Internet moguls are being held hostage by the entertainment system!

Chapter 48 Establishment of a Film and Television Studio, Named Datang

November 10th, Jinqiu Garden.

After having breakfast, Chen Xiu opened the stock trading software on her computer and was immediately greeted by a sea of ​​red light.

From July 2014 to June of next year, the A-share market has ushered in a spring.

This spring is truly a time of vibrant life and flourishing of all things...

In his previous life, Chen Xiu had personally experienced the thrilling process of going from the foot of the mountain to the top, and then jumping off the vehicle halfway up the mountain.

With his experience, he seized the opportunity this time, taking the 70 million he earned from the World Cup and entering the market in September, where he began to operate discreetly.

Looking at the nine-figure sum in her account, Chen Xiu was satisfied with her current profit.

After turning off the full-screen red light, Chen Xiu opened a Word document titled "Douyin App Project Plan," which contained various outlines outlining the software's development direction.

Last month, after he suggested starting a company together, Zhang Yiming considered it for a few days and finally agreed.

Because both of them knew very well that if Zhang Yiming didn't agree, Chen Xiu would start her own business along this line of thinking...

Analyzing the objective conditions, Chen Xiu has start-up capital, a team of programmers capable of quickly building a mature management structure, and resources from internet giants like Tencent, so she is not lacking in financing channels at all.

He already possesses the basic requirements for starting a business.

What's lacking is nothing more than massive amounts of information and data, as well as core algorithms for big data recommendation, both of which ByteDance possesses.

However, what ByteDance lacks are funds, time, and talent, which Chen Xiu has.

What each party lacks, the other can make up for; cooperation benefits both.

After weighing the pros and cons, Zhang Yiming considered that Chen Xiu was also a shareholder of ByteDance, so it would be reasonable for them to jointly start a company and share the profits.

The cooperation agreement has been reached, and the project is tentatively scheduled to start in March next year.

Before that, Chen Xiu needed to stand firm in her last post at Didi and independently develop Douyin's early development plan.

Time always seems to fly when you're engrossed in your work.

Just as Chen Xiu felt a pang of hunger and stopped working to think about what to eat, his phone rang.

"Dingle bell! Dingle bell!"

Chen Xiu glanced at the unfamiliar caller ID on the screen, frowned, but still answered the phone.

"Hello, who is it?"

"Mr. Chen Xiu, hello. I am the editor-in-chief of a Shanghai publishing house. My surname is Hu. Do you remember the suspense novel 'Detective Chinatown' that you commissioned us to publish this July?"

"I remember. Is there anything I can help you with?"

"Well, based on the data feedback from the past three months, the novel's sales have been very good. We're planning a second printing and wanted to confirm with you whether we could arrange a time for an offline book signing or something similar."

Upon hearing that the novel she had plagiarized had become a hit, Chen Xiu merely raised an eyebrow, showing little joy.

"For a second printing, do we need to sign any new contracts? I don't have time for offline book signings."

"No need for a re-signing, I just wanted to let you know the situation. If there's no time to arrange a signing event, it's not a big problem. There's just one more thing..."

Editor-in-Chief Hu spoke hesitantly, as if he had something difficult to say.

Not wanting to waste any more time, Chen Xiu asked directly, "Is there anything else?"

"Um, a film and television company has contacted us, wanting to buy the film and television rights to our novel. I was wondering if you'd be interested?"

"This is not for sale. Is there anything else?"

"Gone……"

"Okay, bye."

After politely ending the call, Chen Xiu did not immediately order takeout. Instead, after pondering for two minutes, she sent a summons message to Wei Feng and Xiong Ben, who had been waiting for her.

"I've already thought of my plans for the future. Shall we have dinner together later?"

"Received!"*2
Seeing their instant replies, Chen Xiu confirmed the restaurant with Wei Feng and Xiong Ben. When she arrived at the restaurant, she found that Wei Feng and Xiong Ben had already arrived, and they both got up to greet her.

"Boss, you finally found me!"

"Last time you said before mid-November, but I haven't exceeded the deadline."

Chen Xiu reached out with her right hand to press down on Wei Feng's shoulder to prevent him from lunging at her, and then clenched her left fist to bump it with Xiong Ben's.

After exchanging greetings, the three returned to their seats.

Chen Xiu looked up at the table and saw a steaming brass pot in the center, filled with glowing charcoal, with plates of fresh lamb and dipping sauce for three people on the side.

Eating mutton hot pot in late autumn is quite fitting...

"Boss, you called us out, have you already figured out what to do next?"

Wei Feng, being a free spirit, took the initiative to start a conversation.

Chen Xiu glanced at the mutton and the copper pot again and replied, "I do have an idea. Why don't we eat and talk?"

"Okay, let's eat and chat."

"I'll make the sauce!"

Wei Feng and Xiong Ben spoke one after the other, and it was clear that they only truly relaxed after Chen Xiu said those words.

After taking the sauce that Xiong Ben had prepared for her, Chen Xiu tried to sort out her thoughts while cooking the mutton.

After the three of them finished the tenth plate of mutton, Chen Xiu suddenly put down her chopsticks and wiped her mouth.

"I plan to set up a film and television studio. Initially, I will be responsible for my personal acting work. In the future, I will be involved in film and television production and distribution, and I will also sign artists and gradually develop into a traditional film and television company."

Upon hearing this, Wei Feng and Xiong Ben both put down their chopsticks and focused intently on Chen Xiu.

"I've initially envisioned a position for you. Monkeys are outgoing and well-suited for liaising with others and handling relatively tedious and specialized tasks. Initially, I'd like you to serve as my agent, and gradually take charge of the company's daily operations and legal matters."

"No problem! I'm good at these things!"

Wei Feng readily agreed. After accompanying Chen Xiu to the audition for "Diamond Lover," he had already guessed that Chen Xiu had the idea of ​​starting a film and television company.

It's just that what we expected has been verified, so it's not surprising.

As for future development... Wei Feng absolutely believed that Chen Xiu would not treat him unfairly!

Having made arrangements for one, Chen Xiu turned her attention to Xiong Ben.

“Big Bear, you will be my professional manager. Your job will be to be responsible for my daily travel and to liaise with others. I will gradually assign you other tasks in the future.”

"Boss, I'll listen to you."

Xiong Ben's robust physique and quiet nature easily give people the impression that he is very reliable.

After discussing the job content, Chen Xiu talked to the two about their compensation.

"Your base salary is the same as Didi's, and your previous benefits will remain unchanged. In addition, there will be a performance evaluation, and the performance evaluation will be part of my fee. You two will each receive 10%, after tax."

"Understood!"*2
Considering the value of the stocks she held, Chen Xiuzhen didn't care much about the paycheck; she wasn't short of money anyway.

As Wei Feng and Xiong Ben are his close associates, it's not wrong to be generous to them.

"Okay, that's all! Get ready, I'm going to Shanghai to film at the end of the month."

"Boss, what's the name of our film and television company?" Wei Feng asked, raising his hand.

Judging from his eager expression, if Chen Xiu said he hadn't thought of a name yet, Wei Feng would probably be happy to offer some ideas.

Unfortunately, Chen Xiu had already made up her mind.

"I like the name Datang Film and Television."

(End of this chapter)