Chapter 798 - 393: Charleston Dance in Progress

Chapter 798: Chapter 393: Charleston Dance in Progress

"Damned clickbait." Huang Zhen had only clicked on the news article after seeing that Chen Jincheng had lost 1.2 billion.

But what did he see instead?

It turned out that the over 40 million free memberships Chen Jincheng had previously given out for *Oh No! I’m Surrounded by Beauties* had been reactivated overnight, with all those users flocking to watch *All is Well*.

Given the quality of *All is Well*, these people would remain active members of the Second Life Star Film and Television Network until the show’s 46-episode run was over.

Although this would mean Chen Jincheng was earning much less money, these people would all become active members. They might not even see their memberships as dispensable freebies anymore and might even log on to check out any new shows Second-Life Star released.

This was, in its own way, a form of user retention.

Over the next week, the final results for the three shows came in.

*Taking Dad to Study Abroad*’s television viewership rating held at around 0.6, but its average online views per episode were low, leaving it with a total of only 27 million in revenue.

It was safe to say that Penguin Film and Television took a pure loss on this show.

iQiyi’s situation was naturally even worse.

In contrast, *All is Well*’s viewership rating had already broken 2.0, and its average online views per episode had smoothly surpassed 100 million—and it was still growing.

Second Life Star Film and Television Network became the biggest winner this time around.

Furthermore, after a week, Second-Life Star released some data: the revenue Er Shi Xingchen Film and Television had generated from *All is Well* so far.

Thanks to the successful VAM agreement and subsequent ad placements, *All is Well* was projected to generate 600 million in advertising revenue, while new membership subscription revenue had already reached a cumulative 500 million.

After deducting the 520 million in costs and then accounting for taxes, the profit would be around 500 million.

For a blockbuster drama to only net 500 million in profit would be an absolute catastrophe for a streaming platform. However, when the news broke that Second-Life Star’s active membership had steadily surpassed 50 million, everyone was stunned.

How could they not be stunned?

This was already on par with Uku.

You have to understand, when people talked about streaming platforms before, they really only meant iQiyi and Penguin Film and Television.

The other streaming platforms were too far behind those two.

If you absolutely had to name a third, it would be Uku. Although it lacked the power to compete with the top two, it at least had a decent number of active members.

Platforms like Mango, Bilibili, and Baofeng... would find it very difficult to reach Uku’s level. The reason was simple: they couldn’t win the bidding wars for shows, and the top two platforms, iQiyi and Penguin Film and Television, also produced their own original series.

Hadn’t Uku, unable to secure good shows, already carved out a different niche by partnering with Xiangjiang to exclusively stream dramas from there?

Among the other platforms, Mango was doing a bit better, but the rest were basically small fry.

And now, Er Shi Xingchen Film and Television had suddenly released one show and rocketed to Uku’s level.

How were platforms like Bilibili, Baofeng, and Mango supposed to feel about this?

Now it all came down to the detailed data to see if Second-Life Star could surpass Uku.

At Second-Life Star, Sun Ji and his team from the Second Life Star Film and Television Network were also waiting for the final, detailed data.

The average online per-episode views released so far were only rough estimates, not the precise figures. Therefore, they still had to wait for the detailed numbers.

"President Sun, do you think we have a good chance of surpassing them?" one of the managers couldn’t help but ask.

Sun Ji analyzed, "Uku hasn’t had a blockbuster hit in a long time. Even their Xiangjiang dramas haven’t had any new releases lately. So, Uku’s member activity should be low right now."

Hearing his analysis, the staff of the Second Life Star Film and Television Network all nodded in agreement.

Some people were already frantically clicking on the Maoyan and Kuyun ranking data, constantly refreshing the page, but the name "Second Life Star Film and Television Network" had yet to appear.

Finally, someone shouted, "President Sun, it’s up on Maoyan!"

Another person added, "Kuyun’s is up too!"

Sun Ji hurried over to check the results. On Maoyan, Second-Life Star was already ahead of Uku, but on Kuyun, Uku was still ranked higher.

It was normal for this kind of data to have discrepancies. In other words, Uku and Second Life Star Film and Television Network were now neck and neck.

This made everyone at the Second Life Star Film and Television Network extremely excited. It showed that their platform had a very bright future.

Seeing this, Sun Ji smiled and said, "It’s one thing to be happy, but let’s not get too arrogant. After all, the credit for this show isn’t ours. If it weren’t for the boss, we wouldn’t have this series. Besides, we’re only seeing these numbers while *All is Well* is airing."

"Once this show is over, it’s another question whether we can maintain these numbers. If the next show doesn’t do well, we could be knocked right back to square one. Uku, on the other hand, has a user base with very high retention."

At these words, everyone around him nodded.

This was a problem of foundation that Second-Life Star currently lacked. It had too little content. The old shows left over from the LeTV Film and Television library were simply not enough. Without *All is Well*, they wouldn’t be able to retain their audience.

Therefore, their next task was to quickly flesh out their content library.

Fortunately, the parent company had already allocated two billion, and with the profits from *All is Well*, they now had the money to make a big move.

Just then, Sun Ji added, "However, we can still squeeze another wave of popularity out of *All is Well*. This flash drive has a video on it. Upload it directly to the *All is Well* episode list."

He took out a USB drive and handed it to a manager.

On it was the content of the boss’s original analysis of the three competing dramas. ’Time to take the rest of the industry to school.’