Chapter 120 Half a year's work, bundled interests
After releasing the 'warm spring breeze', Lin Yi began to read the work report. Before leaving Hong Kong, Dream Culture Communication Company was given carte blanche to Qiao Anbang.
Gao Fei Fiction Studio, Mo Yang Comic Studio, and Qiao's Publishing House are currently under his direction.
Goofy Studio, going to the university entrance examination, going to the United States to the United States, has been dissolved. The person who helped Lin Yi write a book full-time now only has Ferran's girlfriend!
As Jenny's fame continues to rise, the wage system is certainly not suitable. And commissioning creation, and then buying out the copyright, I'm afraid it won't last long. Eventually, it's still about royalty sharing.
The level is sufficient, and there are not many people that Lin Yi can trust. Fisher and Qiao Yonglan are very suitable, but before their senior year, classes will be very busy, and they can't find time to write novels.
So Goofy Studio, for the time being, can only be settled.
"Rogue High Flying", "Rogue High Flying", as well as the creation of follow-up novels, with an income of more than 3 million in half a year. In the current Chinese-speaking market, only the palm is big, and it would be nice to have these! Sixty percent of the profits still come from 'pocket books'.
"Students, on the hard road of study, I have dragged you back again!" Lin Yi apologized in his heart, and continued to do what he wanted.
The advent of the pan-entertainment era will not be transferred by anyone's will. Parents can't do it, the education department can't do it, of course he can't stop it, so just close your eyes and enjoy it!
Cheng Moyang's comic studio is already quite large. A few months ago, the studio expanded a lot thanks to the simultaneous adaptation of City Hunter.
Although the expenses have increased dramatically, the number of people is strong, and the quantity and quality of comics produced per unit time are very guaranteed.
The large number is to meet the needs of 'urging', which is a guarantee of the popularity of the work. And the quality is excellent, the vitality of the work can last for a long time.
Quantity and quality are inherently contradictory. However, Lin Yi is open, and he has invested a lot of money to create a huge creative team, of course, you can have the best of both worlds!
The comic studio is now affiliated with the publishing house. Therefore, almost every income, Qiao Anbang can give a detailed explanation.
Although Lin Yi kept nodding his head, he focused on the summary: magazine remuneration, single book, foreign language copyright, and the total income in half a year was about 5 million.
On the side of Qiao's Publishing House, Lin Yi's first concern is, of course, the magazine "Boys and Girls", after all, he personally planned it. And the result also made him overjoyed.
After nearly a year of hard work, it has sold more than 300,000 copies in a single issue and has become a star magazine in the Chinese-speaking circle. Manufacturers of student consumer goods, that's a real surge. Advertising revenue, rolling up, created a net profit of 1 million in half a year.
Running a newspaper or magazine is not profitable in itself. Just like free-to-air TV shows, it's all backed up by advertising revenue. Sales and the number of viewers are their confidence.
Seeing the success of this teen magazine, Joan Bang was deeply touched. A 41-year-old man even has a sense of admiration for the 21-year-old young man in front of him!
Knowing that Lin Yi likes to analyze and doesn't like to listen to flattery, Lao Qiao restrained his feelings and concluded rationally: "This magazine, across Hong Kong, Taiwan, and Singapore, although it is all Chinese-speaking circles, it has a lot of exotic customs, which is very attractive to children. β
And, as the boss said, times are really accelerating. Students prefer semi-monthly magazines to monthly magazines, and advertisers do the same. β
"Half of the boys' attraction is mostly in the "Rogue Magazine" comic book serial. Urban martial arts is created by the boss, so I don't need to elaborate. β
"As for the girl's half," Qiao Anbang stopped, like a young man, and gave Lin Yi two thumbs up!
"Asking Ms. Qiong Yao for a manuscript, the boss's request is too prescient! I really didn't expect that even her works many years ago are still very popular with girls!"
Lin Yi just smiled lightly, and at the same time, in his heart, silently lit a wax for those naΓ―ve girls - the better the love fantasy, the more unfortunate the future life. If there is no comparison, there is no harm!
As Hong Kong's economy heats up, advertising revenue rebounds sharply and soon reaches 1 million, surpassing the pre-oil oil level.
In the past six months, the total income of Hong Kong has exceeded 10 million. Lin Yi is just more satisfied, who let the unit be Hong Kong dollars! Converted into US dollars, but only 2 million.
Asia Paradise Games Co., Ltd., the first month of operation of the Singapore branch, the revenue has exceeded this number. Therefore, Lin Yi's appetite has already been raised.
The publishing house's original one-newspaper and two-issue total profit in the past year has reached 1 million. This figure is equal to the original investment amount, which is equivalent to Lin Yi recovering the cost in just one year.
The University of Hong Kong and Stanford University, in the past six months, have made him understand a lot of financial knowledge.
Usually, the market value of a company is not measured by how many assets it has, but by its profitability.
If Qiao's Publishing House has an average annual profit of 1 million, then the value of the company should be 10 million according to the ten-fold price-earnings ratio. Buying it at this figure can be expected to pay for itself in ten years.
And last summer, when Lin Yi first arrived in Hong Kong, it happened to be an economic trough. The publishing house was not profitable, and Qiao Anbang was anxious to save people with money, so he could only sell it with tears.
Lao Qiao sold his business at a tenth price, but felt that he had received Lin Yi's favor. has been working hard for more than a year, making him a little embarrassed to be the boss!
"I said Old Joe, I'll discuss something with you. For a game company in the United States, I got an equity incentive. Employees who have made outstanding contributions can receive stock awards. β
Hearing these exciting words, Qiao Anbang did not react, as if he was not stimulated in any way.
Lin Yi waved the financial report and continued to sing a one-man show: "Look at our side, do we have a similar system." Especially you, who have worked hard, in the half year that I have been away, how can you take 10% for running the company so well?"
Qiao Anbang hurriedly shook his head: "I've heard of equity incentives, and they were made by Americans. However, as far as I know, even in the country of origin, it is only practiced by high-tech companies. β
"Other ordinary industries don't have this system, so I can't take this stock. If everyone has this reward, you have to manage a technology company, and I am afraid it will not be easy in the future!"
"Old Qiao, I think so: 10% of the shares of the publishing house will be sold to you at the original transaction price of 100,000 Hong Kong dollars!"
"No, you don't have to say it anymore! This is not my way of doing things. β
Lin Yi said this not to test loyalty. But repaying virtue with virtue is only a secondary reason.
The United States is a business kingdom, he has been in the business world for half a year, and he already has a considerable understanding of the modern enterprise system. The boss is the owner of the company, while the manager is a team of professional managers. But the interests of the two are often not the same.
It's not uncommon for managers to work on their hands. Even if they abide by professional ethics, professional managers often beggar-thy-neighbor. It is common to disregard the interests of the enterprise as a whole for the sake of the small interests of the department.
If Lin Yi wants to continue to forge ahead, this modern enterprise system must continue to be used.
However, in the management training, Boss Lin learned a trick. Linking the interests of the managerial team with the overall interests of the company. Middle- and low-level managers are linked to salaries and bonuses, while those senior managers have to be tied up with shares.
A community linked by interests is a stable community, which is an important lesson for Lin Yi in that business kingdom.