertising sponsorship, first-round broadcast rights in mainland China, first-round broadcast rights in Hong Kong and Taiwan, online video pay-per-view cooperation agreement, national audio-visual copyright and VCD sales, etc.
.
The company each holds 50% of the shares of the two dramas. Last year, it made an after-tax profit of 58 million from "Legend of Red Flame" and 44 million from "The Legend of Zhen Huan".
In the investment drama "Sword and Sword 3", Brilliant Era holds 40% of the shares, and the profit it brings is currently 14 million.
"This gap is huge." Liu Yifei said in her heart.
"Chinese Sword 1" is very popular, and "Chinese Sword 3" naturally became an IP drama. However, the copyright fee for "Chinese Sword 3" is not very high, and the problem lies with the actors.
According to Mr. Ouyang Yang, if Chu Xuan and Liu Yifei continue to act in "Sword and Sword 3", the copyright fee will be several levels higher.
Regarding the main actors such as Hu Ge, Liu Shishi, Su Chang, and Tang Yan, Mango Channel obviously does not have a high assessment of their commercial value.
Su Chang is okay, Hu Ge, Liu Shishi and Tang Yan lower the value of this drama.
Cai Yinong accepted this result. The value of the drama was lowered, but the value of the actors was greatly increased through this drama. In the long run, it is still very profitable.
In addition to this, there is also a huge gap between Tang Ren Film and Television and the brand effect of Brilliant Era. The low income from advertising sponsorship is also an important factor affecting the final profit.
Liu Yifei thought about it and understood it, and then set her sights on the report form for "I Am an Actor 2".
TV advertising revenue is the core profit part of the TV station, and the TV station will not easily compromise on its core interests.
When we were working on "I Am an Actor 1", this variety show was a big investment, and it also needed to rely on the human resources and production strength of Bright Times. In order to let Bright Times share the risk, Mango Channel agreed to a 6:4 share cooperation in TV advertising.
model.
In 2007, "I Am an Actor 1" was a great success, and the income risk of "I Am an Actor 2" was greatly reduced. Mango Channel no longer shared TV advertising with Bright Times, allowing Bright Times to package and sell its own self-invested projects.
ways to cooperate.
Bright Times has no choice. The TV station that controls the broadcast outlet is the industry leader, so it can only lose some profits by doing this.
The investors of "I Am an Actor 2" include Bright Times investing 30 million for 40%, Xinlang investing 30 million for 30%, and the remaining 30% shared by foreign investors investing 40 million, reaching a total investment of 1
100 million variety show projects.
Bright Times hired Tianyu Media's Long Danni team to co-produce the variety show, which was eventually packaged and purchased by Mango Channel for 280 million.
Bright Times divided 40% of the 280 million into 70 million, and the profit after deducting costs and taxes was 32 million.
It is said that the TV advertising profit of this variety show has reached the figure of 400 million. Mango Channel has made more than 100 million and the profits will continue for a long time. Mango Channel will make money and dominate the market.
This chapter is not over yet, please click on the next page to continue reading! For the movie part, Ning Hao's "Crazy Racing" in 2008 was a surprise. The result of small cost and big profit also made Ning Hao a shining new star director in the film industry.
The box office of 140 million also made Ning Hao one of the mainland's billionaire directors after Zhang Yimou, Chen Kaige, Feng Xiaogang and other directors.
The company made a profit of 38 million from the box office account, plus a profit of 4 million from the audio-visual copyright and VCD sales in the second half of the year, the current profit is 42 million, and the after-tax profit is 35 million.
The profit of a popular movie is about to catch up with the profit of a popular TV series.
In Liu Yifei's opinion, it is foreseeable that if the film market develops for a few more years, the revenue from the box office of movies will exceed that of TV series. By then, the company's three-pronged development of film, television and variety will definitely increase the business scale of Bright Times.
No matter how qualitative the improvement is, she has great visions for it.
In addition to film and TV shows, the income of artist agents has also increased compared to last year. Thanks to the commercial value of stars in the market, which has increased year by year, in 2008 the profits of artist agents from endorsements, film remuneration and commercial performance announcements reached 45 million after tax.
The level is 15 million higher than last year.
Liu Yifei pursed her lips when she saw this, feeling a little ashamed, and also felt ashamed for Chu Xuan.
