Chapter 469 Nonsense and Rumors

Chapter 469 Nonsense and Rumors

Chapter 469 Nonsense and Rumors
After breaking up with Huang Zongze.

Pu Jiajing took a few quick steps to catch up with Fan Wumian and asked him:

"Boss, are you really going to sign this guy?"

"Well, among the newcomers in Hong Kong, he is considered to have more potential. Some people in the circle said that I was busy making money in the mainland and never helped them. I need to show some respect occasionally."

There are a large number of fans in Hong Kong who like Fan Wumian, but among his peers in the local entertainment industry, his reputation is barely acceptable.

The many rumors about him were mainly spread by some bosses of Hong Kong film and television companies and senior actors in the acting circle.

The former blamed Fan Wumian for being selfish, not taking them along to make money together, and also for taking away a lot of market share.

The latter hopes that Fan Wumian will use more Hong Kong actors, so that he can get the opportunity to develop in the mainland or even Hollywood.

In addition, there are some relevant practitioners in the film and television industry who want his crew to recruit more employees from Hong Kong. There are also many TV stations like TBV that hope to take advantage of the opportunity, expand their revenue channels, and plan their video website business in advance.

To put it bluntly, the issue behind this is nothing more than a matter of interests. Everyone's life is not easy, and they are jealous of Fan Wumian's smooth sailing.

Thinking of this, he felt unhappy and continued to mutter:

"Those people used to eat meat but never brought me a sip of soup. Why should I take responsibility and spend extra money out of my own pocket to support them?"

"For countries and regions with small markets, cultural industries must develop outwards, otherwise it will be difficult for them to prosper in the long run."

"Many bosses want to make money but are reluctant to spend money and take risks. They are always thinking about taking a piece of the pie from me. Do I owe them anything?"

"."

After listening to this, Pu Jiajing said silently:
"It's not cost-effective to hire people from Hong Kong. They need high wages, overtime pay and two days off a week. The expenses are three or four times higher than in the mainland, and the efficiency is not as fast as ours. Having said that, I still feel frustrated when I think about it. We all do similar work, why is there such a big income gap?"

Fan Wumian said calmly:

"The reasons for low wages are very complicated. The mainland has a surplus of labor and is currently at the middle and low end of the industrial chain in international trade. Most of the profits are earned by high-end industries abroad."

"The world order has long been designed by developed countries in Europe and America to be what they want. Putting aside South Korea, a deformed developed country, there have been no new developed countries or regions in the world for many years."

"After looking around, the mainland is still the most likely place to break the deadlock. At least a large number of cities and populations have the hope of partially breaking through the threshold of developed countries."

Just a few words of small talk.

Pu Jiajing was not clear about the future situation, and Fan Wumian did not explain much.

The mainland is developing and changing at a very fast pace. There is a serious generation gap between generations within families, and there are significant differences in thinking habits and lifestyles.

The same is true for companies. Many middle-aged and elderly people are still engaged in traditional low-paying jobs, while Warwick, which is still busy with the communications business, can already pay its newly graduated master's students an average annual salary of 60,000 to 70,000 yuan, which is much higher than the current starting salary of one to two thousand yuan per month for ordinary college students.

By handing over the film and television projects to the mainland crews, a drama could save millions in labor costs. Fan Wumian certainly wouldn't let himself bear this loss in vain just for a few words of praise from his colleagues in Hong Kong.

Since this year.

A large number of film, television and music companies in Hong Kong are busy laying off employees, and artists under TBV TV station are leaving one after another. Life is really difficult.

Huang Zongze has very good overall conditions among the younger generation of TBV actors, but the penalty for breach of contract was only 100 million Hong Kong dollars, which indirectly shows that his salary is not high.

In his twenties, he is in the golden period of his career as an actor.

With Huang Zongze's good looks, if he could produce a few more representative works and completely establish his fame, he would have the potential to become a new cash cow. However, TBV TV station has average resources and has to win over other pillars, so it cannot give him too many good roles.

Of course.

TBV has not completely collapsed and its market value is still more than 20 billion Hong Kong dollars. If you want to poach people from this company, you need to give a heads up first.

Remembering the news he had seen a few days ago, Fan Wumian asked:

"Recently, Uncle Six, the head of TBV, seems to be unwell. He has been hospitalized for hepatitis. There is also news that he and his wife are planning to sell 26% of the shares of TBV TV station. Please help me find out which hospital Uncle Six is ​​in. If I am free tomorrow, I will visit him in person."

