Reaching the age of thirty, my income randomly doubled-Chapter 675 - 485 Happy National Day

Chapter 675: Chapter 485 Happy National Day

In the blink of an eye, it’s October again, the seven-day National Day holiday.

The family didn’t go anywhere, and The Bund in Magic City was bustling as always.

Many tourists from other places came here to travel.

Sitting by the balcony and looking down, it was packed with people.

The prosperity of Magic City naturally continues to attract people.

Song Yanxi, who hasn’t cooked at home for a long time, called her sister Song Wu, Yang Changwen, Chen Qi, Hu Lin and other relatives to have a family dinner today.

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After all, it’s the National Day, and it definitely needs to be lively.

Er Piya and Chen Qi’s son Hu Qilin, and Song Wu’s little fatty Yang Chaoqun sat in the living room, flaunting their Er Congming account.

She is very famous online, and Song Wu has long known about it.

She was just a bit puzzled, logically, her brother-in-law should have blocked this account long ago.

Back in the day, spoiled brat liked to live stream too, almost every video that went viral got blocked.

At that time, she thought it was a platform issue, and almost asked her Dad to buy the entire platform.

Only later did she realize it was her Dad who had blocked them.

That was also why she gradually stopped live streaming.

Now Er Ya is playing at home again, and quite showy at that.

With eight million followers, she has become the most popular little internet celebrity on the web.

Her need for space also keeps growing, Chen Pingsheng simply bought another large flat with seven rooms, three living rooms, and four bathrooms upstairs.

The area is six hundred eighty square meters.

Removing the shared parts, the actual area is just over five hundred.

Given the current housing prices, it is valued at 1.2 billion.

The main reason for buying this house was for convenience, so there’s no need to go to the Tan Palace Villa for gatherings anymore.

In some ways, living in a large flat is a bit more comfortable than those detached villas.

This is also the main reason he bought this house, the key being he likes the location near The Bund.

Two steps out the door and there’s Nanjing Street.

In such a big house, children play with children, adults chat with adults, and it’s not noisy at all.

Song Wu touched her own belly, “Sis, I’m pregnant again.”

“That’s wonderful, you were bound to have a second child, it’s just uncertain whether it’s a boy or a girl.”

“It should be a boy, I think he is quite mischievous, and he often even kicks me.”

Song Wu was quite happy, talking about this made the corners of Song Yanxi’s mouth unconsciously twist.

“You’re mistaken, the mischievous ones are definitely girls, see how well-behaved Chen Lu is, almost to a fault.”

Chen Lu, still in split pants, inexplicably looked at his mother again.

Not knowing why he was being mentioned again.

Soon he found out, it wasn’t just the girls in the neighborhood who bullied Chen Lu.

Even the little fatty Hu Qilin could bully him.

Not to mention Er Piya, apart from her own sister, she could beat two kids by herself.

“Isn’t it good to be a little honest?”

That was Chen Qi asking, her husband is very honest.

So honest that in all these years, he hasn’t been promoted at all.

That’s with Chen Pingsheng, his big cousin, around, and you can imagine how extreme that is.

Song Yanxi didn’t even want to respond to her question, Chen Lu is different, he is the only male at home.

He really can’t afford to be too honest.

It was Song Wu who started talking about her serious matters.

She not only wanted to start a company focused on internet celebrities but also an entertainment company.

After all, she and Yang Changwen had exited from the entertainment industry, but still, have certain dreams about filming.

Adding to the fact that they have money now, they want to make money while doing something they truly love.

“Don’t ask me about this, why don’t you ask your brother-in-law instead?”

Song Yanxi told her frankly, “Your brother-in-law has cashed out his shares in Tengying Entertainment down to only 10%, do you know why?”

“It’s probably because making money from film production isn’t that good anymore.”

Song Wu knew that Tengying Entertainment had always been the largest film and television group in the industry.

However, she really didn’t know much else.

Song Yanxi sighed, “That’s because given the current situation of the industry, it can only support a company with a market value of one hundred billion at most. Moreover, if it weren’t for Tengying Entertainment’s earlier investments in Yateng Short Drama, Xin Teng Live Streaming, and Teng You Media.

“Tengying Entertainment would have been incurring losses a long time ago.”

“Losses?” It was the first time Song Wu had heard such news.

It was surprising to know, especially since at least one-third of all A-list celebrities are signed with Tengying Entertainment.

And now, of the newcomers whose names are known, Tengying Entertainment holds at least half.

Such a strong entertainment group could actually be losing money!

This was not an exaggeration at all, and Song Yanxi also explained the reasons to her.

The main reason is that the payments to actors in the industry have risen too quickly in recent years.

Any young popular actor demands tens of millions for a single movie, and various unspoken rules and faked data are something even their large group cannot avoid.

Currently, Tengying Entertainment, for the entire Tengying Group, is responsible for traffic and producing a large number of internet celebrities.

Maintaining the industrial flow of traffic.

Besides this, relying on it to make money is really not realistic.

Song Yanxi made her intentions clear; if her sister still stubbornly wants to act,

Then she wouldn’t stop her.

Don’t think that a few hundred million is a lot in the entertainment industry. Even just one grand production’s costs

Can amount to two to three hundred million.

As for big-budget films, it’s even more exaggerated; investing three to four hundred million is nothing surprising.

The ones who still dare to play this game are either really able to bring in box office guarantees,

Like Shen Teng, Stephen Chow, Wu Jing.

If there’s no top-tier celebrity, but still claims an investment of seven to eight hundred million,

That’s basically money laundering.

Another possibility exists, which is pushing one’s own offspring to become top stars.

Like the Xiang Family from Xiangjiang.

Song Yanxi doesn’t know how stubborn her sister is about making money in the entertainment industry, but she knows losing several billion will straighten her out.

Actually, it’s not just Song Wu who thinks this way.

Mainly, Yang Changwen wants to shoot films; he was just a nobody in the entertainment industry before.

Now that he has money, he obviously wants to show off excessively.

He feels quite uncomfortable not doing so.

After Chen Pingsheng came over from the spoiled brat’s room, he happened to hear them discussing shooting a film and patted Yang Changwen on the shoulder.

“You still want to become a big star?”

Yang Changwen, very obedient in front of him, did not dare to boast.

“Just a little bit of interest.”

“Okay then, how about I call Liu Yifei to be your leading lady?”

“This… this… how dare I!”

Yang Changwen’s head was drawn back as soon as it was mentioned.

Chen Pingsheng wasn’t as polite as his wife.

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“If you two want to spend all the money you’ve saved over the years, then go ahead and film. If not, it’s best to buy more gold.”

The price of gold has risen sharply this year, reaching 270 per gram.

There are grandmas all over the world hoarding gold.

He didn’t know how much his wife had specifically invested, but their family definitely had four to five hundred gold bars.

His little sister-in-law had just saved a bit of money and now wanted to splurge.

She really doesn’t know how to manage finances, still wanting to film movies, not knowing the current state of the entertainment industry?

Alibaba, Tencent, Baidu—these giant conglomerates investing in the film and television groups, every year they incur losses amounting over a billion.

What makes them think they can play in the entertainment industry?