She and Chu Xuan have not done endorsements, commercial performances, announcements, etc. for a long time, which can be said to have lowered the income level of artist managers.
Mom said she would pick up a few endorsements for them this year, and when they finish it, it can be regarded as making some contribution to the company.
Liu Yifei continued to look at the report and saw the profit results of the report. In 2008, the main business profit totaled 183 million.
Before the conglomeration, this profit would be considered as the head office's.
However, after groupization, the corporate structure changed, and the operating model of the financial department naturally changed.
Bright Times Cinema Company still maintains its independent self-operation, Bright Times Creative Literature and Bright Times Digital Special Effects. These two companies currently do not consider profitability issues.
In addition to Bright Times Cinemas, which holds 51% of the shares, and China Film Group, which holds 20%, Bright Times Media holds 67% of the shares of each subsidiary, achieving absolute control. So out of the total profit of 183 million, Bright Times Media can only take away 67%.
122 million.
Expenses were 573 million, profit was 122 million, and negative was 451 million.
The basic capital base at the beginning of 2008 was 420 million, which was also a negative number of 31 million.
Seeing this result on the report, if it is an ordinary company, it can either go to the bank for a loan to maintain its development in 2009, or it can apply for bankruptcy liquidation.
But with the micro-entertainment bonus and Longyou bonus, Bright Times Media is not worried about this problem at all.
After the groupization at the end of August last year, Wang Jinhua discussed with Cao Guowei and took money from Longyou every month in order to operate the group efficiently. Otherwise, the investment in "Twilight" and Tangren Film and Television would not be possible.
operate.
Longyou’s annual revenue was 3.7 billion, and revenue in the four months from September to December was 1.6 billion.
Bright Times accounted for 40% of the 640 million. This part was Bright Times’ revenue from Longyou last year. The after-tax 500 million was the final bonus recorded, plus the 120 million bonus from Micro Entertainment. In 2008, these two major Internet sectors formed the company’s
The revenue brought is 620 million.
Excluding the negative number of 31 million, the group's working capital for 2009 is 590 million.
Seeing this, Liu Yifei couldn't help but smile in her heart: "Long You saved Brilliant Times, otherwise the company would collapse."
This is true, but it is also an afterthought.
Wang Jinhua also saw Longyou's ultra-high returns and made plans and arrangements for several large investments in the second half of the year.
But having said that, if we say the emergence of micro-entertainment, it allows the group to have a huge advantage in publicity and distribution, allowing the ratings of dramas to always be far ahead among the group of works of the same quality in the same period.
Then, the emergence of Longyou is a turning point for the entire group to far surpass its domestic peers and move up the industry dimension.
"500 million..." This huge flow of funds simply blinded the eyes of everyone present. Everyone was incredible.
The group's full-year profit was only 183 million, and Longyou's profit for the company in four months was 500 million. This gap made everyone feel very emotional, but they were also very excited at the same time.
With this huge sum of money, it is still a long-term benefit, and the future development of the group will be truly unstoppable.
Those present here are either group shareholders or subsidiary shareholders. The faster the group develops, the better, and they will also benefit from it in a chain. How can such a situation not make them excited?
Only Cai Yinong still looked shocked and could not recover for a long time.
She had heard of the Longyou platform, and she knew that Bright Times was its major shareholder, but as an outsider she had no idea what the specific situation of Longyou was.
When Bright Times was only a shareholder of Micro-Entertainment, some people in the industry who were knowledgeable about the Internet had a consensus that an entertainment giant was about to be born.
Now, Bright Times has launched an Internet business in another direction, earning 500 million in four months, which is outrageous.
The total value of her Tang Ren Film and Television business is only two to three billion, which is less than half of her four-month income.
Cai Yinong was speechless, and the shock in her heart made it difficult for her to calm down. How can other entertainment companies in the industry do this? Even if they produce ten hit dramas in a year, they can't compete. This is really a dimensionality reduction attack.
No wonder Bright Times has a trend of industrialization this year. The revenue of 500 million in the past four months is a solid foundation.
Before this, she was somewhat motivated, thinking that if giants such as Huayi, Chengtian and Bright Times could achieve such a scale, she could lead Tangren Film and Television to do the same.
After joining the Bright Era system, her momentum calmed down. Such a large group structure and such a hierarchical closed-loop industrial chain have surpassed the entire industry.
