Chapter 53 Finally Have Money

After one and a half months, the promotion period of "Soul Ferry" has finally ended.

In order to boost viewing figures, Leshi.com previously made all episodes free to watch after they were updated. Now that 500 million views have been achieved, the viewing mode has naturally been adjusted to the most common mode for web series - the first two episodes are free, and the rest require membership.

As the broadcast period came to an end, Meng Bai began to get busy again because the revenue settlement was about to begin.

After more than half a year of hard work, it is finally time to reap the rewards.

Leshi.com building, high-rise conference room.

Unlike in the past when only Meng Bai and Gan Wei communicated privately, today both sides brought a lot of people.

In addition to Gan Wei, there were also many executives and financial personnel from Leshi Films on Leshi.com. The leader was a middle-aged man who looked ordinary. The only distinctive feature was his sparse and shiny forehead.

This man's name is Liu Jun, and he is the deputy general manager of Leshi Films. Meng Bai had met him once before at a celebration banquet.

"I wanted to say at the banquet before that President Meng is indeed a young and promising man, a talented young man." Liu Jun said with a smile.

"Mr. Liu, you're too polite. To be honest, it's all thanks to the support of our Leshi.com and Mr. Gan that we have achieved today's results."

Meng Bai replied politely, and at the same time secretly noticed in his heart that Liu Jun was sitting in the first seat, and Gan Wei was sitting next to him.

This detail illustrates two points. One is that Liu Jun's position in Leshi.com is higher than Gan Wei's - which is actually normal. Although Gan Wei is the boss's wife, she does not have much power in Leshi.com. This is also the reason why she has always wanted to invest in various film and television dramas. After all, only with interests can one have a say.

Secondly, it is also said that today's meeting is different from the previous ones. It is no longer a personal relationship between Meng Bai and Gan Wei, but a formal cooperation with Leshi.com.

It seems less intimate and more serious, but it also shows that Leshi really puts Meng Bai in the position of a collaborator.

After thinking this through, Meng Bai had a rough plan in his mind for the subsequent profit-sharing negotiations and future cooperation.

Like Leshi.com, Meng Bai brought two people this time.

Next to him, a woman wearing glasses and a standard OL professional suit stood up slightly and introduced herself to the opposite side: "Hello everyone, I am Chen Jing, the director of the finance department of Arclight Films. The person next to me is my assistant, Hua Yan. This time, I will be mainly responsible for coordinating the financial and capital transactions with our website."

Arclight Films is the shell company that Meng Bai registered before. Until today, he was the only boss.

And this Chen Jing is the first employee of Arclight Films.

Previously, Meng Bai asked Hua Yan if there were any suitable seniors to introduce to her. This girl was really interested in this. After looking around among the people she knew but couldn't find anyone suitable, she asked a professional teacher to find a senior, Chen Jing.

It is said that after graduation, this senior sister worked in finance for a Fortune 500 company. Later, in order to take care of her family, she returned to her hometown in the county, found a startup company, and single-handedly built the company's financial management system.

As for why such an accomplished person still needs to find a new job, Chen Jing's own answer is: "My parents have been urging me to get married, and I am too lazy to go on blind dates, so I plan to return to Beijing."

Meng Bai also needed a "big boss" who could help support his shell company, so the two of them hit it off and started working on the spot.

As for Hua Yan, who also came with them, it was purely a gift. This "Lolita girl" is a senior this year and has not found a suitable internship company, so she just wants to take a break with Meng Bai.

She is very aware of her own abilities and said that the internship salary is up to her own discretion, as long as she can get an internship certificate in the end.

Sure enough, when it comes to cheap labor, college students are the best.

After a few pleasantries, the two sides began to discuss the topic of the day. The staff of Leshi.com took out a document of several dozen pages and handed it to Meng Bai. "This is the detailed broadcast data, advertising traffic, and new members during the broadcast of Soul Ferry. Mr. Meng, you can take a look." Liu Jun said.

Meng Bai opened this rather substantial data report. Chen Jing looked at the previous statistics and financial statements. He was mainly concerned about the final total revenue and his share.

According to the current profit model of video websites, the income of an online drama mainly includes three aspects.

One is advertising fees, which is the bulk of the revenue for online dramas. Whether it is the advertisement before the video starts, the advertisement inserted in the middle, or the patch advertisement on the website page, the corresponding advertising fees will be paid according to the different positions and the data of the work.

The second is the newly added membership fee, which is mainly divided into two parts. One is that users buy membership directly on the work page. The share of this will be very high, up to one-third of the membership fee; the other is the viewing time of member users on the work, generally according to the rating of the work, and they will receive different sharing fees.

The third is the cost of the copyright of the work itself, such as selling it to other website platforms, or selling it overseas, etc. However, this requires subsequent operation and development, and has nothing to do with Meng Bai for the time being.

Meng Bai turned to the end of the document and read the summary directly.

According to statistics from Leshi.com, the total revenue of the drama "Soul Ferry" is 3642 million, including advertising fees brought by million views and the share of more than new members.

According to the profit-sharing ratio signed previously, Arclight Pictures accounts for 26%, which means it can get about 947 million.

Meng Bai calculated it in his mind again. According to the private cooperation between him and Li Qin, the girl could get more than 240 million, and he could get 700 million.

Seven million!
Meng Bai's breathing suddenly became heavier. What does seven million mean? That's a seven followed by six zeros!
Six zeros!

From today on, he no longer has to use his six-digit password to protect his four-digit deposit.

Should I buy a house first? The current housing price in northern Beijing is only over 30,000 in the city center, and 7 million can buy... 200... huh?

I opened the calculator on my phone and did some calculations. Based on the average price of 3, million can only buy a house of about square meters.

Why is it so little? Meng Bai frowned.

Why is it that no matter how much money it is, once it is linked to a house, it instantly becomes insignificant.

While Meng Bai was looking at the distribution, Liu Jun on the other side was also observing this young man.

He knew Meng Bai's experience and knew what such a huge sum of money meant to a young man who was not rich.

Honestly speaking, as long as this young man doesn't dance with joy on the spot, he can be considered to have great self-control.

Looking at Meng Bai again, although he was obviously happy at the beginning, he did not show any unnecessary expression, which undoubtedly made people look at him with higher regard.

But then he saw him take out his mobile phone to calculate, and then frowned, which made Liu Jun feel a little confused - no way, could it be that this young man was not satisfied with this result?
Is the pattern so big?
Thinking of this, Liu Jun said, "We have just started to explore the online drama market, and the number of members of each website is still in the initial development stage, so the current upper limit of revenue is definitely not as high as that of TV dramas. But this is just the beginning. We believe that as the online drama market prospers, the revenue of online dramas will inevitably rise."

"Mr. Liu is right." Meng Bai nodded in agreement.

It is indeed a big company. With a revenue of more than 30 million, people think it is just for market entry. The pattern is really grand.

From this point of view, there is no need for me to be so excited about the “little” income of 7 million. I still need to continue working hard.

(End of this chapter)

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