This director is very reliable

Chapter 766 Adjust it (15)

In fact, at the beginning of the year, the domestic film market was still thriving.

The two films "Mermaid" and "Detective Chinatown" released during the Spring Festival have exceeded 30 billion!
The annual box office broke through 46 billion in just [-] days, making it a great film boom.

For this reason, people in the industry have issued rhetoric that the annual box office will exceed 650 billion.

However, starting from the second quarter, the film market has gradually weakened. Many Hollywood blockbusters, such as "Warcraft", "Ip Man 3", including "Teenage Mutant Ninja Turtles 2: Out of the Shadows", "Independence Day: Comeback" Not up to expectations…

The special preparation is the summer file, two quasi-S-level "Jedi Escape" and "Legend of the Gods" have different degrees of Waterloo.

Let's put it this way, excluding "The Gift in Room No. 2", "Eight Hundred", and "The Wronged Man 6.6", the highest box office search is actually "Jedi Escape" with [-] million...

Of course, the blockbusters are hot enough-"Eight Hundred" has a box office of 28 billion, and "The Gift of Room No. 17.6" has a box office of [-] billion.

But compared to last summer, the five films "The Return of the Great Sage", "Monster Hunt", "Pancake Man", "Big Winner" and "The Untold Story" are fighting against each other, and all of them have set high box office results. Speaking of this year's summer vacation, there are only three movies worth watching!
The well-reputed "Cold War 2" was also complained about because of the fake 3D...

Of course, the reason why the industry is vigilant and even discussed is very simple: it can clearly feel that the capital is ebbing...

Last year, thousands to tens of thousands of film companies were registered across the country, and 1500 to 2000 companies had submitted their projects for approval and wanted to make films...

Any listed company publishes a fictitious news of cooperation with Hollywood, and the stock price can skyrocket.

Relying on PPT and investment news, Kemei Pictures and Yinji Media have a market value of 400 billion, and the other is even more outrageous, with a market value of 600 billion!
This thing is to the extent that you can exchange money by drawing a cake.

It is the result of the strong guidance and boost of capital!

This year, one is policy, and the other is that the film market has become more rational, and many investors have returned to normal—it is too difficult to make money through films.

It's better to invest in live broadcast than to engage in this, at least you can meet and chat with internet celebrities in person...

When the market is cold, once the hot money loses money, it will be like nothing, flee quickly, and never dare to enter again!
We are not fools, nor do we love movies or anything, we just want to make money...

Affected by twists and turns, leading film and television stocks Wanda Cinemas, Huayi Brothers, and Enlight Media fell by 55%, 47%, and 35% respectively...

Compared with the same period last year, the market value of the three companies evaporated by 780 billion yuan, 295 billion yuan, and 195 billion yuan respectively, totaling 1270 billion yuan.

Even the market value of Tianxia Entertainment has ushered in a round of limit drop-the general environment is such that it is inevitable.

The trend of capital ebb is obvious, and of course the industry must start to speak out...

Something like 'This is just an adjustment period', 'The bubble has been squeezed out because of the reduction in ticket subsidies', 'The number of screens has increased'...

To be honest, in Shen Changlin's view, this thing can only be regarded as a small fight, because the situation will only get worse!

Compared with the film and television winter from 2018 to 2022-the capital market, including policies, have adopted a policy that is close to a blockade of the film and television industry.

There are no new companies listed, and there is no way to raise funds, which directly causes capital problems for the backbone enterprises and listed companies in the industry...

This little setback is nothing!
In the past, everyone was discussing that a certain film project of a certain big director found his own brother and sister, now what?
Playing a puppet show can be a hot search.

——Why do video platforms work so well?
Answer: Because they are rich, and, in the general environment, only they are rich!

……

Shen Changlin said calmly: "Normal phenomenon, according to the mature market, the price-earnings ratio of Tianxia Entertainment is at most 10 times the profit, which is between 300 billion and 400 billion... In recent years, due to the overheating of the film and television sector, the market value has always been somewhat inflated. high!"

The market value of Tianxia Entertainment once approached 800 billion.

But in fact, the growth rate of the company's net assets, income, and profits is far behind the growth rate of the market value, which means that compared with the actual development of the company, the market's estimated price far exceeds its actual value .

This is almost a common problem in film and television entertainment stocks in the past few years.

Zhao Shan called and told about the 27% drop in the market value of Tianxia Entertainment... She was very anxious!

"Then... what to do?"

"Legal business, righteous business... This is a big trend, what can I do?"

It is indeed a major trend. In terms of policy, starting in May, the China Securities Regulatory Commission has tightened regulatory standards for mergers and acquisitions in the film and television and game industries.

The cross-border expansion of the four industries of Internet finance, games, film and television, and virtual reality began to follow the principle of "one case, one discussion". The regulatory standards for mergers, acquisitions, reorganizations, and refinancing in these four industries have become stricter.

The policy effect was immediate.

For example, Fan Bayi's 7 million dream was shattered - Tang De Film and Television planned to acquire Amy God for [-] million.

The beauty god is the same as Dongyang Meila, except that Dongyang Meila wears pants, and the beauty god is Fan Xiaopang.

If it was a few years ago, this acquisition would definitely be no problem, but this year, it was directly blocked by the China Securities Regulatory Commission.

By the way, the original time and space broke out that Baofeng was planning to acquire Straw Bear Company for 31 billion, but it was also blocked by the China Securities Regulatory Commission.

In terms of form, the model of small fresh meat + big IP is no longer useful...

Knowing that it won't work, who will throw money?
Pulling back, Zhao Shan asked, "Can Tianxia Entertainment jointly produce the "Ghost Blowing Lantern" series?"

"...That's fine. From now on, Tianxia Entertainment will be the co-producer of all the works in which meaty characters appear."

"Rouba's popularity is still at the top...We helped her win the Golden Lotus Award, and even signed up for the Changchun Film Festival...Hundred Flowers Award for Best Actress can actually be won!"

Shen Changlin hurriedly stopped: "No, we will give up all the Hundred Flowers Awards this year... including my film, don't sign up either!"

"…why?"

"Just do what you want."

why?
If I remember correctly, Li Yifeng and Yang Tianbao won Best Supporting Actor and Best Supporting Female in this year's Hundred Flowers Awards...

The two of them won the award, which means that the reputation of the Hundred Flowers Award has completely collapsed!
Even if he wanted to struggle later, he was always ignored by the audience.

Sometimes I really can't figure it out, you don't have the acting skills of King Kong, don't take the porcelain award blindly; you can't poke the eyes of all the audience, don't engage in this idea of ​​fishing in troubled waters.

Maybe, maybe they really think they have acting skills?

When the reputation of an award collapses, no one cares about it. It's better not to be a funeral object!
Zhao Shan didn't dwell on this topic, just follow suit.

Changed the topic: "Why not add meat to "Tang Detective 2"?"

"...Jin Chen is also pretty good. After all, she is also the first batch of actresses to join the company, so I still have to give her a chance..."

"Okay, I know you miss the past..." Zhao Shan suddenly thought of something: "By the way, I invited Zhang Manyu!"

"...What Zhang Manyu?"

"For the variety show "I Am an Actor", I invited Zhang Manyu...she agreed to be a judge."

Shen Changlin was startled, and hurriedly asked, "How did you convince her?"

"I said that if she doesn't come, we will find Zhang Ziyi... Then she agreed!"

(End of this chapter)