What kind of Huayi and what is Tiantian are really not enough in the face of the bright era.
She also has self-awareness, and perhaps she will never be able to achieve this level in her life.
This chapter is not over yet, please click on the next page to continue reading! Now seeing another aspect of the Brilliant Era, the shocking income data, her motivation came back.
The complete industrial chain ranks first in the country, and the scale is also firmly at the forefront of the industry. The current revenue situation has surpassed that of any domestic entertainment company. Can it continue to develop like this?
"If you can't beat him, then join. Tang Ren is the first member to join the Brilliant Era system, so he will always get some benefits." Cai Yinong thought.
Seeing the people present communicating with each other with joy, Wang Jinhua also stopped summarizing. She said: "Everyone has seen Longyou's income. It is a huge surprise in the New Year. We should also thank Mr. Chu and Mr. Liu. Without them,
There is no such surprise, come on, where is the applause?"
Everyone smiled, looked at Chu Xuan and Liu Yifei, and applauded them.
When they heard about Long You before, they only thought that Chu Xuan was engaged in the Internet business again. Based on Chu Xuan's achievements in micro-entertainment, at most they were curious about what Chu Xuan could do again, and
I don't think this matter has anything to do with them.
Later, when they were conglomerating, they learned that Chu Xuan brought Long You out to bring more liquidity to the group. But if this was the case, it would have been better to just bring Bright Times along with them, so why did they do it alone?
Investment company to do it?
This is the core purpose of Chu Xuan, the equity swap brings Liu Yifei to the top.
If Chu Xuan does not do this, but brings the group as a whole to play, then the value of the group will go up a few levels due to Longyou's existence, and the cost for Liu Yifei to buy shares again will be very huge, unless Chu Xuan gives up his shares to
Liu Yifei.
But as a result, Chu Xuan's shares were lowered, and his status as the second shareholder was gone.
But Chu Xuan pulled Liu Yifei to start Longyou alone, and then Liu Yifei became a shareholder of Bright Times through Longyou's equity s All this was natural and reasonable, and the company's senior management had no objections.
This incident not only shows that Chu Xuan is good at planning, but also that the relationship between the two couples is good after all, which explains what money is precious and love is even more valuable.
After the applause fell, Wang Jinhua looked at Chu Xuan and Liu Yifei and said: "Mr. Chu, Mr. Liu, do you want to say something?"
At the Weiyu shareholders' meeting, Cao Guowei was praised for Longyou's incident, and the incident was highlighted again in his own territory, which made Chu Xuan and Liu Yifei feel funny.
The couple looked at each other, and Liu Yifei raised her eyebrows slightly, indicating that Chu Xuan would speak first.
Chu Xuan then looked at the crowd, pondered his thoughts and said: "A company develops according to the existing scale of the market. As big as the market is, we will play within the scope of the market. Wherever the upper limit of the market is, we will go to the existing scale."
Playing at the upper limit is a routine operation."
"It is difficult to be at the forefront of the industry with such routine operations, and then reach the top, because established companies will not be surpassed so easily by your routine operations, unless they use a steady stream of works to build up their foundation and achieve overtake from the foundation of their dramas.
, this is what truly makes us bigger and stronger.”
"To produce a steady stream of works, instead of just one for a regular company a year, the demand for funds will be huge, which cannot be satisfied by the current market capital scale."
"It can be said that I have no choice but to engage in the Internet business. Compared with Haolaiwu Film and Television, which earns hundreds of millions of dollars and billions of yuan in revenue, there is still a big gap in our market in this area."
"The capital feedback from the entertainment market cannot meet the development needs of the Brilliant Era, so we can only find another way and seek sources of funds from other places."
Everyone understood Chu Xuan's words and nodded slightly.
Take Tang Ren's "Sword and Sword 3" as an example. Tang Ren invested 20 million, returned 45 million, and earned 25 million.
Under such circumstances, the money in hand came to 45 million.
Based on this, Tang Ren can only use another 20 million from the 45 million to invest in one drama, but not two dramas.
Because the company wants to operate, the social and economic conditions of manpower and material resources are rising, and it is necessary to ensure that there are more basic funds to prevent the company from going bankrupt due to the failure of a drama, so the remaining 25 million must be used to guarantee the minimum investment.
