Who are you calling powerful?.

Chapter 619: Market value of 500 billion, Boss Wei, active in the financial field
The consensus on the repurchase of PPTV shares was reached in mid-March.

The price was beyond many people's expectations. Suning's 15% stake was sold for 65 billion yuan.

When this matter was made public, the entire Internet was in an uproar!
This means that PPTV's valuation is approaching RMB 450 billion, which is considered to be a high-end company on the Internet.

However, after the uproar, things slowly calmed down. After all, PPTV is recognized as the number one video website, and even its valuation of nearly 450 billion is considered quite conservative by many people.

After all, the entertainment industry is booming nowadays, and the market value valuations of related companies are also rising.

Take LeTV as an example. Although it has experienced hardships in recent years, its stock price has risen again after the news of Wei Yang's investment and subsequent substantial capital injection by Sunac, and its peak period once approached 700 billion.

This is the case for LeTV, which has not yet escaped from its predicament. PPTV, which now has a bright future, must be worth no less than 500 billion yuan.

Apart from other things, just from PPTV's prospectus, its revenue in 2016 exceeded RMB 137 billion, with the highest year-on-year growth rate in the industry, the lowest loss rate, and it was even expected to make a profit at one point.

Of course, LeTV has to be put aside separately from the list here.

Not only did its revenue exceed 2016 billion in 200, but it was also the only one among the major video sites that did not suffer losses, and instead earned a profit of 5.5 million.

Boss Wei thought about it at home for a day and a night, but he still couldn't figure out how LeTV achieved a revenue of more than 200 billion and even made a profit when it was beaten by PPTV, iQiyi, and Penguin and its industry share was squeezed out of the four major websites.

If LeTV is really that awesome, why would it mortgage the copyright of its film library to PPTV?
I can only say that Accountant Jia is so terrifying!
Wei Yang doesn't care how Boss Jia does the accounting, but based on PPTV's data and the current market environment, even a valuation of 500 billion may not be enough.

But since it is a valuation, there are ways to overestimate it, and naturally there are also ways to underestimate it.

The repurchase of Suning shares is said to be at the market price, but the key website is not listed, so the market price is actually decided by the two parties, and they are just showing off their skills.

If outsiders think this price is low, it means that Wei Yang and PPTV are one step ahead.

Suning has definitely suffered losses, but not as bad as the outside world imagines.

You should know that when Suning and its partner company acquired PPTV, the two parties spent a total of only 25 billion.

After Wei Yang took over, he continued to invest money to dilute Suning's shares. Suning was still resisting in the early days, but later couldn't keep up, which allowed Wei Yang to eventually control PPTV.

During the financing phase, Suning also invested some funds to maintain its shares, but the amount was not large, so in the end it only retained 15%.

The total amount of these investments did not add up to 65 billion yuan, so Suning actually made a profit by taking so much money and leaving.

But Suning obviously doesn't think so. After all, if the so-called "profit" is shared with the cost, energy and time that Suning has paid for it, it can hardly be considered a profit.

Not to mention, Suning has been kicked out this time. These shares are now worth 65 billion, and once they are listed, their value will be even greater.

Even from Suning's perspective, the entire PPTV should belong to Suning.

Wei Yang used despicable means to rob them of a business that was worth tens of billions, and might even be worth hundreds of billions in the future.

Of course, PPTV rose to prominence under Wei Yang, and whether it would be equally successful under Suning was naturally and intentionally ignored...

When PPTV announced Suning's departure, an Instagram account suspected to be owned by Suning's prince reposted a foreign fable.

The plot is not complicated, it can be summed up in four words: the cuckoo takes over the magpie's nest

The intention is very clear, implying that Boss Wei snatched away PPTV that "originally belonged" to Suning.

Many netizens who like to watch the fun translated this story, even pointed out the hints, forwarded it to China, and it became a hot topic.

The image of this prince is still good in China, at least much better than a certain Mr. Wang. After Suning took over Inter Milan, he was once considered a model of the rich second generation.

This time Suning was given a big blow by boss Wei. The prince of Suning couldn't help but be sarcastic. How could everyone not watch the fun? They were hoping that the two sides would fight.

There is even discussion on the Internet about who is right and who is wrong!
Many people support Suning. After all, many people like to sympathize with the weak.

Suning first acquired shares, lost control, and then was driven out. It is indeed quite miserable, and Boss Wei seems somewhat unkind.

There are many people who support Boss Wei. The business world is like a battlefield. Suning took the lead and had considerable energy, but was eventually driven out. This shows that Suning is too weak.

Besides, everyone knows who is responsible for the rise of PPTV. Suning is not doing its job and is always dragging its feet. If not it, who else can it blame?

