It's reasonable for me, a stuntman, to live a crazy life, right?

Chapter 1394: A whopping 127.5 billion!
With the official conclusion of "The Return of the South China Sea", the film industry's attention immediately turned to the many Spring Festival blockbusters that are still showing in theaters.

The producers of "The Wandering Earth 2" and "Man Jiang Hong" announced the second key extension through their official accounts at almost the same time:

"To thank the audience for their love and support for the film 'The Wandering Earth 2,' the film's release will be extended for the second time, after consultation between the film's producers and distributors, until April 15, 2023."

From the breathtaking visual effects of the 'Space Elevator' to the exhilarating moment of 'Those Over Fifty, Step Forward,' we thank everyone who joined us on the 'Wandering Earth Project.' The cinematic lights remain, inviting you to another journey to the stars."

"Huanxi Media would like to extend a second key extension to all movie fans who are interested in 'Man Jiang Hong': Due to the continued popularity of the film and in response to the demand from audiences and theaters, 'Man Jiang Hong' will be released on April 7, 2023."

The music continues, loyalty remains undiminished. With its twists and turns and the stellar performances of the entire cast, we hope the film will continue to resonate with more people in theaters. Thank you for your support; see you on the big screen again.

As soon as the two announcements were released, many viewers who hadn't had a chance to see the film spontaneously took time out of their busy schedules to go to the theater.

Many people originally planned to wait until the movie finished its theatrical run and then watch it on a video platform using a VIP membership.

After all, VIP members either already have a prepaid subscription or can watch a bunch of movies for just a few dozen yuan, which is much more cost-effective than buying a movie ticket separately.

However, as soon as the second round of postponement notices was issued, the ticket prices for these two films in theaters quietly dropped significantly.

Tickets that used to cost hundreds of yuan can now be had for forty or fifty yuan.

Some cinemas are even having promotions where you can get a discount if you buy tickets together with others.

As a result, many people were tempted.

"It's only the price of two cups of milk tea, how awesome would it be to go to the cinema and watch a movie on a giant screen!"

"I was planning to go again anyway, and this price is just right."

"If you don't watch it now before it's taken down, you'll miss out on the coolness of 3D."

Many people online were saying the same thing, so they simply dragged their friends to the cinema.

After all, the visual and sound effects on a big screen are far inferior to those on a mobile phone or computer screen.

The space elevator in "The Wandering Earth 2" is especially memorable; it's only truly immersive when seen in a movie theater.

Spending this much money for an immersive experience seems worthwhile.

Meanwhile, the cinema chains also breathed a sigh of relief.

With these two evergreen box office hits supporting the film, the pressure of scheduling for the next month will be significantly reduced, and it will also give the otherwise quiet season a bit more confidence.

However, compared to the steady box office performance of "The Wandering Earth 2" even after its extension, the box office growth of "Man Jiang Hong" has slowed down significantly even after its key was renewed.

Daily revenue has plummeted from tens of millions to just a few million, a difference that is readily apparent.

Huanxi Media.

In the office, Dong Ping stared at the box office data on the back end, his brows furrowed tightly.

On the screen, the box office figures for "The Wandering Earth 2" have already firmly surpassed 61 billion yuan and are still jumping up rapidly.

Meanwhile, "Man Jiang Hong" has only moved a few million yuan after half a day, hovering around 33 billion yuan, like a slow snail.

He sighed heavily, tapping his fingertips on the table, feeling a tightness in his chest.

In fact, a performance of 33 billion would have been top-notch in previous years, but the competition was too fierce.

What frustrated him even more was that the gap shouldn't have been this big!
If it weren't for the controversy surrounding the phrase "half a pool of green," the film's reputation wouldn't have been so ruined, and it might have had a chance to improve.

Netizens dug up a bunch of controversial points based on these three words, causing the reputation to plummet and the box office to lose momentum.

It's too late to make amends now; we can only watch helplessly as "The Wandering Earth 2" drifts further and further away.

He was filled with remorse, but he had no choice but to swallow his pride and admit defeat.

……

"The movie 'Boonie Bears: The Big Adventure' officially ended its run today, with a box office of 16.33 billion yuan."

Fantawild and Flying Leap Films announced that the second "Fantawild Flying Leap Animation Film City Park" will officially open at Shanhe Film City during the summer vacation.

Hong Kong media reported that Hong Kong star Su Hailin, under the stage name Erina, has entered the Japanese AV industry and released a number of excellent works, which have caused a stir in Japan.

"The film 'The Vanished' has been officially announced to be more than halfway through filming and is expected to be released in theaters during the summer vacation."

"The Hollywood import 'Fast & Furious 10' has been officially announced to be released on May 17."

