Chinese Entertainment

Chapter 684 League of Legends Movie

domestic.

The verbal battle between Gu Wei and Alibaba has not yet ended. Tudou Video and Alibaba have already started the battle for Youku Video. Since Gu Wei is the largest shareholder of Tudou, it is also known in the industry as the battle between Star Video and Alibaba.

As piracy gradually disappears and online videos emerge, Internet companies that want to get involved in the film and television industry have also turned their attention to video apps.

There are not many video companies in China that have a large user base, for example:

iQiyi was established 10 years ago and has many shareholders behind it, among which Baidu is the largest shareholder, and the rest include Goldman Sachs, BlackRock, Hillhouse Capital, Xiaomi, etc.

Needless to say, Tencent is a wholly-owned subsidiary of Penguin.

The only ones left are Baofeng, KuaiBo, etc. KuaiBo originally had great potential, but they were all wiped out in one fell swoop.

So Alibaba turned its attention to Youku, but Youku had long been the target of Gu Wei and Wang Wei, and the two sides were bound to engage in a competition.

At the same time, at Xingchen Film and Television Company, Song Ge welcomed people from Penguin.

With Alibaba’s high-profile announcement of its entry, several major domestic Internet companies can no longer sit still.

Before this, whether it was Alibaba, Penguin, Baidu, Sohu, Jingdong, Suning, Sina and other Internet giants, they all favored Star Film and Television Company.

Unfortunately, after several years, Xingchen Film and Television Company still has no plans to go public, and the Internet giants have no chance to intervene. Instead, Gu Wei invested in Sina and acquired a considerable portion of Tudou's shares. He then purchased shares in Youku and bought the film and television adaptation rights of League of Legends from Penguin.

This made the Internet giants very depressed. Just waiting was not a solution, so Alibaba bought a large number of Huayi shares and acquired China Culture.

The remaining companies, such as Guangxian, Bona, LeTV, Stellar, and Orange Sky, all have more or less the shadows of Internet giants behind them.

In the office, Song Ge had just sent off a group of people when his secretary came in quickly to report, "Boss Song, the people from Penguin have arrived."

Hearing this, Song Ge's expression remained unchanged. There were too many representatives from Internet companies who came here in the past two days. The group of people who just left were sent by Baidu. The issue they discussed was also the purchase of shares in Xingchen Film and Television Company. Everyone's purpose was very clear. They all wanted to come in first and then talk about investment and filming.

The person who came from Penguin was the vice president, whose surname was Ren, and he was followed by several assistant secretaries. The group went straight to Xingchen Film and Television Company in a mighty manner. The reporters waiting outside could easily guess the purpose of their visit.

Today, Xingchen Film and Television Company is a piece of fat meat, and everyone wants to take a bite.

"Oh, I don't know what Director Gu Wei is thinking. If it were me, I would definitely go public immediately. According to current industry forecasts, Xingchen Films' market value will exceed 100 billion once it goes public. By then, Director Gu may even be the richest man in the world."

The young reporter who was waiting at the door sighed as he watched the Penguin people being welcomed in by the employees of Star Films.

"You? Dream on. He is a great director with good vision and means. How could he not see the benefits in it? He is probably still waiting for a good price. Tsk tsk." The older middle-aged reporter turned his head and complained, and then sighed.

In the conference room, Song Ge, Chen Guofu, Wang Chen, Zhong Lifang and others were all there, and the two sides were sitting face to face.

After some greetings, Penguin Vice President Ren Yuxi went straight to the point and started by saying that he was considering purchasing 20% ​​of the shares of Star Film and Television Company.

As soon as the words fell, Song Ge and others looked at each other. Zhong Lifang almost couldn't help laughing. This man had joined the company not long ago, but through Song Ge, he also knew the goals and ambitions of the two. As soon as the other party opened his mouth, Zhong Lifang knew that there was no hope. But Gu Wei was not there, Song Ge was the boss of the company, and all decisions were made by him.

Song Ge gave Chen Guofu a look, and he understood it immediately. He immediately said, "Mr. Ren, the boss is not here, so we can't make a decision on the shares."

Ren Yuxi naturally understood the other party's excuse. After mentioning it once, he stopped talking about it and instead began to explain Penguin's views on the future development of domestic entertainment:
"After internal discussions, the company agreed that domestic entertainment will develop into an era of big IP + big data in the future, but we disagree with Alibaba's plan to mass-produce movies. We have always believed that movies should be people-oriented..."

The vice president of Penguin spoke eloquently, saying that he was attracted by Gu Wei and liked him very much, with even a little admiration in his liking for him.

Hearing this, Song Ge was stunned. It’s okay to like Gu Wei. You can go and ask Liu Yifei if she agrees. Why are you saying this in front of us?
"Ahem." Song Ge cleared his throat, unable to bear it any longer, and then said directly: "Let's not talk about Director Gu for now. What we mean is that we are going to develop a League of Legends movie with Penguin, and even make it into an IP series."

The Shanghai Film Festival came to an end two days ago, and Gu Wei discussed this matter with Song Ge. The company has a lot of copyrights, but no matter how good the copyrights are, they are useless if they are left alone. It would be better to take out some of them and cooperate with other companies.

