During my years at China Entertainment

Chapter 798 A Near-Humiliating Share: Senior Sister Wants to Play Tough Games

Shanhe Building, in a small conference room.

"Shanhe Media takes a 40% controlling stake, does anyone have any objections?"

"No problem, it makes perfect sense."

Wang Changtian spoke first, and the others wouldn't disagree on this issue; otherwise, they would be too ignorant!

"Yes, the collaborations with Aerospace Science and Industry Corporation have been very pleasant several times, and this time the efficiency has been very high as well. Engineer Wang, how about we stick to the usual share, 10%?"

"No problem, Mr. Wei. Director Chen said before we came that everything would be done according to your wishes."

"Mr. Ye, thank you Wanda for your support of the group's film scheduling over the years. This time, we still need the strong support of Oriental Movie Metropolis, let's say 15%."

"Okay, whatever you say, Mr. Wei."

Ye Ning readily agreed. He had assumed that after Aerospace Science and Industry and Shanhe Media took their 50% share, the remaining portion would be divided equally among the five companies. But to his surprise, he ended up with an extra 5%!
"The Wei and Jin dynasties, what about the Central Shadow?"

La Peikang was getting anxious. He couldn't wait for the Wei and Jin dynasties to gradually divide the land. Only 35% remained, but there were still four families left.

"Don't be anxious, Mr. La."

Wei Jin replied, then looked at Fiber Optic Old Wang, "Brother, I remember your support over the years. Can you accept a 10% share, plus subsequent joint issuance?"

"Of course, whatever you say, brother, even if it's just 5%, I won't say a word!"

Wang Changtian knew that compared to the other companies present, fiber optics couldn't offer comparable resources, and 10% was already a big concession to him.

And what matters isn't the number of shares, but being able to get on board!
"Chairman Deng, although we have little cooperation, I am very grateful for the gold film project. Xi'an Film Studio's share is 10%."

As soon as Wei Jin finished speaking, a genuine smile appeared on Deng Dong's face. A 10% share was enough; at least it wouldn't be the smallest one!
"Brother Wei, you're too kind. We're all family here. If we don't support you, who will we support?"

Upon hearing this conversation, La Peikang immediately understood why Xiying was here, but he couldn't sit still any longer because there was only 15% left!

"Wei and Jin Dynasties?"

"Look, Mr. La, you're in such a hurry. Fine, let's start with China Film's share, 5% it will be."

"what?!"

La Peikang's eyes widened, his tone dark and his voice low and hoarse, "Wei Jin, isn't 5% too much?!"

"My dear Chairman, 5% is no small amount. Even without a premium, it's still 30 million, which is quite a lot. And didn't you just say that China Film Group has a lot of business? This is to lighten your burden."

These words were not spoken by Wei Jin, but by Ren Zhonglun, who seemed intent on finalizing the share allocation.

Since only 15% is left in total, either China Film Group or Shanghai Film Group will suffer a loss. It's better to sacrifice a friend than myself.

"Shut up, I'm talking to Wei Jin!"

La Peikang's face was grim as he stared intently at Wei Jin. "Do you really have to be this ruthless?"

"Chairman La, as an industry leader, making money is never China Film's top priority. I remember you were the one who told me that, weren't you?"

La Peikang was speechless for a moment, as he had indeed said those words himself.

At the dinner that day, he used the words to describe the difficulties faced by China Film Group in all aspects, and to persuade Wei Jin to bring "Operation Mekong" to the Golden Rooster Awards!
Before he could even gather his thoughts, Wei Jin added, "Of course, if Chairman La feels it's too little, he can choose not to participate, or discuss with the other companies to see if they can share some of the profits with China Film Group."

Wei Jin's words left no room for negotiation, completely settling the matter for today.

Ren Zhonglun almost cheered; he really wanted to give La Peikang an award!

What do you call this? You reap what you sow!

For the sake of a chicken and so-called political achievements, they severed ties with the Wei and Jin dynasties, letting Xi'an Film Studio and Shanghai Film Studio reap the benefits. Tsk tsk tsk.
Old Wang and Ye Ning exchanged a glance and shook their heads. This Lao Dong was indeed dishonest. He had learned the domineering ways of Zuo Shandiao, but not the sense of responsibility.

As for Chairman Deng of Xi'an Film Studio, he firmly remembered this lesson and took it as a warning.

As for La Peikang, the person involved, looking at Wei Jin with a smile on his face, he felt extremely distant and bitter.

Regret, anger, resentment, and other complex emotions filled his heart.

Looking at the others, without exception, they all wore "rejected" smiles.

For a moment, the meeting room fell into a long silence.

It was Engineer Wang from Aerospace Science and Technology Corporation who stood up with a smile, breaking the awkward situation once again.

"Mr. Wei, I'll be leaving now. I still have a lot of things to do. The contract?"

"No rush, let's sign the contract together after the script is approved."

"it is good."

With Mr. Wang's departure, today's meeting regarding the allocation of investment funds has come to an end.

La Peikang didn't say much, and was the second to get up and leave. But before leaving, he gave Wei Jin a deep look.

