My 1999

Like Youku, Android is also a loss-making business.

After all, Android is a free license to mobile phone companies, and it gets a share of APP revenue.

But there are not many smartphone users now, and Android only received less than 10 million Chinese yuan in the two quarters, which is better than nothing.

In contrast, the R\u0026D funds in the past two quarters alone are close to 400 million Chinese yuan.

Not to mention personnel expenses.

However, Xu Liang doesn't care. Android has laid a good foundation. As long as it continues to develop, there will naturally be a day when it will be rewarded.

After Android, Yang Tingkun of "Pangu Company" will give a report.

"…In the first two quarters of this year, Pangu operated 47 data centers around the world, including 11 super-large data centers with more than 5,000 servers, and the rest were large data centers with 500 to 5,000 servers.

It is spread across five continents and 37 major countries around the world.

It has 193,000 servers and more than 1,500 employees.

As of now, there are 13,000 B-end customers cooperating with Pangu, including Sequoia Capital, Kleiner Perkins Caufield \u0026 Byers, Jardine Matheson Group, New World Group, CITIC Group and other well-known institutions."

Pangu's development is naturally inseparable from the help of its brother companies, especially Hanhua.

Hongmeng, Taihua, Kanghua, Facebook, Unocal, etc., all large and small companies controlled by the Xu Group, have handed over their data storage business to Chaos.

This is a win-win choice for both parties.

Hongmeng, Taihua, Kanghua and other companies have reduced the cost of purchasing servers each year, and only need to pay Pangu a rent, which reduces expenses.

And Chaos has expanded its business.

Kill two birds with one stone.

As a world-class venture capital institution, Hanhua recommends Chaos' cloud computing and big data business to all its participating companies.

Startups are already short of funds, so it is best to save the cost of purchasing servers.

In addition, there are many B-end customers that No.1 Store and Alibaba cooperate with.

And there are many C-end individual users provided by Penguin.

Chaos has built data centers one after another in the past two years, and its business volume is booming.

"…In the first two quarters of this year, Chaos' total revenue was $324 million, up 64.7% year-on-year, and its main industry net profit was $149 million, up 88.4% year-on-year.

We are confident that Chaos' total revenue and net profit will double by the end of the year and exceed $700 million.

In addition, in the next two years, in order to adapt to the rapidly growing cloud service and big data market, we plan to invest $500 million to $800 million and add more than 10 data centers.

The number of Chaos' servers will increase from the current 190,000 to 280,000.

The number of B-end users of the cooperation has exceeded 50,000.

The company's total revenue has exceeded $1.6 billion."

Yang Tingkun was in high spirits. After years of hard work, Pangu finally got on the fast track of development.

The company's valuation is increasing day by day and has now exceeded $8 billion.

The prospects are bright.

As the helmsman, he has reason to be excited.

Xu Liang saw it and smiled.

"Kunlun has developed well in the past two years. However, Lao Yang, don't just think about increasing the number of data centers.

The electronics industry is developing very fast. The equipment that is still top-notch now will be outdated in two years.

So the servers in some of the earliest built data centers should be updated.

At the same time, it is also necessary to expand the built data centers appropriately according to the economic development of a place.

Also, Kunlun needs to build some mobile data centers to cope with the surge in visits during holidays or company activities.

In a word, you should think of various emergencies in advance and make plans in advance.

This will not only improve our service quality, but also our brand."

"Yes, Mr. Xu, I will hold a meeting when I go back and implement your requirements."

Xu Liang nodded slightly, "Chaos is now a world-class 'cloud' company. You can directly contact server manufacturers such as IBM, Dell, and Inspur to customize servers according to our requirements."

"Understood."

After waving his hand to signal him to sit down, Xu Liang looked at the only white person sitting in the front row.

Lon Meyer noticed Xu Liang's eyes and stood up.

"Boss, everyone.

Universal Entertainment Group has made exciting achievements. Last year, six movies, including "The Wolf Man", "Night at the Museum", "Transformers 2", "The Conjuring 2", "Fast \u0026 Furious 3: Tokyo Drift" and "Miami Vice", made over 100 million dollars at the box office. "Transformers 2" even made a brilliant achievement of 836 million dollars at the global box office.

