Hualai TV already owns the copyrights to hundreds of movies and TV series. Chu Yu will be actively acquiring these copyrights in recent years and will put them on his company's website in the future.
Self-produced dramas will be a popular trend in the future. Hualai has its own agency, film and television company, its own filming team, its own actors, and now it has its own video website, which will sweep the globe!
From this perspective alone, Hua Lai's future is limitless.
China does not yet have the conditions for film and television websites, so Hualai TV will premiere in the United States. Currently, there are not many film and television websites in the United States, and the United States values copyright, so many dramas require payment to be broadcast on television.
After acquiring these copyrights, Chu Yu will broadcast them on Hualai TV at a relatively low price. At that time, Hualai TV will gradually replace the television set and become a mainstream paid website.
Chu Yu offered 100 million RMB to acquire the broadcasting rights to movies and TV series. Hua Lai offered good terms: either a large sum of money to buy out the rights completely, or a partial buyout plus revenue sharing.
Copyright fees were lower back then than in later years, so Chu Yu's 100 million RMB was enough to acquire a considerable number of mainstream copyrights.
With a certain standing in Hollywood and a high price to offer, Wallace quickly reached an agreement with several companies to purchase their online streaming rights in a package deal.
These companies weren't pushovers either. While selling popular movies, they also sold the rights to some less popular films to Chu Yu at low prices. Chu Yu didn't care about the amount of money; he just bought them all if he felt it was about right.
However, she also took a precaution and extended the copyright term.
In those days, internet streaming wasn't popular, and major companies felt that the internet wouldn't develop that quickly, so a few more years wouldn't matter. They simply signed copyright agreements.
Chu Yu quickly acquired the online streaming rights to over 700 movies and TV series.
Chu Yu also had translators dub or translate Chinese films into English. In addition, the website that Hongyu made for Hualai had language options. Hualai TV supports important languages such as Chinese, English, Spanish, and French, which allows people from different countries to use Hualai TV.
Hualai's expansion efforts have yielded significant results. After Hualai TV went public in the United States, it ran a wave of online advertising and quickly became a mainstream paid website in the United States.
Chu Yu knew that for video websites, the most important thing was still copyright! Acquiring more movie and TV series copyrights was paramount!
She also hopes to increase the output of Chinese-language films and TV series, and advertisements for Chinese-language TV series are displayed on the homepage of Hualai TV every day.
The values of Chinese-language TV dramas and American dramas are naturally different. Many Americans are not interested in Chinese-language dramas. Chu Yu knew this well, so she chose light-hearted and humorous martial arts movies, as well as some movies that did well at the box office in the United States.
Using these films for advertising subtly promotes culture. They also frequently create short columns in a question-and-answer format to help people in the United States understand the meaning of Chinese elements that frequently appear in Chinese-language films.
For example, explaining the meaning of the Chinese New Year and the "Knot of Unity," explaining the meaning of the Chinese dragon, and explaining the origin of the lion dance are all subtle ways of promoting cultural export.
It must be said that the effect of cultural export is obvious. More and more Americans are watching Chinese dramas, and many people are interested in the Chinese language. Some Americans even find teachers to learn Chinese or Cantonese in order to watch the dramas.
Cultural export is a long-term endeavor. Chu Yu didn't expect to change the world in one or two years, but if one or two years isn't enough, what about three or five years, five or ten years, or even ten or twenty years?
She'll do it someday!
The Susen 97 is Susen's best-selling model. Susen has launched several other cars since then, all of which have sold well. Now, Susen's lithium batteries have been further upgraded, and Susen is getting closer and closer to electric vehicles.
In the second half of 1999, Susen Auto went public in Hong Kong. In the following years, Susen Auto's sales have been very impressive, and it even sold cars to Southeast Asia. The quality of its cars has always been very good, and they can be compared with Japanese and German cars. Therefore, there are many shareholders who are optimistic about Susen Auto.
At the time of its listing, Susen announced the launch of its automotive lithium battery.
Naturally, the lithium battery division has become an independent company. However, every step forward for Susen Lithium Battery means that Susen's electric vehicle business has also taken a step forward. After all, the news that Susen is going to build electric vehicles has been on the news for a long time. If Susen's lithium batteries are really enough to power a car, then the next three to five years will be Susen's domain.
Fueled by news reports, Susen achieved a respectable market capitalization shortly after its IPO.
In fact, a company's market value at the time of its listing does not mean much. Some well-known companies were inconspicuous when they went public, but their stock price has increased hundreds of times later. Chu Yu believes that Susen can also grow from a market value of more than 10 billion to a trillion-dollar company!
Chu Yu has complete confidence in Susen!
After its listing, Susen was thrilled, as was the domestic automobile industry. Susen increased its research and development of automotive lithium batteries and will also export cars abroad. In short, Susen never hides its ambition.
After the two companies went public, Chu Yu's net worth skyrocketed, and he generously donated 500 million yuan to Leader Qu for military development!
Chu Yu always believed that with enough money, anything could be made!
Today, China is constantly marginalized on the international stage. It doesn't know how to play the game of international politics, but it has money! It doesn't matter if we're backward, we can use money to buy our way out! If 500 million isn't enough, then 5 billion, 50 billion!
Chu Yu's net worth is less than 50 billion, but that's okay. We can take it one step at a time. She will keep donating money to the country until the country builds first-class military equipment and pushes our country's equipment level to the top in the world!
Dai Donglin got promoted again this year. His current rank is really quite impressive. He's gotten older and more composed. He occasionally speaks on behalf of the country and looks very serious, but he's still as handsome as ever. Chu Yu is always very proud to see him on TV!
"Mom, it's Dad!" Duoduo said, pointing at the TV.
Zhouzhou was so proud! Grandpa would talk on TV, and Dad would be on TV too, but Dad seemed a bit more handsome. If other countries bullied us, Dad would go on TV to condemn them!
When Zhouzhou grows up, she will also protect the country!
Chu Yu felt increasingly proud; this was her man! Handsome, with a pleasant voice, a great physique, and sound values! He was also good in bed! She simply couldn't help but love him!
Chu Yu's donation of 500 million yuan helped the country develop a batch of military equipment.
She was thinking about making money next year and trying to donate some more to the country, so that she wouldn't be provoked by other countries every day. That's just how it is these days; whoever has the strongest fist and the most advanced technology has the right to speak.
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