Entering the Chinese entertainment industry is like entering a deep sea

Chapter 775: Flower Falls on Old King
Financial Reports
"The news of Yixin Media's listing has set off a wave of excitement in the capital market! BAT and Wanda are competing for the listing, and the valuation may exceed 200 billion!"

"Recently, China's entertainment industry has received important news - Rongchen Films' subsidiary "Yi Xin Media" is about to launch an IPO and plans to list on the Hong Kong Stock Exchange Main Board by the end of 2015."

"As soon as the news came out, the capital market was instantly excited. Investment banks estimated that its market value may exceed 200 billion yuan, making it another giant listed company in China's entertainment industry after Huayi and Guangguang."

"Yixin Media's flagship assets include top artist management, including Lu Han, Dilireba, Zhang Hanyun, Zhu Yilong and other top-tier artists, with a market share of over 30%!"

“Phenomenal variety show IP: The Voice of China has been introduced to more than 50 countries around the world, with annual copyright fees exceeding US$5 million.”

"Running Man" crushed local variety shows in Southeast Asia in terms of viewership, with advertising revenue exceeding 15 billion in a single season."

"Ma Yun once privately commented: Yixin Media is the Alipay of the variety show industry."

“As one investment bank director said: This is not an IPO, but a power reshuffle in the entertainment industry.”

Sina Entertainment News

"Dilraba Dilmurat responded to the rumor that 'a certain top star may become the youngest shareholder of a listed company': My roots are in Rongchen, which has given me endless possibilities."

"As the news of Yixin Media's listing was exposed, Dilraba Dilmurat was estimated by the media to become "China's youngest listed company shareholder". Based on the 1% option, the 200 billion valuation, her shareholding value exceeds 2 million."

"In an exclusive interview with Harper's Bazaar today, the 23-year-old top actress responded to the rumors with super high emotional intelligence, and her loyalty to Rongchen Pictures was evident between the lines."

“Facing tough questions: about starting your own business.”

"Reporter: "Zhou Xun, Tang Yan, Yang Mi and other Rongchen seniors have all established their own studios. Have you ever considered developing independently?"

"Dilraba Dilmurat (chuckles): No matter how tall a tree grows, it can't leave the soil. Rong Chen is my soil. From "Draw the Bow, Dad" to being a regular on "Running Man" and then playing Bai Qian in "Eternal Love", every opportunity was handed to me by my boss himself."

"Everyone has their own personality. Several seniors have made their own choices, but my personality may make me more suitable to be a tree in the forest."

Zhou Xun, Tang Yan, Yang Mi and Deng Chao were totally unaware of the news that Yi Xin Media was going to go public.

Yang Mi was in a state of confusion, even though she had just met Liu Xixi and had not heard Liu Xixi say a single word to her.

No wonder Liu Xixi said that Dilraba Dilmurat is not simple. Just looking at this Bazaar interview, you can see it.

"Tangtang, don't you know that the company is going public?" Yang Mi called Tang Yan first.

Tang Yan felt similar to Yang Mi at the moment. She had just found out about it. After hearing what Yang Mi said, Tang Yan knew it, but Yang Mi didn't know either.

"It seems that we are no longer employees of the company. Actually, this is normal. How could Siwei and the boss tell an outsider like you about such a big thing?" Tang Yan said with a wry smile.

In the competition with Yang Mi, she was clearly at a disadvantage.

The two of them are now almost at odds with each other.

"The Silent Queen" is just the fuse. As top-tier stars, competition for resources is inevitable.

After leaving the company, both parties will have to show their talents, and whoever wins will be the winner.

Yang Mi chuckled: "Just tell me this, don't mention it in front of the senior."

"What? Are you in trouble again?" Tang Yan asked gossipingly.

"Oh, don't mention it. I don't even know what the senior thinks of me now."

-

In the riverside villa, Li Chen just hung up the phone with Jack Ma.

Alibaba Pictures has no IP, and after "Wolf Totem", it has no eye-catching blockbuster projects.

Compared with Yi Xin Media, which is backed by Rongchen Pictures.

The only advantage is the Internet and big data. Jack Ma is not short of money and is willing to pay a premium to buy 10% of the shares from Li Chen.

Xiaoma is not short of money and also hopes to purchase 15% of the shares held by Li Chen. Xiaoma not only owns Penguin Video, but also has an IP incubator: Modian.

The richest man Wang seems to have no shortage of money. In addition to hoping to invest in Yixin Media, he also
-

Big Boss Wang's tone was as per usual: "I heard that your Running Man has 15 billion advertising dollars per season? Wanda City here is in need of a variety show to attract traffic, why not let Deng Chao and the others record a special?"

"You called me just for this? If you're really interested, why don't you wait until Yixin goes public and I'll reserve a spot for you as a cornerstone investor? How about that?"

"That's great! I like your straightforwardness! Let me ask you, does your "Vientiane Island 2" directed by Rongchen need full-format support from Wanda IMAX theaters?"

