Becoming Rich with Daily Scavenging APP-Chapter 527: The Film Industry Winter

"I plan to acquire a payment company with a payment license, completely." Chen Yiyang expressed his idea.

This is also a common approach for large companies now.

Including Ugly Group and Heartbeat, they are all doing it this way.

Don’t even think about getting a new payment license; the upper management won’t open this door.

On one hand, the existing payment licenses are sufficient for market use, and on the other hand, once this door is opened, those with connections can simply get a license approved and sell it for billions, which is of no use to societal development.

Therefore, now large companies mainly focus on acquiring companies with payment licenses.

Chen Yiyang found a company with a license. This company essentially has no specific business, and cannot pass the impending review, so they urgently need to sell the license.

Money is not the issue; the core problem is that Chen Yiyang also needs approval to acquire this company.

Following the normal approval process is quite difficult, Chen Yiyang hopes that Lin’an City can intervene from above to make the process go faster and smoother.

"I see." Upon hearing that Chen Yiyang didn’t want a new license, Yang Chengru was relieved and said he would use his family’s contacts to communicate upwards.

The result of the communication came back quickly.

The approval can quickly pass through normal processes, but there are some additional requirements.

"The upper management hopes you can help solve the film industry winter problem." Yang Chengru said.

"Me, solve the film industry winter?" Chen Yiyang was baffled.

"I’m just dabbling in the film industry, playing around with investments, no theater chain, no production company, why is this task being given to me?"

"Probably because your investment results in the film industry have been too outstanding." Yang Chengru explained,

"In recent years, you’ve invested in almost every film that made big money. Once or twice could be luck, but such consistent success can only prove that your insight in the film industry is truly beyond the average person’s abilities.

If you can identify which films will make money, perhaps you can also produce good films."

Yang Chengru’s words truly left Chen Yiyang speechless.

He didn’t expect it to be this situation.

However, if he were in leadership, it seemed quite normal from a leader’s perspective.

More abilities require more responsibilities.

Hmm.

That’s quite right.

The payment license needs to be acquired quickly, and the film industry winter certainly needs to be resolved swiftly.

The simplest reason for the film industry’s winter is the lack of watchable movies on the market.

Investing in new film productions would not be timely.

Chen Yiyang needs to quickly obtain the license to reduce the funding payment costs of Yiyang Flash Sale.

Are there any films among those he’s invested in that could shoulder this responsibility?

Chen Yiyang suddenly recalled intelligence saying that investing in Nezha the Demon Child’s second installment could yield massive returns.

The investment return on the first installment was actually already very high, with a final box office of nearly six billion.

And that was still with untapped potential.

The viewing potential of the Nezha animation series is different from that of sci-fi films like Earth Wandering.

Although Earth Wandering 2 secured over five billion in box office for both its first and second installments.

Sci-fi films remain a niche area domestically.

The reason a niche domain can achieve over five billion in box office is simply because the domestic population is huge; even niche fields can achieve terrifying results if the potential is fully exploited.

The potential represented by the six billion box office of Nezha’s first installment is even more daunting.

Because even though Chen Yiyang invited many celebrities for promotion in the first installment, the coverage was actually quite limited.

Afterwards, Chen Yiyang conducted an investigation; many people knew about Nezha the Demon Child through illegal copies or online resources.

For these people, if Nezha the Demon Child’s second installment releases with normal pricing, this time they would choose to go to the cinema directly.

It is estimated that the number of domestic illegal video resource users or online video platform users is at least double that of offline cinema users.

With a six billion box office for the first installment, then converting fifty percent of illegal users or online resource users would result in over a hundred billion in the box office, right?

Honestly, when this number popped into Chen Yiyang’s head, he really wanted to slap himself. 𝚏𝕣𝐞𝗲𝐰𝕖𝐛𝐧𝕠𝕧𝚎𝚕.𝐜𝚘𝗺

Really daring to imagine, huh, a film with a hundred billion box office.

Chen Yiyang, while calling Yang Zhou to inquire about the production progress of Nezha the Demon Child, also consulted some industry experts for analysis.

The experts’ analyses were much more conservative.

They believe the sixty billion box office is indeed not the ceiling for the Nezha the Demon Child series.

Based on previous data models, they could envision a box office around eighty billion.

But considering a conservative estimate, the final box office would be seventy billion.

A seventy billion box office film would struggle to resolve the film industry winter, Chen Yiyang wants to combine it with two other successful films for simultaneous release.

Currently, domestic films with guaranteed box office results rely on a particular actor and director.

The actor is naturally Shen Teng, whose starring films have a bottom line in box office.

Shen Teng mentioned he is indeed preparing to shoot a comedy film called Claw Machine.

The script was refined by the Happi Maji team, but it’s estimated to be released after a year.

Chen Yiyang could only first invest some money in them.

As for the director, it is naturally Cheng Siyang.

"I shot a reboot of the Detective Chinatown series earlier, now in post-production."

Cheng Siyang’s response was straightforward, indicating that if Chen Yiyang wants the film to release urgently, he can increase the budget and speed up progress.

Chen Yiyang called Yang Zhou to ask about the post-production timeline for Nezha the Demon Child, which under normal circumstances would take another six months, but if Chen Yiyang is willing to spend money, recruiting teams regardless of cost, the quality and quantity could be achieved in roughly two months.

Cheng Siyang also stated that his new Detective Chinatown series could be released in two months.

Today’s intelligence, phenomenal TV drama: TV producer Xu Liubai is preparing a drama series, investing now in this TV series could seize the opportunity.

Contact information for related figures is attached to page two.

Liubai Film and Television?

After waking up to check today’s intelligence, Chen Yiyang saw the name and felt somewhat familiar.

Thinking carefully, he recalled taking over a film project from Tengxu before, The Longest Day In Chang’an.

This well-received drama series was produced by Liubai Film and Television.

Chen Yiyang immediately checked more specific information.

After completing The Longest Day In Chang’an, Liubai Film and Television produced two more heavily invested dramas, but both received lukewarm responses.

Especially one of which, starring Chen Kun, Wind Rises in Luoyang, had ratings so low it went to grandma’s house.