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Li Hong was unable to establish more departments, as Sweet Potato was struggling to fill the few existing ones.
For the Human Resources department and others, Li Hong simply replaced them with an Internal Affairs department. This was a temporary solution; after all, it wouldn’t make sense to create a department that would remain vacant.
Basically, the restructuring of Sweet Potato was limited to these aspects. Li Hong had already provided the general direction, and now it was up to Charlie and the others to refine it.
Once the discussion about Sweet Potato's restructuring concluded, the remaining topics were trivial matters.
After jotting down Li Hong's opinions, Charlie furrowed his brow and asked, “Boss, I have no objections to the restructuring of Sweet Potato; it’s a good thing. But shouldn’t you provide some insights on our next business focus?”
“Uh…”
Li Hong was taken aback; he had indeed forgotten about this. Once the restructuring of Sweet Potato was complete, a corporate plan needed to be established.
Otherwise, no matter how good the system was, it would merely be a castle in the air.
“What direction should you all develop in next?” A hesitant Li Hong inquired of the group.
He had little understanding of how Film Company operated; he felt like he knew nine-tenths but was completely clueless about the rest. After all, Li Hong had previously been just a loser writer and had no real knowledge of Film Company.
“I think our investments are too monotonous. We always rely on Director Lu Mao's works, which leads to a lot of wasted downtime. We should quickly launch more projects to fill those gaps,” Charlie pointed out the biggest issue with Sweet Potato Films.
Li Hong nodded; this problem had existed for a while. Previously, due to a lack of funds, they could only proceed one project at a time. Now that they had financial backing from Fist, they were not short on funds and could initiate more projects.
“But we don’t have enough screenwriting resources. Without scripts, what can we shoot? Wouldn’t that lead to losses? I think we should consider this more carefully!” Lu Mao said cautiously.
As a director, he naturally wanted more films to be produced under his guidance. However, if the boss decided to churn out low-quality films just for quantity's sake, that was not something he wanted to see.
Charlie nodded seriously and said, “This issue is indeed quite serious. Setting up a screenwriting team will take time, and we don’t really have that need right now. I believe it’s better to invest in existing IPs.”
“IP?”
As a former loser writer, Li Hong was quite familiar with this term. After all, news about certain big names’ works being adapted into films or series often circulated among the contracted writers.
IP adaptation was indeed a new avenue for Film Company, closely related to Li Hong’s industry as well. In this regard, he felt he could contribute a few words.
Li Hong curiously asked, "So, what IP are we looking to adapt? How's the online scene?"
"Online?"
Charlie quickly thought of his boss's side business and took a moment before responding, "Boss, the internet is indeed a good entry point. However, adapting online content puts a lot of pressure on us. Those Fantasy Xianxia adaptations can easily turn into a bubble if not handled well. We not only have to spend a fortune to acquire the film rights but also invest heavily in production. If any aspect falls short, we risk offending thousands of original fans. Frankly speaking, this is a thankless task for Sweet Potato."
Li Hong nodded, understanding that his enthusiasm was somewhat naive. Just as Charlie pointed out, adapting online content comes with hefty copyright fees that can reach millions, along with significant investment costs—definitely not a good idea for Sweet Potato.
However, this was merely Charlie's perspective on Fantasy Xianxia. When Li Hong thought about adapting online content, he recalled an often-overlooked genre.
Urban!
Urban stories have always been evergreen in the online realm, with reader and fan bases rivaling those of Fantasy Xianxia. This is also a category worth exploring, though the main challenge lies in the fact that most urban adaptations often involve various legal issues.
Whether it's issues related to pornography, gambling, drugs, or copyright infringement, these could pose significant challenges for them.
After all, if urban adaptations were easy to handle, it wouldn't be their Sweet Potato Films taking on the task.
Once he shared his thoughts, Li Hong quietly awaited suggestions from the others.
"Boss, urban stories are indeed worth exploring, but how do we avoid those pitfalls?" Soulmate had become a seasoned internet enthusiast after joining Blue Star and was well aware of these nuances.
Li Hong smiled and explained, "In this regard, we can only do our best to eliminate risks. We cut what we can cut; for what we can't cut, we'll just have to modify it creatively before release."
Charlie's lips twitched as he asked curiously, "But the original fans will raise a fuss! If we change things so drastically, we'll offend a large portion of them."
"I know that very well. The issue is that these original fans might not even watch our adaptation. Besides, without making those changes, how would we pass the review?"
"That's true; those folks might complain loudly but may not actually watch it," Lu Mao nodded in agreement.
When adapting a mature IP work, one cannot overlook the feelings of original fans.
However, in reality, very few original fans actually go to see the adapted works. Investors are drawn to these IPs because they recognize their potential for success. After all, it has already proven capable of attracting fans; thus attracting television viewers should not be too difficult.
Therefore, most adapted film and television projects hope to replicate the success found in literature rather than relying on converting original fans into film enthusiasts.
The role of those original work fans is probably just to hype up the popularity of film and television adaptations for investors. They first leverage these original fans to generate buzz on various platforms for works that have not yet been released, attracting more attention from non-original fans.
When the adaptation is finally released, the original fans leave in disappointment. The vast majority of casual viewers who have never read the original work are the real target audience.
Don't be swayed by claims about how many fans a certain work has or how many people will watch it once it's released. The investing Film Company doesn't care about such things; they only care about profit.
Before seeing any returns, the number of fans is just a joke. They will adapt this mature IP according to their own wishes.
As a result, many popular IP adaptations often end up disappointing original fans. Conversely, those adaptations that genuinely please the original fans yield minimal profits, or even result in significant losses.
"Then let's change it! I refuse to believe that if others can do it well, we can't!" Li Hong declared fiercely.
"Charlie, you need to go to the Magic City Yuewen Headquarters and strike a deal with them. We must launch ten IP adaptations this month."
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