The Fantasy Entertainment Empire

"I take full responsibility."

When Zhang Xinhua said these words, his mouth was full of bitterness.

He is actually not convinced.

It is true that he is the producer of the drama "Library of Heavenly Dao", but when the company invested in this drama, it directly invited a famous director.

The director has a lot of power in the crew, and he basically handles financial and accounting matters, supervises the financial situation of the crew, and ensures that the film can be completed on schedule. He feels that, as a producer, he has done all these tasks very conscientiously.

Really, the quality of the final product has a lot to do with him? He doesn't admit it.

Before and after the work was launched, Zhang Xinhua, as the manager of the operation of "Library of Heaven", felt that he had no problems with the operation strategy and the promotion strategy discussed with Cao Yufei.

He felt that, in fact, the problem was that the quality of the work was not high enough.

"Tian Dao" and "Ru Zi Di" are two different types of dramas. It may not be easy to compare, but they have a certain degree of similarity with "Budao". Compared with martial arts, the "Tian Dao" they shot is really not good enough.

On the eve of the Spring Festival, "The Library of Heaven" was officially surpassed by "The Emperor".

Of course, this is not about playback volume. That imaginary thing can only be used for blowing water. To seriously evaluate the commercial value of a work, it still depends on the ability to attract money.

"Ruzidi" originally far surpassed "The Way of Heaven" in terms of word of mouth, and now it even surpasses it in commercial performance. What's more, they are still on the rise. It is said that the daily new sales are increasing steadily. As for "Tian Dao", after the large-scale publicity ended and the flow was not enough, it entered a period of depression.

Next, "Tian Dao" let alone achieve overtaking again, it feels impossible to even maintain the gap. The commercial performance between the two will become bigger and bigger over time.

It was crushed in all directions.

According to the current trend, when the complete episodes of "The Way of Heaven" are finished, the total sales, if optimistic, may only be more than 400 million, less than 500 million. And the total investment of this drama has reached one billion yuan, which is enough to make a big-budget movie.

Even in the long run in the future, some funds can be withdrawn through other methods, but it is basically unrealistic to completely make up for the high investment.

Comparing revenue and cost, there is no doubt that "Tian Dao" will bring huge losses to "Tianhong Entertainment".

According to the current audit given by the headquarters of 'Tianhong Investment', the production cost, publicity investment, and other types of resource investment are all counted, and the funds that have already been returned and can be returned in the future are subtracted. The "Tiandao Library" project , will bring a huge loss of more than 700 million yuan to 'Rainbow Investment'.

This level of loss will inevitably require someone to take the blame.

Zhang Xinhua was the first one.

When he said the words 'I take full responsibility', it was at the executive meeting of 'Tianhong Investment'.

In this executive meeting, not only David attended as the president of "Tianhong Investment", but also other executives and directors of the company, basically all of them were present. In addition, the company's headquarters in the United States also sent a number of executives.

Even the chairman, who is already in a semi-retired state, made a special trip back from the US headquarters.

In front of these people, Zhang Xinhua knew what he meant by his words: in this line of work, he basically cut off his future.

No one will use an investor who has had a major failure again. In the future, it will be as difficult as heaven for him to get up again.

Although he does not think that he has made too big a mistake in this matter, he even persuaded David before the work went online, saying that he should not take too big a step, pay for what content, and sell it honestly The work is copyrighted. At that time, someone was willing to take over the offer at a price of 1.3 billion.

If David had listened to him at the time, although the final investment rate of return would not be very good, it would still be a passable business.

But David didn't listen to him.

However, even so, so what?

"Tiandao Library" was made by 'Tianhong Entertainment', and he is the actual executor of Rainbow Entertainment. Regardless of whether or how much responsibility he has in this matter, as long as the work fails, he is the first person responsible.

But it was obvious that he couldn't handle this pot alone.

"The company's investment, in this project, has lost hundreds of millions of dollars. You are fully responsible for it? How can you bear it?" A capable, white American man in a suit said with a serious face, staring at him.

Zhang Xinhua is this person. His name is Eriksson. He is an executive at the U.S. headquarters of Tianhong Investment. He is responsible for risk work. The two are even alumni, both of whom are graduates of the Wharton School of Business at the University of Pennsylvania. . He has traveled to the United States several times and met with Eriksson several times. They drank coffee and had dinner together. Because of the same educational experience, they had very pleasant exchanges.

However, here, Eriksson didn't have any of the friendly looks he had seen before, and his face was as cold as the judge of hell.

"My resignation letter has been submitted to the board of directors."

Eriksson shook his head and said: "There is no need for a resignation letter, Zhang, your dismissal process should have been completed by now, bring your personal belongings, and you can go. But please spend the next month Here, cooperate with my work. I will review the entire project process to ensure that there are no violations during the project, and if there are corresponding records, we will reserve the right to sue you."

Zhang Xinhua's complexion became even worse, but he didn't say a word.

This result, he had expected.

Eriksson, on the other hand, didn't even look at Zhang Xinhua while he was speaking. His eyes were always on David who was sitting next to him.

For "Tianhong Investment", a project involving more than one billion yuan has suffered a major loss, which is also an out-and-out pain.

They are an investment company, and the money is not all from the company. Various funds and various investment institutions are their sources of funds.

It seems that 100 million US dollars is not a big deal for an investment company that manages tens or even tens of billions of dollars, but in fact, the impact is very large.

