Chapter 553(1/2)
With the completion of the first phase of the Ark Cultural Headquarters Park, the company began to slowly move to Ningyun Cultural Industrial Park.
The first phase of the project completed is the headquarters building and the Nebula Animation Building.
On the day of completion, Fang Xing took the company's senior executives to cut the work.
Many economic channel news reporters and entertainment reporters came to interview.
However, the completion of the Ark Culture headquarters building was not strictly entertainment news, so it did not attract widespread attention.
With the completion of the first phase of the company's headquarters park, the company's scale is also growing.
The entire company cannot revolve around just Fang Xing's projects, but will develop more projects.
After all, Fang Xing may only make one film and television drama a year. When he is not filming a drama, it is impossible for the company to shut down.
Therefore, the company's investment department, like other film and television companies, began investing in film and television projects last year.
Since it is an investment, there will naturally be profits and losses.
Last year's revenue from the investment department was considered a small profit, with no surprises.
In fact, for other film and television companies, as long as they don't lose money, they make money.
After all, no one in the film and television industry can guarantee to make money forever, except Fang Xing.
Sometimes, when the investment department discovers a project with good potential, it may directly take the project over for production.
Zhang Yigao has been with the company for more than three years. Most of the time he has been working as an assistant director for Fang Xing and occasionally as a director, mostly in music videos.
Although he is an assistant director, his resume is quite scary.
The names of TV series such as "Wulin Gaiden", "The Beginning", "The Pretender", "Hurry", "Nirvana in Fire" and "Dark Glory" are written on the resume. In the film and television industry, it is quite scary.
Film and television companies often come to Zhang Yigao and want to invest in his dramas.
However, Zhang Yigao basically refused.
He knew very well that the previous TV series became popular because of Fang Xing. Without Fang Xing as the director, he would have no foundation at all.
In fact, Zhang Yigao's director experience and knowledge are sufficient, but he lacks a little market insight.
There has definitely been progress with Fang Xing in the past few years, but it's hard to say whether he will be able to produce a hit drama.
Ark Culture cannot produce a drama by just Fang Xing, so when it sees a suitable script or project, it will consider taking it and producing it itself, with Zhang Yigao as the director.
Fang Xing did not film a drama this year, but the company's film and television production department was not idle and filmed an online drama directed by Zhang Yigao.
A-level production, Ark Culture led the investment of 30 million, and also recruited 50 million investments from film and television investment companies such as Penguin and Qingti Film and Television.
This investment scale is considered to be at the medium level of A-level.
If it were other film and television companies that wanted to prepare such an A-level production, it might take a long time to recruit investors.
After all, the money of film and television investment companies does not come from strong winds. Every time they invest, they only make money if they think they will make a profit.
However, this drama is produced by Ark Culture, and although the director is not Fang Xing, the name of Ark Culture is there, so even if the director is not Fang Xing, it should not be a loss.
Moreover, the crew of this TV series only lacks the director Fang Xing. The other directors, Fu Huadao and other crew are all members of Ark Culture.
There may be some reduction in allocation, but the fundamentals are still there.
Therefore, it is very easy to recruit investors for this project. Almost as soon as the news was released, it had already received investment from many film and television investment companies.
After all, this project is an 80 million project. Although Fang Xing is not the director, the project will be discussed at regular company meetings.
Therefore, Fang Xing read the script a little bit.
The script is very solid.
This type is really stable, even if the shot is average, you won't lose much.
Even if the shooting is really bad, you won’t lose much.
During the casting process, the director team looked for actors who had previously filmed "Dark Glory" when they were in middle school.
Since the original audition for actors was to find current students in schools, these young actors have already filmed "Dark Glory" and are somewhat famous, but they have not yet starred in a hit drama, so the pay is not high.
Although the pay was not high, these actors were all auditioned by Fang Xing, and their acting skills were all passable.
Therefore, we saved a lot of money in terms of the starring actors' remuneration, and all the money saved was used in costumes and scenery, so that this A-level production can produce an entry-level S-level quality with an investment of 100 million.
This drama was aired during the summer season in July and the results were pretty good.
Although it is not at the level of hit dramas, the profit is visible to the naked eye.
Although it did not become a big hit, this drama was produced by Ark Culture and was not the first TV drama directed by Fang Xing, so its success was still relatively important.
