Huayu started as a substitute director

Chapter 661 Even though there are thousands of people, I will go

In fact, Mr. Wang understands a lot of what he said. What he is worried about is the financial difficulties that Huayi is facing.

The business is too big and the funds are too dispersed.

If you know that the bet is going to fail and there is no capital injection, it will be very troublesome.

Although Yutu is not feeling well either, after all, Yutu is the president's boss and he has the final say on what to do. Unlike their listed companies, they do not have to consider many things and disclose financial reports every quarter.

The main thing is that we don’t know what the situation is with Yutu, how much funds it has, how much strength it has, etc.

Anyway, Yutu doesn't have that much debt pressure. Its animated film "Inside Out" was a global hit, with a final box office of 7.97 million US dollars and a revenue of 55 billion.

This does not include the surrounding copyrights.

It's a pity that this animated film didn't exceed 8 million dollars, which is tens of millions less than its previous life. This is normal as all distributors are different.

"Mr. Wang, Mr. Wang, Jack Ma agrees to lend you the money!" An intellectual woman with short hair ran in.

This man is Hu Ming, the financial director of Huayi.

"Really?" Mr. Wang suddenly sat up from the single sofa.

Mr. Wang also looked happy. They have been looking for funds for some time.

"It's true. Jack Ma borrowed 7 million in the name of Alibaba Pictures, and several Zhejiang banks were willing to provide a credit line of 25 billion!" Hu Mingdao said.

After hearing this, Mr. Da Wang and Mr. Xiao Wang looked at each other with excitement in their eyes. Mr. Ma is really reliable and a timely help!

I'm worried about having no money. As long as I have money, I can stabilize the situation.

33 billion! Then they are not afraid of Yutu. No matter how awesome Yutu is, it is impossible for it to have so much money.

"But there are additional conditions!" Hu Ming poured cold water on him.

"What additional conditions?" Mr. Wang asked subconsciously.

“Huayi is required to complete the master control and release of at least 5 theatrical films within 10 years. Alibaba Pictures has the priority investment right for Huayi’s master control projects. In addition,” Hu Ming seemed to be hesitant to speak.

"You say!" Mr. Wang pointed.

"We need to pledge the equity and income of several companies under Huayi, and we also need the wives of the two CEOs to assume joint and several liability for the loan," said Hu Mingdao.

These words immediately cooled the joyful expressions on Mr. Wang's and Mr. Wang's faces.

In other words, if the money cannot be repaid, the company’s equity can be used as collateral. If that is not enough, their wives will also have to pay it back, and even if they lose everything they have, they still have to pay it back.

It is not so easy to borrow money from Jack Ma. Not only Jack Ma, but money from any capital is not so easy to borrow.

They will only take advantage of the situation, but Jack Ma has been very good to Huayi. At this time, there is basically no capital willing to lend because the situation is unclear, so only Jack Ma can help.

Fang Hong is not feeling well now. The entire Internet is spreading negative news about him. It is useless even if some netizens speak up for him.

In particular, Weibo is full of negative news about him almost 24 hours a day, with real-time and uninterrupted broadcast.

He almost said, "Principal, how cool is that?"

Everyone knows that Jack Ma is the financial backer behind Weibo, and Alibaba also has powerful brands such as UC, Momo, Youku, and Dayu.

How powerful is UC now? Let’s put it this way: it is the world’s number one mobile browser, with 1 million to 1.2 million daily active users in China.

It is no exaggeration to say that even if Jack Ma wanted to discredit him, without intervention from above, over 100 million people would see the principal as a bloody capitalist in one day.

Now you know why the authorities want to control public opinion. It’s so scary.

This is only part of Alibaba's online media power. There are also offline media powers, including the South China Morning Post, Beijing Youth Daily, and China Business News.

That's why Fang Hong is so passive now.

Jack Ma moved very quickly. His media matrix was gradually completed in just one or two years.

Fang Hong is making progress, but others are making progress even faster.

In this regard, Tencent is not as fast as Alibaba and can be said to be the younger brother. Tencent poses less threat to Fang Hong.

Don't look at the present with the eyes of the future, as the situation later does not represent the current situation.

But this is what he deserves. It is not easy to bring down a leading enterprise. Even the rise of TikTok can only help him offset some of the negative impact.

Tik Tok is now in its explosive growth phase, exceeding 10 million daily active users in just one month, like riding a rocket.

The main reason is that the recommendation technology is maturing and has found its positioning.

"Have you figured out how to deal with this? If you don't, we'll both be nailed to the pillar of shame."

On the soft white bed, Liu Tianxian leaned against the headboard, with the man lying on her belly in front of her.

"Originally, I wanted to play a card, but a few days ago I heard the news that Jack Ma raised 33 billion for Huayi, and I hesitated again." Fang Hong put his ear to his belly and listened quietly.

Her belly is noticeably bigger now.

Fang Hong now has a lot of cards in his hand. Apart from the known bet against Huayi, which is doomed to fail, it will be difficult for the other party to succeed after all, with the involvement of Mango TV.

