Entering the Chinese entertainment industry is like entering a deep sea

Chapter 760: The price of Feilai has risen, which backfired

New York Daily News
"Sony Pictures responded to Li Chen's remarks, and its stock price fell to a new low this year."

"After Rongchen Pictures CEO Li Chen publicly mocked Sony Pictures' market performance yesterday, Sony Pictures Entertainment responded today through an official statement."

"But the market obviously did not buy into this response. As of the close of Tokyo stock market, Sony Group's share price fell 3.2%, hitting a new low for the year."

Reprinted from Hollywood Daily Reporter
"Sony Pictures official statement: Focus on creating high-quality content."

"Sony Pictures Entertainment said in a statement to The Hollywood Daily Reporter: We remain committed to providing the highest quality entertainment content to audiences around the world."

"In the past two years, Sony Pictures has launched critically acclaimed and commercially successful films such as The Amazing Spider-Man and The Interview. We respect the creations of all film practitioners and will continue to cultivate the important Chinese market."

“It is worth noting that the statement did not directly mention Li Chen or Rong Chen Pictures, but industry insiders generally believed that this was an indirect response to yesterday’s incident.”

"Morgan Stanley Japan analyst Kenichi Tanaka pointed out: Investors are clearly concerned about the development prospects of Sony Pictures in the Chinese market. Although Li Chen's remarks are sharp, they do point out the structural problems Sony faces in the Chinese market."

Li Chen's few words caused Sony to suffer heavy losses and left Jiang Wen dumbfounded. Marco and Jiang Wen had previously sang the same tune, and the 2 billion yuan forecast for "One Step Away" became a joke.

Judging from the current trend, it is difficult for "One Step Away" to break 500 million at the box office, but "Longling Mystery Cave" is very likely to break 2 billion.

But compared with the box office loss of "One Step Away", the drop in Sony's stock price is what makes Sony feel most painful.

The Japanese were unable to do anything to Li Chen for the time being, so they could only vent their anger on Didi, an executive of Sony Pictures China.

The result was that Didi and Wang Sicong had a quarrel, Wang Sicong was unharmed, and Didi was fired.

The chain reaction triggered by this does not end here.

Sony's stock price plunge caused an earthquake in Hollywood.

While Warner executives were secretly delighted, they also regretted that they had drifted further and further away from Rong Chen in the past two years.

The two sides' transformation from allies to strangers began with their respective key projects.

At the end of 2013, Warner Bros. refused Rong Chen's investment in Nolan's new film "Interstellar". In response, Li Chen would naturally not let Warner Bros. get involved in "The Island of Vientiane". The two sides had a fight, but each had a win and a loss.

However, the two projects jointly developed by the two parties, "Barbie" and "The Revenant", have been delayed.

Hollywood Daily Reporter

"The chain reaction of Sony Pictures' stock price plummeting due to its inappropriate response is continuing to ferment in Hollywood. According to insiders, senior executives of Warner Bros. Pictures applauded the predicament of its competitor Sony in a private meeting, but then fell into deep reflection on their own strategic mistakes."

"This may be the dumbest strategic mistake in the past decade," a Warner creative director said privately.

"The price of arrogance is watching others take away market share that belongs to you. The former CEO of Paramount said that now Warner and Sony are paying the price for this lesson."

People in the domestic circle were dumbfounded by Li Chen's energy.

Netizens complained: Sicong's Weibo post was not very destructive, Leo's "outspokenness" caused Hollywood to wail.
As the war of words over "One Step Away" came to an end, the national husband started a new round of attacks.

This time he changed to the variety show "Singer 3", and his words were frank, exaggerated and unpleasant.

Starting from his attacks on Zhang Lan, Mr. Sicong has almost cursed everyone in the entertainment industry in recent years.

He criticized the Queen and Wang Fei as "ridiculous, ignorant, superstitious, feudal and shameful"!
Describes Zhao Benshan as a peasant who acts like a bully.

'Tutoring' Zhang Ziyi's English grammar can be said to have caused a lot of worry for the entertainment industry.

Many celebrities including Ning Caishen, Wen Zhang, Zhang Han, Wang Yan, Tao Jingying, and Shen Aojun have been scolded by him.

But many of Wang Sicong's words are indeed rough but true.

Moreover, they have always maintained a fair and strict attitude of sacrificing personal interests for the sake of justice, and they will not hesitate to criticize their own movies.

In the previous "Tiny Times", facing the brainless fans of Guo Xiaosi, a direct statement was made: "Tiny Times" fans "please take the initiative to unfollow"!
Back then, the film "Warring States" was produced by Wanda.

Wang Sicong said: Isn’t it just spending hundreds of millions to promote a movie starring a female star?

Lu Zheng was helpless, and Ye Ning was even more helpless. Even the big boss couldn't do anything, so who under him could do anything?

His Weibo profile originally showed that he was young and reckless, and outspoken.

But recently he has suddenly changed his name to the low-key internet celebrity Xiao Wang.

Rongchen Pictures has only one major drama to be broadcast this year, "Nirvana in Fire", which will be broadcast in the middle of the year. Therefore, all major production companies are ready to make a move at the beginning of the year.

