My wife is in my arms

Chapter 1229 Shareholders' Meeting III

soon.

There was a sound of footsteps outside.

The shareholders in the meeting room immediately stopped talking, and two shareholders who were exchanging investment insights also subconsciously sat up straight.

Last year, even when Chairman Lin walked into the meeting room, they still talked as usual.

This year is different.

Once this annual report is released, the shareholders of Tianyu Entertainment will have to change their attitude towards Chairman Lin, because the company has developed so well under her wise leadership.

If you want others to look at you differently in this society, you have to achieve corresponding results.

As she entered the conference room, Lin Bao'er, dressed in a gray business suit, looked around. Seeing that none of the company's shareholders showed her the disrespect they had in previous years, Lin Bao'er didn't say anything.

She sat down in the chair at the very front.

After Chairman Lin sat down, Song Lan pressed a button on the remote control, and a chart showing the company's performance growth appeared on the large screen at the back of the conference room, accompanied by Song Lan's explanation.

"In the second half of last year, the company entered a period of rapid development. In the film and television sector, the films 'Goodbye Mr. Loser' and 'The Truman Show,' which the company invested in and distributed, were very successful. In addition to these two films, the company also participated in the investment of 'The Palace' with Xiaowan Entertainment and several other investors. Besides these, there are two other films in which we have invested. 'Crazy Stone' has been completed and is currently in post-production. The company has already confirmed its release during the Spring Festival, and we believe that this film will also bring good returns to the company..."

After discussing the film and television sector, Song Lan then explained the short drama segment, saying, "The company's short drama business has also experienced explosive growth, with several series achieving tens of millions of views. During this period, some short dramas have even caught the attention of foreign film companies, who have purchased the remake rights."

Lin Bao'er also turned to look at the big screen.

Last year was the best year for the company since she took the helm of EE-Media.

In terms of film and television, the two films released brought the company hundreds of millions of yuan in net profit. The number of short dramas was not much, only tens of millions of yuan. However, short dramas have small investment, short production cycles, and very quick cash out, and have become an important pillar of the company's industry.

It's mainly in the film and television industry.

Even if a short drama becomes popular, it is still a short drama, and its hidden value is not high. Unlike film and television, the success of a movie, in addition to the direct benefits of box office revenue, also includes the rise of celebrities and directors.

Just like Shen Jiaming, his salary used to be only a little over one million yuan, but with the huge success of "Goodbye Mr. Loser", his salary increased several times over. He only took on the role in "Crazy Stone" because the project belonged to the company and he only received a few million yuan in salary. According to the market's quote for him, his salary for a single film has reached more than six million yuan.

Once "Crazy Stone" becomes a box office hit.

His salary needs to be increased by several million.

This is why many entertainment companies promote their actors so much; only when their artists become popular can the company make a lot of money.

"Next, let's talk about songs. Our company also achieved great success in this area last year. Ma Chu's 'Until the End of the World' sold over 60 million copies, becoming a phenomenal hit. In addition, 'I've Crossed the Ocean to See You' also sold very well..."

Then there's the variety show aspect.

As Lin Bao'er listened, she would occasionally glance at the shareholders' reactions. Seeing that everyone was watching very intently, Lin Bao'er was quite disappointed. She was thinking that if any shareholder jumped again today, she would ask them to leave immediately.

Unexpectedly, they were all very honest.

However, Lin Bao'er thought about it and realized it was quite normal. In the past, at shareholders' meetings, she couldn't deliver results, meaning she couldn't bring in much profit for the shareholders, so naturally, they were dissatisfied. Last year was different. The net profit was so high, and all the shareholders' shares appreciated three or four times. There were dividends, and the shares were worth more money, so everyone was naturally satisfied.

Ultimately, it's because the profits are so high that they've silenced these people.

After Song Lan summarized the company's achievements last year and outlined a plan for this year's development, Lin Bao'er finally spoke up, asking with a smile, "Now that everyone has finished reading, what are your thoughts?"

"very good"

Lu Ye was the first to speak.

"I've taken a look at the information about 'The Voice of China,' and the concept is indeed very innovative."

Gong Nianhua began, "However, Chairman Lin, there's something I don't understand. Even though this program was jointly invested in by the company and Director Zhang, the company bears all the operating costs, which is unreasonable. I'm not questioning your abilities, just stating my personal opinion."

"Does anyone else have any objections to this?!"

Lin Bao'er looked around and saw that two shareholders had actually raised their hands. She wasn't angry; instead, she nodded and said, "This does seem unreasonable, but everyone has forgotten one thing. While the operating costs are borne by the company, all four mentors on this show are signed singers of the company. Now that the show is so popular, it greatly helps boost the popularity of the four mentors. There are also the contestants. Because of this show, the company has signed several singers who have gained fame through the show. This has saved the company money on promoting artists. At the same time, the songs performed by the contestants can also bring renewed popularity to the original singers."

"Then let's buy an idea from Director Zhang."

Gong Nianhua said with a smile.

"I'm sure everyone has already read the annual report."

Lin Bao'er didn't answer directly. Instead, she changed her approach, saying, "Once the annual report is released, the company's stock price will inevitably rise. At that time, I would like to buy back the shares from all of you shareholders. Are you all willing?"

Gong Nianhua fell completely silent.

No one else spoke either.

"Look, nobody wants to sell! Knowing that their shares are about to appreciate in value, who would want to sell? So do you think Director Zhang would sell the variety show idea?! He's not stupid."

Lin Bao'er couldn't help but laugh as her gaze swept across the faces of the various shareholders.

Today's shareholders' meeting was the most satisfying one she had held in recent years. In previous years, she would say one sentence and the shareholders would say ten.

The meetings often ended badly, and if it weren't for her father's shares, her own veto power, and the fact that these shareholders had long ago joined forces to remove her as the head of the company.

They would never be as obedient as they are now.

They must have been stunned by the total revenue and net profit in the annual report.

Such achievements are remarkable, even if the film and television industry had been in a downturn for years, or even during its heyday. Among entertainment companies, these results would be absolutely outstanding.

Even she herself was shocked by the numbers when she received the year-end reports from various departments, despite being mentally prepared.

Did I really create this myself?!

(End of this chapter)