Chapter 222: Backgammon Media Group
Hanging up Shen Lanpeng's phone, Chu Qing went out and took Yang Qiushan to work at BBK's headquarters.
In the past two months, the staff of the head office can see their chairman almost every day.
And often busy in the company until late and still working overtime. This made a group of employees in the head office feel very strange.
The chairman of the company is notoriously not fond of work, according to some of the old employees who were in the era of backgammon.
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It is the first time in history that the chairman of the board of directors has gone to work so regularly. But the effect is also immediate, and in two months, Chu Qing basically sorted out the company from top to bottom.
Today's backgammon has become bigger and bigger, and it is impossible to change the entire structure like the previous two times.
Now is a critical period for the development of backgammon, and Chu Qing doesn't dare to really rectify it so roughly. Today, when he went up to the twenty-fifth floor, Chu Qing did not advance to the headquarters of BBK, but turned around and went directly to the opposite BBK Media.
"Chairman, this is today's work arrangement." As soon as he entered, Tan Jiaodi, who was wearing a professional skirt, was already waiting there with a thick stack of documents.
And immediately handed over a worksheet.
"Hmmm! Have you all arrived? After taking the report, Chu Qing didn't stop, turned around and walked directly in the direction of the conference room.
"It's all here, and the meeting will officially start when you get there." Brother Tan Jiao took two quick steps and kept up with Chu Qing.
"Give me the data." Glancing at the list of participants, Chu Qing handed back the worksheet and took a thick business information.
This is the detailed data of the media company in the past two years, and the key position Tan Jiaodi has circled it with a red pen in advance.
Nowadays, the media company has become bigger and bigger, and last year's revenue reached 600 million, and the net profit was 220 million.
Now the media company is divided into three sections, the first is records. There are a total of three labels in the backgammon, namely the mainland's backgammon music, bent Xinge, and this year also acquired a record company in Xiangjiang, Huajing.
Huajing originally belonged to wireless, and in the heyday of the Xiangjiang record industry, she also had many big names such as Principal Tan, elder brother, Sister Mei, and Aaron Kwok.
It's just that it has the same problem as Xinge, it can't keep people. Any newcomer who grows up in Huajing will choose to leave.
In the mid-90s, except for Sister Mei, the other front-line companies have basically turned to other families. Even Sammi Zheng, who was only launched the year before last, chose to change jobs just after becoming popular.
What's more, with Chu Qing's butterfly wings, Aaron Kwok has not been able to catch up with the Four Heavenly Kings. This makes the already difficult Huajing Records even more difficult.
Now in addition to holding some music copyrights in her early years, Sister Mei is still struggling to support the façade.
If there is no acquisition by Chu Qing, Sister Mei will also leave next year, and then Huajing will be sold to the South China Morning Post Group at a very low price.
So when BBK acquired it, it only took less than 30 million to pocket such a once-brilliant record label in the Xiangjiang music scene.
The second is a variety show created in five years. "The Voice of China", "Comedy Competition", "Billboard" and "The Same Song", except for the comedy contest, which has a slightly smaller impact, the others are basically the hot head variety shows in China.
In five years, "The Voice of China" has become a shining golden signboard. This year's program qualifiers began in June, and the selection scope has been directly expanded to the world.
It is a variety show for Chinese people around the world. Entertainment is all about it.
The ensuing impact is that BBK's "Music Billboard" is getting bigger and bigger. There is a faint momentum of the No. 1 music awards ceremony in the mainland.
This year, more than 500 celebrities from across the Taiwan Strait and three places participated in the event, which can be said to be unprecedented.
And basically half of this year's top ten Chinese are singers under BBK. Ren Xianqi even won the title of new rookie king this year.
After all, there are not many people who can sell 15 million on their debut, and he can be regarded as setting a benchmark for latecomers.
As for "The Same Song", it is the best platform for backgammon to prepare for its artists to go legally.
In this era, it is not safe for artists to perform in caves, and there are CCTV and local platforms, which not only ensure the safety of artists, but also improve their qualifications.
Although the money is much lower than that of taking on commercial performances by himself, it is better than a safe one. Several sessions of The Voice have output nearly 100 signed artists to BBK.
Not to mention the two labels of Wanwan and Xiangjiang, those small roles in their hands. It's not realistic to rely on albums to make a living, and the law of 28 exists in any industry.
With such a platform, at least they can have no worries about food and clothing. Moreover, every time it is broadcast on CCTV, their popularity exposure can increase once.
Even with an album, you can sell more. Maybe one day if you take shit luck, you will suddenly become popular, and the artist industry is often inexplicably popular.
The third is the two production plants. In fact, this is the most profitable in the hands of the media. A cassette production plant, a DVD, VCD disc production plant.
It can be called two never-ending money printing machines from backgammon. The reason why the media group can make such a high profit is all driven by these two factories.
The mid-nineties itself was when cassettes and discs began to gain traction. Just entered 1995, and BBK's record sales ushered in a wave of explosive growth.
