I Know Everything

Shanhai Streaming’s yearly VIP subscription cost 180 Yuan and 50 million subscribers was  90 billion Yuan in revenue.

Although the various expenses such as bandwidth, servers, buyouts for content etc… needed a lot of investment, such a large amount of income could definitely set their hearts at ease.

At least, they would be able to see the hope of profit and their future were getting brighter.

Shanhai Streaming valuation had already exceeded 100 billion USD now.

Although Shining Technology who was mainly carried by Youyi continued to forge ahead and expense their business, they couldn’t avoid having their market value stagnate or decrease.

So the market valued Shining Technology around 100 billion USD.

Market value and valuation didn’t seem that different but actually were two different things.

Shanhai Streaming was valued at 100 billion but it was likely to rise to 120 or 150 billion USD when the company was listed.

The 100 billion USD of Shining Technology was their market value so it was unlikely to increase unless there were some unexpected results at the end of the year.

In fact, Shining Technology at their peak had a market value of 120 billion so they already declined quite a lot.

However, Shanhai Streaming constantly improved themselves.

The 50 million VIP subscribers was a great catalyst for an increasing valuation.

50 million people that were willing to spend money on their company were of huge value to any company!

It was true for the pragmatic market and even truer for those crazy advertisers!

Shanhai Streaming had international viewers.

For the same TV series, Japanese companies could advertise on the Japanese version while the Korean companies could do the same for their own version.

It was even better for English as they had potentially 3 billion viewers.

Even if there wasn’t actually 3 billion, one billion was still promising.

Except China, which advertising could claim that they could advertise to one billion people?

Moreover, those one billion people weren’t people from developing countries but people from already developed countries so they had spending powers, hence the advertising would be more effective.

Advertisers didn’t care which TV stations or streaming platform they were as long as there were people that went to watch the shows on their channel, there would be value for them to advertise.

The more popular it was, the higher the value it would be.

So Shanhai Streaming relied on the two pillars of valuable advertisement slots for their free versions and 50 million VIP subscribers to achieve the valuation of 120 billion USD.

“They are planning to release an episode per day for ‘Prison Break’ so 30 episodes would span for 30 days.” Xin Changkong said, “However, Cui Zhong told me that he wishes we can shoot ‘Prison Break’ season 2 as soon as possible so they can get on schedule for March just after the Spring Festival.”

“There is no hurry.” Chen Huan shook his head, “Even if we film a second season, it would be best if it was broadcast at the same time next year as one season per year is the most appropriate.”

“Right.” Xin Changkong agreed and then said, “I think so too. The reception for the first season isn’t out yet and even if they proposed the same conditions, I think it wouldn’t be enough…Such a great script by Teacher Chu should be remunerated far more.”

“As for the actors, wouldn’t their salary increase exponentially with season 2?” Chen Huan asked.

He didn’t ask this without reason.

There were many TV series that couldn’t continue because they couldn’t come to terms with the pay for the actors.

They could only let it go depending on the situation.

Otherwise, their salary would continue to increase like the main cast for ‘Friends’ or ‘Big Bang Theory’.

Or, they directly write a new protagonist with a new plot to successfully divert the viewers’ attention.

In this regard, ‘Game of Thrones’ was a good example as anybody who dared to ask an unbelievable price would have their character die, no mercy.

If that still didn’t work, they could only edit a few episodes from previous takes and wrap the story up.

There were countless series that ended like that.

Chen Huan had high expectations for ‘Prison Break’ so he obviously didn’t want it to have a problem in season 2.

“With the instructions given by you, every actor has signed a contract for 3 seasons.” Xin Changkong said, “There shouldn’t be any problem at least for the first three seasons…the law only allows that much otherwise I would have signed them for ten seasons.”

The laws and regulations in this world were quite well done.

The actors couldn’t willy-nilly demand an increase but they also couldn’t be tied for long.

What kind of TV series could go on for ten years long with actors’ salaries not changing? Such a thing wasn’t allowed to happen.

So three years or three seasons was the limit.

It was the limit that was acceptable for two parties.

Xin Changkong continued after a slight pause, “The salary won’t increase but I made a bonus plan based on the subsequent dividend and earnings, I wish you and Teacher Chu to take a look.”

Xin Changkong wasn’t only the director but also a producer that handled the cast.

Chen Huan trusted him and wasn’t afraid he would go behind his back.

There would be an accounting firm reviewing the accounts after each season was done filming.

Moreover, all the copyrights was at the hand of the company, which was the greatest guarantee.

However, being considerate was still the better choice.

Everyone knew that playing in a script written by Teacher Chu Liuxiang would be an honor and make them famous across the world.

A good thing like that, they would even be willing to come for free!

Even Superstars thought like that.

The three protagonists in ‘Prison Break’, Li Yingzhi, Yan Yu, and Zhou Lexiang, especially the first two, thought even more extreme as they just wanted to act well.

Money wasn’t important.

Filming a TV series didn’t get them as much as their endorsements.

However, if the TV series they participated in caught fire, they would receive more money from endorsement.

“How about those veteran theater actors I introduced? They aren’t bad, right?” Chen Huan asked with a smile.

Xin Changkong slapped his leg in excitement as he said, “Hey! Only not bad? They are amazing! You don’t know but Yan Yu and Ling Yizhi were a bit restrained at the beginning but after a bit, they would go to those veterans every time they were free and beg them for lessons!”

“The filming went very well after that and they contributed greatly! How come I haven’t found useful theater actors like them before?”

Chen Huan laughed.

His previous world also didn’t know about this at first.

It was only after the release of a certain movie that everyone realized how useful those theater actors were!

So after they started to use big data for TV series and movies, those theater actors were used to balancing things out.

Like that, even if those handsome actors couldn’t act that well, those veterans were there to stabilize things.

Just like that, those TV series were at least watchable.

However, the people’s comments on them were two extreme.

They scolded those young idols for being worthless except for their looks.

While praising the theater actors for their godly skills.

Chen Huan watched a lot of those types of TV series before figuring out their roles in it.

So before the filming of ‘Prison Break’ started, he hired many actors from Beihua Theater in the cast to enrich the support of this TV series.

It seemed that the effects were really good!