The richest person in Chinese entertainment

Chapter 456: The pit has been dug, and the outrageous result
As the end of the year approaches, China's entertainment industry has triggered one voting frenzy after another on the Internet.

In addition to the "Morning Light Popular Film Award" launched by Zhang Chen, KBS also joined in the fun and launched a "Favorite Korean Male Singer" vote on their official Weibo.

In 2006, the most popular person in China was Asian Dance King Jang Woo Hyuk.

In the survey of "Favorite Korean Male Singers", Jang Woo Hyuk surpassed Rain by 10971 votes and firmly sat in first place.

At the same time, he also took the first place in the three survey questions: "Who do you think is the most successful singer in releasing records in China?", "What is the most popular Korean song?" and "What CD do you most want to collect?"

Although Chae Yeon has not officially promoted in China, she was voted as the "favorite Korean female singer" due to her frequent appearances in Korean entertainment programs.
BUZZ was selected as the "Favorite Korean Band";
Kangta's Chinese song "Mask" became the "most popular Chinese song sung by a Korean singer."

In the survey of "What is your favorite Korean singing group?", TVXQ ranked first.

In the final competition for the most popular TV series and movie theme songs, the theme song of the TV series "Full House" surpassed "Palace" and "A Millionaire's First Love" and finally took the first place.

HOT, the forefather of the Korean Wave that has been disbanded for 5 years, deservedly received the highest number of votes in the survey question of "the group most anticipated to be reunited" among all the options involved in the survey questions of this popular song, and became the group that Chinese fans most expected to be reunited with 19815 votes.

However, this KBS annual event is nothing in China this year.

The number of votes shows that there are only a few tens of thousands of participants.

Compared with the more than 06 million Internet users in China in , it is just a drop in the ocean.

And now netizens are more concerned about another vote - the Morning Light Popular Film Awards.

The 15th is also the day Weibo promised to draw a lucky fan.

Du Zhining, who has been in charge of Chenguang Technology's affairs in Guangdong Province, also came to Yanjing today. He came to help Zhang Chen host the award ceremony and also returned to the headquarters to report on his work.

"Boss, these are the new users on Weibo in the past half month, as well as the incremental business data of CGT player in the mainland during this period."

"What about voting?" Zhang Chen looked down at the work report handed over by Du Zhining, and did not forget to ask about what he had done on a whim half a month ago.

"Look at me, I almost forgot you've been in meetings for a week." Du Zhining patted his forehead and said with a happy face, "I haven't congratulated you on your promotion yet, boss."

"It just changed from a nominal Music Association to a nominal Federation of Literary and Art Circles. There's nothing much to say."

"But the meaning is completely different!" Du Zhining said excitedly, "This way, our group will be officially established."

Zhang Chen looked up at the excited Du Zhining, and knew how much work pressure he was under every year.

And the main direction of these work pressures is in this aspect.

Weibo and Internet video players are both cultural and publicity outlets, and they have to deal with different things.

Some time ago, Zhang Chen held meetings for five consecutive days from the 10th to the 14th.

The only gain was that the headrest on my head changed.

He used to be the "Advisor to the China Musicians Association", and now he has become the "Special Advisor to the China Federation of Literary and Art Circles".

This position sounds impressive, but in fact it was a position that did not exist originally, but was specially created for Zhang Chen.

There are no work assignments, no office obligations, and no subordinates.

Just express your opinions during the meeting.

Originally, Zhang Chen wanted to express his opinion that day.

But the people who came that day were of such high standard that it could be said that there was no one of higher standard than them.

He could only sit obediently in his seat and complete the lengthy five-day meeting.

As for gains, he didn't feel anything other than a job promotion.

Perhaps the most important thing is that his own goal has been achieved, and everything just needs to wait until the unfreezing period of the listed company stocks in his hands is over so that he can transfer them to other people.

The reason is that as a member of the Federation of Literary and Art Circles, he should not have too many conspicuous assets overseas.

It was also the price Zhang Chen paid for everything he had done throughout the year.

The person who took over his shares in three other listed companies in the United States besides Disney.
All I can say is that they are all very young and there are a lot of them.

Tsk, over 10 billion US dollars.

It turns out that the truly wealthy people are all hiding in the dark.

And this transfer was well played.

I heard that these people mortgaged a lot of their properties to raise this money, and they also had to pay a lot of favors and incur huge debts.