The two sides had a fierce quarrel online for a while, but one thing is recognized, that is, Suning was indeed defeated this time, and it and Wei Yang will become enemies.

Wei Yang naturally saw the voices on the Internet and was not surprised. He had thought about this day when he was about to be eliminated from the game by kicking Suning out.

In fact, over the years, there have been cynics who have regarded the fact that Wei Yang acquired shares after Suning and then seized power in PPTV as a major black spot on his face, trying to show how cruel, ruthless and shameless he is.

Wei Yang sometimes felt that there was something wrong with these people.

He is a capitalist with a net worth of hundreds of billions. How could these people associate him with positive words such as kindness and honesty?

A gentleman who follows the rules, is kind and generous is not suitable for the entertainment industry, let alone the business world, as he will be eaten up by others without leaving a single bone.

Wei Yang didn't bother to pay attention to these anti-intellectual remarks. He was more interested in the Prince Suning's broken defense.

Looking at the fable, Boss Wei was not very satisfied: "Wouldn't it be better to just use the Middle Eastern Jews as an example? It would be more vivid and figurative. How can you make people respect you if you are so timid?"

But to be honest, this guy is quite shrewd. If it were some other rich second-generations, they would probably have cursed at him.

It's a pity, Wei Yang actually had a good impression of him, and they had a very happy chat about football last time, but it seems that they won't have the same chance to do so in the future.

The most regrettable thing is that Prince Zhang was still kicked out of Inter Milan a few years later, and had to experience the feeling of "the cuckoo occupying the magpie's nest" again...

Suning has become a thing of the past, and Wei Yang’s main concern now is to eliminate internal troubles at PPTV.

Although this acquisition cost a lot of money, it also created momentum for PPTV's success.

Before going public, most company valuations were fictitious, but this time there was a transaction involving real money, which provided a reference for everyone.

If the relevant valuation data is lower than 450 billion, it would be an insult. If there is any slight positive news, the valuation will soar.

PPTV also released the news at the right time that it expects to raise more than US$15 billion through this IPO, which is RMB 103 billion based on the current exchange rate.

Although PPTV has not yet disclosed how many shares it will release, nor the specific terms of fund raising, many institutions have raised PPTV's market value to more than 500 billion yuan, and some are optimistic that it will go straight to 600 billion.

PPTV is excited about the outside world's optimism, and Wei Yang is also happy, but he knows that this is not the limit for PPTV.

The current stock market for video websites is in a relatively blank period.

Youku was acquired by Alibaba and delisted, Penguin is a subsidiary of Penguin and has not been listed independently, iQiyi is still in the planning stage, Bilibili has not yet made a full effort, and Sohu and Mango are not enough of a threat.

There is only one company that can be ranked high, LeTV, but although it looks prosperous on the surface, it is actually mired in crises.

Once Boss Jia runs away, the building will collapse, and no matter how high the stock price is, it will only fall faster or slower. Therefore, once PPTV is listed, it is very likely to become the only video website listed company in the short term, and reap all the dividends of the golden age of entertainment.

Wei Yang had a vague impression that in his previous life, iQiyi went public in early 2018, with a market value of approximately US$110 billion, or more than RMB 700 billion.

It doesn't sound like much, but just a few months later, around the middle of the year, iQiyi's market value soared to US$244 billion, equivalent to RMB 1600 billion, which was higher than Weibo at the time.

And this doesn’t seem to be iQiyi’s peak market value. At its peak, it should be over 300 billion US dollars, which is comparable to NetEase.

Of course, peak market value does not represent everything, but before the cold winter of mask-driven film and television industries came, iQiyi's long-term market value had remained stable between US$150 billion and US$200 billion.

Today's PPTV may not be as good as iQiyi in some aspects compared to the same period in the previous life, but it is obviously stronger than iQiyi in some aspects.

In particular, the daily momentum and apparent performance are extremely prominent and strong, which can easily have a positive impact on the stock price.

Therefore, Wei Yang is very ambitious, and a market value of 500 billion is just the beginning for him.

The film and television industry will be in a cold winter for a few years. If Boss Wei doesn’t make some money and gain some fat, how can he survive the cold winter?

...

Boss Wei, who was not affected by the Suning incident, appeared at a high-end business conference in Shanghai a few days later and chatted and laughed with several bigwigs.

Soon after, Wei Yang was interviewed by the authoritative foreign financial magazine "Financial Times", mainly discussing the entertainment ecology of China's film and television and the Internet.

But when this report was subsequently transmitted back to Europe and the United States, everyone's focus was on Wei Yang's title - [the richest star in Asia (the world?)].

This is also a major label for Wei Yang in foreign countries, especially in Europe and the United States. They are happy to bundle his celebrity attributes with his identity as a young wealthy man, and then bully European and American stars such as Taylor Swift and Justin Bieber.

