After all of them were reborn, who would still be an actor?

Chapter 764 The Fifth FBTV Joint Meeting
Yang Mi finally made up her mind and was about to make her move.

Li Mingyang is back.

She also brought back something that left her speechless.

Holy crap! How did you get this?

"Then don't worry about it, just put it on quickly."

Li Mingyang threw over something that looked like a posture corrector.

"Screw you, I'm not wearing it!"

Li Mingyang came to the bed, put his arm around Yang Mi's shoulder, and said, "Don't you want revenge?"

"Revenge? Do you think I'm Sweetie? I'm not that vengeful... Humph! If she wakes up, I wouldn't have enough lives to pay for it."

Boom!
Yang Mi frowned deeply and threw the posture corrector to the ground.

"I'll help you hold her hands down."

"How can you treat your wife like this?" Yang Mi said, bursting with a sense of justice. Li Mingyang was truly a scoundrel.

Mimi's attitude was firm, and Li Mingyang tried to coax her for more than ten minutes without success, so he resorted to his ultimate move.

"Honey, do you want to betray the celestial being?"

Yang Mi shook her head subconsciously, then suddenly stopped, "How could you backstab me?"

Li Mingyang got out of bed, picked up the posture corrector, took Mimi's hand, and solemnly placed it in Yang Mi's palm. "Use this!"

Yang Mi hesitated, biting her lip hard, but ultimately couldn't resist the huge temptation. However, she was still a little worried, after all, Jing Tian was not someone to be trifled with... She was really scared!

"You're a liar, how can you guarantee it!"

"If I can't do it, I'm a dog."

Yang Mi thought, "That sounds good!"
"You absolutely have to help me, I can't beat her..."

"Don't worry, I'm here."

“I’ve made a lot of money for you. If something happens to me, this obedient money tree will be gone.”

"You are my white moonlight, I will never let anything happen to you."

What is Reba?

"Can you please stop talking? If you keep talking, Tian Tian will wake up."

"Hmm, let me rest for a bit... Will this hurt a lot?"

……

Passing the flower while beating the drum.

Mimi's worry that Jingtian would beat her up when she woke up was completely unnecessary.

Because she was caught in the middle and suffered the most.

"Honey, you've worked so hard."

"You scum! Remember what you promised me, or I'll haunt you even as a ghost!"

Mimi said with a fierce look in her eyes.

Although she acted fiercely, Mimi, with her hair disheveled and naked, was really not intimidating at all.

He could take on ten Sadakos like Mimi!

……

October 18, Bellagio Hotel, Las Vegas.

The Fifth FBTV Joint Meeting.

The most important topic of this meeting was the copyright issue of New One-Punch Man.

Wall Street and Hollywood are fighting over copyright ownership, which has prevented FBTV from airing One-Punch Man.

This has seriously damaged the interests of FBTV shareholders!
Everyone hopes that this joint meeting can find a win-win solution.

The meeting lasted for more than four hours, with neither side willing to compromise.

Li Mingyang proposed that the minority should submit to the majority.

Hughes rejected the resolution by majority rule!

Most co-CEOs chose to remain on the sidelines, watching the infighting unfold on Wall Street and in Hollywood.

Wall Street and Hollywood have a long-standing feud...

Although most members are squid, there are many different kinds of squid.

The new One-Punch Man became the trigger for the conflict between the two sides.

As for performance, there's not much to worry about. There's no new One-Punch Man, but there are TV dramas, Korean dramas, American dramas, and Little Days animation.

FBTV now boasts a highly diverse content library, with more movies than TV series, making it a massive platform that ranks among the top in the world.

Although most of the resources are outdated, their large quantity makes up for it.

The number of paying users is growing steadily.

This is largely thanks to FBTV's borderless nature!

Diversified capital, led by Wall Street, moves freely throughout Asia and the world.

FBTV is now competing on content.

Spielberg himself is involved... starting to produce a sci-fi TV series, a timeless masterpiece!
The movie is amazing; now he especially loves making TV series.

