Chapter 319: 4 Billion Valuation
The next day, May 17, the second part of Meng Wen's new book "The Peerless Double Pride" broke the sales record of 130,000 copies set on the first day, and sold 150,000 copies in one day, becoming the highest daily sales in Meng Wen's personal history.
On the third day, May 18, "The Peerless Twins" sold 140,000 copies, down from the previous day's sales.
On the fourth day, May 19, the sales of "The Peerless Twins" began to pick up again, selling 150,000 copies, which was only a little less than 600 copies of the next day.
It was on this day that the fourth episode of Meng Wen's new drama "Diao Silk Man" was officially released on the Tiantiankan website, and the ending song of the third episode "Because of Love" sung by Meng Wen and Liu Qian was also released on Crooked Dog at the same time.
This time, Liu Baifang, editor-in-chief of Crooked Dog Music, was not embarrassed by the ranking of the recommended list, and naturally ranked Meng Wen and Liu Qian's "Because of Love" in the first place, and the rest were Liu Qian's "In My Singing" and Han Jing's "Qinghai-Tibet Plateau". And Meng Wen's "Little Cabbage" can be regarded as completely falling out of the top three on the recommendation list.
So far, nine of the ten homepage recommendation places have been taken up by the songs written by Meng Wen, and only one tenth place is left for the majority of singers to compete. Especially in recent days, Liu Baifang has simply implemented a rotation system for the tenth position, one person for one day, and this position will not last long anyway.
Now the fourth episode of Meng Wen's online drama has been released, in which Liu Baifang specially listened to the ending song, and the three sisters of Yuan Xiaoqing, who are currently on fire, sang "Tick", the name is not good, but the song is real, Liu Baifang no longer knows how to feel Meng Wen's non-human creative talent. It is foreseeable that this time next week, the only recommendation will have to be taken up by this song.
During this time, Liu Baifang obviously felt the sharp decline in the increase in the number of new songs in the background of the crooked dog, before adding new songs every day, the entire editing room staff couldn't listen to them all day, and there were many people who took the initiative to work overtime to choose songs at night, after all, this song is closely related to everyone's bonus. And now when it's time to get off work, there are very few people in the office, and there are not many new songs to choose from.
And the discovery rate of good songs has also dropped again and again, and there were always a few good songs that could be found every day, and a singer released an album in time, and there were ten or eight songs at once. But now, since the release of Meng Wen's six new songs at the end of March, there has been another singer who has released an album, and under the suppression of Meng Wen's new songs, even half of the expected results have not been achieved.
In April, except for some small singers who are not famous, none of the singers with a little weight have released albums, and even singers who have announced their releases in April have postponed their releases for various reasons.
If it is said that in March, because Meng Wen did not release a new song in the early stage, there is still a hint of a hundred flowers blooming in the music of Crooked Dog, then in April, the whole Meng Wen is outstanding, and all the others have shrunk, and no one wants the songs they have worked so hard to create become Meng Wen's foil, and no one has surpassed Meng Wen's determination.
Even if there are one or two singers who want to compete with Meng Wen, they will be suppressed by his agency. After all, a singer who has the idea of competing with Meng Wen, how can the song not be too bad, such a song is not like Meng Wen can write it if he wants to, which one is not pinned on by his agency. The brokerage company will not ruin the hard-earned songs because of anger with Meng Wen.
It's no wonder that the agency has pessimistic thoughts about its own artists, but everyone will lose confidence when they see Meng Wen's new song that firmly occupies the major lists of crooked dogs. There are six new songs of Meng Wen, this kind of invisible propaganda power and word-of-mouth, how good a song you have to be to surpass it, if you don't do it, it will be a lose-lose end, or simply wither.
Meng Wen alone, the entire music industry that was suppressed was silent. Those singers who originally wanted to survive April and avoid Meng Wen's limelight, but what they were waiting for was Meng Wen's concentrated bombardment again in May, one episode of the web series, one song, and the first classic, if it goes on like this, let alone May, it can't be raised in June. If Meng Wen also filmed a 20-episode online drama with a convulsion, it would go down for half a year, and everyone wouldn't want to take the lead this year......
It was also on this day that the daily video website finally ushered in its first 3 billion valuation, but at this time, after receiving Meng Wen's repayment of 13 million a few days ago, Tang Huan, who was no longer in a hurry, raised his target valuation again, from 3 billion to 3.3 billion.
However, what Tang Huan didn't expect was that that night, his target valuation was realized, and at this time, Tang Huan could only break his promise again, raising his target valuation to 3.5 billion, and once again swore that as long as there was an offer of more than 3.5 billion, he would definitely not postpone it, and he would definitely accept the capital injection.
Tang Huan didn't remember that he had made such a sworn decision every time before, but so far, this decision has been broken by Tang Huan himself again and again. If another investor gives a valuation of 3.5 billion tonight, Tang Huan will definitely brazenly raise the valuation of the website again.
