Youmi Cinemas has always been in the top ten in the ranking of film and television investment companies, although there are only 25 cinemas.

But it is not inferior to the general film investment company composed of hundreds of theaters, and the single store output of Youmi Cinema Line is one and the top five of them.

Inject Youmi Cinemas to the most beneficial to Vientiane Group, especially Vientiane Films.

The annual film schedule alone is enough to make Vientiane movies happy for a while.

At the same time, the headache is to become a company that releases movies at the same time as Vientiane Group, and this proportion of films alone can make them retreat.

One billion funds sounds like a lot, but it is not much to really invest in Youmi Cinemas.

Shen Lang listened to Lu Yao's report, and basically the upfront investment price of investing in a five-star theater like Youmi Cinema Line means that it will be close to 30 million if you don't count the rent.

Therefore, Wu Siyuan chose to build only about three new ones every year, so as to avoid the pressure of investment profitability caused by excessive debt.

Many theaters are blindly expanding, resulting in a capital collapse, and Youmi Cinemas does control this very well.

Generally speaking, movie box office earnings are divided into three parts.

The producer, distributor and theater each choose one, and the theater can get a share of 50% of the box office revenue.

On this basis, the film fund will divide 5% of the box office, and then deduct taxes and management fees handed over to the theater chain, and the final income of the theater is about 40%.

That's why Shen Lang asked Lu Yao to contact the contemporary Oriental that has the magic capital Hongge Cinema.

Without a license, he has been restricted by people, cannot be copied, cannot be arranged, and is completely led away.

After paying depreciation, utilities, personnel expenses, renovation and renovation, etc.

If the ground rent is paid according to the rent ratio of 20% of the box office, its operating pressure can be imagined.

Unlike those theaters with poor attendance, there is basically a theater that closes every day.

Youmi Cinema Line is fighting for the output of a single store, and basically the box office income of a single store is at the level of 30 million.

If you take into account that the non-box office revenue has been around 10 million, in fact, the pre-tax net income of Youmi Cinemas is about 15 million.

Investing in three cinemas every year, you can also get a lot of money, and Youmi Cinema Line has also gained a reputation.

Even Shen Lang had to admit that Wu Siyuan really had a good calculation.

Shen Lang invested one billion yuan, in addition to the acquisition of Huacai World of Contemporary Oriental Holdings, it is estimated that the remaining 700 million or so funds will barely be able to build 25 cinemas at one time.

But it has doubled, plus Youmi Cinemas is still maintaining profitable cinema revenue.

There is still hope for quadrupling to 100 cinemas in two years, of course, this is backed by Shen Lang, a boss who is not bad for money.

If Wu Siyuan is still in control of Youmi Cinemas, he will definitely have to continue to follow the old path of careful planning.

Zhao Ruoxue finally came to the magic capital, and she was not idle at all.

Except for the occasional meal with Shen Lang, I've basically been busy seeing this and that.

Shen Lang could only comfort the capable to work harder, and Baidu's overtures to the microcosm immediately paid attention to it.

Directly sent senior vice president Xiang Long to personally go out.

Xiang Long is mainly responsible for the construction and sales operation of commercial monetization products and Baidu alliance at Baidu.

The products of Microcosm Douyin have always been concerned by Xiang Long, and he personally received the order for this.

Baidu has transformed into the field of search and artificial intelligence in the past two years, but it still has not neglected the social field.

It's just that Weibo is occupied by Ahri, and it is impossible for penguins to let Baidu join.

Now that Douyin has thrown an olive branch, Baidu will miss it?

……

Micro World Headquarters, now the Micro World Business Group is mainly divided into Micro Selection, Micro Cloud Music and Douyin.

But Shen Lang is already thinking about making a micro mansion in the future, and micro cloud music and Douyin have the potential to be super unicorns.

Even Micro Selection has become a unicorn company, and Ye Zixi's ability to perform during this time has also been recognized by Chen Yun.

At first, Chen Yun was really worried that Shen Lang was too child's play, but later found that Ye Zixi's growth rate was quite fast.

Now I have a relationship with the staff of the Micro Select Department.

Inside Micro Selection, all the employees were impressed by the young girl.

Baidu has a young man who became a senior vice president at the age of 27, why can't there be micro selection?

Chen Yun could only sigh with emotion, Shen Lang's eyes were really vicious, and he could see Ye Zixi's potential at a glance.

When Xiang Long arrived, the microcosm also showed sincerity, and all the high-level officials, including Chen Yun, attended to welcome Xiang Long and the others.

Xiang Long has heard of Chen Yun's reputation: "Thank you Mr. Chen and the senior management of your company for your welcome. ”

"Be polite to the president, let's go in and say. ”

Chen Yun shook hands with Xiang Long and led Xiang Long to take a brief tour of the microcosm.

The internal structure of the microcosm, Chen Yun just briefly explained two sentences, and today's center is Douyin.

Zhao Ruoxue and Chen Yun worked together when they were in the United States, and later Chen Yun came to Feixiang Technology to apply for a job, and Zhao Ruoxue contacted her.

Chen Yun's eyes when she looked at Zhao Ruoxue were always a little weak, but fortunately, Chen Yun covered it up better, but Zhao Ruoxue didn't find it.

Xiang Long took a brief tour, and after walking through the form, he followed Chen Yun to the conference room.

"This time, Mr. Li specially instructed me to reach a cooperation with the microcosm, and we Baidu will provide search resources for Douyin. ”

Chen Yun and Zhao Ruoxue glanced at each other, and Chen Yun said: "As for resources, it's easy to say, the reason why we are introducing Baidu now and giving up penguins must be able to understand Xiang Zong." ”

"Understood, understood. Xiang Long smiled and nodded.

It's very simple, Baidu doesn't have a social platform, so Micro World plans to give up Penguin, an old partner.

Chen Yun didn't know, but Zhao Ruoxue knew Shen Lang's deeper purpose, and the step that Microcloud Music was taking now was to succeed.

Penguins will definitely not give up, and it is very likely to tear up the contract, so now Microcosm has decided to completely divide the line with penguins!

Xiang Long's side was overjoyed to be able to enter Douyin, and he didn't pay so much attention to more information.

Now Douyin's daily active users have steadily grown to 40 million, and it is already one of the hottest platforms in the field of short videos.

It also relies on cool, trendy and other labels to distinguish it from slow-handed short videos, and there is no way to take Douyin slowly.

Sometimes once the label is attached, it can never be torn off, and it is difficult to take off the label such as vulgar in slow hand short videos.

Xiang Long also directly expressed his sincerity: "Mr. Chen, we have had an internal board meeting, and Mr. Li made it clear that the valuation of Douyin will be priced by you!"

"Two billion dollars, you take the shares in the hands of Penguin and become one of our shareholders. Chen Yun said softly.

In fact, Baidu is making money by investing in shares at this time, and it is the kind that makes a lot of money.

It is easy for Douyin's valuation to reach tens of billions of dollars in the future, and Baidu also knows this, and agrees to Chen Yun's offer without hesitation.

As for the penguins, Chen Zhijian could only reluctantly accept this fact after expressing his dissatisfaction many times.

Although the penguin also made tens of millions of dollars as soon as it changed hands, it was not a little worse than the return obtained by persevering to the end!

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