However, this did allow Wei Yang to be recognized by two of the underwriters when he accompanied the PPTV listing team to the United States, and he enjoyed some professional flattery from Wall Street.

After returning from the United States, Wei Yang appeared at the mobile game launch conference of Red Shark's popular game "PlayerUnknown's Battlegrounds".

Together with the CEO, they condemned a shameless game company in Shenzhen Stock Exchange for plagiarizing Red Shark's game, hoping that the company would stop and take action, otherwise Red Shark would not hesitate to take it to court.

If the lawsuit is filed in Shanghai, Xuhui Doll will have the home advantage and will hopefully teach Nanshan Pizza Hut a lesson.

Throughout March, Wei Yang made several appearances, almost all of which had nothing to do with the entertainment industry. Instead, he became active in the financial sector.

Some netizens joked that Boss Wei finally remembered that he is the big boss.

But there are also many netizens and fans who hope that he will stop "not doing his job properly" and focus on filming.

But unfortunately, this wish cannot be satisfied in a short time. Boss Wei even began to enjoy this kind of behind-the-scenes life.

It would be better if I had several wives who were easier to serve!
In early April, the sun is shining and the breeze is blowing, which is perfect for a picnic and playing.

Liu Shishi, who is seven months pregnant, has a very obvious belly. Having been cooped up at home for so long, she has to come out for some fresh air from time to time.

Wei Yang took her with him, and also invited Li Jiahang and his wife, Xie Nan and Wu Jing and his wife who came to Shanghai, as well as Liu Yan, Guo Xiaoting, Hu Ge and others who had a good relationship with her to go fishing and have a picnic in the fish pond contracted by her on Chongming Island.

The pregnant Liu Shishi was the center of attention and the object of protection for all the girls. Even Wei Yang was pushed aside.

He was also happy and relaxed, fishing and cleaning up the barbecue with a few male compatriots, chatting and joking from time to time.

The main target of ridicule is Hu Ge. Although this guy will never have "Langya Bang" in this life, the performance data of his works are good, and he has firmly maintained his top position.

But no one knows what this guy was thinking. He got carried away and announced a plan to study abroad.

What's even more ridiculous is that an event organizer held a farewell party without consulting him and directly put Hu Ge on the stage.

No matter whether his boast of studying abroad was a joke or a pretense, or he really wanted to go, after this experience, he had no choice but to go.

But he obviously underestimated the difficulty of studying abroad. Wandering alone, not understanding the language and culture, having to give up all the star halo and bury his head in study, he would constantly encounter difficulties in his study and life.

If he really wanted to study, he would probably stick with it.

But Hu Ge obviously didn't do that, so he returned home in disgrace just a few months after going abroad, and was once hotly discussed and criticized.

"Behave yourself this time. Don't show off. If you do, you'll get struck by lightning."

Wei Yang was gloating. He and Hu Ge had a good relationship and were even equally famous in the early days. Although the gap between them was too big now, some people still linked the two together.

When it comes to career, wealth and achievements, Boss Wei is unquestionably the best and beats Hu Ge by a mile.

But in terms of character, or to be more precise, personal style, it is Hu Ge's turn to beat him. Not to mention that this guy has been marketing his love story with his first love, and his reputation is very good among male stars.

Boss Wei had always been a little jealous of Hu Ge's good reputation, and he was particularly happy to see him fail.

Hu Ge was very upset, but he still spoke stubbornly. He had to pretend to be cool, or else he would rather die.

It’s okay to make fun of each other in private among friends, but you still have to help when you need to, Wei Yang suggested.

"Why not say that I called you back and asked you to film with me as a way to give you a way out?"

Although it is still a slap in the face, it is at least an excuse. If it is a particularly good resource, it may become a good story in the future.

For example, he even gave up studying photography, and eventually created the classic Balabala.

Hu Ge was obviously tempted, not only to avoid being slapped in the face, but also because he knew that since Wei Yang was looking for him, he must have good resources, so his curiosity could not be suppressed immediately.

"What play? It's not the new play you prepared, right?"

"What are you thinking about? That's my drama. I'm talking about an online literary IP. After thinking about it, I think you're more suitable. If you don't want to do it, I'll give it to Zhang Ruoyun."

"Online novels? Male and female?"

"Male channel!"

Hugo was surprised: "Male Channel, are you going to compete with Penguin? Is that possible?"

"Most of the best-selling male-oriented movies are in the hands of Yuewen, but this IP just happens not to belong to Yuewen."

Li Jiahang, who was busy digging coal, raised his head and said thoughtfully when he heard this.

"You're not talking about The Snowy Swordsman, are you?"

(End of this chapter)