Just as the outside world was predicting whether “beautiful fate”’s final box office could break 1 billion and whether Zhao Xiaolu could become Tianxing Entertainment’s second 1-billion-director, Tianxing Entertainment’s Film and Television Department was utterly silent.
This was because the Film and Television Department had previously directly rejected this project, believing that such a script would not attract many viewers.
That’s right, they thought so.
The result was, they were proven wrong.
And thoroughly so.
In fact, before the movie was released, many of them were secretly wondering what kind of expression Su Yu would have if the movie flopped at the box office.
But, they couldn't see it anymore.
At the beginning of this March, Tianxing Entertainment blossomed in both music and film.
Su Yu was promoted to Ace Composer, Zhang Xiaohan’s new album sold out, and now the company’s small-budget new movie has broken the domestic romance film box office record.
These major events, one after another, all demonstrate the terrifying strength of Tianxing Entertainment.
And Tianxing Entertainment’s stock has been soaring since March, with its market value already approaching 200 billion chinese yuan.
This made other entertainment companies and capitalists extremely jealous, but they had no good solution.
Tianxing Entertainment’s rise and development speed in the past six months has been too fast; before they could even react, it had already become a true giant among chinese partners.
Moreover, Tianxing Entertainment now seems to be monopolizing things; the music aspect is one thing, there’s not much to say about that.
But in terms of film investment, it’s all self-funded, not involving outside capital or entertainment companies at all.
If Tianxing Entertainment lost money, they would only gloat, but both of their released movies were huge hits, alright.
This made them extremely displeased.
So many capitalists began to contact each other, wanting to trip up Tianxing Entertainment in some matters.
However, neither the official side nor the cinema side could be swayed; Tianxing Entertainment’s connections with the official side were even stronger than they imagined.
And what the cinemas wanted was to make money; they wished Tianxing Entertainment could produce more blockbusters.
As for the entertainment company side, Tianxing Entertainment is now strong, lacking nothing in singers, actors, directors, and content.
At this moment, Tianxing Entertainment seems to have no weaknesses.
If Tianxing Entertainment expands its layout in cinemas further, then this entertainment company will truly be free from any constraints.
Since tripping them up and striking them down failed, some capitalists began to consider whether they could invest in Tianxing Entertainment.
Now that Tianxing Entertainment is involved in cinemas, animation, and special effects, it should be lacking funds, right?
And they don’t like to cut leeks in the stock market; Tianxing Entertainment’s shareholders should also have a desire for money.
Han Jianhua, Li Xing, and Wang Tianfeng are difficult to deal with, but other shareholders do have weaknesses.
These capitalists don't ask for much; they just want to get involved.
After getting involved, they can talk more; it's better than just watching from the outside now, right?
On the 10th, three small shareholders of Tianxing Entertainment were persuaded and finally decided to sell their shares in Tianxing Entertainment.
However, their desire to sell shares was not so arbitrary; it had to go through the board of directors.
If the many shareholders of the board of directors wanted to absorb the shares internally, there would be no business for outsiders.
When Su Yu heard this news, he attended a shareholders' meeting for the first time.
The shares held by the three shareholders who wanted to sell their shares for cash amounted to less than 5% combined.
Han Jianhua and the others meant that the other shareholders would directly divide these shares according to market value.
As for letting outside capital in? Han Jianhua and the others had not considered it.
Unless one day Tianxing Entertainment truly needed a large amount of capital for turnover, such a thing would not happen.
In Han Jianhua and Wang Tianfeng's view, Su Yu should have a lot of liquid funds in hand now, so they hoped Su Yu could take more shares this time.
Su Yu indeed had a lot of funds; the music share alone in February was an astronomical figure.
The bonus from the Spring Festival Gala and Andy Lau’s new album were no joke.
So this time, Su Yu took out 6 billion chinese yuan in one go and acquired 3% of Tianxing Entertainment’s shares.
The remaining less than 2% was bought back by Han Jianhua and the others.
And after this time, Su Yu’s shares in Tianxing Entertainment also increased to 5%.
Previously, 2% was given to him for free by Tianxing Entertainment, at which time Tianxing Entertainment’s market value was only over 50 billion chinese yuan.
Who would have thought that it had only been so long, and it had quadrupled?
However, the departure of the three small shareholders also made the remaining shareholders of Tianxing Entertainment more united.
And the shareholders were all stunned by Su Yu’s grand gesture of taking out 6 billion in one go.
Is being a composer that profitable? How long has Su Yu been in the industry to have such wealth?
However, after this time, Su Yu’s net worth should be at the bottom, right?
But then they thought of the best-selling “beautiful fate” and Zhang Xiaohan’s new album, which had already sold over 30 million copies in ten days online.
Such thoughts were then retracted by them.
That’s right, just before today’s meeting, Zhang Xiaohan’s new album had already sold over 30 million copies.
Such a result was something no one had dared to imagine before.
However, after ten days online, the sales growth has become extremely slow.
And thirty million, perhaps, is the current limit.
The profits from Zhang Xiaohan’s thirty million copies were actually not as high as the profits from the new albums of Su Yu, Han Jiangxue, and others previously.
After all, the unit price was half different, unless it sold over 40 million copies.
But 40 million copies? No one dared to dream of such an astronomical figure.
And Zhang Xiaohan’s sales record of thirty million copies, in many people’s eyes, should not be considered as surpassing Andy Lau’s record.
Some people have even called for raising the standard for promotion to music king and queen to 20 million copies sold.
In response, the Arts Association is also holding an emergency meeting to discuss it.
Su Yu heard from Han Jiangxue that new regulations and standards might be released soon.
On the night of the 10th, Su Yu, who had spent the cold 6 billion, felt a sense of emptiness.
However, he knew that he had actually made a profit.
Because Tianxing Entertainment’s stock price would not stop there.
Just as Su Yu and Han Jiangxue were watching the finished cut of “chinese partners,” his phone rang.
The caller was Qian Jin, the gold-medal variety show director of Jinling TV, whom Su Yu had forgotten about.
“Teacher Su Yu, how is your movie filming going? I heard it’s already wrapped up; is the post-production done?”
Qian Jin was as polite as ever, immediately asking Su Yu about the movie.
But Su Yu knew that this guy was here to urge him to work overtime!
It seemed that Qian Jin and Jinling TV had been paying attention to his movements; his movie had just been submitted for review today, and Jinling TV had already called.
“It’s already submitted for review, Director Qian. How are your variety shows preparing?” Su Yu did not deny it.
In fact, even if Qian Jin hadn’t called him, he had planned to contact the other party proactively tomorrow.
“It’s already almost ready! And this variety show is highly valued by the higher-ups, who hope we can make it a form of Sino-foreign music exchange and competition! So now it’s a stage for composers and musicians from Four Nations: China, the United States, Japan, and South Korea, to compete!”