In addition to the currently hit "Fall in Love with You", Zheng Xiaolong also released a trailer for Sun Li's second costume drama.

However, the person who became a hot search was Sun Li’s husband, Deng Chao, the dance king of Nanchang.

Sina Entertainment News

"On December 12, the first trailer of the legendary costume epic "The Legend of Miyue", created by Director Zheng Xiaolong and Sun Li, was released, showing the legendary and eventful life of Mi Yue, played by Sun Li."

"There is a scene in the trailer where one of Mi Yue's husbands, King Yiqu, is killed in front of her. Mi Yue is extremely sad and shouts with a distorted face: "Lord Yiqu!"

"In the afternoon, Deng Chao, who was in the "Mermaid" crew in Dongguan, specially cut out four photos of Sun Li's fear from this video and uploaded them to Weibo, saying in a funny way: "Don't be afraid, Xiaohua, your dad is here!"

"Afterwards, he even replied on Weibo: "I was so scared that I cried." It's really too willful to slander the queen so boldly!"

Liu Yifei was invited by Yang Mi to attend Jiaxing's financing reception.

Li Chen was bored, so he replied to Deng Chao’s Weibo: This expression, especially the two below, must be because the Empress saw the leopard print outfit of the Nanchang Dance King!

As a result, Li Chen's reply immediately made Weibo more lively.

Stars came to join in the fun.

Weekly News: Mr. Li, great insight!
Tang Yan: Brother Chao has gone to hide in Dongguan. I’m afraid he will be severely punished if he returns to Beijing.

Deng Jiajia: Brother Chao is suffering from intermittent mental illness attacks, the diagnosis is complete.

Sun Li: Mr. Li has a keen eye! He himself doesn’t even know how scary he is.

Deng Chao: Hahahaha, Mr. Li always keeps talking about my leopard print outfit
Liu Yifei: You're so free, Mr. Li!
As soon as Liu Yifei spoke, many people realized that Li Chen was just bored and alone in the empty room, so he came to join in the fun.

At the financing reception at the Banyan Tree Hotel on the Bund in Shanghai, there were toasts.

Liu Yifei came here today just to support Yang Mi.

Yang Mi, Zeng Jia and Zhao Ruoyao also understood this, so one of them was always with Liu Yifei.

Yang Mi wore a rose-colored low-cut evening dress today, which was indeed eye-catching. Liu Yifei made a purely friendly appearance, looking dashing and capable in a black suit.

"Senior, what a fool. He plays Weibo when he has time, but he never said he would come with you to support me." Yang Mi said casually, shaking the red wine glass.

Liu Yifei glanced at her and said with a smile: "Do you really not understand, or are you pretending to be stupid in front of me? I told you so clearly that day, and you still wanted him to come?"

Yang Mi smiled awkwardly: "I know you and the senior are doing this for my own good, but it is the right thing to do to leave professional matters to professionals."

"Company operations are not my forte, so I just focus on acting and being a shareholder is fine by me."

Liu Yifei shrugged and smiled: "It's up to you to decide. I have to go first. I'm afraid your senior will crash Weibo in a while!"

Yang Mi covered her mouth and chuckled, and did not try to keep her. Liu Yifei's coming today represented Rong Chen's attitude.

I believe that the financiers present here know this better than anyone else.

"That's right. When you open your mouth, even Hollywood gets in a mess. I just found out now that you even fought for Interstellar for me back then!"

Seeing Liu Yifei was about to leave, Zeng Jia and Zhao Ruoyao hurried over to greet her. "Yifei, what's wrong? Are you leaving so early? Are you worried about Director Li?" Zeng Jia said with a smile.

Zhao Ruoyao was smiling beside them. She was not familiar with the people in Rong Chen's department and couldn't talk to them.

Liu Yifei nodded politely. She and Zeng Jia were not actually very familiar with each other.

Yang Mi explained with a smile: "She is worried about her husband!"

Zeng Jia nodded and smiled, "That's right. Director Li can make a comment on the hot search list. There is no one else in China who can make it to the hot search list!"

The three of them sent Liu Yifei away before returning to the banquet hall together.

Zhao Ruoyao sighed, "After all, it was Liu Yifei who completely turned a blind eye to the proactive overtures of these financial sponsors."

The scene where the CEOs of Shangshi and Huanrui were flattering Liu Yifei made Zhao Ruoyao feel deeply moved.

But now facing the three of them, he showed a different expression.

The world of capital is indeed the most realistic.

However, the three of them never dreamed that Liu Yifei's arrival today would not only be of no help.

Instead, the three of them were overwhelmed and collapsed.

In the VIP conference room of Banyan Tree Hotel, the crystal chandelier illuminates the conference room brightly, and the reflection from the rim of the champagne glass trembles on Yang Mi's fingertips.

Shangshi’s president Chen Sijie loosened his tie and pushed the revised investment agreement across the long table.

"Mi Mi, Mr. Zeng, we are very serious about the number of 4 million."

Chen Sijie's pen lightly tapped the penalty clause.