It's a quick and easy way to make money!
This old guy is even more ruthless than him. His thieving ways aren't unique to Dongda University; this is something China has learned from Hollywood.

After a five-month period, FBTV was divided into many parts.

Not only the European and American versions, but also the Korean version, the Thai version, the Japanese version, and a special version for the University of Tokyo that is currently under discussion.

And the entire industry chain.

The streaming media industry chain is a complex ecosystem that encompasses multiple stages, including content production, content distribution, user reach, and support services.

The upstream mainly consists of content producers, the midstream consists of streaming media service platforms, and the downstream consists of users and consumption scenarios.

Streaming media providers are content providers, content aggregators, and content distributors. They control the entire industry chain and take 100% of the industry's profits, including intellectual property!

Bouquet Entertainment has withdrawn from other aspects and now only acts as a content provider.

Content distribution was handled by regional managers, who were responsible for communicating with local telecommunications companies, television stations, and film and television companies.

Capital, conglomerates, financial groups, and funds have an absolute advantage in this regard; some important industries are even their own or their major shareholders.

One of the most important aspects of FBTV is user profiling.

Big data + algorithms + AI.

Li Mingyang proposed a strategy, but implementing it was too expensive...

This concept isn't from later times; there was a global consensus long before the millennium, but it's incredibly difficult to grasp.

Collecting big data is the simplest thing, but algorithms... those who work on this are geniuses who are one in a million!
99% of people can't even understand it...

AI can be divided into six periods: the initial stage, the reflection stage, the application stage, the slump stage, the steady stage, and the period of vigorous development.

It is currently in a period of rapid development.

Since 2011, with the development of information technologies such as big data, cloud computing, the Internet, and the Internet of Things, ubiquitous sensing data and computing platforms such as graphics processors have driven the rapid development of artificial intelligence technologies represented by deep neural networks, significantly bridging the "technology gap" between science and application.

Artificial intelligence technologies such as image classification, speech recognition, knowledge-based question answering, human-computer chess, and autonomous driving have achieved technological breakthroughs from "unusable" or "difficult to use" to "usable," ushering in a new peak of explosive growth.

This falls into the realm of high technology...

Netflix is ​​considered a technology company because it truly is one, leveraging big data, algorithms, and AI to create user profiles.

The most powerful algorithm for short videos is TikTok.

Netflix has the most powerful algorithm for long-form videos.

In the face of recommendation algorithms, short dramas and long dramas seem to live in two parallel worlds.

Short video platforms operate on the logic of "content finding people": massive amounts of UGC/PUGC short dramas are thrown into the platform's huge content pool, and the algorithm actively matches them to users who are interested.

Users simply need to keep refreshing the screen, and the algorithm will continuously push short dramas to them, with new content emerging one after another.

Because individual short videos are very short, users can watch dozens or even hundreds of videos within the same time frame, resulting in a very high frequency of interaction with the system.

Likes, completion rates, comments, and shares are growing exponentially, fueling the algorithm.

In Douyin's recommendation system, newly released short drama videos are put into an initial traffic pool for testing. The subsequent recommendation weight is determined based on data such as completion rate, likes, and comments, and then the exposure is expanded in stages.

It can be said that short dramas rely heavily on algorithm-based distribution. Without strong personalized recommendations, such a massive supply of content and fragmented consumption simply cannot be effectively connected.

In contrast, long-form video platforms have always leaned more towards the traditional model of "people finding content".

The number of long-running dramas is relatively limited, with only a few hundred to a thousand episodes produced domestically each year, and top-tier dramas are even rarer.

Users on these platforms primarily find TV series through manual recommendations on the homepage, category navigation, or search, rather than through purely algorithmic, indiscriminate information feed pushes.

Even Netflix, which boasts a strong algorithm, still features carefully arranged content categories and trending topics on its homepage, rather than passively scrolling to the next show like TikTok.