In the first two quarters of this year, we produced five masterpieces, including "Inception", "Mr. Bean's Golden Week", "American Gangster", "Bruce Almighty 2" and "Shrek the Third", which made over 100 million dollars at the box office.

Especially "Inception", the global box office has exceeded 600 million dollars, but it has not been released in half of the countries in the world.

We estimate through big data that its box office will exceed 800 million dollars!"

Ron Meyer was excited, and his eyes were full of admiration when he looked at the great boss.

Transformers 1 in 2004, 709 million dollars

The Da Vinci Code in 2005, 760 million dollars.

Transformers 2 in 2006, 836 million dollars.

Night at the Museum, $576 million.

This year, the box office of Inception is another $800 million.

For four consecutive years, the movies selected by the big boss have all made huge profits.

He is completely convinced.

"In the two quarters of this year, the global box office of Universal Entertainment's self-produced movies totaled $1.621 billion, accounting for about 21% of the US movie box office market.

The global box office market is 11.3%.

It has increased by 17.6% over the same period last year..."

This year, DreamWorks Animation was officially merged into Universal Entertainment Group and became its subsidiary, which greatly increased its revenue.

"In terms of distribution, Marvel's Thor achieved a box office of $450 million..."

Since Xu Liang acquired Marvel.

From the acquisition of Marvel in 2004 to now, three superhero movies have been filmed: Iron Man, Hawkeye, and Captain America.

At the beginning, the capital was not enough, and one movie was made a year.

Since "Iron Man", "Captain America", and "Hawkeye" have been sold out in succession, Marvel, which has strong capital, has released two movies this year.

One Thor, one Black Widow, and next year's Hulk 2 and Iron Man 2.

In 2009, the first Avengers was officially launched.

I believe that Americans who have just experienced the subprime crisis and suffered heavy losses need superheroes to save them.

"In terms of TV series, two were released in the first half of this year.

"The Walking Dead Season 2" and "Green Lantern", the former received a 7-point rating on IGN and more than 20 million viewers.

The latter received an IGN rating of 6.4 and more than 15 million viewers.

The two TV series brought us a total revenue of 186 million US dollars."

"In terms of cinemas, the group further expanded its cinema system in Central and South America, adding 7 new cinemas and renovating some old cinemas.

Currently, Universal Cinemas has a total of 167 cinemas, 2,148 screens, and 154 3D giant screens."

When Xu Liang first acquired Universal, Universal already had a cinema chain.

However, this cinema chain was in cooperation with Paramount.

Later, Xu Liang bought it.

Four years later.

Universal Cinemas, which once covered more than 20 countries and regions including the UK and Ireland, with 132 cinemas and 1,245 screens, has doubled its screens.

The number of giant screen theaters has also increased from zero to 154 now.

After talking about the cinema chain, Ron Mayer talked about film and television peripherals.

In addition to film and television distribution and cinema chains, Universal's home entertainment company is also one of the world's largest film VCD and DVD videotape distribution companies.

It can generate more than one billion US dollars in revenue every year.

In addition to the film and television copyright licensing income.

"In the second quarter of 2007, Universal Entertainment Group's total revenue was US$5.736 billion and its net profit was US$1.83 billion..."

Ron Mayer, like his colleagues before him, tacitly did not report liabilities.

However, the liabilities of Universal Entertainment Group have been greatly reduced compared to when it was first acquired by Hongmeng.

From nearly 10 billion to the current US$7.25 billion.

At the same time, Universal Entertainment Group still has US$1.9 billion in cash on its account.

In four years, Universal Entertainment Group's book assets have also increased by nearly US$6 billion, especially IP assets.

"Transformers", "Night at the Museum", "The Conjuring", "King Kong" and so on.

Fixed assets are mainly cinemas in various places, which account for a relatively small proportion.

The valuation of Universal Entertainment Group has also expanded from 10 billion US dollars in 2003 to nearly 30 billion US dollars now, almost three times.

This is certainly due to his forward-looking guidance and external help.

But Ron Mayer's ability is also unquestionable.

He led Universal Pictures and shot a series of excellent films such as "The Bourne Supremacy", "American Pie", "Bruce Almighty", and "Meet the Fockers".

