Starting from joining Tencent Video

Chapter 154 Affairs: Initiative and Decency

It's mid-May, and three days ago, "Hello Mr. Billionaire" officially surpassed 2 billion yuan at the box office.

Although the box office revenue declined more and more as time went on, it was still able to maintain tens of millions every day.

There is still great potential!

They have already started applying for a key extension, and if successful, it will be ready in time for the summer vacation.

Chen Jingyuan has already communicated with Chen Wu, Kaixin Mahua, and many investors.

Try to postpone it by two months, so that it coincides with the summer vacation.

After "Wolf Warrior 2" was released, there was no need for further delays.

Although Chen Wu and the others did not know Chen Jingyuan's thoughts, they certainly wanted to extend the time as much as possible.

Besides, "Hello Mr. Billionaire" isn't without its chances!

Currently, only two domestic films have surpassed 20 billion yuan in box office revenue: "The Mermaid" and "Monster Hunt".

"Hello Mr. Billionaire" is the third installment, although it may not necessarily break the record for domestic films.

But the box office results are already very impressive, so there's no reason why the extension application shouldn't be approved.

Devil

Chen Jingyuan started returning a week ago, and his "mother-in-law" stayed for quite a while.

He and Xiao Meng were destined to be apart, and they would have to wait for their next meeting.

Upon returning, while monitoring the box office performance of "Hello Mr. Billionaire," Chen Jingyuan did not forget to address the issues with Tencent Pictures.

However, upon returning to Shanghai, Chen Jingyuan received some good news.

The second season of "The Fox's Summer" was a great success!

This project was originally arranged by Sun Zhonghuai, so Chen Jingyuan got a good deal.

With the first season garnering over 10 billion views, it's now a certainty that the second season will also surpass 10 billion views.

Most importantly, the second season was also broadcast on Sichuan Satellite TV, and it ranked among the top five in prime-time ratings despite being sandwiched between other big dramas such as "Ode to Joy 2" and "White Deer Plain".

It was still the ratings champion on Sichuan Satellite TV, so the success of this drama was truly unexpected.

Chen Jingyuan was unaware of this drama before his rebirth, after all, he wasn't omnipotent.

He was aware of some of the popular TV dramas and web series, but he didn't remember many of the ones that were only moderately popular.

Just like in a competition, many people only remember the first place winner and don't pay much attention to the rankings below.

The lead actress in this drama, "The Fox's Summer," is someone I know well: Tan Songyun!

Since Tan Songyun rose to fame with "Hello, Old Times", she has been constantly offered film and television roles.

Tencent Penguin Pictures also frequently invites them to star, and many of their actors are well-known with relatively affordable and negotiable salaries.

It has to be said that Tan Songyun's ability to maintain her popularity by establishing her own studio is quite unique.

In addition to the project "Fox's Summer", there is also a variety show called "Brainy Men's Era".

Compared to the former, the latter had very little viewership and popularity.

However, these were all previous projects and have little to do with Chen Jingyuan.

By June, there will be quite a few projects belonging to Tencent Pictures.

First of all, Danny Long's "The Coming One" is finally going to air.

There's also a web series adapted from a game called "The Starry Night, The Starry Sea" and "Princess Agents".

Next, the new season of "Go Fighting!" will air, and so on.

With the summer vacation approaching in June, many long-form video websites are making moves to grab traffic.

For example, kiwifruit is preparing to launch a new variety show called "The Rap of China" and is also promoting the supernatural detective web series "River God".

Chen Jingyuan's eyes brightened considerably when he thought of the hip-hop theme.

The main reason this program reminded him of a certain event that seems to be waiting to erupt at the end of the year.

"Tencent Video just needs to follow the normal pace."

Chen Jingyuan murmured softly, not in a hurry because of video websites like kiwifruit.

Besides numerous variety shows, Tencent also has a show called "The Hidden Corner".

This was specially prepared by Chen Jingyuan for the summer season, and was handled by Liu Yang's Tianxuan Studio.

I started preparing at the end of last year!

Considering that this suspenseful crime film still requires a lot of acting skills, he didn't arrange for many actors to participate.

Even when it's someone from Jaywalk Studio auditioning, he respects the director's choice.

Despite having only 12 episodes, "Before Rebirth" has garnered over 30 billion views.