Will Old Boys be able to be released? Warner Bros. has not played its cards yet, and the most important card is the Yin-Yang contract.

If this last card is played, it will be a mass attack, and everyone will have to queue up at the tax bureau.

You have to know that it is not just the stars who have to pay the additional taxes. The studios, film and television entertainment companies also have to pay them because they have also concealed their true costs and incomes.

The compensation is not just for this year and the next few years, but also for the cost of film and television produced in the previous ten years, whether the costs are inflated, whether the income is concealed, etc.

Let’s put it this way, this incident directly led to large-scale production cuts by small and medium-sized film and television companies, the deregistration of thousands of shell companies, and even financial problems for giants like Youku.

The entire Alibaba Cultural and Entertainment Industry will be affected because they have too many film, television and entertainment projects, including Youku and Alibaba Pictures, and too many brokerage companies and film and television companies invested in Canada.

It is not just aimed at celebrities, but the entire industry. This is why Fang Hong asked Chen Zhixi about Bona before.

Once this card is played, the entire industry will enter a cold winter ahead of schedule, leading to a shortage of funds for all.

The turmoil in 2018 was so powerful. It was not aimed at celebrities, but at curbing the disorderly expansion of capital. Celebrities are nothing.

"Ah! So many?" Liu Tianxian was surprised.

"Yes, if I can't kill him with one blow, I dare not act rashly. He has the capital behind him to give him blood transfusion. It will be troublesome if all the cards he has are not able to expose Huayi's thunder. It may cause us to be in a situation where we have no cards to play, and then we can only fail at the last moment." Fang Hong explained.

In this kind of situation, the external factors that change the war situation are too great to be absolutely certain.

Moreover, Huayi also has a trump card. It can sell some businesses, such as Shanda’s stocks, to support its performance. This is not important. In essence, the most concerning thing is Jack Ma. If Jack Ma gives Huayi unconditional blood transfusion, it will be very troublesome.

He cannot look at 2018 with today’s perspective. Alibaba was also in a state of panic that year. Ant Financial was suspended and it was struggling to save itself, so how could it possibly manage Huayi? But now Alibaba is at its peak!
"Just do your best and don't worry." Liu Tianxian touched his head comfortingly.

It's hard to say about this kind of thing, there are too many variables, just like when two armies are at war, even if there is a huge disparity in strength, the stronger side cannot be absolutely sure of defeating the other side.

"I can't understand why Ali is so good to Huayi. He's really like a father to her." Fang Hong stood up and sat next to her.

I don’t know about the transaction between the Big Wang and the Small Wang and Jack Ma, I only know that they have such a financing plan.

"Do you think that Da Wang and Xiao Wang are just CEOs in the film and television industry and have no connections? Da Wang was born in a military compound and joined the army before graduating from high school. After retiring, he worked as a civil servant in the General Administration of Materials.

"He went to the United States to study at a university with only primary school education. In the 1980s and 1990s, few families could have done this. Even now, it is not easy for ordinary families to send their children abroad with just this one thing." Liu Tianxian said.

Fang Hong has always believed that Mr. Wang and Mr. Wang must have a background. It is impossible for them to have no background.

"Of course, he didn't finish his studies. He only graduated from elementary school, so he went abroad to make a living. But when others come back to China and start their own business, they can receive advertising orders from major banks, power companies, and oil companies, and accumulate initial capital directly."

Liu Tianxian turned and looked at him: "If anyone has a starting point like him, they can take off directly."

Fang Hong nodded. If he had the same family conditions as Mr. Wang, there would be no need to fight. He could complete the layout smoothly.

"Boss Wang is not good at business, but he is good at making friends. Huayi has experienced two small crises in the past. One was in 2003 when Feng Kuazi left and started a business with Zhang Guoli. Huayi was left without a film director, and it was Jack Ma who helped him stabilize the situation.

With his eloquence, he got Feng Kuazi back to the side of the two Wangs, and even Zhang Guoli himself became a worker for Huayi without knowing it. "

Liu Tianxian was talking and Fang Hong was listening.

Indeed, Zhang Guoli himself said: "I don't know what conditions Da Wang negotiated, but Feng Kuazi left me and joined Huayi, and later he pulled me in. But I am still working now, and my life is very hard because I signed a gambling agreement with Huayi."

Behind this is Jack Ma giving advice to Huayi. This guy is really amazing.

"The second crisis was in 2005. Wang Jinghua and more than half of the artists jumped ship, and Jack Ma and other Shanghai and Zhejiang businessmen joined the game, helping Huayi stabilize the situation again. They also turned the crisis into an opportunity and listed on the stock market, becoming the No. stock in the film and television industry.

At that time, Xiaoma Pentium and Hairun could stand shoulder to shoulder with Huayi, but they declined due to limited funds.

And the impact of Wang Jinghua's departure was also very great. It can be said that it changed the trend of the entertainment industry and the artist landscape. Li Bailian, Fan Xiaopang, Zhou Gongzi, Huang Xiaozhu, Deng Chao and others all took advantage of the situation and rose to prominence at that time."