Li Chen chuckled: "When did you start asking nonsense questions?"

Big Boss Wang was noncommittal: "Well, let's be frank. You want to cash out by going public, but I want your Rongchen IP library!"

"I will exchange 15% of Wanda Cinema Line's shares for your 20% of Rongchen's shares, and I will give you 45% of the film schedule!"

Li Chen didn't expect that the big boss Wang was actually planning to take over his Rongchen Pictures.

And he even took the initiative to propose a stock swap.

When the two of them talked on the phone that year, Li Chen even joked, "If you want to invest in my Rongchen, then you can do so by exchanging your Wanda Cinema Line."

Big Boss Wang sneered at him at that time, why did he change his mind today?

"Are you kidding, or are you serious?"

Big Brother Wang sneered: "When have I ever joked with you?"

Li Chen didn't rush to reply, as this kind of thing couldn't be finalized with just one phone call.

"Let me think about it."

"Okay, once you've thought it over, call me."

After hanging up the phone with Boss Wang, Liu Yifei and Meng Ziyi, Yang Zi, and Zhang Hanyun were coming down from the second floor.

Seeing her husband sitting alone on the sofa with a slightly frowned brow, Liu Yifei and the three girls looked at each other and asked in surprise: "What's wrong? Who did you just talk to?"

Meng Ziyi looked at Yang Zi and was extremely curious. In her heart, the big boss Li Chen was like a god.

It was the first time she saw the big boss frown.

"It's okay, just a friend." Li Chen smiled.

"Boss, it's incredible that there is someone who can make you frown." Yang Zi flattered Li Chen calmly.

Meng Ziyi nodded repeatedly and continued, "Yes, yes, yes, I thought only Sister Fei could make the boss frown!"

Zhang Hanyun really admires these two little junior sisters. Their mouths are as sweet as honey. They really have a bright future.

Liu Yifei chuckled: "Are you two praising me or him?"

"Of course I am praising you. If you listen to the voices of the people, you will know that you make me worried." Li Chen also praised his wife.

When Meng Ziyi and the other two left the riverside villa at night, they began to chatter.

"What did the boss encounter today?"

"Who knows? We can't even reach any one of the boss's connections even if we climb the ladder to heaven."

-

After there were no outsiders around, Li Chen told his wife that Boss Wang hoped to exchange shares.

Li Chen made several phone calls in succession and gradually became clear about Boss Wang's current situation and his sudden intention to propose a stock swap.

Since the beginning of this year, Wanda’s debt pressure has become apparent, with its debt ratio likely exceeding 70%. Crazy overseas mergers and acquisitions will inevitably lead to a tight capital chain.

If the policy is tightened in 2017, Wang may be forced to sell domestic assets to recover. His Rongchen is currently valued at more than 700 billion yuan, and Wanda Cinema Line just landed on the A-share market at the beginning of the year, and its current market value is around 500 billion yuan.

20% of the equity means 140 billion in exchange for 15% of Wanda Cinema Line’s shares. On the surface, it seems like a premium, but it actually means they suffered a huge loss.

But as long as the big boss Wang is interested, everything can be discussed until both parties are satisfied.

Didn’t I just want to take over Wanda’s cinema assets when it was sold off in the future?

If Boss Wang could agree to add a priority subscription right to the stock exchange agreement, he would consider it.

With Rong Chen joining Wanda, it can be said that it has almost monopolized the content of top movies.

The box office of films produced by Rongchen in 2014 exceeded billion yuan, equivalent to the total of the five major private film companies and far exceeding Huayi and Guangxian.

If Wanda Cinemas locks on Rongchen, it can also completely suppress its competitors such as Dadi and Jinyi Cinemas.

After figuring this out, Li Chen already had a plan in mind.

If the final development of Wanda is really as he expected, then Rongchen can really be called a film and television empire.

From top to bottom, it covers the entire industry chain of the film and television industry.

The next day, Li Chen saw two pieces of news and called Han Sanping.

"Director Han, has Universal already delivered the materials on Furious 7 to the bureau?"

Han Sanping took a breath and said, "Did you arrange someone in the bureau?"

"Did they also submit materials for Avengers 2?"

Han Saping remained silent, thinking to himself that Li Chen was indeed an octopus and nothing could be hidden from him.

"What on earth do you want to say, kid?"

"I want to say, if you can, hold back, otherwise Fast & Furious 7 will easily break many records of The Island of Vientiane. Do you want to see such a result?"

Han Sanping sneered: "How is that possible? You mean this movie can have a box office of 40 billion?"

Li Chen thought that in the previous life, "Fast and Furious 7" did not get the extension key but still earned 20 billion in less than a month, ranking first in the world.

It may be difficult to exceed 40 billion nowadays, but it is certainly not difficult to break the first day, single day, first week and other records of "Vientiane Island".

Moreover, the director of this drama is Wen Ziren, and with the support of "The Hunger Games", it is even more uncertain.

The most important thing is that Universal will definitely use the unexpected death of the leading actor to do hunger marketing.

