The entertainment empire began with Liu Yifei's premarital pregnancy.

At 9:30 p.m., after the two episodes of "The Starry Night" had finished airing, Lin Bufan said goodbye to Zhao Liying's house.

Seeing the somewhat unwilling and reluctant look in Zhao Liying's eyes, Lin Bufan shook his head with amusement.

He came today specifically to watch Zhao Liying's first broadcast with her.

It's impossible for him not to have feelings for her, but he had already made arrangements with Lin Zhiling before today to spend the night with her.

He never breaks his promises.

That's why he suggested keeping Zhang Yangguo'er; otherwise, he would have made her leave using various excuses long ago.

"I'm so sorry, I didn't know Director Lin was coming today!"

After Lin Bufan left, Zhang Yangguo looked at Zhao Liying with embarrassment.

After all, she should apologize for delaying Zhao Liying's good time because of her presence.

"Never mind, it's none of your business!"

Zhao Liying shook her head.

She was a smart woman. From the moment Lin Bufan tried to persuade Zhang Yangguo'er to stay, she realized that Lin Bufan would not be able to spend the night with her.

In later generations, she was able to rise from a nobody extra to a ratings queen. Did they really think she was a naive and innocent girl?

……

The next day, when Lin Bufan left the Biyunfangzhou villa, Lin Zhiling was still fast asleep.

She could only see Lin Bufan once in a long while, and each time she would use all her skills, but the result was always the same.

"Boss, the ratings for 'The Starry Night' are out. Last night, the peak rating reached 5.21%, and the average was 4.87%..."

Lin Bufan had just gotten into the car when Bai Bing called.

The viewership ratings aren't too high, but they're definitely not low either; it's definitely a hit idol drama.

"By the way, boss, the program acquisition directors from Sichuan TV, Anhui TV, and Jiangsu TV are in Kyoto. Would you like to meet them?"

Bai Bing continued her report.

In fact, long before the premiere of "The Starry Night," these purchasing directors had already come to Beijing, waiting for the first day's ratings to come to Kyoto to secure the second-run broadcast rights.

Since Kyoto gained fame, these TV stations have placed great trust in Kyoto.

So far, none of the dramas produced by Kyoto TV have had poor reviews or ratings. What makes these TV stations most unhappy is that they have all been acquired by Kyoto TV.

"I won't go. Let Li Guojun talk to them!"

Lin Bufan remained calm.

It's long past the beginning, when Kyoto had to beg them, so Lin Bufan naturally doesn't need to deal with such trivial matters.

Kyoto has become a conglomerate, and several of its departments have been established as separate subsidiaries.

The TV series was produced by Beijing Television, but its distribution was handled by Beijing Film Distribution. Whether it's a movie or a TV series, Beijing Film Distribution is responsible for its distribution.

All expenses are settled separately, and each subsidiary has its own independent finances, in order to prepare for the company's future IPO.

Kyoto Group has several subsidiaries: its music division, Kyoraku Culture Co., Ltd.; its film production division, Kyoying Culture Co., Ltd.; its television drama production division, Kyoshi Culture Co., Ltd.; and its variety show division, Kyoshow Culture Co., Ltd.

Covering variety shows, movies, TV series, music records, and more, all distribution is handled by Jingxing Media Co., Ltd., a company established by splitting off from the distribution department.

Jingyi Xingyao Culture Co., Ltd., which was established by the artists, has little to do with Jingxing, the distribution company.

Moreover, even the various celebrity studios that have signed contracts with Kyoto entrust the release of any projects to Kyoto.

Moreover, Jingxing not only acts as the issuer for the group's subsidiaries, but also receives many offers from external companies to handle their issuances.

With Kyoto establishing its own cinema chain and maintaining good relationships with other cinema chains, many entertainment companies have approached Kyoto.

Furthermore, it is well known in the industry that Jingxing has the channels to distribute a film globally through AMC theaters worldwide.

Originally, Lin Bufan's plan was to list Jingying first, but judging from the current trend, it is very likely that Jingxing will be the first to be listed.

Even Crystal Entertainment, founded by Liu Yifei, will be a little later on its IPO.

It's still early. Lin Bufan plans to start preparing for the company's IPO after the beginning of 08, which must be earlier than Huayi Brothers.

If he remembers correctly, Huayi Brothers went public in October 2009.

It's only July 2007 now, there are still more than two years to go. Jingxing will definitely be able to go public before Huayi. And not only Jingxing, but it is expected that by then, apart from Jingyi Xingyao, the other subsidiaries will also be able to go public normally.

Even Crystal Entertainment will go public earlier than Huayi Brothers.

If that's the case, Huayi Brothers' lifeline will be completely severed. Sometimes, the first and second listed entertainment companies have completely different concepts.

Even if it's just a subsidiary like Jingxing, don't forget that Jingxing is backed by the behemoth that is Kyoto Entertainment. Once it goes public, its market value will inevitably be high.

……

Lin Bufan didn't know how Li Guojun negotiated with the other TV stations.

In short, he received the result that the second, third, and even fourth round broadcast rights of the TV series "The Starry Night" had all been sold, for a total of 8500 million.

This TV series had a production cost of less than 10 million, but it sold for 115 million, making a profit of 107 million after deducting costs.

This profit is equivalent to the box office of a movie that has grossed over 300 million.

Lin Bufan had already decided that after returning from Venice, he would negotiate with domestic cinemas.

He doesn't care about others, but his share of the film's box office revenue must be changed.

Originally, it was Zhang Dapao of New Pictures who pushed for box office revenue sharing in the future. Before the release of the movie "The Flowers of War", he joined forces with major film companies to put pressure on the theaters.

Ultimately, New Pictures' "The Flowers of War" earned a high share of the box office revenue, while all the other film companies were sold off.

According to Lin Bufan, the State Administration of Radio, Film and Television is preparing to meet with cinemas, demanding that the production company's share of box office revenue should not be less than 43% in principle, while the cinemas' share should not exceed 50% in principle.

Of course, there is still a lot of room for maneuver in the latter principle.

As long as you change the name, you can continue to get high commissions.

Later, Zhang Dapao secured a 45% share of the box office revenue for "The Flowers of War" based on this, but this was the only instance. Later, others tried to negotiate with the theaters, but the tide had turned and everything was set in stone.

Because of Zhang Dapao, the production company later basically kept the percentage between 39% and 43%.