The King of Huayu Science Fiction

Chapter 176 The Value of DreamWorks

Station C is also a competitor of the long video track—even though few of his videos are copyrighted, Huanshi.com internally has a backlash against "capital enemies", and Penguin Group originally wanted to intervene but was blocked by its wholly-owned subsidiary Strong opposition has delayed decisive action.

No matter how far-sighted a leader is, he may not be able to break through the internal barriers.

The current president of Huanshi.com may not want to continue betting on station C, but he cannot suppress other opposition forces from the top.

In contrast, the Penguin Group has a greater opportunity-it has the ability to make decisions that damage the interests of a certain department or a subsidiary within it in the short term.

However, Huanshi.com cannot oppose itself, and it is difficult to do things that will damage the interests of the company in the short term, but will bring huge benefits in the long run.

While Huanshi.com was hesitant about this, Penguin Group may bring funds to satisfy the hunger of station C at any time, leading the fourth round of financing of station C.

And this short window period is Chen Jingxing's opportunity, and it is a once-in-a-lifetime opportunity.

Chen Jingxing is optimistic about Station C not because it is the largest barrage video website in China.

The reason is that Zhao Jianbo, the founder of Station C, made the right decision—the same decision as the barrage website in Chen Jingxing's previous life.

Use the animation and game business to spread the traffic in the house, gain profits, support its continued development, and purchase some animation dramas that can support the retention of core users.

At the same time, develop self-made content and encourage users to upload secondary creations or other video content, so as to stabilize or even expand the user base after most of the infringing works have been cleaned up.

The reason why Huanshi.com is not optimistic about this article is because they also have a section that encourages users to upload videos independently, but they have not achieved the expected effect of enhancing user stickiness—of course, because all videos on the platform are in front of There are ads.

Station C, as a medium-to-long video platform, has its own endowment and the advantage of no advertisements in the opening titles, allowing him to achieve in some respects what only future short video platforms can do. This is the current long video like Huanshiwang. Unexpected by the platform.

Based on these factors, Chen Jingxing believes that the future of station C is relatively bright, at least it will be no problem to go public.

He vaguely remembered that in the plane of his previous life, the market value of the barrage website soared five times within a year after it went public, and this was still at a huge loss.

If station C on this plane can achieve such results, investing in station C is a very cost-effective investment that can bring huge returns.

And this is actually not the main purpose of Chen Jingxing, although he thinks he can't become a streaming media giant like Netflix, even if he wants to become a domestic streaming media giant, it's too late.

Station C is currently the easiest video platform to intervene. With such a video platform, his retreat is much greater, and DreamWorks, as a novel high-quality content exporter, is very suitable for a platform for young users like Station C.

Including DreamWorks' upcoming animation projects, station C is a very suitable platform for both publicity and IP fermentation.

And he can also take the lead in establishing DreamWorks' online broadcast mode at station C-single payment mode.

The reason why Chen Jingxing confessed to Zhang Jingyan that he coveted station C was also because he was sure that in this matter, Huanshiwang and himself absolutely hit it off.

Huanshi.com is not optimistic about the future of station C, and does not want to continue to follow the investment, but it will not give up this "stronghold" easily, and is worried that if it does not spend money, Zhao Jianbo will ask Penguin for money.

And Chen Jingxing's proposal just solved the headache of the top management of Huanshi.com. Dreamworks is not a competitor on the same track as Huanshi.com, nor is it an Internet company, and Huanshi.com is also the second largest shareholder of DreamWorks.

If it weren't for Penguin Video to also have shares in DreamWorks, it wouldn't be a big problem to say that DreamWorks is a company of the fantasy lineage.

The fourth round of financing of Station C led by DreamWorks instead of Huanshi.com can not only solve the internal opposition problem faced by Huanshi.com's president, but also isolate the intervention of other competitors.

The only two questions are: whether Station C is willing to accept investment from DreamWorks, and whether DreamWorks has so much money.

But the first question is not a problem at all in the eyes of Chen Jingxing and Zhang Jingyan.

DreamWorks has "Comet," "Fatal Identity" and "Signal" in its hands, as well as the highly anticipated "Source Code," which will be released in April.

Moreover, DreamWorks also announced the production of three animated series including the second season of "Star God"-the pirated resources of the first season of "Star God" are the "treasures of the station" at Station C, whether it is Considering the current situation or the long-term future, high-quality content exporters such as Station C and DreamWorks are perfect partners.

Then the point is the second question. Zhao Jianbo, the founder of station C, insisted on a valuation of 25 billion in this round of financing, while Huanshi.com insisted on a valuation of 15 billion. A big reason for the backlash in internal opinion.

To be honest, Zhao Jianbo is a bit of a lion. Barrage websites like Station C have long been a shame for the valuation of Internet companies. Of course, it is because they started with infringing works, and they often involve some color issues. , if there is no strong backing support, you can never tell when the founders may enter.

Obviously, the management of Station C is eager to obtain a large amount of funds to develop the game business and purchase the copyright of the core animation series to complete the transformation as soon as possible.

Of course, Zhao Jianbo has also made a relatively large concession in terms of equity. He hopes to raise more than 6 million, or 1 million US dollars, in this round of financing.

With such a rare opportunity in front of him, Chen Jingxing wanted to directly obtain the position of major shareholder in one step.

So where does the money come from?Not to mention that "Source Code" will be released in April, even if it is released during the Spring Festival, it will be a bit late to wait for the funds to be withdrawn-the fourth round of financing at Station C cannot be delayed for too long.

DreamWorks financing again?
Chen Jingxing was not willing.

Issue corporate bonds?
In China, this is something that only listed companies can do.

In addition, it is financing from the bank.

"Of course I went to the bank."

Zhang Jingyan frowned and asked, "Which bank?" Because DreamWorks' ongoing "Gravity" is a project that is considered extremely risky even in the film industry, Zhang Jingyan thinks it may not be easy to find a bank for financing. The copyright of "Source Code" also has a relatively high chance.

"China Development Bank!" Chen Jingxing looked at Zhang Jingyan, who had a look of surprise on his face, and showed a mischievous smile: "China Development Bank's special funds for supporting the cultural industry, the state is of course helpful to companies like DreamWorks that can export culture. Isn’t the value of DreamWorks in return?”

(End of this chapter)