China Entertainment started from Nortel 2002

Chapter 621 Resource Exchange, Signing Contract

"There's no news from Li Mu, I'm afraid."

Zhang Qiang was muttering at this moment.

At this time, there is an undercurrent in the industry, but it has nothing to do with most people, because it involves the bosses of major film and television companies.

But everyone knows that the film and television industry is taking sides.

Just like Huayi and Wanda Cinema went to the micro-film era, major film companies are making bets.

The Weiying era has also gathered many film companies, and Taopiaopiao is no exception. Baidu’s Nuomi is also catching up.

In fact, film and television companies have always been "eager for channels."

You must know that the proportion of online ticket purchases has jumped to more than 70%, which is equivalent to about 300 billion box office sales last year.

The pattern of online ticket purchasing platforms is basically stable. Apart from BAT, only Maoyan can see it, and it is almost difficult for other companies to intervene.

At this time, Wang Changtian could wake up laughing even from his sleep.

Because compared to Mengying Media, Huayi Brothers, Bona Pictures, Wanda Pictures, and LeTV Pictures, Enlight Media is definitely the most passive in terms of channels. It not only does not have any Internet platform, it does not even have its own theater chain.

And it’s not like he hasn’t tried before. He collaborated with 360.com to create a Chinese version of Netflix, but in the end, the two parties ended up with a “peaceful breakup.”

In 2015, it invested 1.3 million yuan to acquire 68.55% of the equity of the online ticketing e-commerce website. However, in the eyes of the outside world, it was just a follow-up after Huayi.

Because as early as two years ago, Huayi controlled Blockchain for 2.66 million and signed a "gambling agreement."

This time, he and Mengying Media will control a ticketing platform, which is a subversive move.

Moreover, the two of them will exclusively block the possibility of other competitors controlling Maoyan and have decisive influence in Maoyan. This is something that Wanda and Bona cannot do when participating in e-commerce.

Li Mu also breathed a sigh of relief at this moment.

Because he has been waiting for this opportunity for the past two years.

Because Mengying Media is the largest private enterprise in the industry and has many high-quality resources, it is a link that the ticketing platform cannot skip.

Many film and television companies in the industry have their own ideas.

At the same time, Yu Dong sighed in his office.

There is still no news about Li Mu, and he is probably participating in Maoyan.

Cat's Eye, in fact, he is also greedy, but he is more than willing to do so.

First, there is insufficient cash flow, and second, according to Bona’s current valuation, exchanging shares with Maoyan will be a huge loss.

Moreover, it is unknown whether Maoyan will be able to grow into a towering tree after independence due to the BAT attack.

"I don't know how many shares Guang Guang and Mengying have taken."

Yu Dongzai secretly guessed that it would be easy to guess if it was just Guangguang. After all, Guangguang's valuation was there, and like him, the cash flow was not sufficient, although it was better than him because Bona spent a lot of money to privatize it.

However, the valuation of Rays is much higher than that of Bona, and there is a possibility of stock exchange.

It's a pity that Mengying Media has also joined, which is difficult to estimate, because everyone in the industry knows that Mengying Media's cash flow is terrifying. This is a prosperous company that does not require capitalization to survive.

"That's all. If you don't have money, thinking about anything is all in vain."

Yu Dong smiled bitterly. If it had been listed on the A-share market, it would not be what it is today, but he made one mistake and missed too much.

Now my return to A-shares is stuck in the review process, and I don’t know what the year of the monkey is.

Huayi.

Ye Zhu was also muttering.

“I don’t know if it’s right or not, but it shouldn’t be wrong.”

With Tencent's Weiying era behind him, he never thought of the possibility of defeat. After all, everyone could see the power of WeChat.

But what made him quite irritated was that Huayi had this bird-like painting. A few days ago, Wang Zhongjun spent 2.07 million yuan to bid for Zeng Zeng in the "Grand View - Night of Chinese Painting and Calligraphy Treasures" auction in Jiade Spring, China. Gong's "Bureau Affairs Notes".

There is no such boss in the industry who knows how to spend money.

Mengying Media, Enlight Media, New Meida, and Maoyan have each sent professional teams to conduct various reviews and confirmations before signing.

This is not a small project, every detail of the contract is considered, and billions of assets are involved.

Li Mu and others are also very busy. Although their subordinates are working, they cannot be idle.

At the same time, Wanda Cinema Line issued an announcement announcing that it would integrate Wanda Film and Television, Legendary Pictures and other assets into the listed company Wanda Cinema Line, with an overall valuation of 372 billion.

In addition, Wanda Cinema Line will also raise supporting funds of no more than 80 billion yuan to be used for theater construction projects and supplementary working capital.

As soon as the news came out, the industry was shocked.

Because Wanda Group first acquired Legend, then paid for the acquisition through Pre-IPO, and finally put the assets into the A-share listed company, if all this is completed smoothly, it will be a perfect "transnational capital operation."

"Wanda is planning to build a Big Mac."

While Li Mu and Wang Changtian were discussing the contract, they were also thinking about Wanda's ideas this time.

"Director Li, do you think it can be done?"

Zheng Zhihao and Wang Xing seemed more like watching the excitement. After all, they were from the Internet, and most things in the film industry had little to do with them.

