Chapter 1077 A String of Bad News

Chapter 114 Unexpected Fortune

Monday, May 28th.

Pei Qian arrived at the company early and reviewed the weekly reports sent by each department from the previous week.

First, he opened Otto Technologies' report.

After glancing at it twice, Pei Qian immediately closed it with a look of utter despair.

"As expected, the clothes-drying rack is selling like crazy…"

When Pei Qian had nothing to do, he often browsed Aili Island's website, so he naturally saw the video posted by Lin Jiaqiang.

Seeing this video, Pei Qian knew that something was terribly wrong!

But in his heart, he still held a glimmer of hope.

What if it was just a lot of buzz, but the promotional effect on the smart fitness clothes-drying rack wasn't significant?

Now, after looking at Otto Technologies' report, Pei Qian realized that he was indeed thinking too much.

The newly released G1 phone and the smart fitness clothes-drying rack were both selling like crazy, and so far, they were all in a state of intermittent sell-outs.

The OEM factory was working hard to produce them. After receiving larger orders for the smart fitness clothes-drying rack, the OEM even opened a new production line, working at full capacity to prepare inventory.

Pei Qian only glanced at the inventory numbers for the smart fitness clothes-drying rack and felt a little dizzy.

In the beginning, he had asked Chang You to grit his teeth and prepare an inventory of only 10,000 units.

But now, all 10,000 units had been sold out, and another order for 10,000 units had been sent!

Although the number was the same, the initial 10,000 units had been in stock for a long time, and he had originally planned to sell them slowly over a year or so. He never expected that they would be sold out so quickly!

And the second batch of 10,000 units probably wouldn't last long either.

The scariest thing was that there were even some large orders, with a gym called "Star Bird Fitness" directly ordering more than a hundred units, and they wanted to buy more in the future!

Otto Technologies' products were all expensive, but once they started circulating, the money was practically flowing in.

The profit margin for the smart fitness clothes-drying rack wasn't high. In addition to the raw material costs that couldn't be reduced due to the high-quality requirements of the equipment itself, logistics, warehousing, home delivery, and moving services were also a significant expense.

Without considering the expenses of Upwind Logistics, the profit per smart fitness clothes-drying rack was only about 200 yuan.

But when the quantity increased, 10,000 units would bring in 2 million yuan.

Although, given Tenda's current profitability, 2 million yuan wasn't even enough for a single money-burning activity, don't forget about the in-app purchases in *Fitness Battle*!

So far, *Fitness Battle* had attracted a large number of players, and as a mobile game, its monthly revenue on the official platform alone had reached the level of 30 million.

Compared with other games with the same level of income, *Fitness Battle*'s active users were even two or three times more than those games, and the number of registered users was more than ten times higher than those games!

In other words, the game's popularity was indeed very high. Many players would register an account to take a look, even if they didn't have the equipment or couldn't stick with it.

Because the total number of players was high, even if many people left, there were still many who stayed.

More players stayed, and more players spent money.

Although *Fitness Battle*'s recharge system was too conscientious, which reduced revenue to a certain extent, the recharge system that allowed refunds at will stimulated many players' desire to recharge, so the revenue was still good.

Considering the official platform's high share for Tenda, this game could earn Tenda nearly 20 million yuan a month.

Even more terrifying was that the official platform wasn't the only channel for *Fitness Battle*.

When Tenda was in crisis, Zhou Muyan came forward to contact some game distributors and put Tenda's games on some smaller platforms.

Although these platforms were small and the revenue share wasn't high, they had the advantage of being numerous.

Coupled with the recommendations of major channels such as Shenhua Mobile's app store, *Fitness Battle*'s net income in the first month could double again!

Of course, the high income in the early stage was due to the special recharge mode.

Because refunds could be made at will, players didn't have any psychological burden at all, so they recharged more fiercely than the others.

Even if there were many refunds, there would eventually be many orders that remained.

In the coming months, players would get all the items they wanted, their desire to recharge would naturally decline sharply, and the game's income would naturally decrease.

