Millennium director

Chapter 488 Strategic Investment

Director Wu, our Happy Twist Theater Company pioneered the concept of Lunar New Year stage plays and has now developed into a new type of theater company that continues to create high-quality original comedy content.

And we have already established an entertainment and culture company. This year we plan to establish Happy Mahua subsidiaries in Pengcheng, Magic City, Jincheng and other places to expand our business scope.

The comedy The Count of Wulong Mountain starring Xiao Shen is currently touring across the country.

The company has currently launched 12 original stage plays. The plays have triggered a viewing craze and become cultural hot spots, creating a phenomenal cultural and entertainment consumption habit of watching drama performances.

It can be said that our company's development is very good, the results are very gratifying, the company's accounts are clear, there are no negative assets, and the annual net profit is also very high.

As the co-founder and chairman of the company, Zhang Chen started to talk about his company as soon as he sat down.

It’s not a boast. In the field of mainland comedy dramas and stage plays pioneered by Happy Twist, Happy Twist has indeed done well.

Since its inception in 2003, Happy Mahua has achieved a net profit of several million a year.

This does not include the expenses of paying actors and operating the company.

If we only count gross profit, Happy Mahua can generate more than 20 million yuan in revenue a year. It can be said that it is a company with very good assets and revenue. If it is willing to open up financing, it has a lot of capital and is happy to invest money. of.

However, Wu Yuan interrupted Zhang Chen's self-praise with a faint smile.

Since Happy Mahua is operating so well and doesn't seem to be short of money, why do you still want to introduce strategic investment?

The reason why Happy Twist asked Nortel teachers to help with the matchmaking was that they wanted to introduce strategic investment in the era of light and shadow.

This. Zhang Chen hesitated for a moment, then said directly: Director Wu, to tell you the truth, after discussions, our company has decided on the company's development plan for the next five to ten years.

That is to explore the cross-screen integrated development model.

I would like to hear the details. Wu Yuan raised his eyebrows, put his hands on his chin, and waited quietly for the next sentence.

Now that everyone has grown up, Zhang Chen naturally won't hide it, and explained seriously: To put it simply, I actually want to go from offline theaters to online TV series and movie screens.

After all, this is no longer the era of drama. No matter how well-performed a drama is, its spread and radiation range are too small.

A drama performance can only have two to three hundred audiences at most. Even if it is performed hundreds of times a year, it can only be seen by more than ten or two hundred thousand people.

And through the communication channel of television, a comedy program, movie, or TV series can easily reach tens of millions of people.

Compared with the small fights offline, it is definitely the online platform that has the truly bright future.

The team of Happy Twist was originally formed by the cooperation of a director and a screenwriter.

They didn't originally want to do a drama, but a TV series. It was only because the epidemic happened to be raging that year that the TV series shooting plans were put on hold, so they turned to the drama stage.

I just didn't expect that the play was getting better and better. In a few years, it toured all over the country and performed hundreds of times a year.

But as the founders, Yu Kai and Zhang Chen have not forgotten their original intention, which is to create works that can be screened on both large and small screens.

This year they are working hard on the Spring Festival Gala programs of various major TV stations, hoping that Happy Twist's comedy can be put on the Spring Festival Gala stage and be seen by more people who don't know them.

However, from the offline drama stage to the TV station, the Happy Twist team has few connections and resources to rely on.

Just wanting to attend the Spring Festival Gala on local satellite TV was extremely difficult. I worked hard for a whole year in 2011, but in the end no cooperation was achieved.

This year, after the CCTV Spring Festival Gala changed its director, he became familiar with the Happy Twist Team, which has become famous in Beijing, and it seems that there is a possibility of participating in the Spring Festival Gala.

However, after encountering such a wall, Zhang Chen finally understood that it is not easy to break industry barriers.

No matter how good a drama company is, it is extremely difficult to enter the field of TV series and movies.

If we can cooperate with a company that has a deep foundation in the field of TV series and movies and sufficient network resources, it is the most suitable way for Happy Twist to transform into the big screen.

This led to today's meeting.

Compared with mainland film and television production companies such as Guangguang, Bona, and Huayi, Guangying Times is the most suitable to cooperate with Happy Mahua.

Because the boss of Light and Shadow Era is also a creator.

Zhang Chen believes that it is difficult to convince the capitalists who are engaged in movies and TV series based on their achievements in dramas.

But it is very possible to convince Wu Yuan.

Because Wu Yuan himself is a very good screenwriter, he knows very well what an excellent team the Happy Twist is that can make a name for itself in the field of drama.

Only by cooperating with the Light and Shadow Era can Happy Twist avoid being cast in a dark light.

In fact, Zhang Chen's choice was right.

After listening to his explanation, Wu Yuan nodded in agreement: The future does belong to the film and television industry. Although dramas will still exist, it is undoubtedly a sunset industry.

How many viewers are watching TV series and movies nationwide?

How many of them have the habit of watching dramas?

To be honest, I personally like drama very much, and I also understand how difficult it is to make a good drama. I also have great respect and admiration for the individuals and teams who are still able to concentrate on doing drama.

But the business environment is indeed abandoning drama.

If Mr. Zhang has such a vision, it is indeed a right choice for him to plan and transform into film and television industry early on.

With a visionary founder like you leading Happy Twist, I believe that Happy Twist will be even more successful in the future.

Light and Shadow Times is of course willing to cooperate with such an excellent drama team.

Since I asked you out today, I want to discuss this cooperation in depth.

I wonder how many shares Director Zhang is willing to sell, and what does the Light and Shadow Era need to pay?

Finally, the most important topic was discussed. Zhang Chen was shocked and stopped talking in circles with Wu Yuan. He stretched out three fingers and said: 30%!

Our founder team is willing to sell 30% of the shares and can sign a contract to give Guangying Times an equal proportion of capital when the company is financing.

As long as Light and Shadow Times is willing, it can never dilute its shares.

As for our request, we naturally hope that Light and Shadow Times can open up resources for making movies and TV series to us and help us open up upstream and downstream channels.

Actually, we have already made a movie script, but we lack experience in making movies and have no foundation in publicity.

Oh? Wu Yuan was interested. Did the script of Charlotte Trouble come out so early?

What movie is it? Can we talk about it? he asked with interest.

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