Originally, Gu Wei planned to cooperate with Alibaba to develop domestic animated films, but this incident ruined his plan. So, he set his sights on penguins again.

In Gu Wei's plan, Penguin has a user base, and League of Legends has become increasingly popular in the past two years, especially in 15, 16, and 17. This game alone has generated a lot of profits.

It can be said that as long as the quality and content of the League of Legends movie are good, the fan box office alone will be a considerable amount.

"Huh?" Ren Yuxi was stunned. This was not in his plan, but he would definitely go if he had the chance.

After all, the domestic environment is like this, a society where personal relationships are important. Maybe after the cooperation, there will be a chance to acquire some shares of Star Film and Television.

On the other side, Alibaba headquarters.

"Director Zhang, Penguin, Jingdong, Suning, and Baidu have sent people to contact Xingchen Film and Television Company, especially Penguin. I heard that they want to cooperate with them on a movie."

"Hmm? They have quite a few ideas. What do they want to do? Are they planning to enter the film and television industry and cooperate with Xingchen Film and Television Company, or do they want to buy their shares?"

Zhang Qiang said casually, not taking it seriously at all.

In his opinion, or even in the opinion of Alibaba as a whole, Alibaba is far ahead of other peers in the process of Internet companies entering the film and television industry. "According to the team's analysis, it should be both, but the first goal should be to acquire shares of Xingchen Films, and maybe even Tudou is within the scope of consideration."

Only after hearing his subordinate's affirmative answer did Zhang Qiang take it seriously.

Tudou currently owns too many film and television copyrights, which was something no one had expected before.

Based on its market share, its current market value has exceeded that of Youku.

Moreover, Gu Wei has been searching for high-quality IPs since several years ago, and he is still buying them and hoarding them!

It can be said that in the eyes of the Internet industry, Xingchen Film and Tudou are fat meat, big fat meat.

"They have rejected our investment intentions several times. It is possible, but not very likely.

As for the penguins? Keep an eye on them. If it's really about the potatoes, then we should get involved, and who knows, we might get something unexpected."

"Okay, Mr. Zhang."

Zhang Qiang nodded, "But don't worry. Even if Penguin can acquire shares in Xingchen Film and Tudou, it won't be able to take the initiative, unlike us..."

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

Zhang Qiang stopped talking and didn't say anything else.

Alibaba has already submitted a formal letter to Youku's board of directors and will send people to the board to participate in daily decision-making.

As for the next step, it is to slowly erode until Youku becomes Alibaba’s Youku!
Coincidentally, Wang Wei had the same idea and was preparing to join Youku’s board of directors and ultimately achieve the merger.

……

That afternoon, Gu Wei, who was at Warner headquarters, received a call from Song Ge.

Gu Wei didn't say much about the preliminary cooperation with Penguin.

"We must be on guard against others. We can only take advantage of these Internet companies and not allow them to have access to our company."

"What about our listing?" Song Ge was obsessed with listing because the current size of the company restricted its development. Everything has its limits, and Xingchen Film and Television Company had already reached a limit.

Gu Wei has also considered the issue of going public. He cannot not go public, but he cannot do so too early. It would be better to wait two years to let the audience see the consequences of Internet funds entering the domestic entertainment industry, and then make a decision.

"Wait a little longer. First, release the news that League of Legends is going to be made into a movie and see how the market reacts. Let Penguin take a look as well. By then, they will probably be willing to invest."

"no problem."

...

the next day.

The news that "League of Legends" might be adapted into a movie by Star Films was released by major media outlets and instantly made headlines in the entertainment sections of various media outlets.

Because the League of Legends game was very popular in 14, it was no exaggeration to say that if you went into any Internet cafe, you would see that the pictures on the screen were almost all League of Legends.

Moreover, the main players of games are young people, and the main audiences of the movie market are also young people! They are really less and less interested in the films of big directors such as Zhang Yimou and Chen Kaige.

Ultimately, it is because the older generation’s thinking is somewhat backward, and they are increasingly unable to understand what young people like.

And what do young people like?

They like movies that are passionate, exciting, and have strong visual effects. Well, these movies are naturally not those produced in the island country.

Of course, in addition to new directors such as Guo Xiaosi and Han Han, their "Tiny Times 3" and "See You Tomorrow" are still looked forward to by many fans. After all, they are fan movies and the profits are from the fans' pockets.

Amid the lively discussions among netizens, "Tiny Times 3" was the first to be released in major theaters.

At the same time, "Painted Skin 3", which took half a year to shoot, also came to an end.

Originally, Song Ge planned to use "The Last Film in the Painted Skin Series" for promotion, but China Film Group, Xi'an Film Group, and Guangxi Film Group disagreed.

In their opinion, it would be a shame for the audience if they didn't make seven or eight films about such a good IP.

Gu Wei didn't care after finding out, but he had the idea of ​​selling the subsequent copyrights of the "Painted Skin" series. After all, Han Sanping had mentioned this to him a while ago.

.........

(End of this chapter)