"With resources like Liu Yifei and Rong Chen behind us, we can definitely shorten the betting period to two years."

Zeng Jia, Yang Mi and Zhao Ruoyao were all in turmoil!

What’s going on? The previous 3.1 million was shocking enough, how come it increased by another 9000 million in just a moment!
This is net profit! Not revenue!
Zeng Jia's knuckles turned white as she pinched the edge of the agreement: "Mr. Chen, three hours ago we were talking about a three-year term of 3.1 million."

Yang Mi, who was beside Zeng Jia, was also at a loss, not understanding what was going on.

This kind of thing was not something she was good at, so she did not interrupt.

"The market is changing rapidly." Chen Sijie said with a smile. In his eyes, the three women in front of him were just three sheep.

Yang Mi suddenly looked up and said carefully, "Mr. Chen, Yifei is just here for a glass of champagne, and Rongchen's project cannot be won by relying on personal connections. Even if it is my old employer, I have no confidence."

Yang Mi suddenly realized that it might be a big mistake to invite Liu Yifei tonight.

Her current relationship with her former employer is not as severe as outsiders speculate.

Especially after the last financing on the set of "La La Land".

"I don't care whether you have confidence or not! But you are from Rongchen's faction, and you are the party most likely to leverage Rongchen's resources."

"To be realistic, if Jiaxing can run a project like Dragon Ridge Mystery Cave, the bet will be nothing more than a drop in the bucket for Jiaxing."

Chen Sijie smiled and opened his IPAD. On the screen was the close-face selfie of Liu Yifei and Yang Mi that went viral on WeChat Moments ten minutes ago.

"Mr. Li's people just sent me a message saying that Mr. Li is willing to bet an additional 50 million for this photo."

Zeng Jia could no longer remain calm. The three of them were regretting their decision so much that if they could turn back time, they would never invite Liu Yifei.

Not only did I not get to eat mutton, but I also got into trouble.

"If you sign now," Chen Sijie's assistant handed over a gold-plated pen.

“The original artist management share ratio can be retained.”

The air in the conference room froze instantly.

Yang Mi's nails dug into her palms nervously.

Suddenly, she remembered the words that Liu Yifei whispered in her ear two hours ago.

"Capitalism is profit-seeking and cold-blooded. Without Rong Chen, reality will teach you this lesson."

Now the words exploded like champagne bubbles, making her head hurt.

Outside the glass curtain wall, the cruise ship on the Huangpu River sounded its whistle, and the 4 million bet agreement entered the countdown.

Zeng Jia and the other two were in a dilemma. The smiles on the faces of the people in front of them looked like they had them figured out.

-

On the last day of 2014, two pieces of news became hot searches.

The first was the signing ceremony held by Yang Siwei for Lu Han in Beijing, during which Lu Han officially became a junior fellow student in Rong Chen's department.

The first is Jiaxing’s financing reception.

Sina Entertainment News

"Liu Yifei's appearance set off a firestorm at Jiaxing's financing reception, and Shangshi's increased stakes in the bet agreement caught Yang Mi's team off guard."

"Last night, the Jiaxing Media financing reception held at the Banyan Tree Hotel on the Bund in Shanghai took a dramatic turn."

"Due to the appearance of international movie star Liu Yifei, the originally planned 3.1 million yuan gambling agreement was temporarily increased to 4 million yuan by the investors, leaving Jiaxing's core team members Yang Mi, Zeng Jia and others in a dilemma."

"Liu Yifei's 'Vientiane Island' grossed $6 million at the domestic box office alone. Her presence has given investors endless reverie about Jiaxing's international prospects," said an investment banker who attended the meeting.

"It is worth noting that Liu Yifei's studio issued a statement this morning saying that her attendance was purely a private friendship and she did not participate in any business negotiations."

"As of press time, Jiaxing has not made a final decision on whether to sign a new agreement. According to people familiar with the matter, Yang Mi's team is urgently contacting new strategic investors to share risks."

Yang Siwei's response was quick, although Li Chen was somewhat surprised by the increase in the bet agreement.

But it makes sense when you think about it.

"So, my going there yesterday actually did more harm than good to Mimi." During lunch time, the crew of "La La Land" were discussing the cocktail party that took place in Shanghai yesterday.

"Who can be blamed for this? This is called overdoing it." What Li Chen wants to know most now is whether Jiaxing signed in the end.

But Li Chen estimated that Zeng Jia would most likely still sign, and it was Yang Mi who was risking her life. If she lost the bet, Yang Mi would have to continue filming to pay off the debt.

On Weibo, Lu Han posted a new Weibo: I am honored to be a member of the Rongchen family.

Luo Yi, CEO of Legendary Oriental, the Hong Kong producer of "The Great Wall", also saw this Weibo post.

I immediately made a phone call.

After several twists and turns, Zhang Yimou heard that the other party had first chosen Lin Gengxin from "Taking Tiger Mountain by Strategy".

Now he has set his sights on Lu Han, who just signed a contract with Yang Siwei, and Zhang Yimou is in a dilemma.

Although these two people are from Rong Chen's faction, if he could make the decision, he would definitely not choose these two people.

(End of this chapter)