Even though Universal Pictures was repeatedly acquired at the turn of the century, Universal's box office revenue has always remained in the top three of the seven Hollywood giants.

After he finished speaking, Xu Liang said.

"How is the copyright of The Hobbit going?"

"We have purchased the TV and stage rights of The Hobbit from Saul Zaentz's company.

The film rights are still being discussed, but Sony has withdrawn.

Currently, only the alliance formed by Warner, Weinstein Films, and New Line Cinema is competing with us."

Xu Liang nodded slightly.

Unlike The Lord of the Rings, the film rights of The Hobbit were taken away by MGM a long time ago.

After MGM was acquired by Sony, the copyright of The Hobbit suddenly became popular after the success of The Lord of the Rings trilogy.

Not only Sony wants it, but Warner, which has part of the copyright of The Lord of the Rings, also wants it.

In order to compete with Universal, Warner also brought in Weinstein and New Line.

Although MGM belongs to Sony, it is not wholly owned by Sony. The 34% stake means that Sony wants to get the equity of The Hobbit, but it also needs to pay real money.

But among the three competitors, Sony withdrew first.

"Boss, MGM wants to co-produce The Hobbit with us and take a 30% share. If we agree to this condition, they will turn down Universal and cooperate with us." Mayer said.

"What about distribution?"

"The distribution ratio is the same."

"Do you think we should agree?"

Meyer nodded, "If we continue to compete, we and Warner will only suffer losses and give Universal an advantage."

Xu Liang pondered briefly.

"Promise."

Read the original article in Liu#9@书/吧!

As he said, the only one who will gain from the expense is MGM.

"BOSS, the company's finances are now in good shape and we can consider merging with Sol Zaenz Company."

Xu Liang was stunned.

Saul Zaentz has owned the publishing rights and peripheral development rights to all of Tolkien's works since 1976.

Including "The Lord of the Rings", "The Hobbit", "The Silmarillion" and a series of copyrights.

"Why?"

"If the development of "The Hobbit" is more successful, it will further increase the value of Tolkien's copyright. Now the merger will be beneficial to us."

"Can the copyright of "Lord of the Rings" be recovered?"

"If Warner is not active in development, there is still a chance."

Xu Liang understood.

The licensing contract for "Lord of the Rings" is actually similar to the superhero copyrights originally sold by Marvel.

If it is not developed beyond a certain period, the copyright will return to the licensing company.

So Sony makes a "Spider-Man" every three years.

From the earliest 'Toby Spider', to the second generation 'Super Spider', to the third generation 'Tom Spider', in just twenty years, eight films of various 'Spider-Man' were filmed.

Plus "Avengers" 3 and 4, and movies like "Captain America: Civil War."

A 'Spider-Man' TM was played out by Sony.

The key is to make money no matter how you play, which makes Xu Liang jealous.

That's the copyright of 'Marvel'.

In a way it was his too.

"Let's make contact first, see the other party's conditions, specific acquisitions, and wait for my notification."

"OK."

The subprime mortgage crisis will really break out in another year. At that time, global assets will depreciate, making it a better time to buy than now.

After waving his hand, Ron Meyer sat down.

“I have listened to everyone’s reports, and they are generally good. I am very relieved and happy.

With the joint efforts of everyone, the Hongmeng family has become a world-class technology group.

But while I am happy, I am also a little worried.

Why?

I don't see much forward-looking stuff in your report.

Some may think I'm being nitpicky.

But I want to tell you that if we don’t have strict requirements on ourselves, we will definitely be eliminated by this market in a few years.

Don't think I'm being alarmist.

Give a very simple example.

The success of Internet companies such as Bing, Google, Facebook, and Sina has reduced the global traditional advertising business by nearly half.

The music businesses of Hongmeng Music, QQ Music, and Apple have collectively plunged the four major record companies into recession.

Therefore, it is not necessarily your peers who defeat you, but those who cross boundaries.

We don’t know when this ‘crossover’ will come, we can only think more and see more and be ourselves.

I have said this many times, and I will say it many times in the future.

I hope you can really listen to it in your ears and remember it in your heart.

Take it back.

What I am dissatisfied with today is that there is very little mention of ‘mobile Internet’ in your report.