With an average of over 2 million views per episode, that's quite an astonishing number.

It's a phenomenal hit drama, and it would be perfectly fine to release it during the summer vacation season.

"Want to go hiking together?"

This phrase became a nationwide hit and a viral meme, accompanying the entire series' popularity.

Most importantly, "The Invisible Guardian" has also achieved very good results overseas.

The Busan International Film Festival's Best Asian Creative Award and Best Newcomer Award, among others.

It was selected as one of the 15 best international TV series of the year in North America, and it was the only Chinese drama to be selected on the first day.

Using overseas audiences to boost domestic popularity is a tactic that Chen Jingyuan is probably most familiar with.

This method was used in several previous projects, and the problem is that it is indeed effective.

It would be a shame not to watch a web series that's become a hit even overseas.

Chen Jingyuan currently needs to focus on the promotion of many projects on Tencent Penguin Pictures.

For example, the show "The Coming One" definitely needs more promotional resources.

In addition to their own projects, some projects are seeking investment and copyright acquisition.

For example, there was a TV series called "The Rise of Phoenixes" that contacted Tencent Penguin Pictures in advance to sell its copyright.

The investors are a subsidiary of Huace Media Group and United Dong Shen Company.

The latter company was founded by Chen Kun and has a considerable reputation in the industry.

"Whoever buys this show is going to fall into a trap."

Chen Jingyuan couldn't help but shake his head; he did have some recollection of this drama.

Hunan TV spent 6 million yuan to buy it, but the ratings collapsed.

It even set a record low for Hunan TV's prime-time slot in nearly 15 years, and the person responsible for bringing it in is likely to be in trouble.

It seems that the online streaming rights were ultimately purchased by Kiwi, costing a whopping 7 million yuan.

It was even more ruthless than Hunan TV, but unfortunately it still lost a lot of money.

Although the streaming platform lost money, the investors of "The Rise of Phoenixes" did make money.

The only problem is that it's a one-off deal; you definitely can't do it like that again.

Many distribution platforms are not being taken advantage of!

Chen Jingyuan looked at many projects and had some impression of some of them.

Mark this as important, and we'll have Tencent Video send someone to discuss it in detail later.

Chen Jingyuan wouldn't blindly trust the data he saw before his rebirth; if the data was inflated, he'd be setting himself up for failure.

Data fabrication is not impossible; even a large conglomerate like Hsu Pi-pi was able to fabricate data for many years without being detected.

What's so strange about the data fabrication in TV dramas and web series?

I definitely need to see what the story is like. If he can't even stand it, there's no need to introduce it.

"Boss, Yu Yongfu has voluntarily resigned from his position as president of Alibaba."

Just as Chen Jingyuan was dealing with many things at Tencent Pictures, Qiao Yujie suddenly came to his side to report to the director.

"Resigned from the position voluntarily!?"

Chen Jingyuan's face froze for a moment, as if he hadn't expected this.

After so many days, the box office of "This Is Not What I Expected" has exceeded 200 million.

There should be hope of breaking even, but the contrast with "Hello Mr. Billionaire" is too stark.

All that hype beforehand just benefited "Hello Mr. Billionaire".

Chen Jingyuan never considered using the "extortion" method, after all, he was confident in the box office performance of "Hello Mr. Billionaire".

As long as there's enough publicity, there shouldn't be any problem with box office revenue reaching 2 billion.

This outcome can only be described as a twist of fate!

Yu Yongfu's actions stemmed from a desperate gamble; Alibaba Pictures had indeed suffered too many failures.

In addition, Yu Yongfu himself has considerable abilities and certainly doesn't want things to end hastily.

Let's take a gamble!

I didn't expect it to turn out this way, even if "Hello Mr. Billionaire" has a lower box office.

As long as it doesn't exceed one billion, and the loss isn't too outrageous, it's acceptable.

It could easily be dismissed as a narrow defeat, since as long as "This Is Not What I Expected" is profitable, it can't be called a complete failure.

This crushing defeat left Yu Yongfu with no choice but to swallow the bitter pill.

Yu Yongfu has now become the target of ridicule across the internet, and the criticism has even spread to Alibaba Group.

Taking the initiative to resign from his position as president of Alibaba Pictures is actually quite dignified.