After the play fails, there is still a chance to come back again.
Moreover, we have to wait for a drama to receive payment before we can move on to the next step.
For example, if you shoot a drama in 2009 and it won't be broadcast until 2011, you can't do anything in those 10 years. You can only wait for the funds invested in 11 years to return before taking the next step.
This is the routine operation of conventional companies based on the current market capital environment.
Unless the market environment is very good, an investment of 20 million can bring a return of 70, 80, or even hundreds of millions.
However, the market environment cannot be changed by human intervention. There is a certain upper limit on the ratio of investment and income. The environment is like this, so we can only play this way.
Compared with the Western situation where the box office of a movie can reach up to 1 billion US dollars, and the sales of peripheral products can reach billions of dollars, the domestic market has yet to develop, and it will take time to slowly expand the market scale and pan-entertainment derivative industries.
However, the domestic market environment cannot meet the development needs of the bright era. A drama only earns tens of millions, and a variety show also earns tens of millions. Compared with the large investment and funding needs of the screenwriting industry and digital special effects, the current stage of film and television
No matter how well the comprehensive copyright is sold, it cannot keep up with the development pace of the bright era.
If the domestic environment keeps pace with the West, a TV series or a movie can earn hundreds of millions or even billions. They also believe that Chu Xuan will not focus on the Internet, and will be able to meet his needs in the field he is best at.
There is no need to explore new paths in an unfamiliar industry.
But the current entertainment market environment is like this. If the company cannot meet its development needs, it will have to find another way.
"Fortunately, Longyou succeeded. Its success also means that from now on, the group's development potential will be higher than that of the entire industry, a dimension that currently only Bright Times has."
An income of 500 million yuan in four months is purely based on the current entertainment market. To make this kind of money in such a time period is a fantasy.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Chu Xuan’s words are correct. With Longyou here, before the entire market enters the era of large traffic, the dimension of the Bright Era for the entire industry is
Unique and far ahead.
"2008 is a lucky year, and 2009 is the beginning of this dimension of development. I am full of hope for the future of the group, and I hope to create a truly brilliant era with the teachers in the future."
Han Sanping, Chen Kaige and others looked at each other, the real brilliant era?
This splendid era is not that splendid era. These four words in Chu Xuan's mouth point to the entire industry.
In other words, Chu Xuan wants to usher in an era for the entire industry, which is called the Brilliant Era.
To achieve this, we must fully industrialize.
At this moment, Chu Xuan's ambition was put on the bright side.
"Teachers, don't laugh." Chu Xuan saw that they were all laughing. He was a little embarrassed: "I used to have no money, no platform, and no help from teachers. I was a realist, but now I have everything. I am a bit idealistic. Please understand."
"No one is laughing at you." Chen Kaige couldn't help but laugh: "We are watching. A young and energetic talent with such full ideals and full of drive. You are the only one in the industry, and there is also Sissi. We as
Senior, I feel very grateful and happy about this."
"Yes." Zhang Jizhong nodded slightly: "The road is long and long, and I will explore it from top to bottom. This career can only be done by you young people. Come on."
Han Sanping looked at Chu Xuan for a few seconds, and the more he looked at it, the more he liked him, and he said: "Suddenly, I feel like I hope my son will succeed."
In order to break his embarrassment, Chu Xuan replied: "I call you brother, but you treat me like a kid. This is not appropriate."
"Hahaha..." Everyone burst into laughter.
"Mr. Liu?" Wang Jinhua looked at Liu Yifei, wanting her to speak.
Liu Yifei said simply: "Mr. Chu said it well, let's work hard together."
"Okay!" Liu Yi clapped cooperatively, and everyone also clapped cooperatively.
Chu Xuan couldn't laugh or cry. Liu Yifei asked him to speak first. It turned out that she wanted to use his words to go down the slope.
Good guy, I've been tricked by this fiancée again.
Liu Yifei blinked her right eye teasingly at her, her smart eyes full of victory.
Since Liu Yifei was not going to say anything, Wang Jinhua got into the main topic of the meeting.
"The first thing is that for the group park, I plan to borrow no more than one billion from the bank in the name of the group to purchase land and a series of construction-related matters."
"The second thing is that Longyou is developing steadily, and the steady flow of funds is used to maintain the overall group's performance, giving everyone more development momentum and confidence."