I want to ask why? "

Xu Liang's eyes were sharp and his tone was serious.

No one dared to face his cold expression.

"You didn't care before, I can understand, after all, there was a lack of real application scenarios and the Internet speed was not fast enough.

But now Kunlun mobile phones and Apple mobile phones are on the market, and 3G is also being implemented in various countries around the world.

The trend of computerization of mobile phones is becoming more and more obvious.

Some of you actually sleep on your merits? ! "

Xu Liang's tone became more severe, and the atmosphere in the conference room became as cold as ice.

Xie Wen, who was standing next to him, saw this and couldn't help but sigh in his heart.

The big boss has been in a high position for many years, and his aura has nourished his body. Now he is becoming more and more powerful.

"You are all business elites and have made great contributions to the development of the company. I don't want to say too much. Think about it after I go back today. Combined with the actual situation of each company, come up with a 'mobile Internet' for me within a month." development plan.”

Hua Luo looked at the time, it was almost one o'clock in the afternoon.

"Okay, let's eat first, and then we'll have a discussion after dinner."

Hearing this, the originally tense atmosphere instantly relaxed.

Everyone finished lunch in the company restaurant, and the meeting continued in the afternoon.

The discussion focused on the development of individual subsidiaries.

Everyone can comment on the development of each subsidiary.

Even provide suggestions and suggestions for the development strategy of the head office.

The meeting continued the next day.

The mid-year summary meeting was not over until three days later.

On the fourth day, Xu Liang held a banquet at the Sixth Building to entertain all the company executives who came over. He also invited them to visit several famous scenic spots in the capital before sending them off.

…

"Lao Xie, the meeting is over, what do you think?"

Xu Liang poured a cup of tea and asked with a smile.

"All subsidiaries are developing very well. Even those that are not profitable, such as Android and Youku, have a relatively bright future. The only one that worries me a little is Sina.

The performance of the portal business is getting worse and worse, and the market values ​​of Yahoo, us, AOL, Sohu, and Yahoo Japan are all falling.

No improvement is in sight at the moment.

I'm afraid, as you said, portals are a thing of the past. "Xie Wen sighed.

He had always heard that the big boss was not optimistic about the future of the portal business, so he was somewhat skeptical.

Now I completely believe it.

"Your concern is right, but it won't have much impact on us. After all, Hongmeng doesn't hold much equity in Sina anymore." Xu Liang said with a smile.

Xie Wen also smiled and nodded.

24.17%. Although it is still the largest shareholder, it is indeed not much.

“Do we still need to continue reducing our holdings?”

"Reduce, why not reduce? Continue to reduce without affecting the stock price and our control over Sina."

Sina implements the AB share system.

As long as Hongmeng holds 6% of Sina's equity, it can firmly hold control.

Xie Wen nodded slightly and said, "Mr. Xu, Sina's current business is not just a portal. Soufun, Autohome, Tieba, and especially Weibo are all developing well.

If too much equity is given away, we will not be able to share the benefits of the company's growth. "

"Lao Xie, don't worry. If you sell it today, you still have a chance to buy it back."

Xie Wen was stunned for a moment, with a hint of surprise in his eyes.

Although he is only the COO of Hongmeng, from a high position, he can also detect changes in the global business community.

The real estate crisis in the United States seems to be getting worse.

His boss also talked to him privately about the real estate crisis in the United States.

Once it breaks out, it is indeed a good opportunity to buy the bottom.

"In this case, Bing, Yihaodian, Kingsoft, and even Hongmeng Games after listing will have to sell some of their shares."

Xu Liang smiled and said: "Lao Xie, you are still so sharp."

"My abilities are far behind compared to yours."

Putting down the teacup in his hand, Xu Liang continued.

"You really have to sell it, and sell as much as you can without affecting the overall situation."

Xie Wen nodded.

"By the way, how much cash is there in the group's account?"

"US$41.76 billion is currently held in the accounts of ICBC Overseas, China Construction Bank Overseas, Standard Chartered and JPMorgan Chase."

"Don't touch this money, and don't make any high-risk investments other than treasury bonds and overnight lending."

"clear."

Hongmeng will not only keep this money for bargain hunting, but also expand Hongmeng’s business.