For Tang Huan, if he can make hundreds of millions more, not to mention that it is just a decision made in his heart, even in front of the whole company, then he should regret it, who would be so stupid that he can't get along with money.
As for what price is Tang Huan's final bottom line, it depends on the date of use of the existing funds and the increase in the investment bid. And if any venture capital suddenly gives Tang Huan a new valuation that exceeds the current highest valuation of 1.8 billion, maybe Tang Huan will also consider accepting the capital injection immediately.
On May 23rd, the second episode of "Diao Silk Man" also officially exceeded 100 million views, with the arrival of this grand event, the valuation of Tang Huan's daily video website was also 3.4 billion in the morning, directly rose to 4 billion in the afternoon, and rose 600 million at once, this quotation was given by Jiangsu and Zhejiang Media Group.
Coincidentally, Jiangsu and Zhejiang Media is the company where Xun Hanlei's uncle is located, and it is also the property of the Meng family, but the Meng family is not the Meng Wen family, but the Meng family, which ranks fifth among the six major families in China.
Jiangsu and Zhejiang media are involved in publishing, film and television, and are also the leading large companies in North China and East China, and they are also the main industries of the Meng family. It's just that because there are too many aspects involved, none of the aspects are particularly prominent, the only feature is comprehensive, involving the entertainment industry and the surrounding industries, Jiangsu and Zhejiang media can get a foot, music, film and television, model brokerage and other mainstream entertainment industries, as well as animation, literature, these pan-entertainment, and even the production of shooting props can see the figure of Jiangsu and Zhejiang media.
Speaking of video websites, Jiangsu and Zhejiang Media are naturally established, but most of its film and television resources come from its own group, not like an open video website, more like the group's film and television official website, and naturally ranks last in the video website industry.
Although Jiangsu and Zhejiang media are not in a leading position in a specific industry, the profits brought by industrial integration should not be underestimated, especially the industry of the Meng family, which can be described as having resources and connections.
The investment of Jiangsu and Zhejiang Media in Tang Huan's website this time is not the integration of the entertainment industry, or that this factor only accounts for a small part, mainly because of the investment of Jiangsu and Zhejiang Entertainment, a subsidiary of Jiangsu and Zhejiang Media Group, is completely optimistic about the future profit expectations of the website.
The investment objectives of this subsidiary, Jiangsu and Zhejiang Entertainment Investment, are related to the entertainment industry, because this line is the old business of Jiangsu and Zhejiang Media, and investment is the most unfamiliar field, and only familiarity can better reduce risks.
As for the integration of the entertainment industry, that is a matter for the group headquarters, and the purpose of the subsidiaries is to make profits independently. And if it is really industrial integration, Jiangsu and Zhejiang Media will not only need Tang Huan's 10% shares, according to the habits of Jiangsu and Zhejiang Media, they will generally let themselves have a certain or absolute right to speak in the integrated industry, and at least more than 30% of the shares will be acquired.
The reason why this Jiangsu and Zhejiang Entertainment Investment suddenly increased the valuation of Tang Huan's website from 3.4 billion to 4 billion is also Tang Huan's idea that he has seen through it, and the wealthy Jiangsu and Zhejiang Entertainment Investment is also lazy to tug back and forth with Tang Huan, of course, if the tug-of-war can reduce the cost of Jiangsu and Zhejiang Entertainment Investment, Jiangsu and Zhejiang Entertainment Investment does not mind playing with each other.
But referring to the valuation of Tang Huan's website in the past month, it has soared from less than one billion to the previous 3.4 billion, which is basically 100 million and 100 million, and if it goes on like this, 100 million a day, unconsciously increased to 4 billion, obviously Tang Huan was not very touched. Instead of 100 million a day, it is better to increase 600 million all at once, which can touch Tang Huan more and show his sincerity.
And according to the evaluation of the company's internal professionals, the value of Tang Huan's current website is definitely worthy of the 4 billion valuation given by his own party.
Tang Huan came to Meng Wen to discuss, but Meng Wen directly handed over the decision to Tang Huan on the grounds that he didn't know how to operate. In fact, Tang Huan didn't plan to hear any ideas from Meng Wen, Tang Huan absolutely admired Meng Wen's creative talent, but this did not mean that Tang Huan would admire Meng Wen's business talent. Tang Huan's move was also to consult Meng Wen politely, after all, Meng Wen is also a shareholder of the company.
After thinking about it for a night, Tang Huan decided to accept the offer of Jiangsu and Zhejiang Entertainment Investment. Tang Huan is still quite satisfied with the valuation given by Jiangsu and Zhejiang Entertainment Investment, and at the same time is also relatively satisfied with Jiangsu and Zhejiang Entertainment Investment itself.