…
With the completion of the first phase of the Ark Culture Headquarters Park, the second phase of funds has been gradually received, and banks have issued more relaxed loan conditions.
This gave Ark Culture a lot more funds, and the number of investment projects began to increase.
With the increase in investment projects, the three major domestic video websites hope to have in-depth cooperation.
Ark Culture has always had an in-depth cooperative relationship with Penguin Video, but this depth is relatively limited.
After all, Penguin Video belongs to Penguin Group, and many decisions cannot be made independently by Penguin Video.
As for the other two video websites, in the past three years, they have been rubbed to the ground by TV series produced by Ark Culture in turn. To say that they are not uncomfortable is definitely a lie.
However, in business, there are no real enemies.
Even if we are rivals in business, it does not mean that we cannot become partners in the next moment.
Especially for a company of Ark Culture's level, no one wants to become a rival with such a company.
Therefore, Fang Xing is occasionally invited by the presidents of Xiangtao Video and Wandou Video to attend dinner parties, anniversary celebrations and other events.
Of course, Fang Xing went when he had time and didn't have time to stop him, so he sent Qiao Yinghong to socialize.
…
Three years ago, when Fang Xing was just filming "Wulin Gaiden", he approached Wandou Video, but was tricked by the then director of the film selection department of Wandou Video.
Then, that year, Penguin Video released the hit "Wulin Gaiden". Three years later, this drama is still number one in the comedy list.
That time at Wandou Video, the director of the film selection department was fired.
However, this pain has not completely healed for Wandou Video yet.
Of course, that incident is an exception.
In the past three years, Wandou Video has been bombarded by Ark Culture and Penguin Video in turn, but it still maintains its position among the three major video websites, which also shows that this company still has strength.
Moreover, Wandou Video is still able to compete with Penguin Video.
"Boss, Gong Jianbin, the president of Wandou Video, has invited you to dinner for the third time. Do you want to meet me? Mr. Gong is very sincere. In the past, I always used the excuse that the boss wanted to accompany the boss's wife to compete and I didn't have time to shirk it. This time I really
I can't turn it down." After the regular work meeting, Qiao Yinghong went to Fang Xing alone to report the invitation.
"Wandou Video? Have I met their president before?" Fang Xing was not sure. He had heard the name before, and he felt embarrassed for a moment.
The main reason is that the CEO of Wandou Video is relatively low-key and rarely appears in the news.
"I met at a dinner party." Qiao Yinghong took out her mobile phone and found a photo to show Fang Xing.
"Oh, it's him. I have an impression. I had a lot of chats with him at that dinner. This guy is a pretty decent person. No wonder Wandou Video can firmly occupy one of the three major video websites." Fang Xing commented.
Qiao Yinghong briefly introduced the president's information: "Gong Jianbin, founder and CEO of Wandou Video. Currently holds 32% of the shares and is the largest shareholder of Wandou Video."
Under normal circumstances, when a company develops to a valuation of 1 billion, it will encounter bottlenecks.
If a company wants to continue to develop, it is an inevitable choice to introduce investment, expand its scale, and occupy the business territory.
Therefore, the ownership structure of a company like Wandou Video with a valuation of 20 billion will be relatively complicated.
It is rare to find a company like Ark Culture, in which Fang Xing holds more than 90% of the shares, with a valuation of over 10 billion.
Moreover, Ark Culture has not really entered the capital market, so there is no accurate valuation. If it really wants to IPO, triple the valuation will be considered small.
"Boss, do you want to keep the appointment?" Qiao Yinghong asked again.
"when?"
"Tomorrow night is the anniversary of Wandou Video. Mr. Gong said that he can take his wife to the banquet."
"You agree first. I'll go when I have time. I'll go back and ask if Lu Xiang'er can go." Fang Xing agreed first.
"Okay, then I'll call Mr. Gong back." Qiao Yinghong agreed.
"Did Gong Jianbin call and invite him personally?" Fang Xing asked again.
"Yes, it was Gong Jianbin who made the call himself, not his assistant, that's why I say Mr. Gong is very sincere." Qiao Yinghong replied.
"Okay, I understand." Fang Xing nodded.
…
The next night.
Pea Video Anniversary Dinner.
The website's anniversary event started a week ago, and there are also offline events.
To be continued...