Long-running dramas are becoming more centralized in terms of content consumption—popular shows are featured on the homepage in rotation, and viewers often decide which shows to watch based on external reviews (such as trending topics on Weibo and ratings on Douban). Because a single long-running drama can easily consist of 40-minute episodes with a total runtime of tens of hours, the cost of watching for users is high.

Therefore, long-form video platforms acquire far less interactive data than short-form video platforms, and their algorithms have limited leverage; the two are not even in the same league.

This directly results in the algorithm playing a far less significant role in long-form dramas compared to short-form dramas: no purely algorithm-driven product like TikTok has yet emerged on long-form video platforms, and the main consumption model still relies on the appeal of the content itself and users' independent choices.

ByteDance dominates the information distribution field, but has yet to replicate Douyin's success in long-form video because of the inherent lack of compatibility between long-form dramas and algorithmic recommendations.

In other words, the recommendation algorithm for short dramas is more like a high-speed engine: relying on massive amounts of user behavior data as fuel, it quickly tries and iterates, capturing user interests like the second hand of a clock.

The recommendation of long-running dramas is more like a slow process of human oversight: the content is large and of high quality, with limited output, so platforms tend to rely on human operation and user word-of-mouth to drive distribution, with algorithms playing a secondary role.

On short video platforms, algorithms select users, while on long video platforms, users select content—the difference between these two frameworks determines the different fates of short dramas and long dramas in the world of algorithms.

The algorithms of long-form video platforms are biased towards post-production feedback.

The user profiles of domestic long-form video platforms are all garbage.

They're all just studying advertising, fandom culture, gimmicks, creating on-screen couples, selling merchandise, and deceiving superiors and subordinates...

Li Mingyang spent a fortune buying so many films in Cannes just to collect information.

User characteristics, such as age, gender, and region.

Content characteristics, such as film genre, director, actors, and plot synopsis.

And the characteristics of user interaction with content, such as viewing trends and ratings.

These are all things that long-form video algorithms need most.

Why is Netflix so good at creating user profiles, allowing for precise self-manufacturing?

It all comes down to the DVD rental service, which led to the development of the Cinematch sorting algorithm!

The algorithm provides users with personalized movie recommendations based on their rental history and movie ratings, and creates a "list" of movies that they may be interested in.

The Cinematch sorting algorithm, developed in 03, was very advanced at the time and boasted astonishing accuracy.

The Cinematch sorting algorithm can be roughly understood as follows: Netflix's algorithm detects that we both like watching "Batman Begins" and "Breaking Bad".

So next, when one person marks "Casino" as a favorite, the system might also recommend the movie to the other person!

There are different ways to play in China and abroad.

FBTV has expanded to the point where Li Mingyang has to let go.

He also remained single, focusing solely on content provision while opening up other aspects to allow everyone to participate.

Then, he refused to spend money and instead focused on creating user profiles using big data, algorithms, and AI.

Can't afford it!
These high-tech products are too expensive.

Others naturally disagreed, and Hughes even wanted to hold a vote to force him to pay up.

Li Mingyang first organized a vote, using the "battle of the century" as a bargaining chip to force him to spend money, and then he would stop the "battle of the century".

Then, more than half of the votes supported Li Mingyang, allowing him to successfully avoid the money-burning stuff and focus on content creation.

Spielberg also circumvented this using the same method.

FBTV is staffed with big players, and many aspects are beyond the reach of ordinary capital.

It is important for people to know themselves.

Li Mingyang chose to retreat and focus on content, while Spielberg, being a shrewd individual, also left.

Near the end of the meeting.

Li Mingyang informed everyone in advance that he would no longer participate in the next two joint meetings, and Zhang Wei would act on his behalf.

"Director Li, I have a question I'd like to discuss with you."

After the dinner, Chen Wenbo personally drove Li Mingyang to the airport.

The Sixth Century Battle and the Beijing Film Academy's anniversary celebration clashed; they were on the same day.