Ren Zhonglun calmly patted Wei Jin on the shoulder and said, "Brother, don't worry. Shanghai Film Group has everything that China Film Group has. I will always support you."

"Thank you, Chairman Ren."

Wei Jin nodded and watched Ren Zhonglun leave. At this moment, Deng Dong of Xiying Film Studio also stood up.

"Brother Wei, I'll be going now. I need to go back and arrange some funds. Sixty million isn't a small sum, haha."

Before Wei Jin could speak, Ye Ning preemptively asked, "By the way, Chairman Deng, where exactly are the plots of land you mentioned?"

As you know, Wanda has a significant advantage in commercial real estate development. How about we collaborate?

"Ok?"

Wei Jin and Wang Changtian were both stunned by Ye Ning's actions, as was Deng Yong.

After a moment's hesitation, he shook his head. "President Ye, it's not that I don't trust Wanda, it's just that this is state-owned property, so mortgaging it would be easier to handle."

Once monetization or development is involved, the process becomes very complex and cannot be completed in a short time, so…

Chairman Deng's words were easy to understand; they simply implied that there might be asset losses, and he needed to be cautious. Ye Ning immediately expressed her understanding.

"Chairman Deng, no rush. You can process the mortgage first, and we can discuss it in detail later."

"No problem. I'll go back and prepare the relevant materials and send a copy to Mr. Ye."

"it is good."

In just a few words, the two finalized the direction of their future cooperation, which is the benefit of having a network and connections.

After Chairman Deng and Ye Ning left, only Wang Changtian remained in the meeting room.

"Brother, aren't you going a bit too far this time?"

On the day of the premiere, Wang Changtian knew that Wei Jin would make a move, but he didn't expect it to be cut to 5%, making it the one with the lowest cut among the seven.

“Brother, don’t you often complain that China Film Group gets the largest share but does the least work? They can’t even do the best in scheduling and promotion, and they can’t play any role?” Wei Jin understood Wang Changtian’s concerns, but he didn’t care at all.

The film market today is not what it was five years ago. The film and television industry has become increasingly market-oriented, and China Film Group's status and role have diminished. Collaborations are merely eroding past relationships.

Now that all goodwill has been exhausted, the outcome is self-evident.

"That's true, but what about imported films and co-productions? You still have the status of a major shareholder in Peak Entertainment."

Although Wang Changtian's words were somewhat superfluous, Wei Jin still felt they were appropriate. This guy was truly a good friend, so he immediately smiled.

"Brother, you need to broaden your perspective. What Chairman Ren said when he left wasn't just a polite remark."

I can easily find Huaxia Film Distribution for the film distribution. Shanghai Film Group, as the second largest shareholder alongside China Film Group, has the influence to do so.

As for co-productions, if there really were projects, do you think I'd be more anxious, or would our Chairman La be more anxious?

Wei Jin was right; the one who was truly anxious was La Peikang.

After leaving Shanhe Media, he suppressed his frustration and went to the premiere of "Monk Comes Down the Mountain" to give Chen Shiren face.

After that, he knocked on the door of his former leader, Han Sanping, the bandit leader known as "Mountain Eagle".

In his view, the most suitable person to step forward and ease tensions with Wei Jin was Han Sanping, a friend he had known for over a decade!
Unfortunately, a shrewd person like Han Sanping would never get involved in such a mess.
After a moment of contemplation, Han Sanping shook his head. "Chairman La, I've already retired. You shouldn't be coming to me with these matters, and I can't help you with anything."

"Chairman Han, your relationship with Wei Jin is far beyond what I can compare to. Even Jia Nu has a good relationship with him, doesn't she?"

“Chairman La, personal relationships are one thing, but trying to use personal relationships to maintain long-term cooperation is unacceptable.”

Han Sanping was only spared a lot of sympathy because he was retired; otherwise, he wouldn't have bothered to comment on Pei Kang's actions.

Even someone like Lao Wang, who works in fiber optics, knows the importance of reciprocity and giving and receiving. But Pei Kang, on the other hand, really thinks he's the big brother, never considering his allies and always going his own way.

"Yes, I know what happened before, and I didn't do well. But Mr. Han, this is a hard science fiction film, a project with a huge investment of 6 million yuan, and China Film Group only has 5%? That's less than Shanghai Film Group and Xi'an Film Group."

“5% is not a problem. Didn’t ‘Gravity’ only have 10%? And he’s right, China Film Group is a state-owned enterprise, so participation is the key.”

As for the share of Xi'an Film Studio and Shanghai Film Studio, Han Sanping did not comment. They firmly followed Wei Jin's lead, so why shouldn't they?
"Hehe, Chairman Han, you really seem carefree now, with such a good attitude. But this time it's 5%, what about next time? So many years of cooperation, and it's all over?!"

La Peikang picked up his teacup and took a sip. Although his tone was excited, it also carried a hint of loneliness and helplessness.

China Film Group is indeed the industry leader, but now there is a wave of marketization, and more and more capital is entering the market. Big directors and producers are all moving towards capital or playing their own games.

