China Entertainment started from Nortel 2002

Chapter 1066 Two plans
April in BJ is full of spring. The gentle breeze blows across the green tiles of the courtyard, bringing with it a few wisps of light tea fragrance.

The location chosen by Li Mu is a teahouse hidden deep in the alleys of Dongcheng District. The teahouse is called "Xianyun" and is famous for its tranquility and simplicity.

The interior of the teahouse is separated by a wooden carved screen, making the space independent yet not cramped. The elegant sound of the guqin lingers softly, and outside the window is a small bamboo forest, with bamboo leaves swaying in the wind, reflecting the mottled window lattice.

Li Mu and Ye Ning sat in a corner near the window. The table was already filled with several plates of snacks: crispy date paste cakes, crystal pea yellow, and steaming hot dumplings.

The waiter respectfully poured two glasses of Biluochun and then left.

The tea is clear and has a light and elegant aroma.

"Mr. Ye, how long has it been since we had a drink of tea together like this?" Li Mu said with a smile as he picked up the teacup.

Ye Ning took a sip of tea and said, "It's been a few years, I can't quite remember."

"When you were still in Wanda, we often had tea together."

Li Mu was also filled with emotion. In the blink of an eye, more than ten years had passed.

Compared with the past, Ye Ning has changed a lot now. He is less aggressive than he was in his youth, but more calm and composed.

Upon hearing this, Ye Ning was silent for a moment.

If Wang Jianlin had been willing to promise him at the beginning, perhaps he would still be in Wanda now, but there are no ifs in life.

After a few pleasantries, Li Mu put down his teacup and asked, "What do you think about Wanda Films?"

Ye Ning was just picking up a piece of pea yellow with bamboo chopsticks on the table. Before he could taste it carefully, he said, "Director Li, we must prepare for both situations this time.

The first plan should be our optimal solution, which is for Mengying Media to directly control Wanda Films and occupy a dominant position. "

Li Mu nodded and motioned for the other party to continue.

“You know Wanda Film’s current predicament better than I do. If Wanda Commercial Management continues to be unable to go public, they will have to fill the funding gap by selling assets. This is our opportunity.”

Li Mu didn't say anything and continued listening.

"But the difficulty lies in the resistance within the industry. If Mengying Media holds a controlling stake in Wanda Film, it will undoubtedly make many people feel threatened." Ye Ning said slowly, "I understand that not only Tencent Film and Ruyi Film, but other film and television companies are also watching secretly.

Many people don’t want Mengying to dominate the market. If someone interferes, we can only start the second plan.”

"What's the second plan?"

“Join hands with Tencent and Ruyi Films to jointly control Wanda Films and establish a three-party joint venture structure.

But the difficulty lies in how we can retain the largest proportion of equity and control a certain degree of dominance to form a dynamic balance.

This may not be the best option, but it is a safe option. It will unite the two parties, relieve some of the pressure that may be formed in the future, and avoid unnecessary industry confrontation.”

Li Mu pondered for a moment, his eyes fixed, "Both solutions are good, but I prefer the first one. Compromise may be an art, but if you can avoid it, don't compromise."

He wants a real film and television empire. Although it is okay for several companies to join together, why should he divide it up when one company can dominate the market?

As for the so-called resistance, it depends on your ability.

Ye Ning nodded: "I understand. I will prepare a detailed plan for you in the next few days for the specific implementation details. In addition, should we contact Wang Jianlin in advance?"

"Let's wait for a good opportunity. Now that Wanda Commercial Management's listing has been blocked again, Wang Jianlin's attitude may become more relaxed." Li Mu said lightly, with a hint of certainty in his eyes.

At the same time, in the large office at Wanda headquarters, Wang Jianlin was standing in front of the French window, overlooking the bustling city. Beside him, Zeng Maojun stood one step back, holding a stack of documents in his hands.

"There have been a lot of rumors about Mengying Media in the industry recently." Wang Jianlin said lightly, with a hint of majesty still in his voice.

"Yes, Mr. Wang. It is now rumored that Li Mu has already taken action and is seeking a controlling stake in our Wanda Films." Zeng Maojun whispered.

"However, many people in the industry do not want Mengying Media to dominate the market. After all, if Wanda Cinemas is included, Mengying Media will have nothing to worry about in the industry."

Wang Jianlin sneered and turned around: "Didn't they do the same when Wanda Films was doing well?"

Wanda acquired Time.com, overseas cinema chains, and Legendary Pictures. Wanda was once blocked by others even when it was at its peak.

"Over at Ruyi Film and Television."

"Ha!" Wang Jianlin sneered, "Leave them alone for now. They wanted to use Tencent to lower the price before, but the price they offered was not fair. After Mengying showed interest in joining the game, things changed quite quickly."

“People in the industry don’t want Mengying Media to grow, but I think we can help Li Mu.”

"I'll do it?" Zeng Maojun's eyes moved slightly, "What about listing?"

“It’s hard to say. We can delay it for a while, but if there is no news before June, I’m afraid we’ll have to sell some before the second quarter.”

Wang Jianlin sighed. If it weren’t for the fact that a good cook cannot cook without rice, he really didn’t want to sell these assets. But now, several hundred million yuan may become Wanda’s last straw.

"Maojun, you said Li Mu and Sicong are about the same age, how come there is such a big difference?"

Zeng Maojun was about to leave, but Wang Jianlin seemed to be asking him questions and muttering to himself.

Looking at Wang Jianlin's somewhat hunched body in recent years, he didn't know how to answer this question. He couldn't answer it and could only remain silent.

"Okay, then Mr. Ke, see you the day after tomorrow." Li Mu said lightly, then hung up the phone.

"Who is it?" Liu Yifei was a little surprised, because she was not very familiar with the name Mr. Ke.

"Ruyi Films."

Li Mu sat on the sofa, thinking in his mind.

“Aren’t they also in contact with Wanda Films?”

"I guess he wants to test the waters. I feel the same way." Li Mu replied with a smile. Then he thought about it and called Ye Ning again, asking her to go with him the day after tomorrow.

A few days later, in a private room of a high-end restaurant in BJ, Li Mu and Ye Ning sat face to face with Sun Zhonghuai, president of Tencent Film and Television, and Ke Liming, a representative of Ruyi Film and Television.

Sun Zhonghuai and Ke Liming looked at each other. They obviously didn't expect that Li Mu had also called Ye Ning here.

But he didn't show any strange expression.

After a round of greetings, Sun Zhonghuai spoke first: "Director Li, Mengying's big move this time has made us all nervous."

Li Mu smiled and took a sip of red wine, then joked: "Mr. Sun, Tencent is a big company, and Mengying Media is also a big move? I don't believe it, don't bluff me."

"Haha, it's my fault. I have a problem with my words. I'll drink a glass of wine as punishment."

(End of this chapter)