Li Mingyang is now rushing back to Yanbei to attend the Beijing Film Academy's anniversary celebration, and then he will leave midway to fly to Las Vegas.

There's enough time.

Las Vegas is about 15 hours behind Yanbei.

"What is it?" Li Mingyang asked.

"I feel something's off about how FBTV is run... Who really makes the decisions about this company?"

"The minority obeys the majority, and the vote count determines the outcome."

"What about the veto system...?"

"If no one else can make the decision, then I, as the chairman, will have to."

Chen Wenbo shook his head with a wry smile, "I knew it... these bastards were lying to me."

Li Mingyang glanced at Chen Wenbo indifferently; this guy had tricked him quite a bit.

I've always wanted to take his place.

However, the other shareholders disagreed.

The better FBTV performs, the more precarious its position becomes.

The effort to de-emphasize Li Mingyang's influence is practically out in the open.

"Misfortune may be a blessing in disguise, and a blessing may be a misfortune in disguise. Everything happens for the best. Without reform, FBTV could not have developed so quickly," said Li Mingyang.

“That’s what we say… but these people don’t follow the rules, they’re doing regional distribution, which goes against our original intentions,” Chen Wenbo said.

Li Mingyang laughed, "What does this have to do with me? It's going against your original intention."

Dongda wanted to use FBTV as an external platform, and Chen Wenbo provided FBTV with CCTV resources for free. The regional head agreed verbally.

It actually went on afterward, and then you had to search for it yourself.

The Western version is the funniest; you have to search in Chinese to find anything.

"You're the chairman! Couldn't you have said something? This is making me lose face!"

"What's it to me?"

Chen Wenbo panicked and stopped the car on the side of the road to explain the pros and cons to Li Mingyang, as the two were now in the same boat.

If he fails to handle the matter properly, Li Mingyang will also bear responsibility.

He rambled on and on.

Li Mingyang always brushed him off with "It's none of my business."

"Director Li! You can't be so down! You still have hundreds of billions of debt. You have to pull yourself together! They can change the veto system to majority rule, and we can vote to change it back to the veto system!" Chen Wenbo said bluntly, revealing the purpose of his trip.

As Li Mingyang said, the veto system means everyone wants to be in charge, but in the end, no one can make the decision.

Ultimately, to get things done, we still need Chairman Li Mingyang!

"You're talking nonsense. Do you think they would agree to that?"

"How do you know they disagree if you don't even try? We have more votes!"

Li Mingyang hesitated for a moment, then decisively shook his head and refused.

Compared to a few months ago, FBTV has expanded to the point that he can hardly understand it anymore.

"Director Li, this is a win-win situation for you! They'll definitely try to bribe you if they want to get things done! There are so many benefits!" Chen Wenbo urged.

“If I weren’t burdened with debt, I really would like to be like Wang Changtian, living a carefree life in the countryside, enjoying the peace and quiet without anyone bothering me.” Li Mingyang shrugged and spread his hands. “I still maintain that it’s none of my business.”

Chen Wenbo tried to persuade him for a while, but seeing that he couldn't, he had to think of another way.

Upon arriving at the airport, Li Mingyang waved goodbye to Chen Wenbo.

He arrived at the VIP lounge alone.

Li Mingyang was led to a private lounge by staff.

He casually flipped through foreign magazines to pass the time.

Suddenly, the sound of the doorknob being turned came from inside. Li Mingyang turned around sharply and froze.

It was none other than her mother, Chen Fang.

My mom went back to China last month. She's an American citizen, so naturally she's an American.

Why did you go back?

no one knows.

"Mom, you look so haggard...you're not on drugs, are you?"

Li Mingyang's words were so surprising that they stunned the staff. Chen Fang was stunned for a full five seconds before she could react.

Can't you wish me well for even a little?

Chen Fang took out a twenty-dollar tip from her pocket and gave it to the staff member, then sat down opposite Li Mingyang.

(End of this chapter)