The Birth of the Magic City's First Conglomerate

Turning thirty is an awkward age. Some people shine brightly and achieve glory at this age, while others find their lives a messy struggle.

Undoubtedly, Chen Pingsheng belonged to the latter....

Chapter 409 Yateng Short Play

Chen Anan went to the back of the sea to fish seriously. What's more, because she invited a special master to teach her, she actually caught two big fish.

The big brat was so happy that the second girl was also clapping her hands and giggling.

There is also a top chef on the yacht, who can prepare the fish so that we can have the freshest ocean fish for lunch and dinner today.

As for Gao Hu, he, Chang Fu and Chen Pingsheng are brothers who grew up together.

Tengying Group has already shown mercy on many things.

Otherwise, if he continued to poach people like this, his Shacheng restaurants would have to close down right after they opened.

This is not an exaggeration at all.

After all, Tencent Film can suppress Huayi Brothers, a company with a market value of hundreds of billions, in a short period of time, so it can naturally easily crush a start-up catering company.

There's just no need for that.

Gao Hu was fired, but he probably didn't realize how much negative impact his behavior could have on a super large group.

He just thought he was just playing with a few more women.

Chen Pingsheng intended to have both Chang Fu and Yang Qian participate in the interns' return to agriculture activity in December.

As for Chu Qiuyan, she is naturally indispensable.

In addition, it would be better for Xinteng to send a group of internet celebrities to the live broadcast.

The rise of the internet celebrity profession was too sudden and short-lived.

Many people become famous overnight because of the developed Internet before they have adjusted their mindset.

Sudden wealth leads to behaviors that are extremely disproportionate to one's wealth.

Therefore, Xin Teng’s live broadcast has to ban several big internet celebrities every month.

Some people become arrogant and talk without thinking, and dare to talk about any silly or serious topics.

Some are simply because they indulge themselves too much in private.

It became popular quickly, but it was closed even faster.

These people have a strong social atmosphere.

He simply doesn't possess the basic qualities that one would expect from such wealth.

Chen Pingsheng also hopes to change their mentality a little bit through such activities, at least to make them more pragmatic!

Chang Fu himself was once a big brother in society, so it was perfect for him to manage a group of such people.

Starting this year, it is obvious that more and more young people are playing short videos.

Even some companies have begun to participate in it.

Various internet celebrity economic companies have sprung up like mushrooms after a rain and are rising too quickly.

Countless young people who want to start a business have set their sights on the short video track.

It is worth mentioning that Tengyou Media has also risen rapidly.

Douyin is making great efforts, and it seems that the world will be divided into two parts: Douyin in the south and Kuaishou in the north.

As for Weishi, which is supported by Big Penguin, there is no sign of it emerging yet.

It relies solely on the big penguin to continuously supply it with traffic.

He has also invested hundreds of millions of yuan in Weishi, so he still has patience.

If things continue like this, there is a 90% chance that the big penguin's own son will not be able to be supported.

After this wave of executive layoffs has subsided, he may also carry out a large-scale reform of the entire group headquarters.

In order to calmly deal with the major economic turning point that is very likely to occur in the future.

After they sat down and talked for a long time, Chen Pingsheng decided to let Lujiao Coffee advertise in the Premier League season when Leicester City participated.

It must be said that he made the right decision to buy the rising star Mbappe.

He was simply unstoppable in this year's Premier League season and became a superstar in the football world.

After the Premier League season ends, the world-renowned World Cup will be held in June 2018.

If he can still achieve the same results as now, Tengfei New Energy will be tied to him for advertising.

I'm afraid it will become known to the world in one leap.

Lujiao Coffee had just experienced a short-selling incident by Muddy Waters, and its stock price was at its lowest point.

It would definitely be beneficial to be able to tie advertising into the Premier League season at this time.

Chen Pingsheng asked Yang Qian to go abroad to discuss it herself, and he just needed to make a phone call there.

In addition to Tengyou Media, the fastest-growing companies in Tengying Group this year include Shuiyunjian, which is expanding in eight second-tier cities, and Lujiao Coffee, which is beginning to take a global route.

