Didn't you say that we would lose money after filming?

This originated from a plan made by President Tang and Director Xia three years ago, when Heye Film and Television was thriving and growing at its fastest rate, creating a new department and new project.

At that time, the establishment of the Yuantu Novel project also puzzled many people in the market.

Because at that time Heye Film and Television was growing the fastest, it can be said that it was changing with each passing day under the wise guidance of President Tang and Director Xia.

At this time, if the same situation happens to other companies or other bosses, everyone would definitely want to consolidate their own market and work on their own strengths.

For example, expanding the crew, or occupying more market, gradually and steadily deepening one's own position in the industry.

Instead of investing most of your energy into a field that is completely unfamiliar to you, especially when these fields are not related at all.

The thing about distant novels is that no matter whether you look at it from a distance or up close, they have nothing to do with the film and television industry. If you insist on saying that there is some connection, then the only thing left is probably IP adaptation.

But IP, isn’t there enough market for this?
Online novels are booming nowadays, are there still few classic works?
If you want to adapt an IP, why not just buy it and cooperate with those websites or authors?
Is it possible to create a new website just to make a film or TV series adapted from an IP?
What's the difference between taking off your pants and farting?
Just because you wanted to eat some vinegar, you made this meal of dumplings?
Therefore, when Heye Film and Television got involved in the field of online literature, everyone was puzzled. Many people outside the company commented that President Tang and Director Xia made a stupid move, which seriously slowed down the development of Heye Film and Television and invested a lot of unnecessary funds. Even the only loss and financial deficit of Heye Film and Television since its establishment were attributed to the business segment of Yuantu Novels.

Until today, it is still half-dead. After all, those big guys and giant websites that have been entrenched in the industry for so many years are not pushovers. They will naturally not watch you enter the market and do nothing.

Therefore, after Yuantu Novel was established, although it occupied a part of the market and attracted some authors and readers, it could not influence those giant websites.

Because they control the vast majority of high-quality authors in the industry. These authors have a basic base in those websites, a readership and fan base, and have been operating for so many years, which is very stable. Why would they want to switch jobs? And you have to take huge risks. Compared with those big sites, you have no advantages at all, and the readership base is pitifully small.

It can be said that, to this day, authors who choose to write books on Yuantu Novels are generally those who cannot get their manuscripts approved by major sites and who cannot make it on the road. They have no choice but to test the waters and see if they can find a new path.

Many of the readers who go there to read novels are really broke, such as students or workers with no spare money, and they will go there to read novels since Yuantu Novel is free.

Therefore, the business segment of Yuantu Novels is indeed not a high-quality asset within the current Heye headquarters. It even feels a bit like a tail that is difficult to get rid of. It is neither dead enough nor alive enough. It is estimated that it will continue like this.

And Ami actually wants to make some changes to Long Distance Novels?

"What do you mean?" Xiao Liu looked at the operations officer who was cooperating with him with a puzzled look.

As the Chief Operating Officer, Ami naturally has a say in such matters. This is where Ami's power lies.

She also wanted to hear Ami's thoughts.

"Everyone thinks that this might be a stupid move by Director Xia and President Tang, but do you think, based on their business acumen, they would do such a thing?" Ami smiled, with an unfathomable look flashing in his eyes.

"That's true." Xiao Liu thought about it and felt that it made sense.

Mr. Tang and Director Xia, this combination, you can say they are not good at anything, but you can't say they are not good at business.

When Heye Film and Television was first established, the various decisions made by the company were considered outrageous and groundbreaking in the eyes of many people at the time.

Everyone who knew about it at the time would shake their heads and give an evaluation.

That is, this company will definitely not go far, and may even collapse within half a year.

But what is the actual situation in the end?
It took He Ye only five years to ascend to the seat of a wealthy family.

From 5000 million in assets, it has skyrocketed to over billion now!
Even the outside world's overall valuation of Heye Film and Television has reached 60 billion!

A company worth 60 billion!
In other words, Heye Film and Television has not gone public. If they choose to go public, the entire company will soar on the spot, and its value will be far more than it is today.

Although Xiao Liu and Ami don't know why Director Tang and Director Xia didn't choose to go public, since they did so, there must be a reason for them. Just as Ami said: "Although the outside world, including us, don't understand why Director Xia and Director Tang chose to create the long-distance novel section, since they did so, there must be a reason for them!
Now, the truth is revealed.”

As he spoke, Ami took out the tablet that he had prepared long ago, opened a document, and presented it to Xiao Liu: "Manager Liu, look, this is a comparison of our Yuantu Novels three years ago and now. Can you tell the difference?"

“There are more book collections and more authors.”

Xiao Liu noticed the difference as soon as he saw it, because Ami had already marked out a lot of the data.

Just as Ami said, there is a huge difference between long-distance novels three years ago and today, three years later.

"Yes, our library has grown. When we first started the website, we didn't have a library. There were only a few books on the entire website. This is very embarrassing for a novel website, because for such a large website, what does it matter if you offer free reading? You have to be attractive enough to attract readers!"

What is the biggest attraction of novel websites? Isn’t it the great authors and good books?
But it is a new website and does not have these, so the vertical library is completely blank.

Especially in their case, no one has tried the free novel market before, and other websites in the industry are not sure whether it will work, so they will not sign a channel station agreement at all.

Otherwise, they are also worried. What if their books are sold out and they can’t make money? After all, people don’t have to pay to read books.

And if people can watch it for free here, then who would choose to watch the paid ones on your main site?

Isn't this obviously treating consumers like fools? Why don't you watch the paid ones when there are free ones?
Therefore, there is also a high risk of having traffic sucked away from long distances.

Therefore, in order to prevent the loss of readers, Yuantu Novels has never had a channel site, and all the book libraries are managed by themselves.

Without exception, all novel websites will go through a period of silence for several years when they are first established.

In the past few years, they could do nothing but one thing.

That is to fill the library!

And it can’t be a low-quality library, otherwise, with AI being so advanced nowadays, you can just use an AI to write a lot of books.

But all online novel practitioners are very clear that if anyone dares to do this, they will be uprooting their own roots and the roots of the entire industry. Once someone really dares to take such a risk, he will be boycotted and scolded by the entire industry. So if you choose to run an original literature website, you can only wait patiently for the library.

"After three years of accumulation, we now have the capital." Ami said, "Look, your library, male and female books combined, has more than 288 million books, of which 102 million are completed, 22 are S-level or above, and the overall fixed monthly active users are around 50.

The stacks are ripe, and we can move on.”

"How to go down?" Xiao Liu asked.

"Spread the word!" Ami said with a smile, "Solicit articles, advertise, and give out money!"

These are the three-pronged strategy he decided on! The three-step strategy!
Director Xia and Mr. Tang would not do anything without a purpose, so when they chose to establish Yuantu Novel three years ago, they must have a way to promote it and turn it into a high-quality asset.

Now, he has to challenge himself to see if he is qualified to take over Director Xia's position and become the Chief Operating Officer.

The way to verify this is very simple, which is to promote the projects that Director Xia is optimistic about and turn them into truly high-quality assets!

Director Xia’s plan three years ago should have exploded today.

Explodes in his Ami's hands! (End of this chapter)