"The third thing is to put 400 million out of the current 590 million funds into the trust company for dividends."
"The fourth thing is, briefly talk about the project plan drawn up this year."
Wang Jinhua first mentioned the four main points of the general outline of today's meeting, and then expanded on them one by one.
Chu Xuan and Liu Yifei listened with everyone, and also looked through the documents related to today's meeting in their hands.
It coincides with the global financial crisis and the decline in housing prices. I don’t know when housing prices will pick up. The expenditure on this plan will definitely be greater, so the plan to build the group park will be launched this year.
Although the land, design, construction, materials, etc. do not need to be paid in one lump sum, the cost starts in hundreds of millions.
Longyou's capital flow can sustain it, but Longyou's capital needs to maintain the group's fundamentals.
The expenditure in 2008 was as high as RMB 570 million, and we don’t know how much it will spend this year. Longyou’s capital flow is prone to problems if it is used for the construction of the group’s park. It is best to obtain bank loans to ensure the orderly operation of the group in all aspects.
The current capital of 590 million is used to distribute 400 million as dividends. The reason why nearly 70% of the funds are used to distribute dividends is that firstly, Longyou is not afraid of the capital chain being broken, and secondly, this is also a decision to stabilize people's hearts after the groupization.
To put it bluntly, shareholders support conglomeration, and the group gets more money to distribute dividends to make everyone happy.
Bright Times' own trust financial management company divides dividends into three module pools: group dividend pool, contract dividend pool and subsidiary dividend pool.
The group pool is the dividend pool for group shareholders such as Chu Xuan, Liu Yifei and Wang Jinhua.
The contract bonus pool is the bonus pool enjoyed by Hu Jun, Li Zhengyi and their studio. This part is fixed at 12%.
The subsidiary dividend pool, including its eight major subsidiaries, needs to be discussed and considered.
Logically speaking, the head office has no responsibility or obligation to allocate money to its subsidiaries, but at the beginning of their development, each subsidiary company needs financial support from the head office to assist its development, which requires the head office to distribute some dividends.
"Of the 400 million, the group pool enjoys 60%, the contract pool is fixed at 12%, and 28% belongs to your subsidiary. As for how to allocate it, what are your ideas?"
Chu Xuan looked at the document and saw that this distribution ratio had been discussed long ago.
60% of 400 million is 240 million. He owns 25 million, Liu Yifei owns 156 million, and the remaining shareholders share in proportion.
The 28% of the subsidiary pool is 112 million. How to allocate it depends on the needs of the subsidiary.
"My literary company's basic consumption is 20 million a year. If we continue to develop the industrialization of screenwriting, the basic consumption will only get bigger and bigger. And I have a plan for this year. I will talk to Sister Hua about it later. Anyway, I expect it here.
I want 40 million." Liu Yi spoke first.
"Your family only has 40 million!" Wang Zhengyu quit and said: "Then how do we divide it? We at Star Culture are about to produce "I Am an Actor 3" and we don't have enough funds."
"Why is it not enough?" Liu Yi settled the accounts for him: "When the group split up, I gave you 20 million in splitting fees. "I Am an Actor 2" took away 10 million from the 35 million. You already have 30 million.
My literary company account is still aiming to break through 8 figures.”
Wang Zhengyu said righteously: "30 million won't be moved? Employees' salaries will not be settled? Don't say that the funds for "I Am an Actor 3" are not enough. Mango Channel is also preparing to cooperate with us in a new variety show, and here is another big investment.
"
"After the new variety show is released, uncertain matters will not be considered. If there is cooperation, the head office will support it." Wang Jinhua said, and group shareholders such as Chu Xuan, Liu Yifei, and Han Sanping were watching the show.
Huang Bing, chairman of the brokerage company, Zeng Zhengzong, chairman of digital special effects, and Hu Hanguang, chairman of the theater company, wanted to add a few words to benefit their own companies, but they were all amused by Liu Yi.
The company's account is still aiming to break through 8 figures. This sentence really makes them embarrassed to compete with Liu Yi. This is really a bit poor.
Cai Yinong also smiled. According to the agreement signed by Tang Ren and Bright Times, Tang Ren will have the opportunity to enjoy the bonus after three years. Although the current matter has nothing to do with her, colleagues at the same level as her are arguing about the bonus. This situation is
It's rare and extremely interesting.