“耗资高达10亿！2018年开拍！2020年杀青，后期制作长达三年的国产第一神话/动作/史诗大片《封神第一部》，正式宣布定档7月20日。”

As the Spring Festival film season draws further into the past, online searches have been trending for several days.

The first thing that catches everyone's eye is the performance of the latest "Boonie Bears" movie.

As a regular feature of the Spring Festival film season, Boonie Bears once again demonstrated its high quality!

Films that outperform it at the box office all have their own highlights and merits.

As expected, those films with lower box office returns suffered from poor reputation and quality.

With its captivating storylines and excellent production, this series of animated films has long been a top choice for family viewing, firmly establishing itself in the Spring Festival film season and becoming an indispensable cultural symbol.

Fantawild has made a fortune thanks to the "Boonie Bears" IP!

Furthermore, the theme park project, a collaboration between Fantawild and Feiyue Film & Television, has been incredibly lucrative.

Since the opening of the first Fantawild Oriental Mythology theme park last year, it has been just as popular as Disneyland and remains a must-visit destination for many people.

This theme park, which focuses on the essence of 5,000 years of Chinese culture and intangible cultural heritage and utilizes the latest technology, cleverly blends traditional culture with modern entertainment.

It offers both thrilling rides and educational cultural experiences, ensuring enjoyment for both the elderly and children, making it incredibly popular.

Now, the second new theme park is about to open, and it has been chosen to be located in Shanhe Film and Television City, the home base of Feiyue Film and Television. This will undoubtedly bring huge development opportunities to the local tourism industry.

The new amusement park will not only attract a large number of tourists, but also drive the development of surrounding catering, accommodation, transportation and other related industries, creating more job opportunities and economic benefits.

As a result, the local government was overjoyed and provided Shanhe Film and Television City with a new round of policy subsidies.

The top leader even declared that if Shanhe Film and Television City could surpass Hengdian Film and Television City, there would be huge benefits!

In comparison, the Hong Kong star's decision to switch to the adult video industry did not generate much discussion.

In this day and age, the rich are extremely rich, while the poor are all struggling.

The phenomenon of laughing at poverty but not at prostitution is all too common.

There are countless online celebrities who have gone into adult entertainment, not to mention unknown Hong Kong stars, who haven't received much attention at all. Films like "The Vanished" and "Fast & Furious 10" also failed to generate much buzz.

Apart from a few people who want to capitalize on the "female dividend" and are figuring out how to profit from "Missing Her," no one else takes this movie seriously.

As a globally renowned action movie series, the Fast and Furious series has indeed garnered countless fans with its thrilling car chases and heartwarming brotherhood.

However, as more and more sequels were made, many people gradually lost interest in the "Family Hero" IP.

After all, this movie is getting more and more outrageous; it's almost like they're driving cars into space.

The content is too homogenized; you can guess the ending just by reading the beginning, which is really boring.

On the contrary, many people are quite looking forward to "The First Part of Investiture of the Gods".

Because this film, from the very beginning of its preparation, claimed that it would meet the audience's expectations for the film adaptation of Chinese mythology, it has attracted much attention since the preparation stage.

According to Reuters, the film features exquisite costumes, props, and sets, as well as a powerful cast.

All of these factors have given many viewers confidence in the film!
Even theater chains are hoping that this film will achieve great box office success during the summer season and add another glorious chapter to the history of Chinese films!
These online discussions were making headlines, but Chen Fei didn't pay much attention to them.

Because he's been buried in piles of documents lately, and his wrists are aching from signing so many!

On the coffee table in Feiyue Film and Television's office, there was a thick stack of cooperation agreements spread out.

Looking up, you can see the words "Strategic Cooperation Framework between Longxiang International Capital and Wanda Cinema Line" printed on the top.

The collaboration was ultimately successful!

After careful consideration, Wanda finally relented and chose to cooperate with Longxiang Capital instead of the Ruyi Group, which had been eyeing the company covetously.

Zhou Shouzi had just come from the negotiating table, his face showing some fatigue, but he couldn't hide his smile: "In the end, Wanda decided that our side was more practical in terms of resource coordination and subsequent planning."

Although Ruyi has Tencent's backing, its film and television content cannot be connected with theaters, and they themselves are worried about the ability to keep up with post-production operations.

Chen Fei flipped to the last page of the agreement, picked up his pen and signed his name, a smile playing on his lips: "As expected, what Ruyi lacks is the foundation of content and operation. We have IP and production teams, and only by tying ourselves to the cinemas can we truly achieve a win-win situation."

As he spoke, he pushed the signed documents over and added, "Let's proceed according to plan. First, we'll finalize the transfer of 30% of the shares. As for the subsequent cinema upgrades and film slate coordination, let Ye Ning keep an eye on it."

"okay!"

