Cherreads

Chapter 995 - 1143

Time flies...

Before we know it, the Spring Festival is approaching again!

2014!

Five years have passed since Qinjiang's rebirth: it has also been ten years since the Heilong Group's foundation was consolidated once again.

Heilong Group.

Qin Jiang, Zhu Zheng, and Si Jiu sat on it.

under.

On both sides, Wang Tao, Zhao Shanhe, Feng Lin, Sun Yuan, Shen Tianci, and others are reporting on the summary of 2013.

beside.

Ning Hua is listening in! (That's right, he's listening in. After spending several months together, his personality is very compatible with the Black Dragon Group's senior management. Although he's a bit of a romantic, he has a knack for dealing with people. Moreover, he greatly admires the chivalrous spirit of the Black Dragon Group's senior management, and they've become completely like brothers.)

now.

Wang Tao stood up and said, "2013! Under Brother Jiang's leadership, it was a year of great success for the management department! The number of directly operated stores of our two major milk tea brands, Xueye Bingcheng and Bawangcha, increased by one-third, the number of franchised stores increased by three-quarters, and the overall turnover doubled. At the same time, Songjiang Never Sleeps City saw a 15% increase in visitor numbers and a 30% increase in total revenue. We won two national awards and six local awards, and our online traffic continued to climb."

"Other brands are also developing: the number of directly operated stores and franchised stores has increased by 300% overall."

Qin Jiang nodded: "Continue with stable development! Take it one step at a time!"

The industries under the management department are already completely stable and well-established, so there is no need to add anything else. As long as we work steadily and surely, we can quickly increase our profits. The worst thing is to be impetuous and make unnecessary advances.

beside.

Ning Hua clicked his tongue in amazement: "Is the Black Dragon Group developing at such a rapid pace in just one year? How can a company of this size grow exponentially?"

...

Sun Yuan stood up and said, "2013! Under Brother Jiang's leadership, the Xuan Yu Department took off! The ratings of its two flagship variety shows, Starlight Entertainment, reached new highs, and the revenue from advertising for the two flagship variety shows increased by 20%. At the same time, five new variety shows were launched, all of which ranked in the top 50 in the country. Five new variety shows were also launched, and all of them made the list. In terms of variety shows alone, the overall revenue increased by 200% compared to last year."

He finished speaking with a very confident expression.

Although it may seem like the revenue has only doubled, don't forget how much revenue Heilong Group's two flagship variety shows used to generate—it was in the billions. That means if they create ten new variety shows, the combined revenue of each show will be around one hundred million, and some outstanding ones may even reach two or three hundred million.

That's terrifying!

It is important to understand:

Unlike TV dramas and movies, which are basically one-off deals, variety shows are now dominated by Star Entertainment's strategy of making a second and third season if a show becomes popular. With two of their flagship shows having even more successful second and third seasons, people are very much looking forward to the sequels of Star Entertainment's variety shows.

Starlight Entertainment now earns 2 billion yuan annually from variety shows alone, and this revenue is sustainable. This is absolutely terrifying and leaves other entertainment companies far behind.

Sun Yuan continued: "In addition, we have filmed five movies and five TV series, and released three TV series: one became a huge hit and the other two were moderately successful."

He didn't go into specifics about these figures, just mentioned them briefly. The filming and release cycle for movies and TV series can't be calculated in a year. If there's a report, it should be given separately for each specific TV series or movie. However, TV series and movies produced by Starlight Entertainment are basically guaranteed to make money. After all, they use their own actors, and the salaries aren't particularly high. Plus, their own actors are all experiencing a resurgence in popularity on various variety shows, so as long as the movie is released, the fan traffic alone can guarantee that they won't lose money. 2013! The fan economy was just emerging, which was a great time, far from the era of the collapse of the movie fan economy in later years.

Sun Yuan continued: "In addition, Starlight Entertainment's executive brokerage revenue is 500 million yuan, and other miscellaneous revenue is 100 million yuan."

This number is still staggering.

It's quite normal to think that Starlight Entertainment has a large number of celebrities who became famous through variety shows. These popular variety show stars are highly sought after, and it takes reservations to book their movies, TV series, and especially variety shows.

The resulting revenue is naturally quite substantial!

That means Starlight Entertainment's total revenue this year alone is three to four billion yuan, which is quite staggering.

Last year, Starlight Entertainment was valued at only 5 billion yuan! That was an overestimation, but if we were to revalue it today, it would be at least 10 billion yuan.

Valued at tens of billions!

Huff... huff...

Many of the top officials in Heilongjiang Province couldn't help but breathe heavily, indicating their inner turmoil.

Ning Hua, who was listening from the side, was also very surprised.

Valued at tens of billions!

Even a powerful family like the Ning family couldn't completely ignore it, especially considering its scale is comparable to a large conglomerate in mainland China. In any given field, especially the relatively small entertainment industry, Starlight Entertainment is a dominant force, capable of influencing the course of events. In fact, just as Ning Hua guessed, while Starlight Entertainment might not be particularly prominent in the overall business world, it's a blazing sun in the entertainment industry. Countless top stars actively seek to join Starlight Entertainment, especially those who have faded somewhat, all hoping to revive their careers through Starlight Entertainment's variety shows.

Of course, a market value of 10 billion would only catch Ning Hua's eye and wouldn't shock him. What shocked him was that this entertainment company with a market value of 10 billion was just an entertainment company under a certain department of the Black Dragon Group. And this department seemed to have other entertainment businesses as well. The most important thing was that the department didn't seem to be the most profitable department in the Black Dragon Group. The entire Black Dragon Group followed the physical route. Of the six major departments, only the Finance Department and the Publicity and Entertainment Department followed the internet! The other four departments all followed the physical route.

For example, the management department, which was just reported, is clearly making more money.

This was incredibly shocking, and even Ning Hua, the third young master of the Ning family, who was used to seeing the world, could not remain calm!

.....

Sun Yuan continued, "In addition, the number of registered users on our Heilong website has doubled again thanks to the influx of celebrities, and its popularity across the internet has soared! We have officially entered the ranks of top-tier websites."

Qin Jiang nodded in satisfaction: "Starlight Entertainment will continue to develop steadily. We should try to make more stars and artists famous. We can sign as many people as possible, and we can increase their guaranteed salaries."

"The current number of registered users on the Heilong website is far from enough. All artists signed with Starlight Entertainment must ensure that they register an account on the Heilong website and maintain a stable level of activity. They can also increase their benefits and even have opportunities to appear on variety shows based on their popularity on the Heilong website. In short, resources will be allocated to the Heilong website indefinitely, and the Heilong Group can also provide financial support when necessary."

"In short, as long as the popularity of the Heilongjiang website increases and the number of registered users rises, I don't care how much it costs!"

These words were spoken.

Ning Hua: (=゚Д゚=)

Sun Yuan: (☉_☉)

Other high-ranking officials: (◎_◎;) (・・)(•ิ_•ิ)?

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