"As for digital special effects, the current domestic special effects market is like this. Everyone knows that our business is not profitable and cannot compare to your movies, TV and variety shows."
"Furthermore, Sister Hua and Mr. Han also mentioned to me that I need to expand the scale of digital special effects this year and adapt to the industrial development of screenwriting, so my funding needs here need to be 30 million."
Zeng Zhengzong gave a speech and mentioned 30 million.
The total amount is 112 million, Liu Yi wants 40 million, and Zeng Zhengzong wants 30 million. This is a rhythm that wants the other six companies to divide the remaining scraps.
Li Hedden became furious immediately. He slapped the table and was about to speak, but was stopped by Liu Yi: "Just shut up. The TV rights are all in your hands. You are the main business income of the group. How dare you tell us?"
Fight?"
As expected of a top screenwriter, his words are sharp.
Li Hu instantly misfired, making everyone feel full of fun.
"Okay, okay." Wang Jinhua said at the right time: "Let's talk about this issue in our spare time. Give me your needs before the New Year. I will discuss the results with Mr. Chu, Mr. Liu and the shareholders and then give you an answer."
This fight is endless. Every company has its own needs. From the perspective of each company, it is natural to hope that the more funding the better, but from the perspective of the group, which demand is more in line with the current development of the group as a whole?
Profit is the most important thing.
But at this moment when everyone is present, it is difficult for these chairman of the board to consider the overall situation. After all, there are still shareholders under them who need them to go back and explain the details of the meeting, and they also have to consider the interests of their shareholders.
"I always mentioned digital special effects, which is closely related to this year's TV projects."
"Before the conglomeration, digital special effects was just a department of the film and television company. The majority of the company's overall revenue came from the film and television company. Because the revenue was good every year, the specific situation of each department was ignored."
"For example, the special effects department, which trained technical talents before conglomeration, produced special effects and expanded the special effects library. To put it bluntly, they were just paid, and we can't see the whole picture."
"After the conglomeration, the special effects department established a separate company, and the shortcomings in the business sector became highlighted."
"I discovered that special effects companies and literary companies have the same nature. They both have the attribute of Pixiu. They can only enter but not exit, or they can enter more and exit less."
Pixiu?...Wang Jinhua's description made everyone laugh.
Zeng Zhengzong is a little embarrassed. The special effects market has been in recession for several years. He used to work in a film and television company. Since the overall situation of the film and television company is very good, the slump in the special effects business is not obvious.
After setting up a separate company, this shortcoming was exposed.
There was nothing he could do. The domestic market was not like Haolaiwu, which could make big money by continuously accepting big orders for special effects.
The cost of special effects is huge, no less than a literary company’s 20 million a year.
If the company team had not had the big order of "At the Gate", his digital special effects would have had no business last year. It was not because the technology was not good, but because the industry's demand for special effects was low. With the current operating scale of 300 high-end machines, it is normal to operate at a loss or make little profit.
of.
"Seeing this situation, Mr. Chu, Mr. Liu, and Mr. Han and I discussed it. First, we should increase the presence of Mr. Zeng's digital special effects company. Second, we could use special effects movies and TV shows to release it to the market, which might increase the market for special effects.
The third signal is to let the special effects design department and the screenwriting industry department see if they can come up with a standard." Wang Jinhua said.
During the family gathering on New Year's Eve, after Chu Xuan finished talking about the plan for the script exhibition, she, Chu Xuan, Liu Yifei, and Han Sanping considered the issue of digital special effects.
On New Year's Day, she spent the whole night thinking about it with Chu Xuan and Liu Yifei.
After discussing the idea just mentioned with Han Sanping, Han Sanping also supported it, and then the solution to this idea was given to Li Hedun.
Li Hed thought about this during this period and changed the drama plan drawn up by the project department. In addition to the already decided "My Love from the Star" and Tang Ren Film and Television's "Step by Step", "Xuanyuan Sword"
After "Henmark in the Sky", the other two original dramas were changed to "Ghost Blowing the Lamp" and "Zhu Xian 2".
Since special effects are required, these two dramas are very suitable. "Xuanyuan Sword: Traces of the Sky" is also a fairy tale drama. Now the special effects company can operate at full capacity, right?