While listening to her words, Fang Hong was thinking about the events at that time. He had not experienced it, so he could only know some things from Liu Tianxian's mouth.

After all, Liu Tianxian was already a first-tier person at that time, and his level was much higher than Fang Hong's when he was reborn.

It was only after he was reborn and rose to prominence that he began to come into contact with many things that ordinary people did not come into contact with.

On that occasion, Wang Jinghua took away many top artists, including Chen Daoming, Carina Lau, Tony Leung, Xia Yu, Hu Jun, Tong Dawei and others.

Any one of these people was a very awesome artist at the time. With them around, many resources could not be allocated to some people.

But once these people left, a vacuum in Huayi's artist management was created, and Huayi's resources were naturally acquired by other stars.

Not to mention that it happened to be the time when Huayi went public, and it was simply at its peak.

This is also the reason why Xia Yu, Tong Dawei, and Hu Jun have lost their star power. Xia Yu was the youngest international film emperor at that time, surpassing the four little fresh meat actors, namely Chen Kun, Lu Yi, Huang Xiaoming, and Tong Dawei.

Because he stood on the wrong side many times, he had almost no roles to play and was reduced to a supporting role.

"Before Jack Ma invested in Huayi, he would take a few days every month to chat with Mr. Wang, and they even lived together. They had a very good relationship.

It is to change Da Wang's thinking and help him reshape the business model. You know Da Wang has not received much education. Even in the United States, he is just a nobody. He cannot achieve such a big success without the guidance of an expert. There has always been competition in this industry. "Liu Tianxian said.

"It's really Papa Ma! He really got the nickname right." Fang Hong exclaimed, he was so enthusiastic.

If there was someone helping me like this, I would have risen long ago and would not have waited until today.

Of course, this is also due to the strength of his family. If it were not for the strength of his family, he would not have become a civil servant at the beginning and then went to study in the United States.

He was able to get into Jack Ma's circle, give him money and resources, and teach him how to start a company.

If it weren’t for Jack Ma, the two brothers probably wouldn’t even be able to run a successful company. A billion-level company and a 10 million-level company are two completely different concepts.

The two are different in organizational structure and business model. The 1 million level is just for survival, while the 10 billion level requires a systematic architecture.

Of course, Jack Ma was very disappointed with the two brothers later and even publicly scolded them, saying that the two brothers were the worst CEOs he had ever seen.

Even though they were disappointed, they still stood up to save Huayi again, and they were also from the Zhejiang-Shanghai business system.

Fang Hong recalled that in 18 in his previous life, when Cui Yongyuan was criticizing Huayi the most vigorously, he posted a photo of Jack Ma on Weibo, but it didn't attract any attention at all.

At that time, Dong Ge’s incident in the United States was broadcast live 24 hours a day. Whenever there was any movement in the case, Dong Ge would always be on the hot search list at the first time, and it could not be suppressed.

It’s similar to what Fang Hong is experiencing now.

However, scandals involving various artists are always quietly removed.

"This person is indeed very capable, but of course he is not enthusiastic. Just listen. There must be other reasons." Liu Tianxian said.

"Don't you know any other origins?" Fang Hong asked.

"How could I know so much? I'm not a surveillance camera." Liu Tianxian said humorously.

"Oh, so you're not the surveillance camera! I thought you were." Fang Hong moved closer and smelled her face.

"Don't make a fuss, you're pregnant."

Liu Tianxian hit him and said again: "Now that you know their past, how should we deal with it next?"

"Of course we all have to go into the water together. I didn't want to do this at first, but this is the only way now. There is no other way." Fang Hong made up his mind.

We are determined to contribute to the construction of our motherland. Even if we are scolded, we will still go forward even if there are thousands of people against us!
In fact, he didn't want this to happen before. The impact is really too great. Everyone will be implicated, including Yutu, which will also have to check the costs and income of all the films and TV series shot from 10 to today.

For example, for a film or TV series, if the investment cost is 1 million, it may be said to be 2 million. This can offset the profit and reduce the amount of tax payable.

As mentioned before, corporate tax is based on profits, so by making a movie, the investment cost of the movie can be increased, and the company's profits will be less.

The income of all artists must be checked. Artists receive film remuneration, which is equivalent to wages. It is actually very simple and can be counted as personal income.

But they don't want to pay so much, so they resort to yin-yang contracts and profit transfer operations.

For example, a yin-yang contract, one with a low amount is used to report to the regulatory authorities; the other with a high amount is the actual payment amount, concealing the real income.

The original salary was 100 million, but only 30 million was reported.

So if this happens, the entire industry will be affected and basically no one can escape.

Of course, the top companies will bear the brunt of the impact. For example, Huayi has shot so many films and TV series from the beginning to now. If they were all checked, it would be enough to give them a headache. It is impossible that there was no false reporting.

The same is true for Ai, You, Teng, and Chang'e!
(End of this chapter)