"It's hard to say. Wanda's merger with Baofeng Technology and Tang De's merger with Fan Binbin were also halted by the China Securities Regulatory Commission. Wanda may not be able to succeed."

Li Mu said lightly.

The entertainment industry has previously attracted a lot of media attention due to the existence of many celebrity shareholders, and has now become a "hardest hit area" for regulation.

Wanda's approach is a bit like a waste of money. Letting investors pay for it is not an easy task. Moreover, the data in the announcement have been losses for two consecutive years - in 2, total operating income was equivalent to RMB 2015 billion, and net profit was -30.2 billion yuan.

In 2014, Legendary Pictures' total operating revenue was equivalent to RMB 26.3 billion, and its net profit was -28.87 billion yuan.

The "huge losses" of Legendary Pictures are obvious. This is simply treating the investors as a big culprit, and the investors are not happy about it.

Fortunately, Wanda Cinema Line has suspended trading, otherwise the market would have voted with its feet.

At this moment, Chen Sicheng seemed to be interested in revealing the news about the second part of "Detective Chinatown" on Weibo.

A Weibo post raised the expectations of movie fans.

"New York's 'Chinatown' is not a street, but a city, so it's called 'Chinatown'.

There is a richer mix of nationalities and cultures here, and there are richer colors and stories. 'Chinatown' Stop 2, New York."

Obviously he wanted to take this opportunity to stabilize the confidence of the big guy.

Zeng Maojun, chairman of Wanda Cinema Line, also specially found Li Mu:

"Director Li, our two have been partners since the first film, and I won't beat around the bush.

Wanda hopes to participate in the investment of a film other than directed by Director Li. In exchange, Mengying Media’s investment share in the second part of "Detective Chinatown" will remain unchanged.
Director Li, what do you think? "

Although Zeng Maojun is reluctant to part with his share of "Detective Chinatown", such an exchange is still beneficial to Wanda.

The expected value of a movie is limited, but if it is replaced by two movies, the expected value will be higher.

At least it will help stabilize investor confidence.

And in his view, Wanda Cinema Line must turn Wanda Pictures into a listed company, otherwise, the story of the movie giant will eventually be missing a link.

"can!"

Li Mu thought about it and realized it wasn't a bad idea.

"Okay, Director Li, happy to work with you!"

"Happy cooperation!"

After Zeng Maojun received a positive reply, he hurriedly announced it.

"The second part of "Detective Chinatown" is about to start filming. In addition, Wanda Cinemas and Mengying Media have reached a cooperation intention for subsequent films."

I have to say that this announcement made Ren Ren very excited.

Moreover, Mengying Media's works have always been popular and the box office is not low. In the eyes of many people, Wanda seems to have made hundreds of millions in an instant, and its profitability is very strong.

At this time, Taopiaopiao, a subsidiary of Alibaba Pictures, took the lead in announcing that it would enter the pan-entertainment industry and cooperate with Damai and Ali Sports.

It has received RMB 17 billion in Series A financing.

This round of financing was led by CDH Investments, Ant Financial, and Sina.com, with participation from Hehe Pictures, Bona Pictures, Huace Film and Television, Nanpai Pan Entertainment, Lianrui Pictures and other institutions.

After the completion of financing, the valuation of Taobao Movies has reached 137 billion yuan.

This valuation is unparalleled.

“The valuation is really high! It’s worthy of being backed by Alibaba.”

“A few more people are joining the queue to get tickets!”

"."

Anyone with a discerning eye in the industry can see that Taopiao is now very popular, and there is also Alipay as an entrance to provide it with traffic, which can be said to be at its peak.

Nowadays, each of the major ticketing platforms has its own film industry team, leaving only Maoyan, where everyone’s attention is focused.

"Light and Dream Shadow together?"

"Will Li Mu's vision collapse?"

"This is the Internet, not the film and television industry. It's normal for Li Mu to make mistakes."

"."

Enlight Media is a well-known company because the company is already in the suspension stage, but Mengying Media is not listed and does not need to be announced to the public. For many people, it is just speculation.

The current rumors are that Mengying Media may really be on the side of Maoyan. Many people feel that Li Mu's unique vision has made a major mistake this time.

After all, Maoyan does not have a big backer, so it looks inferior to the three BAT companies.

"We've been waiting outside for a long time. It's our turn, Mr. Wang and Mr. Zheng."

Li Mu smiled and sat on the chair. Their names had already been signed on the agreement on the table.

The matter of Maoyan is settled.

"Hahaha, it should be Mr. Wang Xing and I. Mengying Media is owned by you, Director Li, and you can do whatever you like. It doesn't matter if you don't announce it, but the lighting is not good."

Wang Changtian said with a smile that Enlight Media is a listed company and needs to issue announcements.

"Then Mr. Wang must find a better life?"

Wang Xing said with a smile that he only needs to explain to shareholders, because Meituan and Maoyan are not listed and do not need to explain to shareholders.

"That's right, we have to choose a good day to announce it."

Wang Changtian couldn't help but feel relieved, but he couldn't help but sigh that the agreement had been signed, and now there was no regret medicine.

(End of this chapter)