Reborn: Billionaire in College
Chapter 376: Entertainment Group Reports, Invests in Lost in Thailand
"Yifeng!" Chen Pingjiang remembered something while reviewing documents and shouted outside the door.
A moment later, Xu Rui walked in and reminded awkwardly, "Director Chen, General Manager Guan has officially taken office."
"Oh, that's right. Okay, go ahead and do your work. I'll call him alone."
Guan Yifeng has already brought Xu Rui out. He has been in office at Renrengou for a few days. Chen Pingjiang has become accustomed to it and it takes him a while to get used to it.
Gao Songbin has always been the president of the group buying business group at Renrengou.
As the takeaway business developed faster and faster and the group had more and more things to do, Gao Songbin became too busy and asked Chen Pingjiang for help several times.
11 o'clock in the morning.
Xu Rui walked into Chen Pingjiang's office and said, "Mr. Chen, Director Wan, Director Zhao, and Director Wang from the Entertainment Group have returned to Dongjiang to report on their work and are already waiting in the conference room."
"Okay, I'll be there right away."
After finishing the tasks at hand, Chen Pingjiang came to the meeting room.
"Long time no see, Lao Wang." Chen Pingjiang greeted Wang Xin first, then nodded to Wan Yuqian and Zhao Shaoyang. "How is the filming progress of "So Young"?"
"It's going pretty smoothly. It will be finished in two months. I've been keeping an eye on it. We just finished filming the scenes at our University of Finance and Economics a while ago." Zhao Shaoyang said with a smile. "Naza is a professional after all. After intensive training, she performed well."
Chen Pingjiang nodded without comment, then moved his gaze to Wan Yuqian's face and asked with a smile, "What instructions do you have for me this time, Senior Sister?"
Wan Yuqian's eyes moved and she rolled her eyes: "How dare I give any instructions? This time, Mr. Wang and I came here mainly because of the video website."
"Are you talking about the merger of Youku and Tudou?"
"Correct!"
Some time ago, the whole country was focused on the red envelope war between Alipay and WeChat Pay, and then paid special attention to the battle between oranges and apples.
Little do people know that the competition in the video field is also in full swing.
Earlier this month, Youku Tudou merged. Add to that Tencent Video, iQiyi, Qvod, and LeTV, and it's really a battle of gods. In addition, there are PPTV, Ku6, Xunlei Kankan, and Sohu.
The current streaming media market has not yet taken shape.
Each company is groping for its own way.
However, the industry is generally surprised by the sudden marriage of Youku and Tudou, two US-listed companies.
After all, as an industry giant, Youku now has a market share of 21.8%, the second-largest Tudou has 13.7%, and the third-largest Sohu has 13.6%.
Qvod ranked fourth with 10.7%.
Following Qvod are iQiyi, Xunlei Kankan and LeTV.
Tencent Video has not yet made its mark.
Wan Yuqian said: "Youku and Tudou have been involved in lawsuits, and this merger has given us a big warning. This year is a year of reshuffle. Online video itself has high losses, and it has to invest a lot of money to buy copyrights. It is estimated that many companies will fall behind. I suggest that we see if we can acquire 1-2 of them, mainly because of their copyrights."
Youku acquired Tudou because Tudou could no longer survive and had no copyright.
Buying copyright is a huge investment, and a website without a foundation really can't afford it.
Baidu's own iQiyi teamed up with Kuaibo and Tencent Video. These "rich second generations" entered the market and acquired copyrights on a large scale, which indeed put a lot of pressure on Youku and Tudou.
Wang Xin smiled and said, "I admire your vision, Mr. Chen, for seeing the situation clearly in 10 years. Fortunately, I listened to you and solved the copyright issue, otherwise Kuaibo would be sued to death by these giants. In just a few years, version protection has become more and more rapid. If Kuaibo still follows the previous path, it will indeed have no future."
"This high-threshold, high-investment industry seems to be burning RMB for warmth. From the beginning of 2011 to now, the purchase price of exclusive dramas has increased 15 times. With the sharp rise in costs, websites have to produce their own dramas and purchase copyrights at a high cost. Companies with insufficient funds have encountered difficulties. 56.com was fully acquired by Xiaonei.com in the second half of last year. Some industry insiders said that there will be no more than four major players left in this industry."
Chen Pingjiang nodded: "Funding is not a problem. We should buy copyrights when necessary and make our own when necessary, including but not limited to movies, TV series, and animations. Also, remember to acquire those novel websites on Qidian." "Our film and television company has no problem here. Not only have we invested in many excellent projects, but we also have more than 20 self-made programs covering finance, sports, society and other fields."
When Zhao Shaoyang was speaking, Chen Pingjiang interrupted and asked, "Has the "Lost in Thailand" I mentioned last time been invested in?"
"Yes, Xu Zheng happened to be short of funds, so we hit it off. He was originally planning to ask Huang Bo to invest, but we stopped him. The total cost of production and promotion was 6000 million, and we took half of it."
The "Lost in Thailand" project was specifically requested by Chen Pingjiang.
The good thing about Zhao Shaoyang is that he completely obeys Chen Pingjiang and doesn't use his own brain.
…………
After the performance review meeting, Zhao Shaoyang found Chen Pingjiang.
"Brother Chen, did you know about the university reunion?"
"I know. Cong Nini told me."
Zhao Shaoyang said with a playful smile: "But you didn't reply last time, and everyone is waiting for you to express your opinion, so the date and number of people have not been decided."
"What if I don't go?"
"If you don't go, then it would be good if one-third of them can come. At least the ones in our dormitory probably won't come."
Chen Pingjiang sneered: "If I don't go, I will become a sinner? Okay, let's go next Saturday."
Chen Pingjiang looked at his work schedule and found that there was nothing to do next week.
In a blink of an eye, it has been two years since graduation, and the students of Class 4 of Industrial Management all want to get together.
But how can it be easy to have a university reunion with people from all over the world?
Many people are so busy with various things that they can't even take time off.
Students who are not doing well don’t have the face to come here.
Given Chen Pingjiang's personality, he would definitely not go, but Zhao Shaoyang had already said so.
It would be bad if you don't go.
Zhao Shaoyang rarely returns to Dongjiang, so naturally he arranges for a gathering with his good friends.
In the evening, he forced Chen Pingjiang to go to the bar, and Zhou Guanghan and Dai Sheng accompanied him.
Dai Sheng smiled and said, "I just got back too. I've been busy with the branch in Shanghai for some time."
After all, these two people couldn't stand the loneliness.
The Tiangong Bar's business is so good that there is no reason not to find a way to make more money.
"Let's not talk about work, let's just drink to our heart's content today. By the way, Brother Chen, do you want to find some girls? It's boring for a few grown men to just drink."
"No..." Chen Pingjiang was about to refuse.
Then Zhao Shaoyang said, "I'll call Nazha over. The crew of So Young is staying not far from here."
The words came to his lips, but Chen Pingjiang swallowed them back, "Okay, let's meet."
-
This one is as short as my JJ, and in bad condition, 4K words short. I'm out collecting materials now, and will make up for it tomorrow. (End of this chapter)
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