Mistaking My Sister-In-Law for My Wife After Getting Drunk!

Chapter 288: Chapter 288 Investing in Stocks

Xu Yang smiled slightly, "Xiao Dongsheng."

Wang Xiaocong was startled, "Xiao Dongsheng? Isn't he the general manager of your Style Media? Your right-hand man, you're willing to give him to me?"

Xu Yang said with a smile, "Of course not to give him to you, just to lend him to you for a while to sort out the issues with Lazy Cat Live Streaming. Once that's done, I'll call him back."

Wang Xiaocong said, "What about your Fengcai Guild then? Find someone else to manage it?"

The Fengcai Guild had become the number one guild on Doyin, a cash cow that absolutely couldn't make any mistakes.

"The Fengcai Guild is developing very well and is now on the right track. As long as it continues in this manner, letting the deputy take over the management will be totally fine."

"Xiao Dongsheng's abilities are incredibly strong. Having him manage the Fengcai Guild is already an underutilization of his talents."

"I've already made preparations to transfer him to the Yang Xin Investment side. That side is now my main business hub, managing all the companies under my control."

"I want him to take on more responsibility, give him a higher position. Before transferring him, I want him to go to your Lazy Cat Live Streaming and resolve the issues there."

"This will also be a test for him, and I want to see more of his capabilities before reutilizing him in the future."

"While he's there, I'll still be paying his salary as usual. However, once he's taken care of your issues, you should also give him some reward."

Xu Yang believed in Xiao Dongsheng's abilities and had plans for his future, with no intentions of having him manage the Fengcai Guild indefinitely. Stay connected with M V L

Wang Xiaocong immediately expressed his stance, "Don't worry, I will definitely not shortchange him. You pay his salary, I will also pay his salary, following your standards. After he gets it done, I will give him a reward too. I, Wang Xiaocong, am not stingy, especially when it comes to talent."

Xu Yang nodded, "That's for the best."

Wang Xiaocong asked, "After sorting out the issue of factions within the management, is there anything else that needs to be done?"

Xu Yang replied, "Of course, that was just the first step."

Wang Xiaocong inquired, "What's the second step?"

Xu Yang didn't answer directly but instead asked, "You said earlier that the game live streaming industry now is a tripartite standoff. Dayu Live Streaming and Hubao Live Streaming are both part of the Penguin Group. So, tell me, what are these two live streaming platforms' advantages over Lazy Cat Live Streaming?"

After some thought, Wang Xiaocong said, "I think their biggest advantage is relying on Penguin, and Penguin Games is the titan of the gaming industry. The hottest games right now, like 'Kings of Glory', 'League of Legends', and others, their rights are held by Penguin. Our Lazy Cat Live Streaming hosts have to pay Penguin to purchase the broadcast rights, which is a significant expense.

Being part of the Penguin Group, Dayu and Hubao don't have this expense."

Wan Da Group had also invested in several game companies over the recent years, but these companies hadn't developed well and hadn't produced any hit games.

Compared to Penguin Games, it was like heaven and earth. There was simply no comparison.

Xu Yang said with a smile, "You're right, it's indeed like that, and you've seen it very clearly, which is good."

Wang Xiaocong sighed, "Clear as I see it, it's still unsolvable. Honestly, this has a huge impact on our Lazy Cat Live Streaming. If one day Penguin stops giving out rights, we won't have any games to stream. Those less popular games, people don't even bother to watch them."

The most popular games in the country were those few for which Penguin held the rights, putting Lazy Cat Live Streaming in a very passive position.

If Penguin stops licensing rights, the streamers of Lazy Cat Live Streaming wouldn't be able to stream those games, and Lazy Cat Live Streaming would virtually be out of business.

Xu Yang nodded, "That's true."

Wang Xiaocong sighed again and continued, "Xu, the fact that our Lazy Cat Live Streaming's hosts can stream 'Kings of Glory' and 'League of Legends' is because I spent a lot of money to buy the distribution rights from Penguin; otherwise, they wouldn't have been available for purchase. The cost of these rights accounts for half of Lazy Cat Live Streaming's expenses.

To put it unpleasantly, Lazy Cat Live Streaming is just working for Penguin. Penguin eats meat, and my Lazy Cat Live Streaming can only sip soup, and that soup is nothing but clear broth without even a bit of meat in it."

Speaking of this, Wang Xiaocong was very frustrated.

Originally, when copyright was in disarray, this issue didn't exist.

But ever since the National Copyright Bureau launched a special rectification campaign, the landscape of the copyright market had changed.

Penguin, with copyrights in hand, began to use copyright issues to aid its subsidiaries in their competition.

Now, Penguin was willing to sell those popular game distribution rights to Lazy Cat Live not because they had softened, but because the copyright company bought by Wang Xiaocong held a large number of film and television rights. Pioneer Culture had even more film and television rights, and Xu Yang was on good terms with Wang Xiaocong, like brothers.

So, in order not to affect Penguin Movies and Penguin Video, Penguin was willing to grant Lazy Cat Live the rights to those popular games.

Otherwise, they would simply have crushed Lazy Cat Live.

Business competition is very cruel; there is no room for pity.

"It's indeed so," Xu Yang nodded.

"Old Xu, why don't you take a stake in Lazy Cat Live? I'll give you a part of the shares, sell them to you at half price. If we join forces, we can make Lazy Cat Live take off. This can be a source of income, and besides, I know you've established Yang Xin Games, and you've even acquired a game company. I believe that your gaming company will definitely be able to launch hit games in the future.

Then, Lazy Cat Live could gradually turn the tide and make a huge profit," Wang Xiaocong said with a fiery gaze.

"Sell them to me at half price? That doesn't seem quite right, wouldn't you be making a big loss?" Xu Yang was somewhat astonished.

By now, he had already decided to take a stake in Lazy Cat Live.

As long as those issues were resolved, Lazy Cat Live could be reborn.

He believed Xiao Dongsheng wouldn't disappoint him.

But Wang Xiaocong selling him shares at half price, he felt Wang Xiaocong would be making a big loss.

As brothers, he couldn't let his brother suffer such a loss.

"Old Xu, don't push it away. If it weren't for you, I would never have realized the real problems with Lazy Cat Live, let alone come up with a solution. You also helped me find a suitable candidate for president. Just for these two points alone, selling you shares at half price is not an overstep at all. This matter is settled; otherwise, you're not treating me like a brother," Wang Xiaocong insisted.

"Alright, then I'll take advantage of you this time." Seeing Wang Xiaocong had put it that way, Xu Yang didn't play coy.

With the deal settled, both were happy.

After eating, Wang Xiaocong invited Xu Yang to get a foot massage. Xu Yang declined, so Wang Xiaocong went with his internet celebrity girlfriend, and Xu Yang returned to Yang Xin Investment.

At three in the afternoon, Xu Yang arrived at Xiao Dongsheng's office.

"Old Xiao, I've got something to tell you," Xu Yang settled onto the couch.

"President Xu, what is it?" Xiao Dongsheng stepped out from behind his desk and sat down opposite Xu Yang.

"You've heard of Lazy Cat Live, haven't you?" Xu Yang asked.

"I've heard of it, it's a game streaming company founded by Wang Xiaocong," Xiao Dongsheng nodded.

"I'm thinking of having you take on the position of president at Lazy Cat Live, are you interested?" Xu Yang asked directly.