director of the millennium

Chapter 889 Light and Shadow Quick Broadcast Recent Situation

The world is big and the boss is the biggest.

As the actual boss of Guangying Times, Wu Yuan can still decide the start time of a film crew of the company.

Li Xiaoping was also willing to let the crew of "Life Events" wait a little longer. After all, Zhu Yilong was an employee of the company, and letting him play the leading actor would maximize the benefits.

Once the two company bosses met, the matter was settled.

As for other matters in the company, Li Xiaoping can decide most of them on her own and Wu Yuan doesn't need to worry about them.

After signing and filing all the documents and reports piled up in the office, Wu Yuan patted his butt, left Light and Shadow Times, and took the elevator to Light and Shadow Kuaibo upstairs.

It is impossible to only deal with the matters of Light and Shadow Times when you come to the company.

As the company continues to expand, this entire building now belongs to the Light and Shadow Department. The headquarters of Light and Shadow Times, Light and Shadow Quick Broadcast, and Light and Shadow Film Line are all here.

However, in terms of the number of people, Guangying Kuaibo definitely has the largest number of staff members. After all, this is a large-scale video platform with great influence throughout Asia.

The Light and Shadow Building is just a core headquarters, but even so, there are hundreds of people working here.

Moreover, among the companies founded by Wu Yuan, Guangying Kuaibo is the one that best fits the image of a "listed company". After all, it is a large enterprise that has gone through several rounds of financing, and there are more than a dozen different venture capital companies holding seats on its board of directors alone.

Of course, Wu Yuan, who holds nearly half of the shares, is still the company's largest shareholder. It's just that he can no longer have absolute control. Even as the founder, he has to discuss many things with the board of directors.

For example, the company’s board of directors has recently been discussing going public, and Wu Yuan is quite willing to promote it.

After all, Guangying Kuaibo is a video platform. If it does not go public to reap the profits, the returns will be too low if it just relies on its own investment.

It can be said that most Internet companies are like this. They must go public to "make money." If you really look at the company's operating statements, they are making losses every year. And these are not the kind of statements that are deliberately made at a loss. They are really losing money.

After all, working in the Internet industry is a money-burning science.

Wu Yuan's peers, whether it is iQiyi, Tencent, Youku, which are engaged in film and television, or Bilibili, which is engaged in subculture, are losing money every year. The only one that can really make money is Mango TV, which has the backing of a TV station, has dual uses of copyright, and does not have such big ambitions. It keeps its own territory and makes a lot of money every year.

Apart from this, only Guangying Kuaibo can achieve profitability, so it is understandable that the company's board of directors is eager to go public.

Once Guangying Qvod goes public, it will become the blue chip stock among the blue chip stocks of domestic video websites!
The current tentative plan is to list on the Nasdaq and enter the U.S. stock market. After all, Guangying Kuaibo is not only a video platform operating in China, but also the largest online streaming platform in Asia. Developing in the U.S. stock market is definitely more suitable for capital operations than in China.

If nothing goes wrong, the IPO will start at the end of the year and will definitely ring the bell on Nasdaq next year.

However, Wu Yuan's shares will probably be diluted again by then, leaving only more than 30%. But he has signed shareholder unanimous agreements with many venture capital companies, so he can still command the company and will not end up like some founders who were kicked out after going public.

"Oh, you're here." Chen Dewei welcomed Wu Yuan into the office with a smile on his face and asked his secretary to make tea for them.

"Well, how is the company lately?" Wu Yuan asked casually while sitting on the sofa in the lounge area.

Over the years, the CEO of Guangying Kuaibo has always been Chen Dewei, who is responsible for the company's operations, and Wang Xin is responsible for pure technology. The two have always worked well together. Wang Xin also escaped the tragic fate of being imprisoned because of Kuaibo in the original time and space, and his life has taken another path.

All we can say is that the technology itself is indeed correct, but it depends on how the technology is used.

With Wu Yuan's guidance and Chen Dewei's leadership in this life, Wang Xin was finally not sent to prison for the abuse of technology.

Being a pure technical leader is actually more suitable for Wang Xin to display his talents.

Chen Dewei also made full use of his talent and led Guangying Kuaibo to conquer various cities and take deep roots throughout Asia. In the past two years, facing the crazy expansion of Netflix, he also held the basic market and prevented Netflix from breaking into Asia.

"Director Wu, although it may not be appropriate to say this, under the influence of the epidemic, the company's performance has continued to rise!" Chen Dewei's expression was indescribably strange, but he was generally happy and said: "In the past six months, the number of Guangying Kuaibo members in the mainland has increased by 50%, catching up with Qiyi Video."

"Overseas, our cooperation with local film and television companies is also going very smoothly, especially in South Korea, where we are now cooperating with them on dozens of TV series every year."

"Last year, Hell Is Other People became the top-rated video on the Guangying Kuaibo Korean site."

"This year, there are many heavyweight Korean dramas in preparation, such as "Squid Game" and "Sweet Home."

"These Korean dramas, which are produced in cooperation with Korean film and television companies, are not only very popular in Korea, but also very popular throughout Asia. However, it is difficult to introduce them to the mainland, so they can only be broadcast online in non-Chinese regions."

The markets that Guangying Kuaibo attaches the most importance to, apart from China, are Japan and South Korea. After all, the entertainment industries in these two countries are very developed.

South Korea is of utmost importance. After all, in the past 20 years, it must be admitted that Korean dramas have been at the dominant level in the whole of Asia, and their influence cannot be ignored.

Under Wu Yuan's influence, Guangying Kuaibo completely followed the Netflix route in South Korea, cooperating with local film and television companies, and then investing in becoming producers, bypassing Korean TV stations and making TV series exclusively broadcast online.

Follow Netflix's path and leave Netflix with no way to go.

Guangying Kuaibo was launched almost five or six years earlier than Netflix. When Netflix wanted to go international, it had already built a moat in South Korea. Most of the local Korean TV drama production companies have long had intertwined interests with Guangying Kuaibo.

Therefore, those TV series that were originally supposed to be co-produced with Netflix have become self-produced dramas co-produced by Guangying Kuaibo and South Korea in this time and space, and next year there will be the blockbuster "Squid Game".

If nothing unexpected happens, "Dark Glory", which will be popular in Asia in the future, will also be snatched up by Guangying KuaiBo and once again become the biggest weapon to conquer Asia.

As for Netflix, I'm afraid it can only develop in Europe and the United States, while Asia has been firmly controlled by Guangying and Kuaishou.

The only drawback is that most of these Korean dramas cannot enter the mainland, even if the producer is changed from Netflix to China’s own Guangying Kuaibo.

After all, the scale is too large. No matter how powerful Wu Yuan is in the General Administration, it is impossible for these dramas to pass the review and enter the mainland market. On the contrary, on Hong Kong and Taiwan sites, the playback volume of these Korean dramas is very good!

"For domestic platforms, we also need to make more high-quality self-made dramas to attract mainland audiences." Wu Yuan pursed his lips and said with his original intention: "Domestic audiences are our basic base!" (End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like