director of the millennium

Chapter 756 Current Status of Subsidiaries

On June 2017, 6, Liu Yifei and her management team flew to Shanghai to join the crew of "Time Raiders" to start filming.

After finishing filming this movie, she will fly to North America to participate in the filming of "X-Men: Dark Phoenix".

However, "Blink" is not the leading female character in "X-Men: Dark Phoenix", so she does not need to follow the crew throughout the filming. She will be able to wrap up the filming in about a month after joining the crew, and will return to China before the end of the year to finish this year's movie shooting.

In other words, Liu Yifei will be on a business trip for the next half a year. Unless Wu Yuan goes to visit her on set, he will most likely not see his wife.

Under such circumstances, Wu Yuan, who was left alone in the capital, also felt a little lonely.

It was okay when he was working normally, with a lot of colleagues busy together in the crew and the company, so he naturally didn't feel lonely. But staying alone at home would really make people feel lonely, especially when Wu Yuan woke up from the bed alone at four o'clock in the afternoon, feeling the setting sun shining on his cheeks, he was overwhelmed by an endless sense of emptiness.

Wu Yuan couldn't stand this feeling anymore, so he packed up and went to the company.

This was his first time coming to the company since the Chinese New Year. Even the new receptionist was seeing the big boss for the first time and was very surprised.

By the time Wu Yuan walked into Li Xiaoping's office, he had already received countless "shocked" and "puzzled" looks. This guy actually came to the company!
"Why, you finally can't stay at home anymore?" Li Xiaoping looked at Wu Yuan with a smile on her face, and said teasingly, "You are more persistent than I thought. I thought you would come to the company the day after Xixi left."

"You just can't stand seeing me give up, right?" Wu Yuan rolled his eyes in annoyance, sat lazily opposite Li Xiaoping, and asked boredly, "How is the company lately?"

"Of course everything is normal."

Li Xiaoping took out a document that had been prepared long ago from the drawer and handed it to Wu Yuan for review.

"The company has released three movies this year, with a total box office of more than 40 billion yuan. Two more movies will be released in the second half of the year, one is "Sword Immortal" and the other is "Ex-Files 3."

"I'm really not used to not having your movie released this year."

Wu Yuan took the document and flipped through it casually. They were all some report data. Needless to say, the operation of Light and Shadow Times was very good. Ever since the company got on the right track and became a leading film company in the country, even without Wu Yuan's "midanalysis", under the leadership of Li Xiaoping, the company's annual revenue was very considerable.

When a company is large enough, as long as it can maintain stable development, even if it makes some stupid moves, it will not be seriously affected.

As time goes by, Wu Yuan can become a hands-off boss. Even if he loses his foresight in a few years, the company will still be able to turn around without him, and even operate very well.

This is the most gratifying thing for Wu Yuan. It also makes him more calm when facing the future, without that embarrassing feeling of "countdown".

It's not just Guangying Times, these reports also include those of several other companies.

Cinema brands like Guangying Times have now entered a stage of stable operation, with more than 300 cinemas across the country. Although it is not the largest Chinese cinema chain, it can be ranked among the top five in the country.

The value of some self-built movie studios and cinema real estate alone has made a lot of money because of the high housing prices in recent years. In addition, the movie market has been booming in recent years, so the Guangying Times Cinema Chain is also very profitable and operates very healthily. After all, when a movie is released, the cinema chain gets the largest share. Even though Guangying Times Cinema Chain bears very high labor and operating costs, it can still make 700 to 800 million net profits a year.

The most important thing is that the real estate has always been there, and it is also an industrial asset. The value of these real estates is over 10 billion, which is the big part!

In comparison, Guangying Kuaibo is really a bottomless pit for spending money.

After the first round of financing was completed, except for the cashed-out portion by shareholders, the remaining money was all invested in the company's development. It was just a few billion dollars, but it has almost been spent by now.

In the past two years, Guangying Kuaibo has produced more than a dozen self-produced TV series and seven or eight self-produced variety shows in Japan, South Korea and China. Most importantly, it has purchased a large number of copyrights and expanded a lot of servers, which has increased its operating costs again.

The only good news is that, at least after a few years of operation, Guangying Kuaibo's sites in many countries except China have achieved profitability, and the annual net profit has been growing rapidly.

Especially in terms of paying users, the payment rate in Japan and South Korea is very high. Combined with advertising revenue, they can earn hundreds of millions of RMB a year.

The only exception is the domestic sector, which is still in the stage of a melee among four companies. Even if Guangying and Kuaishou are not really involved in the melee, as the three major companies are steadily eroding the market, no one dares to raise the price of paid memberships and is still losing money in exchange for market share.

However, this situation is about to be resolved. So far this year, Guangying Kuaibo has only lost more than 2 million yuan, and it is estimated that it will only lose 3 million yuan by the end of the year. It is expected to achieve net profit without losing money next year!

The main reason is that the company's Misty Theater is doing very well and has its own characteristics, which has consolidated a group of core users who will not switch platforms. On this basis, Chen Dewei is trying to develop more special theaters, using low-cost online dramas in exchange for a large base of paying users. Overall, the prospects are very good.

Without Wu Yuan's involvement, everything went smoothly for his companies in the first half of this year, and all three companies became leaders in their respective industries.

If Wu Yuan is willing, even if he announces his retirement now, the entertainment industry he has built will not be destroyed and will have the ability to grow independently.

"Seeing the company's financial statements show such promising results, I don't want to work hard anymore." Wu Yuan closed the folder and said with a smile.

"That won't do." Li Xiaoping raised her eyebrows. She didn't take Wu Yuan's words seriously, thinking he was joking, but she still said seriously: "Director Wu, you are our backbone. You can be away from the company, but you still have to work hard."

"At least we at Guangying Times can't live without you. Whether it's a new script or a new movie, the company really needs you."

"How is it, you've been resting for more than half a year, do you have any new movie plans?"

Sure enough, as long as I see Li Xiaoping, I can't escape this matter.

Wu Yuan rolled his eyes again, but did not refuse. "It's time to think about a new movie."

"Time is running out!" (End of this chapter)

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