Chapter 213: Chapter 213: All in the Wine_1

May 28th.

Shen Dong and Chen Yuyan, along with Chen Yuanxiang and Lin Shulei, took a flight back to Hai City.

Chen Yuanxiang and Lin Shulei could have actually stayed in Sha City to have fun for a few more days.

But they did not do so.

The purpose of their trip had already been achieved.

Lin Shulei’s parents had agreed to the two of them being together.

Staying at home, they had nothing else to do; it was better to go back to work.

That day.

Mainstream online video platforms, such as Penguin Video, Youku Video, and Aiqiyi, all made declarations supporting the national campaign against piracy.

Jiang Wenrui, the general manager of Penguin Video, convened a senior management meeting.

"Now that the nation has begun its anti-piracy campaign, we at Penguin Video, being the leader of online video platforms, will definitely be under close scrutiny," he said.

"There are three things we need to do right now: first, completely remove unauthorized works from our site; second, contact copyright operators to purchase rights to popular works; and third, try to buy as many copyrights as possible for various works."

"That’s all I have to say. Does anyone else have anything to add?" he finished, glancing over at everyone present.

He was a decisive person and never beat around the bush in meetings.

Everyone shook their heads.

As the head of Penguin Video, Jiang Wenrui was very thorough in his thinking.

The measures he proposed indeed addressed the most pressing needs.

Other issues could be put off for later.

"Good, then the meeting is over. Everyone do your jobs," Jiang Wenrui instructed.

The national crackdown on piracy would impact the online video platform industry.

Action needed to be taken quickly; otherwise, Penguin Video’s status as the industry leader might be threatened.

At the same time, similar meetings were held at the senior levels of Youku and Aiqiyi.

Suddenly, the online video industry was enveloped in a haze of smoke.

Shen Dong and his group returned to Hai City. As soon as they got off the plane, Shen Dong took out his phone and after switching it on, saw several missed calls, all from Lu Xingzhou, the general manager of Lixing Copyright Company.

Shen Dong immediately called him back.

"I was on the plane; what’s the matter?" Shen Dong asked.

"Mr. Shen, now Penguin Video, Youku, Aiqiyi, and several other video websites have contacted us, wanting to purchase copyright licensing for various films and shows. Should we sell it to them?" Lu Xingzhou asked.

"What do you think? Should we license out right now?" Shen Dong did not directly answer but decided to test the general manager.

"Mr. Shen, I think the prices have just started rising. It’s not the right time to sell. When the price reaches a certain level, then it would not be too late to sell. That’s how we can maximize our benefits," Lu Xingzhou said.

Lu Xingzhou had previously been the vice president of the company, which proved his capability.

His considerations were also very comprehensive.

"Very good, let’s do that," Shen Dong nodded in satisfaction.

...

Penguin Video.

President’s office.

"What did you say? So many film and television copyrights are concentrated in Lixing Copyright Company? And they’re not selling?"

Jiang Wenrui was very surprised to hear a vice president’s report.

"Yes, Lixing Copyright Company has invested five hundred and fifty million yuan in the last period to accumulate rights to various works, including films, music, and novels. Now it holds a dominant position in the industry," the vice president said.

"Don’t tell me the works produced by our own Penguin Film Industry have also been sold to Lixing Copyright Company?" Jiang Wenrui, suddenly thinking of something, asked in a hurry.

"Mr. Jiang, indeed that is the case. Sixty percent of the works produced by Penguin Film Industry have already been sold to Lixing Copyright Company," the vice president said with a bitter expression.

"Are they pigs? To have sold sixty percent!" Jiang Wenrui could not help but curse.

"Mr. Jiang, you can’t blame them. Who knew the nation would take action?" the vice president replied bitterly.

"You’re still making excuses for them?" Jiang Wenrui glared fiercely at the vice president.

The vice president no longer dared to speak.

"Ah, Lixing has invested five hundred and fifty million yuan to acquire rights to these works. Xu Fei is really going to make a fortune this time. He always said he was struggling; now it seems he’s about to turn the tables," Jiang Wenrui sighed.

He knew Xu Fei. The guy was about to strike it rich.

"Mr. Jiang, Lixing Copyright Company’s owner is no longer Xu Fei. A while back, Xu Fei sold the company to Dongyan Investment," the vice president said.

"What!" Jiang Wenrui was even more surprised, and at the same time, he had a bad premonition.

This Dongyan Investment was at odds with Penguin Film and Television.

He was aware of this. Some time ago, Penguin Film and Television wanted to invest in "I Am Not a Pharmacist" and approached Dongyan Investment’s boss, Shen Dong, to ask for a forty percent stake.

Shen Dong did not agree, and later Penguin Film and Television created obstacles to prevent "I Am Not a Pharmacist" from passing the review.

It was only after Wang Xiaocong intervened that they let it go.

Now with Lixing Copyright Company in the hands of Dongyan Investment, would Dongyan’s boss, Shen Dong, make things easy for them?

...

Evening.

Shen Dong went to a restaurant for a dinner party.

Upon entering the private room that Zhou Chengyu had mentioned, Zhou Chengyu and his two companions were already waiting inside.

Wang Xiaocong was not in Hai City but in Jing City; he had come from Jing City specially to attend the dinner party.

When there’s money to be made from an investment project, a celebration is a must.

"The price of film and television copyrights has already increased more than tenfold, which is making my heart race, haha."

"Shen Dong, we owe it all to you. Without you, the three of us wouldn’t have had the opportunity to make this money. Let’s drink to you," Wang Xiaocong said, grinning and lifting his glass.

"Shen Dong, no need to say anything else, it’s all in this drink."

"All in this drink!"

Zhou Chengyu and Wan Pengfei also lifted their glasses.

The three of them had invested a total of three billion yuan, aggressively buying up copyrights.

Dongsheng Company was now second only to Lixing Copyright Company as a copyright firm.

"You had the guts to invest, so you deserve to make money. I just provided a direction," Shen Dong said, smiling as he raised his glass.

The four of them clinked glasses and drank up.

"Many video websites called our company’s general manager today, saying they want to buy copyrights. You must have received the news too," Wang Xiaocong said.

Like him, they were behind-the-scenes bosses like Shen Dong, leaving the management to others.

"The general manager has already told me," Shen Dong nodded.

"Our two companies now have almost eighty percent of the industry’s film and television copyrights, occupying an absolute monopoly position, with the power to set prices. Shen Dong, how much do you think we should wait until the price increases before we sell?" Zhou Chengyu asked.

The four of them were virtually the four magnates of the industry, controlling these resources. They could easily bankrupt any video website.

"Let’s sell when the price increases about fiftyfold," Shen Dong said after some thought.

The system had given him information that the price should be fiftyfold.

Of course, this was just the average price. For high-quality works, the price wouldn’t be like this; they needed to increase by at least a hundredfold.

"Increase fiftyfold? That’s so high!" Wan Pengfei exclaimed in surprise.

Search the lightnovelworld.cc website on Google to access chapters of novels early and in the highest quality.

Tip: You can use left, right keyboard keys to browse between chapters.Tap the middle of the screen to reveal Reading Options.

If you find any errors (non-standard content, ads redirect, broken links, etc..), Please let us know so we can fix it as soon as possible.

Report
Follow our Telegram channel at https://t.me/novelfire to receive the latest notifications about daily updated chapters.