Some of this debt is
What they saw was that Zhang Chen's stocks had soared by 50%.
What they saw was that Zhang Chen asked relevant institutions in the United States to make a promising report for these listed companies, which increased the future valuations several times.

Rather than saying that this was what Zhang Chen wanted to do, it would be more accurate to say that this was what Robert Iger and the others wanted to do.

Because they also want to cash out their stocks as soon as possible.

Therefore, the outside world is optimistic about the market of Morning Music, Facebook, and CGT player.

These people also think that this is a sure-win deal, and that as long as they cash out at high prices after the stock's upward trend slows down, they can pay off their debts and make a fortune.

Little did he know that most of the time and the detonator at this high position were in Zhang Chen's hands.

Institutions like Goldman Sachs are afraid that Zhang Chen will detonate the market when they are not fully prepared, let alone those who have lived under the protection of their elders since childhood.

However, the time has not come yet. According to the rules of the New York Stock Exchange, his stocks cannot be traded freely and he can only wait until March next year.

And the moment the deal is completed, his new film can also start to be considered for release.

After the movie was released, he began to conquer the world.

I just wonder if those people would cry and beg him to buy back the stocks when the global crisis comes?

Thinking of the dozens of people who were so arrogant and smug in front of him a few days ago,
Zhang Chen couldn't help but laugh out loud.

"boss?"

"Oh, go on."

Zhang Chen stopped laughing and turned his attention back to the report in his hand.

"So far, Weibo has more than 5600 million users, of which about 1200 million were newly added in the past two weeks, and most of them are male users."

Zhang Chen nodded.

Because of this, female users accounted for more than 70% of Weibo users in the past, and men basically had no time to chase stars and gossip on Weibo. They were more concerned about exchanging experiences in small circles such as news websites and Baidu Tieba.

This time, the "one million" has aroused the interest of male netizens, which is a good result.

For Weibo, users and daily active users are important indicators for the company to charge advertisers advertising fees. It is hard to say how many of these 1200 million new users will stay.

However, the increase in male users this time will also allow Weibo to explore advertising channels for male consumer products, which can be regarded as a new monetization channel for Weibo.

“Also, here at CGT, it has to be the boss when it comes to making money!”

Du Zhining gave a thumbs up, which was a blatant flattery.

"It's been so long since we last met. When did you learn this trick?" Zhang Chen smiled and accepted Du Zhining's compliment calmly. "Tell me more about it."

"Okay!" Du Zhining said solemnly, "The specific data is on the file. I'll report some key information to you."

"First of all, there are new users. Currently, the number of registered users in the mainland has exceeded 5000 million, of which the number of members is about 800 million. Among them, the number of new members in the past half month is 80. If we exclude the new members this month, the total number of active members is about 400 million."

While listening to Du Zhining's report, Zhang Chen compared it with the documents in his hand.

Since 03, the number of members of the player has been increasing rapidly. There are several key events that have led to a significant increase in the number of members.

Among them are "The Voice" and the current lottery event.

Based on the current 400 million active member users in the mainland, a price of 10 yuan per month means a revenue of 4000 million, or about 5 million per year.

If we take into account the number of new movie subscriptions, there will be approximately 6000 million payments per year, most of which are contributed by member users.

This means that a member will watch about 15 movies on the CGT player in a year.

Based on the price of 6 yuan per movie, this is 3.6 million yuan in revenue.

Although 3.6 million RMB is only 4000 million US dollars compared to the revenue of CGT players in North America and other regions, it is still profitable.

Thanks to the monopoly of CGT players and the strong background of the Morning Glory Group behind them, no one dares to compete with the acquisition price of digital copyrights in the mainland, and the current profit ratio is extremely huge.

Now, even before a movie is released, CGT player can obtain its digital copyright.

Putting aside the films of big directors, some unknown small directors now don’t even dare to accept money, and just hope that their films can be more prominent in the player.

As for profit sharing, they only dare to ask for 20%
This means that CGT players currently only need to pay some additional fees for movies directed by big directors, and the prices for acquiring digital copyrights of other movies are cheaper than bargain prices.

So the profit ratio was pulled to an extremely outrageous 60%.
That is to say, with paid movies earning 3.6 million yuan a year, the company can have a gross profit margin of more than 2 million yuan.

If membership fees are included, the gross profit would be nearly 8 million yuan a year, and the net profit would be more than 5 million yuan.

This is just the income from movies.