Even celebrity studios are now raising their own projects, and China Film Group is no longer as glorious as it once was.

"If it's over, it's over. All good things must come to an end. Besides, aren't Li An's films like 'Billy Lynn's Long Halftime Walk' and 'The Great Wall' your achievements?"

Although Han Sanping was praising him, La Peikang heard it as sarcasm.

He had come to realize that Zuo Shandiao had now evolved into a cunning old fox, and that all his favors and connections were reserved for Han Jianu.

China Film Group and Ta La Pei Kang can no longer benefit from this!
"Alright, Chairman Han, I'll be going now. Come back and visit more often when you have time; you're a contracted director with China Film Group and also hold an advisory position with the State Administration of Radio, Film and Television."

"Well, I'll give it to you."

"Produced by Shanhe Media and Starlight Brilliant, written by Wei Jin and directed by Guo Fan, the youth crime film 'Bad Genius' has grossed 7.83 million yuan in its first ten days of release, showing strong momentum!"

"The comedy film 'Hollywood Adventures,' co-produced by Fiber Optics Pictures and Seven Stars Entertainment, and starring popular actors such as Huang Xiaoming, Zhao Yanzi, and Tong Dawei, grossed 1.67 million yuan in its opening weekend, but received polarized reviews."

"Jurassic World, a sci-fi film co-produced by Legendary Pictures and Universal Pictures, has grossed 13.87 billion yuan in 18 days since its release, with daily box office falling below 10 million yuan, making the 15 billion yuan mark hopeless!"

"The film 'The Class of 2013,' produced by Huayi Brothers and starring Sun Honglei, Zhou Dongyu, and Dong Zijian, has grossed 42.6 million yuan in its first ten days of release, with daily box office takings falling below one million yuan. It is about to be taken off the screens."

"."

As the weekend came to a close, box office figures for several films appeared in entertainment news.

But today is Monday, and both industry insiders and netizens are still focused on the stock market.

After two days of consecutive reserve requirement ratio and interest rate cuts over the weekend, and with news breaking before the market opened that trillions of local social security funds may enter the market ahead of schedule, countless people are looking forward to a bottoming out and rebound.

Unfortunately, things didn't go as planned. From the start of the morning session, within a quarter of an hour, the A-shares plummeted, with a drop of more than three percent.

Although major heavyweight stocks subsequently rallied, pushing the index to a high of 4268 points, a gain of over 1.79%.

However, market panic had already taken hold, and by the time the morning session ended, the stock index had fallen back to around 4,000 points.

In the afternoon, an even bigger stampede ensued.

In just twenty minutes, the Shanghai Composite Index broke through the 4000 and 3900 point levels in succession, falling to 3875 points, a drop of 7%.

This prompted even the China Securities Regulatory Commission (CSRC) to take action, unusually releasing a Q&A session on margin trading during trading hours, stating that the risks are still under control.

Fueled by this positive news, the Shanghai Composite Index rose rapidly, and bank stocks also began to support the market. By the close, the Shanghai Composite Index barely managed to stay around 4,000 points, with a drop of more than 3.34%.

The Shanghai Composite Index managed to hold its ground, but the ChiNext Index suffered a significant blow, with its daily decline exceeding 8% again.

As a leading listed company in the film and television industry, Huayi Brothers is bound to suffer a severe blow, and its market value is about to fall below 650 billion yuan.

"Hehe, these two must be really anxious."

In the spacious office, Wei Jin sat by the floor-to-ceiling window, enjoying afternoon tea while browsing online news, relaxed and at ease.

"dong dong dong~~"

"Enter."

No sooner had he finished speaking than a crisp voice rang out, "Junior brother, are you busy?"

Turning his head, he saw it was Yu Feihong, a senior from the Beijing Film Academy. Wei Jin immediately smiled and said, "Senior Sister Yu, what brings you here? Please have a seat."

"Junior brother, I've come here to discuss the release date of 'Go Away Mr. Tumor' with you."

"Hehe, senior sister, if you hadn't been so skilled at locking the door, I would have actually believed you."

Wei Jin's tone was full of teasing and flirting, but the mature older sister completely followed her heart and showed no shyness whatsoever.

Yu Feihong smiled and leaned in, "What? It's been almost half a year, and you won't even let your older sister miss you, you little rascal~~"

"of course can."

Wei Jin then pulled the beauty's waist into his arms, and the two were immediately pressed tightly together.

As the fragrant breeze wafted over, Wei Jin glanced at the time and said, "But Senior Sister, there's only a little over an hour left before we get off work. Are you sure you'll have enough to eat?"

"So, junior brother, we need to do something exciting today."

Yu Feihong stroked Wei Jin with her small hand, her red lips slightly parted, "For example, right in front of the French windows, playing with your senior from Beijing Film Academy, isn't that exciting enough?"

"Senior sister, you're so sexy, but I like it."

As Wei Jin spoke, he gradually pressed his hands down.

That afternoon, bathed in the afterglow of the setting sun, Wei Jin stood before the French windows.
(End of this chapter)