329: Chapter 329 The advertising company merges into Xinghuo Media! Hao Yue's treat!
Even if monthly performance is affected after being acquired by Jufan Holdings, it won't drop too quickly.
Without any special buffs, its business will only decline slowly.
This company's advertising is quite diverse.
In addition to traditional advertising design, production, filming, and distribution,
besides acting as an agent for various advertisements and providing exhibition and display services,
there are also etiquette services, public relations event planning, corporate image planning, business consulting, and corporate management consulting, and so on.
Xuanming Advertising was established eleven years ago and can be considered a well-developed, established Advertising Company.
It has collaborations with many local Rongcheng companies and government departments!
Mingxuan GG previously had a good relationship with Yu Siying.
After Yu Siying came to Spark Media, she brought this relationship with her.
Mingxuan GG would hand over a portion of the online advertising business received from other companies and brands to Spark Media, and Spark Media would then assign tasks to various self-media bloggers, allowing both parties to earn commissions.
Of course, in recent years, many companies and enterprises have increased their investment in online advertising and have started bypassing advertising companies to cooperate directly with MCN agencies.
MCN agencies are also constantly encroaching on the business of advertising companies!
But physical advertising will certainly not be eliminated.
It's just that due to the economic downturn, corporate advertising investment has decreased, and coupled with the increasing share of online advertising, it makes it very difficult for physical advertising companies.
Su Yang dialed Yu Siying's number: "How much does this company want approximately?"
"Mingxuan's boss wants to sell it for 25 million!" Yu Siying said in a low voice, "But this price is definitely inflated; we can negotiate slowly!"
"Hmm!"
25 million isn't impossible; acquiring someone else's company definitely requires a premium.
Although Su Yang didn't have Mingxuan GG's financial statements, through Business Deduction, he knew that Mingxuan GG's annual profit was around 3 million-plus.
But this profit is sliding month by month!
If Su Yang had sold this Advertising Company a few years earlier, the asking price might have been 30 or 40 million.
Yu Siying whispered, "Their company's profit has likely been declining recently; we can play hardball!"
Su Yang suddenly asked: "Are you interested in taking over an Advertising Company?"
"Me?"
"Yes!" Su Yang thought for a moment and said, "I think Mingxuan's physical advertising business can complement Spark Media!"
"That is indeed the case!" Yu Siying agreed, "This is truly the trend of the digital era!"
"However, we haven't even acquired them yet, so considering merging operations is indeed a bit early!" Su Yang said with a smile, "But you should still be mentally prepared."
"Alright, Boss!"
"Don't worry, I will give you a raise!"
"Boss, hearing you say that makes me even happier!"
"Then you go ahead and contact them!"
"Sure!"
Finding a good acquisition target put Su Yang in a good mood!
Jiang Yuzhen came to the office to remind him: "Boss, tomorrow, Saturday, Yanhu Vocational School will be holding a large event with Spark Media. You asked me to remind you, right?"
"Alright, I got it!"
After Jiang Yuzhen left, Su Yang prepared to go to the appointment in the evening.
Hao Yue was treating him to dinner tonight!
He originally didn't want to go, but Hao Yue was quite persistent, saying it was to thank Su Yang for helping her family a lot.
Perhaps the fact that Hao Yue herself is good-looking was also one of the reasons Su Yang was willing to go.
With nothing to handle on hand, Su Yang went to Spark Media to exercise before getting off work.
Besides moving his body, working out could also help him adapt to his body.
After all, Su Yang's strength now was already exaggeratedly strong.
Fortunately, his physical fitness didn't happen overnight.
Rather, it had increased gradually over the years, along with the number and scale of his companies!
At seven o'clock, Su Yang took a shower and, led by his driver, went to the appointment.
Hao Yue booked a relatively high-end Western restaurant. When he arrived at the restaurant entrance, he saw Hao Yue waiting by the roadside.
Not having seen her for a few months, Hao Yue was still as beautiful as Su Yang remembered.
An oval face, willow-leaf eyebrows—a traditional, classic Chinese beauty.
Because she had been practicing dance for many years, her whole posture looked very elegant.
It was November now, and the weather had turned cold.
She was wearing a white sweater inside, a light green trench coat outside, a pair of white casual pants, and black boots, which made her slender and long figure look even more graceful!
Many of the girls Su Yang came into contact with had great taste in clothes and were very studied in fashion.
For example, Tao Xue, and Yuan Sisi.
His own taste was rather average, but when he went shopping with Tao Xue and Yuan Sisi, they would help him pick out clothes.
Qin Shuang also had good taste. Although Su Yang never accompanied her shopping, she would occasionally buy good-looking clothes for Su Yang when she went shopping.
Plus, with the beauty salon Qin Shuang introduced, Su Yang would occasionally go over, and he had become more and more "refined" himself!
When she saw Su Yang, Hao Yue waved at him happily.
This attracted the attention of many passersby!
Su Yang also smiled and waved back, walking over to her side.
"You've been waiting a long time, right?"
"No!" Hao Yue shook her head, "Let's go in!"
"Hmm!"
The spot Hao Yue picked was nice, right by the window on the third floor.
After the two sat down, she handed the menu to Su Yang and said generously: "Order whatever you like!"
"Alright, I won't stand on ceremony with you!"
Although he said he wouldn't stand on ceremony, Su Yang was still quite considerate and ordered a few moderately priced dishes.
This girl might have to help her father pay off debts, so her financial situation definitely wouldn't be good.
While waiting for the food to be served, Hao Yue felt the atmosphere was a bit dull, so she took the initiative to ask:
"Mr. Su, how has the company been developing recently?"
"You don't have to call me Mr. Su!" Su Yang said with a smile, "When you call me Mr. Su, I always feel like we're conducting some business negotiation."
"Brother Su?"
"That works!"
Su Yang nodded.
"Brother Su, how has the company been developing recently?"
"Not bad, everything is going very smoothly!"
Su Yang knew this girl was actively trying to find topics to talk about, so he cooperated a little.
"I've been paying attention to Spark Media; recently, Spark Media's reputation has been growing!"
"A bigger reputation is good for MCN agencies!"
Hao Yue smiled and said: "Mao Haixia has recently started trying to do live streaming."
Su Yang asked curiously: "How are the results?"
"Not great!" Hao Yue recalled Mao Haixia's live streaming, "She's been doing it for two months, and she hasn't even earned back the cost of the streaming equipment, just some pocket money."
"Being able to earn some pocket money is always good; just treat it as practice!"
"She is also frequently harassed, which makes her a bit depressed, and there are people in school spreading bad rumors about her!" Hao Yue said softly, "I've seen some of the private messages people sent her, as well as the video barrage in the live broadcast room; it's indeed quite upsetting."
"This is the industry norm. Since you want to do live streaming, you must be able to withstand this pressure!"
He knew the current internet environment all too well.
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