In fact, the main part is still advertising.

The annual advertising revenue can reach a terrifying 36 billion!
Except for some individual movies that need to give some additional share to the producers, other movies are basically one-time transactions, and the advertising revenue is completely reaped by CGT player.

The revenue from this aspect is about 32 billion.

All in all, the total revenue of CGT players in 06 was approximately 40 billion.

Excluding server operation and maintenance costs, employee salaries and taxes, the net profit would be around 20 billion.

If calculated based on a price-to-earnings ratio of 30, the company's valuation would reach 600 billion.

"Finally, let's look at the new members in the past half month. I have to sigh at the boss's power again!" Du Zhining couldn't help but flatter him again, "Among the 400 million new members this month, 320 million people paid to watch movies, and each person paid for more than 10 movies on average!"

"Although we have to refund the fees for nine films, the cash flow has indeed increased, and the remaining nearly 9 million is additional income."

"2000 million?" Zhang Chen lost interest instantly when he heard the number. He waved his hand casually and said, "At the end of the year, give this money as a year-end bonus to the technicians who worked overtime in the past half month."

"Then I'll thank the boss on their behalf!"

"What are the voting results?" Zhang Chen flipped through the documents in his hand.

"There shouldn't be any suspense about this, right?" Du Zhining chuckled, "If they want to win the 100 million yuan reward, they can only invest in the boss's movie."

"What are you talking about? This is a fair vote!"

"Ah, right, right!" Du Zhining nodded hurriedly, "Our main goal is fairness. The data is completely honest. These are all votes cast by netizens on their own initiative!"

Zhang Chen nodded in satisfaction: "Then let's hold a live lottery next week and make it bigger."

"it is good!"

After Du Zhining took on the task, seeing that Zhang Chen had no other instructions, he put down the documents in his hand and tiptoed out.

The page of the document left on Zhang Chen's desk clearly showed the result of this vote:

"Love" (director: Zhang Chen): 2300 million tickets
"Kung Fu" (director: Stephen Chow): 9841 votes

"House of Flying Daggers" (director: Zhang Yimou): 5639 votes

A World Without Thieves (director: Feng Xiaogang): 2193 votes

"The Myth" (director: Stanley Tong): 684 votes

"New Police Story" (director: Benny Chan): 125 votes

"Zhang Side" (director: Yin Li): 38 votes

The difference between heaven and earth is not enough to describe this vote difference.

The vote unit for "Love" is "ten thousand", while other movies can't even reach the counting unit of "Love".

Even the die-hard fans of these film directors or stars switched sides under the temptation of a 100 million yuan bonus and secretly cast their votes for Zhang Chen's film.

They think their vote cannot affect their idol's movie.

As a result, everyone thought so
Such an outrageous scene occurred.

As soon as it was 15:12 on the th, the voting results were announced on Weibo.

Movie fans who were waiting for the result also saw it first.

"Um????"

“Did Weibo give one less unit to other movies?”

"The total ticket sales for other movies are less than 2?!!!"

"It must be fake. Not to mention how many fans Brother Cheng Long has, even Zhang Yimou and Stephen Chow have more than a million fans, right?"

"It's definitely fake. There's no way there would be such outrageous voting data!"

"Yes, there is definitely something fishy going on!"

“We strongly demand that the data be made public! We absolutely do not recognize this result!”

"Are those who didn't vote for Zhang Chen's film and didn't have a chance to win the 100 million yuan prize broken?"

"There are a lot of analyses online of the movies with the highest chance of winning, all predicting that Love will win, and yet 2 people don't believe it?"

"There are so many rich people in the world. There are 2 people who don't care about 100 million."

"We also demand that the data be made public. A probability of one in 2300 million is too low!"

"That makes sense. The probability is too low. I also suspect that the CGT player is fake!"

Because the number of votes for "Love" was too outrageous, fans who voted for the movie and those who did not vote for the movie were all furious.

The former feels that their chances of winning are slim.

The latter simply thinks that there is something wrong with the data, but of course it is not ruled out that they are trying to speak up for their idol.

Zhang Chen has also been following the developments on Weibo since the moment the results were announced.

He was also a little surprised to see these comments.

But before he could react, someone who was both unexpected and reasonable posted a Weibo before him.

　At this point, all the preparations are completed.

　　Then they slowly started to reel in the line, and I feel a little excited just thinking about it.

　　It's all small change!

　　
　
(End of this chapter)