If watching a movie is the best farewell, then the number of fans accumulated from the first six films is terrifying.

"40 billion is unlikely. After all, with you, the gatekeeper of Chinese films, in charge, Universal will definitely not get the key to postponement. But if it breaks 3 million on the first day, I think there will be no problem at all."

If someone else said this, Han Sanping would definitely sneer at him, but Li Chen has almost never boasted over the years.

He is even like a prophet about the trends of box office and the film and television industry.

The reason why he was able to sit in the position of director was largely due to Li Chen's guidance.

"It would be best to postpone it for a month or two. Tiny Times 2 also needs the review of foreign blockbusters." If Guo Xiaosi heard Li Chen's last sentence, he would probably want to fight Li Chen to the death.

Han Saping did not agree to Li Chen's request, but did not refuse it either, and that was enough.

Some things are tacitly understood, just like the suppression of "Tiny Times 2" at the beginning.

As for whether "Tiny Times 2" will be postponed again, it is unknown.

If "Fast and Furious 7" still hits the Chinese mainland next month, Li Chen will also be considered a recruit.

Cao Guowei called Li Chen and said that next month on the 11th is Sina’s 15th anniversary, and he hoped that Li Chen and his wife could show up together.

"It's fine for me, but not for her. Ode to Joy will start filming at the end of this month."

"Okay, anyway, just one of you two can come. Otherwise, don't blame our Xiaolang employees for writing articles saying that you, as a shareholder, are incompetent!"

-

Yang Siwei has not been idle recently. The progress of the listing of "Ace vs. Ace" and Yixin is progressing in an orderly manner.

On March 3, Yang Siwei held a press conference in Beijing on behalf of Yixin Media to answer questions related to Yixin Media's listing.

However, near the end, Jia Ling and Shen Teng showed up unexpectedly.

Yang Siwei also announced the project launch plan of "Ace vs. Ace" in public, which immediately surprised the media on the scene.

This also brought new changes to Yixin Media's valuation.

Sina Entertainment News

"Yixin Media's official announcement: Exclusive production of "Ace vs. Ace"! Shen Teng and Jia Ling's cross-border hosting ignites the capital market."

"Today, One Heart Media held a press conference to answer questions from reporters. Near the end, One Heart Media President Yang Siwei officially announced that he will exclusively produce a new variety show "Ace vs. Ace"!"

"It was confirmed that Shen Teng and Jia Ling, the new national comedy duo, would cross over to host the show for the first time. As soon as the news came out, the capital market responded quickly, and investment banks raised the valuation of Yi Xin Media from 200 billion yuan to 250 billion overnight."

"The valuation of the variety show sector exceeded 120 billion for the first time, becoming the third trump card after "Running Man" and "The Voice of China."

“Production specifications: budget of 2000 million per episode, using the same film-level photography team as Running Man.”

“The program design includes improvisational comedy, re-enactment of classic IPs, and celebrity competitions.”

"Broadcast platform: It is expected to be the seventh season of "Running Man" + Youku Video, which will be the successor to Zhejiang Satellite TV's prime time. Vipshop has reportedly offered a whopping 3 million yuan for the advertising naming rights."

"As analysts said: This is not a variety show, but perhaps a money-printing machine."

The news that Yi Xin Media is creating "Ace vs. Ace" not only left Rong Chen's artists at a loss, but also attracted the attention of the heads of major satellite TV stations.

The two cross-border hosts, Shen Teng and Jia Ling, are enough to attract attention.

The director of Mango TV suddenly realized what was going on. No wonder Jia Ling had rejected Mango TV's request for full-staff acceleration.

Now it was He Jiong's turn to take action.

He Jiong flew to Shanghai specially, and sent an invitation to the premiere of "Gardenia Blossoms" as an excuse to test Li Chen's attitude.

I learned that the variety show will ultimately be broadcast on which TV station through an open bidding process.

He Jiong immediately understood that perhaps on the day of the bidding for "Ace vs. Ace", Yi Xin Media had already been listed on the Hong Kong stock market.

At that time, no matter who won the variety show at a sky-high price, Mr. Li in front of him would always be the biggest winner.

Liu Yifei personally escorted He Jiong out the door.

"Xixi, you must come to the premiere of Gardenia Blossoms. Mr. Li, I don't count on you, because Parasite should have already started filming by then."

"Don't worry, Teacher He. Li Chen told me that you have been supporting Rong Chen's films on Weibo. It would be very inhumane if my husband and I didn't even support your premiere." Liu Yifei agreed readily.

He Jiong laughed loudly: "Mr. Li is too polite, Rong Chen's film is indeed good! I can't lie with my eyes open."

"I'm not afraid to tell you the truth. In fact, I'm quite afraid that Mr. Li will come. Your coming is exactly what I want!" He Jiong suddenly leaned close to Liu Yifei and smiled.

Liu Yifei nodded and said, "Actually, I'm also afraid that he will go to someone else's premiere."

"a ha ha ha."

(End of this chapter)