This year, the two factories have expanded their production twice in a row. The cassette factory has been able to ship 500,000 boxes per day.
The production capacity is more than doubled. As for the disc factory, because the standard of DVD wins, it is also on the basis of the original, and several new production lines have been added.
According to Huang Bin, the direct head of the two factories, this year's shipments will triple that of last year.
As for the last "Computer Weekly", it is the most inconspicuous in the whole company. But the influence is now the greatest.
At present, the shipment of each issue of Computer Weekly has stabilized at 400,000 copies. This amount can be regarded as very powerful in this era of newspapers and periodicals.
And with the greater influence of BBK, the number of shipments of Computer Weekly is still steadily rising.
As the only mouthpiece of the group, Computer Weekly does not make much money, but its importance is not small at all.
After four years of operation, BBK Media has grown into a towering tree unconsciously. Every year, a large amount of funds are continuously delivered to the group.
Before the launch of PHS, most of the funding sources of the group's R&D center basically came from media companies.
This is also the reason why Chu Qing must carry out reforms. Such a mode of operation is very unhealthy for backgammon, and has even brought hidden dangers to backgammon.
At the beginning, when the group was still very weak, everyone supported each other and developed together, and they didn't care about these small details.
But when one side earns more and more and has more influence, the balance will start to tilt. After all, no matter who it is, they don't want the money they make to help other projects fill holes for no reason.
Even in the same company, it's not the same boss. Fortunately, after four years of hard work, the science and technology industry has also supported a PHS.
Several other projects have also progressed, and in the future, both Xbox and DVD can begin to take over the position of this hematopoietic.
Even without the blood transfusion of the media, they can develop smoothly on their own. This is also the reason why Chu Qing dared to directly separate it and become independent.
Now that it is independent, it can be regarded as a smooth transition within the group. As for the newly built headquarters building in Beijing, this time it was directly marked with the name of BBK Media, which can be regarded as a little compensation from the group to the media company.
After a hurried glance at the data in his hand, Chu Qing pushed open the door of the conference room.
"Whoa!" As soon as the two entered, a group of media company executives who had been waiting in the conference room for a long time immediately stood up and applauded to welcome Chu Qing's arrival.
"Everyone is here, so I won't say polite words, let's start the meeting now." When the applause was almost over, Chu Qing waved his hand, sat directly above the conference table, glanced at the more than twenty executives in the audience, and signaled to start.
"The first thing in today's meeting is the issue of company restructuring." Chu Qing didn't talk nonsense, and went straight to the point when he came up.
Hearing this news, the executives present were not surprised, and Chu Qing basically made corresponding adjustments to each department in the past two months.
Today, we came to the media to hold this meeting, and everyone is also prepared. Judging from the previous changes, this is also a good thing for today's media.
After all, today's media structure is still a bit too fragmented.
"After the resolution of the company's board of directors, BBK Media will be independent and reorganized into BBK Media Group." It's just that as soon as Chu Qing opened his mouth, the words he said surprised everyone.
They didn't expect the group to be so decisive, and it was actually a separate reorganization, rather than a simple position adjustment.
For a while, everyone present couldn't help but show a look of surprise. BBK Group, now has a total of 5 seats on the board of directors.
Four individual directors and one management director. As the founder of BBK, Chu Qing owns 76% of the company's personal shares.
Wei Ling gave her ten percent at the beginning of Chu Qing, and after several equity incentives for group executives, now only 7 percent of the shares in her hands are left, but even so, the shares of the two of them in BBK are still as high as 83 percent, and they are the absolute controllers of BBK.
In addition to the two of them, the one who owns the most personal shares is Duan Yongping. Because of several equity incentives, he has received 3.6 percent of BBK's personal shares, and another 1.5 percent personal option award will expire at the end of 1996.
At that time, he will become the third largest individual shareholder of BBK with 5.1% of his personal shares.
Another individual director with voting rights is Ke Shaoan. In fact, he does not have many shares in the company, and it is only 0.7 percent in four years.
Under normal circumstances, his shares are not eligible to be on the board of directors. But because of his special status, Chu Qing gave him a seat on the board of directors at the beginning.
This can also be regarded as a special treatment for him in backgammon. This is also why, in the past few years, no matter how high the backgammon, Ke Shaoan has put his position very positively.
He knew everything about himself, in Chu Qing's thoughts. As for the other shareholder seat, it is for the group's management team, for which Chu Qing also set up a BBK Investment Holding Co., Ltd.
Used to hold this part of the shares, the current director seat agent is Qiu Zheng. This part accounts for 8.9% of the shares.
Nowadays, BBK's equity is divided into three categories. The first type is the real stocks with voting rights like Chu Qing and Duan Yongping.
The second type is the position option stock of the management, which is changed with the position and enjoys the company's dividends every year.
It is held by the investment management company, and the voting rights are also jointly determined by the investment management company. In the third year, it is the virtual shares of employees, which only have the right to dividends and no actual voting rights.
Of course, Qiu Zheng, Wang Kangping, and Lu Ming, each of whom also has a few percent of personal equity.
