China Entertainment started from Nortel 2002

Chapter 1068: Verbal confrontation, hard work, don’t want to sell it?

"call!"

Li Mu took a deep breath, because it was obvious from this phone call that Wang Jianlin was probably going to sell Wanda Films.

He doesn't know how much it will sell for, but he is very clear that Wanda is extremely short of money now, and even if it does not sell all of its shares, it will sell part of them.

This is also a good opportunity for Mengying Media to acquire high-quality cinemas.

"I just don't know if Ruyi Film and Television is also in the process of negotiating?"

Li Mu tapped the edge of his office chair with his fingers, thinking in his mind, then picked up the phone and dialed Ye Ning.

"Mr. Li, will my presence affect the plan?"

Ye Ning had some concerns. After all, Wang Jianlin was offended by Huayi because of this incident. Later, he settled all the new and old grudges with Huayi, which made Huayi suffer a lot.

"The fact that Lao Zeng called me means that there is no impact." Li Mu smiled faintly, "You don't think they don't know, do you?"

Upon hearing this, Ye Ning immediately smiled.

It’s true. The circle is so small that everyone can see every move clearly.

"Wang Jianlin is not such a petty person, don't worry."

If a person who can do such a big business cares too much and has a shallow vision, then this business will definitely not be big.

Shortly after Li Mu received the call from Wanda, Ruyi Film and Television also received a similar invitation.

Colin Ming, chairman of Ruyi Film and Television, was meeting with senior executives at the time, and this news was like a stone thrown into a calm lake, causing ripples.

The atmosphere in the meeting room was slightly tense.

"Mr. Ke, this is a great opportunity for us to compete for high-quality cinemas, but the probability of Mengying Media entering the market is not small, and Wang Jianlin's appetite will not be small either. Price may be the key."

The CFO pushed up his glasses, looking a little worried.

“I think this is not only a competition of funds, but also a prediction of the future cinema landscape. The key is how much it is worth now, how much it is worth to Mengying, and how much it is worth to us.

If we can control the equity of Wanda Film, will this deal be worthwhile in the end?" the marketing director took over the conversation.

Colin Ming nodded slightly, tapping the tabletop with his fingers.

"Get ready for the final plan. Li Mu's Mengying Media will most likely be included in it." Ke Liming glanced at everyone, his tone calm but with a hint of pressure.

When the name "Li Mu" was heard, there was silence in the conference room.

Obviously the uncertainty lies here. Only Mengying Media is qualified to compete with them. The others either have insufficient cash flow or lack sufficient strength.

But Ruyi Film and Television is backed by Tencent, which has sufficient strength and funds.

It wouldn't be bad if only Mengying Media showed up, but this is the trouble.

The May Day holiday has quietly ended, and many scenic spots have seen crowds of people. The public's pent-up desire to travel for three years was finally released on this year's May Day.

Compared with the popularity of scenic spots, the national movie box office during the May Day holiday is not to be outdone.

The total box office of the 2023 May Day holiday exceeded 15 billion yuan, ranking among the top three May Day box office movies in Chinese film history. "The Unfamiliar Road", "King of the Sky" and "So Many Years" ranked in the top three, with box office revenues of 5.09 million yuan, 4.62 million yuan and 1.72 million yuan respectively.

Although there are no super box office blockbusters, this result has once again added a lot of confidence to the film and television industry. At least this year it has really started to pick up.

As for Li Mu and Ye Ning, they discussed several versions of the acquisition plan for Wanda Films and finally decided on one.

Rather than saying it's settled, it's better to say that in the end you have to play it by ear. After all, sometimes business can be discussed in very detail, but it can also be discussed in a very rough manner. The key is who you talk to.

On May 10th, Li Mu and Ye Ning arrived at Wanda headquarters in the core area of ​​the imperial capital's CBD.

The building is still magnificent, with its exterior glass reflecting brilliant light in the sun. However, if you look closely, you can see that this building, a symbol of the business empire, seems to have lost some of its former sharpness.

The employees coming in and out walked hurriedly, with a hint of anxiety between their brows.

Li Mu and Ye Ning walked into the hall, and what caught their eyes were the magnificent marble floors and high-hanging crystal chandeliers.

But in contrast to these luxurious decorations is the slightly empty reception area and the noticeably reduced number of visitors.

A staff member in dark blue business suit came over to greet us.

"Mr. Li, Mr. Ye, Mr. Wang and Mr. Zeng are already waiting in the conference room. Please follow me."

The two smiled and nodded, then followed the staff into the elevator.

As the elevator went up, Ye Ning looked around, feeling somewhat emotional, and said softly, "It feels a bit precarious."

This feeling was completely different from when he was in Wanda. Back then, people coming and going here had no anxious looks on their faces, but were full of energy and vigor.

"There is a price to pay for the giant ship to turn around." Li Mu nodded and sighed.

After a while, the elevator stopped at the top floor.

The staff led the two into a spacious conference room where Wang Jianlin and Zeng Maojun were already seated.

The atmosphere in the conference room was quite formal. Wang Jianlin was wearing a dark gray suit and Zeng Maojun was wearing a dark blue suit. Both of them had a familiar business smile on their faces.

"Mr. Li, welcome, welcome."

"Mr. Wang, I've heard a lot about you." Li Mu smiled and shook hands with him.

After Li Mu, it was Ye Ning. Just as Li Mu expected, Wang Jianlin didn’t mind at all. Instead, he felt a little emotional.

"Has it been smooth sailing since leaving Wanda these years?"

"It's okay. Thank you Mr. Wang for your care back then!" Ye Ning nodded slightly.

So many years have passed, and the disputes between the two parties cannot be said to have disappeared, but at this point, there is no need to bring up the past again.

After a few greetings, the four of them sat down.

"Someone from Ruyi Film and Television came here yesterday."

Wang Jianlin spoke with a smile and poured tea for a few people.

Li Mu and Ye Ning remained expressionless, as they had expected this. However, it was obvious that Wang Jianlin wanted to tell them that Wanda Cinemas was not cheap and that there were competitors.

"What an old fox." Li Mu sighed secretly in his heart, but gently picked up the teacup on the tea table.

"That's why Mengying Media needs to come last, right?" Li Mu responded with a chuckle.

Li Mu's meaning is very clear. It is precisely because you are not suitable for Ruyi Film and Television that you need Mengying Media to cover the bottom line.
Zeng Maojun was slightly stunned.

Wang Jianlin laughed and said, "It's hard to say, it's hard to say. We can talk about it again after we've talked about it!"

The verbal battle between the two actually started from the very beginning.

After all, this is a business worth tens of billions or even hundreds of billions. It may seem like a conversation, but in fact it has begun a psychological battle.

But the topic ultimately falls on Wanda Films.

After the confrontation between the two sides, Wang Jianlin seemed reluctant to let go. "Wanda Film is our hard work over the years. To be honest, I really don't want to sell it."

(End of this chapter)