Shenhao: Tianhu Started And Reached The Pinnacle Of Life!

"Old Tang."

"You said how about we also build a video website?"

While drinking the 85-year-old Romanée-Conti, Principal Wang said with a blurred look in his eyes.

"Um?"

Tang Tian stared and asked: "Why do you suddenly have this idea?"

Yuanhang Culture Group has just set sail. Its Yuanhang Literature Company has acquired more than 80% of domestic original literature websites and controlled 85% of the online literature market share.

Backed by Wanda Cinemas, Yuanhang Film and Television has signed many screenwriters, directors, and producers in the industry. It also has a brokerage department and signed many artists.

At this time, what Yuanhang Culture Group needs is not expansion with great fanfare, but a step-by-step development.

As the executive president and general manager of Yuanhang Culture Group, President Wang suddenly said that he wanted to build a video website, which inevitably made him a little suspicious.

"Some time ago, I don't know who gave me a plan."

"It is said that there is a video website in Laomei. It was acquired by Google for US$1.65 billion after it was established just over a year ago."

Principal Wang stared at Tang Tian with a burning gaze, that expression was full of longing.

"I know about it."

With a calm expression, Tang Tian explained: "YouTube, currently the world's largest video sharing website."

"In February 2005, it was founded by three former PayPal employees. In November 2006, Google acquired YouTube for $1.65 billion."

"But until now, Google has been laissez-faire with its arrangements."

"Because at present, video sites all over the world are in a dilemma, that is, they cannot find new growth points."

"There are already leading video sites in China, and even more than one."

"In this field, our domestic development is not inferior to the international ones, and we are even a little ahead."

"Tudou, Youk, LTV, Kuliu, S Fox, these are not small in size, and they even plan to obtain video licenses."

"To start a video website is equivalent to taking users out of their pockets. Are you ready to burn money?"

"Basically, they have all received financing. If you don't have 50 million US dollars, it is impossible for you to have a place."

"Ah, this?"

Principal Wang was dumbfounded.

Fifty million US dollars, that is equivalent to 350 million RMB.

The 486.6 million Yuanhang Group's early capital injection cost 400 million yuan when Yuanhang Literature was established.

Later, Yuanhang Video was established, and another 50 million yuan was allocated as operating funds. There was only less than 40 million yuan in the account, and it had to be supported.

Not to mention 50 million US dollars, even 5 million US dollars, he can't get it out.

"If I'm not mistaken, the proposal submitted by that person can't be so simple to fool you."

"He must be saying that the 3G era is coming, and the spring of video websites is coming. Once they are listed, they can immediately cash out billions or even tens of billions."

"This is the first video site in the Xia Kingdom and even the whole world, and there must be a lot of people paying for it."

The corner of the mouth raised a slight arc, Tang Tian continued.

"how do you know?"

Before he could finish speaking, Principal Wang blurted out.

That's true, the prospect that that guy and President Wang described is indeed very bright, to build a video website, burn money, go public, and make money.

But the problem is that every step of this matter is not easy.

"Have you ever thought about one thing, going public requires not only a market, but also a profit point."

"Current video sites across the country and even around the world can't find any profit points, and they are purely burning money."

"How do you ensure that there is a profit point, so that you can cash out smoothly when you go public?"

Looking at Principal Wang, Tang Tian raised a crucial question.

In the original history, the spring of video websites will not come until the 3G network, or the full popularity of smart phones.

Major domestic video websites were listed in 2010, or A shares, or US stocks, or Hong Kong stocks, and made a lot of profits.

It is still only 2007, and the operation of video websites is in a state of confusion, especially when the subprime mortgage crisis will bring a catastrophic financial crisis to the world, just next year.

At that time, all industries will wither, and how video sites can sustain themselves through this crisis is the most urgent thing.

"I..."

Principal Wang was speechless when asked, and even a little ashamed and angry on his face.

In this way, the person who proposed to him the so-called plan to build a video website was actually a big fool, coaxing him into being a fool.

"Actually, you feel right."

Glancing at Principal Wang, Tang Tian smiled and said, "The development of Yuanhang Culture Group not only needs a video website, but also a music website."

"You want to go public. That's right. The best way to solve the group's development dilemma is to go public. Only going public can raise a lot of money."

"But why do we have to make our own video sites and music sites?"

"Do you still remember how Yuanhang Literature came about?"

"you mean..."

Principal Wang's eyes suddenly brightened.

"That's right."

Nodding slightly, Tang Tian said in a deep voice: "Professional people do professional things."

"Just like an original literature website, can we be more professional than Wu Wenhui? Obviously not."

"But now, Wu Wenhui has become the general manager of Yuanhang Culture Company, your subordinate."

"Since there are so many video sites and music sites in China, why should we spend time and effort doing it ourselves?"

"Isn't acquisition the best option?"

Shopping malls are like battlefields. There is a saying on the battlefield: If you are poor, you will use tactics, and if you are rich, you will have firepower.

In fact, the same is true for business. If you have money, waving banknotes to buy is the simplest and most direct way to strengthen yourself.

The superior does not need to have much talent, as long as he can make good use of the talents at the bottom, which is enough.

"But where do we have the money to buy?"

Thinking of this, Principal Wang's face drooped involuntarily.

"You, you just can't use your brain."

Pointing to Principal Wang, Tang Tian said bitterly, "I've already told you the key to the listing of Internet companies."

"The most important point is the profit point. As long as the profit point is found, there will be no shortage of people paying for the listing."

"You hold a golden egg that can hatch a golden chicken in your hand, and you have to go far to find some video sites."

"Stupid or not!"

The voice fell.

Principal Wang's whole body is suddenly enlightened like the morning bell and evening drum.

Yes, if the video website is still in the reckless stage, then the original literature website has been separated, who can be stronger than Yuanhang Culture?

As early as October 2003, Dianniang created a new model of online paid reading, that is, electronic publishing. Original literature websites refer to this model, and almost all of them are profitable. In the whole year of 2006, Dianniang’s profit alone exceeded 30 million yuan. There are many other sites.

Therefore, at the beginning of its establishment, Yuanhang Literature was an enterprise that had achieved a balance of payments and an annual income of more than 300 million RMB.

With the continuous operation of IP, Yuanhang Literature will continue to expand with the cooperation of Yuanhang Film and Television, and its revenue will grow rapidly.

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