But…

Shang Yang Games would obviously continue to update *Fitness Battle* with various good-looking props, scenes, special effects, and even characters. Subsequent expansion packs would be launched continuously.

Pei Qian couldn't bear to look.

It was just too despairing!

Who would have thought that Pei Qian, who was now counting money until he wanted to vomit, was happily fantasizing about selling a building just a week ago.

Facts proved that this was just wishful thinking.

After closing Otto Technologies' report, Pei Qian looked at the reports of several other departments.

Overall, each department was developing steadily and orderly.

Pei Qian's mood calmed down a little. After all, no bad news was the best news.

As long as these departments didn't suddenly make a lot of money, everyone would still be good friends.

While he was looking at the reports, someone suddenly knocked on the door.

Pei Qian looked up and saw Huang Sibai from Flying Huang Workshop.

"President Pei! I have something to ask for instructions."

"Under President Lin's connection, we have been talking to Aili Island's website about the copyright of *Mission and Choice*."

"The preliminary intentions have been communicated almost completely. I came this time to ask you to make a decision. Should we do a buyout this time, or a revenue share?"

Pei Qian couldn't help but frown.

Sure enough, it was coming!

If it was a blessing, it wasn't a disaster; if it was a disaster, there was no way to avoid it.

On the day that *Mission and Choice*'s movie box office exploded, Pei Qian knew that the movie's copyright would definitely be sold to video websites at a high price in the future, it was just a matter of sooner or later.

Now, that day had finally arrived.

Fortunately, Pei Qian had made full mental preparations.

He thought about it simply and was a little entangled.

Logically speaking, he should choose revenue sharing without thinking.

Because a buyout would mean a large sum of money coming in directly, which would cause great trouble for settlement.

The money from revenue sharing would come in slowly, spread out over each month, and the pressure wouldn't be so great.

However, Pei Qian had already suffered a loss on *Tomorrow is Beautiful* once.

At that time, he had the same idea, so he chose revenue sharing for *Tomorrow is Beautiful*. He never expected that the movie's popularity on Aili Island's website would be so high, and the revenue share would eventually earn far more than a buyout!

That was very awkward.

Another thing to consider was the impact of the key extension.

Extending the key meant that the movie would be played in theaters for a longer period of time, which could increase the box office to some extent, but the audience's demand for watching the movie would be further reduced. If fewer people paid attention to it after it was put on the video website, the price the website was willing to offer would be lower.

*Tomorrow is Beautiful* didn't have an extension at the time. After the movie was taken off the screens, the audience's enthusiasm was still very high. More people watched it, so the revenue share was naturally higher.

But *Mission and Choice* had been extended for two months. In this way, most of the audience's enthusiasm for watching the movie had been satisfied, and many people had even watched it twice or three times. The price that the website was willing to offer should also be lower.

Thinking that revenue sharing would probably earn more, Pei Qian could only choose the lesser of two evils.

"Buyout it is," Pei Qian made a very difficult decision.

Huang Sibai nodded, "Okay, President Pei, then we'll do a buyout."

He didn't ask any more questions.

President Pei had been thinking for so long, obviously after careful consideration and weighing all the pros and cons before making the most correct choice.

What was there to question?

Huang Sibai turned to leave.

After making his decision, Pei Qian felt much more relaxed.

He picked up his teacup, took a sip, and casually asked, "If we do a buyout this time, how much will it be?"

Huang Sibai replied, "Oh, if there are no surprises, it should be around 55 million."

"How much?" Pei Qian almost spat out a mouthful of tea, completely unable to believe his ears.

Huang Sibai repeated, "55 million, President Pei, are you… do you think it's too little?"

Pei Qian: "…"

Crazy, it's really crazy!

It was fine if he didn't ask, but as soon as he asked about the specific number, Pei Qian completely lost his composure.

He asked, very puzzled, "I remember that the price that Aili Island's website offered for *Tomorrow is Beautiful* was only 18 million, right?"

