The entertainment empire began with Liu Yifei's premarital pregnancy.
Chapter 261 A New Year Begins
[Ding! Congratulations, host! Monthly check-in successful. You have received the following rewards: one bottle of Liuwei Emperor Pills (10 pills) + one bottle of Beauty and Nourishing Pills (10 pills) + 100 million US dollars + the script for the movie "Overheard 2"]
[Ding! Congratulations, host! Annual check-in successful. You have received the following rewards: one bottle of Liuwei Emperor Pills (10 pills) + one bottle of Beauty and Nourishing Pills (10 pills) + 100 million US dollars + the song "Free Flight" + the script for the movie "Rise of the Planet of the Apes" + a building in the Fu'er Building in Chaoyang District, Beijing.]
[Ding! Congratulations, host! You have successfully checked in for the holiday and received a New Year's Day gift pack as a reward.]
[Host, would you like to open the New Year's Day gift pack?]
"Open!"
[Ding! Congratulations, host! You have opened the New Year's Day gift pack and received the following rewards: a script for the movie "Twilight: Breaking Dawn - Part 1", 25% of Tudou.com shares, and an Audi Q7.]
As the system notification faded, the reward landed in front of Lin Bufan.
Lin Bufan didn't even glance at the daily sign-in rewards; he simply put them away.
"Overheard 2?"
Lin Bufan picked up the script and glanced at it. The first part of "Overheard" was not finished filming yet, but it would be soon. He heard from Shi Nansheng that it would probably be finished in a few days.
After filming is completed, post-production will be done to schedule the release date, which is expected to be around Labor Day, May 1st.
The current May Day holiday, like National Day and Spring Festival, is a seven-day Golden Week holiday. It wasn't until 08 that the holiday was shortened to one day, and then combined with staggered days off to form a three-day holiday.
The current May Day holiday period is a very good time to watch movies.
The second installment of "Overheard" grossed over 2 million yuan at the box office. After the first film was released, the start of the second film was announced, which will surely boost the company's market value.
After putting down the script for "Overheard 2", Lin Bufan picked up the script for "Rise of the Planet of the Apes".
The movie Rise of the Planet of the Apes grossed $4.81 million worldwide in later years, with a production cost of only $9300 million. After deducting costs, it is estimated to have made a profit of around $1 million.
"This song..."
Lin Bufan picked up the lyrics and music of the song "Free Flying," glanced at it, and found it to be exactly the same as the one in his mind.
This song was released by Phoenix Legend in 07. It is their new representative work after "Above the Moon" and is very popular.
If he remembers correctly, Phoenix Legend was signed to Peacock Records, and even after they became wildly popular, they didn't separate from Peacock Records and continued to work together.
"If only we could bring Phoenix Legend under our umbrella..."
Lin Bufan thought for a moment and realized that there was only one way to bring Phoenix Legend under his wing: to acquire Peacock Records. However, there was no rush; he could leave it to Xu Hongfei.
Lin Bufan also glanced at the script for "Twilight: Breaking Dawn (Part 1)" and then put it away.
The first installment of the Twilight series has not yet officially started filming. Since the last five projects were approved, Carter has been in charge of the preparation, props and casting of each film, and especially the director.
The first Twilight movie is currently in pre-production, and according to Carter's report, filming is expected to begin around February.
The Audi Q7 is indeed the most popular and phenomenal SUV in China right now, but Lin Bufan already owns a Range Rover, so he doesn't care about this Audi Q7 anymore.
Compared to the above rewards, the most valuable ones are actually a 25% stake in Tudou.com and the Fuer Building.
Tudou.com underwent two rounds of financing in 2006: Series A in March and Series B in May.
At that time, Zhewei Capital had not yet been established, so Zhewei Capital missed out on two rounds of financing for Tudou.com.
In these two rounds of financing, Tudou.com's Series A and Series B rounds, Tudou.com contributed 20% of its shares each time, for a total of 40% of the shares. GGV Capital and JAFCO Asia acted as the lead investors, investing a total of US$700 million in the Series A and Series B rounds, and holding 16.4% of the shares in each round.
IDG Capital participated as a follow-on investor, investing a total of US$300 million and acquiring a 7.2% stake.
Based on the investments from the three capital firms mentioned above, it can be seen that in the eyes of capital, Tudou.com is valued at US$4300 million. Originally, Tudou.com's founder, Wang Wei, should have held 60% of the shares, but now Lin Bufan has "divided" 25% of the shares, leaving him with only 35% of the shares.
Although Wang Wei remains the largest shareholder of Tudou.com, his influence has been halved.
If Lin Bufan were to join forces with other capital firms, they could even oust him, the founder of Tudou.com.
Don't underestimate the 25% stake in Tudou.com, which is only worth $1075 million. In Lin Bufan's mind, this stake is more important than "Rise of the Planet of the Apes," which could bring him hundreds of millions of dollars in returns.
Currently, domestic long-form video websites are gradually gaining momentum, with Tudou.com being a pioneer in this field. If it weren't for Wang Wei's wife's desire to divorce him during the crucial period of the company's IPO, which led to the failure of the IPO, Youku, a latecomer, wouldn't have been able to take the lead and go public first.
In the same industry, the difference between who goes public first and who goes public later can be significant.
Lin Bufan had long wanted to enter the long-form video industry, but he had never had the opportunity. Now that Tudou.com's shares were in his hands, it was a rare opportunity for him.
However, there's no rush now. Let's finish filming "Lust, Caution" first. After all, it will take several more years for long-form video websites to develop.
"Fuller Building..."
Lin Bufan picked up the last reward: the property ownership certificate for the Fuer Building.
This building is located in the heart of Chaoyang District's CBD, directly opposite the CCTV headquarters building. It has 35 floors and has only been in use for two years since it was completed in 04.
With a total area of 5.17 square meters, the building is worth more than 1.2 million yuan based on the current selling price of 6 yuan per square meter.
Of course, if we wait another ten years or so, its value will probably climb to around 20 billion.
The value is secondary; the most important thing is this building, which solves Kyoto Entertainment's most pressing need: an office location.
Kyoto Entertainment is nearing the end of its conglomerate restructuring, and Lin Bufan is still considering whether to first purchase an office building to serve as the group's headquarters.
Now, the Fuer Building where we checked in only needs to be renovated and renamed Kyoto Building, and it can be used as the future headquarters of the Kyoto Group.
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