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394 The direction of web novels

The acquisition of Tesla's stock involves two top companies and many contenders, but if Citibank has given enough benefits, the other party will naturally serve him with all his strength.

Of course, this kind of acquisition is not necessarily successful. If you don’t seize this opportunity, you can only continue to acquire in the secondary market. If you spend a little more time, you can also acquire a lot of shares.

Citibank's US headquarters attaches great importance to this cooperation, not only because this acquisition involves one billion US dollars, but the commission and loan profits may exceed one hundred million US dollars. More importantly, we can take this opportunity to establish a relationship with the most potential Internet giant in China. Once a long-term cooperative relationship is formed in the future, profits will continue to come.

Three days later, Citibank sent two business representatives to meet Zhou Yujie. It took two hours to negotiate various cooperation plans before leaving with satisfaction.

"Mr. Zhou, is it a bit too high to give Citibank such a high rebate?" Lin Youde asked.

Zhou Yujie smiled and said, "If the profits are high, they are more willing to help us win Tesla stocks. As long as these stocks can be obtained, what does this rebate count?"

If you want the horse to run fast, it is not enough to give it to grass, you have to give it to corn, sorghum, and bean cakes. As long as you can achieve your strategic goals, you don’t need to pay too much attention to other details. Tesla’s stock can be more than ten times in 20 years, and the so-called rebate is just a drop in the bucket.

Lin Youde didn't ask any more and said, "Mr. Zhou, recently, Shanda news came out that Chen Tianqiao intends to immigrate, and the entire Shanda Group may be sold. Baidu, Alibaba, and Tengxun seem to be interested in starting. What should we do now?"

"We won't touch Shanda Literature, Shanda's other businesses." Zhou Yujie said bluntly.

After experiencing the glory of the richest man in China, he sank for nearly ten years, which has almost wiped out Chen Tianqiao's sharpness.

After the emergence of mobile Internet, Chen Tianqiao felt that there was another possibility, so he made several plans, intending to share a cup of mobile Internet soup, but over the past few years, he had almost no gains, and instead consumed a lot of the company's cash reserves.

In addition, I am old and although I am in good health, my energy can no longer keep up. So like many rich people, I have made enough money in China and naturally hope to immigrate overseas to enjoy it. Before leaving, the results of the entire Shanda Group's business for so many years naturally need to be exchanged for cash.

Shanda Group has many high-quality assets, and Shanda Literature is just one of them, with a value of about 20 to 30 billion yuan, while Shanda Games, Payment, Cool 6, and APP markets have a total value of nearly 10 billion yuan.

With the current situation of Toutiao, it can be turned over. If you buy these businesses, it will not be a loss, but it is not necessary for Toutiao's strategic layout, so Zhou Yujie naturally has no interest in acquiring them.

Lin Youde said: "I had contacted Chen Tianqiao once a while ago. He obviously wanted to sell Shanda all at once, which would be a troublesome thing for us."

"He just felt it was troublesome." Zhou Yujie smiled and said, "But no matter what, his ultimate goal is for money. When you ask him next time, you tell him that Toutiao only wants to acquire Shanda Literature, and the funds will be deposited in one go. If Chen Tianqiao is willing, Toutiao can also take out some of its companies' stocks for exchange."

"Share? OK, I understand." Lin Youde was stunned for a moment, but then he quickly reacted.

With Toutiao's current cash reserves and credibility in the bank, it is easy to pay hundreds of millions of dollars, but the boss is willing to take out a small part of the stock transaction, which obviously attaches great importance to Shanda Literature.

However, this does not have much impact. There will be a large portion of the cash itself, and it is impossible to give too much shares. This is also a way for many companies to merge. It can not only quickly reach transactions, but also retain the other party's senior management with equity to ensure the stability of the acquired company.

Zhou Yujie then asked: "Our own literary business has a history of one year, how are our grades?"

Lin Youde said: "We have dug up a management team from Shanda, and the author has also opened many guaranteed contracts. The number of book publishers has exceeded 10,000. In addition, Toutiao uses big data recommendations to distribute these novels to potential readers. The results are not bad, but they are much worse than Shanda. Especially in terms of content, there are a large number of platinum writers there, and they have signed contracts with a very high breach of contract. The Legal Department recommends that we wait until their contract expires before digging them."

"Just get results. This kind of content industry cannot be quickly developed by traffic." Zhou Yujie nodded and said.

Lin Youde said: "In recent times, the manuscript fees of Toutiao have become higher and higher. I think it should be more and more attractive to the authors there."

The big data of Toutiao plus its own user base may exceed the number of readers of Shanda Literature. However, in terms of content, Shanda Literature has been operating for more than ten years. The author team is very strong, and it can be said to be the number one in the industry. With its huge fame, it is also very attractive to newcomers.

If Toutiao wants to expand its novel business, it is not enough to have traffic alone, and a strong author team is also a must.

The group of online authors also belongs to netizens. As netizens, most people do not like changes. Just like when an APP is revised, no matter how well it is, many netizens don’t like it. They will like the old models before. This has nothing to do with whether it is good or not, the main thing is habits.

While online authors are netizens, they also rely on this to make money, so they are even more resistant to changes. Toutiao has paid a guaranteed fee to poach people, which is difficult to work. Only some ordinary authors who are written in Shanda Literature are willing to try it.

If you want to poach people in large quantities, you can only wait until the royalties of Toutiao start to exceed Shanda Literature.

"Okay, then we will proceed at the same time. We try to acquire Shanda Literature and continue to operate Toutiao's business department. If the negotiations with Shanda are not going well, then just talk to me directly about the high price to dig platinum writers. At worst, we can argue with Shanda in the court again." Zhou Yujie decided.

"Okay." Lin Youde nodded and said, "Mr. Zhou, Wu Weibin, the head of the novel business department, suggested to me a few days ago that all novels will be changed to free, and then make profits by placing advertisements and share the money with the author.

If you change the charging model, the readership of novels will immediately expand by more than ten times. In addition, the number of netizens will increase significantly in the future, and the advertising revenue should not be lower than that of subscriptions."
Chapter completed!
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