"Why has it increased so much?!"

Huang Sibai smiled, "Oh, President Pei, you may not have paid attention to these things and don't understand."

"The 18 million back then was the market price more than a year ago!"

"Back then, for *Tomorrow is Beautiful*, movies with a box office of over 100 million and big-name actors involved would have a copyright purchase cost of at least 10 million, and no more than 50 million at most."

"*Mission and Choice* broke the domestic movie box office record and is regarded by many as a milestone in domestic heavy industry movies. Lu Zhiyao also has a good chance of using this movie to win a real Best Actor award… the copyright fee is just at the top end, which is obviously not enough."

"Moreover, Aili Island is not just buying the movie copyright this time, they plan to do a special feature and promote it to bring traffic to the website."

"They will gather all the high-quality videos related to *Mission and Choice* on the entire Aili Island website and form a monopoly on similar content to a certain extent. How cost-effective is that for them!"

"So, although 55 million is relatively expensive, it can only be said to be a normal price."

"Basically, no other video website in China except Aili Island is willing to offer this price. And I considered that Aili Island's website has a lot of traffic after all, which will also help us to some extent, so I accepted this price."

Pei Qian was speechless.

He originally thought that it was better to have a short pain than a long pain, but this short pain was a bit too painful!

How could he spend this 50 million!

But thinking that revenue sharing might earn more than 50 million, Pei Qian didn't say anything more.

Either way, it was a stab in the dark. Instead of worrying about this, he should think about how to spend the money as soon as possible.

After Huang Sibai left, Pei Qian considered for a long time and dialed Liang Qingfan's number.

Although Pei Qian had been brewing a new money-burning plan, he originally planned to save it for the summer promotion on June 26th next month. He couldn't do it this month.

After thinking about it, he would still use the old stupid method.

Buying buildings!

The system fund base value for this cycle was 50 million, and the current fixed assets under Tenda were about 170 million, mainly concentrated in the few buildings of Sloth Apartments.

Fortunately, physical industries such as Touching Fish Internet Cafe, Upwind Courier Station, and Managed Gym, including the new experience stores, were all rented, which prevented the fixed assets from exceeding the limit.

According to the system's conversion method, fixed assets would be divided by 10 and included in the system funds.

In other words, even if Pei Qian lost all of the system funds, the system funds at the time of settlement would still be calculated according to 17 million, and Pei Qian could only convert 33 million.

Pei Qian considered that it might not be a bad thing to lower this amount a little more.

Even if he bought another 120 million yuan worth of buildings, there would still be 20 million yuan in the system funds that could be operated on. If he lost it carefully, it wouldn't be a problem to earn tens or hundreds of thousands of yuan.

At least burn the tens of millions from selling the copyright, there shouldn't be much of a problem.

So, Pei Qian called Liang Qingfan and told him to look for new buildings in advance.

He would look at them in advance so that he could spend the money immediately after it arrived.

On the other end of the phone, Liang Qingfan thought for a moment and asked, "President Pei, are we still buying residential buildings? Can we consider shops?"

Pei Qian was stunned for a moment, "Shops?"

"What kind of location?"

Liang Qingfan said, "Uh… a more remote location, and the appreciation potential can't be guaranteed, but it should still be okay."

Pei Qian felt a little relieved.

If it was a shop in the city center, it would definitely make a lot of money if he bought it.

Because the most important thing for shops was location. The difference in traffic between a good location and a bad location was more than ten times, which directly determined the appreciation potential of the shop.

If it was in a more remote location, that would be fine.

Although there was appreciation potential, even if it appreciated a little, it shouldn't be comparable to those prime shops.

Whether he bought residential buildings or shops, whether he bought them in prime locations or remote locations, Pei Qian had made money in both cases.

Since that was the case, buying some shops in a slightly more remote place and diversifying his fixed asset allocation could also reduce the risk of suddenly making a lot of money.

Thinking of this, Pei Qian nodded, "Okay, you can buy them. If you don't have enough money, tell me."