Pu Jiajing's thoughts wandered, and she said in a surprised tone, "Boss, you are not interested in acquiring TBV, are you? You just became the largest shareholder of Penguin Group, and the stock price has been sluggish. I'm afraid the bank won't dare to lend you money anymore."

I heard the words "half-dead".

Fan Wumian's eyebrows twitched. Although he knew that the future was bright, the waiting process was really a bit difficult to endure.

Since he became the largest shareholder, the total amount of short selling of Penguin Group has increased from more than 3 million Hong Kong dollars to more than 6 million Hong Kong dollars. The reason why the stock price is half-dead is partly because a large number of investors are short selling on margin and are not optimistic about the company's prospects.

The main reason is that although Fan Wumian is famous, his strength is insufficient.

A few months ago, when there were rumors that Citigroup was likely to acquire Penguin's parent company, Penguin's stock price rose by more than 9% in a single day.

As an Internet company, the strength of the investors behind it will directly affect the confidence of investors.

He said to Pu Jiajing unhappily:

"Sixth Uncle is highly respected. As a junior, I am just visiting him. Video websites like Tudou.com are promising industries. Why would I buy TBV and suffer? If there is a chance, I would like to buy TBV's film library. There is not much point in cooperating with it. When Silicon Valley starts to build video websites, it will be easier to capture the Asian market besides the mainland. Then, maybe I can sell Hong Kong Tudou.com for a high price and focus on developing the mainland market."

Tudou.com is divided into mainland version and international version.

The mainland is being desperately exploited by pirated websites. Although there are many active users, the revenue growth rate is far lower than the user growth rate.

Countless netizens found the dramas they wanted to watch on Tudou, but then turned around and went to other pirated websites to look for resources. They were even more stingy than a miser and could not bring any real value to Fan Wumian in the short term.

The international version of Tudou has so far only achieved a little success among Chinese communities in Hong Kong, Macau, Taiwan, Southeast Asia, Japan, and South Korea, with less than one million active users.

The disadvantage of the international version is that there are too few resources in the film library, and the price of purchasing the online copyright of film and television dramas is too high. Since new dramas cannot keep up and the experience is average, most users will stop paying after paying for a try.

In this regard, Fan Wumian has no better solution unless he spends money like crazy to gain the market.

But in 2006, the strategy of spending money to gain market share would only yield half the result with twice the effort. In addition, he was short of funds, so he chose to take a safe approach for the time being and wait until the time was right in a few years before selling it.

Tudou.com's real opportunity to rise would have to wait at least five years later.

Rather than using the international version of Tudou to compete head-on with streaming platforms like Netflix, HBO+, and Disney+, it seems better to directly invest in Netflix and buy at a bargain price.

Many people don’t know that the former iQiyi, Tencent Video and Youku video websites have also launched international versions, and because they have circumvented the constraints of mainland regulatory agencies, the resources on the platforms are not exactly the same as those in the mainland.

Fan Wumian remembered that their overseas gold-digging trip did not perform well, which prompted him to come up with the idea of ​​operating the international version of Tudou first and then selling it as a package at a good price. It would be easy to lose more than the gain if too much capital was occupied.

When I saw Jane Zhang and others again, I focused my attention on making new songs.

I had lunch in Causeway Bay at noon, and was busy from the afternoon to the evening, sorting out all the new songs for Jane Zhang.

It's almost time to leave.

Fan Wumian asked Jane Zhang:

"I heard something. What's going on between you and your boyfriend? He seems to be a bit of a nobody. He got close to other women while you were working outside. Be careful not to get tricked into causing a sensational scandal. You'd better be cautious now that your career is on the rise."

Zhang Liangying felt her scalp tingling after hearing this and said awkwardly:
"He was married before, but his relationship with his ex-wife was very bad and they are divorced."

As a person who has experienced this, Fan Wumian advised her directly:

"Those thirty-something men have more life experience than you, and they are best at using sweet words to deceive young girls, and then defrauding them of money and sex. With your conditions, you can find any man you want. Even if you fall in love with someone in the same circle, at least there is some value in hype and publicity. Why are you looking for him?"

".He's very nice to me and takes good care of me. If he hadn't been supporting me, I wouldn't have chosen to debut as a singer."

After listening to it, I guessed that this pair of mandarin ducks is a bit difficult to fight.

Fan Wumian simply made up a rumor:
"I'm not asking about his ex-wife. I'm saying that he's driving the Cayenne you gave him and often goes out to pick up girls without telling you. A reporter wanted to report this, but I paid him to stop him. There are only zero and countless cheating times. It's not worth wasting your time on someone like him."

"what?!"

(End of this chapter)