Chapter 328 You can't afford this pot (two in one)
“I am fully responsible.”
When Zhang Xinhua said this, his mouth was full of bitterness.
He actually dissatisfied.
He is the producer of the drama "The Library of Heaven", but when the company invested in this drama, it directly invited a famous director.
The director had a lot of power in the crew, and he basically handled finances, accounts, supervised the crew's financial situation, and ensured that the movie could be completed as scheduled. He felt that these tasks, as a producer, were completed very conscientiously.
If it is true that the quality of the final product has a lot to do with him? He does not admit it.
Before and after the work was launched, as the head of the operation of the "Tiandao Library", Zhang Xinhua felt that there was no problem with her operation strategy to the publicity strategy she discussed with Cao Yufei.
He felt that, in fact, the problem lies in the fact that the quality of the works is not high enough.
"The Way of Heaven" and "The Emperor of Ruzi" are two different types of dramas. They may not be easy to compare, but they have a certain similarity with "Martial Arts". Compared with "The Way of Heaven", the "The Way of Heaven" they filmed is indeed not outstanding enough.
On the eve of the Spring Festival, "The Library of Heavenly Dao" was officially surpassed by "The Emperor of Ruzi".
Of course, this is not about the number of views. That virtual thing can only be used to blow water. To evaluate the commercial value of a work seriously, it still depends on the ability to attract money.
"The Emperor of Ruzi" was originally far superior to "The Way of Heaven", but now it has surpassed its commercial performance. What's more, it is still rising, and it is said that the daily sales are increasing steadily. After the large-scale publicity ended and the traffic was not introduced enough, it entered a period of sluggishness.
Next, "The Way of Heaven" will not even surpass it again, it will be unlikely to maintain the gap. The business performance between the two will increase even more and more over time.
This is being crushed in all directions.
According to the current trend, when the full episode was broadcast, the total sales of "Tiandao" were optimistic, it might only be more than 400 million, less than 500 million. The total investment of this drama reached one billion yuan, which was enough to make a big-produced movie.
Even if you can use other methods to recover some funds in the long term in the future, it is basically unrealistic to completely make up for the high investment.
Comparing revenue and costs, there is no doubt that "Tiandao" will bring huge losses to "Tianhong Entertainment".
According to the audit given by the headquarters of "Tianhong Investment", the production cost, publicity and development investment, and other types of resource investment will be included, and the funds that have been recovered and can be recovered in the future will be reduced. The "Tiandao Library" project will bring huge losses of more than 700 million yuan to "Tianhong Investment".
This level of loss must be someone to take the blame.
Zhang Xinhua is the first one.
When he said the sentence "I take full responsibility" at the executive meeting of "Tianhong Investment".
Not only David attended this executive meeting as the president of "Tianhong Investment", but also all other executives and directors of the company were present. In addition, the company's headquarters in the United States also sent several executives to come.
Even the chairman, who was already in a semi-retired state, came back from his US headquarters specifically.
In front of these people, Zhang Xinhua knew what the words he said meant: he had basically cut off the future in this industry.
No one will use an investor who has had major failures. In the future, it will be as difficult as climbing to the sky.
Although he did not think that he had made too major mistakes in this matter, he even advised David not to take too much steps, pay for content, and just sell the copyright of the work honestly. At that time, someone was willing to take over at a price of 1.3 billion.
If David had heard him at that time, although the final return on investment would not be very good, it would have been a business that was still desirable.
But David didn't listen to him.
However, even so, what?
"Tiandao Library" was made by "Tianhong Entertainment", and he is the actual executor of Tianhong Entertainment. No matter whether he has any responsibility or how much responsibility he has, as long as the work fails, he is the first person in charge.
But it is obvious that he can't bear the pot alone.
"The company's investment has lost hundreds of millions of dollars in this project. Do you bear all the responsibility? How do you bear it?" A white American man in a suit, wearing a serious face, stared at him.
Zhang Xinhua is this person. He is an executive at the US headquarters of "Tianhong Investment". He is responsible for risk work. Both of them are even alumni. They are also graduates of the Wharton School of Binzhou University. He has been on business trips several times in the United States, and has met with Erickson several times. He has drank coffee and had dinner together. Because of the same educational experience, he has had a very pleasant exchange.
However, here, Eriksen did not have the kindness he had ever seen before, and was as cold as a judge in hell.
“My resignation letter has been submitted to the board of directors.”
Erikson shook his head and said, "There is no need for a resignation letter. Zhang, your dismissal process should have been completed now. Take your personal belongings with you and you can leave. But please cooperate with my work in the next month. I will review the entire project process to ensure that there are no violations during the project. If there are corresponding records, we will reserve the right to sue you."
Zhang Xinhua's face became worse, but he didn't say a word.
He had expected this result.
And Erikson didn't even look at Zhang Xinhua while saying this. His eyes were always on David sitting next to him.
For "Tianhong Investment", a project involving hundreds of billions of yuan, which suffered a major loss, is also an absolute pain.
They are an investment company, but not all the money belongs to the company. Various funds and investment institutions are their sources of funds.
It seems that 100 million US dollars is nothing to an investment company that is in charge of dozens or even tens of billions of US dollars, but in fact, the impact is very great.
