Only after being reborn did I realize how fascinating the world of the rich is.

Chapter 304 Preparing to Enter the Film and Entertainment Industry

After experiencing all of Wei Jianjun's experiences, Li Xiaofeng realized that he was still not strong enough.

Your abilities can determine how others perceive you and how they treat you.

To become stronger, you need to accumulate greater strength, which, to put it bluntly, means building a stronger network of connections and earning more money.

In this day and age, the most profitable industry is real estate.

However, the real estate industry is short-lived. Even with the positive stimulus of multiple large-scale infrastructure projects, it will only have about ten more years of good times before it begins to decline.

Therefore, before the real estate industry loses its luster and the economy begins to decline, it is essential to plan ahead to ensure the continued steady growth of one's assets.

Among these, manufacturing is an important major trend, and the film and entertainment industry is another important major trend.

Manufacturing goes without saying; it is the cornerstone of a country and the most important source of wealth creation.

The film and entertainment industry is an important sector because, according to the economic development patterns in other countries, the film and entertainment industry is the only sector that can thrive during economic crises and depressions.

Some might wonder, when the economy is in recession and many people can't even afford to eat, how can they have the leisure to watch movies and TV shows? They should be working even harder, right?

In fact, quite the opposite is true; the economy is in recession, unemployment is rising, and many people are simply unable to find employment.

In such situations, many people feel depressed and experience a lot of negative emotions. Watching entertainment programs such as movies and variety shows is the cheapest way to relieve these negative emotions.

In addition, with an economic upswing and low unemployment, people are busy working and have no time to watch entertainment programs. On the contrary, after losing their jobs, they are idle at home and have more time to watch those entertainment programs.

In addition to this, Li Xiaofeng has another inherent advantage in developing the film and entertainment industry: his Wanzhong Media has a large number of high-end advertising clients.

These clients are also important potential customers for investing in film and entertainment advertising, which can save a lot of marketing costs, simply put, the cost of attracting advertising and sponsorships.

Li Xiaofeng's 40 billion yuan real estate investment requires at least 2.5 million yuan to be put into the market every year, including interest and monthly mortgage payments.

He kept 3 million yuan in loans in hand. Last year, he distributed 2 million yuan as dividends to himself. After paying interest and monthly payments for a year, he still had half left. Therefore, he invested a total of 2.5 million yuan in the film and television industry last year.

The investment in film and television dramas can be recouped in about a year. In this way, you can not only avoid missing out on bank interest and monthly payments, but also earn a lot of extra money and gain access to a large number of film and television resources. It can be described as killing three birds with one stone.

This year, these investments have begun to recoup their costs. Li Xiaofeng roughly estimated that, since these TV series are all hit shows, the net profit of these investments could double.

There's no way around it; this is one of the perks of time travelers. Investing in popular TV dramas from their past lives is definitely a sure way to make money.

Since 2.5 million yuan needs to be set aside this year to repay interest and monthly payments, the scale of reinvestment in film and television dramas this year will be the same as last year.

Fang Huiya founded a film and television company called Dingdian Film and Television. Leveraging her investment influence in the film and television industry last year, she signed many new film and television talents from several film and television art colleges in China, as well as some second- and third-tier artists in the film and television industry.

The signing fees for top-tier artists are too high. If you want to make money in the film and television industry, you need to cultivate more of your own artists and help them break into the ranks of top-tier artists to earn more money.

In this era, film and television actors' salaries are only a few million or tens of millions. In a few more years, their salaries will rise to tens of millions or even hundreds of millions.

In order to make quick money, many film and television companies spare no expense to hire a large number of A-list actors. More than half of the budget for a film or television series is used to pay actors' salaries, resulting in a decline in the quality of the films and television series.

In this life, Li Xiaofeng transmigrated to this world and gained certain abilities. He plans to use his own strength to change the landscape of this industry.

The reason why actors' salaries are too high is, frankly speaking, because in the past, the higher authorities introduced policies to restrict speculative activities such as real estate speculation, which caused capital to keep pouring into the film and television industry.

As a result, there are more film and television companies and more films and television dramas being produced, but there are very few actors who can carry box office and viewership ratings, which has led to a situation where the salaries of top-tier artists are soaring.

Li Xiaofeng believes that as long as a star production line is established and more qualified artists are cultivated in the film and television industry, actors' salaries will not rise so outrageously.

Most variety shows in this era are talent shows. Variety shows in Korea are just starting out. Li Xiaofeng plans to create a reality show-style variety show like the ones in his previous life.

This kind of reality TV show is the fastest and most convenient way to create film and television stars.

The production and filming of reality TV shows is much easier than filming movies and TV dramas, and sequels can be made continuously, which can bring relatively stable returns to one's film and television investments.

Although many directors and producers say that variety shows can diminish the mystique of actors for the audience, it is undeniable that variety shows can bring artists higher exposure.

Exposure can bring more viewers to film and television dramas. As long as the acting skills of these film and television actors are honed and the production level is improved, that will be fine.

Those who are suited to acting in film and television dramas should pursue both variety shows and film and television dramas, while those who are not suited to acting in film and television dramas should create more program effects in variety shows, which is also a good thing.

Of course, he didn't enter the film and television industry to do good deeds like Lei Feng. The artists he cultivates will definitely be signed for a long time, at least ten years, and there will be a lot of breach of contract penalties.

If other film and television companies want to poach people from him, he can let them do so, since he can collect a large sum of breach of contract fees and also re-establish the stars.

Li Xiaofeng had personally met these people, and several of them were future A-list stars with good looks and acting skills. Fang Huiya used her investments in various TV series to squeeze them into the cast as much as possible.

In addition to nurturing newcomers to the film and television industry, Li Xiaofeng also had Fang Huiya form a girl group, funding their singing and dancing training, and only those who excelled in all aspects were allowed to stay.

Li Xiaofeng knew that the production threshold for variety shows was relatively low, and as long as he opened the door to variety shows, many people would flock in.

Therefore, he must make full preparations beforehand and try to occupy as many variety show tracks as possible. Only by having a large number of artists under his management can he make full use of these variety show tracks.

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