It's just that they didn't meet the criteria for entering the board, so they weren't pulled into the board.
"After the reorganization of the media group, the media building in Beijing will be completed next year and the collective relocation will be carried out." When the people present calmed down a little, Chu Qing announced another news.
Only this time, some of the people present were happy, some were entangled, and some were depressed. The media company has been in Shenzhen for four years, and many people have settled down here, and this time the overall relocation to the capital is indeed difficult for some people to give up.
But for the overall development of BBK, it is more advantageous to do media in Beijing. After all, media is not like the tech industry.
The resources of the capital are more conducive to subsequent development.
"In addition, after the reorganization, the position of BBK Media will also be readjusted." Chu Qing didn't look at the expressions of the people below, in the face of the company's development, everything about the individual is a trivial matter.
These management aspects of the media are not as easily replaceable as other departments. With today's BBK Media, except for the head artist, other people can basically move.
After all, these things don't need to be too technical. BBK also has a complete set of promotion mechanism, and no one can replace a simple management position.
Besides, after the reorganization, Chu Qing will also rearrange some people in the media. In the future, media companies are going to go global, so they need some international vision to fill the shortcomings of management.
"First of all, copyright, which will be all separated, and a professional copyright database will be established after the reorganization. Liu Xin is in charge. Saying this, Chu Qing looked at Liu Xin on the side, she has been in charge of "Computer Weekly" in the media group.
The achievements in recent years have also been very outstanding. The cooperation with the propaganda department has also been quite good on several occasions.
With the relationship between him and Duan Yongping, and the copyright was handed over to her to manage, Chu Qing was very relieved. In a few years, BBK has mastered a large number of music, film and television copyrights through acquisition and distribution.
Among them is the copyright that Chu Qing bought from Hong Kong and Taiwan film and television companies at an ultra-low price a few years ago. For the purchase of Xiangjiang film and television copyrights, Chu Qing has not stopped for a moment, even if the price of the new copyrights in the past two years has been much more expensive, he still has it in his pocket.
After all, this is the last glory of the Hong Kong film industry. Now it's basically under the name of a media company.,Now it's all independent.,It's also because of the MP3 business in the United States.,Remind him。
Copyright issues should not be underestimated. Even if it's not worth much now, in more than ten years, these will be a lot of wealth.
To this end, Chu Qing also set up a copyright legal team, which can be regarded as a rainy day.
Liu Xin was promoted to vice president of the media group. Before the people below could react, Chu Qing added another sentence.
Hearing this news, many people were surprised. However, Chu Qing did not stop and continued.
"Records and two production plants, as well as a variety show production center, are integrated into BBK Entertainment. Liu Hong is in charge. Promoted to vice president of group entertainment, "Liu Hong was promoted from within the record company after Bi Xiaoshi was promoted to media CEO.
He studied media in college and graduated from Beijing Broadcasting Institute, the predecessor of the later Communication University.
After succeeding Bi Xiaoshi, for more than a year, he also managed the record company in an orderly manner, and the acquisition of Huajing was proposed and operated by him.
At this point, his vision and ability to do things are much stronger than Bi Xiaoshi. It is also convenient to integrate the record company and the production plant thoroughly.
As for Huang Bin, the original director of the production plant, he still did not move in his old position. It's not that Chu Qing doesn't want to promote him, it's just that his personal ability is limited, and being a factory director is already the limit.
For Chu Qing's choice, no one present was surprised. Although Liu Hong is not very old, his strength is indeed obvious to all.
In addition to these two main departments, Chu Qing has successively announced candidates for the management of personnel, finance, publicity and legal affairs.
It's just that, in the end, everyone found a problem. As the CEO of the media, Bi Xiaoshi has never made arrangements.
This made many people at the bottom frequently look at him.
"After the reorganization, the media group will form a board of directors. Bi Xiaoshi continues to serve as CEO and has full authority to handle the follow-up structural issues. With the expansion of the media group, Bi Xiaoshi's ability is indeed somewhat lacking.
It's just that Chu Qing has no plans to move him at the moment. He has done a good job in the media in the past few years. It belongs to the more than enough to keep and the lack of progress.
If the media has reached a peak, there is no problem with his steady character.
It's just that at present, it is the time for the media to march forward, and it is necessary to change a more capable person at the helm, so that the big ship of the media can go faster.
Today's step-by-step masters have multiple advantages such as copyright, terminals, talents, and channels. As long as it is developed properly, it is fully capable of building a genuine media empire.
It can even change the later piracy habits in China and take the lead in making the market genuine. Even if you can't get the copyright system in advance, you can still get a Chinese Netflix.
But in the past few years, Bi Xiaoshi has basically completely followed the line formulated by Chu Qing at the beginning, and the current achievements are basically the achievements left by Chu Qing when he was in charge.
It's just that changing people is not something that can be rushed. For the helmsman of this media, Chu Qing has to take it slowly.
So he didn't let Bi Xiaoshi move for the time being, but today's series of arrangements also gave him a wake-up call.
It's only a matter of time before someone else replaces.