This will obviously affect investors' confidence and lay a huge thunder for the company's future development.
Zhang Xinhua can't bear the blame. He was fired, and that was only a small part of the blame. For the other part, you have to find someone with a bigger head and put it on.
Like David.
He is the highest person in charge of "Tianhong Investment" in China. Zhang Xinhua can't bear this pot, so he can only resist.
David slowly stood up, watched Lao Zhang, with a gray face, go out from the door of the conference room, and then turn his gaze to Erikson.
Being stared at by David is a very stressful thing. His condescending and arrogant attitude seemed to be not a loser, but Erikson, who was stared at by him, looked like a stray dog.
This kind of gaze made Erikson very uncomfortable.
He was a little cowardly at first, but immediately felt ashamed of this feeling and became angry.
"Mr. David, can you explain why you made the decision to enter the entertainment industry in China and established 'Tianhong Entertainment'?"
David's attitude was calm: "Because, I think the entertainment industry has enough potential and our funds will get the rewards we deserve."
"Then "Tiandao Library", this huge loss project, is the reward you bring to us?"
"Before "Tiandao Library", we invested in the production of six projects, three movies and three films and TV series in two years, and the overall return on investment exceeded 50% in the name of "Tianhong Entertainment"... Do you think our work on "Tianhong Entertainment" failed?"
Erikson sneered, then grabbed his lifeline: "But what about "The Library of Heavenly Dao"? What are you going to explain the disastrous defeat of this project?"
He was like, "No matter what you say, I will say the blood loss of "The Way of Heaven".
This strategy is quite successful. Whenever David talks about the "Dao Library", he can only be silent.
When you lose, it is like an excuse to say anything.
This is true.
No matter how many reasons are, if you lose, you lose. No matter how many reasons there are, can you turn defeat into victory?
Impossible.
David knew in his heart that he lost this time, and he lost miserably, and it could even be said that it was the most significant failure in his entire career.
In the past period of time, he has reviewed himself more than once. He has to bear 80% of the responsibility for the failure of "The Way of Heaven".
But he understood, but he could never admit it like this.
This is another truth.
If he really recognizes it here, he will become more troublesome.
However, Erikson on the opposite side was very aggressive.
Although David's expression had never changed, he was already in a very embarrassing manner.
At this moment, a sound of knocking on the table rang out.
Everyone looked at the person who knocked on the table, Mr. Orison Keane, the creator of "Tianhong Entertainment".
He was over 60 years old, and in the past few years, he had gradually begun to not directly take charge of the "Tianhong Investment" work. If it weren't for such a big mess in China, he wouldn't have come here specifically.
"Okay, let's stop here." He said.
Hearing Orrison Keane say this, Erikson's face became a little uncomfortable: "Mr. Keane, David needs to give an explanation to the entire board of directors."
"Tell me," Keen said, "let Michael come to me."
Erikson shut up, or he had expected such a situation.
Orison Keane would protect David like this because David Keane is his son.
Old Keen's wife is a Chinese. He is a middle-aged man and attaches great importance to his son. He has been trained carefully since childhood and is very strict with David. When David became an adult and graduated, he arranged for him to join his own company and worked for two years. Then he sent to China to establish a Chinese branch of "Tianhong Investment".
Originally, according to Old Keen's idea, he wanted David to experience the process of establishing a company from scratch, accumulate some experience, and then return to the US headquarters.
But I didn't expect that my son was so capable. Despite the support of the US headquarters, he was able to lead "Tianhong Investment" to gain a foothold in an originally unfamiliar country and even made quite beautiful achievements. In addition to the traditional markets of the two "Tianhong Investment" in the United States and Europe, a new territory has been developed.
For Keane, this was a total surprise and also helped him a lot.
It is true that Old Keen established "Tianhong Investment", but the company also has a partner. When the company was not developing so well, they were close comrades-in-arms and fought side by side. However, as the two of them grew older, they inevitably had cracks between each other, and some signs of power struggles appeared within the company.
With an outstanding son and strong support given to overseas markets, Old Keane has been suppressing another person for a long time.
However, he never expected that David, who had always made him feel very proud, would have such a big failure in China.
When he just heard the news, he was angry and puzzled. But now, he only has one choice: to keep David.
That is not only his most powerful supporter in "Tianhong Investment", but also his biological child.
After forcibly ending the meeting with his prestige, Keane, the old man, kept David alone.
"Father, I disappointed you."
Alone in front of my father, David lowered his head and took off all the steel helmets and armors he had before, with a look of helplessness and confusion.
Seeing him like this, Old Keen originally wanted to say some of the blame.
He knew his son, and David was made of iron from his heart to his appearance. He wanted him to show such an expression. Since he was sixteen, Keane has rarely seen it.
It can be seen that this failure was also a heavy blow to David himself.
After sighing slightly, Old Keen said: "Troubleshoot the matter in China and return to the United States with me in a few days. At that time, Eriksen will temporarily take over the work in China and wait for continued arrangements."
"We lost the China region?"
"Not counting, let old Michael be proud for a while. When he returns to the United States, there is still a battle waiting for us."
"Okay, I'll follow your arrangements."
The two were silent for a while, and Old Keen said again: "You can get some reflection from this matter."
Chapter completed!