Chapter 488 Strategic Investment

"Director Wu, our Happy Twist Troupe pioneered the concept of New Year's stage plays, and has now developed into a new type of drama troupe that continuously creates high-quality original comedy content.

"And we have established an entertainment and cultural company. This year, we plan to set up Happy Twist subsidiaries in Pengcheng, Shanghai, Tianjin and other places to expand our business scope."

"The comedy "The Earl of Wulong Mountain" starring Xiao Shen is currently touring the country."

"The company has currently launched 12 original stage plays, which have triggered a viewing craze and become a cultural hotspot, creating a "phenomenal" cultural and entertainment consumption habit for drama viewing."

"It can be said that our company's development is very good, the results are very gratifying, the company's account flow is clear, there are no negative assets, and the annual net profit is also very high. ”

As the co-founder and chairman of the company, Zhang Chen started to brag about his own company as soon as he sat down.

It can’t be considered bragging. In the field of mainland comedy drama and stage play pioneered by Happy Twist, Happy Twist has indeed done very well.

Since its inception in 2003, Happy Twist has achieved a net profit of millions a year.

This does not include the salary of the actors and the expenses of the company’s operation.

If only the gross profit is counted, Happy Twist can generate more than 20 million in revenue a year. It can be said that it is a company with very good assets and revenue. If it is willing to open up financing, there are a lot of capitals willing to invest money.

However, Wu Yuan interrupted Zhang Chen’s self-praise with a smile.

“Since Happy Twist is operating so well and it doesn’t seem to be short of money, why do you still want to introduce strategic investment? ”

The reason that Happy Twist asked the teachers from Beijing Film Academy to help with the matchmaking was that they wanted to introduce strategic investment from Light and Shadow Times.

“This.” Zhang Chen hesitated for a moment, but still said directly: “Director Wu, to be honest, our company has decided on the company development plan for the next five to ten years after discussion.”

“That is to explore the cross-screen integrated development model.”

“I would like to hear more about it.” Wu Yuan raised his eyebrows, rested his hands on his chin, and waited quietly for the next words.

Since it has already started, Zhang Chen will naturally not hide it, and explained seriously: “To put it simply, it actually wants to move from offline theaters to online TV series and movie screens.”

“After all, it is no longer the era of drama. No matter how well a drama is performed, the scope of dissemination and radiation is too small.”

“A drama performance has at most two or three hundred audiences. Even if there are hundreds of performances a year, it can only be seen by tens of thousands of people.”

“And through the dissemination channel of television, a comedy show or movie or TV series can easily radiate to tens of millions of people. ”

“Compared with the offline small-scale activities, the online platform is definitely the truly bright future.”

The Happy Twist team was originally formed by a director and a screenwriter.

At first, they didn’t want to make a drama, but a TV series. It was only because of the epidemic that year that the TV series shooting plan was shelved, so they turned to the stage of drama.

Unexpectedly, the drama became better and better. After a few years, it toured all over the country and performed hundreds of times a year.

But as the founders, Yu Kai and Zhang Chen have not forgotten their original intention, which is to make works that can be shown on big and small screens.

This year, they are working hard on the Spring Festival Gala programs of major satellite TV stations. I hope that the comedy of Happy Twist can be performed on the Spring Festival Gala stage and be seen by more people who don't know them.

However, after crossing over from the offline drama stage to the TV station, the Happy Twist team has no connections and resources to rely on.

It is extremely difficult to just want to be on the Spring Festival Gala of a local satellite TV station. In 2011, I worked hard for a whole year, but in the end, no cooperation was achieved.

This year, after the director of the CCTV Spring Festival Gala was changed, I got to know the Happy Twist team that has become famous in Beijing, and it seems that there is a possibility of being on the Spring Festival Gala.

However, after such a setback, Zhang Chen also understood that if he wanted to break the barriers of the industry, he would have to do it. , is not an easy thing.

No matter how good a drama company is, it is extremely difficult to enter the field of TV series and movies.

If it can cooperate with a company that has a deep foundation in the field of TV series and movies and has sufficient network resources, it will be the most suitable way for Happy Twist to transform into the big screen.

This is why we have today's meeting.

Compared with mainland film and television production companies such as Guangguang, Bona, and Huayi, Guangying Times is the most suitable to cooperate with Happy Twist.

Because the boss of Guangying Times is also a creator.

Zhang Chen believes that if you want to rely on them to make achievements in drama It is very difficult to convince the capitalists who are engaged in movies and TV series with the achievements of the company.

But it is very possible to convince Wu Yuan.

Because Wu Yuan himself is a very good screenwriter, he knows very well how good a team Kaixin Mahua is that can make a name for itself in the field of drama.

Kaixin Mahua can only avoid wasting its money by cooperating with Guangying Times.

In fact, Zhang Chen's choice is very correct.

After listening to his explanation, Wu Yuan nodded in agreement: "The future does belong to the film and television industry. Although drama will still exist, it is undoubtedly a sunset industry."

"How many viewers watch TV series and movies in the country?"

"How many of them have the habit of watching drama?"

"To be honest, I personally like drama very much, and I understand how difficult it is to make a good drama. I also respect and admire the individuals and teams who can still calm down and make drama now."

"But the business environment is indeed abandoning drama."

"Mr. Zhang has this vision and wants to transform into film and television early on. It is indeed a correct choice."

"With a founder like you who has a great vision leading Happy Twist, I believe Happy Twist will be more successful in the future."

"Light and Shadow Times is of course willing to cooperate with such an excellent drama team."

"Since I asked you out today, I want to discuss this cooperation in depth."

"I don't know how many shares Mr. Zhang is willing to give up, and what Light and Shadow Times needs to pay? ”

Finally, they came to the most important topic. Zhang Chen was shocked and stopped beating around the bush with Wu Yuan. He held up three fingers and said, "30%!"

"Our founding team is willing to sell 30% of the shares, and we can sign a contract to give Guangying Times a clause to increase the proportion of the company's financing."

"As long as Guangying Times is willing, the shares can never be diluted."

"As for our requirements, we naturally hope that Guangying Times can open up the resources for making movies and TV series to us and help us open up channels."

"In fact, we have already made a movie script, but we lack experience in making movies and have no foundation in publicity and distribution."

"Oh?" Wu Yuan was interested. Could it be that the script of "Charlotte's Troubles" was born so early?

"What movie? Is it convenient to talk about it?" He asked with interest.