This will obviously affect the confidence of investors and plant a big thunderbolt for the future development of the company.

Zhang Xinhua cannot afford to take the blame. When he was fired, that was only a small part of the blame, and the other part had to be found with a bigger head and deducted.

Like David.

He is the top person in charge of the Chinese part of "Rainbow Investment", and Zhang Xinhua can't handle this pot, so he can only resist.

David stood up slowly, watched the gray-faced old Zhang go out from the door of the conference room, and then turned his gaze to Eriksson.

Being stared at by David is a very stressful thing. His condescending and domineering attitude, as if he is not a loser, but Eriksson, who is stared at by him, is like a sad dog.

This kind of gaze made Eriksson very uncomfortable.

He's a little cowardly at first, but then immediately mortified by the feeling, and then irritated.

"Mr. David, can you explain why you made the decision to enter China's entertainment industry and establish 'Tianhong Entertainment'?"

David's attitude is very calm: "Because, I think the entertainment industry has enough potential, and our funds will be invested in it, and we will get the return we deserve."

"Then "Library of Heavenly Dao", this huge loss-making project, is the reward you brought us?"

"Before "Library of Heaven", in the name of 'Rainbow Entertainment', we invested in the production of six projects, three films, and three film and television dramas in two years. All the profits obtained, the overall return on investment More than 50%... Do you think our work on 'Tianhong Entertainment' is a failure?"

Eriksson sneered, and then directly grasped the lifeline: "But what about "Library of Heavenly Dao"? How do you explain the fiasco of this project?"

He looked like 'no matter what you say, I'll just talk about the blood loss of "Tian Dao"'.

This strategy has been quite successful. Whenever it comes to "Library of Heavenly Way", David can only be silent.

When you lose, everything is like an excuse.

That's right.

Regardless of the thousands of reasons, if you lose, you lose. No matter how many reasons there are, can you turn defeat into victory?

impossible.

David knew in his heart that he lost this time, and he lost badly. It can even be said that it was the most important failure in his entire career.

In the past period of time, I have reviewed myself more than once. He himself had to shoulder 80% of the responsibility for the failure of "The Way of Heaven".

But he understands it, but he must not just admit it like this.

This is another reason.

If he is here and really admits it, he will become even more troublesome.

However, Eriksson on the opposite side was very aggressive.

Although David's face has not changed, he is already very embarrassed.

At this moment, there was a sound of knocking on the table.

Everyone looked at it, and the person knocking on the table was Mr. Orison Keen, the founder of 'Tianhong Entertainment'.

He is over 60 years old, and in the past few years, he has gradually started not to directly preside over the work of "Tianhong Investment". If there is such a big mess in China, he will not come here specially.

"Okay, let's call it a day," he said.

Hearing what Orison Keane said, Eriksson's face became a little uncomfortable: "Mr. Keane, David needs to give an explanation to the entire board of directors."

"Let me tell you." Keane said, "Let Michael come to me."

Eriksson shut up, or rather, he had expected this situation.

Orison Keane protected David like this because David Keane was his son.

Old Keane's wife is a Chinese. He is middle-aged and has a son, and he attaches great importance to his son. He was carefully cultivated since he was a child, and he was also very strict with David. After David became an adult and graduated, he was arranged to enter his own company and work for two years, and then he was sent to China to establish a Chinese branch of "Tianhong Investment".

Originally, according to the old Keane's idea, he wanted David to experience a few years in China, experience the process of establishing a company from scratch, accumulate some experience, and then return to the US headquarters.

But I didn't expect that my son was so capable. Despite the support of the US headquarters, he was able to lead 'Rainbow Investment' to gain a firm foothold in an unfamiliar country, and even made quite good achievements. In addition, a new territory has been developed.

For Keane, this came as a complete surprise and helped him quite a bit.

It's true that Old Keen established "Tianhong Investment" by himself, but the company also has another partner. When the company's development was not so good, the two were close comrades-in-arms and fought side by side. And as the two grades got older, it was inevitable that there would be a rift between them, and there were some signs of power struggle within the company.

And with an outstanding son and strong support in overseas markets, Old Keane has been firmly suppressing another person for a long time in the past.

However, he never thought that David, who has always made him feel very proud, would have such a big failure in China.

When he just heard the news, he was angry and puzzled. But now, he has only one choice: keep David.

That is not only his most powerful supporter in 'Tianhong Investment', but also his biological child.

After forcibly terminating the meeting with his own prestige, Old Keane left David alone.

"Father, I have let you down."

Alone in front of his father, David still lowered his head, took off all the previous steel helmets and armor, and even looked a little helpless and dazed.

Seeing him like this, Old Keane originally wanted to say some words of blame.

He knew that his son, David, was made of iron from the inside to the outside. Want him to show such an expression? Old Keene had rarely been seen since he was sixteen.

It can be seen that this failure was also a heavy blow to David himself.

With a slight sigh, Old Keane said: "Take care of the matter in China, and return to the United States with me in a few days. At that time, Eriksson will temporarily take over the work in China and wait for further arrangements .”

"Have we lost China?"

"Not counting, let old Michael be proud for a while, and when we return to the United States, there is still a battle waiting for us."

"Okay, follow your arrangement."

The two were silent with each other for a while, and Old Keane said again: "It's good that you can get some reflection from this incident."

"I've had enough introspection."