How China Entertainment was developed

Chapter 715: Selling the Distribution Business
Time enters January 2016.

In the overseas film market, [Star Wars Episode VII: The Force Awakens] is still the king.

So far, the cumulative box office of "Star Wars Episode VII: The Force Awakens" has exceeded one billion US dollars, and it has not yet been released in the mainland, the world's second largest movie market.

However, it is not far away from the time when [Star Wars Episode VII: The Force Awakens] enters the mainland movie market.

Because Disney Pictures and China Film Group have negotiated the qualifications for the introduction of "Star Wars: Episode VII: The Force Awakens" and it is scheduled to be released on January 7th.

And on the Mainland Film Market.

The Dengchao couple's "Bad Angel", under the influence of "Detective Chinatown", a comedy movie of the same type with excellent quality, has completely declined in box office. The single-day box office has dropped to one to two million yuan, and the film schedule has also dropped. It dropped to about 5.7 percent.

"Detective Chinatown" instead achieved a 24.5% film schedule, and at the same time maintained its single-day box office at 20 to 30 million yuan, bringing the cumulative box office within two weeks. It has been pushed to about 500 million yuan.

Then "Lao Pao'er" directed by Guan Hu and starring Feng Xiaogang, relying on Feng Xiaogang's box office appeal over the years, and currently relying on an 18.3% film schedule, has a single-day box office of one to two thousand yuan.

However, the most successful one in the entire Lunar New Year festival is [Looking for the Dragon].

After more than three weeks of screening time, the cumulative box office of "The Secret of the Dragon" has exceeded RMB 2015 billion, surpassing the box office of "囧", which was RMB billion, and became the third place in the box office rankings of domestic films released in .

Of course.

[Dragon-Seeking Technique] is about to stop here.

Because the runner-up above it is "Charlotte" with a box office of 2.1 billion yuan in the mainland, and the top champion is "Monster Hunt" with a box office of 2.4 billion yuan in the mainland.

The gap between "The Secret of the Dragon" and the two films that both crossed the 2 billion yuan box office threshold is still a bit big.

And under the influence of [Star Wars: The Force Awakens], which will be released on mainland film and television on January 1, I also know that I will have no chance to touch the threshold of 9 billion yuan in box office.

Of course.

Although "The Secret of the Dragon" only ranked third in the 2015 mainland film and television box office rankings.

But Wanda Pictures is already very happy.

Because 2015 is considered the year when Wanda Pictures officially entered the mainland film industry in a big way, and now that 2015 has come to an end, the results that Wanda Pictures has submitted are also quite exciting.

The wholly-owned production of "Detective Chinatown" has already exceeded 500 million yuan in box office, and has a high probability of exceeding 800 million yuan.

The wholly-owned production of "The Secret of the Dragon" has already exceeded 1.5 billion at the box office, and there is a high probability that it will reach 1.6 billion.

There are also "Pancake Man" with a box office of 11.6 billion yuan and "Get Out!" with a box office of 5.1 million yuan. Tumor King].

They participated in the 2.09 million yuan box office "Equator", the 30 billion yuan box office "Charlotte", and the 4.07 million yuan box office "Zhong Kui Conquers the Demon".

The release of "Run!" with a box office of 4.42 million yuan. brother】.

In total, the revenue from the film market projects handled by Wanda Pictures in 2015 is expected to reach a box office of RMB billion.

And because the industrial chain of Wanda Pictures runs through the upstream and downstream of the film and television industry.

Therefore, a considerable part of the 8 billion yuan in box office revenue will become data in Wanda Pictures' financial statements. This is eight billion!
Even for the trillion-level Wanda Group, this is a considerable financial figure.

Not to mention that the current Wanda Group has begun to have ideas of transformation and diversification in the company's business and development strategy, so Wanda Pictures has accelerated negotiations with Zhang Nan at Longbow Distribution Company.

……

Longbow Publishing Company.

In the conference room.

Sitting on both sides of a long table were Zhang Nan and Chen Xi, the head of Wanda Pictures.

Zhang Nan neatly signed a document transferring Longbow Distribution Company and the global theater channel business.

no way.

Wanda Pictures showed too much sincerity and gave too much.

In the original time and space, Wanda Pictures acquired the second largest theater chain in North America in 2016, and only paid 31 billion US dollars, which was equivalent to the exchange rate of 6.5 at the time, which was almost billion yuan.

Now Wanda Pictures is acquiring the distribution channels and affiliated theaters of Longbow Distribution Company from Zhang Nan, and the asking price has reached 187 billion yuan.

Of course.

Wanda Pictures did not take advantage of this.

Because of the channels and affiliated theaters of Zhang Nan's Longbow Distribution Company, its size in the North American movie market is not as large as that of the second largest theater chain in North America.

But the advantage is that it has a wide coverage, and it has released movies with a box office of 7.8 billion US dollars worldwide.

Especially in Asia, apart from the mainland and Asan markets, it has a dominant performance in other places.

It can be said that through the acquisition of Longbow Distribution Company's hair distribution channels, and combined with its own distribution channels in the mainland, Wanda Pictures can directly become the undoubted overlord of Asian distribution channels, and can be regarded as a global distributor. Number one.

"Although it may be a bit pretentious to say this, I still can't help but want to say it." Zhang Nan handed the signed document to Chen Xidao, who was sitting opposite and represented Wanda Pictures.

Chen Xi took the document handed over by Zhang Nan. He was relieved that the deal, which had been negotiated for several years, was finally finalized. At the same time, he felt the weight of the document in his hand.

Because this cost more than 18 billion yuan to buy!

So he was stunned for a moment, and then responded to Zhang Nan's words: "Director Zhang, they all say that business cannot be done without mercy. Today we have done business again. We were all friends in the past. If you have anything to say, just say it. No matter how pretentious it is, it doesn’t sound pretentious to me.”

Hearing Chen Xi's face-saving suggestion, Zhang Nan stopped hiding it and said bluntly: "Actually, I was planning to get involved in the film distribution industry, although I said it was just for fun.

But those are just soft words to confuse the Hollywood giants. The actual purpose is to overthrow the eight Hollywood giants.

However, over the years, I have spent too much energy on film directing, starring, etc., and my soft words have become true, which is quite a pity. "

Upon seeing this, Chen Xi hurriedly said: "Don't worry, Director Zhang. Since we, Wanda Pictures, have taken over the distribution business of Longbow Distribution Company from you, we will definitely not make small fuss, but focus on big things." Come, let me tell you some news in advance. Not only do we value your Longbow Distribution Company, but we have also initiated acquisition negotiations for the second largest theater chain in North America.”

(End of this chapter)