These three companies have seen the most rapid growth this year.

Tengyou Media will probably not officially start its monetization journey until the summer of 2018.

By the time it can be monetized, it will definitely be a super enterprise that is no less than Xinteng Live.

In addition, the Yateng Short Drama, which was established last year, also made Tengying Group earn a lot of money.

The fast-paced short drama has made a profit of 3 billion this year alone, and the popularity has shocked countless people in the industry.

They also cursed, saying it was so stupid.

After cursing, he secretly went to shoot short dramas to make money.

It should be said that the threshold for this industry is shockingly low. If you have learned a little about photography and adapt some online new media stories about the God of War and the Son-in-law, you can make money.

Last year they were the first to try it, but this year is different.

All the monsters and demons came out.

Tong Zelan is quickly using her connections to push it on the market, otherwise it might be too late.

The main reason is that this industry doesn’t even require any review, it can be released directly after filming.

Compared with those movies and TV series, it is completely crazy and wild growth.

The team that produces short dramas once a year is growing at an exponential rate.

If it is not listed soon, I am afraid that it will not be possible to get a good price.

Even Chen Pingsheng himself said that there are not many technical barriers to entry in this industry.

There is no moat at all, which is a huge gap compared to Tencent Film Entertainment.

It can be said that Tengying Entertainment can easily name seven or eight top-tier artists who are well-known to the public.

As for the Yateng short play, Chen Pingsheng himself didn’t know how famous it was.

This is a super entertainment company with an annual revenue of 3 billion, which even he himself finds unbelievable.

It can be seen how big the gap is.

The cultivation of a top artist requires both works and time.

And more than a dozen short dramas can be produced in just one month.

You can't even tell the people's last names.

If such a company does not push for IPO quickly, it will have to wait until the management documents come down.

If nothing is done, the valuation will be cut in half or even impossible to go public.

He understands this principle, and Tong Zelan certainly understands it even better.

Therefore, we must push ATA to complete the most critical step while it still has high profits.

It doesn’t matter what happens later, because they have already cashed out.

It's pretty cruel, I have to say.

There's nothing you can do about it, the stock market is just like that and everyone plays it this way.

With the capital connections that Tong Zelan has accumulated over the years and the many listed companies she has invested in.

It shouldn't be too difficult to push a short drama company with an annual profit of 3 billion to go public.

It’s nothing more than a matter of which company’s shell to use.

If you want to be fast, you can only use a shell.

As long as the management documents for this thing can be released one year later, a light-asset, high-profit, low-investment, high-return enterprise like Yateng Short Drama will be able to make everyone a fortune.

As the saying goes, the butt determines the head, once everyone decides to join this game.

Then we will try every possible way to get the management documents of this industry and then discuss it after they have all cashed out.

After all, if the valuation is calculated based on an annual profit of 3 billion, then the Yateng short drama is worth at least 30 billion.

Remove the document risks on a certain positive policy, and the profit margins that everyone should enjoy.

The most appropriate number is between 15 billion and 18 billion.

If this valuation is achieved, those who invested in ATA Short Drama earlier will make a fortune.

Tong Zelan herself can also create another investment miracle.

Of course, big investors and securities traders are not stupid.

We can all see the industry risks involved. To put it bluntly, this is why Yateng's short dramas can have such high profits.

In addition to enjoying the full range of resources of Tencent Entertainment, the most important thing is that this emerging industry has not yet entered the eyes of senior management.

There is not even the basic management system that the industry should have.

The so-called risks are all concentrated in this management system.

This is also the most uncontrollable aspect.

As for Tengying Entertainment’s resources, no one is worried about that.

It’s simple, the biggest boss of Yateng Short Drama is Tengying Entertainment.

The resource support here is unlikely to change.

What everyone is betting on is that no management document will be issued within a year, and even if it is issued, we still have to look at the specific content.

Those who can reach their level can influence certain industry resources to a certain extent.

At least up to now, there has been no news of any management documents.

This means that for at least six months, the higher-level management departments will not issue any restrictions or review documents for the filming of short dramas.

All that's left is to gamble for half a year. (End of this chapter)