Zhou Shouzi nodded in agreement and went back to his work.

……

Before we knew it, it was March 10th.

That morning, the once peaceful entertainment industry was suddenly shattered by a bombshell piece of news!
Wanda Group and Longxiang International Capital released a joint statement on their official platforms at almost the same time, which immediately caused an uproar across the internet!

[Announcement of Strategic Cooperation between Wanda Group and Longxiang International Capital]

"After friendly consultation between the two parties, Wanda Film Co., Ltd. (hereinafter referred to as "Wanda Film"), a subsidiary of Wanda Group, and Longxiang International Capital (hereinafter referred to as "Longxiang Capital") have officially reached a strategic investment cooperation agreement.

Longxiang Capital invested RMB 127.5 billion in cash to acquire a 30% stake in Wanda Film.

Upon completion of the transaction, Longxiang Capital will become the second largest shareholder of Wanda Film. The two parties will engage in in-depth cooperation in areas such as cinema operation upgrades, film and television content distribution linkages, and the integration of offline and cultural tourism scenarios, jointly exploring new models for the coordinated development of the film and television industry chain.

This collaboration aims to integrate the strengths of both parties. Wanda Cinema will leverage the financial support and industry resources of Longxiang Capital to further optimize its cinema layout and improve service quality.

Longxiang Capital will leverage Wanda Cinema's offline distribution network to promote the efficient integration of its film and television content with physical venues, achieving mutual benefit and win-win results.

This is to announce.

Wanda Group
Longxiang International Capital
March 10, 2023!

Longxiang Capital spent 127.5 billion yuan to acquire a 30% stake in Wanda Film?

This string of numbers was particularly eye-catching and instantly became the focus of heated discussion in the industry!
Some people are calculating the valuation behind this deal, while others are thinking that Feiyue Films (an affiliate of Longxiang Capital) has now completely seized control of the cinema distribution channels.

This announcement is tantamount to drawing a new boundary in the capital landscape of the film and television industry!
For a moment, netizens were stunned!

"Holy crap? Longxiang Capital invested in Wanda Film? 127.5 billion yuan? What the hell?! What are they up to?"

"Doesn't Longxiang already have Pan-Asia Cinemas? Why is it investing in Wanda Cinemas?"

"Damn! Doesn't this mean that Wanda Cinemas is very likely to merge with Pan Asia Cinemas? The number one and number two are standing together? Isn't this going to create a monopoly?"

"A monopoly is impossible, but expansion is obvious. From now on, all the movies produced by Feiyue Films will have guaranteed screenings..."

"I just want to know, what is Chen Fei planning with such a large-scale operation? Is he so optimistic about the film market?"

The outside world's heated discussions grew like a snowball, and Chen Fei's phone never stopped ringing, almost in a continuous stream.

Wang Changtian's call was the most urgent. When he answered, he sounded a bit surprised: "Wow! You're really something! 127.5 billion for a 30% stake in Wanda? I almost thought I misread the number."

"Don't you own Pan-Asia Cinemas? Why are you still pouring so much money into the cinemas? These past few years haven't been a period of high profits for cinemas."

Chen Fei smiled and said, "We need to look at this more deeply. Think about it, what's the most crucial thing in the film and television industry these past two years? It's still distribution channels. No matter how good the content is, if the screening schedule is blocked and the theaters aren't supportive, it's all for nothing if the audience can't see it."

He paused, his voice becoming more somber: "Moreover, the industry is not very stable right now, and capital is looking for a safe place to settle down."

While cinemas may seem like a capital-intensive business, they are a genuine offline traffic gateway. When audiences enter a cinema, they don't just watch movies; there are also opportunities for merchandise, offline events, and even future collaborations with cultural and tourism projects.

"My acquisition of Wanda's shares is not just about securing stable film screenings, but also about uniting content and distribution channels into a cohesive whole..."

Feiyue Films is different from other film and television production companies.

After years of development, Feiyue Films can now control the entire chain from production to distribution to screening.

With its sheer size and numerous cinemas nationwide, Wanda Cinemas has a much wider range of operations and content integration capabilities than if it could effectively manage both risk resistance and revenue generation compared to going it alone.

This is Chen Fei's real purpose!

Wang Changtian was silent for a few seconds on the other end before sighing, "You've really got a shrewd plan. I admire you!"

Although he was envious, he also knew that such a grand layout couldn't be achieved with just light.

Feiyue Films only produces high-quality films, while Enlight Media has had some blockbuster movies and others that have lost money in recent years, and its stock price has fluctuated. It has no opportunity to develop its own cinema chain.

Therefore, he can only cling tightly to Chen Fei's coattails now.

Feiyue Films gets all the meat, while Guangming (his company) would be stuffed even if he only got a little soup...

(End of this chapter)